Document:

EXHIBIT 4.2

                   EXCHANGE AND REGISTRATION RIGHTS AGREEMENT

      THIS EXCHANGE AND REGISTRATION RIGHTS AGREEMENT (this "Agreement") is made
and entered into as of March 25, 2004 between DPL INC., an Ohio corporation
("DPL"), and the Purchasers. The term "Purchasers" as used herein shall be
deemed to mean the persons identified as Purchasers on the signature page
hereto, and the term "Purchaser" shall be deemed to mean one of such Purchasers.
All obligations of the Purchasers hereunder are several and not joint.

      This Agreement is made pursuant to the Purchase Agreement dated March 24,
2004 (the "Purchase Agreement"), between DPL, as issuer of the 8% Senior Notes
due 2009 (the "Notes"), and the Purchasers, which provides for, among other
things, the sale by DPL to the Purchasers of $175,000,000 aggregate principal
amount of the Notes. In order to induce the Purchasers to enter into the
Purchase Agreement, DPL has agreed to provide to the Purchasers, for the benefit
of the Purchasers and each other Holder (as defined below), the registration
rights set forth in this Agreement.

      In consideration of the foregoing, the parties hereto agree as follows:

      1. Definitions. As used in this Agreement, the following capitalized
defined terms shall have the following meanings:

      "Additional Interest" shall have the meaning set forth in Section 2(e)
hereof.

      "Advice" shall have the meaning set forth in Section 3(t)(D) hereof.

      "Affiliate" shall have the same meaning as given to that term in Rule 405
under the Securities Act or any successor rule thereunder.

      "Applicable Period" shall have the meaning set forth in Section 3(t)(A)
hereof.

      "Business Day" shall mean a day other than (i) a Saturday or a Sunday,
(ii) a day on which banks in New York City, New York are authorized or obligated
by law or executive order to remain closed or (iii) a day on which the Trustee's
principal corporate trust office is closed for business.

      "Depositary" shall mean, with respect to Notes or Exchange Notes in global
registered form, The Depository Trust Company, or any other depositary appointed
by DPL; provided, however, that such depositary must have an address in the
Borough of Manhattan, The City of New York.

      "DPL" shall have the meaning set forth in the preamble to this Agreement.

      "Effectiveness Period" shall have the meaning set forth in Section 2(b)
hereof.

      "Eligible Holder" shall have the meaning set forth in Section 2(a)(i)
hereof.

      "Exchange Act" shall mean the Securities Exchange Act of 1934, as amended
and in effect from time to time.

      "Exchange Notes" shall mean DPL's 8% Senior Notes due 2009 containing
terms identical to the Notes (except that they will not contain registration
rights, will not provide for any Additional Interest to be payable with respect
thereto and will not contain terms or legends with respect to transfer
restrictions under the Securities Act).

      "Exchange Offer" shall mean the offer by DPL to the Holders to exchange
the Registrable Securities for a like principal amount of Exchange Notes
pursuant to Section 2(a) hereof.

      "Exchange Offer Registration" shall mean a registration under the
Securities Act effected pursuant to Section 2(a) hereof.

      "Exchange Offer Registration Statement" shall mean an exchange offer
registration statement on Form S-4 (or, if applicable, on another appropriate
form), and all amendments and supplements to such registration statement,
including post-effective amendments, in each case including the Prospectus to be
contained therein, all exhibits thereto and all material incorporated by
reference therein.

      "Exchange Period" shall have the meaning set forth in Section 2(a)(ii)(B)
hereof.

      "Holder" shall mean each of the Purchasers, for so long as it owns
beneficial interests in any Registrable Securities, and each subsequent
registered holder of, or subsequent owner of beneficial interests in,
Registrable Securities.

      "Indenture" shall mean the Indenture dated as of March 1, 2000 between DPL
and the Trustee, as the same may be amended from time to time in accordance with
the terms thereof.

      "Inspectors" shall have the meaning set forth in Section 3(n) hereof.

      "Issue Date" shall mean March 24, 2004, the date of original issuance of
the Notes.

      "Majority Holders" shall mean the Holders of a majority of the aggregate
principal amount of outstanding Notes.

      "Notes" shall have the meaning set forth in the preamble to this
Agreement.

      "Notice" shall have the meaning set forth in Section 2(a)(ii)(A) hereof.

      "Participating Broker-Dealer" shall have the meaning set forth in Section
3(t) hereof.

      "Person" shall mean an individual, partnership, corporation, trust or
unincorporated organization, limited liability company or a government or agency
or political subdivision thereof.

      "Prospectus" shall mean the prospectus to be included in a Registration
Statement, including any preliminary prospectus, and any such prospectus as
amended or supplemented by any prospectus supplement, including a prospectus
supplement with respect to the terms of the offering of any portion of the
Registrable Securities covered by a Shelf Registration Statement, and by all
other amendments and supplements to a prospectus, including post-effective
amendments, and in each case including all material incorporated by reference
therein.

      "Purchase Agreement" shall have the meaning set forth in the preamble of
this Agreement.

      "Purchasers" shall have the meaning set forth in the preamble of this
Agreement.

      "Records" shall have the meaning set forth in Section 3(n) hereof.

      "Registrable Securities" shall mean the Notes; provided, however, that the
Notes shall cease to be Registrable Securities when (i) a Registration Statement
with respect to such Notes for the exchange or resale thereof, as the case may
be, has been declared effective under the Securities Act and such Notes have
been disposed of pursuant to such Registration Statement, (ii) such Notes have
been sold to the public pursuant to Rule 144(k) (or any similar provision then
in force, but not Rule 144A) under the Securities Act or are eligible to be sold
without restriction as contemplated by Rule 144(k), (iii) such Notes have ceased
to be outstanding or (iv) such Notes have been exchanged for Exchange Notes upon
consummation of the Exchange Offer and are thereafter freely tradable by the
holder thereof (other than an Affiliate of DPL).

      "Registration Expenses" shall mean any and all expenses incident to
performance of or compliance by DPL with this Agreement, regardless of whether a
Registration Statement becomes effective, including, without limitation: (i) all
SEC or National Association of Securities Dealers, Inc. (the "NASD")
registration and filing fees, including, if applicable, the fees and expenses of
any "qualified independent underwriter" (and its counsel) that is required to be
retained by any Holder of Registrable Securities in accordance with the rules
and regulations of the NASD; (ii) all fees and expenses incurred in connection
with compliance with state securities or blue sky laws (including reasonable
fees and disbursements of counsel for any underwriters or Holders in connection
with blue sky qualification of any of the Exchange Notes or Registrable
Securities) and compliance with the rules of the NASD, in an amount not
exceeding $15,000 in the aggregate, (iii) all expenses of any Persons in
preparing or assisting in preparing, word processing, printing and distributing
any Registration Statement or any Prospectus, and in preparing or assisting in
preparing, printing and distributing any Registration Statement or any
Prospectus, and in preparing or assisting in preparing, printing and
distributing any underwriting agreements, securities sales agreements and other
documents relating to the performance of and compliance with this Agreement,
(iv) all rating agency fees, (v) the fees and disbursements of counsel for DPL,
of Pillsbury Winthrop LLP, as counsel for the Holders hereunder in connection
with the Exchange Offer, and of the independent certified public accountants of
DPL, including the expenses of any "cold comfort" letters required by or
incident to such performance and compliance with this Agreement, (vi) the
reasonable fees and expenses of the Trustee and its counsel and any paying
agent, exchange agent or custodian, (vii) all fees and expenses incurred in
connection with the listing, if any, of any of the Registrable Securities or the
Exchange Notes on any securities exchange or exchanges and (viii) the reasonable
fees and expenses of any special experts retained by DPL in connection with any
Registration Statement.

      "Registration Statement" shall mean any registration statement of DPL
which covers any of the Exchange Notes or Registrable Securities pursuant to the
provisions of this Agreement, and all amendments and supplements to such
Registration Statement, including post-effective amendments, in each case
including the Prospectus contained therein, all exhibits thereto and all
material incorporated by reference therein.

      "Rule 144(k) Period" shall mean the period of two years (or such shorter
period as may hereafter be provided in Rule 144(k) under the Securities Act (or
similar successor rule)) commencing on the Issue Date.

      "SEC" shall mean the Securities and Exchange Commission.

      "Securities Act" shall mean the Securities Act of 1933, as amended and in
effect from time to time.

      "Shelf Registration" shall mean a registration effected pursuant to
Section 2(b) hereof.

      "Shelf Registration Event" shall have the meaning set forth in Section
2(b) hereof.

      "Shelf Registration Event Date" shall have the meaning set forth in
Section 2(b) hereof.

      "Shelf Registration Statement" shall mean a "shelf" registration statement
of DPL pursuant to the provisions of Section 2(b) hereof which covers all of the
Registrable Securities, on an appropriate form under Rule 415 under the
Securities Act, or any similar rule that may be adopted by the SEC, and all
amendments and supplements to such registration statement, including
post-effective amendments, in each case including the Prospectus contained
therein, all exhibits thereto and all material incorporated by reference
therein.

      "TIA" shall mean the Trust Indenture Act of 1939, as amended and in effect
from time to time.

      "Trustee" shall mean J.P. Morgan Trust Company, National Association and
any successor thereto, as trustee under the Indenture.

      2. Registration under the Securities Act. (a) Exchange Offer. (i) To the
extent not prohibited by any applicable law or applicable interpretation of the
staff of the SEC, DPL shall, for the benefit of the Holders, at DPL's cost, use
its reasonable best efforts to (A) prepare and cause to be filed with the SEC,
not later than 120 days after the Issue Date, an Exchange Offer Registration
Statement on an appropriate form under the Securities Act relating to the
Exchange Offer, (B) cause such Exchange Offer Registration Statement to be
declared effective under the Securities Act by the SEC not later than 180 days
after the Issue Date and (C) keep such Exchange Offer Registration Statement
effective for not less than 30 calendar days (or longer if required by
applicable law, and in any event through the Exchange Period) after the date the
Notice of the Exchange Offer is mailed to the Holders. Upon the effectiveness of
the Exchange Offer Registration Statement, DPL shall promptly commence the
Exchange Offer, it being the objective of such Exchange Offer to enable each
Holder so electing to exchange Registrable Securities for a like principal
amount of Exchange Notes (assuming that such Holder (w) is not an Affiliate of
DPL, (x) is not a broker-dealer tendering Registrable Securities acquired
directly from DPL for its own account, (y) acquires the Exchange Notes in the
ordinary course of such Holder's business and (z) has no arrangements or
understandings with any Person to participate in the Exchange Offer for the
purpose of distributing the Exchange Notes and is not otherwise prohibited by
any law or policy of the SEC from participating in the Exchange Offer) (any
Holder meeting all such requirements, hereinafter an "Eligible Holder"), and to
transfer such Exchange Notes from and after their receipt without any
limitations or restrictions under the Securities Act and under state securities
or blue sky laws.
<PAGE>

              (ii) In connection with the Exchange Offer, DPL shall:

                     (A) mail to each Holder a copy of the Prospectus forming
              part of the Exchange Offer Registration Statement, together with
              an appropriate letter of transmittal and related documents
              (together, the "Notice");

                     (B) use its reasonable best efforts to keep the Exchange
              Offer open for acceptance for a period of not less than 30
              calendar days after the date Notice thereof is mailed to the
              Holders (or longer if required by applicable law) (such period
              referred to herein as the "Exchange Period");

                     (C) utilize the services of the Depositary for the Exchange
              Offer;

                     (D) permit Holders to withdraw, at any time prior to the
              close of business, New York time, on the last Business Day of the
              Exchange Period, any Notes tendered for exchange by sending to the
              institution specified in the Notice, a telegram, telex, facsimile
              transmission or letter, received before the aforesaid time,
              setting forth the name of such Holder, the principal amount of
              Notes delivered for exchange, and a statement that such Holder is
              withdrawing his election to have such Notes exchanged;

                     (E) notify each Holder by means of the Notice that any Note
              not tendered by such Holder in the Exchange Offer will remain
              outstanding and continue to accrue interest, but will not retain
              any rights under this Agreement (except in the case of
              Participating Broker-Dealers as provided herein); and

                     (F) otherwise comply in all respects with all applicable
              laws relating to the Exchange Offer.

              (iii) As soon as practicable after the close of the Exchange
       Offer, DPL shall:

                     (A) accept for exchange all Notes or portions thereof
              tendered and not validly withdrawn pursuant to the Exchange Offer;

                     (B) deliver, or cause to be delivered, to the Trustee for
              cancellation all Notes or portions thereof so accepted for
              exchange by DPL; and

                     (C) cause the Trustee to promptly authenticate and deliver
              to the Depositary, Exchange Notes equal in principal amount to the
              principal amount of the Notes surrendered by such Holder.

              (iv) Interest on each Exchange Note issued pursuant to the
       Exchange Offer will accrue from the last date on which interest was paid
       on the Note surrendered in exchange therefor or, if no interest has been
       paid on such Note, from the Issue Date. To the extent not prohibited by
       any law or applicable interpretation of the staff of the SEC, DPL shall
       use its reasonable best efforts to complete the Exchange Offer as
       provided above and shall comply with the applicable requirements of the
       Securities Act, the Exchange Act and other applicable laws in connection
       with the Exchange Offer. The Exchange Offer shall not be subject to any
       conditions, other than that the Exchange Offer does not violate
       applicable law or any applicable interpretation of the staff of the SEC
       and that each Holder tendering Notes for exchange shall be an Eligible
       Holder. Each Holder of Registrable Securities who wishes to exchange such
       Registrable Securities for Exchange Notes in the Exchange Offer will be
       required to make certain customary representations in connection
       therewith, including representations that (A) it is not an Affiliate of
       DPL, (B) it is not a broker-dealer tendering Registrable Securities
       acquired directly from DPL, (C) the Exchange Notes to be received by it
       will be acquired in the ordinary course of its business and (D) at the
       time of the Exchange Offer, it has no arrangements or understandings with
       any Person to participate in the distribution (within the meaning of the
       Securities Act) of the Exchange Notes. Each Holder hereby acknowledges
       and agrees that any Participating Broker-Dealer and any such Holder using
       the Exchange Offer to participate in a distribution of the Exchange
       Notes: (1) could not under SEC policy as in effect on the date of this
       Agreement rely on the position of the SEC enunciated in Morgan Stanley
       and Co., Inc. (available June 5, 1991) and Exxon Capital Holdings
       Corporation (available May 13, 1988), as interpreted in the SEC's letter
       to Shearman & Sterling dated July 2, 1993, and similar no-action letters
       (including any no-action letter obtained based on the representations in
       clause (A) above) and (2) must comply with the registration and
       prospectus delivery requirements of the Securities Act in connection with
       the secondary resale transaction and that such a secondary resale
       transaction should be covered by an effective registration statement
       containing the selling security holder information required by Items 507
       and 508, as applicable, of Regulation S-K under the Securities Act, if
       the resales are of Exchange Notes obtained by such Holder in exchange for
       Notes acquired by such Holder directly from DPL.

              (v) Upon consummation of the Exchange Offer in accordance with
       this Section 2(a), the provisions of this Agreement shall continue to
       apply, mutatis mutandis, solely with respect to Registrable Securities
       that are Exchange Notes held by Participating Broker-Dealers, and DPL
       shall have no further obligation to register the Registrable Securities
       (other than pursuant to Section 2(b)(iii) or Section 2(b)(iv)) pursuant
       to Section 2(b) of this Agreement.

       (b) Shelf Registration. In the event that (i) DPL is not permitted to
effect the Exchange Offer because of any change in law or currently prevailing
interpretations of the staff of the SEC, (ii) the Exchange Offer is not
consummated within 210 days after the Issue Date, or (iii) any Holder (other
than a Participating Broker-Dealer), in the opinion of counsel to such Holder
reasonably acceptable to DPL, is not eligible to participate in the Exchange
Offer or in the case of any Holder (other than a Participating Broker-Dealer)
that participates in the Exchange Offer, such Holder does not receive freely
tradable Exchange Notes on the date of the exchange and any such Holder so
requests (any of the events specified in (i), (ii) or (iii) being a "Shelf
Registration Event" and the date of occurrence thereof, the "Shelf Registration
Event Date"), DPL shall promptly deliver to the Holders and the Trustee written
notice thereof and, at its cost, file as promptly as practicable after such
Shelf Registration Event Date, and, in any event, within 45 days after such
Shelf Registration Event Date (but no earlier than 120 days after the Issue
Date) a Shelf Registration Statement providing for the sale by the Holders of
all of the Registrable Securities, and shall use its reasonable best efforts to
have such Shelf Registration Statement declared effective by the SEC as soon as
practicable. No Holder of Registrable Securities shall be entitled to include
any of its Registrable Securities in any Shelf Registration pursuant to this
Agreement unless and until such Holder agrees in writing to be bound by all of
the provisions of this Agreement applicable to such Holder and furnishes to DPL
in writing, within 15 days after receipt of a request therefor, such information
as DPL may, after conferring with counsel with regard to information relating to
Holders that would be required by the SEC to be included in such Shelf
Registration Statement or Prospectus included therein, reasonably request for
inclusion in any Shelf Registration Statement or Prospectus included therein.
Each Holder as to which any Shelf Registration is being effected agrees to
promptly furnish to DPL all information with respect to such Holder necessary to
make the information previously furnished to DPL by such Holder not materially
misleading.

      DPL agrees to use its reasonable best efforts to keep the Shelf
Registration Statement continuously effective and usable for resales for the
Rule 144(k) Period (subject to extension pursuant to Section 3(t)(D)) or for
such shorter period which will terminate when all of the securities covered by
the Shelf Registration Statement have been sold pursuant to the Shelf
Registration Statement or cease to be Registrable Securities (the "Effectiveness
Period"). DPL shall not permit any securities other than Registrable Securities
to be included in the Shelf Registration. DPL will, in the event a Shelf
Registration Statement is declared effective, provide to each Holder a
reasonable number of copies of the Prospectus which is a part of the Shelf
Registration Statement and notify each such Holder when the Shelf Registration
has become effective. DPL further agrees, if necessary, to supplement or amend
the Shelf Registration Statement, if required by the rules, regulations or
instructions applicable to the registration form used by DPL for such Shelf
Registration Statement or by the Securities Act or by any other rules and
regulations thereunder for shelf registrations, and DPL agrees to furnish to the
Holders of Registrable Securities copies of any such supplement or amendment
promptly after its being used or filed with the SEC.

            (c) Expenses. DPL shall pay all Registration Expenses in connection
with any Registration Statement filed pursuant to Section 2(a) or 2(b) hereof
and will reimburse the Purchasers for the reasonable fees and disbursements of
Pillsbury Winthrop LLP, counsel for the Purchasers, or any other single counsel
designated in writing by the Majority Holders to act as counsel for the Holders
of the Registrable Securities, incurred in connection with the Exchange Offer or
in connection with a Shelf Registration Statement. Except as provided herein,
each Holder shall pay all expenses of its counsel, underwriting discounts and
commissions and transfer taxes, if any, relating to the sale or disposition of
such Holder's Registrable Securities pursuant to the Shelf Registration
Statement.

            (d) Effective Registration Statement. An Exchange Offer Registration
Statement pursuant to Section 2(a) hereof or a Shelf Registration Statement
pursuant to Section 2(b) hereof (or a combination of the two) will not be deemed
to have become effective unless it has been declared effective by the SEC;
provided, however, that if, after it has been declared effective, the offering
of Registrable Securities pursuant to such Exchange Offer Registration Statement
or Shelf Registration Statement is interfered with by any stop order, injunction
or other order or requirement of the SEC or any other governmental agency or
court, such Exchange Offer Registration Statement or Shelf Registration
Statement will be deemed not to have been effective during the period of such
interference, until the offering of Registrable Securities pursuant to such
Registration Statement may legally resume. DPL will be deemed not to have used
its reasonable best efforts to cause the Exchange Offer Registration Statement
or the Shelf Registration Statement, as the case may be, to become, or to
remain, effective during the requisite period if it voluntarily takes any action
that would result in any such Registration Statement not being declared
effective or that would result in the Holders of Registrable Securities covered
thereby not being able to exchange or offer and sell such Registrable Securities
during that period, unless such action is required by applicable law.

            (e) Additional Interest. If DPL fails to comply with this Agreement
or if the Exchange Offer Registration Statement or the Shelf Registration
Statement fails to become or remain effective as required by this Agreement,
then, as liquidated damages, additional interest ("Additional Interest") shall
become payable in respect of the Notes as follows:

               (i) if the Exchange Offer Registration Statement is not filed
       with the SEC on or prior to the 120th day after the Issue Date or,
       notwithstanding that DPL has consummated or will consummate an Exchange
       Offer, DPL is required to file a Shelf Registration Statement and such
       Shelf Registration Statement is not filed on or prior to the date
       required by Section 2(b) hereof, then, commencing on the day after the
       applicable required filing date, Additional Interest shall accrue on the
       principal amount of the Notes at a rate of .50% per annum; and

              (ii) if (A) the Exchange Offer Registration Statement is not
       declared effective by the SEC on or prior to the 180th day after the
       Issue Date or (B) whether or not DPL has consummated or will consummate
       an Exchange Offer, DPL is required to file a Shelf Registration Statement
       and such Shelf Registration Statement is not declared effective by the
       SEC on or prior to the 60th day after the date such Shelf Registration
       Statement was required to be filed, then, commencing on the 181st day
       after the Issue Date or the 61st day after the applicable required filing
       date, as the case may be, Additional Interest shall accrue on the
       principal amount of the Notes at a rate of .50% per annum; and

             (iii) (A) if DPL has not exchanged the Exchange Notes for the Notes
       validly tendered, in accordance with the terms of the Exchange Offer, on
       or prior to the 210th day after the Issue Date or (B) during any time an
       Exchange Offer Registration Statement or a Shelf Registration Statement
       ceases to be effective as described in Section 2(d), then Additional
       Interest shall accrue on the principal amount of Notes, at a rate of .50%
       per annum, commencing on the 211th day after the Issue Date, in the case
       of (A) above, or the day such Registration Statement ceases to be
       effective, in the case of (B) above;

provided, however, that the Additional Interest rate on the Notes may not exceed
in the aggregate 1.0% per annum; provided, further, however, that (1) upon the
filing of the applicable Registration Statement (in the case of clause (i)
above), (2) upon the effectiveness of the Exchange Offer Registration Statement
or a Shelf Registration Statement (in the case of clause (ii) above), (3) upon
the exchange of Exchange Notes for all Notes validly tendered (in the case of
clause (iii)(A) above), or upon the effectiveness of any Registration Statement
that had ceased to remain effective (in the case of clause (iii) (B) above), or
(4) upon the expiration of the Rule 144(k) Period, Additional Interest on the
Notes as a result of such clause (or the relevant subclause thereof), as the
case may be, shall cease to accrue.

      Any amounts of Additional Interest due pursuant to Section 2(e)(i), (ii)
or (iii) above will be payable in cash on the relevant payment dates for the
payment of interest pursuant to the Indenture.

            (f) Specific Enforcement. Without limiting the remedies available to
the Holders, DPL acknowledges that any failure of DPL to comply with its
obligations under Section 2(a) and Section 2(b) hereof may result in material
irreparable injury to the Holders for which there is no adequate remedy at law,
that it would not be possible to measure damages for such injuries precisely and
that, in the event of any such failure, any Holder may obtain such relief as may
be required to specifically enforce the obligations of DPL under Section 2(a)
and Section 2(b) hereof.

      3. Registration Procedures. In connection with the obligations of DPL with
respect to the Registration Statements pursuant to Sections 2(a) and 2(b)
hereof, DPL shall:

            (a) prepare and file with the SEC a Registration Statement or
Registration Statements as prescribed by Sections 2(a) and 2(b) hereof within
the relevant time period specified in Section 2 hereof on the appropriate
form(s) under the Securities Act, which form(s) (i) shall be selected by DPL,
(ii) shall, in the case of a Shelf Registration, be available for the sale of
the Registrable Securities by the selling Holders thereof and, in the case of an
Exchange Offer, be available for the exchange of Registrable Securities and
(iii) shall comply as to form in all material respects with the requirements of
the applicable form and include or incorporate by reference all financial
statements required by the SEC to be filed therewith; and use its reasonable
best efforts to cause such Registration Statement(s) to become effective and
remain effective (and, in the case of a Shelf Registration Statement, usable for
resales) in accordance with Section 2 hereof; provided, however, that if (1)
such filing is pursuant to Section 2(b), or (2) a Prospectus contained in an
Exchange Offer Registration Statement filed pursuant to Section 2(a) is required
to be delivered under the Securities Act by any Participating Broker-Dealer who
seeks to resell Exchange Notes, before filing any Registration Statement or
Prospectus or any amendments or supplements thereto, DPL shall furnish to and
afford the Holders of the Registrable Securities and each such Participating
Broker-Dealer, as the case may be, covered by such Registration Statement, their
counsel and the managing underwriters, if any, a reasonable opportunity to
review copies of all such documents (including copies of any documents to be
incorporated by reference therein and all exhibits thereto) proposed to be
filed. DPL shall not file any Registration Statement or Prospectus or any
amendments or supplements thereto in respect of which the Holders must be
afforded an opportunity to review prior to the filing of such document if the
Majority Holders or such Participating Broker-Dealer, as the case may be, their
counsel or the managing underwriters, if any, reasonably object;

            (b) prepare and file with the SEC such amendments and post-effective
amendments to each Registration Statement as may be necessary to keep such
Registration Statement effective for the Effectiveness Period or the Applicable
Period, as the case may be, and cause each Prospectus to be supplemented, if so
determined by DPL or requested by the SEC, by any required prospectus supplement
and as so supplemented to be filed pursuant to Rule 424 (or any similar
provision then in force) under the Securities Act, and comply with the
provisions of the Securities Act, the Exchange Act and the rules and regulations
promulgated thereunder applicable to it with respect to the disposition of all
securities covered by each Registration Statement during the Effectiveness
Period or the Applicable Period, as the case may be, in accordance with the
intended method or methods of distribution by the selling Holders thereof
described in this Agreement (including sales by any Participating
Broker-Dealer);

            (c) in the case of a Shelf Registration, (i) notify each Holder of
Registrable Securities included in the Shelf Registration Statement, at least
three Business Days prior to filing, that a Shelf Registration Statement with
respect to the Registrable Securities is being filed and advise such Holder that
the distribution of Registrable Securities will be made in accordance with the
method selected by the Majority Holders, (ii) furnish to each Holder of
Registrable Securities included in the Shelf Registration Statement and to each
underwriter of an underwritten offering of Registrable Securities, if any,
without charge, as many copies of each Prospectus, including each preliminary
prospectus, and any amendment or supplement thereto and such other documents as
such Holder or underwriter may reasonably request, in order to facilitate the
public sale or other disposition of the Registrable Securities, (iii) consent to
the use of the Prospectus or any amendment or supplement thereto by each of the
selling Holders of Registrable Securities included in the Shelf Registration
Statement in connection with the offering and sale of the Registrable Securities
covered by the Prospectus or any amendment or supplement thereto, (iv) after the
effective time of the Shelf Registration Statement, promptly upon the request of
any holder of Registrable Securities that is not then identified therein as a
selling securityholder, take any action reasonably necessary to enable such
Holder to use the Prospectus forming a part thereof for resales of Registrable
Securities, including, without limitation, any action necessary to identify such
Holder as a selling securityholder in the Shelf Registration Statement,
provided, however, that nothing in this clause (iv) shall relieve any such
Holder of the obligation to return a completed and signed questionnaire to DPL
in accordance with the terms hereof and (v) furnish to each Holder of
Registrable Securities upon request, a copy of this Agreement or, if so
requested, a summary thereof if requested by any such Holder;

            (d) in the case of a Shelf Registration, register or qualify the
Registrable Securities under all applicable state securities or "blue sky" laws
of such jurisdictions of the United States by the time the applicable
Registration Statement is declared effective by the SEC as any Holder of
Registrable Securities covered by a Registration Statement and each underwriter
of an underwritten offering of Registrable Securities shall reasonably request
in writing in advance of such date of effectiveness, and do any and all other
acts and things that may be reasonably necessary or advisable to enable such
Holder and underwriter to legally consummate the disposition in each such
jurisdiction of such Registrable Securities owned by such Holder; provided,
however, that DPL shall not be required to (i) qualify as a foreign corporation
or as a dealer in securities in any jurisdiction where it would not otherwise be
required to qualify but for this Section 3(d) or (ii) file any general consent
to service of process in any jurisdiction where it would not otherwise be
subject to such service of process;

            (e) (1) in the case of a Shelf Registration or (2) in the event that
Participating Broker-Dealers from whom DPL has received prior written notice
that they will be utilizing the Prospectus contained in the Exchange Offer
Registration Statement as provided in Section 3(t) hereof are seeking to sell
Exchange Notes and are required to deliver Prospectuses, promptly notify each
Holder of Registrable Securities, or each such Participating Broker-Dealer, as
the case may be, their counsel and the managing underwriters, if any, and
promptly confirm such notice in writing (i) when a Registration Statement has
become effective and when any post-effective amendments and supplements thereto
become effective, (ii) of any request by the SEC or any state securities
authority for amendments and supplements to a Registration Statement or
Prospectus or for additional information after the Registration Statement has
become effective, (iii) of the issuance by the SEC or any state securities
authority of any stop order suspending the effectiveness of a Registration
Statement or the qualification of the Registrable Securities or the Exchange
Notes to be offered or sold by any Participating Broker-Dealer in any
jurisdiction described in Section 3(d) hereof or the initiation of any
proceedings for that purpose, (iv) in the case of a Shelf Registration, if,
between the effective date of a Registration Statement and the closing of any
sale of Registrable Securities covered thereby, the representations and
warranties of DPL contained in any purchase agreement, securities sales
agreement or any underwriting agreement entered into as described in Section
3(m), cease to be true and correct in all material respects, (v) of the
happening of any event or the failure of any event to occur or the discovery of
any facts or otherwise, (A) which makes any statement made in such Registration
Statement untrue in any material respect or which causes such Registration
Statement to omit to state a material fact required to be stated therein or
necessary to make the statements therein not misleading, in each case, as of the
time such Registration Statement became effective or (B) which makes any
statement made in a Prospectus untrue in any material respect or which causes
such Prospectus to omit to state a material fact necessary in order to make the
statements therein, in the light of the circumstances then existing, not
misleading, in each case, as of the date of such Prospectus or as of any date on
which a Prospectus is delivered at any time that the related Registration
Statement is required to be effective and (vi) when DPL reasonably determines
that a post-effective amendment to the Registration Statement would be
appropriate;

            (f) make every reasonable effort to obtain the withdrawal of any
order suspending the effectiveness of a Registration Statement at the earliest
possible moment;

            (g) in the case of a Shelf Registration, furnish to each Holder of
Registrable Securities included within the coverage of such Shelf Registration
Statement, without charge, at least one conformed copy of each Registration
Statement relating to such Shelf Registration and any post-effective amendment
thereto (including all financial statements and schedules, and, if so requested,
documents incorporated therein by reference or exhibits thereto);

            (h) in the case of a Shelf Registration, cooperate with the selling
Holders of Registrable Securities to facilitate the timely preparation and
delivery of certificates representing Registrable Securities to be sold and not
bearing any restrictive legends and in such denominations (consistent with the
provisions of the Indenture) and registered in such names as the selling Holders
or the underwriters, if any, may reasonably request at least two Business Days
prior to the closing of any sale of Registrable Securities pursuant to such
Shelf Registration Statement;

            (i) in the case of a Shelf Registration or an Exchange Offer
Registration, promptly after the occurrence of any event specified by Section
3(e)(ii), 3(e)(iii), 3(e)(v) or 3(e)(vi) hereof, prepare a supplement or
post-effective amendment to such Registration Statement or the related
Prospectus or any document incorporated therein by reference or file any other
required document so that, as thereafter delivered to the purchasers of the
Registrable Securities, such Prospectus will not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the
statements therein, in the light of the circumstances then existing, not
misleading; and notify each Holder to suspend use of the Prospectus as promptly
as practicable after the occurrence of such an event, and each Holder hereby
agrees to suspend use of the Prospectus until DPL has amended or supplemented
the Prospectus to correct such misstatement or omission;

            (j) in the case of a Shelf Registration, a reasonable time prior to
the filing of any document which is to be incorporated by reference into a
Registration Statement or a Prospectus after the initial filing of a
Registration Statement, provide a reasonable number of copies of such document
to the Holders; and make such of the representatives of DPL as shall be
reasonably requested by the Holders of Registrable Securities or the Purchasers
on behalf of such Holders available for reasonable discussion of such document;

            (k) obtain a CUSIP number for all Exchange Notes, no later than the
effective date of a Registration Statement, and provide the Trustee with printed
certificates for the Exchange Notes or the Registrable Securities, as the case
may be, in a form eligible for deposit with the Depositary;

            (l) cause the Indenture to be qualified under the TIA in connection
with the registration of the Exchange Notes or the Registrable Securities, as
the case may be, and effect such changes to such documents as may be required
for them to be so qualified in accordance with the terms of the TIA and execute,
and use its reasonable best efforts to cause the Trustee to execute, all
documents as may be required to effect such changes, and all other forms and
documents required to be filed with the SEC to enable such documents to be so
qualified in a timely manner;

            (m) in the case of a Shelf Registration, enter into such agreements
(including underwriting agreements) as are customary in underwritten offerings
and consistent with the terms of the Purchase Agreement and take all such other
appropriate actions in connection therewith as are reasonably requested in order
to expedite or facilitate the registration or the disposition of the Registrable
Securities, and in such connection, whether or not an underwriting agreement is
entered into and whether or not the registration is with respect to an
underwritten offering, if requested by Holders of Notes covered thereby: (i)
make such representations and warranties to Holders of such Registrable
Securities and the underwriters (if any), with respect to the business of DPL
and its subsidiaries as then conducted and the Registration Statement,
Prospectus and documents, if any, incorporated or deemed to be incorporated by
reference therein, in each case, as are customarily made by issuers to
underwriters in underwritten offerings, and confirm the same if and when
requested; (ii) obtain opinions of counsel to DPL and updates thereof (which may
be in the form of a reliance letter) in form and substance reasonably
satisfactory to the managing underwriters (if any) and the Holders of a majority
in principal amount of the Registrable Securities being sold, addressed to each
selling Holder and the underwriters (if any) covering the matters customarily
covered in opinions requested in underwritten offerings and such other matters
as may be reasonably requested by such underwriters (it being agreed that the
matters to be covered by such opinions may be subject to customary
qualifications and exceptions); (iii) obtain "cold comfort" letters and updates
thereof in form and substance reasonably satisfactory to the managing
underwriters (if any) from the independent certified public accountants of DPL
(and, if necessary, any other independent certified public accountants of any
subsidiary of DPL or of any business acquired by DPL for which financial
statements and financial data are, or are required to be, included in the
Registration Statement), addressed to each of such underwriters, such letters to
be in customary form and covering matters of the type customarily covered in
"cold comfort" letters in connection with underwritten offerings and such other
matters as reasonably requested by such underwriters in accordance with
Statement on Auditing Standards No. 72; and (iv) if an underwriting agreement is
entered into, to cause said underwriting agreement to contain indemnification
provisions and procedures no less favorable than those set forth in Section 4
hereof (or such other provisions and procedures acceptable to Holders of a
majority in aggregate principal amount of Registrable Securities covered by such
Registration Statement and the managing underwriters or agents) with respect to
all parties to be indemnified pursuant to said Section, including, without
limitation, such underwriters and selling Holders (the above shall be done at
each closing under such underwriting agreement or, as and to the extent required
thereunder and consistent with the terms of the Purchase Agreement);

<PAGE>

            (n) if (1) a Shelf Registration is filed pursuant to Section 2(b) or
(2) a Prospectus contained in an Exchange Offer Registration Statement filed
pursuant to Section 2(a) is required to be delivered under the Securities Act by
any Participating Broker-Dealer who seeks to sell Exchange Notes during the
Applicable Period, make reasonably available for inspection by any selling
Holder of such Registrable Securities being sold, or each such Participating
Broker-Dealer, as the case may be, any underwriter participating in any such
disposition of Registrable Securities, if any, and any attorney, accountant or
other agent retained by any such selling Holder or each such Participating
Broker-Dealer, as the case may be, or underwriter (collectively, the
"Inspectors"), at the offices where normally kept, during reasonable business
hours, all financial and other records, pertinent corporate documents and
properties of DPL and its subsidiaries (collectively, the "Records") as shall be
reasonably necessary to enable them to exercise any applicable due diligence
responsibilities, and cause the officers, directors and employees of DPL and its
subsidiaries to supply all relevant information in each case reasonably
requested by any such Inspector in connection with such Registration Statement;
provided, however, that the foregoing inspection and information gathering shall
be coordinated on behalf of all such parties by DPL's designated Holders'
counsel, at the expense of such parties as described in Section 2(c) hereof.
Records of DPL and its subsidiaries which DPL determines in good faith to be
confidential and any Records which it notifies the Inspectors are confidential
shall not be disclosed by the Inspectors unless (i) the disclosure of such
Records is necessary to avoid or correct a material misstatement or omission in
such Registration Statement; provided that DPL shall be consulted prior to any
such disclosure, (ii) the release of such Records is ordered pursuant to a
subpoena or other order from a court of competent jurisdiction or is necessary
in connection with any action, suit or proceeding or (iii) the information in
such Records has been made available to the public. Each selling Holder of such
Registrable Securities and each such Participating Broker-Dealer will be
required to agree in writing that information obtained by it or any Inspector
retained by it as a result of such inspections shall be deemed confidential and
shall not be used by it or any Inspector retained by it as the basis for any
market transactions in the securities of DPL unless and until such is made
generally available to the public. Each selling Holder of such Registrable
Securities and each such Participating Broker-Dealer will be required to further
agree in writing that it will, upon learning that disclosure of such Records is
sought in a court of competent jurisdiction, give notice to DPL and allow DPL
(at DPL's expense) to undertake appropriate action to prevent disclosure of the
Records deemed confidential;

            (o) comply with all applicable rules and regulations of the SEC so
long as any provision of this Agreement is applicable and make generally
available to its security holders earning statements satisfying the provisions
of Section 11(a) of the Securities Act and Rule 158 thereunder (or any similar
rule promulgated under the Securities Act), no later than 60 days after the end
of any 12-month period (or 120 days after the end of any 12-month period if such
period is a fiscal year) (i) commencing at the end of any fiscal quarter in
which Registrable Securities are sold to underwriters in a firm commitment or
best efforts underwritten offering and (ii) if not sold to underwriters in such
an offering, commencing on the first day of the first fiscal quarter of DPL
after the effective date of a Registration Statement, which statements shall
cover said 12-month periods;

            (p) upon consummation of an Exchange Offer, if requested by the
Trustee, obtain an opinion (or reliance letter) of counsel to DPL addressed to
the Trustee for the benefit of all Holders of Registrable Securities
participating in the Exchange Offer which restates the opinions delivered
pursuant to the Purchase Agreement (with such changes as are customary to
address the Registration Statement and the transfer of the registered Exchange
Notes) and which, without limitation, includes an opinion that (A) DPL has duly
authorized, executed and delivered the Exchange Notes, (B) each of the Exchange
Notes constitutes a legal, valid and binding obligation of DPL, enforceable
against DPL in accordance with its terms (with customary exceptions), and (C)
the Indenture has been duly qualified under the TIA or no such qualification is
required by the TIA;

            (q) if an Exchange Offer is to be consummated, upon delivery of the
Registrable Securities by Holders to DPL (or to such other Person as directed by
DPL), in exchange for the Exchange Notes, mark, or cause to be marked, on such
Registrable Securities delivered by such Holders that such Registrable
Securities are being canceled in exchange for the Exchange Notes, and in no
event shall such Registrable Securities be marked as paid or otherwise
satisfied;

            (r) cooperate with each seller of Registrable Securities covered by
any Registration Statement and each underwriter, if any, participating in the
disposition of such Registrable Securities and their respective counsel in
connection with any filings required to be made with the NASD;

            (s) use its reasonable best efforts to take all other steps
necessary to effect the registration of the Registrable Securities covered by a
Registration Statement contemplated hereby;

            (t) (A) in the case of the Exchange Offer Registration Statement,
(i) (a) indicate in a "Plan of Distribution" section contained in the Prospectus
contained in the Exchange Offer Registration Statement that any broker or dealer
registered under the Exchange Act who holds Notes that are Registrable
Securities and that were acquired for its own account as a result of
market-making activities or other trading activities (other than Registrable
Securities acquired directly from DPL) (such broker or dealer, a "Participating
Broker-Dealer"), may exchange such Notes pursuant to the Exchange Offer;
however, such Participating Broker-Dealer may be deemed to be an "underwriter"
within the meaning of the Securities Act and must, therefore, deliver a
prospectus meeting the requirements of the Securities Act in connection with any
resales of the Exchange Notes received by such Participating Broker-Dealer in
the Exchange Offer, which prospectus delivery requirement may be satisfied by
the delivery by such Participating Broker-Dealer of the Prospectus contained in
the Exchange Offer Registration Statement and (b) include in such "Plan of
Distribution" section all other information with respect to such resales by
Participating Broker-Dealers that the SEC may require in order to permit such
resales pursuant thereto, but such "Plan of Distribution" shall not name any
such Participating Broker-Dealer or disclose the amount of Exchange Notes held
by any such Participating Broker-Dealer except to the extent required by the
Commission as a result of a change in policy announced after the date of this
Agreement, (ii) furnish to each Participating Broker-Dealer who has delivered to
DPL the notice referred to in Section 3(e), without charge, as many copies of
each Prospectus included in the Exchange Offer Registration Statement, including
any preliminary prospectus, and any amendment or supplement thereto, as such
Participating Broker-Dealer may reasonably request (DPL hereby consents to the
use of the Prospectus forming part of the Exchange Offer Registration Statement
or any amendment or supplement thereto by any Person subject to the prospectus
delivery requirements of the Securities Act, including all Participating
Broker-Dealers, in connection with the sale or transfer of the Exchange Notes
covered by the Prospectus or any amendment or supplement thereto), (iii) use its
reasonable best efforts to keep the Exchange Offer Registration Statement
effective and to amend and supplement the Prospectus contained therein in order
to permit such Prospectus to be lawfully delivered by all Persons subject to the
prospectus delivery requirements of the Securities Act, including all
Participating Broker-Dealers, for such period of time as such Persons must
comply with such requirements under the Securities Act and applicable rules and
regulations in order to resell the Exchange Notes; provided, however, that such
period shall not be required to exceed 90 days (or such longer period if
extended pursuant to the last sentence of Section 3(t)(D) hereof) (the
"Applicable Period") and (iv) include in the transmittal letter or similar
documentation to be executed by an exchange offeree in order to participate in
the Exchange Offer (x) the following provision:

                            "If the exchange offeree is a broker-dealer holding
                     Registrable Securities acquired for its own account as a
                     result of market-making activities or other trading
                     activities, it is required to deliver a prospectus meeting
                     the requirements of the Securities Act in connection with
                     any resale of Exchange Notes received in respect of such
                     Registrable Securities pursuant to the Exchange Offer,"

and (y) a statement to the effect that, by a Participating Broker-Dealer making
the acknowledgment described in clause (x) and by delivering a Prospectus in
connection with the exchange of Registrable Securities, the Participating
Broker-Dealer will not be deemed to admit that it is an underwriter within the
meaning of the Securities Act;

                    (B) in the case of any Exchange Offer Registration
Statement, deliver to a representative of any Participating Broker-Dealer, if
requested by the Participating Broker-Dealer, upon consummation of the Exchange
Offer and (in the case of clause (iii) below) upon the effectiveness of the
Exchange Offer Registration Statement, (i) an opinion of counsel in form and
substance reasonably satisfactory to such representative of such Participating
Broker-Dealer, covering the matters customarily covered in opinions requested in
connection with Exchange Offer Registration Statements and such other matters as
may be reasonably requested (it being agreed that the matters to be covered by
such opinion may be subject to customary qualifications and exceptions), (ii) an
officer's certificate containing certifications substantially similar to those
set forth in a certificate delivered pursuant to Section 8(a) of the Purchase
Agreement and such additional certifications as are customarily delivered in a
public offering of debt securities and (iii) a comfort letter, in each case, in
customary form as permitted by Statement on Auditing Standards No. 72;

                    (C) DPL may require each seller of Registrable Securities as
to which any registration is being effected to furnish to DPL such information
regarding such seller as may be required by the staff of the SEC to be included
in a Registration Statement. DPL may exclude from such registration the
Registrable Securities of any seller who unreasonably fails to furnish such
information within a reasonable time after receiving such request. DPL shall not
have any obligation to register under the Securities Act the Registrable
Securities of a seller who so fails to furnish such information; and

                    (D) (1) In the case of a Shelf Registration Statement or (2)
in the event that Participating Broker-Dealers have previously notified DPL in
writing that they will be utilizing the Prospectus contained in the Exchange
Offer Registration Statement as provided in Section 3(t) hereof and are seeking
to sell Exchange Notes and are required to deliver Prospectuses, each Holder
agrees that, upon receipt of any notice from DPL of the occurrence of any event
specified in Section 3(e)(ii), 3(e)(iii), 3(e)(v) or 3(e)(vi) hereof, such
Holder will forthwith discontinue disposition of Registrable Securities pursuant
to a Registration Statement until such Holder's receipt of the copies of the
supplemented or amended Prospectus contemplated by Section 3(i) hereof or until
it is advised in writing (the "Advice") by DPL that the use of the applicable
Prospectus may be resumed, and, if so directed by DPL, such Holder will deliver
to DPL (at DPL's expense) all copies in such Holder's possession, other than
permanent file copies then in such Holder's possession, of the Prospectus
covering such Registrable Securities or Exchange Notes, as the case may be,
current at the time of receipt of such notice. If DPL gives any such notice to
suspend the disposition of Registrable Securities or Exchange Notes, as the case
may be, pursuant to a Registration Statement, DPL shall use its best efforts to
file and have declared effective (if an amendment) as soon as practicable an
amendment or supplement to the Registration Statement and shall extend the
period during which such Registration Statement shall be maintained effective
and usable for resales pursuant to this Agreement by the number of days in the
period from and including the date of the giving of such notice to and including
the date when DPL has made available to the Holders (x) copies of the
supplemented or amended Prospectus necessary to resume such dispositions or (y)
the Advice; and

            (u) In the event that any broker-dealer registered under the
Exchange Act underwrites any Notes or participates as a member of an
underwriting syndicate or selling group or "assists in the distribution" (within
the meaning of the Conduct Rules (the "Rules") of the NASD) thereof, whether as
a Holder of such Notes or as an underwriter, a placement or sales agent or a
broker or dealer in respect thereof, or otherwise, DPL will assist such
broker-dealer in complying with the requirements of such Rules, including,
without limitation, by (i) if such Rules, including Rule 2720, so require,
engaging a "qualified independent underwriter" (as defined in Rule 2720) to
participate in the preparation of the Registration Statement relating to such
Notes, to exercise usual standards of due diligence in respect thereto and, if
any portion of the offering contemplated by such Registration Statement is an
underwritten offering or is made through a placement or sales agent, to
recommend the yield of such Notes, (ii) indemnifying any such qualified
independent underwriter to the extent of the indemnification of underwriters
provided in Section 4 hereof and (iii) providing such information to such
broker-dealer as may be required in order for such broker-dealer to comply with
the requirements of the Rules.

      4. Indemnification and Contribution. (a) DPL agrees to indemnify and hold
harmless each Holder of the Registrable Securities or Exchange Notes, any
Participating Broker-Dealer (and its partners, directors and officers) and each
person, if any, who controls such Holder or such Participating Broker-Dealer
(and its partners, directors and officers) within the meaning of the Securities
Act or the Exchange Act (each Holder, any Participating Broker-Dealer and such
controlling persons are referred to collectively as the "Indemnified Parties")
from and against any losses, claims, damages or liabilities, joint or several,
or any actions in respect thereof (including, but not limited to, any losses,
claims, damages, liabilities or actions relating to purchases and sales of the
Registrable Securities or Exchange Notes) to which each such Indemnified Party
may become subject under the Securities Act, the Exchange Act or otherwise,
insofar as such losses, claims, damages, liabilities or actions arise out of or
are based upon any untrue statement or alleged untrue statement of a material
fact contained in a Registration Statement or Prospectus or in any amendment or
supplement thereto or in any preliminary prospectus relating to a Shelf
Registration, or arise out of, or are based upon, the omission or alleged
omission to state therein a material fact required to be stated therein or
necessary to make the statements therein not misleading, and shall reimburse, as
incurred, each Indemnified Party for any legal or other expenses reasonably
incurred by them in connection with investigating or defending any such loss,
claim, damage, liability or action in respect thereof; provided, however, that
(i) DPL shall not be liable to a Holder in any such case to the extent that such
loss, claim, damage or liability arises out of or is based upon any untrue
statement or alleged untrue statement or omission or alleged omission made in a
Registration Statement or Prospectus or in any amendment or supplement thereto
or in any preliminary prospectus relating to a Shelf Registration in reliance
upon and in conformity with written information pertaining to such Holder and
furnished to DPL by or on behalf of such Holder expressly for inclusion therein
and (ii) with respect to any untrue statement or omission or alleged untrue
statement or omission made in any preliminary prospectus relating to a Shelf
Registration Statement, the indemnity agreement contained in this subsection (a)
shall not inure to the benefit of any Holder or Participating Broker-Dealer from
whom the person asserting any such losses, claims, damages or liabilities
purchased the Registrable Securities or Exchange Notes concerned, to the extent
that a prospectus relating to such Registrable Securities or Exchange Notes was
required to be delivered by such Holder or Participating Broker-Dealer under the
Securities Act in connection with such purchase and any such loss, claim, damage
or liability of such Holder or Participating Broker-Dealer results from the fact
that there was not sent or given to such person, at or prior to the written
confirmation of the sale of such Registrable Securities or Exchange Notes to
such person, a copy of the final prospectus if DPL had previously furnished
copies thereof to such Holder or Participating Broker-Dealer; provided further,
however, that this indemnity agreement will be in addition to any liability
which DPL may otherwise have to such Indemnified Party. DPL shall also indemnify
underwriters, their partners, officers and directors and each person who
controls such underwriters within the meaning of the Securities Act or the
Exchange Act to the same extent as provided above with respect to the
indemnification of the Holders of the Registrable Securities or Exchange Notes
if requested by such Holders.

            (b) Each Holder of the Registrable Securities or Exchange Notes,
severally and not jointly, will indemnify and hold harmless DPL and each person,
if any, who controls DPL within the meaning of the Securities Act or the
Exchange Act from and against any losses, claims, damages or liabilities or any
actions in respect thereof, to which DPL or any such controlling person may
become subject under the Securities Act, the Exchange Act or otherwise, insofar
as such losses, claims, damages, liabilities or actions arise out of or are
based upon any untrue statement or alleged untrue statement of a material fact
contained in a Registration Statement or prospectus or in any amendment or
supplement thereto or in any preliminary prospectus relating to a Shelf
Registration, or arise out of or are based upon the omission or alleged omission
to state therein a material fact necessary to make the statements therein not
misleading, but in each case only to the extent that the untrue statement or
omission or alleged untrue statement or omission was made in reliance upon and
in conformity with written information pertaining to such Holder and furnished
to DPL by or on behalf of such Holder expressly for inclusion therein; and,
subject to the limitation set forth immediately preceding this clause, shall
reimburse, as incurred, DPL for any legal or other expenses reasonably incurred
by DPL or any such controlling person in connection with investigating or
defending any loss, claim, damage, liability or action in respect thereof. This
indemnity agreement will be in addition to any liability which such Holder may
otherwise have to DPL or any of its controlling persons.

            (c) Promptly after receipt by an indemnified party under this
Section 4 of notice of the commencement of any action or proceeding (including a
governmental investigation), such indemnified party will, if a claim in respect
thereof is to be made against the indemnifying party under this Section 4,
notify the indemnifying party of the commencement thereof; but the omission so
to notify the indemnifying party will not, in any event, relieve the
indemnifying party from any obligations to any indemnified party other than to
the extent the indemnifying party is prejudiced thereby, and in any event shall
not relieve it from liability that it may have otherwise on account of this
indemnity agreement. In case any such action is brought against any indemnified
party, and it notifies the indemnifying party of the commencement thereof, the
indemnifying party will be entitled to participate therein and, to the extent
that it may wish, jointly with any other indemnifying party similarly notified,
to assume the defense thereof, with counsel reasonably satisfactory to such
indemnified party (who may, subject to the terms hereof, be counsel to the
indemnifying party), and after notice from the indemnifying party to such
indemnified party of its election so to assume the defense thereof the
indemnifying party will not be liable to such indemnified party under this
Section 4 for any legal or other expenses subsequently incurred by such
indemnified party in connection with the defense thereof. The indemnifying party
shall not be liable for any settlement of any action effected without its
consent, but if any such action is settled with the consent of the indemnifying
party or if there be a final judgment for the plaintiff in any such action, the
indemnifying party agrees to indemnify and hold harmless the indemnified party
from and against any loss or liability by reason of such settlement or judgment.
No indemnifying party shall, without the prior written consent of the
indemnified party, effect any settlement of any pending or threatened action in
respect of which any indemnified party is or could have been a party and
indemnity could have been sought hereunder by such indemnified party unless such
settlement includes an unconditional release of such indemnified party from all
liability on any claims that are the subject matter of such action, and does not
include a statement as to or an admission of fault, culpability or a failure to
act by or on behalf of any indemnified party.

            (d) If the indemnification provided for in this Section 4 is
unavailable or insufficient to hold harmless an indemnified party under
subsections (a) or (b) above, then each indemnifying party shall contribute to
the amount paid or payable by such indemnified party as a result of the losses,
claims, damages or liabilities (or actions in respect thereof) referred to in
subsection (a) or (b) above in such proportion as is appropriate to reflect the
relative fault of the indemnifying party or parties on the one hand and the
indemnified party on the other in connection with the statements or omissions
that resulted in such losses, claims, damages or liabilities (or actions in
respect thereof) as well as any other relevant equitable considerations. The
parties hereto agree that it would not be just and equitable if contributions
pursuant to this Section 4(d) were determined by pro rata allocation (even if
the Holders or any agents or underwriters or all of them were treated as one
entity for such purpose) or by any other method of allocation that does not take
account of the equitable considerations referred to in this Section 4(d). The
relative fault of the parties shall be determined by reference to, among other
things, whether the untrue or alleged untrue statement of a material fact or the
omission or alleged omission to state a material fact relates to information
supplied by DPL on the one hand or such Holder or such other indemnified party,
as the case may be, on the other, and the parties' relative intent, knowledge,
access to information and opportunity to correct or prevent such statement or
omission. The amount paid by an indemnified party as a result of the losses,
claims, damages or liabilities referred to in the first sentence of this
subsection (d) shall be deemed to include any legal or other expenses reasonably
incurred by such indemnified party in connection with investigating or defending
any action or claim which is the subject of this subsection (d). Notwithstanding
any other provision of this Section 4(d), the Holders of the Registrable
Securities or Exchange Notes shall not be required to contribute any amount in
excess of the amount by which the net proceeds received by such Holders from the
sale of the Registrable Securities or Exchange Notes pursuant to a Registration
Statement exceeds the amount of damages which such Holders have otherwise been
required to pay by reason of such untrue or alleged untrue statement or omission
or alleged omission. No person guilty of fraudulent misrepresentation (within
the meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any person who was not guilty of such fraudulent
misrepresentation. For purposes of this paragraph (d), each person, if any, who
controls such indemnified party within the meaning of the Securities Act or the
Exchange Act shall have the same rights to contribution as such indemnified
party and each person, if any, who controls DPL within the meaning of the
Securities Act or the Exchange Act shall have the same rights to contribution as
DPL.

            (e) The agreements contained in this Section 4 shall survive the
sale of the Registrable Securities or Exchange Notes pursuant to a Registration
Statement and shall remain in full force and effect, regardless of any
termination or cancellation of this Agreement or any investigation made by or on
behalf of any indemnified party.

            (f) The remedies provided for in this Section 4 are not exclusive
and shall not limit any rights or remedies that may otherwise be available to
any indemnified party at law or in equity.

      5. Participation in Underwritten Registrations. No Holder may participate
in any underwritten registration hereunder unless such Holder (a) agrees to sell
such Holder's Registrable Securities on the basis provided in any underwriting
arrangements approved by the Persons entitled hereunder to approve such
arrangements and (b) completes and executes all reasonable questionnaires,
powers of attorney, indemnities, underwriting agreements, lock-up letters and
other documents reasonably required under the terms of such underwriting
arrangements.

      6. Selection of Underwriters. The Holders of Registrable Securities
covered by the Shelf Registration Statement who desire to do so may sell the
securities covered by such Shelf Registration in an underwritten offering,
subject to the provisions of Section 3(m) hereof. In any such underwritten
offering, the underwriter or underwriters and manager or managers that will
administer the offering will be selected by the Holders of a majority in
aggregate principal amount of the Registrable Securities included in such
offering; provided, however, that such underwriters and managers must be
reasonably satisfactory to DPL.

      7. Miscellaneous. (a) Rule 144A. For so long as any Registrable Securities
remain outstanding, if DPL ceases to be required to file, or fails to timely
file, reports required pursuant to Section 13 or 15(d) of the Exchange Act, it
will, upon the request of any Holder of Registrable Securities (a) deliver such
information to purchasers and prospective purchasers as is necessary to permit
sales of their Registrable Securities pursuant to Rule 144A under the Securities
Act and take such further action as any Holder of Registrable Securities may
reasonably request and (b) take such further action that is reasonable in the
circumstances, in each case, to the extent required from time to time to enable
such Holder to sell its Registrable Securities without registration under the
Securities Act within the limitation of the exemptions provided by Rule 144A
under the Securities Act, as such rule may be amended and in effect from time to
time. Upon the request of any Holder of Registrable Securities, DPL will deliver
to such Holder a written statement as to whether it has complied with such
requirements. Without limiting the foregoing, DPL will provide a copy of this
Agreement upon request to any purchaser or prospective purchaser of Notes.

            (b) No Inconsistent Agreements. DPL has not entered into, nor will
DPL on or after the date of this Agreement enter into, any agreement that is
inconsistent with the rights granted to the Holders of Registrable Securities in
this Agreement or that otherwise conflicts with the provisions hereof. The
rights granted to the Holders hereunder do not in any way conflict with and are
not inconsistent with the rights granted to the holders of DPL's other issued
and outstanding securities under any such agreements.

            (c) Amendments and Waivers. The provisions of this Agreement,
including the provisions of this sentence, may not be amended, modified or
supplemented, and waivers or consents to departures from the provisions hereof
may not be given without the written consent of Holders of a majority in
aggregate principal amount of the outstanding Registrable Securities affected by
such amendment, modification, supplement, waiver or departure; provided that no
amendment, modification or supplement or waiver or consent to the departure with
respect to the provisions of Section 4 hereof shall be effective as against any
Holder of Registrable Securities unless consented to in writing by such Holder.
Each Holder of Registrable Securities shall be bound by any amendment or waiver
effected pursuant to this Section 7(c), whether or not any notice, writing or
marking indicating such amendment or waiver appears on such security or is
delivered to such Holder. The Company shall bear any reasonable expense of each
Holder of Registrable Securities in connection with any action pursuant to, or
enforcement of, this Section 7(c).

            (d) Notices. All notices and other communications provided for or
permitted hereunder shall be made in writing by hand delivery, registered
first-class mail, telecopier, or any courier guaranteeing overnight delivery (i)
if to a Holder, at the most current address given by such Holder to DPL by means
of a notice given in accordance with the provisions of this Section 7(d) or in
the absence of such notice, as specified in the Indenture for registered holders
of Notes, which address initially is, with respect to the Purchasers, the
address set forth in the Purchase Agreement and (ii) if to DPL, initially at
DPL's address set forth in the Purchase Agreement and thereafter at such other
address, notice of which is given in accordance with the provisions of this
Section 7(d).

      All such notices and communications shall be deemed to have been duly
given: at the time delivered by hand, if personally delivered; five Business
Days after being deposited in the mail, postage prepaid, if mailed; when receipt
is acknowledged, if telecopied; and on the next Business Day, if timely
delivered to an air courier guaranteeing overnight delivery.

      Copies of all such notices, demands, or other communications shall be
concurrently delivered by the Person giving the same to the Trustee, at the
address specified in the Indenture.

            (e) Successors and Assigns. This Agreement shall inure to the
benefit of and be binding upon the successors, assigns and transferees of the
Purchasers, including, without limitation and without the need for an express
assignment, subsequent Holders, and DPL; provided, however, that nothing herein
shall be deemed to permit any assignment, transfer or other disposition of
Registrable Securities in violation of the terms of the Purchase Agreement or
the Indenture. If any transferee of any Holder acquires Registrable Securities
in any manner, whether by operation of law or otherwise, such Registrable
Securities shall be held subject to all of the terms of this Agreement, and by
taking and holding such Registrable Securities, such Person shall be
conclusively deemed to have agreed to be bound by and to perform all of the
terms and provisions of this Agreement and such Person shall be entitled to
receive the benefits hereof.

            (f) Third Party Beneficiaries. Each Holder and any Participating
Broker-Dealer shall be a third party beneficiary of the agreements made
hereunder among DPL and the Purchasers and shall have the right to enforce such
agreements directly to the extent it deems such enforcement necessary or
advisable to protect its rights or the rights of Holders hereunder.

            (g) Consent to Jurisdiction. DPL irrevocably submits to the
non-exclusive jurisdiction of any federal or state court of competent
jurisdiction in the City, County and State of New York, United States of
America, in any legal suit, action or proceeding based on or arising under this
Agreement and agrees that all claims in respect of such suit or proceeding may
be determined in any such court. Subject to the ability of a federal court of
competent jurisdiction to raise the issue on its own motion, DPL irrevocably
waives the defense of an inconvenient forum or objections to personal
jurisdiction with respect to the maintenance of such legal suit, action or
proceeding. DPL agrees that service of process at its principal executive
offices shall be deemed in every respect effective service of process upon DPL
in any such legal suit, action or proceeding. Nothing herein shall affect the
right of the Purchasers or any person controlling the Purchasers to serve
process in any other manner permitted by law. The provisions of this subsection
(g) shall remain operative and in full force and effect regardless of any
termination of this Agreement, in whole or in part.

            (h) Counterparts Facsimile. This Agreement may be executed in any
number of counterparts and by the parties hereto in separate counterparts, and
signature pages may be delivered by facsimile, each of which when so executed
shall be deemed to be an original and all of which taken together shall
constitute one and the same agreement.

            (i) Headings. The headings in this Agreement are for convenience of
reference only and shall not limit or otherwise affect the meaning hereof.

            (j) GOVERNING LAW. THIS AGREEMENT SHALL BE DEEMED TO HAVE BEEN MADE
IN THE STATE OF NEW YORK. THE TERMS AND CONDITIONS SET FORTH HEREIN SHALL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK
WITHOUT GIVING EFFECT TO ANY PROVISIONS RELATING TO CONFLICTS OF LAWS.

            (k) Severability. In the event that any one or more of the
provisions contained herein, or the application thereof in any circumstance, is
held invalid, illegal or unenforceable, the validity, legality and
enforceability of any such provision in every other respect and of the remaining
provisions contained herein shall not be affected or impaired thereby.

            (l) Securities Held by DPL or its Affiliates. Whenever the consent
or approval of Holders of a specified percentage of Registrable Securities is
required hereunder, Registrable Securities held by DPL or any of its Affiliates
shall not be counted in determining whether such consent or approval was given
by the Holders of such required percentage, but shall continue to be treated as
outstanding.

<PAGE>

                           [SIGNATURE PAGES OMITTED]EXHIBIT 4.1

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

                DEUTSCHE MORTGAGE & ASSET RECEIVING CORPORATION,
                                    Depositor

                      GMAC COMMERCIAL MORTGAGE CORPORATION,
                                    Servicer

                             LENNAR PARTNERS, INC.,
                                Special Servicer

                             WELLS FARGO BANK, N.A.,
                                     Trustee

                                       and

                       LASALLE BANK NATIONAL ASSOCIATION,
                       Bond Administrator and Paying Agent

                     ---------------------------------------
                         POOLING AND SERVICING AGREEMENT

                            Dated as of March 1, 2004
                     ---------------------------------------

                                 COMM 2004-LNB2

                  Commercial Mortgage Pass-Through Certificates

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

<PAGE>

                                TABLE OF CONTENTS

                                    ARTICLE I

                                   DEFINITIONS

Section 1.01  Defined Terms................................................
Section 1.02  Certain Calculations.........................................
Section 1.03  Certain Constructions........................................

                                   ARTICLE II

                          CONVEYANCE OF MORTGAGE LOANS;
                        ORIGINAL ISSUANCE OF CERTIFICATES

Section 2.01  Conveyance of Mortgage Loans and Loan REMIC Interests;
               Assignment of Mortgage Loan Purchase Agreements.............
Section 2.02  Acceptance by Custodian and the Trustee......................
Section 2.03  Representations, Warranties and Covenants of the
               Depositor; Repurchase and Substitution of Mortgage Loans....
Section 2.04  Representations, Warranties and Covenants of the
               Servicer, Special Servicer, Trustee and the Bond
               Administrator...............................................
Section 2.05  Execution and Delivery of Certificates; Issuance of
               Lower-Tier Regular Interests................................
Section 2.06  Miscellaneous REMIC and Grantor Trust Provisions.............

                                   ARTICLE III

                          ADMINISTRATION AND SERVICING
                                OF THE TRUST FUND

Section 3.01  Servicer to Act as Servicer; Special Servicer to Act as
               Special Servicer; Administration of the Mortgage Loans
               and the Serviced Companion Loans............................
Section 3.02  Liability of the Servicer....................................
Section 3.03  Collection of Mortgage Loan and Serviced Companion Loan
               Payments....................................................
Section 3.04  Collection of Taxes, Assessments and Similar Items;
               Escrow Accounts.............................................
Section 3.05  Collection Account; Excess Liquidation Proceeds Account;
               the Distribution Accounts; Interest Reserve Account and
               the Serviced Whole Loan Collection Account..................
Section 3.06  Permitted Withdrawals from the Collection Account, the
               Distribution Accounts and the Serviced Whole Loan
               Collection Account; Trust Ledger............................
Section 3.07  Investment of Funds in the Collection Account, the
               Serviced Whole Loan Collection Account, REO Account, the
               Lock-Box Accounts, the Cash Collateral Accounts and the
               Reserve Accounts............................................
Section 3.08  Maintenance of Insurance Policies and Errors and
               Omissions and Fidelity Coverage.............................
Section 3.09  Enforcement of Due-On-Sale Clauses; Assumption
               Agreements; Defeasance Provisions...........................
Section 3.10  Appraisals; Realization Upon Defaulted Mortgage Loans........
Section 3.11  Trustee to Cooperate; Release of Mortgage Files..............
Section 3.12  Servicing Fees, Trustee Fees and Special Servicing
               Compensation................................................
Section 3.13  Reports to the Bond Administrator; Collection Account
               Statements..................................................
Section 3.14  Annual Statement as to Compliance............................
Section 3.15  Annual Independent Public Accountants' Servicing Report......
Section 3.16  Access to Certain Documentation..............................
Section 3.17  Title and Management of REO Properties and REO Account
               Properties..................................................
Section 3.18  Sale of Specially Serviced Loans and REO Properties..........
Section 3.19  Additional Obligations of the Servicer and Special
               Servicer; Inspections.......................................
Section 3.20  Authenticating Agent.........................................
Section 3.21  Appointment of Custodians....................................
Section 3.22  Reports to the Securities and Exchange Commission;
               Available Information.......................................
Section 3.23  Lock-Box Accounts, Cash Collateral Accounts, Escrow
               Accounts and Reserve Accounts...............................
Section 3.24  Property Advances............................................
Section 3.25  Appointment of Special Servicer..............................
Section 3.26  Transfer of Servicing Between Servicer and Special
               Servicer; Record Keeping; Asset Status Report...............
Section 3.27  [Reserved]...................................................
Section 3.28  Limitations on and Authorizations of the Servicer and
               Special Servicer with Respect to Certain Mortgage Loans.....
Section 3.29  [Reserved]...................................................
Section 3.30  Modifications, Waivers, Amendments and Consents..............
Section 3.31  Rights of Holders of the Tysons Corner Center Whole Loan.....
Section 3.32  [Reserved]...................................................
Section 3.33  Certain Intercreditor Matters Relating to the Whole Loans....
Section 3.34  Certain Matters Relating to the AFR/Bank of America
               Portfolio Whole Loan........................................
Section 3.35  Certain Matters Relating to the Meadows Mall Whole Loan......

                                   ARTICLE IV

                       DISTRIBUTIONS TO CERTIFICATEHOLDERS

Section 4.01  Distributions................................................
Section 4.02  Statements to Certificateholders; Reports by Bond
               Administrator; Other Information Available to the
               Holders and Others..........................................
Section 4.03  Compliance with Withholding Requirements.....................
Section 4.04  REMIC Compliance.............................................
Section 4.05  Imposition of Tax on the Trust Fund..........................
Section 4.06  Remittances..................................................
Section 4.07  P&I Advances.................................................
Section 4.08  Grantor Trust Reporting......................................

                                    ARTICLE V

                                THE CERTIFICATES

Section 5.01  The Certificates.............................................
Section 5.02  Registration, Transfer and Exchange of Certificates..........
Section 5.03  Mutilated, Destroyed, Lost or Stolen Certificates............
Section 5.04  Appointment of Paying Agent..................................
Section 5.05  Access to Certificateholders' Names and Addresses............
Section 5.06  Actions of Certificateholders................................

                                   ARTICLE VI

              THE DEPOSITOR, THE SERVICER AND THE SPECIAL SERVICER

Section 6.01  Liability of the Depositor, the Servicer and the Special
               Servicer....................................................
Section 6.02  Merger or Consolidation of the Servicer......................
Section 6.03  Limitation on Liability of the Depositor, the Servicer
               and Others..................................................
Section 6.04  Limitation on Resignation of the Servicer and the Special
               Servicer; Termination of the Servicer and the Special
               Servicer....................................................
Section 6.05  Rights of the Depositor and the Trustee in Respect of the
               Servicer and the Special Servicer...........................
Section 6.06  Servicer or Special Servicer as Owner of a Certificate.......
Section 6.07  Certain Matters Relating to the Non-Serviced Mortgage
               Loans.......................................................

                                   ARTICLE VII

                                     DEFAULT

Section 7.01  Events of Default............................................
Section 7.02  Trustee to Act; Appointment of Successor.....................
Section 7.03  Notification to Certificateholders and Other Persons.........
Section 7.04  Other Remedies of Trustee....................................
Section 7.05  Waiver of Past Events of Default; Termination................
Section 7.06  Trustee as Maker of Advances.................................

                                  ARTICLE VIII

                             CONCERNING THE TRUSTEE

Section 8.01  Duties of Trustee and the Bond Administrator.................
Section 8.02  Certain Matters Affecting the Trustee and the Bond
               Administrator...............................................
Section 8.03  Trustee and Bond Administrator Not Liable for
               Certificates or Mortgage Loans..............................
Section 8.04  Trustee and Bond Administrator May Own Certificates..........
Section 8.05  Payment of Trustee's and Bond Administrator's Fees and
               Expenses; Indemnification...................................
Section 8.06  Eligibility Requirements for Trustee and Bond
               Administrator...............................................
Section 8.07  Resignation and Removal of the Trustee or Bond
               Administrator...............................................
Section 8.08  Successor Trustee or Bond Administrator......................
Section 8.09  Merger or Consolidation of Trustee or Bond Administrator.....
Section 8.10  Appointment of Co-Trustee or Separate Trustee................

                                   ARTICLE IX

                                   TERMINATION

Section 9.01  Termination..................................................

                                    ARTICLE X

                            MISCELLANEOUS PROVISIONS

Section 10.01 Counterparts.................................................
Section 10.02 Limitation on Rights of Certificateholders...................
Section 10.03 Governing Law................................................
Section 10.04 Notices......................................................
Section 10.05 Severability of Provisions...................................
Section 10.06 Notice to the Depositor and Each Rating Agency...............
Section 10.07 Amendment....................................................
Section 10.08 Confirmation of Intent.......................................
Section 10.09 No Intended Third-Party Beneficiaries........................
Section 10.10 [Reserved.]..................................................
Section 10.11 Entire Agreement.............................................
Section 10.12 Third Party Beneficiaries....................................

<PAGE>

                                TABLE OF EXHIBITS

Exhibit A-1       Form of Class A-1 Certificate
Exhibit A-2       Form of Class A-2 Certificate
Exhibit A-3       Form of Class A-3 Certificate
Exhibit A-4       Form of Class A-4 Certificate
Exhibit A-5       Form of Class X-1 Certificate
Exhibit A-6       Form of Class X-2 Certificate
Exhibit A-7       Form of Class B Certificate
Exhibit A-8       Form of Class C Certificate
Exhibit A-9       Form of Class D Certificate
Exhibit A-10      Form of Class E Certificate
Exhibit A-11      Form of Class F Certificate
Exhibit A-12      Form of Class G Certificate
Exhibit A-13      Form of Class H Certificate
Exhibit A-14      Form of Class J Certificate
Exhibit A-15      Form of Class K Certificate
Exhibit A-16      Form of Class L Certificate
Exhibit A-17      Form of Class M Certificate
Exhibit A-18      Form of Class N Certificate
Exhibit A-19      Form of Class O Certificate
Exhibit A-20      Form of Class P Certificate
Exhibit A-21      Form of Class R Certificate
Exhibit A-22      Form of Class LR Certificate
Exhibit B-1       Mortgage Loan Schedule
Exhibit B-2       Servicing Fee Rate Schedule
Exhibit C-1       Form of Transferee Affidavit
Exhibit C-2       Form of Transferor Letter
Exhibit D-1       Form of Investment Representation Letter
Exhibit D-2       Form of ERISA Representation Letter
Exhibit E         Form of Request for Release
Exhibit F         Securities Legend
Exhibit G         Form of Regulation S Transfer Certificate
Exhibit H         Form of Transfer Certificate for Exchange or Transfer from
                  Rule 144A Global Certificate to Regulation S Global
                  Certificate during the Restricted Period
Exhibit I         Form of Transfer Certificate for Exchange or Transfer from
                  Rule 144A Global Certificate to Regulation S Global
                  Certificate after the Restricted Period
Exhibit J         Form of Transfer Certificate for Exchange or Transfer from
                  Regulation S Global Certificate to Rule 144A Global
                  Certificate
Exhibit K         Form of Distribution Date Statement
Exhibit L         Form of Investor Certification
Exhibit M         [Reserved]
Exhibit N         Form of Purchase Option Notice
Exhibit O         Form of Bond Administrator Backup Certification
Exhibit P         Form of Servicer Backup Certification
Exhibit Q         Form of Special Servicer Backup Certification
Exhibit R         Form of Notification from Custodian
Exhibit S-1       Form of Closing Date Trustee Certification
Exhibit S-2       Form of Post-Closing Trustee Certification
Exhibit T         Form of Monthly Additional Report on Recoveries and
                  Reimbursements
Exhibit U         Form of Notice to the Trustee, the Bond Administrator and
                  S&P from the Servicer Regarding Defeasance of a Mortgage
                  Loan
Exhibit V         Form of Notice from the Trustee Regarding the AFR/Bank of
                  America Portfolio Mortgage Loan and the Meadows Mall
                  Mortgage Loan

                               TABLE OF SCHEDULES

Schedule 1        Rates to be Used in Determining the Class X-1 and Class X-2
                  Pass-Through Rates

<PAGE>

            Pooling and Servicing Agreement, dated as of March 1, 2004, among
Deutsche Mortgage & Asset Receiving Corporation, as Depositor, GMAC Commercial
Mortgage Corporation, as Servicer, Lennar Partners, Inc., as initial Special
Servicer, Wells Fargo Bank, N.A., as Trustee and LaSalle Bank National
Association, as Bond Administrator and Paying Agent.

                             PRELIMINARY STATEMENT:

      (Terms used but not defined in this Preliminary Statement shall have
                   the meanings specified in Article I hereof)

            The Depositor intends to sell pass-through certificates to be issued
hereunder in multiple Classes which in the aggregate will evidence the entire
beneficial ownership interest in the Trust Fund consisting primarily of the
Mortgage Loans. As provided herein, the Bond Administrator will elect or will
cause an election to be made to treat the AFR/Bank of America Portfolio Mortgage
Loan (the "Loan REMIC Loan") (and certain other related assets) as a separate
REMIC (the "Loan REMIC") pursuant to the REMIC Declaration dated December 18,
2003 (the "Loan REMIC Declaration"). The Loan REMIC has issued one
uncertificated Class of regular interests (the "Loan REMIC Regular Interest") to
be held by the Lower-Tier REMIC and one uncertificated Class of residual
interest (the "Loan REMIC Residual Interest"), which will be represented by the
Class LR Certificates.

            The Lower-Tier REMIC will hold the Majority Mortgage Loans, the Loan
REMIC Regular Interest and certain other related assets subject to this
Agreement, and will issue (i) the uncertificated Class A-1L-1, Class A-1L-2,
Class A-1L-3, Class A-1L-4, Class A-2L-1, Class A-2L-2, Class A-2L-3, Class
A-2L-4, Class A-2L-5, Class A-3L-1, Class A-3L-2, Class A-3L-3, Class A-3L-4,
Class A-3L-5, Class A-4L-1, Class A-4L-2, Class A-4L-3, Class B-L, Class C-L,
Class D-L-1, Class D-L-2, Class D-L-3, Class E-L-1, Class E-L-2, Class E-L-3,
Class F-L-1, Class F-L-2, Class G-L-1, Class G-L-2, Class G-L-3, Class H-L-1,
Class H-L-2, Class J-L-1, Class J-L-2, Class K-L-1, Class K-L-2, Class L-L,
Class M-L, Class N-L, Class O-L and Class P-L Interests (the "Lower-Tier Regular
Interests"), as classes of regular interests in the Lower-Tier REMIC, and (ii)
the Class LR Certificates, which will represent the sole class of residual
interests in the Lower-Tier REMIC and the Loan REMIC Residual Interest, within
the meaning of the REMIC Provisions.

            The Upper-Tier REMIC will hold the Lower-Tier Regular Interests and
certain other related assets subject to this Agreement and will issue 20 Classes
of regular interests in the Upper-Tier REMIC. The Class A-1, Class A-2, Class
A-3, Class A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class
F, Class G, Class H, Class J, Class K, Class L, Class M, Class N, Class O and
Class P Certificates (the "Regular Certificates") are designated as classes of
regular interests, and the Class R Certificates are designated as the sole class
of residual interests, in the Upper-Tier REMIC.

            The portion of the Trust Fund consisting of the Loan REMIC Residual
Interest and the proceeds thereof will be treated as a grantor trust (the
"Grantor Trust") for federal income tax purposes. The Class LR Certificates will
represent the sole interests in the Grantor Trust for federal income tax
purposes and the pro rata undivided beneficial interests in the portion of the
Trust Fund consisting of the Loan REMIC Residual Interest.

            The Mortgaged Property that secures the Mortgage Loan identified as
Loan No. 1 on the Mortgage Loan Schedule (the "Tysons Corner Center Mortgage
Loan"), also secures three separate pari passu mortgage loans to the same
Borrower (together with any replacements therefor, the "Tysons Corner Center
Pari Passu Loans" or the "Serviced Companion Loans"). The Tysons Corner Center
Mortgage Loan and the Tysons Corner Center Pari Passu Loans are collectively
referred to herein as the "Tysons Corner Center Whole Loan" or the "Serviced
Whole Loan" and will be serviced pursuant to this Agreement and the Tysons
Corner Center Intercreditor Agreement, as and to the extent provided herein.
Amounts attributable to the Serviced Companion Loans will not be assets of the
Trust Fund or the Trust REMICs and will be beneficially owned by the respective
Serviced Companion Loan Noteholders.

            The Mortgaged Property that secures the Mortgage Loan identified as
Loan No. 2 on the Mortgage Loan Schedule (the "AFR/Bank of America Portfolio
Mortgage Loan"), also secures three separate pari passu mortgage loans to the
same Borrower (the "AFR/Bank of America Portfolio Pari Passu Loans" and together
with the AFR/Bank of America Portfolio Mortgage Loan, the "AFR/Bank of America
Portfolio Senior Loans") and one additional mortgage loan to the same Borrower
(the "AFR/Bank of America Portfolio B Loan" and together with the AFR/Bank of
America Portfolio Pari Passu Loans, the "AFR/Bank of America Portfolio Companion
Loans") which is subordinate to the AFR/Bank of America Portfolio Senior Loans.
One of the AFR/Bank of America Portfolio Pari Passu Loans and the AFR/Bank of
America Portfolio B Loan are owned by a trust fund established pursuant to a
Pooling and Servicing Agreement (the "GMACCM 2003-C3 Pooling and Servicing
Agreement"), dated as of December 1, 2003, among GMAC Commercial Mortgage
Securities, Inc., as depositor, GMAC Commercial Mortgage Corporation, as initial
master servicer (such master servicer or any successor thereto, the "GMACCM
2003-C3 Servicer"), Lennar Partners, Inc. as initial special servicer with
respect to all mortgage loans other than the AFR/Bank of America Portfolio Whole
Loan, Midland Loan Services, Inc. as initial special servicer with respect to
the AFR/Bank of America Portfolio Whole Loan (such initial special servicer or
any successor thereto, the "GMACCM 2003-C3 Special Servicer"), LaSalle Bank
National Association, as the initial trustee (such trustee or any successor
thereto, the "GMACCM 2003-C3 Trustee") and ABN AMRO Bank N.V., as initial fiscal
agent (such fiscal agent or any successor thereto, the "GMACCM 2003-C3 Fiscal
Agent"). The AFR/Bank of America Portfolio Mortgage Loan and the AFR/Bank of
America Portfolio Companion Loans are collectively referred to herein as the
"AFR/Bank of America Portfolio Whole Loan" and will be serviced pursuant to the
GMACCM 2003-C3 Pooling and Servicing Agreement, the AFR/Bank of America
Portfolio A Notes Intercreditor Agreement and the AFR/Bank of America Portfolio
Agreement Among Noteholders.

            The Mortgaged Property that secures the Mortgage Loan identified as
Loan No. 4 on the Mortgage Loan Schedule (the "Meadows Mall Mortgage Loan"),
also secures one other pari passu mortgage loan to the same Borrower (the
"Meadows Mall Pari Passu Loan"). The Meadows Mall Pari Passu Loan is owned by a
trust fund established pursuant to a Pooling and Servicing Agreement (the
"Wachovia 2003-C9 Pooling and Servicing Agreement"), dated as of December 1,
2003, among Wachovia Commercial Mortgage Securities, Inc., as depositor,
Wachovia Bank, National Association, as initial master servicer (such master
servicer or any successor thereto, the "Wachovia 2003-C9 Servicer"), Lennar
Partners, Inc. as initial special servicer (such initial special servicer or any
successor thereto, the "Wachovia 2003-C9 Special Servicer") Wells Fargo Bank
Minnesota, N.A., as trustee (such initial trustee or any successor thereto, the
"Wachovia 2003-C9 Trustee") and LaSalle Bank National Association, as the
initial paying agent. The Meadows Mall Mortgage Loan and the Meadows Mall Pari
Passu Loan are collectively referred to herein as the "Meadows Mall Whole Loan"
and will be serviced pursuant to the Wachovia 2003-C9 Pooling and Servicing
Agreement and the Meadows Mall Intercreditor Agreement.

            The following table sets forth the Class or Component designation,
the corresponding Lower-Tier Regular Interest (the "Corresponding Lower-Tier
Regular Interest"), the Corresponding Components of the Class X Certificates,
and the aggregate initial Certificate Balance (or, with respect to the Class X-1
and Class X-2 Certificates, Notional Balance) for each Class of Certificates
comprising interests in the Upper-Tier REMIC.

                                   Corresponding   Original      Corresponding
                   Certificate      Lower-Tier    Lower-Tier       Components
 Corresponding      Balance or        Regular     Principal        of Class X
 Certificates    Notional Balance  Interests (1)   Balance       Certificates(1)
 ------------    ----------------  -------------  ------------   ---------------
Class A-1          $80,000,000     A-1L-1          $10,865,000      A-1L-1
                                   A-1L-2          $22,592,000      A-1L-2
                                   A-1L-3          $24,774,000      A-1L-3
                                   A-1L-4          $21,769,000      A-1L-4
Class A-2          $129,524,000    A-2L-1           $5,258,000      A-2L-1
                                   A-2L-2          $26,269,000      A-2L-2
                                   A-2L-3          $25,854,000      A-2L-3
                                   A-2L-4          $24,456,000      A-2L-4
                                   A-2L-5          $47,687,000      A-2L-5
Class A-3          $157,596,000    A-3L-1           $8,689,000      A-3L-1
                                   A-3L-2          $99,572,000      A-3L-2
                                   A-3L-3          $17,768,000      A-3L-3
                                   A-3L-4          $17,066,000      A-3L-4
                                   A-3L-5          $14,501,000      A-3L-5
Class A-4          $466,533,000    A-4L-1          $27,607,000      A-4L-1
                                   A-4L-2          $61,308,000      A-4L-2
                                   A-4L-3         $377,618,000      A-4L-3
Class X-1 (2)      $963,760,934                            N/A
Class X-2 (2)      $931,211,000                            N/A
Class B             $25,298,000    B-L             $25,298,000      B-L
Class C              $9,638,000    C-L              $9,638,000      C-L
Class D             $19,275,000    D-L-1            $5,047,000      D-L-1
                                   D-L-2            $4,833,000      D-L-2
                                   D-L-3            $9,395,000      D-L-3
Class E              $8,433,000    E-L-1            $2,722,000      E-L-1
                                   E-L-2            $5,491,000      E-L-2
                                   E-L-3              $220,000      E-L-3
Class F              $9,638,000    F-L-1            $6,651,000      F-L-1
                                   F-L-2            $2,987,000      F-L-2
Class G             $10,842,000     G-L-1           $3,147,000      G-L-1
                                   G-L-2            $7,511,000      G-L-2
                                   G-L-3              $184,000      G-L-3
Class H             $10,842,000     H-L-1           $6,161,000      H-L-1
                                   H-L-2            $4,681,000      H-L-2
Class J              $4,819,000      J-L-1          $2,824,000      J-L-1
                                   J-L-2            $1,995,000      J-L-2
Class K              $6,024,000      K-L-1            $381,000      K-L-1
                                   K-L-2            $5,643,000      K-L-2
Class L              $3,614,000      L-L            $3,614,000      L-L
Class M              $4,819,000      M-L            $4,819,000      M-L
Class N              $2,409,000      N-L            $2,409,000      N-L
Class O              $1,205,000      O-L            $1,205,000      O-L
Class P             $13,251,934     P-L            $13,251,934      P-L

------------

(1)The Lower-Tier Regular Interests and the Components of the Class X
   Certificates that correspond to any particular Class of Certificates also
   correspond to each other and, accordingly, constitute the "Corresponding
   Lower-Tier Regular Interest" and the "Corresponding Components,"
   respectively, with respect to each other.

(2)The initial Notional Balance of the Class X-1 Certificates is equal to the
   aggregate of the Notional Amounts of the Components as of the Closing Date;
   the initial Notional Balance of the Class X-2 Certificates is equal to the
   aggregate of the Notional Amounts of the Class X-2 Components as of the
   Closing Date.

            The initial Certificate Balance of each of the Class R and Class LR
Certificates is zero. Additionally, the Class R and Class LR Certificates do not
have a Notional Balance. The Certificate Balance of any Class of Certificates
outstanding at any time represents the maximum amount which holders thereof are
entitled to receive as distributions allocable to principal from the cash flow
on the Mortgage Loans and the other assets in the Trust Fund; provided, however,
that in the event that amounts previously allocated as Realized Losses to a
Class of Certificates in reduction of the Certificate Balance thereof are
subsequently recovered (including without limitation after the reduction of the
Certificate Balance of such Class to zero), such Class may receive distributions
in respect of such recoveries in accordance with the priorities set forth in
Section 4.01.

            The initial Loan REMIC Balance and interest rate for the Loan REMIC
Regular Interest is set forth in the Loan REMIC Declaration. The initial
Lower-Tier Balances and Pass-Through Rates for the Lower-Tier Regular Interests
are set forth in the definitions of such terms.

            As of the Cut-off Date, the Mortgage Loans have an aggregate Stated
Principal Balance equal to approximately $963,760,935.

            In consideration of the mutual agreements herein contained, the
Depositor, the Servicer, the Special Servicer, the Trustee, the Bond
Administrator and the other parties hereto hereby agree as follows:

                                   ARTICLE I

                                   DEFINITIONS

            Section 1.01 Defined Terms. Whenever used in this Agreement, the
following words and phrases, unless the context otherwise requires, shall have
the meanings specified in this Article.

            "ABN AMRO Bank": ABN AMRO Bank N.V., Chicago Branch, in its capacity
as a Mortgage Loan Seller, and its successors.

            "ABN AMRO Bank Purchase Agreement": The Mortgage Loan Purchase
Agreement dated and effective March 17, 2004, between ABN AMRO Bank and the
Depositor.

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

            "Actual/360 Mortgage Loans": The Mortgage Loans indicated as such in
the Mortgage Loan Schedule and any related Serviced Companion Loan.

            "Additional Trust Fund Expense": Any expense incurred with respect
to the Trust Fund and not otherwise included in the calculation of a Realized
Loss that would result in the Holders of Regular Certificates receiving less
than the full amount of principal and/or the Interest Accrual Amount to which
they are entitled on any Distribution Date.

            "Advance": Any P&I Advance or Property Advance.

            "Advance Interest Amount": Interest at the Advance Rate on the
aggregate amount of P&I Advances and Property Advances for which the Servicer,
the Special Servicer or the Trustee, as applicable, has not been reimbursed and
on Servicing Fees, Trustee Fees or Special Servicing Compensation for which the
Servicer, the Trustee, the Bond Administrator or the Special Servicer, as
applicable, has not been timely paid or reimbursed for the number of days from
the date on which such Advance was made or such Servicing Fees, Trustee Fees or
Special Servicing Compensation were due to the date of payment or reimbursement
of the related Advance or other such amount, less any amount of interest
previously paid on such Advance or Servicing Fees, Trustee Fees or Special
Servicing Compensation; provided, that if, during any Collection Period in which
an Advance was made, the related Borrower makes payment of an amount in respect
of which such Advance was made with interest at the Default Rate, the Advance
Interest Amount payable to the Servicer or the Trustee shall be paid first from
the amount of Default Interest on the related Mortgage Loan by such Borrower,
second, from late payment fees on the related Mortgage Loan by the related
Borrower, and third, upon determining in good faith that such Advance Interest
Amount is not recoverable from the amounts described in first or second, from
other amounts on deposit in the Collection Account.

            "Advance Rate": A per annum rate equal to the Prime Rate (as most
recently published in the "Money Rates" section of The Wall Street Journal, New
York edition, on or before the related Record Date). Interest at the Advance
Rate will accrue from (and including) the date on which the related Advance is
made or the related expense incurred to (but excluding) the date on which such
amounts are recovered out of amounts received on the Mortgage Loan as to which
such Advances were made or servicing expenses incurred or the first Servicer
Remittance Date after a determination of non-recoverability, as the case may be,
is made, provided that such interest at the Advance Rate will continue to accrue
to the extent funds are not available in the Collection Account for such
reimbursement of such Advance. Notwithstanding the foregoing, with respect to
any Mortgage Loan that has a grace period that expires after the Determination
Date, such interest shall not begin to accrue until the day succeeding the
expiration date of such grace period.

            "Affiliate": With respect to any specified Person, any other Person
controlling or controlled by or under common control with such specified Person.
For the purposes of this definition, "control" when used with respect to any
specified Person means the power to direct the management and policies of such
Person, directly or indirectly, whether through the ownership of voting
securities, by contract or otherwise, and the terms "controlling" and
"controlled" have meanings correlative to the foregoing. The Bond Administrator
may obtain and together with the Trustee, may rely on an Officers' Certificate
of the Servicer, the Special Servicer or the Depositor to determine whether any
Person is an Affiliate of such party.

            "Affiliated Person": Any Person (other than a Rating Agency)
involved in the organization or operation of the Depositor or an affiliate, as
defined in Rule 405 of the Act, of such Person.

            "AFR/Bank of America Portfolio A Notes Intercreditor Agreement":
With respect to the AFR/Bank of America Portfolio Mortgage Loan and the AFR/Bank
of America Portfolio Pari Passu Loans, that certain intercreditor agreement,
dated as December 18, 2003, by and among the initial holder of the AFR/Bank of
America Portfolio Mortgage Loan and the initial holder of the AFR/Bank of
America Portfolio Pari Passu Loans, as from time to time amended, modified or
supplemented.

            "AFR/Bank of America Portfolio A-1 Note": With respect to the
AFR/Bank of America Portfolio Whole Loan, the related promissory note in the
original principal amount of $100,000,000, which is senior in right of payment
to the AFR/Bank of America Portfolio B Loan and pari passu in right of payment
to the AFR/Bank of America Portfolio Mortgage Loan, the AFR/Bank of America
Portfolio A-2 Note and the AFR/Bank of America Portfolio A-4 Note, as from time
to time amended, supplemented or modified, and any replacements therefor.

            "AFR/Bank of America Portfolio A-1 Note Controlling Class
Representative": As defined in Section 3.18(l)(i).

            "AFR/Bank of America Portfolio A-2 Note": With respect to the
AFR/Bank of America Portfolio Whole Loan, the related promissory note in the
original principal amount of $75,000,000, which is senior in right of payment to
the AFR/Bank of America Portfolio B Loan and pari passu in right of payment to
the AFR/Bank of America Portfolio Mortgage Loan, the AFR/Bank of America
Portfolio A-1 Note and the AFR/Bank of America Portfolio A-4 Note, as from time
to time amended, supplemented or modified, and any replacements therefor.

            "AFR/Bank of America Portfolio A-4 Note": With respect to the
AFR/Bank of America Portfolio Whole Loan, the related promissory note in the
original principal amount of $80,000,000, which is senior in right of payment to
the AFR/Bank of America Portfolio B Loan and pari passu in right of payment to
the AFR/Bank of America Portfolio Mortgage Loan, the AFR/Bank of America
Portfolio A-1 Note and the AFR/Bank of America Portfolio A-2 Note, as from time
to time amended, supplemented or modified, and any replacements therefor.

            "AFR/Bank of America Portfolio Agreement Among Noteholders": With
respect to the AFR/Bank of America Portfolio Senior Loans and the AFR/Bank of
America Portfolio B Loan, that certain agreement among note holders, dated as of
December 18, 2003, by and between the initial holders of the AFR/Bank of America
Portfolio Senior Loans and the AFR/Bank of America Portfolio B Loan, as from
time to time amended, modified or supplemented including without limitation by
the AFR/Bank of America Portfolio Waiver Letter.

            "AFR/Bank  of America  Portfolio B Loan":  As defined in the
preliminary statement herein.

            "AFR/Bank  of  America  Portfolio  B Loan  Noteholder":  The
holder of the promissory note for the AFR/Bank of America Portfolio B Loan.

            "AFR/Bank  of  America   Portfolio   Co-Lender   Agreement":
Collectively,   the  AFR/Bank  of  America  Portfolio  A  Notes  Intercreditor
Agreement and the AFR/Bank of America Portfolio Agreement Among Noteholders.

            "AFR/Bank of America Portfolio Companion Loan Noteholders": The
holders of the promissory notes for the AFR/Bank of America Portfolio Companion
Loans.

            "AFR/Bank of America Portfolio Companion Loans": As defined in the
preliminary statement herein.

            "AFR/Bank of America Portfolio Mortgage Loan": As defined in the
preliminary statement herein.

            "AFR/Bank of America Portfolio Nonrecoverable Servicing Advance":
Any "Nonrecoverable Servicing Advance" (as defined in the GMACCM 2003-C3 Pooling
and Servicing Agreement) made with respect to the AFR/Bank of America Portfolio
Mortgage Loan pursuant to and in accordance with the GMACCM 2003-C3 Pooling and
Servicing Agreement.

            "AFR/Bank of America Portfolio Pari Passu Loans": As defined in the
preliminary statement herein.

            "AFR/Bank of America Portfolio Senior Loans": As defined in the
preliminary statement herein.

            "AFR/Bank of America Portfolio Service Providers": With respect to
each AFR/Bank of America Portfolio Companion Loan that has been deposited into a
securitization trust, the related trustee, master servicer, special servicer and
any other Person that makes principal and/or interest advances in respect of
such mortgage loan pursuant to the related pooling and servicing agreement.

            "AFR/Bank of America Portfolio Waiver Letter": The letter agreement
dated as of January 30, 2004, by the beneficial owners of certain Classes (or
portions thereof) of Class S-AFR Certificates, which represent certain
certificated beneficial ownership interests in the AFR/Bank of America Portfolio
B Loan and issued pursuant to the GMACCM 2003-C3 Pooling and Servicing
Agreement, notifying the GMACCM 2003-C3 Trustee that each such owner has waived
its respective rights under Section 3.18(b) of the GMACCM 2003-C3 Pooling and
Servicing Agreement and Section 11(c) of the AFR/Bank of America Portfolio
Agreement Among Noteholders to exercise the purchase options described therein
with respect to any or all of the AFR/Bank of America Portfolio Pari Passu
Loans. The Directing Certificateholder is a third-party beneficiary of such
letter agreement.

            "AFR/Bank of America Portfolio Whole Loan": As defined in the
preliminary statement herein.

            "Agent Member": Members of, or Depository Participants in, the
Depository.

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

            "Allocated  Loan  Amount":  With  respect to each  Mortgaged
Property, the portion of the principal amount of the related Mortgage Loan
allocated to such Mortgaged Property in the applicable Mortgage, Loan Agreement
or the Mortgage Loan Schedule.

            "Annual Compliance Report": A report consisting of an annual
statement of compliance required by Section 3.14 hereof and an annual report of
an Independent accountant required pursuant to Section 3.15 hereof

            "Anticipated  Termination  Date": Any  Distribution  Date on
which it is  anticipated  that the Trust Fund will be  terminated  pursuant to
Section 9.01(c).

            "Applicable Monthly Payment": As defined in Section 4.06(a).

            "Applicable Procedures": As defined in Section 5.02(c)(ii).

            "Applicable State and Local Tax Law": For purposes hereof, the
Applicable State and Local Tax Law shall be such state or local tax laws whose
applicability shall have been brought to the attention of the Bond Administrator
by either (i) an opinion of counsel delivered to it, or (ii) written notice from
the appropriate taxing authority as to the applicability of such state or local
tax laws.

            "Appraisal":  An appraisal  prepared by an  Independent  MAI
appraiser  with at least five years  experience in properties of like kind and
in the same area, prepared in accordance with 12 C.F.R. 225.64.

            "Appraisal Reduction Amount": For any Distribution Date and
for any Mortgage Loan (other than the Non-Serviced Mortgage Loans) or the
Serviced Whole Loan, an amount calculated by the Special Servicer by the first
Determination Date following the date the Special Servicer receives or performs
the required Appraisal equal to the excess, if any, of (a) the Stated Principal
Balance of such Mortgage Loan or Serviced Whole Loan over (b) the excess of (i)
90% of the sum of the appraised values (net of any prior mortgage liens but
including all escrows and reserves (other than escrows and reserves for taxes
and insurance)) of the related Mortgaged Properties as determined by Updated
Appraisals obtained by the Special Servicer (the costs of which shall be paid by
the Servicer or the Special Servicer, as applicable, as a Property Advance) of
the Mortgaged Properties securing such Mortgage Loan or Serviced Whole Loan (or,
in the case of Mortgage Loans or the Serviced Whole Loan having a Stated
Principal Balance under $2,000,000, 90% of the sum of the Small Loan Appraisal
Estimates of the related Mortgaged Properties (as described below)) over (ii)
the sum of (A) to the extent not previously advanced by the Servicer or the
Trustee, all unpaid interest on such Mortgage Loan or Serviced Whole Loan
(exclusive of Default Interest) at a per annum rate equal to the Mortgage Rate
(or with respect to the Serviced Whole Loan, the weighted average of the
Mortgage Rate for the related Mortgage Loan and Companion Loan), (B) all
unreimbursed Property Advances and the principal portion of all unreimbursed P&I
Advances, and all unpaid interest on Advances at the Advance Rate, in respect of
such Mortgage Loan or the Serviced Whole Loan, (C) any other unpaid Additional
Trust Fund Expenses in respect of such Mortgage Loan or the Serviced Whole Loan,
and (D) all currently due and unpaid real estate taxes, ground rents and
assessments and insurance premiums (net of any escrows and reserves therefor)
and all other amounts due and unpaid with respect to such Mortgage Loan or the
Serviced Whole Loan (which taxes, premiums (net of any escrows and reserves
therefor) and other amounts have not been the subject of an Advance by the
Servicer, the Special Servicer or the Trustee, as applicable); provided,
however, without limiting the Special Servicer's obligation to order and obtain
such Appraisal, if the Special Servicer has not obtained the Updated Appraisal
or Small Loan Appraisal Estimate, as applicable, referred to above within 90
days of the Appraisal Reduction Event, the Appraisal Reduction Amount shall be
deemed to be an amount equal to 25% of the current Stated Principal Balance of
the related Mortgage Loan or Serviced Whole Loan until such time as such Updated
Appraisal or Small Loan Appraisal Estimate referred to above is received and the
Appraisal Reduction Amount is calculated. Within 60 days (or in the case of an
Appraisal Reduction Event occurring by reason of clause (ii) of the definition
thereof, 30 days) after the Appraisal Reduction Event (A) with respect to
Mortgage Loans (other than the Non-Serviced Mortgage Loans) or the Serviced
Whole Loan having a Stated Principal Balance of $2,000,000 or higher, the
Special Servicer shall obtain an Updated Appraisal or (B) with respect to
Mortgage Loans (other than the Non-Serviced Mortgage Loans) or the Serviced
Whole Loan having a Stated Principal Balance of less than $2,000,000, the
Special Servicer, at its option, shall (i) provide a Small Loan Appraisal
Estimate within the same time period as an Appraisal would otherwise be required
and such Small Loan Appraisal Estimate shall be used in lieu of an Appraisal to
calculate the Appraisal Reduction Amount for such Mortgage Loans or Serviced
Whole Loan; or (ii) with the consent of the Controlling Holder, obtain an
Updated Appraisal. On the first Distribution Date occurring on or after the
delivery of such Updated Appraisal, the Servicer shall adjust the Appraisal
Reduction Amount to take into account such Updated Appraisal (regardless of
whether the Updated Appraisal is higher or lower than the Small Loan Appraisal
Estimate). Each Appraisal Reduction Amount shall also be adjusted to take into
account any subsequent Small Loan Appraisal Estimate or Updated Appraisal, as
applicable, and any annual letter updates, as of the date of each such
subsequent Small Loan Appraisal Estimate, Updated Appraisal or letter update, as
applicable. With respect to each Mortgage Loan that is cross-collateralized with
any other Mortgage Loan, the value of each Mortgaged Property that is security
for each Mortgage Loan in such cross-collateralized group, as well as the
outstanding amounts under each such Mortgage Loan shall be taken into account
when calculating such Appraisal Reduction Amount.

            At any time that an Appraisal Reduction Amount exists with respect
to any Mortgage Loan (other than a Non-Serviced Mortgage Loan), the Controlling
Holder may, at its own expense, obtain and deliver to the Servicer, the Special
Servicer and the Trustee an Appraisal that satisfies the requirements of an
"Updated Appraisal," and upon the written request of the Controlling Holder, the
Special Servicer shall, subject to the Servicing Standard, recalculate the
Appraisal Reduction Amount in respect of such Mortgage Loan or the Serviced
Whole Loan based on such Appraisal and shall notify the Trustee, the Servicer
and the Controlling Holder of such recalculated Appraisal Reduction Amount.

            Notwithstanding anything herein to the contrary, (a) the aggregate
Appraisal Reduction Amount related to a Mortgage Loan (other than a Non-Serviced
Mortgage Loan) or the Serviced Whole Loan or the related REO Property will be
reduced to zero as of the date the related Mortgage Loan or Serviced Whole Loan
is paid in full, liquidated, repurchased or otherwise removed from the Trust
Fund and (b) except as otherwise expressly noted, the terms of this definition
of "Appraisal Reduction" shall not be applicable to the Non-Serviced Whole
Loans.

            The Serviced Whole Loan will be treated as a single mortgage loan
for purposes of calculating an Appraisal Reduction Amount with respect to the
mortgage loans that comprise such Serviced Whole Loan. Any Appraisal Reduction
Amount in respect of the AFR/Bank of America Portfolio Mortgage shall be
calculated by the GMACCM 2003-C3 Servicer in accordance with and pursuant to the
terms of the GMACCM 2003-C3 Pooling and Servicing Agreement. Any Appraisal
Reduction Amount in respect of the Meadows Mall Mortgage Loan shall be
calculated by the Wachovia 2003-C9 Servicer in accordance with and pursuant to
the terms of the Wachovia 2003-C9 Pooling and Servicing Agreement.

            "Appraisal Reduction Event": With respect to any Mortgage Loan
(other than the Non-Serviced Mortgage Loans) or Serviced Whole Loan, the first
Distribution Date following the earliest of (i) the date on which such Mortgage
Loan or Serviced Whole Loan becomes a Modified Mortgage Loan, (ii) the 90th day
following the occurrence of any uncured delinquency in Monthly Payments with
respect to such Mortgage Loan or Serviced Whole Loan, (iii) receipt of notice
that the related Borrower has filed a bankruptcy petition or the date on which a
receiver is appointed and continues in such capacity in respect of a Mortgaged
Property securing any Mortgage Loan or Serviced Whole Loan or 60 days after the
Borrower becomes the subject of involuntary bankruptcy proceedings and such
proceedings are not dismissed, (iv) the date on which the Mortgaged Property
securing any Mortgage Loan or Serviced Whole Loan becomes an REO Property, (v)
60 days after the third anniversary of any extension of a Mortgage Loan or the
Serviced Whole Loan and (vi) the 30th day (as may be extended by the Special
Servicer, with the consent of the Controlling Holder, to the 60th day) following
the occurrence of any uncured delinquency with respect to a Balloon Payment on a
Balloon Loan, unless (a) within 30 days after such delinquency, the related
Borrower delivers a statement to the effect that it is diligently pursuing
refinancing and (b) within 90 days (as may be extended by the Special Servicer,
with the consent of the Controlling Holder, to 120 days) after such delinquency,
the related Borrower delivers a binding financing commitment reasonably
acceptable to the Special Servicer and the Controlling Holder. The Special
Servicer shall notify the Servicer promptly upon the occurrence of any of the
foregoing events with respect to any Specially Serviced Loan.

            "Approval Report":  As defined in Section 3.27.

            "Asset Status Report":  As defined in Section 3.26(f).

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

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

            "Assumed Scheduled Payment": With respect to any Mortgage Loan that
is delinquent in respect of its Balloon Payment (including any REO Loan as to
which the Balloon Payment would have been past due), an amount equal to the sum
of (a) the principal portion of the Monthly Payment that would have been due on
such Mortgage Loan on the related Due Date (or portion thereof not received),
based on the constant Monthly Payment that would have been due on such Mortgage
Loan on the related Due Date based on the constant payment required by the
related Note or the amortization or payment schedule thereof (as calculated with
interest at the related Mortgage Rate) (if any), assuming such Balloon Payment
had not become due, after giving effect to any prior modification, and (b)
interest at the applicable Net Mortgage Pass-Through Rate.

            "Assumption Fees": Any fees collected by the Servicer or Special
Servicer in connection with an assumption or modification of a Mortgage Loan or
the Serviced Whole Loan or substitution of a Borrower (or an interest therein)
thereunder (in each case, as set forth in the related Loan Documents) permitted
to be executed under the provisions of this Agreement.

            "Authenticating Agent": Any authenticating agent appointed by the
Bond Administrator pursuant to Section 3.20.

            "Available Funds": For a Distribution Date, the sum of (i) all
previously undistributed Monthly Payments or other receipts on account of
principal and interest (including Unscheduled Payments and any Net REO Proceeds,
if any, transferred from an REO Account pursuant to Section 3.17(b), but
excluding any Excess Liquidation Proceeds) on or in respect of the Mortgage
Loans, received by or on behalf of the Servicer in the Collection Period
relating to such Distribution Date, (ii) all P&I Advances made by the Servicer
or the Trustee, as applicable, in respect of such Distribution Date, (iii) all
other amounts received by the Servicer in such Collection Period and required to
be placed in the Collection Account by the Servicer pursuant to Section 3.05
allocable to such Mortgage Loans, (iv) without duplication, any late Monthly
Payments on or in respect of the Mortgage Loans received after the end of the
Collection Period relating to such Distribution Date but prior to the close of
business on the Business Day prior to the related Servicer Remittance Date, (v)
any Servicer Prepayment Interest Shortfalls remitted by the Servicer to the
Collection Account and (vi) with respect to the Distribution Date in March of
each calendar year, the Withheld Amounts deposited in the Interest Reserve
Account by the Bond Administrator in accordance with Section 3.05(d), but
excluding the following:

            (a) amounts permitted to be used to reimburse the Servicer, the
      Special Servicer or the Trustee, as applicable, for previously
      unreimbursed Advances and interest thereon as described in Section
      3.06(d)(ii) and 3.06(d)(iii);

            (b) those portions of each payment of interest which represent the
      applicable Servicing Fee and Trustee Fee and an amount representing any
      applicable Special Servicing Compensation, including interest thereon at
      the Advance Rate as provided in this Agreement;

            (c) all amounts in the nature of late payment fees (to the extent
      not applied to the reimbursement of the Advance Interest Amount and/or
      Additional Trust Fund Expenses as provided in Section 3.06 hereof), Net
      Prepayment Interest Excess, Net Default Interest, extension fees, loan
      service transaction fees, demand fees, beneficiary statement charges,
      Assumption Fees and similar fees, which the Servicer or the Special
      Servicer is entitled to retain as Servicing Compensation or Special
      Servicing Compensation, respectively;

            (d) all amounts representing scheduled Monthly Payments due after
      the related Due Date;

            (e) that portion of Net Liquidation Proceeds, Net Insurance Proceeds
      and Net Condemnation Proceeds with respect to a Mortgage Loan which
      represents any unpaid Servicing Fee, Trustee Fee (including the Bond
      Administrator Fee) and Special Servicing Compensation, including interest
      thereon at the Advance Rate as provided in this Agreement, to which the
      Servicer, any subservicer, Trustee, the Bond Administrator and/or the
      Special Servicer are entitled;

            (f) all amounts representing certain expenses reimbursable or
      payable to the Servicer, the Special Servicer, the Bond Administrator or
      the Trustee and other amounts permitted to be retained by the Servicer or
      withdrawn by the Servicer from the Collection Account to the extent
      expressly set forth in this Agreement (including, without limitation, as
      provided in Section 3.06 and including any indemnities provided for
      herein), including interest thereon as expressly provided in this
      Agreement;

            (g) any interest or investment income on funds on deposit in the
      Collection Account, the Distribution Accounts or any REO Account or, to
      the extent payable to the Bond Administrator or the Servicer under the
      terms of the related Mortgage Loan, any Cash Collateral Account, any
      Lock-Box Account or any Reserve Account or, in each case, any interest on
      Permitted Investments in which such funds may be invested;

            (h) all amounts received with respect to each Mortgage Loan
      previously purchased or repurchased from the Trust Fund pursuant to
      Sections 2.03(d), 3.18 or 9.01 during the related Collection Period and
      subsequent to the date as of which such Mortgage Loan was purchased or
      repurchased;

            (i) the amount reasonably determined by the Bond Administrator to be
      necessary to pay any applicable federal, state or local taxes imposed on
      the Upper-Tier REMIC, the Lower-Tier REMIC or the Loan REMIC under the
      circumstances and to the extent described in Section 4.05;

            (j) Prepayment Premiums and Yield Maintenance Charges; and

            (k) with respect to the Distribution Date occurring in (A) January
      of each calendar year that is not a leap year and (B) February of each
      calendar year, in each case, unless such Distribution Date is the final
      Distribution Date, the Withheld Amounts deposited in the Interest Reserve
      Account by the Bond Administrator in accordance with Section 3.05(d).

            "B Loan": The AFR/Bank of America Portfolio B Loan.

            "Balloon Loan": Any Mortgage Loan or Serviced Whole Loan that
requires a payment of principal on the maturity date in excess of its constant
Monthly Payment.

            "Balloon  Payment":  With respect to each  Mortgage  Loan or
Serviced  Whole Loan,  the scheduled  payment of principal due on the Maturity
Date (less  principal  included  in the  applicable  amortization  schedule or
scheduled Monthly Payment).

            "Beneficial Owner": With respect to a Global Certificate, the Person
who is the beneficial owner of such Certificate as reflected on the books of the
Depository or on the books of a Person maintaining an account with such
Depository (directly as a Depository Participant or indirectly through a
Depository Participant, in accordance with the rules of such Depository) with
respect to such Classes. Each of the Trustee, the Bond Administrator and the
Servicer shall have the right to require, as a condition to acknowledging the
status of any Person as a Beneficial Owner under this Agreement, that such
Person provide evidence at its expense of its status as a Beneficial Owner
hereunder.

            "Bond  Administrator":  LaSalle Bank  National  Association,
and its successor in interest.

            "Bond  Administrator  Fee":  The  portion of the Trustee Fee
calculated  at a rate  equal  to  0.00066%  per  annum  payable  to  the  Bond
Administrator pursuant to the terms hereof.

            "Borrower":  With respect to any  Mortgage  Loan or Serviced
Whole Loan, any obligor or obligors on any related Note or Notes.

            "Borrower Account": As defined in Section 3.07(a).

            "Breach": As defined in Section 2.03(d).

            "Business Day": Any day other than (i) a Saturday or a Sunday, (ii)
a legal holiday in New York, New York, or the principal cities in which the
Servicer, Special Servicer, the Trustee or the Bond Administrator conducts
servicing or trust operations or (iii) a day on which banking institutions or
savings associations in New York, New York are authorized or obligated by law or
executive order to be closed.

            "Calculated Payments": As defined in Section 2.03(d).

            "Cash Collateral Account": With respect to any Mortgage Loan or
Serviced Whole Loan that has a Lock-Box Account, any account or accounts created
pursuant to the related Mortgage, Loan Agreement, Cash Collateral Account
Agreement or other Loan Document into which the Lock-Box Account monies are
swept on a regular basis for the benefit of the Trustee as successor to the
Mortgage Loan Sellers. Any Cash Collateral Account shall be beneficially owned
for federal income tax purposes by the Person who is entitled to receive all
reinvestment income or gain thereon in accordance with the terms and provisions
of the related Mortgage Loan and Section 3.07, which Person shall be taxed on
all reinvestment income or gain thereon in accordance with the terms of the
related Mortgage Loan or Serviced Whole Loan. The Servicer shall be permitted to
make withdrawals therefrom for deposit into the Collection Account or the
Serviced Whole Loan Collection Account, as applicable. To the extent not
inconsistent with the terms of the related Mortgage, each such Cash Collateral
Account shall be an Eligible Account.

            "Cash Collateral Account Agreement": With respect to any Mortgage
Loan or Serviced Whole Loan, the cash collateral account agreement, if any,
between the related Originator and the related Borrower, pursuant to which the
related Cash Collateral Account, if any, may have been established.

            "Certificate": Any Class A-1, Class A-2, Class A-3, Class A-4, Class
X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G, Class H,
Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R or Class
LR Certificate issued, authenticated and delivered hereunder.

            "Certificate Balance": With respect to any Class of Certificates
(other than the Class X-1, Class X-2, Class R and Class LR Certificates) (a) on
or prior to the first Distribution Date, an amount equal to the aggregate
initial Certificate Balance of such Class, as specified in the Preliminary
Statement hereto, (b) as of any date of determination after the first
Distribution Date, the Certificate Balance of such Class of Certificates on the
Distribution Date immediately prior to such date of determination after
distributions and Realized Losses allocable to principal have been made thereon
on such prior Distribution Date

            "Certificate Custodian": Initially, the Bond Administrator;
thereafter, any other Certificate Custodian acceptable to the Depository and
selected by the Bond Administrator.

            "Certificate Register" and "Certificate Registrar": The register
maintained and the registrar appointed pursuant to Section 5.02.

            "Certificateholder": The Person whose name is registered in the
Certificate Register subject to the following:

            (a) except as provided in clauses (b) and (d), for the purpose of
      giving any consent or taking any action pursuant to this Agreement, any
      Certificate beneficially owned by the Depositor, the Servicer, the Special
      Servicer, the Trustee, the Bond Administrator, a Manager or a Borrower or
      any Person known to a Responsible Officer of the Certificate Registrar to
      be an Affiliate of any thereof shall be deemed not to be outstanding and
      the Voting Rights to which it is entitled shall not be taken into account
      in determining whether the requisite percentage of Voting Rights necessary
      to effect any such consent or take any such action has been obtained;

            (b) for purposes of obtaining the consent of Certificateholders to
      an amendment of this Agreement, any Certificates beneficially owned by the
      Servicer or the Special Servicer or an Affiliate thereof shall be deemed
      to be outstanding, unless such amendment relates to compensation of the
      Servicer or the Special Servicer or benefits the Servicer or the Special
      Servicer (in its capacity as such) or any Affiliate thereof (other than
      solely in its capacity as Certificateholder) in any material respect, in
      which case such Certificates shall be deemed not to be outstanding;

            (c) except as provided in clause (d) below, for purposes of
      obtaining the consent of Certificateholders to any action proposed to be
      taken by the Special Servicer with respect to a Specially Serviced Loan,
      any Certificates beneficially owned by the Special Servicer or an
      Affiliate thereof shall be deemed not to be outstanding;

            (d) for the purpose of exercising its rights as a member of the
      Controlling Class or as a Directing Certificateholder (if applicable), any
      Certificate beneficially owned by the Special Servicer or an Affiliate
      thereof will be deemed outstanding; and

            (e) for purposes of providing or distributing any reports,
      statements or other information required or permitted to be provided to a
      Certificateholder hereunder, a Certificateholder shall include any
      Beneficial Owner, or any Person identified by a Beneficial Owner as a
      prospective transferee of a Certificate beneficially owned by such
      Beneficial Owner, but only if the Bond Administrator or another party
      hereto furnishing such report, statement or information has been provided
      with the name of the Beneficial Owner of the related Certificate or the
      Person identified as a prospective transferee thereof. For purposes of the
      foregoing, the Depositor, the Servicer, the Special Servicer, the Trustee,
      the Bond Administrator, the Paying Agent or other such Person may rely,
      without limitation, on a Depository Participant listing from the
      Depository or statements furnished by a Person that on their face appear
      to be statements from a Depository Participant to such Person indicating
      that such Person beneficially owns Certificates.

            "Class": With respect to the Certificates or Lower-Tier Regular
Interests, all of the Certificates or Lower-Tier Regular Interests bearing the
same alphabetical and numerical Class designation.

            "Class A-1 Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-1 hereto.

            "Class A-1 Pass-Through Rate": A per annum rate equal to 2.964%.

            "Class  A-1L-1  Component":  One of the 41 Components of the
Class  X-1  Certificates  having a  Notional  Amount  equal to the  Lower-Tier
Balance of the Class A-1L-1 Interest.

            "Class  A-1L-1   Interest":   A  regular   interest  in  the
Lower-Tier REMIC entitled to monthly distributions payable thereto pursuant to
Section 4.01.

            "Class A-1L-2 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-1L-2 Interest.

            "Class A-1L-2 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-1L-3 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-1L-3 Interest.

            "Class  A-1L-3   Interest":   A  regular   interest  in  the
Lower-Tier REMIC entitled to monthly distributions payable thereto pursuant to
Section 4.01.

            "Class A-1L-4 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-1L-4 Interest.

            "Class A-1L-4 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-2 Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-2 hereto.

            "Class A-2 Pass-Through Rate": A per annum rate equal to 3.600%.

            "Class A-2L-1 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-2L-1 Interest.

            "Class A-2L-1 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-2L-2 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-2L-2 Interest.

            "Class A-2L-2 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-2L-3 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-2L-3 Interest.

            "Class A-2L-3 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-2L-4 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-2L-4 Interest.

            "Class A-2L-4 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-2L-5 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-2L-5 Interest.

            "Class A-2L-5 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-3 Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-3 hereto.

            "Class A-3 Pass-Through Rate": A per annum rate equal to 4.221%.

            "Class A-3L-1 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-3L-1 Interest.

            "Class A-3L-1 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-3L-2 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-3L-2 Interest.

            "Class A-3L-2 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-3L-3 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-3L-3 Interest.

            "Class A-3L-3 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-3L-4 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-3L-4 Interest.

            "Class A-3L-4 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-3L-5 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-3L-2 Interest.

            "Class A-3L-5 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-4 Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-4 hereto.

            "Class A-4 Pass-Through Rate": A per annum rate equal to 4.715%.

            "Class A-4L-1 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-4L-1 Interest.

            "Class A-4L-1 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-4L-2 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-4L-2 Interest.

            "Class A-4L-2 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class A-4L-3 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class A-4L-3 Interest.

            "Class A-4L-3 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class B Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-7 hereto.

            "Class B Pass-Through Rate": A per annum rate equal to the lesser of
4.820% per annum and the Weighted Average Net Mortgage Pass-Through Rate.

            "Class B-L Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class B-L Interest.

            "Class B-L Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class C Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-8 hereto.

            "Class C Pass-Through Rate": A per annum rate equal to the lesser of
4.869% per annum and the Weighted Average Net Mortgage Pass-Through Rate.

            "Class C-L Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class C-L Interest.

            "Class C-L Interest": A regular interest in the Lower-Tier REMIC
entitled to the monthly distributions payable thereto pursuant to Section 4.01.

            "Class D Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-9 hereto.

            "Class D Pass-Through Rate": A per annum rate equal to 4.934%.

            "Class D-L-1 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class D-L Interest.

            "Class D-L-1 Interest": A regular interest in the Lower-Tier REMIC
entitled to the monthly distributions payable thereto pursuant to Section 4.01.

            "Class D-L-2 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class D-L-2 Interest.

            "Class D-L-2 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class D-L-3 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class D-L-3 Interest.

            "Class D-L-3 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class E Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-10 hereto.

            "Class E Pass-Through Rate": A per annum rate equal to 5.357%.

            "Class E-L-1 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class E-L Interest.

            "Class E-L-1 Interest": A regular interest in the Lower-Tier REMIC
entitled to the monthly distributions payable thereto pursuant to Section 4.01.

            "Class E-L-2 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class E-L-2 Interest.

            "Class E-L-2 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class E-L-3 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class E-L-3 Interest.

            "Class E-L-3 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class F Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-11 hereto.

            "Class F Pass-Through Rate": A per annum rate equal to the lesser of
5.540% per annum and the Weighted Average Net Mortgage Pass-Through Rate.

            "Class F-L-1 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class F-L-1 Interest.

            "Class F-L-1 Interest": A regular interest in the Lower-Tier REMIC
entitled to the monthly distributions payable thereto pursuant to Section 4.01.

            "Class F-L-2  Component":  One of the 41  Components  of the
Class X-1 Certificates and one of the 36 Components of the Class X-2
Certificates, having a Notional Amount equal to the Lower-Tier Balance of the
Class F-L-2 Interest.

            "Class F-L-2 Interest": A regular interest in the Lower-Tier REMIC
entitled to the monthly distributions payable thereto pursuant to Section 4.01.

            "Class G Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-12 hereto.

            "Class G  Pass-Through  Rate": A per annum rate equal to the
lesser of 5.540% per annum and the Weighted Average Net Mortgage  Pass-Through
Rate.

            "Class G-L-1  Component":  One of the 41  Components  of the
Class X-1 Certificates and one of the 36 Components of the Class X-2
Certificates, having a Notional Amount equal to the Lower-Tier Balance of the
Class G-L-1 Interest.

            "Class   G-L-1   Interest":   A  regular   interest  in  the
Lower-Tier REMIC entitled to monthly distributions payable thereto pursuant to
Section 4.01.

            "Class G-L-2 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class G-L-2 Interest.

            "Class G-L-2 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class G-L-3 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class G-L-3 Interest.

            "Class   G-L-3   Interest":   A  regular   interest  in  the
Lower-Tier REMIC entitled to monthly distributions payable thereto pursuant to
Section 4.01.

            "Class H Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-13 hereto.

            "Class H Pass-Through Rate": A per annum rate equal to the lesser of
5.701% per annum and the Weighted Average Net Mortgage Pass-Through Rate.

            "Class H-L-1 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class H-L-1 Interest.

            "Class H-L-1 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class H-L-2  Component":  One of the 41  Components  of the
Class X-1 Certificates and one of the 36 Components of the Class X-2
Certificates, having a Notional Amount equal to the Lower-Tier Balance of the
Class H-L-2 Interest.

            "Class H-L-2 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class Interest Shortfall": On any Distribution Date for any
Class of Certificates, the amount of interest required to be distributed to the
Holders of such Class pursuant to Section 4.01(b) on such Distribution Date
minus the amount of interest actually distributed to such Holders pursuant to
such Section, if any.

            "Class J Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-14 hereto.

            "Class J Pass-Through Rate": A per annum rate equal to the lesser of
4.997% per annum and the Weighted Average Net Mortgage Pass-Through Rate.

            "Class J-L-1 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class J-L-1 Interest.

            "Class J-L-1 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class J-L-2 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class J-L-2 Interest.

            "Class   J-L-2   Interest":   A  regular   interest  in  the
Lower-Tier REMIC entitled to monthly distributions payable thereto pursuant to
Section 4.01.

            "Class K Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-15 hereto.

            "Class K  Pass-Through  Rate": A per annum rate equal to the
lesser of 4.997% per annum and the Weighted Average Net Mortgage  Pass-Through
Rate.

            "Class K-L-1 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class K-L-1 Interest.

            "Class K-L-1 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class K-L-2 Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class K-L-2 Interest.

            "Class K-L-2 Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class L Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-16 hereto.

            "Class L Pass-Through Rate": A per annum rate equal to the lesser of
4.997% per annum and the Weighted Average Net Mortgage Pass-Through Rate.

            "Class L-L Component": One of the 41 Components of the Class X-1
Certificates and one of the 36 Components of the Class X-2 Certificates, having
a Notional Amount equal to the Lower-Tier Balance of the Class L-L Interest.

            "Class L-L Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class LR Certificate": Any one of the Certificates executed and
authenticated by the Trustee or the Authenticating Agent on behalf of the
Depositor in substantially the form set forth in Exhibit A-22 hereto. The Class
LR Certificates have no Pass-Through Rate, Certificate Balance or Notional
Balance.

            "Class M Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-17 hereto.

            "Class M Pass-Through Rate": A per annum rate equal to the lesser of
4.997% per annum and the Weighted Average Net Mortgage Pass-Through Rate.

            "Class M-L Component": One of the 41 Components of the Class X-1
Certificates, having a Notional Amount equal to the Lower-Tier Balance of the
Class M-L Interest.

            "Class M-L Interest": A regular interest in the Lower-Tier REMIC
entitled to the monthly distributions payable thereto pursuant to Section 4.01.

            "Class N Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-18 hereto.

            "Class N Pass-Through Rate": A per annum rate equal to the lesser of
4.997% per annum and the Weighted Average Net Mortgage Pass-Through Rate.

            "Class N-L Component": One of the 41 Components of the Class X-1
Certificates, having a Notional Amount equal to the Lower-Tier Balance of the
Class N-L Interest.

            "Class N-L Interest": A regular interest in the Lower-Tier REMIC
entitled to the monthly distributions payable thereto pursuant to Section 4.01.

            "Class O Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-19 hereto.

            "Class O Pass-Through Rate": A per annum rate equal to the lesser of
4.997% per annum and the Weighted Average Net Mortgage Pass-Through Rate.

            "Class O-L Component": One of the 41 Components of the Class X-1
Certificates, having a Notional Amount equal to the Lower-Tier Balance of the
Class O-L Interest.

            "Class O-L Interest": A regular interest in the Lower-Tier REMIC
entitled to the monthly distributions payable thereto pursuant to Section 4.01.

            "Class P Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-20 hereto.

            "Class P Pass-Through Rate": A per annum rate equal to the lesser of
4.997% per annum and the Weighted Average Net Mortgage Pass-Through Rate.

            "Class P-L Component": One of the 41 Components of the Class X-1
Certificates, having a Notional Amount equal to the Lower-Tier Balance of the
Class P-L Interest.

            "Class P-L Interest": A regular interest in the Lower-Tier REMIC
entitled to monthly distributions payable thereto pursuant to Section 4.01.

            "Class R Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-21 hereto. The
Class R Certificates have no Pass-Through Rate, Certificate Balance or Notional
Balance.

            "Class X Certificate": Any Class X-1 or Class X-2 Certificate.

            "Class X-1 Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-5 hereto.

            "Class X-1 Interest Amount": With respect to any Distribution Date
and the related Interest Accrual Period, interest equal to the product of (i)
one-twelfth of a per annum rate equal to the weighted average of the Class X-1
Strip Rates for each of the Components, weighted on the basis of the respective
Notional Amounts of such Components as of the beginning of such Distribution
Date and (ii) the Class X-1 Notional Amount for such Distribution Date.

            "Class X-1 Notional Amount": For any date of determination, the
aggregate of the Lower-Tier Balance of the Lower-Tier Regular Interests as of
the preceding Distribution Date (after giving effect to the distributions of
principal on such Distribution Date), and in the case of the first Distribution
Date, as of the Closing Date.

            "Class X-1 Pass-Through Rate": With respect to any Distribution
Date, the weighted average of the Class X-1 Strip Rates for the respective
Components of the Class X-1 Notional Amount for such Distribution Date, weighted
on the basis of the respective balances of such Components outstanding
immediately prior to such Distribution Date.

            "Class X-1 Strip Rate": With respect to any Class of Components
(other than Components that are also Class X-2 Components) for any Distribution
Date, the (i) the Weighted Average Net Mortgage Pass-Through Rate for such
Distribution Date over (ii) the Pass-Through Rate for such Component. With
respect to each of the Class of Components that are also Class X-2 Components
(A) for any Distribution Date occurring on or before the related Class X-2
Component Crossover Date, the excess, if any, of (i) the Weighted Average Net
Mortgage Pass-Through Rate for such Distribution Date over (ii) the sum of (x)
the Pass-Through Rate for such Component and (y) the rate per annum
corresponding to such Distribution Date as set forth in Schedule 1 attached
hereto, and (B) for any Distribution Date occurring after the related Class X-2
Component Crossover Date, the excess, if any, of (i) the Weighted Average Net
Mortgage Pass-Through Rate for such Distribution Date over the (ii) Pass-Through
Rate for such Component. In no event will any Class X-1 Strip Rate be less than
zero.

            "Class X-2 Certificate": Any one of the Certificates executed and
authenticated by the Bond Administrator or the Authenticating Agent on behalf of
the Depositor in substantially the form set forth in Exhibit A-6 hereto.

            "Class X-2 Component": Each of the Class A-1L-2 Component, the Class
A-1L-3 Component, the Class A-1L-4 Component, the Class A-2L-1 Component, the
Class A-2L-2 Component, the Class A-2L-3 Component, the Class A-2L-4 Component,
the Class A-2L-5 Component, the Class A-3L-1 Component, the Class A-3L-2
Component, the Class A-3L-3 Component, the Class A-3L-4 Component, the Class
A-3L-5 Component, the Class A-4L-1 Component, Class A-4L-2 Component, the Class
A-4L-3 Component, the Class B-L Component, the Class C-L Component, the Class
D-L-1 Component, the Class D-L-2 Component, the Class D-L-3 Component, the Class
E-L-1 Component, the Class E-L-2 Component, the Class E-L-3 Component, the Class
F-L-1 Component, the Class F-L-2 Component, the Class G-L-1 Component, the Class
G-L-2 Component, the Class G-L-3 Component, the Class H-L-1 Component, the Class
H-L-2 Component, the Class J-L-1 Component, the Class J-L-2 Component, the Class
K-L-1 Component, the Class K-L-2 Component and the Class L-L Component.

            "Class X-2 Component Crossover Date": With respect to each Component
set forth in the table below, the Distribution Date occurring in the month and
year set forth in the table below:

                Component                             Cross-Over Date
--------------------------------------------    -------------------------
Class A-1L-2 Component                                   March 2005
Class A-1L-3 Component                               September 2005
Class A-1L-4 Component, Class A-2L-1
Component, Class K-L-1 Component and
Class L-L Component                                      March 2006
Class A-2L-2 Component, Class J-L-1
Component and Class K-L-2 Component                  September 2006
Class A-2L-3 Component, Class H-L-1
Component and Class J-L-2 Component                      March 2007
Class A-2L-4 Component, Class H-L-2
Component and Class G-L-1 Component                  September 2007
Class A-2L-5 Component, Class A-3L-1
Component and Class G-L-2 Component                      March 2008
Class A-3L-2 Component, Class G-L-3
Component and Class F-L-1 Component                  September 2008
Class A-3L-3 Component, Class F-L-2
Component and Class E-L-1 Component                      March 2009
Class A-3L-4 Component and Class E-L-2
Component                                            September 2009
Class A-3L-5 Component, Class A-4L-1
Component, Class E-L-3 Component and
Class D-L-1 Component                                    March 2010
Class A-4L-2 Component and Class D-L-2
Component                                            September 2010
Class A-4L-3 Component, Class D-L-3
Component, Class BL Component and Class
CL Component                                             March 2011

            "Class X-2 Notional Amount": With respect to any Distribution Date,
the aggregate of the Notional Amounts of the Class X-2 Components as of the
close of business on the preceding Distribution Date, excluding those Class X-2
Components for which the Class X-2 Component Crossover Date has previously
passed.

            "Class X-2 Pass-Through Rate": With respect to any Distribution Date
subsequent to the initial Distribution Date and on or before the Distribution
Date in March 2011, the weighted average of the Class X-2 Strip Rates for the
respective Components of the Class X-2 Notional Amount, weighted on the basis of
the respective balances of such Components outstanding immediately prior to such
Distribution Date.

            "Class X-2 Strip Rate": With respect to each of the Class X-2
Components (A) for any Distribution Date occurring on or before the related
Class X-2 Component Crossover Date, the excess, if any, of (x) the lesser of (i)
the rate per annum corresponding to such Distribution Date as set forth in
Schedule 1 attached hereto and (ii) the Weighted Average Net Mortgage
Pass-Through Rate for such Distribution Date over (y) the Pass-Through Rate for
such Component, and (B) for any Distribution Date occurring after the related
Class X-2 Component Crossover Date, equal to zero. In no event will any Class
X-2 Strip rate be less than zero.

            "Clearstream": Clearstream Banking, societe anonyme.

            "Closing Date": March 17, 2004.

            "CMSA": The Commercial Mortgage Securities Association, or any
association or organization that is a successor thereto. If neither such
association nor any successor remains in existence, "CMSA" shall be deemed to
refer to such other association or organization as may exist whose principal
membership consists of servicers, trustees, certificateholders, issuers,
placement agents and underwriters generally involved in the commercial mortgage
loan securitization industry, which is the principal such association or
organization in the commercial mortgage loan securitization industry and whose
principal purpose is the establishment of industry standards for reporting
transaction-specific information relating to commercial mortgage pass-through
certificates and commercial mortgage-backed bonds and the commercial mortgage
loans and foreclosed properties underlying or backing them to investors holding
or owning such certificates or bonds, and any successor to such other
association or organization. If an organization or association described in one
of the preceding sentences of this definition does not exist, "CMSA" shall be
deemed to refer to such other association or organization as shall be selected
by the Servicer and reasonably acceptable to the Trustee, the Bond
Administrator, the Special Servicer and the Directing Certificateholder.

            "CMSA Bond Level File": A data file substantially in the form of,
and containing the information called for in, the downloadable form of the "Bond
Level File" available as of the Closing Date on the CMSA Website, or such other
form for the presentation of such information and containing such additional
information as may from time to time be promulgated as recommended by the CMSA
for commercial mortgage securities transactions generally and, insofar as it
requires the presentation of information in addition to that called for by the
form of the "Bond Level File" available as of the Closing Date on the CMSA
Website, is reasonably acceptable to the Bond Administrator.

            "CMSA Collateral Summary File": The data file substantially in the
form of, and containing the information called for in, the downloadable form of
the "CMSA Collateral Summary File" available as of the Closing Date on the CMSA
Website, or such other form for the presentation of such information and
containing such additional information as may from time to time be promulgated
as recommended by the CMSA for commercial mortgage securities transactions
generally and, insofar as it requires the presentation of information in
addition to that called for by the form of the "CMSA Collateral Summary File"
available as of the Closing Date on the CMSA Website, is reasonably acceptable
to the Bond Administrator.

            "CMSA Financial File": A report substantially in the form of, and
containing the information called for in, the downloadable form of the "CMSA
Financial File" available as of the Closing Date on the CMSA Website, or such
other final form for the presentation of such information and containing such
additional information as may from time to time be promulgated as recommended by
the CMSA for commercial mortgage securities transactions generally and, insofar
as it requires the presentation of information in addition to that called for by
the form of the "CMSA Financial File" available as of the Closing Date on the
CMSA Website, is reasonably acceptable to the Servicer or the Special Servicer,
as applicable.

            "CMSA Loan Periodic Update File": The monthly report substantially
in the form of, and containing the information called for in, the downloadable
form of the "CMSA Loan Periodic Update File" available as of the Closing Date on
the CMSA Website, or such other final form for the presentation of such
information and containing such additional information as may from time to time
be promulgated as recommended by the CMSA for commercial mortgage securities
transactions generally and, insofar as it requires the presentation of
information in addition to that called for by the form of the "CMSA Loan
Periodic Update File" available as of the Closing Date on the CMSA Website, is
reasonably acceptable to the Servicer or the Special Servicer, as applicable,
and the Bond Administrator and, provided, that each CMSA Loan Periodic Update
File shall be accompanied by a Monthly Additional Report on Recoveries and
Reimbursements, if such report is required for a particular month, and all
references herein to "CMSA Loan Periodic Update File" shall be construed
accordingly.

            "CMSA Loan Setup File": The report substantially in the form of, and
containing the information called for in, the downloadable form of the "CMSA
Loan Setup File" available as of the Closing Date on the CMSA Website, or such
other final form for the presentation of such information and containing such
additional information as may from time to time be promulgated as recommended by
the CMSA for commercial mortgage securities transactions generally and, insofar
as it requires the presentation of information in addition to that called for by
the form of the "CMSA Loan Setup File" available as of the Closing Date on the
CMSA Website, is reasonably acceptable to the Servicer or the Special Servicer,
as applicable, and the Bond Administrator.

            "CMSA Property File": The monthly report substantially in the form
of, and containing the information called for, in the downloadable form of the
"CMSA Property File" available as of the Closing Date on the CMSA Website, or
such other final form for the presentation of such information and containing
such additional information as may from time to time be promulgated as
recommended by the CMSA for commercial mortgage securities transactions
generally and, insofar as it requires the presentation of information in
addition to that called for by the form of the "CMSA Property File" available as
of the Closing Date on the CMSA Website, is reasonably acceptable to the
Servicer or the Special Servicer, as applicable.

            "CMSA Reporting Package": Collectively,

            (a) the CMSA Reports;

            (b) the following ten supplemental reports: (i) Delinquent Loan
Status Report, (ii) Historical Loan Modification and Corrected Mortgage Loan
Report, (iii) Historical Liquidation Report, (iv) REO Status Report, (v)
Operating Statement Analysis Report, (vi) Comparative Financial Status Report,
(vii) Watch List, (viii) NOI Adjustment Worksheet, (ix) Loan Level Reserve/LOC
Report and (x) Reconciliation of Funds Report; and

            (c) such other reports as the CMSA may designate in the future and
any additional information as the Servicer, Special Servicer and the Bond
Administrator may from time to time agree.

            In addition, the CMSA Reporting Package shall include the Monthly
Additional Report on Recoveries and Reimbursements, if such report is required
for a particular month (notwithstanding that such form of report has not been
adopted or recommended by the CMSA).

            "CMSA Reports": Reports substantially in the forms of the CMSA
standard reporting package inclusive of the CMSA Loan Setup File, the CMSA Loan
Periodic Update File, the CMSA Property File, the CMSA Financial File, the CMSA
Special Servicer Defaulted Loan File, the CMSA Bond Level File and the CMSA
Collateral Summary File.

            "CMSA Special Servicer Defaulted Loan File:" The report
substantially in the form of, and containing the information called for in, the
downloadable form of the "CMSA Special Servicer Loan File" available as of the
Closing Date on the CMSA Website, or such other final form for the presentation
of such information and containing such additional information as may from time
to time be promulgated as recommended by the CMSA for commercial mortgage
securities transactions generally and, insofar as it requires the presentation
of information in addition to that called for by the form of the "CMSA Special
Servicer Loan File" available as of the Closing Date on the CMSA Website, is
reasonably acceptable to the Special Servicer.

            "CMSA Supplemental Servicer Reports": The Delinquent Loan Status
Report, the Historical Loan Modification and Corrected Mortgage Loan Report, the
Historical Liquidation Report, the REO Status Report, the Watch List, the NOI
Adjustment Worksheet, the Comparative Financial Status Report and the Operating
Statement Analysis Report.

            "CMSA Website": The CMSA's Website located at "www.cmbs.org" or such
other primary website as the CMSA may establish for dissemination of its report
forms.

            "Co-Lender Agreement": (i) with respect to the Tysons Corner Center
Whole Loan, the Tysons Corner Center Intercreditor Agreement, (ii) with respect
to the AFR/Bank of America Portfolio Whole Loan, the AFR/Bank of America
Portfolio A Notes Intercreditor Agreement and the AFR/Bank of America Portfolio
Agreement Among Noteholders and (iii) with respect to the Meadows Mall Whole
Loan, the Meadows Mall Intercreditor Agreement, in each case, as applicable and
as the context may require.

            "Code": The Internal Revenue Code of 1986, as amended from time to
time, any successor statute thereto, and any temporary or final regulations of
the United States Department of the Treasury promulgated pursuant thereto.

            "Collection Account": The trust account or accounts created and
maintained by the Servicer pursuant to Section 3.05(a), which shall be entitled
"GMAC Commercial Mortgage Corporation, for the benefit of Wells Fargo Bank,
N.A., as Trustee, in trust for Holders of Deutsche Mortgage & Asset Receiving
Corporation, COMM 2004-LNB2 Commercial Mortgage Pass-Through Certificates,
Collection Account" and which must be an Eligible Account.

            "Collection Period": With respect to a Distribution Date and each
Mortgage Loan, the period that begins immediately following the Determination
Date in the calendar month preceding the month in which such Distribution Date
occurs (or, in the case of the Distribution Date occurring in April 2004, on the
day after the Cut-off Date) and ending at the close of business on the
Determination Date in the calendar month in which such Distribution occurs,
provided, that with respect to the payment by a Borrower of a Balloon Payment on
its related due date or during its related grace period, the Collection Period
shall extend up to and including the Business Day prior to the Servicer
Remittance Date preceding the related Distribution Date.

            "Commission": The Securities and Exchange Commission.

            "Companion Loan": The Tysons Corner Center Pari Passu Loans, the
AFR/Bank of America Portfolio Companion Loans and the Meadows Mall Pari Passu
Loan, as the context may require.

            "Companion Loan Noteholder": A holder of a Companion Loan.

            "Comparative Financial Status Report": A report substantially in the
form of, and containing the information called for in, the downloadable form of
the "Comparative Financial Status Report" available as of the Closing Date on
the CMSA Website, or such other form for the presentation of such information
and containing such additional information as may from time to time be
promulgated as recommended by the CMSA for commercial mortgage securities
transactions generally and, insofar as it requires the presentation of
information in addition to that called for by the form of the "Comparative
Financial Status Report" available as of the Closing Date on the CMSA Website,
is reasonably acceptable to the Servicer or the Special Servicer, as applicable.

            "Component": Each of the Class A-1L-1 Component, the Class A-1L-2
Component, the Class A-1L-3 Component, the Class A-1L-4 Component, the Class
A-2L-1 Component, the Class A-2L-2 Component, the Class A-2L-3 Component, the
Class A-2L-4 Component, the Class A-3L-1 Component, the Class A-3L-2 Component,
the Class A-3L-3 Component, the Class A-3L-4 Component, the Class A-3L-5
Component, the Class A-4L-1 Component, the Class A-4L-2 Component, the Class
A-4L-3 Component, the Class B-L Component, the Class C-L Component, the Class
D-L-1 Component, the Class D-L-2, Component, the Class D-L-3 Component, the
Class E-L-1 Component, the Class E-L-2, Component, the Class E-L-3 Component,
the Class F-L-1 Component, the Class F-L-2 Component, the Class G-L-1 Component,
the Class G-L-2 Component, the Class G-L-3 Component, the Class H-L-1 Component,
the Class H-L-2 Component, the Class J-L-1 Component, the Class J-L-2 Component,
Class K-L-1 Component, the Class K-L-2, Component, the Class L-L Component, the
Class M-L Component, the Class N-L Component, the Class O-L Component and the
Class P-L Component.

            "Condemnation Proceeds": Any awards resulting from the full or
partial condemnation or any eminent domain proceeding or any conveyance in lieu
or in anticipation thereof with respect to a Mortgaged Property by or to any
governmental, quasi-governmental authority or private entity with condemnation
powers (other than amounts to be applied to the restoration, preservation or
repair of such Mortgaged Property or released to the related Borrower in
accordance with the terms of the Mortgage Loan and, if applicable, the terms of
the Serviced Whole Loan) or, if applicable, (i) with respect to the Mortgaged
Property securing a Non-Serviced Mortgage Loan, any portion of such amounts
received by the Trust Fund as holder of the related Mortgage Loan pursuant to
the applicable Co-Lender Agreement, and (ii) with respect to the Mortgaged
Property securing the Serviced Whole Loan, any portion of such amounts payable
to the holders of the Serviced Whole Loan.

            "Controlling Class": As of any date of determination, the Class of
Principal Balance Certificates with the latest alphabetical Class designation
that has a then-aggregate Certificate Balance at least equal to 25% of the
initial aggregate Certificate Balance of such Class of Principal Balance
Certificates as of the Closing Date. As of the Closing Date, the Controlling
Class will be the Class P Certificates. For purposes of determining the
Controlling Class, the Class A-1, Class A-2, Class A-3 and Class A-4
Certificates collectively will be treated as one Class.

            "Controlling Class Certificateholder": Each holder (or Certificate
Owner, if applicable) of a Certificate of the Controlling Class as certified to
the Bond Administrator from time to time by such holder (or Certificate Owner).

            "Controlling Holder": (i) With respect to each Mortgage Loan (other
than the Serviced Whole Loan), the Directing Certificateholder; and (ii) with
respect to the Tysons Corner Center Whole Loan, the holders of the Tysons Corner
Center Whole Loan (or their designees) then holding a majority of the aggregate
Stated Principal Balance of the Tysons Corner Center Whole Loan and if the
holders of the Tysons Corner Center Whole Loan (or their designees) then holding
a majority of the aggregate Stated Principal Balance of the Tysons Corner Center
Whole Loan are not able to agree on a course of action that satisfies the
Servicing Standard within 30 days (or such shorter period as may be required by
the Loan Documents to the extent the lender's approval is required), the
Directing Certificateholder, as the context may require.

            "Corporate Trust Office": The offices of the Trustee located at 9062
Old Annapolis Road, Columbia, Maryland 21045-1951, Attention: Corporate Trust
Services (CMBS), COMM 2004-LNB2, or the principal trust office of any successor
Trustee qualified and appointed pursuant to Section 8.08.

            "Corrected Mortgage Loan": As defined under the definition of
Specially Serviced Loan.

            "Corresponding Certificate": As defined in the Preliminary Statement
with respect to any Corresponding Component or any Corresponding Lower-Tier
Regular Interest.

            "Corresponding Component": As defined in the Preliminary Statement
with respect to any Corresponding Certificate or any Corresponding Lower-Tier
Regular Interest.

            "Corresponding Lower-Tier Regular Interest": As defined in the
Preliminary Statement with respect to any Class of Corresponding Certificates or
any Component of the Class X-1 or Class X-2 Certificates.

            "Credit Lease": With respect to the Credit Lease Loan, the lease
agreement between the Borrower, as lessor, and the Tenant, as lessee, of the
related Mortgaged Property.

            "Credit Lease Loan": The Mortgage Loan known as "Walgreens College
Station", identified as Loan No. 62 on the Mortgage Loan Schedule.

            "Cross-Collateralized Mortgage Loans": Any two or more Mortgage
Loans listed on the Mortgage Loan Schedule that are cross-collateralized with
each other.

            "Cross-over Date": Means the Distribution Date on which the
Certificate Balance of each Class of Certificates other than the Class A-1,
Class A-2, Class A-3 and Class A-4 Certificates have been reduced to zero.

            "Current Ratings Report": With respect to the Credit Lease Loan, a
report or reports, dated as of a date no earlier than three Business Days prior
to the related Determination Date, setting forth: (i) the publicly available
corporate credit rating of S&P and Moody's for the Tenant and the Guarantor as
of that date, (ii) the publicly available corporate credit rating of S&P and
Moody's for such Tenant or Guarantor included in the Current Ratings Report for
the immediately preceding Determination Date (except for the first Determination
Date), and (iii) whether such Tenant or Guarantor has been placed on credit
watch by S&P and Moody's.

            "Custodial Agreement": The Custodial Agreement, if any, from time to
time in effect between the Custodian named therein and the Trustee, in the form
agreed to by the Trustee and the Custodian, as the same may be amended or
modified from time to time in accordance with the terms thereof.

            "Custodian": Any Custodian appointed pursuant to Section 3.21 and,
unless the Trustee is Custodian, named pursuant to any Custodial Agreement. If a
Custodian is not so appointed, then the Custodian shall be the Trustee. The
Custodian may (but need not) be the Trustee or the Servicer or any Affiliate of
the Trustee or the Servicer, but may not be the Depositor, any Mortgage Loan
Seller or any Affiliate thereof.

            "Cut-off Date": March 1, 2004.

            "DBRS": Dominion Bond Rating Service Limited, or any successor
thereto.

            "DBS":  Deutsche Bank Securities Inc.

            "Debt Service Coverage Ratio": With respect to any Mortgage Loan or
Serviced Companion Loan as of any date of determination and for any period, the
ratio calculated by dividing the net operating income or net cash flow, as
applicable, of the related Mortgaged Property or Mortgaged Properties, as the
case may be, for the most recently ended 12-month trailing or one-year period
for which data is available from the related Borrower (or year-to-date until
such time that data for the trailing 12-month period is available), before
payment of any scheduled payments of principal and interest on such Mortgage
Loan or Serviced Companion Loan but after funding of required reserves and
"normalized" by the Servicer pursuant to Section 3.13, by the annual debt
service required by such Mortgage Loan or Serviced Companion Loan. Annual debt
service shall be calculated by multiplying the Monthly Payment in effect on such
date of determination for such Mortgage Loan or Serviced Companion Loan by 12
(or such fewer number of months for which related information is available).

            "Default Interest": With respect to any Mortgage Loan or Serviced
Companion Loan, interest accrued on such Mortgage Loan or Serviced Companion
Loan at the excess of (i) the Default Rate over (ii) the related Mortgage Rate.

            "Default Rate": With respect to each Mortgage Loan or Serviced
Companion Loan, the per annum rate at which interest accrues on such Mortgage
Loan or Serviced Companion Loan following any event of default on such Mortgage
Loan or Serviced Companion Loan, including a default in the payment of a Monthly
Payment or a Balloon Payment.

            "Defaulted Mortgage Loan": A Mortgage Loan or the Serviced Whole
Loan which is delinquent at least 60 days in respect of its Monthly Payments or
more than 30 days delinquent in respect of its Balloon payment, if any, in
either case such delinquency to be determined without giving effect to any grace
period permitted by the related Loan Documents and without regard to any
acceleration of payments under the Mortgage Loan or the Serviced Whole Loan.

            "Defeasance Account": As defined in Section 3.30(k).

            "Defect": As defined in Section 2.03(d).

            "Delinquency":   Any   failure  of  a  Borrower  to  make  a
scheduled Monthly Payment or Balloon Payment on a Due Date.

            "Delinquent Loan Status Report": A report substantially in the form
of, and containing the information called for in, the downloadable form of the
"Delinquent Loan Status Report" available as of the Closing Date on the CMSA
Website, or such other form for the presentation of such information and
containing such additional information as may from time to time be promulgated
as recommended by the CMSA for commercial mortgage securities transactions
generally and, insofar as it requires the presentation of information in
addition to that called for by the form of the "Delinquent Loan Status Report"
available as of the Closing Date on the CMSA Website, is reasonably acceptable
to the Servicer or the Special Servicer, as applicable.

            "Denomination":  As defined in Section 5.01(a).

            "Depositor": Deutsche Mortgage & Asset Receiving Corporation, a
Delaware corporation, and its successors and assigns.

            "Depository":  The  Depository  Trust Company or a successor
appointed by the  Certificate  Registrar  (which  appointment  shall be at the
direction of the Depositor if the Depositor is legally able to do so).

            "Depository  Participant":  A Person for whom,  from time to
time, the Depository  effects  book-entry  transfers and pledges of securities
deposited with the Depository.

            "Determination  Date":  With  respect  to  any  Distribution
Date, the earlier of (a) the 6th day of the month in which the related
Distribution Date occurs or, if such 6th day is not a Business Day, the
immediately preceding Business Day and (b) the 4th Business Day prior to the
related Distribution Date.

            "Directing Certificateholder": The Controlling Class
Certificateholder or its designee selected by more than 50% of the Controlling
Class Certificateholders, by Certificate Balance, as certified by the Bond
Administrator from time to time; provided, however, that (i) absent such
selection, or (ii) until a Directing Certificateholder is so selected or (iii)
upon receipt of a notice from a majority of the Controlling Class
Certificateholders, by Certificate Balance, that a Directing Certificateholder
is no longer designated, the Controlling Class Certificateholder that owns the
largest aggregate Certificate Balance of the Controlling Class will be the
Directing Certificateholder; provided, further, that in order for the Bond
Administrator to certify the status of the Directing Certificateholder, the
Directing Certificateholder must provide notice and certification to the Bond
Administrator as to its status as Directing Certificateholder upon which the
Bond Administrator shall use its best efforts to verify such status. In the
event that the Bond Administrator is unable to verify the status of the
Directing Certificateholder, it shall provide written notice to the Holders of
the Controlling Class as to the designation of the Directing Certificateholder.
Delaware Securities Holdings Inc. shall be the initial Directing
Certificateholder, without necessity of further notice or selection.

            "Directly Operate": With respect to any REO Property, the furnishing
or rendering of services to the tenants thereof that are not customarily
provided to tenants in connection with the rental of space for occupancy only
within the meaning of Treasury Regulations Section 1.512(b)-1(c)(5), the
management or operation of such REO Property, the holding of such REO Property
primarily for sale to customers in the ordinary course of a trade or business,
or any use of such REO Property in a trade or business conducted by the Trust
Fund, or the performance of any construction work on the REO Property other than
through an Independent Contractor; provided, however, that the Special Servicer,
on behalf of the Trust Fund, shall not be considered to Directly Operate an REO
Property solely because the Special Servicer, on behalf of the Trust Fund,
establishes rental terms, chooses tenants, enters into or renews leases, deals
with taxes and insurance, or makes decisions as to repairs or capital
expenditures with respect to such REO Property or takes other actions consistent
with Treasury Regulations Section l.856-4(b)(5)(ii).

            "Discount Rate": With respect to each Mortgage Loan or Serviced
Companion Loan as to which there has been a prepayment during a Collection
Period and for which a Prepayment Premium is collected, the yield (compounded
monthly, in the case of the AFR/Bank of America Portfolio Mortgage Loan) for
"This Week" as reported by the Federal Reserve Board in Federal Reserve
Statistical Release H.15(519) for the constant maturity treasury security having
a maturity coterminous with the Maturity Date of such Mortgage Loan or Serviced
Companion Loan as of the related Determination Date. If there is no Discount
Rate for instruments having a maturity coterminous with the Maturity Date of the
applicable Mortgage Loan or Serviced Companion Loan, then the Discount Rate will
be equal to the linear interpolation of the yields of the constant maturity
treasury securities with maturities next longer and shorter than such Maturity
Date.

            "Discount Rate Fraction": With respect to the distribution of any
Prepayment Premium received with respect to any Mortgage Loan or Serviced
Companion Loan to one or more Classes of Certificates on any Distribution Date,
a fraction (not greater than 1.0 or less than zero), (a) the numerator of which
is equal to the excess of (x) the Pass-Through Rate for such Class of
Certificates over (y) the relevant Discount Rate and (b) the denominator of
which is equal to the excess of (x) the Mortgage Rate of the related Mortgage
Loan or Serviced Companion Loan over (y) the relevant Discount Rate.

            "Disqualified Non-U.S. Person": With respect to a Class R or Class
LR Certificate, (A) any Non-U.S. Person or agent thereof other than (i) a
Non-U.S. Person that holds the Class R or Class LR Certificate in connection
with the conduct of a trade or business within the United States and has
furnished the transferor and the Certificate Registrar with an effective IRS
Form W-8ECI (or applicable successor Form promulgated by the IRS for the purpose
of providing and certifying the information provided on Form W-8ECI as of the
Closing Date) or (ii) a Non-U.S. Person that has delivered to both the
transferor and the Certificate Registrar an opinion of a nationally recognized
tax counsel to the effect that the transfer of the Class R or Class LR
Certificate to it is in accordance with the requirements of the Code and the
regulations promulgated thereunder and that such transfer of the Class R or
Class LR Certificate will not be disregarded for federal income tax purposes or
(B) a U.S. Person with respect to whom income on the Class R or Class LR
Certificate is attributable to a fixed base or foreign permanent establishment,
within the meaning of an applicable income tax treaty, of such Person or any
other U.S. Person.

            "Disqualified Organization": Any of (a) the United States, a State
or any political subdivision thereof, any possession of the United States, or
any agency or instrumentality of any of the foregoing (other than an
instrumentality that is a corporation if all of its activities are subject to
tax and a majority of its board of directors is not selected by any such
governmental unit), (b) a foreign government, International Organization (as
defined below) or agency or instrumentality of either of the foregoing, (c) an
organization that is exempt from tax imposed by Chapter 1 of the Code (including
the tax imposed by Code Section 511 on unrelated business taxable income) on any
excess inclusions (as defined in Code Section 860E(c)(1)) with respect to the
Class R or Class LR Certificates (except certain farmers' cooperatives described
in Code Section 521), (d) rural electric and telephone cooperatives described in
Code Section 1381(a)(2), or (e) any other Person so designated by the
Certificate Registrar based upon an Opinion of Counsel to the effect that any
Transfer to such Person may cause the Upper-Tier REMIC, the Lower-Tier REMIC or
the Loan REMIC to be subject to tax or to fail to qualify as a REMIC at any time
that the Certificates are outstanding. For the purposes of this definition, the
terms "United States," "State" and "International Organization" shall have the
meanings set forth in Code Section 7701 or successor provisions.

            "Distribution Accounts": Collectively, the Upper-Tier Distribution
Account and the Lower-Tier Distribution Account, all of which may be subaccounts
of a single Eligible Account.

            "Distribution Date": The 10th day of each month, or if such 10th day
is not a Business Day, the Business Day immediately following such 10th day,
commencing in April 2004.

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

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

            "EDGAR":   The   Commission's   Electronic  Data  Gathering,
Analysis and Retrieval system.

            "Early Termination Notice Date": Any date as of which the aggregate
Stated Principal Balance of the Mortgage Loans is less than 1.0% of the
aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

            "Eligible Account": Any of (i) (A) an account or accounts maintained
with a depository institution or trust company the short term unsecured debt
obligations or commercial paper of which are rated at least "A-1" by S&P, "F-1"
by Fitch, "P-2" by Moody's and "R-1 (middle)" by DBRS or, if not rated by DBRS,
an equivalent rating such as those listed above by two nationally-recognized
statistical rating organizations, in the case of accounts in which funds are
held for 30 days or less or, in the case of accounts in which funds are held for
more than 30 days, the long term unsecured debt obligations of which are rated
at least "AA-" by S&P, "AA-" by Fitch, "Aa3" by Moody's and "AA (low)" by DBRS,
or if not rated by DBRS, an equivalent rating such as those listed above by two
nationally-recognized statistical rating organizations, or (B) as to which the
Bond Administrator has received written confirmation from each of the Rating
Agencies that holding funds in such account would not cause any Rating Agency to
qualify, withdraw or downgrade any of its then-current ratings on the
Certificates or Serviced Companion Loan Securities or (ii) a segregated trust
account or accounts maintained with a federal or state chartered depository
institution or trust company acting in its fiduciary capacity which, in the case
of a state chartered depository institution or trust company is subject to
regulations substantially similar to 12 C.F.R.ss. 9.10(b), having in either case
a combined capital and surplus of at least $50,000,000 and subject to
supervision or examination by federal and state authority, or (iii) any other
account that, as evidenced by a written confirmation from each Rating Agency
would not, in and of itself, cause a downgrade, qualification or withdrawal of
the then-current ratings assigned to the Certificates or Serviced Companion Loan
Securities, which may be an account maintained with the Trustee, the Bond
Administrator or the Servicer. Eligible Accounts may bear interest.

            "Eligible Investor": Any of (i) a Qualified Institutional Buyer that
is purchasing for its own account or for the account of a Qualified
Institutional Buyer to whom notice is given that the offer, sale or transfer is
being made in reliance on Rule 144A or (ii) an Institutional Accredited
Investor.

            "Environmental  Report":  The environmental  audit report or
reports  with  respect to each  Mortgaged  Property  delivered to the Mortgage
Loan Sellers in connection with the related Mortgage Loan.

            "ERISA":  The  Employee  Retirement  Income  Security Act of
1974, as it may be amended from time to time.

            "Escrow Account": As defined in Section 3.04(b). Any Escrow Account
may be a sub-account of the related Cash Collateral Account.

            "Escrow Payment": Any payment made by any Borrower to the Servicer
pursuant to the related Mortgage, Cash Collateral Account Agreement, Lock-Box
Agreement or Loan Agreement for the account of such Borrower for application
toward the payment of taxes, insurance premiums, assessments, environmental
remediation and similar items in respect of the related Mortgaged Property or
related to the satisfaction of closing conditions for the related Mortgage Loan
(except with respect to any Non-Serviced Mortgage Loan) or Serviced Whole Loan.

            "Euroclear":  The Euroclear System and its successors.

            "Event of Default": A Servicer Event of Default or Special Servicer
Event of Default, as applicable.

            "Excess Liquidation Proceeds": With respect to any Mortgage Loan
(other than a Non-Serviced Mortgage Loan) or Serviced Companion Loan, the excess
of (i) Net Liquidation Proceeds of such Mortgage Loan or Serviced Companion Loan
or related REO Property, over (ii) the amount that would have been received if a
principal payment and all other amounts due in full had been made with respect
to such Mortgage Loan or Serviced Companion Loan on the Due Date immediately
following the date on which such proceeds were received. Any Excess Liquidation
Proceeds in respect of the Loan REMIC Loan will be deemed distributed in respect
of the Loan REMIC Residual Interest and deemed deposited in the Excess
Liquidation Proceeds Account.

            "Excess Liquidation Proceeds Account": The segregated trust account
or sub-account created and maintained by the Bond Administrator pursuant to
Section 3.17(e) in trust for the Certificateholders and, in the case of the
Serviced Companion Loans, the Serviced Companion Loan Noteholders, which shall
be entitled "Wells Fargo Bank, N.A., as Trustee, in trust for Holders of
Deutsche Mortgage & Asset Receiving Corporation, COMM 2004-LNB2 Commercial
Mortgage Pass-Through Certificates [and, if applicable, Serviced Companion Loan
Noteholders], Excess Liquidation Proceeds Account." The Excess Liquidation
Proceeds Account must be an Eligible Account or a sub-account of an Eligible
Account and will be an asset of the Lower-Tier REMIC.

            "Excess Prepayment Interest Shortfall": With respect to the Mortgage
Loans, the aggregate Prepayment Interest Shortfalls in excess of the Servicer
Prepayment Interest Shortfall.

            "Exchange Act": The Securities Exchange Act of 1934, as amended.

            "Exchange Act Report": A monthly Distribution Date Statement,
Comparative Financial Status Report, Delinquent Loan Status Report, Historical
Liquidation Report, Historical Loan Modification Report, REO Status Report,
Operating Statement Analysis Report, NOI Adjustment Worksheet, Watch List, or
Annual Compliance Report to be filed with the Commission, under cover of the
related form required by the Exchange Act.

            "Extended Due Date Mortgage Loans": Any Mortgage Loan with a grace
period expiring after the Determination Date but prior to the related
Distribution Date.

            "FDIC": The Federal Deposit Insurance Corporation, or any successor
thereto.

            "FHA": The Federal Housing Administration.

            "FHLMC": The Federal Home Loan Mortgage Corporation, or any
successor thereto.

            "Final Recovery Determination": With respect to any Specially
Serviced Loan or any Mortgage Loan subject to repurchase by the related Mortgage
Loan Seller pursuant to Section 2.03(d) or, in the case of a Whole Loan, subject
to repurchase pursuant to the applicable Co-Lender Agreement, the recovery of
all Insurance Proceeds, Liquidation Proceeds, the related Repurchase Price and
other payments or recoveries (including proceeds of the final sale of any REO
Property) which the Servicer (or in the case of a Specially Serviced Loan, the
Special Servicer), in its reasonable judgment as evidenced by a certificate of a
Servicing Officer delivered to the Bond Administrator and the Custodian (and the
Servicer, if the certificate is from the Special Servicer), expects to be
finally recoverable. The Servicer shall maintain records, prepared by a
Servicing Officer, of each Final Recovery Determination until the earlier of (i)
its termination as Servicer hereunder and the transfer of such records to a
successor servicer and (ii) five years following the termination of the Trust
Fund.

            "Financial Market Publisher": Bloomberg Financial Service.

            "Fitch": Fitch, Inc., or any successor thereto.

            "FNMA": The Federal National Mortgage Association, or any successor
thereto.

            "Form 8-K": A Current Report on Form 8-K under the Exchange Act, or
such successor form as the Commission may specify from time to time.

            "GACC": German American Capital Corporation, in its capacity as a
Mortgage Loan Seller, and its successors.

            "GACC  Purchase  Agreement":   The  Mortgage  Loan  Purchase
Agreement dated and effective March 17, 2004, between GACC and the Depositor.

            "General Servicing Standard": With respect to the Servicer, if the
Servicer is not GMAC Commercial Mortgage Corporation, or the Special Servicer,
shall mean to diligently service and administer the Mortgage Loans (other than
the Non-Serviced Mortgage Loans) and the Serviced Whole Loan for which each is
responsible in the best interests of and for the benefit of all of the
Certificateholders and, with respect to the Serviced Whole Loan, for the benefit
of the Serviced Companion Loan Noteholders (as a collective whole, as determined
by the Servicer or the Special Servicer, as the case may be, in the exercise of
its reasonable judgment) in accordance with applicable law, the terms of this
Agreement, the terms of the related Co-Lender Agreement, if applicable, and the
Mortgage Loans or the Serviced Whole Loan, as applicable, and to the extent not
inconsistent with the foregoing, in accordance with the higher of the following
standards of care:

                  (i) the same manner in which, and with the same care, skill,
            prudence and diligence with which the Servicer or the Special
            Servicer, as the case may be, services and administers similar
            mortgage loans for other third-party portfolios, giving due
            consideration to the customary and usual standards of practice of
            prudent institutional commercial and multifamily mortgage lenders
            servicing their own mortgage loans with a view to the maximization
            of timely recovery of principal and interest on a net present value
            basis on the Mortgage Loans or Specially Serviced Loans, as
            applicable, and the best interests of the Trust and the
            Certificateholders and, with respect to the Serviced Whole Loan, the
            Certificateholders and the Serviced Companion Loan Noteholders (as a
            collective whole, as determined by the Servicer or the Special
            Servicer, as the case may be, in its reasonable judgment); and

                  (ii) the same care, skill, prudence and diligence with which
            the Servicer or the Special Servicer, as the case may be, services
            and administers commercial and multifamily mortgage loans owned by
            the Servicer or the Special Servicer, as the case may be, with a
            view to the maximization of timely recovery of principal and
            interest on a net present value basis on the Mortgage Loans or
            Specially Serviced Loans, as applicable, and the best interests of
            the Trust and the Certificateholders and, with respect to the
            Serviced Whole Loan, the Certificateholders and the Serviced
            Companion Loan Noteholders (as a collective whole, as determined by
            the Servicer or the Special Servicer, as the case may be, in its
            reasonable judgment),

but without regard to (a) any relationship that the Servicer or the Special
Servicer, or any Affiliate of the Servicer or the Special Servicer, may have
with the related Borrower, any Mortgage Loan Seller, any other party to this
Agreement or any Affiliate of the foregoing; (b) the ownership of any
Certificate or any Non-Serviced Mortgage Loan by the Servicer or the Special
Servicer, as the case may be, or any Affiliate of the Servicer or the Special
Servicer; (c) the Servicer's obligation to make Advances; (d) the Servicer's or
the Special Servicer's, as the case may be, right to receive compensation for
its services hereunder or with respect to any particular transaction; (e) the
ownership, servicing or management for others of any other mortgage loans or
mortgaged properties by the Servicer or the Special Servicer or any Affiliate of
the Servicer or the Special Servicer, as applicable; and (f) any debt that the
Servicer or the Special Servicer or any Affiliate of the Servicer or the Special
Servicer, as applicable, has extended to any Borrower (including, without
limitation, any mezzanine financing that may exist on a future date).

            "Global Certificates": The Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G,
Class H, Class J, Class K, Class L, Class M, Class N, Class O and Class P
Certificates.

            "GMACCM 2003-C3 Fiscal Agent": As defined in the preliminary
statement herein.

            "GMACCM  2003-C3  Pooling  and  Servicing   Agreement":   As
defined in the preliminary statement herein.

            "GMACCM 2003-C3 Serviced Companion Loan Paying Agent": The "Serviced
Companion Loan Paying Agent" under the GMACCM 2003-C3 Pooling and Servicing
Agreement, which as of the date hereof is GMAC Commercial Mortgage Corporation.

            "GMACCM 2003-C3 Servicer": As defined in the preliminary statement
herein.

            "GMACCM 2003-C3 Special Servicer": As defined in the preliminary
statement herein.

            "GMACCM 2003-C3 Trustee": As defined in the preliminary statement
herein.

            "GMACCM Servicing Standard": With respect to the Servicer, if the
Servicer is GMAC Commercial Mortgage Corporation, shall mean the servicing of
the Mortgage Loans (other than the Non-Serviced Mortgage Loans) and the Serviced
Whole Loan by the Servicer on behalf of the Trust solely in the best interests
of and for the benefit of all of the Certificateholders and, with respect to the
Serviced Whole Loan, for the benefit of the Certificateholders and the Serviced
Companion Loan Noteholders (as a collective whole, as determined by the Servicer
in the exercise of its reasonable judgment) in accordance with applicable law,
the terms of this Agreement, the terms of the related Co-Lender Agreement, if
applicable, and the Mortgage Loans and the Serviced Whole Loan, as applicable,
and to the extent not inconsistent with the foregoing, further as follows:

                  (i) with the same care, skill and diligence as is normal and
            usual in its general mortgage servicing and REO Property management
            activities on behalf of third parties or on behalf of itself,
            whichever is higher, with respect to mortgage loans that are
            comparable to those for which it is responsible under this
            Agreement; and

                  (ii) with a view to the timely collection of all scheduled
            payments of principal and interest under the Mortgage Loans and the
            Serviced Whole Loan;

but without regard to (a) any relationship that the Servicer or any Affiliate
thereof may have with the related Borrower; (b) the ownership of any Certificate
or any Non-Serviced Mortgage Loan by the Servicer or by any Affiliate thereof;
(c) the Servicer's obligation to make Advances; and (d) the right of the
Servicer (or any Affiliate thereof) to receive reimbursement of costs, or the
sufficiency of any compensation payable to it, pursuant to this Agreement or
with respect to any particular transaction.

            "Grantor Trust": As defined in the preliminary statement herein.

            "Guarantor": The guarantor under the Guaranty with respect to the
Credit Lease.

            "Guaranty": With respect to the Credit Lease Loan, a guaranty
agreement executed by an affiliate of the related Tenant that guarantees the
Tenant's obligations under the related Credit Lease.

            "Hazardous Materials": Any dangerous, toxic or hazardous pollutants,
chemicals, wastes, or substances, including, without limitation, those so
identified pursuant to the Comprehensive Environmental Response, Compensation
and Liability Act, 42 U.S.C. Section 9601 et seq., or any other environmental
laws now 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.

            "Historical Liquidation Report": A report substantially in the form
of, and containing the information called for in, the downloadable form of the
"Historical Liquidation Report" available as of the Closing Date on the CMSA
Website, or such other form for the presentation of such information and
containing such additional information as may from time to time be promulgated
as recommended by the CMSA for commercial mortgage securities transactions
generally and, insofar as it requires the presentation of information in
addition to that called for by the form of the "Historical Liquidation Report"
available as of the Closing Date on the CMSA Website, is reasonably acceptable
to the Servicer or the Special Servicer, as applicable.

            "Historical Loan Modification and Corrected Mortgage Loan Report": A
report substantially in the form of, and containing the information called for
in, the downloadable form of the "Historical Loan Modification and Corrected
Mortgage Loan Report" available as of the Closing Date on the CMSA Website, or
such other form for the presentation of such information and containing such
additional information as may from time to time be promulgated as recommended by
the CMSA for commercial mortgage securities transactions generally and, insofar
as it requires the presentation of information in addition to that called for by
the form of the "Historical Loan Modification and Corrected Mortgage Loan
Report" available as of the Closing Date on the CMSA Website, is reasonably
acceptable to the Servicer or the Special Servicer, as applicable.

            "Holder": With respect to any Certificate, a Certificateholder; with
respect to any Lower-Tier Regular Interest or the Loan REMIC Regular Interest,
the Trustee; and with respect to the REMIC Residual Interest, the Trustee on
behalf of the Class LR Certificateholders.

            "Indemnified Party": As defined in Section 8.05(d), or Section
8.05(h), as the context requires.

            "Indemnifying Party": As defined in Section 8.05(d), or Section
8.05(h), as the context requires.

            "Independent": When used with respect to any specified Person, any
such Person who (i) does not have any direct financial interest, or any material
indirect financial interest, in any of the Depositor, the Trustee, the Bond
Administrator, the Servicer, the Special Servicer, any Borrower or Manager or
any Affiliate thereof, and (ii) is not connected with any such Person thereof as
an officer, employee, promoter, underwriter, Trustee, Bond Administrator,
partner, director or Person performing similar functions.

            "Independent Contractor": Either (i) any Person that would be an
"independent contractor" with respect to the Trust Fund within the meaning of
Section 856(d)(3) of the Code if the Trust Fund were a real estate investment
trust (except that the ownership tests set forth in that section shall be
considered to be met by any Person that owns, directly or indirectly, 35% or
more of any Class or 35% or more of the aggregate value of all Classes of
Certificates), provided that the Trust Fund does not receive or derive any
income from such Person and the relationship between such Person and the Trust
Fund is at arm's length, all within the meaning of Treasury Regulations Section
1.856-4(b)(5) (except neither the Servicer nor the Special Servicer shall be
considered to be an Independent Contractor under the definition in this clause
(i) unless an Opinion of Counsel (at the expense of the party seeking to be
deemed an Independent Contractor) addressed to the Servicer, the Bond
Administrator and the Trustee has been delivered to the Trustee to that effect)
or (ii) any other Person (including the Servicer and the Special Servicer) if
the Servicer, on behalf of itself, the Trustee and the Bond Administrator, has
received an Opinion of Counsel (at the expense of the party seeking to be deemed
an Independent Contractor) to the effect that the taking of any action in
respect of any REO Property by such Person, subject to any conditions therein
specified, that is otherwise herein contemplated to be taken by an Independent
Contractor will not cause such REO Property to cease to qualify as "foreclosure
property" within the meaning of Section 860G(a)(8) of the Code (determined
without regard to the exception applicable for purposes of Section 860D(a) of
the Code) or cause any income realized in respect of such REO Property to fail
to qualify as Rents from Real Property (provided that such income would
otherwise so qualify).

            "Individual Certificate": Any Certificate in definitive, fully
registered physical form without interest coupons.

            "Initial  Purchasers":  DBS and  ABN  AMRO  Incorporated  or
their respective successors in interest.

            "Initial Resolution Period": As defined in Section 2.03(d).

            "Institutional Accredited Investor": An entity meeting the
requirements of Rule 501(a)(l), (2), (3) or (7) of Regulation D promulgated
under the Act, or an entity in which all the equity owners meet such
requirements.

            "Insurance Proceeds": Proceeds of any fire and hazard insurance
policy, title policy or other insurance policy relating to a Mortgage Loan or
the Serviced Whole Loan (including any amounts paid by the Servicer pursuant to
Section 3.08).

            "Interest Accrual Amount": With respect to any Distribution Date and
any Class of Certificates (other than the Class R and Class LR Certificates), an
amount equal to interest for the related Interest Accrual Period at the
Pass-Through Rate for such Class on the related Certificate Balance or Notional
Balance, as applicable, outstanding immediately prior to such Distribution Date
(provided, that for interest accrual purposes, any distributions in reduction of
Certificate Balance or Notional Balance, as applicable, as a result of
allocations of Realized Losses on the Distribution Date occurring in an Interest
Accrual Period shall be deemed to have been made on the first day of such
Interest Accrual Period) minus the amount of any Excess Prepayment Interest
Shortfall allocated to such Class with respect to such Distribution Date.
Calculations of interest due in respect of the Certificates shall be made on the
basis of a 360-day year consisting of twelve 30-day months.

            "Interest Accrual Period": With respect to any Distribution Date,
the calendar month immediately preceding the month in which such Distribution
Date occurs.

            "Interest Reserve Account": The segregated trust account or
sub-account created and maintained by the Bond Administrator pursuant to Section
3.05(d), which shall be entitled "Wells Fargo Bank, N.A., as Trustee, in trust
for Holders of Deutsche Mortgage & Asset Receiving Corporation, COMM 2004-LNB2
Mortgage Pass-Through Certificates, Interest Reserve Account" and which must be
an Eligible Account or a sub-account of an Eligible Account. The Interest
Reserve Account shall be an asset of the Lower-Tier REMIC.

            "Interested Person": As of any date of determination, the Depositor,
the Servicer, Special Servicer, the Trustee, the Bond Administrator, any
Operating Advisor, any Borrower, any Manager, any Independent Contractor engaged
by the Special Servicer pursuant to Section 3.17, or any Person known to a
Responsible Officer of either the Trustee or the Bond Administrator to be an
Affiliate of any of them.

            "Investment Account": As defined in Section 3.07(a).

            "Investment Representation Letter": As defined in Section
5.02(c)(i)(A).

            "IRS": The Internal Revenue Service.

            "LaSalle": LaSalle Bank National Association, in its capacity as a
Mortgage Loan Seller, and its successors.

            "LaSalle Purchase Agreement": The Mortgage Loan Purchase Agreement,
dated and effective March 17, 2004, between LaSalle and the Depositor.

            "Late Collections": With respect to any Mortgage Loan or Serviced
Whole Loan, all amounts received thereon during any Collection Period (or the
related grace period), whether as payments, Insurance Proceeds, Condemnation
Proceeds, Liquidation Proceeds or otherwise, which represent late payments or
collections of principal or interest due in respect of such Mortgage Loan or
Serviced Whole Loan (without regard to any acceleration of amounts due
thereunder by reason of default) on a Due Date in a previous Collection Period
and not previously recovered. With respect to any REO Loan, all amounts received
in connection with the related REO Property during any Collection Period
(including any grace period applicable under the original Mortgage Loan or
Serviced Whole Loan), whether as Insurance Proceeds, Condemnation Proceeds,
Liquidation Proceeds, REO Proceeds or otherwise, which represent late
collections of principal or interest due or deemed due in respect of such REO
Loan or the predecessor Mortgage Loan or Serviced Whole Loan (without regard to
any acceleration of amounts due under the predecessor Mortgage Loan or Serviced
Whole Loan by reason of default) on a Due Date in a previous Collection Period
and not previously recovered. The term "Late Collections" shall specifically
exclude Penalty Charges.

            "Liquidation Expenses": All customary, reasonable and necessary "out
of pocket" costs and expenses incurred by the Servicer, the Special Servicer,
the Trustee and the Bond Administrator in connection with the liquidation of any
Mortgage Loan or the Serviced Whole Loan or the liquidation of an REO Property
or the sale of any Mortgage Loan pursuant to Section 3.18 or Section 9.01
(including, without limitation, legal fees and expenses, committee or referee
fees, and, if applicable, brokerage commissions, and conveyance taxes).

            "Liquidation Fee": A fee payable to the Special Servicer with
respect to each Mortgage Loan or each Specially Serviced Loan, as applicable, as
to which the Special Servicer receives a full or discounted payoff with respect
thereto from the related Borrower or any Liquidation Proceeds with respect
thereto (in any case, other than amounts for which a Workout Fee has been paid,
or will be payable), equal to the product of the Liquidation Fee Rate and the
proceeds of such full or discounted payoff or the net Liquidation Proceeds (net
of the related costs and expenses associated with the related liquidation)
related to such liquidated or repurchased Mortgage Loan or Specially Serviced
Loan, as the case may be; provided, however, that (a) no such fee shall be
payable with respect to clauses (iii), (v), (vi) or (vii) of the definition of
Liquidation Proceeds and (b) in the case of a final disposition consisting of
the repurchase of a Mortgage Loan (or related REO Loan) by the applicable
Mortgage Loan Seller pursuant to Section 2.03, no such fee shall be paid by a
Mortgage Loan Seller or be due to the Special Servicer if the applicable
Mortgage Loan Seller repurchases such Mortgage Loan within the time period set
forth in Section 2.03 (and giving effect to any applicable extension period
beyond the end of the Initial Resolution Period set forth in Section 2.03) and,
with respect to any Serviced Companion Loan, no such fee shall be due to the
Special Servicer under this Agreement in connection with a repurchase of such
Serviced Companion Loan under the applicable Serviced Companion Loan
Securitization Agreement.

            "Liquidation Fee Rate": A rate equal to 1.0%.

            "Liquidation Proceeds": Cash amounts (other than Insurance Proceeds
and Condemnation Proceeds and REO Revenues) received by or paid to the Servicer
or the Special Servicer in connection with: (i) the liquidation of a Mortgaged
Property or other collateral constituting security for a Defaulted Mortgage
Loan, through trustee's sale, foreclosure sale, REO Disposition or otherwise,
exclusive of any portion thereof required to be released to the related Borrower
in accordance with applicable law and the terms and conditions of the related
Note and Mortgage; (ii) the realization upon any deficiency judgment obtained
against a Borrower; (iii) the purchase of a Defaulted Mortgage Loan by the
Directing Certificateholder, the Special Servicer or the Persons permitted to
purchase the Tysons Corner Center Pari Passu Loans pursuant to Section 3.18;
(iv) the repurchase of a Mortgage Loan (or related REO Loan) by the applicable
Mortgage Loan Seller pursuant to Section 2.03 or of a Serviced Companion Loan by
the seller thereof pursuant to any loan purchase agreement; (v) the purchase of
all the Mortgage Loans and all property acquired in respect of any Mortgage Loan
by the Sole Certificateholder, the Certificateholder owning a majority of the
Percentage Interests in the Controlling Class, the Special Servicer or the
Servicer pursuant to Section 9.01; (vi) in connection with any mezzanine
indebtedness that may exist on a future date, the purchase of the related
Mortgage Loan by a mezzanine lender, to the extent permitted by the related
mezzanine intercreditor agreement or (vii) in the case of a Non-Serviced Whole
Loan, the purchase of the related Mortgage Loan by a Companion Loan Noteholder
or its designee, as applicable, pursuant to the related Co-Lender Agreement (in
each case, with respect to the AFR/Bank of America Portfolio Whole Loan and the
Meadows Mall Whole Loan, to the extent of any portion of such amounts received
by the Trust Fund as holder of the related Mortgage Loan pursuant to the related
Co-Lender Agreement).

            "Loan Agreement": With respect to any Mortgage Loan or the Serviced
Whole Loan, the loan agreement, if any, between the related Originator and the
Borrower, pursuant to which such Mortgage Loan was made.

            "Loan Documents": With respect to any Mortgage Loan or the Serviced
Whole Loan, the documents executed or delivered in connection with the
origination of such Mortgage Loan or Serviced Whole Loan or subsequently added
to the related Mortgage File.

            "Loan Level Reserve/LOC Report": A report substantially in the form
of, and containing the information called for in, the downloadable form of the
"Loan Level Reserve/LOC Report" available as of the Closing Date on the CMSA
Website, or such other final form for the presentation of such information and
containing such additional information as may from time to time be promulgated
as recommended by the CMSA for commercial mortgage securities transactions
generally and, insofar as it requires the presentation of information in
addition to that called for by the form of the "Loan Level Reserve/LOC Report"
available as of the Closing Date on the CMSA Website, is reasonably acceptable
to the Servicer or the Special Servicer, as applicable.

            "Loan Number": With respect to any Mortgage Loan, the loan number by
which such Mortgage Loan was identified on the books and records of the
Depositor or any sub-servicer for the Depositor, as set forth in the Mortgage
Loan Schedule.

            "Loan REMIC": The REMIC that was created by the Loan REMIC
Declaration and that is constituted by the AFR/Bank of America Portfolio
Mortgage Loan, proceeds thereof, a beneficial interest in the applicable portion
of the related "REO Property" under the GMACCM 2003-C3 Pooling and Servicing
Agreement, and amounts with respect thereto held in the Collection Account and
the Distribution Accounts.

            "Loan REMIC Balance": With respect to the Loan REMIC Regular
Interest, as of the Cut-off Date, an amount equal to $85,000,000 and from time
to time, an amount equal to such amount reduced by the amount of distributions
thereon and Realized Losses allocable thereto in all prior periods as described
in Section 4.01(a)(ii) hereof.

            "Loan REMIC Declaration": That certain REMIC Declaration dated as of
December 18, 2003 with respect to the AFR/Bank of America Portfolio Mortgage as
described in the preliminary statement herein.

            "Loan REMIC Interests": The Loan REMIC Regular Interest and the Loan
REMIC Residual Interest.

            "Loan REMIC Loan": The AFR/Bank of America Portfolio Mortgage Loan.

            "Loan REMIC Regular Interest": The uncertificated "regular
interest," within the meaning of Code Section 860G(a)(1), in the Loan REMIC. The
principal balance of the Loan REMIC Regular Interest shall equal the outstanding
Stated Principal Balance of the Loan REMIC Loan (or, if applicable, the deemed
Stated Principal Balance of any successor REO Loan). Payments of principal,
interest (including Default Interest) and prepayment premiums received on or in
respect of the Loan REMIC Loan (or any amount with respect to any related REO
Property) shall be deemed distributable on the Loan REMIC Regular Interest and
other collections of amounts received on or in respect of the Loan REMIC Loan
shall be deemed distributable to the Trust Fund other than on the Loan REMIC
Regular Interest.

            "Loan REMIC Residual Interest": The sole class of "residual
interest," within the meaning of Code Section 860G(a)(2), in the Loan REMIC. The
Loan REMIC Residual Interest shall be beneficially owned by the Holders of the
Class LR Certificates and represented by the Class LR Certificates.

            "Lock-Box Account": With respect to any Mortgaged Property, if
applicable, any account created pursuant to the related Loan Documents to
receive revenues therefrom. Any Lock-Box Account shall be beneficially owned for
federal income tax purposes by the Person who is entitled to receive the
reinvestment income or gain thereon in accordance with the terms and provisions
of the related Mortgage Loan or Serviced Whole Loan and Section 3.07, which
Person shall be taxed on all reinvestment income or gain thereon. The Servicer
shall be permitted to make withdrawals therefrom for deposit into the related
Cash Collateral Accounts in accordance with the terms of the related Mortgage
Loan.

            "Lock-Box Agreement": With respect to any Mortgage Loan or Serviced
Whole Loan, the lock-box agreement, if any, between the related Originator and
the Borrower, pursuant to which the related Lock-Box Account, if any, may have
been established.

            "Lower-Tier Balance": With respect to any Class of Lower-Tier
Regular Interest, initially will equal the original principal balance set forth
in the preliminary statement herein, and from time to time will equal such
amount reduced by the amount of distributions of the Lower-Tier Distribution
Amount allocable to principal and Realized Losses allocable thereto in all prior
periods as described in Section 4.01(a)(ii) hereof.

            "Lower-Tier Distribution Account": The segregated trust account or
sub-account created and maintained by the Bond Administrator pursuant to Section
3.05(b), which shall be entitled "Wells Fargo Bank, N.A., as Trustee, in trust
for Holders of Deutsche Mortgage & Asset Receiving Corporation, COMM 2004-LNB2
Commercial Mortgage Pass-Through Certificates, Lower-Tier Distribution Account"
and which must be an Eligible Account or a sub-account of an Eligible Account.
The Lower-Tier Distribution Account shall be an asset of the Lower-Tier REMIC,
other than with respect to any amount therein representing the proceeds of the
Loan REMIC Residual Interest.

            "Lower-Tier Distribution Amount": As defined in Section 4.01(a)(ii).

            "Lower-Tier Regular Interests": The Class A-1L-1, Class A-1L-2,
Class A-1L-3, Class A-1L-4, Class A-2L-1, Class A-2L-2, Class A-2L-3, Class
A-2L-4, Class A-2L-5, Class A-3L-1, Class A-3L-2, Class A-3L-3, Class A-3L-4,
Class A-3L-5, Class A-4L-1, Class A-4L-2, Class A-4L-3, Class B-L, Class C-L,
Class D-L-1, Class D-L-2, Class D-L-3, Class E-L-1, Class E-L-2, Class E-L-3,
Class F-L-1, Class F-L-2, Class G-L-1, Class G-L-2, Class G-L-3, Class H-L-1,
Class H-L-2, Class J-L-1, Class J-L-2, Class K-L-1, Class K-L-2, Class L-L,
Class M-L, Class N-L, Class O-L and Class P-L Interests, issued by the
Lower-Tier REMIC to the Trustee and held as assets of the Upper-Tier REMIC. Each
Lower-Tier Regular Interest (i) relates to a Class of Principal Balance
Certificates and to a separate Component, (ii) is uncertificated, (iii) has an
initial Lower-Tier Balance equal to the original Lower-Tier Balance set forth in
the preliminary statement herein, (iv) has a Pass-Through Rate equal to the
Weighted Average Net Mortgage Pass-Through Rate (treating for this purpose the
Loan REMIC Regular Interest as a Mortgage Loan), (v) has a "latest possible
maturity date," within the meaning of Treasury Regulations Section 1.860G-1(a),
that is the Rated Final Distribution Date and (vi) is entitled to the
distributions in the amounts and at the times specified in Section 4.01(a)(ii)
and Section 4.01(c).

            "Lower-Tier REMIC": A segregated asset pool within the Trust Fund
consisting of the Mortgage Loans (exclusive of the Loan REMIC Loan), the Loan
REMIC Regular Interest, collections thereon, any REO Property acquired in
respect thereof (and, in the event the Meadows Mall Whole Loan becomes an "REO
Property" under the Wachovia 2003-C9 Pooling and Servicing Agreement, with
respect to the Meadows Mall Mortgage Loan, a beneficial interest in the
applicable portion of such "REO Property"), amounts held from time to time in
the Collection Account and the Lower-Tier Distribution Account, the REO Account,
the Interest Reserve Account and the Excess Liquidation Proceeds Account (to the
extent of the Trust Fund's interest therein) in respect thereof, and all other
property included in the Trust Fund that is not in the Upper-Tier REMIC or the
Grantor Trust.

            "MAI": Member of the Appraisal Institute.

            "Majority Mortgage Loan": Any Mortgage Loan other than the AFR/Bank
of America Portfolio Mortgage Loan.

            "Management Agreement": With respect to any Mortgage Loan or the
Serviced Whole Loan, the Management Agreement, if any, by and between the
Manager and the related Borrower, or any successor Management Agreement between
such parties.

            "Manager": With respect to any Mortgage Loan or the Serviced Whole
Loan, any property manager for the related Mortgaged Properties.

            "Master Servicing Fee": With respect to each Mortgage Loan or
Serviced Companion Loan and for any Distribution Date, an amount per Interest
Accrual Period equal to the product of (i) one-twelfth of the Master Servicing
Fee Rate and (ii) the Stated Principal Balance of such Mortgage Loan or Serviced
Companion Loan as of the Due Date in the immediately preceding Collection Period
(without giving effect to payments of principal on such Mortgage Loan or
Serviced Companion Loan on such Due Date).

            "Master Servicing Fee Rate": With respect to each Mortgage Loan or
Serviced Companion Loan, the amount set forth on Exhibit B-2.

            "Maturity Date": With respect to each Mortgage Loan, the Maturity
Date as set forth on the Mortgage Loan Schedule.

            "Meadows Mall Intercreditor Agreement": With respect to the Meadows
Mall Mortgage Loan and the Meadows Mall Pari Passu Loan, that certain
intercreditor agreement, dated as December 1, 2003, by and among the initial
holder of the Meadows Mall Mortgage Loan and the initial holder of the Meadows
Mall Pari Passu Loan, as from time to time amended, supplemented or modified.

            "Meadows Mall Mortgage Loan": As defined in the preliminary
statement herein.

            "Meadows Mall Nonrecoverable Advance": Any "Nonrecoverable Servicing
Advance" (as defined in the Wachovia 2003-C9 Pooling and Servicing Agreement)
made with respect to the Meadows Mall Mortgage Loan pursuant to and in
accordance with the Wachovia 2003-C9 Pooling and Servicing Agreement.

            "Meadows Mall Pari Passu Loan Noteholder": The holder of the
promissory note for the Meadows Mall Pari Passu Loan.

            "Meadows Mall Pari Passu Loan": As defined in the preliminary
statement herein.

            "Meadows Mall Service Providers": With respect to the Meadows Mall
Pari Passu Loan that has been deposited into the Wachovia 2003-C9 Trust, the
related Other Trustee, Other Servicer, Other Special Servicer and any other
Person that makes principal and/or interest advances in respect of such mortgage
loan pursuant to the Wachovia 2003-C9 Pooling and Servicing Agreement.

            "Meadows Mall Whole Loan": As defined in the preliminary statement
herein.

            "Modified Mortgage Loan": Any Specially Serviced Loan which has been
modified by the Special Servicer pursuant to Section 3.26 in a manner that:

            (a) affects the amount or timing of any payment of principal or
      interest due thereon (other than, or in addition to, bringing current
      Monthly Payments with respect to such Mortgage Loan or Serviced Companion
      Loan), including any reduction in the Monthly Payment;

            (b) except as expressly contemplated by the related Mortgage,
      results in a release of the lien of the Mortgage on any material portion
      of the related Mortgaged Property without a corresponding Principal
      Prepayment in an amount not less than the fair market value (as is), as
      determined by an Appraisal delivered to the Special Servicer (at the
      expense of the related Borrower and upon which the Special Servicer may
      conclusively rely), of the property to be released; or

            (c) in the good faith and reasonable judgment of the Special
      Servicer, otherwise materially impairs the security for such Mortgage Loan
      or Serviced Companion Loan or reduces the likelihood of timely payment of
      amounts due thereon.

            "Monthly Additional Report on Recoveries and Reimbursements": With
respect to the one month period immediately prior to the related Determination
Date, a report, in a format reasonably acceptable to the Servicer, the Special
Servicer, the Bond Administrator and the Trustee and containing the information
set forth on Exhibit T attached hereto with respect to such period, in all cases
both on a loan-by-loan basis and in the aggregate. The preparation of each
Monthly Additional Report on Recoveries and Reimbursements shall constitute a
responsibility of the Servicer and shall not constitute a responsibility of any
other party. Each CMSA Loan Periodic Update File prepared by the Servicer shall
be accompanied by a Monthly Additional Report on Recoveries and Reimbursements;
provided, that the Servicer shall not be responsible for the failure to properly
prepare such report to the extent that such failure is the result of the Special
Servicer's failure to provide information required to be provided by the Special
Servicer hereunder.

            "Monthly Payment": With respect to any Mortgage Loan or Serviced
Companion Loan (other than any REO Loan) and any Due Date, the scheduled monthly
payment of principal, if any, and interest at the Mortgage Rate, excluding any
Balloon Payment (but not excluding any constant Monthly Payment due on a Balloon
Loan), which is payable by the related Borrower on such Due Date under the
related Note. With respect to an REO Loan, the monthly payment that would
otherwise have been payable on the related Due Date had the related Note not
been discharged, determined as set forth in the preceding sentence and on the
assumption that all other amounts, if any, due thereunder are paid when due.

            "Moody's": Moody's Investors Service, Inc., and its successors in
interest.

            "Mortgage": The mortgage, deed of trust or other instrument creating
a first lien on or first priority ownership interest in a Mortgaged Property
securing a Note.

            "Mortgage File": With respect to any Mortgage Loan or Serviced
Companion Loan, collectively, the mortgage documents listed in Section 2.01(i)
through (xxi) pertaining to such particular Mortgage Loan or Serviced Companion
Loan and any additional documents required to be added to such Mortgage File
pursuant to the express provisions of this Agreement.

            "Mortgage Loan": Each of the mortgage loans transferred and assigned
to the Trustee pursuant to Section 2.01 and from time to time held in the Trust
Fund. The mortgage loans originally so transferred, assigned and held are
identified on the Mortgage Loan Schedule as of the Closing Date. Such term shall
include any REO Loan, Specially Serviced Loan or any Mortgage Loan that has been
defeased in whole or in part. Such term shall not include the Serviced Companion
Loans.

            "Mortgage Loan Event of Default": With respect to any Mortgage Loan
or Serviced Companion Loan, an "event of default" under the related Loan
Documents.

            "Mortgage Loan Purchase Agreements": Each of the GACC Purchase
Agreement, the LaSalle Purchase Agreement and the ABN AMRO Bank Purchase
Agreement.

            "Mortgage Loan Schedule": The list of Mortgage Loans included in the
Trust Fund as of the Closing Date being attached hereto as Exhibit B-1, which
list shall set forth the following information with respect to each Mortgage
Loan:

            (a) the loan number;

            (b) the street address (including city, state and zip code) of the
      related Mortgaged Property;

            (c) the Mortgage Rate in effect as of the Cut-off Date;

            (d) the original principal balance;

            (e) the Stated Principal Balance as of the Cut-off Date;

            (f) the Maturity Date for each Mortgage Loan;

            (g) the Due Date;

            (h) the amount of the Monthly Payment due on the first Due Date
      following the Cut-off Date;

            (i) in the case of the Credit Lease Loan, the identity of the Tenant
      and the Guarantor under any applicable Guaranty, and the publicly
      available corporate credit ratings of such Tenant and Guarantor as of the
      Closing Date;

            (j) the Servicing Fee Rate;

            (k) whether the Mortgage Loan is an Actual/360 Mortgage Loan;

            (l) whether such Mortgage Loan has a hard lock-box, a springing hard
      lock-box, a soft-at-closing, springing hard lock-box or no lock-box at
      all; and

            (m) identifying any Mortgage Loans with which any such Mortgage
      Loans are cross-collateralized.

Such list may be in the form of more than one list, collectively setting forth
all of the information required. A comparable list shall be prepared with
respect to each Serviced Companion Loan.

            "Mortgage Loan Sellers": Each of GACC, LaSalle and ABN AMRO Bank.

            "Mortgage Pool": All of the Mortgage Loans and any successor REO
Loans, collectively. The Mortgage Pool does not include the Serviced Companion
Loans or any related REO Loans.

            "Mortgaged Property": The underlying property securing a Mortgage
Loan including any REO Property, consisting of a fee simple estate, and, with
respect to certain Mortgage Loans, a leasehold estate or both a leasehold estate
and a fee simple estate, or a leasehold estate in a portion of the property and
a fee simple estate in the remainder, in a parcel of land improved by a
commercial property, together with any personal property, fixtures, leases and
other property or rights pertaining thereto.

            "Mortgage Rate": With respect to each Mortgage Loan or Serviced
Companion Loan and any Interest Accrual Period, the annual rate at which
interest accrues on such Mortgage Loan or Serviced Companion Loan during such
period (in the absence of a default), as set forth on the Mortgage Loan
Schedule, as applicable. The "Mortgage Rate" for purposes of calculating the Net
Mortgage Pass-Through Rate and the Weighted Average Net Mortgage Pass-Through
Rate (and the rate of the Loan REMIC Regular Interest in the case of the
AFR/Bank of America Portfolio Mortgage Loan) shall be the Mortgage Rate of such
Mortgage Loan or Serviced Companion Loan without giving effect to any Default
Rate and without taking into account any reduction in the interest rate by a
bankruptcy court pursuant to a plan of reorganization or pursuant to any of its
equitable powers or a reduction in interest or principal due to a modification
pursuant to Section 3.30 hereof.

            "Net Condemnation Proceeds": Condemnation Proceeds, to the extent
such proceeds are not to be applied to the restoration, preservation or repair
of the related Mortgaged Property or released to the Borrower in accordance with
the express requirements of the Mortgage or Note or other documents included in
the Mortgage File or in accordance with the Servicing Standard.

            "Net Default Interest": With respect to any Distribution Date, an
amount equal to the sum of (i) the amount of the aggregate collected Default
Interest allocable to the Mortgage Loans received during the preceding
Collection Period, minus (ii) any portions thereof withdrawn (A) from the
Collection Account pursuant to Section 3.06(b)(ix) for Advance Interest Amounts
and unreimbursed Additional Trust Fund Expenses incurred during such Collection
Period and (B) from the Serviced Whole Loan Collection Account pursuant to
Section 3.06(c)(ix) for Advance Interest Amounts and unreimbursed Additional
Trust Fund Expenses incurred during such Collection Period.

            "Net Income": With respect to any REO Property, all income received
in connection with such REO Property, less any operating expenses, including,
but not limited to, utilities, real estate taxes, property management fees,
insurance premiums, leasing commission fees, expenses for maintenance and
repairs and any other capital expenses directly related to such REO Property and
permitted to be incurred under this Agreement.

            "Net Insurance Proceeds": Insurance Proceeds, to the extent such
proceeds are not to be applied to the restoration of the related Mortgaged
Property or released to the Borrower in accordance with the express requirements
of the Mortgage or Note or other documents included in the Mortgage File or in
accordance with prudent and customary servicing practices.

            "Net Liquidation Proceeds": The Liquidation Proceeds received with
respect to any Mortgage Loan or the Serviced Whole Loan net of the amount of (i)
Liquidation Expenses incurred with respect thereto and, (ii) with respect to
proceeds received in connection with the taking of a Mortgaged Property (or
portion thereof) by the power of eminent domain in condemnation, amounts
required to be applied to the restoration or repair of the related Mortgaged
Property.

            "Net Mortgage Pass-Through Rate": With respect to any Majority
Mortgage Loan, the Serviced Companion Loan or the Loan REMIC Regular Interest
and any Distribution Date, the per annum rate equal to the Mortgage Rate for
such Mortgage Loan, Serviced Companion Loan or the Loan REMIC Regular Interest,
minus, for any such Mortgage Loan, Serviced Companion Loan or the Loan REMIC
Regular Interest, the aggregate of the applicable Servicing Fee Rate (in the
case of the Loan REMIC Regular Interest and the Meadows Mall Mortgage Loan, the
applicable Servicing Fee Rate and the servicing fee rate pursuant to the related
Other Pooling and Servicing Agreement) and Trustee Fee Rate; provided, however,
that for purposes of calculating Pass-Through Rates, the Net Mortgage
Pass-Through Rate for any Majority Mortgage Loan, Serviced Companion Loan or the
Loan REMIC Regular Interest will be determined without regard to any
modification, waiver or amendment of the terms of such Majority Mortgage Loan,
Serviced Companion Loan or Loan REMIC Regular Interest, whether agreed to by the
Servicer or resulting from a bankruptcy, insolvency or similar proceeding
involving the Borrower.

            Notwithstanding the foregoing, if any such Majority Mortgage Loan,
Serviced Companion Loan or the Loan REMIC Regular Interest does not accrue
interest on the basis of a 360-day year consisting of twelve 30-day months, then
the "Net Mortgage Pass-Through Rate" of such Majority Mortgage Loan, Serviced
Companion Loan or the Loan REMIC Regular Interest for any Interest Accrual
Period will be the annualized rate at which interest would have to accrue in
respect of such Majority Mortgage Loan, Serviced Companion Loan or the Loan
REMIC Regular Interest on the basis of a 360-day year consisting of twelve
30-day months in order to produce the aggregate amount of interest actually
accrued in respect of such Majority Mortgage Loan, Serviced Companion Loan or
the Loan REMIC Regular Interest at the related Mortgage Rate less the Servicing
Fee Rate and the Trustee Fee Rate during such Interest Accrual Period; provided,
however, that with respect to each such Majority Mortgage Loan, Serviced
Companion Loan or the Loan REMIC Regular Interest, the Mortgage Rate for the
one-month period (i) preceding the Due Dates in (a) January and February in each
year that is not a leap year or (b) February only in each year that is a leap
year will be determined exclusive of the amounts withheld from that month and
(ii) preceding the Due Date in March, will be determined inclusive of the
amounts withheld from the immediately preceding February and, if applicable,
January.

            "Net Prepayment Interest Excess": The excess amount, if any, that
the aggregate of all Prepayment Interest Excess for all Mortgage Loans exceeds
the aggregate of all Prepayment Interest Shortfalls for all Mortgage Loans as of
any Distribution Date.

            "Net Prepayment Interest Shortfall": Means the amount, if any, that
the aggregate of Prepayment Interest Shortfalls for all Mortgage Loans that are
not Specially Serviced Loans exceed the Prepayment Interest Excess for such
Mortgage Loans as of any Distribution Date.

            "Net REO Proceeds": With respect to each REO Property, REO Proceeds
with respect to such REO Property net of any insurance premiums, taxes,
assessments and other costs and expenses permitted to be paid therefrom pursuant
to Section 3.17(b) of this Agreement.

            "New Lease": Any lease of REO Property entered into on behalf of the
Loan REMIC or the Lower-Tier REMIC if such REMIC has the right to renegotiate
the terms of such lease, including any lease renewed or extended on behalf of
the REMIC.

            "NOI Adjustment Worksheet": A report substantially in the form of,
and containing the information called for in, the downloadable form of the "NOI
Adjustment Worksheet" available as of the Closing Date on the CMSA Website, or
such other form for the presentation of such information and containing such
additional information as may from time to time be promulgated as recommended by
the CMSA for commercial mortgage securities transactions generally and, insofar
as it requires the presentation of information in addition to that called for by
the form of the "NOI Adjustment Worksheet" available as of the Closing Date on
the CMSA Website, is acceptable to the Servicer or the Special Servicer, as
applicable.

            "Non-Serviced Mortgage Loan Service Providers": The AFR/Bank of
America Portfolio Service Providers and the Meadows Mall Service Providers, as
the context may require.

            "Non-Serviced Mortgage Loan": The AFR/Bank of America Portfolio
Mortgage Loan and the Meadows Mall Mortgage Loan, as the context may require.

            "Non-Serviced Whole Loan": The AFR/Bank of America Portfolio Whole
Loan and the Meadows Mall Whole Loan, as the context may require.

            "Non-U.S. Person": A person that is not a U.S. Person.

            "Nonrecoverable Advance": (a) Any Nonrecoverable P&I Advance or
Nonrecoverable Property Advance, (b) the AFR/Bank of America Portfolio
Nonrecoverable Advances and (c) the Meadows Mall Nonrecoverable Advances.
Workout-Delayed Reimbursement Amounts shall constitute a Nonrecoverable Advance
only when the Person making such determination in accordance with the procedures
specified in the definition of Nonrecoverable P&I Advance or Nonrecoverable
Property Advance, as applicable, and taking into account factors such as all
other outstanding Advances, has determined that such Workout-Delayed
Reimbursement Amounts, together with any accrued and unpaid interest thereon,
would not ultimately be recoverable from Late Collections or any other recovery
on or in respect of (i) with respect to Nonrecoverable P&I Advances, general
collections on the related Mortgage Loans and REO Loans and (ii) with respect to
Nonrecoverable Property Advances, the general collections on the related
Mortgage Loans (or if applicable, the Serviced Whole Loan) and REO Loans.

            "Nonrecoverable P&I Advance": Any P&I Advance previously made or
proposed to be made in respect of a Mortgage Loan or REO Loan which, in the
reasonable judgment of the Servicer, the Special Servicer or the Trustee, as
applicable, would not be ultimately recoverable, together with any accrued and
unpaid interest thereon, from late payments, Condemnation Proceeds, Insurance
Proceeds, Liquidation Proceeds and other collections on or in respect of the
related Mortgage Loan or REO Loan, which shall be evidenced by an officer
certificate as provided by Section 4.07(c). In the case of a
cross-collateralized Mortgage Loan, such recoverability determination shall take
into account the cross collateralization of the related cross-collateralized
Mortgage Loan.

            "Nonrecoverable Property Advance": Any Property Advance previously
made or proposed to be made in respect of a Mortgage Loan (other than the
Meadows Mall Mortgage Loan and the AFR/Bank of America Portfolio Mortgage Loan)
or the Serviced Whole Loan or any REO Property that, in the reasonable judgment
of the Servicer, the Special Servicer or the Trustee, as applicable, would not
be ultimately recoverable, together with any accrued and unpaid interest
thereon, from late payments, Condemnation Proceeds, Insurance Proceeds,
Liquidation Proceeds and other collections on or in respect of the related
Mortgage Loan, REO Loan or Serviced Whole Loan, which shall be evidenced by an
officer certificate as provided by Section 3.24(d). The determination as to the
recoverability of any property advance previously made or proposed to be made in
respect of (i) the AFR/Bank of America Portfolio Whole Loan shall be made by the
GMACCM 2003-C3 Servicer, pursuant to the GMACCM 2003-C3 Pooling and Servicing
Agreement and (ii) the Meadows Mall Whole Loan shall be made by the Wachovia
2003-C9 Servicer, pursuant to the Wachovia 2003-C9 Pooling and Servicing
Agreement. Any such determination made by the GMACCM 2003-C3 Servicer or the
Wachovia 2003-C9 Servicer, as applicable, shall be conclusive and binding on the
Certificateholders and may, in all cases, be conclusively relied upon by the
Servicer, the Special Servicer and the Trustee, as applicable. In the case of a
cross-collateralized Mortgage Loan, such recoverability determination shall take
into account the cross collateralization of the related cross-collateralized
Mortgage Loan.

            "Note": With respect to any Mortgage Loan or Serviced Companion Loan
as of any date of determination, the note or other evidence of indebtedness
and/or agreements evidencing the indebtedness of a Borrower under such Mortgage
Loan, or Serviced Companion Loan including any amendments or modifications, or
any renewal or substitution notes, as of such date.

            "Notice of  Termination":  Any of the  notices  given to the
Trustee,  the Bond  Administrator  and the  Servicer by the  Certificateholder
owning a majority of the Percentage  Interests in the Controlling  Class,  the
Special Servicer or the Servicer pursuant to Section 9.01(c).

            "Notional Amount" or "Notional Balance": As of any date of
determination: (i) with respect to all of the Class X-1 Certificates as a Class,
the Class X-1 Notional Amount as of such date of determination; (ii) with
respect to any Class X-1 Certificate, the product of the Percentage Interest
evidenced by such Certificate and the Class X-1 Notional Amount as of such date
of determination; (iii) with respect to all of the Class X-2 Certificates as a
Class, the Class X-2 Notional Amount as of such date of determination; (iv) with
respect to any Class X-2 Certificate, the product of the Percentage Interest
evidenced by such Certificate and the Class X-2 Notional Amount as of such date
of determination; and (v) with respect to any Component, as set forth in the
definition of such Component.

            "Officers' Certificate": A certificate signed by the Chairman of the
Board, the Vice Chairman of the Board, the President or a Vice President
(however denominated) and by the Treasurer, the Secretary, one of the Assistant
Treasurers or Assistant Secretaries, any Trust Officer or other officer of the
Servicer or Special Servicer customarily performing functions similar to those
performed by any of the above designated officers, any Servicing Officer and
also with respect to a particular matter, any other officer to whom such matter
is referred because of such officer's knowledge of and familiarity with the
particular subject, or an authorized officer of the Depositor, and delivered to
the Depositor, the Trustee, the Bond Administrator or the Servicer, as the case
may be.

            "Operating Statement Analysis Report": A report substantially in the
form of, and contain the information called for in, the downloadable form of the
"Operating Statement Analysis Report" available as of the Closing Date on the
CMSA Website or in such other form for the presentation of such information and
containing such additional information as may from time to time be promulgated
as recommended by the CMSA for commercial mortgage-backed securities
transactions generally and, insofar as it requires the presentation of
information in addition to that called for by the form of the "Operating
Statement Analysis Report" available as of the Closing Date on the CMSA Website,
is reasonably acceptable to the Servicer or the Special Servicer, as applicable.

            "Opinion of Counsel": A written opinion of counsel, who may, without
limitation, be counsel for the Depositor, the Special Servicer or the Servicer,
as the case may be, acceptable to the Bond Administrator and the Trustee, except
that any opinion of counsel relating to (a) qualification of the Upper-Tier
REMIC or the Lower-Tier REMIC or the Loan REMIC as a REMIC or the imposition of
tax under the REMIC Provisions on any income or property of any REMIC, (b)
compliance with the REMIC Provisions (including application of the definition of
"Independent Contractor"), (c) qualification of the Grantor Trust as a grantor
trust or (d) a resignation of the Servicer or the Special Servicer pursuant to
Section 6.04, must be an opinion of counsel who is Independent of the Depositor
and the Servicer.

            "Originator": Any of (i) the Mortgage Loan Sellers, and (ii) with
respect to any Mortgage Loan acquired by a Mortgage Loan Seller, the originator
of such Mortgage Loan.

            "Other Depositor": With respect to each Other Pooling and Servicing
Agreement, the related depositor thereunder.

            "Other Indemnified Parties": As defined in Section 6.07.

            "Other Pooling and Servicing Agreement": Any of the GMACCM 2003-C3
Pooling and Servicing Agreement, the Wachovia 2003-C9 Pooling and Servicing
Agreement or a Serviced Companion Loan Securitization Agreement, as applicable,
each as from time to time amended, supplemented or modified.

            "Other Servicer": With respect to each Other Pooling and Servicing
Agreement, the related master servicer thereunder.

            "Other Special Servicer": With respect to each Other Pooling and
Servicing Agreement, the related special servicer thereunder.

            "Other  Trustee":  With  respect to each Other  Pooling  and
Servicing Agreement, the related trustee thereunder.

            "Ownership Interest": Any record or beneficial interest in a Class R
or Class LR Certificate.

            "P&I Advance": As to any Mortgage Loan, any advance made by the
Servicer or the Trustee pursuant to Section 4.07. Each reference to the payment
or reimbursement of a P&I Advance shall be deemed to include, whether or not
specifically referred to and without duplication, payment or reimbursement of
interest thereon at the Advance Rate from and including the date of the making
of such P&I Advance to and including the date of payment or reimbursement.

            "P&I Advance Determination Date": With respect to any Distribution
Date, the second Business Day prior to such Distribution Date.

            "Paid After Determination Date Report": An electronic report setting
forth, on a loan by loan basis, all payments due during a Collection Period but
received after the Determination Date for such Collection Period, in a form
agreed to by the Servicer and the Directing Certificateholder.

            "Pass-Through Rate": With respect to each Class of Certificates
(other than the Class R and Class LR Certificates), the Pass-Through Rate for
such Class as set forth below:

     Class             Pass-Through Rate
------------    -----------------------------
Class A-1        Class A-1 Pass-Through Rate
Class A-2        Class A-2 Pass-Through Rate
Class A-3        Class A-3 Pass-Through Rate
Class A-4        Class A-4 Pass-Through Rate
Class X-1        Class X-1 Pass-Through Rate
Class X-2        Class X-2 Pass-Through Rate
Class B          Class B Pass-Through Rate
Class C          Class C Pass-Through Rate
Class D          Class D Pass-Through Rate
Class E          Class E Pass-Through Rate
Class F          Class F Pass-Through Rate
Class G          Class G Pass-Through Rate
Class H          Class H Pass-Through Rate
Class J          Class J Pass-Through Rate
Class K          Class K Pass-Through Rate
Class L          Class L Pass-Through Rate
Class M          Class M Pass-Through Rate
Class N          Class N Pass-Through Rate
Class O          Class O Pass-Through Rate
Class P          Class P Pass-Through Rate

            With respect to each Class of Lower-Tier Regular Interests, the
Weighted Average Net Mortgage Pass-Through Rate. With respect to the Loan REMIC
Regular Interest, the Mortgage Rate of the Loan REMIC Loan. The Pass-Through
Rate for each Component shall equal the Pass-Through Rate for the Corresponding
Certificate.

            "Paying Agent": The paying agent appointed pursuant to Section 5.04.

            "Penalty Charges": With respect to any Mortgage Loan or Serviced
Companion Loan (or successor REO Loan), any amounts collected thereon that
represent late payment charges or Default Interest, other than a Yield
Maintenance Charge.

            "Percentage Interest": As to any Certificate, the percentage
interest evidenced thereby in distributions required to be made with respect to
the related Class. With respect to any Certificate (except the Class R and Class
LR Certificates), the percentage interest is equal to the initial denomination
of such Certificate divided by the initial Certificate Balance or Notional
Balance, as applicable, of such Class of Certificates. With respect to any Class
R or Class LR Certificate, the percentage interest is set forth on the face
thereof.

            "Performing Loan": A Mortgage Loan or the Serviced Whole Loan that
is not a Specially Serviced Loan.

            "Permitted Investments": Any one or more of the following
obligations or securities payable on demand or having a scheduled maturity on or
before the Business Day preceding the date upon which such funds are required to
be drawn, regardless of whether issued by the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator or any of their respective
Affiliates and having at all times the required ratings, if any, provided for in
this definition, unless each Rating Agency shall have confirmed in writing to
the Servicer that a lower rating would not, in and of itself, result in a
downgrade, qualification or withdrawal of the then-current ratings assigned to
the Certificates or Serviced Companion Loan Securities (provided, however, if
any of the following obligations or securities is not rated by DBRS, then no
confirmation will be required from DBRS so long as such obligation or security
has the required ratings, if any, by two nationally-recognized statistical
rating organizations):

            (a) direct obligations of, or obligations fully guaranteed as to
      payment of principal and interest by, the United States or any agency or
      instrumentality thereof provided such obligations are backed by the full
      faith and credit of the United States of America including, without
      limitation, obligations of the U.S. Treasury (all direct or fully
      guaranteed obligations), the Farmers Home Administration (certificates of
      beneficial ownership), the General Services Administration (participation
      certificates), the U.S. Maritime Administration (guaranteed Title XI
      financing), the Small Business Administration (guaranteed participation
      certificates and guaranteed pool certificates), the U.S. Department of
      Housing and Urban Development (local authority bonds) and the Washington
      Metropolitan Area Transit Authority (guaranteed transit bonds); provided,
      however, that each investment described in this clause must (A) have a
      predetermined fixed dollar amount of principal due at maturity, which
      cannot vary or change, (B) if bearing a variable rate of interest, have
      its interest rate tied to a single interest rate index plus a fixed spread
      (if any) and move proportionately with that index, and (C) not be subject
      to liquidation prior to its maturity;

            (b) Federal Housing Administration debentures;

            (c) obligations of the following United States government sponsored
      agencies: Federal Home Loan Mortgage Corp. (debt obligations), the Farm
      Credit System (consolidated systemwide bonds and notes), the Federal Home
      Loan Banks (consolidated debt obligations), the Federal National Mortgage
      Association (debt obligations), the Student Loan Marketing Association
      (debt obligations), the Financing Corp. (debt obligations), and the
      Resolution Funding Corp. (debt obligations); provided, however, that each
      investment described in this clause must (A) have a predetermined fixed
      dollar amount of principal due at maturity, which cannot vary or change,
      (B) if bearing a variable rate of interest, its interest rate tied to a
      single interest rate index plus a fixed spread (if any) and move
      proportionately with that index, and (C) not be subject to liquidation
      prior to their maturity;

            (d) federal funds, unsecured certificates of deposit, time or
      similar deposits, bankers' acceptances and repurchase agreements, with
      maturities of not more than 365 days, of any bank, the short term
      obligations of which are rated in the highest short term rating category
      by each Rating Agency or, if not rated by S&P, Fitch or DBRS, otherwise
      acceptable to S&P, Fitch or DBRS, as applicable, as confirmed in writing
      that such investment would not, in and of itself, result in a downgrade,
      qualification or withdrawal of the then-current ratings assigned to the
      Certificates or Serviced Companion Loan Securities; provided, however,
      that the investment described in this clause must (A) have a predetermined
      fixed dollar amount of principal due at maturity, which cannot vary or
      change, (B) if bearing a variable rate of interest, have its interest rate
      tied to a single interest rate index plus a fixed spread (if any) and move
      proportionately with that index, and (C) not be subject to liquidation
      prior to its maturity;

            (e) fully Federal Deposit Insurance Corporation-insured demand and
      time deposits in, or certificates of deposit of, or bankers' acceptances
      issued by, any bank or trust company, savings and loan association or
      savings bank, and, if such demand and time deposits in, or certificates of
      deposit of, or bankers' acceptances are not fully insured by the Federal
      Deposit Insurance Corporation, the short term obligations of such bank or
      trust company, savings and loan association or savings bank are rated in
      the highest short term rating category by each Rating Agency or, if not
      rated by S&P, Fitch or DBRS, otherwise acceptable to S&P, Fitch or DBRS,
      as applicable, as confirmed in writing that such investment would not, in
      and of itself, result in a downgrade, qualification or withdrawal of the
      then-current ratings assigned to the Certificates or Serviced Companion
      Loan Securities; provided, however, that each investment described in this
      clause must (A) have a predetermined fixed dollar amount of principal due
      at maturity, which cannot vary or change, (B) if bearing a variable rate
      of interest, its interest rate tied to a single interest rate index plus a
      fixed spread (if any) and move proportionately with that index, and (C)
      not be subject to liquidation prior to their maturity;

            (f) debt obligations with maturities of not more than 365 days rated
      in the highest long-term unsecured rating category by each Rating Agency
      or, if not rated by S&P, Fitch or DBRS, otherwise acceptable to S&P, Fitch
      or DBRS, as applicable, as confirmed in writing that such investment would
      not, in and of itself, result in a downgrade, qualification or withdrawal
      of the then-current ratings assigned to the Certificates or Serviced
      Companion Loan Securities; provided, however, that each investment
      described in this clause must (A) have a predetermined fixed dollar amount
      of principal due at maturity, which cannot vary or change, (B) if bearing
      a variable rate of interest, have its interest rate tied to a single
      interest rate index plus a fixed spread (if any) and move proportionately
      with that index, and (C) not be subject to liquidation prior to its
      maturity;

            (g) commercial paper (including both non-interest-bearing discount
      obligations and interest-bearing obligations payable on demand or on a
      specified date not more than one year after the date of issuance thereof)
      with maturities of not more than 365 days and that is rated in the highest
      short-term unsecured debt rating by each Rating Agency or, if not rated by
      S&P, Fitch or DBRS, otherwise acceptable to S&P, Fitch or DBRS, as
      applicable, as confirmed in writing that such investment would not, in and
      of itself, result in a downgrade, qualification or withdrawal of the
      then-current ratings assigned to the Certificates or Serviced Companion
      Loan Securities; provided, however, that each investment described in this
      clause must (A) have a predetermined fixed dollar amount of principal due
      at maturity, which cannot vary or change, (B) if bearing a variable rate
      of interest, have its interest rate tied to a single interest rate index
      plus a fixed spread (if any) and move proportionately with that index, and
      (C) not be subject to liquidation prior to their maturity;

            (h) units of taxable money market mutual funds, issued by regulated
      investment companies, which seek to maintain a constant net asset value
      per share (including the Federated Prime Obligation Money Market Fund (the
      "Fund")) so long as any such fund is rated in the highest short-term
      unsecured debt ratings category by each Rating Agency or, if not rated by
      S&P, Fitch or DBRS, otherwise acceptable to S&P, Fitch or DBRS, as
      applicable, as confirmed in writing that such investment would not, in and
      of itself, result in a downgrade, qualification or withdrawal of the
      then-current ratings assigned to the Certificates or Serviced Companion
      Loan Securities; and

            (i) any other demand, money market or time deposit, demand
      obligation or any other obligation, security or investment, provided that
      each Rating Agency has confirmed in writing to the Servicer, Special
      Servicer, Trustee or the Bond Administrator, as applicable, that such
      investment would not, in and of itself, result in a downgrade,
      qualification or withdrawal of the then-current ratings assigned to the
      Certificates or Serviced Companion Loan Securities.

provided, however, that no instrument or security shall be a Permitted
Investment (a) unless such instrument is a "cash flow investment" earning a
passive return in the nature of interest pursuant to Code Section 860G(a)(6) or
(b) if (i) such instrument or security evidences a right to receive only
interest payments or (ii) the right to receive principal and interest payments
derived from the underlying investment provides a yield to maturity in excess of
120% of the yield to maturity at par of such underlying investment or (c) if it
may be redeemed of a price below the purchase price. No Permitted Investment may
be purchased at a price in excess of par or sold prior to maturity if such sale
would result in a loss of principal or a tax on a prohibited transaction under
Section 860F of the Code.

            "Permitted Transferee": With respect to a Class R or Class LR
Certificate, any Person or agent thereof that is a Qualified Institutional
Buyer, an Affiliated Person or an Institutional Accredited Investor, other than
(a) a Disqualified Organization, (b) any other Person so designated by the
Certificate Registrar who is unable to provide an Opinion of Counsel (provided
at the expense of such Person or the Person requesting the Transfer) to the
effect that the Transfer of an Ownership Interest in any Class R or Class LR
Certificate to such Person will not cause the Upper-Tier REMIC, the Lower-Tier
REMIC or the Loan REMIC to fail to qualify as a REMIC at any time that the
Certificates are outstanding, (c) a Person that is a Disqualified Non-U.S.
Person and (d) a Plan or any Person investing the assets of a Plan.

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

            "Plan": As defined in Section 5.02(k).

            "Prepayment Assumption": The assumption that each Mortgage Loan does
not prepay prior to its respective Maturity Date.

            "Prepayment Date": As defined in Section 2.03(d).

            "Prepayment Interest Excess": With respect to any Distribution Date,
the aggregate amount, with respect to all Mortgage Loans that were subject to
Principal Prepayment in full or in part, or as to which Insurance Proceeds,
Liquidation Proceeds or Condemnation Proceeds, as applicable, were received by
the Servicer or Special Servicer for application to such Mortgage Loans, in each
case after the Due Date in the month of such Distribution Date and on or prior
to the related Determination Date, the amount of interest accrued at the
Mortgage Rate for such Mortgage Loans on the amount of such Principal
Prepayments, Insurance Proceeds, Liquidation Proceeds and Condemnation Proceeds
after the Due Date relating to such Collection Period and accruing in the manner
set forth in the related Loan Documents, to the extent such interest is
collected by the Servicer or the Special Servicer (without regard to any
Prepayment Premium or Yield Maintenance Charge actually collected).

            "Prepayment Interest Shortfall": With respect to any Distribution
Date, for each Mortgage Loan that was subject to a Principal Prepayment in full
or in part and which did not include a full month's interest, or as to which
Insurance Proceeds, Liquidation Proceeds or Condemnation Proceeds, as
applicable, were received by the Servicer or Special Servicer for application to
such Mortgage Loan, in each case after the Due Date in the calendar month
preceding such Distribution Date but prior to the Due Date in the related
Collection Period, the amount of interest that would have accrued at the Net
Mortgage Pass-Through Rate for such Mortgage Loan on the amount of such
Principal Prepayment, Insurance Proceeds or Condemnation Proceeds during the
period commencing on the date as of which such Principal Prepayment, Insurance
Proceeds, Liquidation Proceeds or Condemnation Proceeds, as applicable, were
applied to the unpaid principal balance of the Mortgage Loan and ending on (and
including) the day immediately preceding such Due Date (without regard to any
Prepayment Premium or Yield Maintenance Charge actually collected). A Prepayment
Interest Shortfall in respect of the AFR/Bank of America Portfolio Mortgage Loan
shall be a Prepayment Interest Shortfall in respect of the Loan REMIC Regular
Interest.

            "Prepayment Premium": Any premium, fee or other additional amount
(other than a Yield Maintenance Charge) paid or payable on a Mortgage Loan or
Serviced Companion Loan by a Borrower as the result of a Principal Prepayment
thereon, not otherwise due thereon, in respect of principal or interest, which
is intended to compensate the holder of the related Note for prepayment.

            "Primary Servicing Fee Rate": With respect to each Mortgage Loan
(other than the Non-Serviced Mortgage Loans) or Serviced Companion Loan, the
amount set forth on Exhibit B-2.

            "Prime Rate": The "Prime Rate" as published in the "Money Rates"
section of The Wall Street Journal (or, if such section or publication is no
longer available, such other comparable publication as determined by the Bond
Administrator in its reasonable discretion) as may be in effect from time to
time, or, if the "Prime Rate" no longer exists, such other comparable rate (as
determined by the Bond Administrator in its reasonable discretion) as may be in
effect from time to time. The Bond Administrator shall notify in writing both
the Servicer and the Special Servicer with regard to any determination of the
Prime Rate in accordance with the parenthetical in the preceding sentence.

            "Principal Allocation Fraction": With respect to any Distribution
Date, each of Class A-1, Class A-2, Class A-3, Class A-4, Class B, Class C,
Class D, Class E, Class F, Class G and Class H Certificates and any Prepayment
Premiums or Yield Maintenance Charges collected, a fraction the numerator of
which is the Principal Distribution Amount allocable to such Class of
Certificate for such Distribution Date and the denominator of which is the
Principal Distribution Amount for all Classes of Certificates for such
Distribution Date.

            "Principal Balance Certificate": The Class A-1, Class A-2, Class
A-3, Class A-4, Class B, Class C, Class D, Class E, Class F, Class G, Class H,
Class J, Class K, Class L, Class M, Class N, Class O and Class P Certificates.

            "Principal Distribution Amount": For any Distribution Date, an
amount equal to (i) the sum of:

            (a) the principal component of all scheduled Monthly Payments (other
      than Balloon Payments) due on the Mortgage Loans on or before the related
      Due Date (if received or advanced);

            (b) the principal component of all Assumed Scheduled Payments due on
      or before the related Due Date (if received or advanced) with respect to
      any Mortgage Loan that is delinquent in respect of its Balloon Payment;

            (c) the Stated Principal Balance of each Mortgage Loan that was,
      during the related Collection Period, repurchased from the Trust Fund in
      connection with a Breach or Defect pursuant to Section 2.03, purchased
      pursuant to Section 3.18, or purchased from the Trust Fund pursuant to
      Section 9.01;

            (d) the portion of Unscheduled Payments allocable to principal of
      any Mortgage Loan that was liquidated during the related Collection
      Period;

            (e) the principal component of all Balloon Payments and any other
      principal payment on any Mortgage Loan received on or after the Maturity
      Date thereof, to the extent received during the related Collection Period;

            (f) all other Principal Prepayments on Mortgage Loans received in
      the related Collection Period; and

            (g) any other full or partial recoveries in respect of principal of
      Mortgage Loans, including Insurance Proceeds, Liquidation Proceeds and Net
      REO Proceeds received in the related Collection Period,

      as reduced by (ii) any (1) Nonrecoverable Advances plus interest on such
      Nonrecoverable Advances that are paid or reimbursed from principal
      collections on the Mortgage Loans or, with respect to Property Advances,
      the Serviced Whole Loan, in a period during which such principal
      collections would have otherwise been included in the Principal
      Distribution Amount for such Distribution Date and (2) Workout-Delayed
      Reimbursement Amounts that were paid or reimbursed from principal
      collections on the Mortgage Loans or, with respect to Property Advances,
      the Serviced Whole Loan, in a period during which such principal
      collections would have otherwise been included in the Principal
      Distribution Amount for such Distribution Date (provided, that, in the
      case of clauses (1) and (2) above, if any of the amounts that were
      reimbursed from principal collections on the Mortgage Loans or, with
      respect to Property Advances, the Serviced Whole Loan, are subsequently
      recovered on the related Mortgage Loan or, with respect to Property
      Advances, the Serviced Whole Loan, such recovery will increase the
      Principal Distribution Amount for the Distribution Date related to the
      period in which such recovery occurs).

The principal component of the amounts set forth above shall be determined in
accordance with Section 1.02 hereof.

            "Principal Prepayment": Any payment of principal made by a Borrower
on a Mortgage Loan or Serviced Companion Loan which is received in advance of
its scheduled Due Date and which is not accompanied by an amount of interest
representing the full amount of scheduled interest due on any date or dates in
any month or months subsequent to the month of prepayment.

            "Private Global Certificate": Each of the Regulation S Global
Certificates or Rule 144A Global Certificates with respect to the Class X-1,
Class X-2, Class F, Class G, Class H, Class J, Class K, Class L, Class M, Class
N, Class O and Class P Certificates if and so long as such class of Certificates
is registered in the name of a nominee of the Depository.

            "Private Placement Memorandum": Means the Private Placement
Memorandum, dated February 27, 2004, pursuant to which the Class X-1, Class X-2,
Class F, Class G, Class H, Class J, Class K, Class L, Class M, Class N, Class O
and Class P Certificates will be offered for sale.

            "Privileged Person": Means a party to this Agreement, a Rating
Agency, a designee of the Depositor (including any financial market publisher),
the initial Directing Certificateholder, each Underwriter and any other person
who delivers to the Bond Administrator in the form attached hereto as Exhibit L
(which form may be provided by the Bond Administrator upon request), a
certification that such person is a Certificateholder, a Certificate Owner of a
Certificate or a prospective purchaser of a Certificate.

            "Property Advance": As to any Mortgage Loan (other than any
Non-Serviced Mortgage Loan) or the Serviced Whole Loan, any advance made by the
Servicer, the Special Servicer or the Trustee, as applicable, in respect of
Property Protection Expenses or any expenses incurred to protect, preserve and
enforce the security for a Mortgage Loan or the Serviced Whole Loan or to pay
taxes and assessments or insurance premiums with respect to the related
Mortgaged Property, to the extent the making of any such advance is specifically
provided for in this Agreement, including, but not limited to, as provided in
Section 3.04 and Section 3.24, as applicable. Each reference to the payment or
reimbursement of a Property Advance shall be deemed to include, whether or not
specifically referred to, payment or reimbursement of interest thereon at the
Advance Rate from and including the date of the making of such Advance to and
including the date of payment or reimbursement. Notwithstanding anything to the
contrary, "Property Advance" shall not include allocable overhead of the
Servicer or the Special Servicer, as applicable, such as costs for office space,
office equipment, supplies and related expenses, employee salaries and related
expenses and similar internal costs and expenses or costs and expenses incurred
by any such party in connection with its purchase of a Mortgage Loan or REO
Property.

            "Property Protection Expenses": With respect to any Mortgage Loan
(other than the Non-Serviced Mortgage Loans) or Serviced Companion Loan, any
costs and expenses incurred by the Servicer or the Special Servicer pursuant to
Sections 3.04, 3.08(a), 3.10(b), 3.10(e), 3.10(f), 3.10(h), 3.10(i), 3.10(k),
3.11, 3.12(e), 3.17(a), 3.17(b), 3.17(c), 3.18(g) or 3.28(a) or indicated herein
as being a cost or expense of the Trust Fund (and, in the case of the Serviced
Whole Loan, the Serviced Companion Loan Noteholders) or the Loan REMIC, the
Lower-Tier REMIC, or Upper-Tier REMIC to be advanced by the Servicer or the
Special Servicer, as applicable.

            "Prospectus": The Depositor's Prospectus dated February 18, 2004, as
supplemented by the Prospectus Supplement dated February 27, 2004, relating to
the offering of the Class A-1, Class A-2, Class A-3, Class A-4, Class B, Class
C, Class D and Class E Certificates.

            "PTCE 95-60": Prohibited Transaction Class Exemption 95-60.

            "Qualified Institutional Buyer": A qualified institutional buyer
within the meaning of Rule 144A.

            "Qualified Insurer": As used in Section 3.08, (i) an insurance
company or security or bonding company qualified to write the related insurance
policy in the relevant jurisdiction which shall have a rating of "A" or better
by Fitch, an insurance financial strength rating of "A" or better by S&P, and a
claims paying ability of "A" or better by DBRS or, if not rated by DBRS, an
equivalent rating such as those listed above by two nationally-recognized
statistical rating organizations and (ii) in the case of the fidelity bond and
the errors and omissions insurance required to be maintained pursuant to Section
3.08(d), shall have a claims paying ability rated by each Rating Agency no lower
than two ratings categories (without regard to pluses or minuses or numeric
qualifications) lower than the highest rating of any outstanding Class of
Certificates or Serviced Companion Loan Securities from time to time, but in no
event lower than "A" by Fitch (or if such company is not rated by Fitch, is
rated at least A:IX by A.M. Best's Key Rating Guide) and in the case of S&P, an
insurance financial strength rating of "A" or better, and in the case of DBRS,
in no event lower than "A" or, if not rated by DBRS, an equivalent rating such
as those listed above by two nationally-recognized statistical rating
organizations, unless in any such case each of the Rating Agencies has confirmed
in writing that obtaining the related insurance from an insurance company that
is not rated by each of the Rating Agencies (subject to the foregoing
exceptions) or that has a lower claims-paying ability than such requirements
shall not result, in and of itself, in a downgrade, qualification or withdrawal
of the then-current ratings by such Rating Agency to any Class of Certificates
or Serviced Companion Loan Securities.

            "Qualified Mortgage": A Mortgage Loan that is a "qualified mortgage"
within the meaning of Code Section 860G(a)(3) of the Code (but without regard to
the rule in Treasury Regulations Section 1.860G-2(f)(2) that treats a defective
obligation as a qualified mortgage), or any substantially similar successor
provision.

            "Qualifying Substitute Mortgage Loan": A mortgage loan which must,
on the date of substitution: (i) have an outstanding Stated Principal Balance,
after application of all scheduled payments of principal and/or interest due
during or prior to the month of substitution, not in excess of the Stated
Principal Balance of the Removed Mortgage Loan as of the Due Date in the
calendar month during which the substitution occurs; (ii) have a Mortgage Rate
not less than the Mortgage Rate of the Removed Mortgage Loan; (iii) have the
same Due Date as the Removed Mortgage Loan; (iv) accrue interest on the same
basis as the Removed Mortgage Loan (for example, on the basis of a 360-day year
and the actual number of days elapsed); (v) have a remaining term to stated
maturity not greater than, and not more than two years less than, the remaining
term to stated maturity of the Removed Mortgage Loan; (vi) have an original loan
to value ratio not higher than that of the Removed Mortgage Loan and a current
loan to value ratio not higher than the then current loan-to-value ratio of the
Removed Mortgage Loan; (vii) materially comply as of the date of substitution
with all of the representations and warranties set forth in the applicable
Mortgage Loan Purchase Agreement; (viii) have an Environmental Report that
indicates no material adverse environmental conditions with respect to the
related Mortgaged Property and which will be delivered as a part of the related
Mortgage File; (ix) have an original Debt Service Coverage Ratio of not less
than the original Debt Service Coverage Ratio of the Removed Mortgage Loan and a
current Debt Service Coverage Ratio of not less than the current Debt Service
Coverage Ratio of the Removed Mortgage Loan; (x) be determined by an Opinion of
Counsel (at the applicable Mortgage Loan Seller's expense) to be a "qualified
replacement mortgage" within the meaning of Section 860G(a)(4) of the Code; (xi)
not have a maturity date after the date three years prior to the Rated Final
Distribution Date; (xii) not be substituted for a Removed Mortgage Loan unless
the Trustee has received prior confirmation in writing by each Rating Agency
that such substitution will not in and of itself result in the withdrawal,
downgrade, or qualification of the rating assigned by the Rating Agency to any
Class of Certificates then rated by the Rating Agency (the cost, if any, of
obtaining such confirmation to be paid by the applicable Mortgage Loan Seller)
(provided that no such confirmation from any Rating Agency shall be required
with respect to any Companion Loan Securities); (xiii) have been approved by the
Directing Certificateholder in its sole discretion; (xiv) prohibit defeasance
within two years of the Closing Date and (xv) not be substituted for a Removed
Mortgage Loan if it would result in the termination of the REMIC status of any
Trust REMIC or the imposition of tax on any of such REMICs other than a tax on
income expressly permitted or contemplated to be received by the terms of this
Agreement, as determined by an Opinion of Counsel. In the event that one or more
mortgage loans are substituted for one or more Removed Mortgage Loans, then the
amounts described in clause (i) shall be determined on the basis of aggregate
Stated Principal Balances and the rates described in clause (ii) above and the
remaining term to stated maturity referred to in clause (v) above shall be
determined on a weighted average basis; provided that no individual mortgage
rate shall be lower than the highest Pass-Through Rate (that is a fixed rate not
subject to a cap equal to the Weighted Average Net Mortgage Rate) of any Class
of Certificates having an outstanding Stated Principal Balance. When a Qualified
Substitute Mortgage Loan is substituted for a Removed Mortgage Loan, the
applicable Mortgage Loan Seller shall certify that the Mortgage Loan meets all
of the requirements of the above definition and shall send such certification to
the Trustee.

            "Rated Final Distribution Date": The Distribution Date in March
2039.

            "Rating Agency": means (i) as to the Certificates, any of S&P, Fitch
or DBRS and (ii) as to any provisions relating to any Serviced Companion Loan
that secures Serviced Companion Loan Securities, each rating agency then rating
any related class of such Serviced Companion Loan Securities or their successors
in interest. References herein to the highest long-term unsecured debt rating
category of a Rating Agency shall mean "AAA" with respect to each of S&P, Fitch
and DBRS, and in the case of any other rating agency shall mean such highest
rating category or better without regard to any plus or minus or numerical
qualification.

            If a provision in this Agreement fails to specify a rating category
for a particular Rating Agency then rating any Serviced Companion Loan
Securities, then such provision, if then applicable to the Serviced Whole Loan,
shall be construed to include the rating category of such Rating Agency that is
equivalent to the lowest specified rating category of those Rating Agencies for
which a category is specified in that provision.

            "Real Property": Land or improvements thereon such as buildings or
other inherently permanent structures thereon (including items that are
structural components of the buildings or structures), in each such case as such
terms are used in the REMIC Provisions.

            "Realized Loss": With respect to any Distribution Date, the amount,
if any, by which (i) the aggregate Certificate Balance of the Regular
Certificates (other than the Class X-1 and Class X-2 Certificates) after giving
effect to distributions of principal on such Distribution Date and allocation of
Class Interest Shortfalls exceeds (ii) the aggregate Stated Principal Balance of
the Mortgage Loans (for purposes of this calculation only, not giving effect to
any reductions of the Stated Principal Balance for principal payments received
on the Mortgage Loans that were used to reimburse the Servicer or the Trustee
from general collections of principal on the Mortgage Loans for Workout-Delayed
Reimbursement Amounts, to the extent such Workout-Delayed Reimbursement Amounts
are not otherwise determined to be Nonrecoverable Advances) immediately
following the Determination Date preceding such Distribution Date. In the case
of the Loan REMIC, a Realized Loss with respect to the Loan REMIC Loan shall be
a Realized Loss with respect to the Loan REMIC Regular Interest.

            "Reassignment of Assignment of Leases, Rents and Profits": As
defined in Section 2.0l (viii).

            "Reconciliation of Funds Report": A report substantially in the form
of, and containing the information called for in, the downloadable form of the
"Reconciliation of Funds Report" available as of the Closing Date on the CMSA
Website, or such other final form for the presentation of such information and
containing such additional information as may from time to time be promulgated
as recommended by the CMSA for commercial mortgage securities transactions
generally and, insofar as it requires the presentation of information in
addition to that called for by the form of the "Reconciliation of Funds Report"
available as of the Closing Date on the CMSA Website, is reasonably acceptable
to the Bond Administrator, the Servicer or the Special Servicer, as applicable.

            "Record Date": With respect to each Distribution Date, the close of
business on the last day of the calendar month preceding the month in which such
Distribution Date occurs or, if such day is not a Business Day, the preceding
Business Day.

            "Regular Certificates": The Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G,
Class H, Class J, Class K, Class L, Class M, Class N, Class O and Class P
Certificates.

            "Regulation D": Regulation D under the Act.

            "Regulation S": Regulation S under the Act.

            "Regulation S Global Certificate": Each of the Class X-1, Class X-2,
Class F, Class G, Class H, Class J, Class K, Class L, Class M, Class N, Class O
and Class P Certificates issued as such on the Closing Date.

            "Regulation S Investor": With respect to a transferee of an interest
in a Regulation S Global Certificate, a transferee that acquires such interest
pursuant to Regulation S.

            "Regulation S Transfer Certificate": As defined in Section
5.02(c)(i)(B).

            "REMIC": A "real estate mortgage investment conduit" within the
meaning of Section 860D of the Code and the REMIC Provisions.

            "REMIC Certificates": The Certificates.

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

            "Removed Mortgage Loan": A Mortgage Loan which is repurchased from
the Trust Fund pursuant to the terms hereof or as to which one or more
Qualifying Substitute Mortgage Loans are substituted.

            "Rents from Real Property": With respect to any REO Property, gross
income of the character described in Section 856(d) of the Code, which income,
subject to the terms and conditions of that Section of the Code in its present
form, does not include:

            (a) except as provided in Section 856(d)(4) or (6) of the Code, any
      amount received or accrued, directly or indirectly, with respect to such
      REO Property, if the determination of such amount depends in whole or in
      part on the income or profits derived by any Person from such property
      (unless such amount is a fixed percentage or percentages of receipts or
      sales and otherwise constitutes Rents from Real Property);

            (b) any amount received or accrued, directly or indirectly, from any
      Person if the Trust Fund owns directly or indirectly (including by
      attribution) a ten percent or greater interest in such Person determined
      in accordance with Sections 856(d)(2)(B) and (d)(5) of the Code;

            (c) any amount received or accrued, directly or indirectly, with
      respect to such REO Property if any Person Directly Operates such REO
      Property;

            (d) any amount charged for services that are not customarily
      furnished in connection with the rental of property to tenants in
      buildings of a similar class in the same geographic market as such REO
      Property within the meaning of Treasury Regulations Section 1.856-4(b)(1)
      (whether or not such charges are separately stated); and

            (e) rent attributable to personal property unless such personal
      property is leased under, or in connection with, the lease of such REO
      Property and, for any taxable year of the Trust Fund, such rent is no
      greater than 15 percent of the total rent received or accrued under, or in
      connection with, the lease.

            "REO Account": As defined in Section 3.17(b).

            "REO Loan": Any Mortgage Loan (other than a Non-Serviced Mortgage
Loan) or the Serviced Whole Loan as to which the related Mortgaged Property has
become an REO Property.

            "REO  Proceeds":  With  respect to any REO  Property and the
related REO Loan, all revenues  received by the Special  Servicer with respect
to such REO Property or REO Loan which do not constitute Liquidation Proceeds.

            "REO Property": A Mortgaged Property other than the Mortgaged
Properties securing the Non-Serviced Mortgage Loans, title to which has been
acquired by the Special Servicer on behalf of the Trust Fund through
foreclosure, deed in lieu of foreclosure or otherwise.

            "REO  Status  Report":  A report  substantially  in the form
of, and containing the  information  called for in, the  downloadable  form of
the "REO Status Report"  available as of the Closing Date on the CMSA Website,
or in such other form for the  presentation of such information and containing
such  additional  information  as may  from  time to time  be  promulgated  as
recommended  by the  CMSA  for  commercial  mortgage  securities  transactions
generally  and,  insofar as it requires the  presentation  of  information  in
addition to that called for by the form of the "REO Status  Report"  available
as of the Closing Date on the CMSA Website,  is  reasonably  acceptable to the
Servicer or the Special Servicer, as applicable.

            "Replacement Mortgage Loan": Any Qualifying Substitute Mortgage Loan
that is substituted for one or more Removed Mortgage Loans.

            "Repurchase Price": With respect to any Mortgage Loan to be
repurchased or purchased pursuant to Sections 2.03(d) or 9.01, or any Specially
Serviced Loan or any REO Loan to be sold pursuant to Section 3.18, an amount,
calculated by the Servicer or the Special Servicer, as applicable, equal to:

            (a) the Stated Principal Balance of such Mortgage Loan as of the
      date of purchase; plus

            (b) all accrued and unpaid interest on such Mortgage Loan at the
      related Mortgage Rate in effect from time to time to but not including the
      Due Date in the month of purchase (or, if the Mortgage Loan has an
      interest accrual period that ends on or after such Due Date, through the
      end of such interest accrual period); plus

            (c) all related unreimbursed Property Advances and accrued and
      unpaid interest on related Advances at the Advance Rate, and unpaid
      Special Servicing Fees and Workout Fees allocable to such Mortgage Loan
      (and, in the case of the AFR/Bank of America Portfolio Mortgage Loan and
      the Meadows Mall Mortgage Loan, unpaid fees payable to the related Other
      Servicer, Other Special Servicer or Other Trustee allocable to such
      Mortgage Loan); plus

            (d) any Liquidation Fee due pursuant to Section 3.12 hereunder
      allocable to such Mortgage Loan; plus

            (e) if such Mortgage Loan (or related REO loan) is being purchased
      by a Mortgage Loan Seller pursuant to Section 2.03(d), to the extent not
      otherwise included in the amount described in clause (c) of this
      definition, all reasonable out-of-pocket expenses reasonably incurred or
      to be incurred by the Servicer, the Special Servicer, the Depositor, the
      Bond Administrator and the Trustee in respect of the Breach or Defect
      giving rise to the repurchase obligation, including any expenses arising
      out of the enforcement of the repurchase obligation, including, without
      duplication, any amounts previously reimbursed from the Collection Account
      or the Serviced Whole Loan Collection Account, as applicable, plus accrued
      and unpaid interest thereon at the Advance Rate, to the extent payable to
      the Servicer, the Special Servicer or the Trustee.

            For purposes of this Agreement, the "Repurchase Price" in respect of
(i) a Tysons Corner Center Pari Passu Loan shall be the repurchase price paid by
the related mortgage loan seller under the related Serviced Companion Loan
Securitization Agreement and (ii) the AFR/Bank of America Portfolio Mortgage
Loan shall be the portion of amounts received hereunder from the related
Non-Serviced Mortgage Loan Service Provider in connection with the purchase
thereof by the AFR/Bank of America Portfolio B Loan Noteholder pursuant to the
terms of the AFR/Bank of America Portfolio Agreement Among Noteholders.

            "Request for Release": A request for a release signed by a Servicing
Officer, substantially in the form of Exhibit E hereto.

            "Reserve Accounts": With respect to any Mortgage Loan or the
Serviced Whole Loan, reserve accounts, if any, established pursuant to the
Mortgage or the Loan Agreement and any Escrow Account. Any Reserve Account may
be a sub-account of a related Cash Collateral Account. Any Reserve Account shall
be beneficially owned for federal income tax purposes by the Person who is
entitled to receive the reinvestment income or gain thereon in accordance with
the terms and provisions of the related Mortgage Loan and Section 3.07, which
Person shall be taxed on all reinvestment income or gain thereon. The Servicer
shall be permitted to make withdrawals therefrom for deposit into the related
Cash Collateral Account, if applicable, or the Collection Account or for the
purposes set forth under the related Mortgage Loan or Serviced Whole Loan.

            "Resolution Extension Period" shall mean:

            (a) for purposes of remediating a breach with respect to any
      Mortgage Loan, the 90-day period following the end of the applicable
      Initial Resolution Period;

            (b) for purposes of remediating a Defect with respect to any
      Mortgage Loan that is and remains a Performing Loan throughout the
      applicable Initial Resolution Period, the period commencing at the end of
      the applicable Initial Resolution Period and ending on, and including, the
      earlier of (i) the 90th day following the end of such Initial Resolution
      Period and (ii) the 45th day following the applicable Mortgage Loan
      Seller's receipt of written notice from the Servicer or the Special
      Servicer of the occurrence of any Servicing Transfer Event with respect to
      such Mortgage Loan subsequent to the end of such Initial Resolution
      Period;

            (c) for purposes of remediating a Defect with respect to any
      Mortgage Loan that is a Performing Loan as of the commencement of the
      applicable Initial Resolution Period, but as to which a Servicing Transfer
      Event occurs during such Initial Resolution Period, the period commencing
      at the end of the applicable Initial Resolution Period and ending on, and
      including, the 90th day following the earlier of (i) the end of such
      Initial Resolution Period and (ii) the applicable Mortgage Loan Seller's
      receipt of written notice from the Servicer or the Special Servicer of the
      occurrence of such Servicing Transfer Event; and

            (d) for purposes of remediating a Defect with respect to any
      Mortgage Loan that is a Specially Serviced Loan as of the commencement of
      the applicable Initial Resolution Period, zero (-0-) days, provided that,
      if the applicable Mortgage Loan Seller did not receive written notice from
      the Servicer or the Special Servicer of the relevant Servicing Transfer
      Event as of the commencement of the applicable Initial Resolution Period,
      then such Servicing Transfer Event will be deemed to have occurred during
      such Initial Resolution Period and clause (c) of this definition will be
      deemed to apply.

            "Responsible Officer": (i) any officer of the Asset-Backed
Securities Trust Services Group of the Bond Administrator (and, in the event
that the Bond Administrator is the Certificate Registrar or the Paying Agent, of
the Certificate Registrar or the Paying Agent, as applicable) and (ii) any
officer of the Trustee assigned to the Corporate Trust Office with direct
responsibility for the administration of this Agreement and also, with respect
to a particular matter, any other officer to whom such matter is referred
because of such officer's knowledge of and familiarity with the particular
subject, and, in the case of any certification required to be signed by a
Responsible Officer, such an officer whose name and specimen signature appears
on a list of corporate trust officers furnished to the Servicer by the Trustee
and the Bond Administrator, as such list may from time to time be amended.

            "Restricted Certificate": As defined in Section 5.02(k).

            "Restricted Period": The 40-day period prescribed by Regulation S
commencing on the later of (a) the date upon which the Certificates are first
offered to persons other than the Initial Purchasers and any other distributor
(as defined in Regulation S) of the Certificates and (b) the Closing Date.

            "Rule 144A": Rule 144A under the Act.

            "Rule 144A Global Certificate": Each of the Class X-1, Class X-2,
Class F, Class G, Class H, Class J, Class K, Class L, Class M, Class N, Class O
and Class P Certificates issued as such on the Closing Date.

            "S&P": Standard & Poor's Ratings Services, a division of The
McGraw-Hill Companies, Inc. or its successor in interest.

            "Scheduled Final Distribution Date": As to the Class X-1
Certificates, the Distribution Date in April 2028; as to the Class X-2
Certificates, the Distribution Date in March 2011; as to Class A-1 Certificates,
the Distribution Date in November 2008; as to Class A-2 Certificates, the
Distribution Date in February 2008; as to Class A-3 Certificates, the
Distribution Date in April 2013; as to the Class A-4, Class B and Class C
Certificates, the Distribution Date occurring in March 2014; as to the Class D
Certificates, the Distribution Date occurring in December 2015; as to the Class
E Certificates, the Distribution Date occurring in December 2018; as to the
Class F, Class G, Class H, Class J, Class K, Class L and Class M Certificates,
the Distribution Date occurring in December 2018; as to the Class N and Class O
Certificates, the Distribution Date occurring in January 2019; and as to the
Class P Certificates, the Distribution Date occurring in April 2028.

            "Securities Legend": With respect to each Residual Certificate or
any Individual Certificate, the legend set forth in, and substantially in the
form of, Exhibit F hereto.

            "Serviced Companion Loan": Each of the Tysons Corner Center Pari
Passu Loans.

            "Serviced Companion Loan Noteholder": A holder of a Serviced
Companion Loan.

            "Serviced Companion Loan Noteholder Register": As defined in Section
3.33(c).

            "Serviced Companion Loan Securities": For so long as the Mortgage
Loan related thereto or any successor REO Loan thereof is part of the Mortgage
Pool, any class of securities backed by a Serviced Companion Loan. Any reference
herein to a "series" of Serviced Companion Loan Securities shall refer to
separate securitizations of one or more of the Serviced Companion Loans.

            "Serviced Companion Loan Securitization Agreement": With respect to
any Serviced Companion Loan, any agreement under which any securities evidencing
interests in such Serviced Companion Loan are issued, as from time to time
amended, supplemented or modified.

            "Serviced Companion Loan Trustee": With respect to any Serviced
Companion Loan, the trustee with respect to such Serviced Companion Loan
appointed and acting under the related Serviced Companion Loan Securitization
Agreement, if any.

            "Serviced Whole Loan": The Tysons Corner Center Whole Loan.

            "Serviced Whole Loan Collection Account": With respect to the
Serviced Whole Loan, the separate account or subaccount created and maintained
by the Servicer pursuant to Section 3.05(f) on behalf of the Certificateholders
and the related Serviced Companion Loan Noteholders, which shall be entitled
"GMAC Commercial Mortgage Corporation, as Servicer for the Certificateholders
and the Companion Loan Noteholders relating to, and for the benefit of Wells
Fargo Bank, N.A., as Trustee, in trust for the Holders of, Deutsche Mortgage &
Asset Receiving Corporation, COMM 2004-LNB2 Commercial Mortgage Pass-Through
Certificates, Serviced Whole Loan Collection Account". Amounts in the Serviced
Whole Loan Collection Account applicable to the Serviced Companion Loans shall
not be assets of the Trust Fund, but instead shall be held by the Servicer on
behalf of the Trust Fund (in respect of amounts reimbursable therefrom) and the
Serviced Companion Loan Noteholders. Any such account or subaccount shall be an
Eligible Account.

            "Serviced Whole Loan Remittance Amount": For each Distribution Date
and with respect to the Serviced Whole Loan and related Mortgaged Property (if
it becomes an REO Property), any amount received by the Servicer (or, with
respect to an REO Property, the Special Servicer) during the related Collection
Period net of any amount payable or reimbursable to any Person from the Serviced
Whole Loan Collection Account pursuant to Section 3.06(c).

            "Serviced Whole Loan REO Account": As defined in Section 3.17(b).

            "Servicer": GMAC Commercial Mortgage Corporation, a California
corporation, or any successor Servicer appointed as herein provided.

            "Servicer Backup Certification": As defined in Section 3.21(f).

            "Servicer Event of Default": As defined in Section 7.01(a).

            "Servicer Prepayment Interest Shortfall": As defined in Section
3.19(c).

            "Servicer Remittance Date": With respect to any Distribution Date,
the Business Day preceding such Distribution Date.

            "Servicer's Appraisal Estimate": As defined in the definition of
Appraisal Reduction Amount.

            "Servicing Compensation": With respect to any Collection Period, the
related Servicing Fee, Net Prepayment Interest Excess, if any, and any other
fees, charges or other amounts payable to the Servicer under this Agreement for
such period.

            "Servicing Fee": With respect to each Mortgage Loan or Serviced
Companion Loan and for any Distribution Date, an amount per Interest Accrual
Period equal to the product of (i) one-twelfth of the sum of the respective
Servicing Fee Rate and (ii) the Stated Principal Balance of such Mortgage Loan
or Serviced Companion Loan as of the Due Date in the immediately preceding
Collection Period (without giving effect to payments of principal on such
Mortgage Loan on such Due Date). In the case of the AFR/Bank of America
Portfolio Mortgage Loan, the Servicing Fee shall be paid by the Lower-Tier REMIC
on the Loan REMIC Balance.

            "Servicing Fee Rate": With respect to each Mortgage Loan (other than
the Non-Serviced Mortgage Loans) or Serviced Companion Loan, the sum of the
Master Servicing Fee Rate and the related Primary Servicing Fee Rate, if any,
which sum shall be set forth on Exhibit B-2 to this Agreement, in each case
computed on the basis of the Stated Principal Balance of the related Mortgage
Loan or Serviced Companion Loan and on a loan-by-loan basis. In the case of the
AFR/Bank of America Portfolio Loan, "Mortgage Loan" shall refer to the Loan
REMIC Regular Interest for purposes of this definition, as the context requires.

            "Servicing Officer": Any officer or employee of the Servicer or the
Special Servicer, as applicable, involved in, or responsible for, the
administration and servicing of the Mortgage Loans or Serviced Companion Loans,
or this Agreement and also, with respect to a particular matter, any other
officer to whom such matter is referred because of such officer's or employee's
knowledge of and familiarity with the particular subject, and, in the case of
any certification required to be signed by a Servicing Officer, such an officer
or employee whose name and specimen signature appears on a list of servicing
officers furnished to the Trustee and the Bond Administrator by the Servicer or
the Special Servicer, as applicable, as such list may from time to time be
amended.

            "Servicing Standard": With respect to the Special Servicer and any
Servicer other than GMAC Commercial Mortgage Corporation, the General Servicing
Standard. With respect to the Servicer, if the Servicer is GMAC Commercial
Mortgage Corporation, the GMACCM Servicing Standard.

            "Servicing Transfer Event": An event specified in the definition of
Specially Serviced Loan.

            "Similar Law": As defined in Section 5.02(k) hereof.

            "Small Loan Appraisal Estimate": With respect to any Mortgage Loan
having a Stated Principal Balance of less than $2,000,000, the Special
Servicer's good faith estimate of the value of such Mortgage Loan, as certified
to the Servicer by the Special Servicer.

            "Sole Certificateholder": Any Holder (or Holders provided they act
in unanimity) holding 100% of the Class X-1, Class X-2, Class F, Class G, Class
H, Class J, Class K, Class L, Class M, Class N, Class O and Class P Certificates
or an assignment of the voting rights thereof; provided, however, that the
Certificate Balances of the Class A-1, Class A-2, Class A-3, Class A-4, Class B,
Class C, Class D and Class E Certificates have been reduced to zero.

            "Special Servicer": Lennar Partners, Inc., a Florida corporation, or
its successor in interest, or any successor special servicer appointed as
provided in Section 3.25, including without limitation any successor special
servicer appointed with respect to a specific Mortgage Loan or the Serviced
Whole Loan pursuant to Section 3.25. In the event that the Servicer is also the
Special Servicer hereunder, and the Servicer is terminated or resigns as the
Servicer hereunder, the Servicer shall be terminated as the Special Servicer
hereunder. In the event there is more than one Special Servicer administering
Specially Serviced Loans hereunder, each reference in this Agreement to the
"Special Servicer" shall be construed to apply to the Special Servicer then
servicing that particular Mortgage Loan or Serviced Whole Loan.

            "Special Servicer Backup Certification": As defined in Section
3.21(g).

            "Special Servicer Event of Default": As defined in Section 7.01(a).

            "Special Servicing Compensation": With respect to any Mortgage Loan,
any of the Special Servicing Fee, Workout Fee, Liquidation Fee and any other
fees, charges or other amounts which shall be due to the Special Servicer.

            "Special Servicing Fee": With respect to each Specially Serviced
Loan and any Distribution Date, an amount per Special Servicing Period equal to
the product of (i) one-twelfth of the Special Servicing Fee Rate and (ii) the
Stated Principal Balance of such Specially Serviced Loan as of the Due Date
(without giving effect to all payments of principal on such Specially Serviced
Loan on such Due Date) in the Collection Period prior to such Distribution Date.

            "Special Servicing Fee Rate": A rate equal to 0.25% per annum.

            "Special Servicing Period": The period during which a Mortgage Loan
is a Specially Serviced Loan.

            "Specially Serviced Loan": Subject to Section 3.26, any Mortgage
Loan (other than a Non-Serviced Mortgage Loan) or the Serviced Whole Loan with
respect to which:

            (a) either (i) with respect to such Mortgage Loan or Serviced Whole
      Loan (other than a Balloon Loan), a payment default shall have occurred on
      such Mortgage Loan or Serviced Whole Loan at its Maturity Date or, if the
      Maturity Date of such Mortgage Loan or Serviced Whole Loan has been
      extended in accordance herewith, a payment default occurs on such Mortgage
      Loan or Serviced Whole Loan at its extended Maturity Date or (ii) with
      respect to a Balloon Loan, the date that the related Balloon Payment is
      due, unless, in either case the Borrower has delivered to the Servicer
      prior to the Maturity Date a written refinancing commitment reasonably
      satisfactory in form and substance to the Servicer which provides that
      such refinancing will occur within 60 days, provided that if such
      refinancing does not occur, at such time such Mortgage Loan or Serviced
      Whole Loan will become a Specially Serviced Loan;

            (b) the date on which any Monthly Payment (other than a Balloon
      Payment) is 60 days or more delinquent;

            (c) the date upon which the Servicer or Special Servicer determines
      that a payment default or any other default under the applicable Loan
      Documents that (with respect to such other default) would impair the value
      of the related Mortgaged Property as security for such Mortgage Loan or
      Serviced Whole Loan or otherwise would materially adversely affect the
      interests of Certificateholders and, if applicable, the related Serviced
      Companion Loan Noteholders and would continue unremedied beyond the
      applicable grace period under the terms of the related Loan Documents (or,
      if no grace period is specified, for 60 days, and provided that a default
      that would give rise to an acceleration right without any grace period
      shall be deemed to have a grace period equal to zero) is imminent and is
      not likely to be cured by the related Borrower within 60 days or, except
      as provided in clause (a)(ii) above, in the case of a Balloon Payment, for
      at least 30 days;

            (d) the date upon which the related Borrower has become a subject of
      a decree or order of a court or agency or supervisory authority having
      jurisdiction in the premises in an involuntary case under any present or
      future federal or state bankruptcy, insolvency or similar law, or the
      appointment of a conservator, receiver or liquidator in any insolvency,
      readjustment of debt, marshaling of assets and liabilities or similar
      proceedings, or for the winding-up or liquidation of its affairs, provided
      that if such decree or order has been dismissed, discharged or stayed
      within 60 days thereafter, such Mortgage Loan or Serviced Whole Loan shall
      no longer be a Specially Serviced Loan and no Special Servicing Fees shall
      be payable with respect thereto;

            (e) the date on which the related Borrower consents to the
      appointment of a conservator or receiver or liquidator in any insolvency,
      readjustment of debt, marshaling of assets and liabilities or similar
      proceedings of or relating to such Borrower of or relating to all or
      substantially all of its property;

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

            (g) a default, of which the Servicer or Special Servicer has notice
      (other than a failure by such related Borrower to pay principal or
      interest) and which in the opinion of the Servicer or Special Servicer
      materially and adversely affects the interests of the Certificateholders
      or any holder of a Serviced Companion Loan, if applicable, occurs and
      remains unremedied for the applicable grace period specified in the Loan
      Documents for such Mortgage Loan or Serviced Whole Loan (or if no grace
      period is specified for those defaults which are capable of cure, 60
      days); or

            (h) the date of which the Servicer or Special Servicer receives
      notice of the foreclosure or proposed foreclosure of any lien on the
      related Mortgaged Property;

provided, however, that such Mortgage Loan or Serviced Whole Loan will cease to
be a Specially Serviced Loan (each, a "Corrected Mortgage Loan") (i) with
respect to the circumstances described in clauses (a) and (b) above, when the
related Borrower thereunder has brought such Mortgage Loan or Serviced Whole
Loan current and thereafter made three consecutive full and timely Monthly
Payments, including pursuant to any workout of such Mortgage Loan or Serviced
Whole Loan, (ii) with respect to the circumstances described in clause (c), (d),
(e), (f) and (h) above, when such circumstances cease to exist in the good faith
judgment of the Special Servicer, and (iii) with respect to the circumstances
described in clause (g) above, when such default is cured; provided, in each
case, that at that time no circumstance exists (as described above) that would
cause such Mortgage Loan or Serviced Whole Loan to continue to be characterized
as a Specially Serviced Loan.

            If a Servicing Transfer Event exists with respect to the Mortgage
Loan included in the Serviced Whole Loan, then it will also be deemed to exist
with respect to the related Serviced Companion Loans. If a servicing transfer
event under GMACCM 2003-C3 Pooling and Servicing Agreement or the Wachovia
2003-C9 Pooling and Servicing Agreement, as applicable, exists with respect to a
Companion Loan related to a Non-Serviced Mortgage Loan, then it will also be
deemed to exist with respect to the related Non-Serviced Mortgage Loan. If any
Mortgage Loan in a group of Cross-Collateralized Mortgage Loans becomes a
Specially Serviced Loan, each other Mortgage Loan in such group of
Cross-Collateralized Mortgage Loans shall also become a Specially Serviced Loan.

            "Startup Day": In the case of the Upper-Tier REMIC and Lower-Tier
REMIC, the day designated as such pursuant to Section 2.06(a) hereof. The
Startup Day of the Loan REMIC shall be the date specified in the Loan REMIC
Declaration.

            "Stated Principal Balance": With respect to any Mortgage Loan (other
than the Non-Serviced Mortgage Loans) or Serviced Companion Loan, on any date of
determination, the principal balance as of the Cut-off Date of such Mortgage
Loan or Serviced Companion Loan (or in the case of a Replacement Mortgage Loan
as of the related date of substitution), as reduced on each Distribution Date
(to not less than zero) by (i) all payments (or Advances in lieu thereof) of,
and all other collections allocated as provided in Section 1.02 to, principal of
or with respect to such Mortgage Loan or Serviced Companion Loan that are
distributed to Certificateholders or Serviced Companion Loan Holders on such
Distribution Date or applied to any other payments required under this Agreement
on or prior to such date of determination, and (ii) any principal forgiven by
the Special Servicer and other principal losses realized in respect of such
Mortgage Loan or Serviced Companion Loan during the related Collection Period.

            The Stated Principal Balance of the AFR/Bank of America Portfolio
Mortgage Loan will be calculated in accordance with the definition of "Stated
Principal Balance" in the GMACCM 2003-C3 Pooling and Servicing Agreement. In the
case of the AFR/Bank of America Portfolio Mortgage Loan, "Mortgage Loan" shall
refer to the Loan REMIC Regular Interest for purposes of this definition as the
context requires. The Stated Principal Balance of the Meadows Mall Mortgage Loan
will be calculated in accordance with the definition of "Stated Principal
Balance" in the Wachovia 2003-C9 Pooling and Servicing Agreement.

            A Mortgage Loan or any related REO Loan shall be deemed to be part
of the Trust Fund and to have an outstanding Stated Principal Balance until the
Distribution Date on which Liquidation Proceeds, if any, are to be (or, if no
such Liquidation Proceeds are received, would have been) distributed to
Certificateholders. The Stated Principal Balance of any Mortgage Loan or
Serviced Companion Loan with respect to which the Servicer or Special Servicer
has made a Final Recovery Determination is zero.

            "Substitution  Shortfall  Amount":  In  connection  with the
substitution  of one or  more  Replacement  Mortgage  Loans  for  one or  more
Removed Mortgage Loans,  the amount,  if any, by which the Repurchase Price or
aggregate  Repurchase  Price,  as the case may be, for such  Removed  Mortgage
Loan(s)  exceeds the initial  Stated  Principal  Balance or  aggregate  Stated
Principal Balance, as the case may be, of such Replacement Mortgage Loan(s).

            "Tax Returns": The federal income tax returns on IRS Form 1066, U.S.
Real Estate Mortgage Investment Conduit (REMIC) Income Tax Return, including
Schedule Q thereto, Quarterly Notice to Residual Interest Holders of REMIC
Taxable Income or Net Loss Allocation, or any successor forms, to be filed on
behalf of each of the Upper-Tier REMIC, the Lower-Tier REMIC and the Loan REMIC
due to its classification as a REMIC under the REMIC Provisions and the federal
income tax return to be filed on behalf of the Grantor Trust due to its
classification as a grantor trust under subpart E, Part I of subchapter J of the
Code, together with any and all other information, reports or returns that may
be required to be furnished to the Certificateholders or filed with the IRS or
any other governmental taxing authority under any applicable provisions of
federal law or Applicable State and Local Tax Law.

            "Tenant": With respect to the Credit Lease Loan, the lessee
thereunder.

            "Terminated Party": As defined in Section 7.01(c).

            "Terminating Party": As defined in Section 7.01(c).

            "Termination Date": The Distribution Date on which the Trust Fund is
terminated pursuant to Section 9.01.

            "Transfer": Any direct or indirect transfer or other form of
assignment of any Ownership Interest in a Class R or Class LR Certificate.

            "Transferee Affidavit": As defined in Section 5.02(l)(ii).

            "Transferor Letter": As defined in Section 5.02(l)(ii).

            "Trust Fund": The corpus of the trust created hereby and to be
administered hereunder, consisting of: (i) such Mortgage Loans as from time to
time are subject to this Agreement, together with the Mortgage Files relating
thereto; (ii) all scheduled or unscheduled payments on or collections in respect
of the Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the
extent of the Trust Fund's interest therein); (iv) all revenues received in
respect of any REO Property (to the extent of the Trust Fund's interest
therein); (v) the Servicer's, the Special Servicer's and the Trustee's rights
under the insurance policies with respect to the Mortgage Loans required to be
maintained pursuant to this Agreement and any proceeds thereof (to the extent of
the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets are not assets of the
respective Borrowers), amounts on deposit in the Collection Account attributable
to the Mortgage Loans and the Loan REMIC Interests as identified on the Trust
Ledger, the Serviced Whole Loan Collection Account (to the extent of the Trust
Fund's interest therein), the Distribution Accounts, any Excess Liquidation
Proceeds Account (to the extent of the Trust Fund's interest therein), the
Interest Reserve Account, any REO Account (to the extent of the Trust Fund's
interest therein), including any reinvestment income, as applicable; (ix) any
environmental indemnity agreements relating to the Mortgaged Properties; (x) all
insurance policies with respect to the Mortgage Loans and the Mortgaged
Properties (to the extent of the Trust Fund's interest therein); (xi) the rights
and remedies under the Mortgage Loan Purchase Agreements relating to document
delivery requirements with respect to the Mortgage Loans and the representations
and warranties of the related Mortgage Loan Seller regarding its Mortgage Loans;
(xii) the Loan REMIC Regular Interest and Loan REMIC Residual Interest; and
(xiii) the proceeds of the foregoing (other than any interest earned on deposits
in the Lock-Box Accounts, Cash Collateral Accounts, Escrow Accounts and any
Reserve Accounts, to the extent such interest belongs to the related Borrower).

            "Trust   Ledger":   Amounts   deposited  in  the  Collection
Account  attributable  to the  Mortgage  Loans and the Loan  REMIC  Interests,
which are  maintained  pursuant to  Section 3.05(a)  and held on behalf of the
Trustee on behalf of the Certificateholders.

            "Trust  REMICs":  The  Lower-Tier  REMIC and the  Upper-Tier
REMIC.

            "Trustee":  Wells  Fargo  Bank,  N.A.,  a  national  banking
association,  in its capacity as Trustee, or its successor in interest, or any
successor Trustee appointed as herein provided.

            "Trustee Fee": With respect to each Mortgage Loan and for any
Distribution Date, an amount per Interest Accrual Period equal to the product of
(i) one-twelfth of the Trustee Fee Rate multiplied by (ii) the Stated Principal
Balance of such Mortgage Loan as of the Due Date in the immediately preceding
Collection Period (without giving effect to payments of principal on such
Mortgage Loan on such Due Date); provided that the portion of the Trustee Fee
defined herein as the Bond Administrator Fee shall be retained by the Bond
Administrator. In the case of the Loan REMIC Loan, the Trustee Fee shall be paid
by the Lower-Tier REMIC in respect of the Loan REMIC Regular Interest.

            "Trustee Fee Rate": A rate equal to 0.0021% per annum.

            "Tysons Corner Center A-2 Note": With respect to the Tysons Corner
Center Whole Loan, the related promissory note in the original principal amount
of $95,000,000 which is pari passu in right of payment to the Tysons Corner
Center Mortgage Loan, the Tysons Corner Center A-3 Note and the Tysons Corner
Center A-4 Note, as from time to time amended, supplemented or modified, and any
replacements therefor.

            "Tysons Corner Center A-3 Note": With respect to the Tysons Corner
Center Whole Loan, the related promissory note in the original principal amount
of $35,000,000 which is pari passu in right of payment to the Tysons Corner
Center Mortgage Loan and the Tysons Corner Center A-2 Note and the Tysons Corner
Center A-4 Note, as from time to time amended, supplemented or modified, and any
replacements therefor.

            "Tysons Corner Center A-4 Note": With respect to the Tysons Corner
Center Whole Loan, the related promissory note in the original principal amount
of $62,500,000 which is pari passu in right of payment to the Tysons Corner
Center Mortgage Loan, the Tysons Corner Center A-2 Note and the Tysons Corner
Center A-3 Note, as from time to time amended, supplemented or modified, and any
replacements therefor.

            "Tysons Corner Center Event of Default": An "Event of Default" as
defined under the Tysons Corner Center Whole Loan documents.

            "Tysons Corner Center Intercreditor Agreement": With respect to the
Tysons Corner Center Mortgage Loan and the Tysons Corner Center Pari Passu
Loans, that certain intercreditor agreement, dated as of March 17, 2004, by and
among the initial holder of the Tysons Corner Center Mortgage Loan and the
initial holders of the Tysons Corner Center Pari Passu Loans, as from time to
time amended, supplemented or modified.

            "Tysons Corner Center Mortgage Loan": As defined in the preliminary
statement herein.

            "Tysons Corner Center Pari Passu Loan Noteholders": The holders of
the Notes for the Tysons Corner Center Pari Passu Loans.

            "Tysons Corner Center Pari Passu Loans": As defined in the
preliminary statement herein.

            "Tysons Corner Center Service Providers": With respect to each
Tysons Corner Center Pari Passu Loan that has been deposited into a
securitization trust, the related trustee, master servicer, special servicer,
sub-servicer and any other Person that makes principal and/or interest advances
in respect of such mortgage loan pursuant to the related pooling and servicing
agreement.

            "Tysons Corner Center Whole Loan": As defined in the preliminary
statement herein.

            "Underwriters": DBS, ABN AMRO Incorporated, Banc of America
Securities LLC, Citigroup Global Markets Inc. and Merrill Lynch, Pierce, Fenner
& Smith Incorporated or their respective successors in interest.

            "Unliquidated Advance": Any Advance previously made by a party
hereto that has been previously reimbursed, as between the Person that made the
Advance hereunder, on the one hand, and the Trust Fund, on the other, as part of
a Workout-Delayed Reimbursement Amount pursuant to Section 3.06(b) or Section
3.06(c), as applicable, but that has not been recovered from the related
Borrower or otherwise from collections on or the proceeds of the Mortgage Loan
or Serviced Whole Loan or REO Property in respect of which the Advance was made.

            "Unscheduled Payments": With respect to a Mortgage Loan and a
Collection Period, all Net Liquidation Proceeds, Net Condemnation Proceeds and
Net Insurance Proceeds payable under such Mortgage Loan, the Repurchase Price of
any Mortgage Loan that is repurchased or purchased pursuant to Sections 2.03(d),
3.18 or 9.01, the Substitution Shortfall Amount with respect to any substitution
pursuant to Section 2.03(f) and any other payments under or with respect to such
Mortgage Loan not scheduled to be made, including Principal Prepayments received
by the Servicer (but excluding Prepayment Premiums or Yield Maintenance Charges,
if any) during such Collection Period.

            "Updated Appraisal": An Appraisal of a Mortgaged Property or REO
Property, as the case may be, conducted subsequent to any appraisal performed on
or prior to the Cut-off Date and in accordance with Appraisal Institute
standards, the costs of which shall be paid as a Property Advance by the
Servicer or the Special Servicer, as applicable. Updated Appraisals shall be
conducted by an MAI appraiser selected by the Special Servicer.

            "Updated Valuation": With respect to a Mortgage Loan having a Stated
Principal Balance of $2,000,000 or higher, an Updated Appraisal. With respect to
a Mortgage Loan having a Stated Principal Balance of less than $2,000,000, an
updated Small Loan Appraisal Estimate.

            "Upper-Tier Distribution Account": The segregated trust account or
sub-account created and maintained by the Bond Administrator pursuant to Section
3.05(e), which shall be entitled "Wells Fargo Bank, N.A., as Trustee, in trust
for Holders of Deutsche Mortgage & Asset Receiving Corporation, COMM 2004-LNB2
Commercial Mortgage Pass-Through Certificates, Upper-Tier Distribution Account"
and which must be an Eligible Account or a subaccount of an Eligible Account.

            "Upper-Tier REMIC": A segregated asset pool within the Trust Fund
consisting of the Lower-Tier Regular Interests and amounts held from time to
time in the Upper-Tier Distribution Account.

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

            "Voting Rights": The portion of the voting rights of all of the
Certificates that is allocated to any Certificateholder or Class of
Certificateholders. At all times during the term of this Agreement, the
percentage of Voting Rights assigned to each Class shall be: (a) 98% to be
allocated among the Certificateholders of the respective Classes of Regular
Certificates (other than the Class X-1 and Class X-2 Certificates) in proportion
to the Certificate Balances of their Certificates, (b) 2% to be allocated among
the Certificateholders of the Class X Certificates (allocated to the Class X-1
and Class X-2 Certificates on a pro rata basis based on their respective
outstanding Notional Amounts at the time of determination), and (c) 0%, in the
case of the Class R and Class LR Certificates. Voting Rights allocated to a
Class of Certificateholders shall be allocated among such Certificateholders in
proportion to the Percentage Interests in such Class evidenced by their
respective Certificates.

            "Wachovia 2003-C9 Companion Paying Agent": means the "Companion
Paying Agent" under the Wachovia 2003-C9 Pooling and Servicing Agreement, which
as of the date hereof is Wachovia Bank, National Association.

            "Wachovia 2003-C9 Majority Subordinate Certificateholder": As
defined in Section 3.18(l)(ii).

            "Wachovia 2003-C9 Option Purchase Price": As defined in Section
3.18(l)(ii).

            "Wachovia 2003-C9 Pooling and Servicing Agreement": As defined in
the preliminary statement herein.

            "Wachovia 2003-C9 Servicer": As defined in the preliminary statement
herein.

            "Wachovia 2003-C9 Special Servicer": As defined in the preliminary
statement herein.

            "Wachovia 2003-C9 Trust": The securitization trust created pursuant
to the terms of the Wachovia 2003-C9 Pooling and Servicing Agreement.

            "Wachovia 2003-C9 Trustee": As defined in the preliminary statement
herein.

            "Watch List": For any Determination Date, a report substantially in
the form of, and containing the information called for in, the downloadable form
of the "Servicer Watch List" available as of the Closing Date on the CMSA
Website, or in such other form for the presentation of such information and
containing such additional information as may from time to time be promulgated
as recommended by the CMSA for commercial mortgage securities transactions
generally and, insofar as it requires the presentation of information in
addition to that called for by the form of the "Servicer Watch List" available
as of the Closing Date on the CMSA Website, is reasonably acceptable to the
Servicer or the Special Servicer, as applicable.

            "Weighted Average Net Mortgage Pass-Through Rate": With respect to
any Distribution Date, a per annum rate equal to the fraction (expressed as a
percentage) the numerator of which is the sum for all Mortgage Loans of the
product of (i) the Net Mortgage Pass-Through Rate for each such Mortgage Loan as
of the immediately preceding Distribution Date and (ii) the Stated Principal
Balance of each such Mortgage Loan, and the denominator of which is the sum of
the Stated Principal Balances of all such Mortgage Loans as of the immediately
preceding Distribution Date; provided, that in the case of the AFR/Bank of
America Portfolio Mortgage Loan, "Mortgage Loan" shall refer to the Loan REMIC
Regular Interest.

            "Whole Loan": Each of the Tysons Corner Center Whole Loan, the
AFR/Bank of America Portfolio Whole Loan and/or the Meadows Mall Whole Loan, as
the context may require and as applicable.

            "Withheld Amount": With respect to (a) each Distribution Date
occurring in (i) January of each calendar year that is not a leap year and (ii)
February of each calendar year, unless such Distribution Date is the final
Distribution Date, an amount equal to one day's interest at the Mortgage Rate as
of the Due Date (less the Servicing Fee Rate) on the respective Stated Principal
Balance of each Mortgage Loan (and the Loan REMIC Balance of the Loan Regular
Interest in the case of the Loan REMIC Loan) as of the Due Date in the month
preceding the month in which such Distribution Date occurs, to the extent that a
Monthly Payment or a P&I Advance is made in respect thereof.

            "Workout-Delayed Reimbursement Amounts": With respect to any
Mortgage Loan or, with respect to Property Advances, the Serviced Whole Loan,
the amount of any Advance made with respect to such Mortgage Loan or Serviced
Whole Loan on or before the date such Mortgage Loan or Serviced Whole Loan
becomes (or, but for the making of three monthly payments under its modified
terms, would then constitute) a Corrected Mortgage Loan, together with (to the
extent accrued and unpaid) interest on such Advances, to the extent that (i)
such Advance is not reimbursed to the Person who made such Advance on or before
the date, if any, on which such Mortgage Loan or Serviced Whole Loan, as the
case may be, becomes a Corrected Mortgage Loan and (ii) the amount of such
Advance becomes an obligation of the related Borrower to pay such amount under
the terms of the modified Loan Documents.

            "Workout Fee": An amount equal to 1.0% of each collection of
interest and principal (including scheduled payments, prepayments, Balloon
Payments and payments at maturity) received on a Specially Serviced Loan that
becomes a Corrected Mortgage Loan for so long as it remains a Corrected Mortgage
Loan, pursuant to Section 3.12(c).

            "Yield Maintenance Charge": With respect to any Mortgage Loan or the
Serviced Whole Loan, the yield maintenance charge set forth in the related Loan
Documents; provided that, no amounts shall be considered Yield Maintenance
Charges until there has been a full recovery of all principal, interest and
other amounts due under the related Mortgage Loan.

            Section 1.02 Certain Calculations. Unless otherwise specified
herein, the following provisions shall apply:

            (a) All calculations of interest with respect to the Mortgage Loans
and Serviced Companion Loans (other than the Actual/360 Mortgage Loans) and of
Advances in respect thereof provided for herein shall be made on the basis of a
360-day year consisting of twelve 30-day months. All calculations of interest
with respect to the Actual/360 Mortgage Loans and of Advances provided in
respect thereof provided for herein shall be made as set forth in such Mortgage
Loans and, if applicable, Serviced Companion Loans, with respect to the
calculation of the related Mortgage Rate. The Servicing Fee, the Trustee Fee and
the Bond Administrator Fee shall accrue on a loan-by-loan basis (except that
with respect to the Meadows Mall Mortgage Loan, such fees will be calculated on
the basis of a 360-day year consisting of twelve 30-day months).

            (b) Any Mortgage Loan or Serviced Companion Loan payment is deemed
to be received on the date such payment is actually received by the Servicer or
the Bond Administrator; provided, however, that for purposes of calculating
distributions on the Certificates, Principal Prepayments with respect to any
Mortgage Loan or Serviced Companion Loan are deemed to be received on the date
they are applied in accordance with Section 3.01(b) to reduce the Stated
Principal Balance of such Mortgage Loan or Serviced Companion Loan on which
interest accrues.

            (c) Except as otherwise provided in the related Loan Documents or
Co-Lender Agreement, any amounts received in respect of a Mortgage Loan or
Serviced Companion Loan as to which a default has occurred and is continuing in
excess of Monthly Payments shall be applied to Default Interest and other
amounts due on such Mortgage Loan or Serviced Companion Loan prior to the
application to late fees.

            (d) Allocations of payments between a Mortgage Loan and the related
Serviced Companion Loan(s) in a Whole Loan shall be made in accordance with the
related Co-Lender Agreement.

            (e) If an expense under this Agreement relates in the reasonable
judgment of the Servicer, the Special Servicer, the Trustee, Bond Administrator
or the Paying Agent, as applicable, primarily to the administration of the Trust
Fund, any 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, or this Agreement states that any expense is solely "an
expense of the Trust Fund" or words of similar import, then such expense shall
not be allocated to, deducted or reimbursed from, or otherwise charged against
any Serviced Companion Loan Noteholder and such Serviced Companion Loan
Noteholder shall not suffer any adverse consequences as a result of the payment
of such expense.

            (f) All amounts collected on any Mortgage Loan or Serviced Whole
Loan in the form of payments from the related Borrower (excluding Monthly
Payments), Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds
shall be applied to amounts due and owing under the related Note and Mortgage
(including, without limitation, for principal and accrued and unpaid interest)
in accordance with the express provisions of the related Note and Mortgage (and,
with respect to the Serviced Whole Loan, the related Co-Lender Agreement) and,
in the absence of such express provisions, shall be applied: first, as a
recovery of principal then due and owing, in an amount equal to the
Workout-Delayed Reimbursement Amounts or Nonrecoverable Advances, in each case,
that were paid from collections on the Mortgage Loans or the Serviced Whole
Loan, as applicable, and resulted in principal distributed to the
Certificateholders being reduced as a result of clause (ii) in the definition of
"Principal Distribution Amount"; second, as a recovery of accrued and unpaid
interest on such Mortgage Loan or Serviced Whole Loan, as applicable, at the
related Mortgage Rate in effect from time to time to but not including the Due
Date in the related Collection Period of receipt; third, as a recovery of any
remaining principal of such Mortgage Loan or Serviced Whole Loan including by
reason of acceleration of the Mortgage Loan or the Serviced Whole Loan following
a default thereunder (or, if any Liquidation Proceeds are received upon the
liquidation of such Mortgage Loan or Serviced Companion Loan, as a recovery of
principal to the extent of its entire remaining Stated Principal Balance) or if
the related Co-Lender Agreement, if any, so requires; fourth, in accordance with
the Servicing Standard, as a recovery of any Penalty Charges, Prepayment
Premiums and Yield Maintenance Charges; and fifth, as a recovery of any other
amounts then due and owing under such Mortgage Loan or Serviced Whole Loan, as
applicable. Notwithstanding the preceding, such provisions shall not be deemed
to affect the priority of distributions of payments. To the extent that such
amounts are paid by a party other than a Borrower, such amounts shall be deemed
to have been paid in respect of a purchase of all or part of the Mortgaged
Property (in the case of Insurance Proceeds, Condemnation Proceeds or
Liquidation Proceeds) and then paid by the Borrower under the related Mortgage
Loan and Serviced Whole Loan, as applicable, in accordance with the preceding
sentence. Amounts collected on any REO Loan shall be deemed to be applied as
provided in Section 1.02(g).

            (g) Workout-Delayed Reimbursement Amounts and Nonrecoverable
Advances with respect to an REO Loan, in each case, that were paid from
collections on the Mortgage Loans or the Serviced Whole Loan, as applicable, and
resulted in principal distributed to the Certificateholders being reduced as a
result of clause (ii) in the definition of "Principal Distribution Amount" shall
be deemed outstanding until recovered. Collections in respect of each REO Loan
(exclusive of the amounts to be applied to the payment of, or to be reimbursed
to the Servicer or the Special Servicer for the payment of the costs of
operating, managing, selling, leasing and maintaining the related REO Property)
shall be treated: first, to principal, in an amount equal to the Workout-Delayed
Reimbursement Amounts and Nonrecoverable Advances with respect to such REO Loan,
in each case, that were paid from collections on the Mortgage Loans or the
Serviced Whole Loan, as applicable, and resulted in principal distributed to the
Certificateholders being reduced as a result of clause (ii) in the definition of
"Principal Distribution Amount"; second, as a recovery of accrued and unpaid
interest on such REO Loan at the related Mortgage Rate in effect from time to
time to, but not including, the Due Date in the related Collection Period of
receipt; third, as a recovery of any remaining principal of such REO Loan to the
extent of its entire Stated Principal Balance; and fourth, in accordance with
the Servicing Standard, as a recovery of any other amounts due and owing in
respect of such REO Loan, including, without limitation, (i) Penalty Charges,
(ii) Yield Maintenance Charges and (iii) any other amounts, in that order. With
respect to the Tysons Corner Center Whole Loan, the foregoing shall be subject
to the terms of the related Co-Lender Agreement.

            Section 1.03 Certain Constructions. For purposes of the definition
of "Special Servicing Fee," Section 3.19, Section 3.12, Section 3.25 and Section
3.30, references to the most or next most subordinate Class of Certificates
outstanding at any time shall mean the most or next most subordinate Class of
Certificates then outstanding as among the Class A-1, Class A-2, Class A-3,
Class A-4, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class
J, Class K, Class L, Class M, Class N, Class O and Class P Certificates. For
such purposes, the Class A-1, Class A-2, Class A-3 and Class A-4 Certificates
collectively shall be considered to be one Class. For purposes of this
Agreement, each Class of Certificates, other than the Class LR and Class R
Certificates, shall be deemed to be outstanding only to the extent its
respective Certificate Balance has not been reduced to zero. For purposes of
this Agreement, the Class R and Class LR Certificates shall be outstanding so
long as the Trust Fund has not been terminated pursuant to Section 9.01 or any
other Class of Certificates remains outstanding. For purposes of this Agreement,
the Class X-1 and Class X-2 Certificates (and each Component) shall be deemed to
be outstanding until their Notional Balance (or portion thereof allocable to
such Component) has been reduced to zero.

                                   ARTICLE II

                          CONVEYANCE OF MORTGAGE LOANS;
                        ORIGINAL ISSUANCE OF CERTIFICATES

            Section 2.01 Conveyance of Mortgage Loans and Loan REMIC Interests;
Assignment of Mortgage Loan Purchase Agreements. (a) The Depositor, concurrently
with the execution and delivery hereof, does hereby establish a trust designated
as "COMM 2004-LNB2 Mortgage Trust," appoint the Trustee as trustee of the Trust
Fund and sell, transfer, assign, set over and otherwise convey to the Trustee
without recourse (except to the extent herein provided) all the right, title and
interest of the Depositor in and to the Mortgage Loans, including all rights to
payment in respect thereof, except as set forth below, and any security interest
thereunder (whether in real or personal property and whether tangible or
intangible) in favor of the Depositor, the Loan REMIC Interests, and all Reserve
Accounts, Lock-Box Accounts, Cash Collateral Accounts and all other assets to
the extent included or to be included in the Trust Fund for the benefit of the
Certificateholders and the Serviced Companion Loan Noteholders. Such transfer
and assignment includes all interest and principal due on or with respect to the
Mortgage Loans after the Cut-off Date and in a case of a Mortgage Loan included
in a Whole Loan, is subject to the related Co-Lender Agreement. Such transfer
and assignment of a Non-Serviced Mortgage Loan and the right to service such
Non-Serviced Mortgage Loan is further subject to the terms and conditions of the
related Other Pooling and Servicing Agreement and the related Co-Lender
Agreement. The Depositor, concurrently with the execution and delivery hereof,
does also hereby transfer, assign, set over and otherwise convey to the Trustee
without recourse (except to the extent provided herein) all the right, title and
interest of the Depositor in, to and under the Mortgage Loan Purchase Agreements
to the extent related to any Mortgage Loan. The Depositor shall cause the
Reserve Accounts, Cash Collateral Accounts and Lock-Box Accounts relating to the
Mortgage Loans to be transferred to and held in the name of the Servicer on
behalf of the Trustee as successor to the Mortgage Loan Sellers.

            In connection with such transfer and assignment, the Depositor does
hereby deliver to, and deposit with, the Custodian, with copies to the Servicer
and the Special Servicer, the following documents or instruments with respect to
each Mortgage Loan and each Serviced Companion Loan (which except for the Note
referred to clause (i) below, relate to the Whole Loan) so assigned (provided,
however, the documents specified in item (ix) shall be delivered only to the
Servicer):

            (i) (A) the original Note, endorsed by the most recent endorsee
      prior to the Trustee or, if none, by the Originator, without recourse,
      either in blank or to the order of the Trustee in the following form: "Pay
      to the order of Wells Fargo Bank, N.A., as Trustee for the registered
      holders of COMM 2004-LNB2 Commercial Mortgage Pass-Through Certificates,
      without recourse"; and (B) in the case of each Serviced Companion Loan, a
      copy of the executed Note for such Serviced Companion Loan;

            (ii) the original or a copy of the Mortgage and, if applicable, the
      originals or copies of any intervening assignments thereof showing a
      complete chain of assignment from the Originator of the Mortgage Loan to
      the most recent assignee of record thereof prior to the Trustee, if any,
      in each case with evidence of recording indicated thereon;

            (iii) an original assignment of the Mortgage, in recordable form,
      executed by the most recent assignee of record thereof prior to the
      Trustee or, if none, by the Originator, either in blank or in favor of the
      Trustee (in such capacity);

            (iv) (A) an original or copy of any related security agreement (if
      such item is a document separate from the Mortgage) and, if applicable,
      the originals or copies of any intervening assignments thereof showing a
      complete chain of assignment from the Originator of the related Mortgage
      Loan to the most recent assignee of record thereof prior to the Trustee,
      if any; and (B) an original assignment of any related security agreement
      (if such item is a document separate from the related Mortgage) executed
      by the most recent assignee of record thereof prior to the Trustee or, if
      none, by the Originator, either in blank or in favor of the Trustee (in
      such capacity), which assignment may be included as part of the
      corresponding assignment of Mortgage referred to in clause (iii) above;

            (v) (A) stamped or certified copies of any UCC financing statements
      and continuation statements which were filed in order to perfect (and
      maintain the perfection of) any security interest held by the Originator
      of the Mortgage Loan (and each assignee of record prior to the Trustee) in
      and to the personalty of the Borrower at the Mortgaged Property (in each
      case with evidence of filing thereon) and which were in the possession of
      the related Mortgage Loan Seller (or its agent) at the time the Mortgage
      Files were delivered to the Custodian, together with original UCC-2 or
      UCC-3 financing statements showing a complete chain of assignment from the
      secured party named in such UCC-1 financing statement to the Trustee and
      (B) if any such security interest is perfected and the earlier UCC
      financing statements and continuation statements were in the possession of
      the related Mortgage Loan Seller, a UCC financing statement executed by
      the most recent assignee of record prior to the Trustee or, if none, by
      the Originator, evidencing the transfer of such security interest, either
      in blank or in favor of the Trustee;

            (vi) the original or a copy of the Loan Agreement relating to such
      Mortgage Loan, if any;

            (vii) the original or a copy of the lender's title insurance policy
      issued in connection with the origination of the Mortgage Loan, together
      with all endorsements or riders (or copies thereof) that were issued with
      or subsequent to the issuance of such policy, insuring the priority of the
      Mortgage as a first lien on the Mortgaged Property, or a "marked up"
      commitment to insure marked as binding and countersigned by the related
      insurer or its authorized agent, or an agreement to provide the same
      pursuant to binding escrow instructions executed by an authorized
      representative of the title company;

            (viii) (A) the original or a copy of the related Assignment of
      Leases, Rents and Profits (if such item is a document separate from the
      Mortgage) and, if applicable, the originals or copies of any intervening
      assignments thereof showing a complete chain of assignment from the
      Originator of the Mortgage Loan to the most recent assignee of record
      thereof prior to the Trustee, if any, in each case with evidence of
      recording thereon; and (B) an original assignment of any related
      Assignment of Leases, Rents and Profits (a "Reassignment of Assignment of
      Leases, Rents and Profits") (if such item is a document separate from the
      Mortgage), in recordable form, executed by the most recent assignee of
      record thereof prior to the Trustee or, if none, by the Originator, either
      in blank or in favor of the Trustee (in such capacity), which assignment
      may be included as part of the corresponding assignment of Mortgage
      referred to in clause (iii) above;

            (ix) copies of the original Environmental Reports of the Mortgaged
      Properties made in connection with origination of the Mortgage Loans, if
      any;

            (x) copies of the original Management Agreements, if any, for the
      Mortgaged Property;

            (xi) if the Borrower has a leasehold interest in the related
      Mortgaged Property, the original ground lease or a copy thereof;

            (xii) if the related assignment of contracts is separate from the
      Mortgage, the original executed version of such assignment of contracts
      and the assignment thereof to the Trustee;

            (xiii) if any related Lock-Box Agreement or Cash Collateral Account
      Agreement is separate from the Mortgage or Loan Agreement, a copy thereof;
      with respect to the Reserve Accounts, Cash Collateral Accounts and
      Lock-Box Accounts, if any, a copy of the UCC-1 financing statements, if
      any, submitted for filing with respect to the related Mortgage Loan
      Seller's security interest in the Reserve Accounts, Cash Collateral
      Accounts and Lock-Box Accounts and all funds contained therein (and UCC-3
      financing statements assigning such security interest to the Trustee on
      behalf of the Certificateholders);

            (xiv) originals or copies of all assumption, modification, written
      assurance and substitution agreements, with evidence of recording thereon
      if appropriate, in those instances where the terms or provisions of the
      Mortgage, the Note or any related security document have been modified or
      the Mortgage Loan has been assumed;

            (xv) the original or a copy of any guaranty of the obligations of
      the Borrower under the Mortgage Loan together with (A) if applicable, the
      original or copies of any intervening assignments of such guaranty showing
      a complete chain of assignment from the Originator of the Mortgage Loan to
      the most recent assignee thereof prior to the Trustee, if any, and (B) an
      original assignment of such guaranty executed by the most recent assignee
      thereof prior to the Trustee or, if none, by the Originator;

            (xvi) the original or a copy of the power of attorney (with evidence
      of recording thereon, if appropriate) granted by the related Borrower if
      the Mortgage, Note or other document or instrument referred to above was
      signed on behalf of the Borrower pursuant to such power of attorney;

            (xvii) with respect to each Whole Loan, a copy of the related
      Co-Lender Agreement and a copy of the Other Pooling and Servicing
      Agreement;

            (xviii)with respect to the transfer described in Section 2.01(c),
      the originals or copies of the Loan REMIC Declaration;

            (xix) the original (or copy, if the original is held by the Servicer
      pursuant to Section 2.01(d)) of any letter of credit for the benefit of
      the lender securing such Mortgage Loan;

            (xx) the appropriate assignment documentation related to any letter
      of credit securing such Mortgage Loan; and

            (xxi) with respect to the Credit Lease Loan, an original of the
      credit lease enhancement insurance policy, if any, obtained with respect
      to such Credit Lease Loan, an original of the bond lease insurance policy,
      if any, obtained with respect to such Credit Lease Loan and an original of
      the residual value insurance policy, if any, obtained with respect to such
      Mortgage Loan.

            With respect to the Serviced Whole Loan, except for the Note
referred to in clause (i) of the preceding paragraph, only a single original set
of the Loan Documents specified above is required to be delivered. With respect
to the Non-Serviced Mortgage Loans, the preceding document delivery requirements
will be met by the delivery by the applicable Mortgage Loan Seller of copies of
the documents specified above (other than the Note and intervening endorsements
evidencing each Non-Serviced Mortgage Loan, with respect to which the originals
shall be required), including a copy of the Mortgage securing the applicable
Non-Serviced Mortgage Loan. With respect to any group of Cross-Collateralized
Mortgage Loans, if there exists only one original or certified copy of any
document referred to in Sections 2.01(a)(i) through 2.01(a)(xxi) covering all of
the Mortgage Loans in such group of Cross-Collateralized Mortgage Loans, then
the inclusion of such original or certified copy in the Mortgage File for any of
the Mortgage Loans constituting such group of Cross-Collateralized Mortgage
Loans shall be deemed the inclusion of such original or certified copy in the
Mortgage File for each such Mortgage Loan.

            On or prior to the Closing Date, each Mortgage Loan Seller will
retain a third party vendor reasonably satisfactory to the Directing
Certificateholder (which may be the Custodian) to complete the assignment and
recordation of the related Loan Documents. On or promptly following the Closing
Date, each Mortgage Loan Seller will cause such third party vendor, to the
extent possession of recorded copies of each Mortgage and the documents
described in Sections 2.01(a)(iii), (iv), (v), (viii), (xiii) and (xiv) have
been delivered to it, at the expense of the Mortgage Loan Seller, (1) to prepare
and record (a) each Assignment of Mortgage referred to in Section 2.01(a)(iii)
which has not yet been submitted for recording and (b) each Reassignment of
Assignment of Leases, Rents and Profits referred to in Section 2.01(a)(viii)(B)
(if not otherwise included in the related Assignment of Mortgage) which has not
yet been submitted for recordation; and (2) to prepare and file each UCC
financing statement referred to in Section 2.01(a)(v) or (xiii) which has not
yet been submitted for filing. Each Mortgage Loan Seller will direct the related
third party vendor to promptly prepare and submit (and in no event later than 30
Business Days following the receipt of the related documents in the case of
clause 1(a) above and 60 days following the receipt of the applicable documents
in the case of clauses 1(b) and 2 above) for recording or filing, as the case
may be, in the appropriate public recording office, each such document. In the
event that any such document is lost or returned unrecorded because of a defect
therein, the related Mortgage Loan Seller, at the expense of such Mortgage Loan
Seller (as set forth in the related Mortgage Loan Purchase Agreement), will
promptly prepare a substitute document for signature by the Depositor or itself,
as applicable, and thereafter the related Mortgage Loan Seller will cause each
such document to be duly recorded. Each Mortgage Loan Seller will, promptly upon
receipt of the original recorded copy (and in no event later than five Business
Days following such receipt) deliver such original to the Custodian (in the case
of each UCC, with evidence of filing thereon). Notwithstanding anything to the
contrary contained in this Section 2.01, in those instances where the public
recording office retains the original Mortgage, Assignment of Mortgage or
Reassignment of Assignment of Leases, Rents and Profits, if applicable, after
any has been recorded, the obligations hereunder of the Depositor shall be
deemed to have been satisfied upon delivery to the Custodian of a copy of such
Mortgage, Assignment of Mortgage or Reassignment of Assignment of Leases, Rents
and Profits, if applicable, certified by the public recording office to be a
true and complete copy of the recorded original thereof. Notwithstanding the
foregoing, there shall be no requirement to record any assignment to the Trustee
or to file any UCC-3 in those jurisdictions where, in the written opinion of
local counsel (which opinion shall not be an expense of the Trust Fund or any
Serviced Companion Loan Noteholder) acceptable to the Depositor and the Trustee,
such recordation and/or filing is not required to protect the Trustee's interest
in the related Mortgage Loans against sale, further assignment, satisfaction or
discharge by the Mortgage Loan Sellers, the Servicer, the Special Servicer, any
sub-servicer or the Depositor.

            If a Mortgage Loan Seller cannot deliver, or cause to be delivered,
as to any Mortgage Loan, the original or a copy of the related lender's title
insurance policy referred to in Section 2.01(a)(vii) solely because such policy
has not yet been issued, the delivery requirements of this Section 2.01 will be
deemed to be satisfied as to such missing item, and such missing item will be
deemed to have been included in the related Mortgage File by delivery of a
binder marked as binding and countersigned by the title insurer or its
authorized agent or an acknowledged closing instruction or escrow letter. Copies
of recorded or filed Assignments, Reassignments, and UCCs shall be held by the
Custodian.

            Subject to the third preceding paragraph, all original documents
relating to the Mortgage Loans which are not delivered to the Custodian are and
shall be held by the Depositor, the Trustee or the Servicer (or a subservicer on
its behalf), as the case may be, in trust for the benefit of the
Certificateholders (and, insofar as they also relate to the Serviced Companion
Loans, on behalf of and for the benefit of the related Companion Loan
Noteholders). In the event that any such original document is required pursuant
to the terms of this Section to be a part of a Mortgage File or in the case of a
Serviced Companion Loan, the original Note in order to effectuate the purposes
of this Agreement, such document shall be delivered promptly to the Custodian.

            (b) In connection with the Depositor's assignment pursuant to
subsection (a) above, the Depositor shall direct, and hereby represents and
warrants that it has directed, each of the Mortgage Loan Sellers pursuant to the
applicable Mortgage Loan Purchase Agreement to deliver to and deposit with, or
cause to be delivered to and deposited with, the Custodian, on or before the
Closing Date, the Note, for each Mortgage Loan so assigned or Serviced Companion
Loan and, within 30 days following the Closing Date, the remaining applicable
documents referred to in Section 2.01(a) for each such Mortgage Loan or Serviced
Companion Loan, in each case with copies to the Servicer. If the applicable
Mortgage Loan Seller cannot deliver, or cause to be delivered, as to any
Mortgage Loan, the original Note, such Mortgage Loan Seller shall deliver a copy
or duplicate original of such Note, together with an affidavit certifying that
the original thereof has been lost or destroyed and an indemnification in favor
of the Trustee. The Trustee shall provide a certification (in the form attached
hereto as Exhibit S-1) on the Closing Date that all Notes or an appropriate lost
note affidavit has been delivered (with any exceptions noted). The Trustee shall
provide a certification no later than 45 days after the Closing Date (in the
form attached hereto as Exhibit S-2) that a copy of the Mortgage, a copy of any
related ground leases, the originals of any related letters of credit (or copy,
if the original is held by the Servicer pursuant to Section 2.01(d)) and the
lender's title policy (original or copy or marked-up title commitment marked as
binding and countersigned by the title company or its authorized agent either on
its face or by an acknowledged closing instruction or escrow letter) due on the
Closing Date have been delivered (with any exceptions noted).

            If the applicable Mortgage Loan Seller or the Depositor cannot
deliver, or cause to be delivered, as to any Mortgage Loan, the original or a
copy of any of the documents and/or instruments referred to in Section
2.01(a)(ii), Section 2.01(a)(v), Section 2.01(a)(viii)(A), Section 2.01(a)(xiv)
and Section 2.01(a)(xvi) and the UCCs referred to in Section 2.01(a)(xiii), with
evidence of recording thereon, solely because of a delay caused by the public
recording or filing office where such document or instrument has been delivered
for recordation or filing, or because such original recorded document has been
lost or returned from the recording or filing office and subsequently lost, as
the case may be, the delivery requirements of Section 2.01 shall be deemed to
have been satisfied as to such missing item, and such missing item shall be
deemed to have been included in the related Mortgage File, provided that a copy
of such document or instrument (without evidence of recording or filing thereon,
but certified (which certificate may relate to multiple documents and/or
instruments) by the related Mortgage Loan Seller to be a true and complete copy
of the original thereof submitted for recording or filing, as the case may be)
has been delivered to the Custodian within 45 days of the Closing Date, and
either the original of such missing document or instrument, or a copy thereof,
with evidence of recording or filing, as the case may be, thereon, is delivered
to the Custodian within 180 days of the Closing Date (or within such longer
period after the Closing Date as the Trustee may consent to, which consent shall
not be unreasonably withheld so long as the related Mortgage Loan Seller has
provided the Trustee with evidence of such recording or filing, as the case may
be, or has certified to the Trustee as to the occurrence of such recording or
filing, as the case may be, and is, as certified to the Trustee no less often
than quarterly, in good faith attempting to obtain from the appropriate county
recorder's or filing office such original or copy).

            (c) The Depositor, concurrently with the execution and delivery
hereof, does hereby sell, transfer, assign, set over and otherwise convey to the
Trustee without recourse (except to the extent herein provided) all the right,
title and interest of the Depositor in, to and under the Loan REMIC Interests
and the Loan REMIC Declaration. The Bond Administrator shall administer the Loan
REMIC in accordance with Section 4.04(b) hereof.

            (d) Notwithstanding anything herein to the contrary, with respect to
the documents referred to in clause (xix) of Section 2.01(a), the Servicer shall
hold the original of such document in trust on behalf of the Trustee in order to
draw on such letter of credit and the applicable Mortgage Loan Seller shall be
deemed to have satisfied the delivery requirements of the related Mortgage Loan
Purchase Agreement and this Section 2.01 by delivering the original of such
document to the Servicer, who shall forward a copy of the applicable document to
the Trustee. The applicable Mortgage Loan Seller shall pay any costs of
assignment of such letter of credit required in order for the Servicer to draw
on such letter of credit. In the event that the documents specified in clause
(xx) of Section 2.01(a) are missing because the related assignment documents
have not been completed, the applicable Mortgage Loan Seller shall take all
necessary steps to enable the Servicer to draw on the related letter of credit
including, if necessary, drawing on the letter of credit in its own name
pursuant to written instructions from the Servicer and immediately remitting
such funds (or causing such funds to be remitted) to the Servicer.

            Section 2.02 Acceptance by Custodian and the Trustee. By its
execution and delivery of this Agreement, the Trustee acknowledges the
assignment to it of the Mortgage Loans in good faith without notice of adverse
claims and declares that the Custodian holds and will hold such documents and
all others delivered to it constituting the Mortgage File (to the extent the
documents constituting the Mortgage File are actually delivered to the
Custodian) for any Mortgage Loan assigned to the Trustee hereunder in trust,
upon the conditions herein set forth, for the use and benefit of all present and
future Certificateholders and Serviced Companion Loan Noteholders. The Custodian
agrees to review each Mortgage File within 60 days after the later of the
Closing Date or actual receipt (but no later than 120 days after the Closing
Date with respect to any Mortgage File received within 100 days of the Closing
Date), to ascertain that all documents (other than documents referred to in
clause (ix) of Section 2.01 which shall be delivered to the Servicer and the
documents referred to in clauses (iii), (v)(B) and (viii)(B) of Section 2.01
which shall be delivered for recording by the Mortgage Loan Sellers as provided
herein) referred to in Section 2.01 above (in the case of the documents referred
to in Section 2.01(iv), (v), (vi), (vii) (in the case of any endorsement
thereto), (viii), (ix) and (x) through (xvii), as identified to it in writing by
the related Mortgage Loan Seller) and any original recorded documents referred
to in the first sentence of this Section included in the delivery of a Mortgage
File have been received, have been executed, appear to be what they purport to
be, purport to be recorded or filed (as applicable) and have not been torn in
any materially adverse manner or mutilated or otherwise defaced, and that such
documents relate to the Mortgage Loans identified in the Mortgage Loan Schedule.
In so doing, the Custodian may rely on the purported due execution and
genuineness of any such document and on the purported genuineness of any
signature thereon. If at the conclusion of such review any document or documents
constituting a part of a Mortgage File have not been executed or received, have
not been recorded or filed (if required), are unrelated to the Mortgage Loans
identified in the Mortgage Loan Schedule, appear not to be what they purport to
be or have been torn in any materially adverse manner or mutilated or otherwise
defaced, the Custodian shall promptly so notify (in the form attached hereto as
Exhibit R) the Bond Administrator, the Trustee, the Depositor, the Servicer, the
Special Servicer and the related Mortgage Loan Seller by providing a written
report, setting forth for each affected Mortgage Loan, with particularity, the
nature of the defective or missing document. The Depositor shall or shall cause
the related Mortgage Loan Seller to deliver an executed, recorded or undamaged
document, as applicable, or, if the failure to deliver such document in such
form has a material adverse effect on the security provided by the related
Mortgaged Property or the ability of the Trustee to timely enforce any rights or
remedies in respect of such Mortgaged Property, the Depositor shall cause the
related Mortgage Loan Seller to repurchase the related Mortgage Loan in the
manner provided in Section 2.03. None of the Servicer, the Special Servicer, the
Bond Administrator or the Trustee shall be responsible for any loss, cost,
damage or expense to the Trust Fund resulting from any failure to receive any
document constituting a portion of a Mortgage File noted on such a report or for
any failure by the Depositor to use its best efforts to deliver any such
document.

            Contemporaneously with its execution of this Agreement, the
Depositor shall cause each Mortgage Loan Seller to deliver, a power of attorney
to each of the Servicer and Special Servicer, at the direction of the Directing
Certificateholder or its assignees, to take such other action as is necessary to
effect the delivery, assignment and/or recordation of any documents and/or
instruments relating to any Mortgage Loan which have not been delivered,
assigned or recorded at the time required for enforcement by the Trust Fund.
Pursuant to the related Mortgage Loan Purchase Agreement, each of the Mortgage
Loan Sellers will be required to effect (at the expense of the applicable
Mortgage Loan Seller) the assignment and recordation of its respective Loan
Documents until the assignment and recordation of all such Loan Documents has
been completed.

            In reviewing any Mortgage File pursuant to the preceding paragraph
or Section 2.01, the Servicer shall have no responsibility to cause the
Custodian or Trustee to, and the Custodian or Trustee will have no
responsibility to, determine whether any document or opinion is legal, valid,
binding or enforceable, whether the text of any assignment or endorsement is in
proper or recordable form (except, if applicable, to determine if the Trustee is
the assignee or endorsee), whether any document has been recorded in accordance
with the requirements of any applicable jurisdiction, whether a blanket
assignment is permitted in any applicable jurisdiction, or whether any Person
executing any document or rendering any opinion is authorized to do so or
whether any signature thereon is genuine.

            The Custodian shall hold that portion of the Trust Fund delivered to
the Custodian consisting of "instruments" (as such term is defined in Section
9-105(i) of the Uniform Commercial Code as in effect in Minnesota on the date
hereof) in Minnesota and, except as otherwise specifically provided in this
Agreement, shall not remove such instruments from Minnesota, as applicable,
unless it receives an Opinion of Counsel (obtained and delivered at the expense
of the Person requesting the removal of such instruments from Minnesota) that in
the event the transfer of the Mortgage Loans to the Trustee is deemed not to be
a sale, after such removal, the Trustee will possess a first priority perfected
security interest in such instruments.

            Section 2.03 Representations, Warranties and Covenants of the
Depositor; Repurchase and Substitution of Mortgage Loans. (a) The Depositor
hereby represents and warrants that:

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

            (ii) The Depositor has taken all necessary action to authorize the
      execution, delivery and performance of this Agreement by it, and has the
      power and authority to execute, deliver and perform this Agreement and all
      the transactions contemplated hereby, including, but not limited to, the
      power and authority to sell, assign and transfer the Mortgage Loans in
      accordance with this Agreement;

            (iii) This Agreement has been duly and validly executed and
      delivered by the Depositor and assuming the due authorization, execution
      and delivery of this Agreement by each other party hereto, this Agreement
      and all of the obligations of the Depositor hereunder are the legal, valid
      and binding obligations of the Depositor, enforceable in accordance with
      the terms of this Agreement, except as such enforcement may be limited by
      bankruptcy, insolvency, reorganization, liquidation, receivership,
      moratorium or other laws relating to or affecting creditors' rights
      generally, or by general principles of equity (regardless of whether such
      enforceability is considered in a proceeding in equity or at law);

            (iv) The execution and delivery of this Agreement and the
      performance of its obligations hereunder by the Depositor will not
      conflict with any provision of its certificate of incorporation or bylaws,
      or any law or regulation to which the Depositor is subject, or conflict
      with, result in a breach of or constitute a default under (or an event
      which with notice or lapse of time or both would constitute a default
      under) any of the terms, conditions or provisions of any agreement or
      instrument to which the Depositor is a party or by which it is bound, or
      any law, order or decree applicable to the Depositor, or result in the
      creation or imposition of any lien on any of the Depositor's assets or
      property, which would materially and adversely affect the ability of the
      Depositor to carry out the transactions contemplated by this Agreement;

            (v) The certificate of incorporation of the Depositor provides that
      the Depositor is permitted to engage in only the following activities:

                  (A) to acquire, own, hold, sell, transfer, assign, pledge and
            otherwise deal with the following: (I) "fully-modified pass-through"
            certificates ("GNMA Certificates") issued and guaranteed as to
            timely payment of principal and interest by the Government National
            Mortgage Association ("GNMA"), a wholly-owned corporate
            instrumentality of the United States within the Department of
            Housing and Urban Development organized and existing under Title III
            of the National Housing Act of 1934; (II) Guaranteed Mortgage
            Pass-Through Certificates ("FNMA Certificates") issued and
            guaranteed as to timely payment of principal and interest by FNMA;
            (III) Mortgage Participation Certificates ("FHLMC Certificates")
            issued and guaranteed as to timely payment of interest and ultimate
            or full payment of principal by FHLMC; (IV) any other participation
            certificates, pass-through certificates or other obligations or
            interests backed directly or indirectly by mortgage loans and issued
            or guaranteed by GNMA, FNMA or FHLMC (collectively with the GNMA
            Certificates, FNMA Certificates and FHLMC Certificates, the "Agency
            Securities"); (V) mortgage-backed securities, which securities need
            not be issued or guaranteed, in whole or in part, by any
            governmental entity, issued by one or more private entities
            (hereinafter referred to as "Private Securities"); (VI) mortgage
            loans secured by first, second or more junior liens on one-to-four
            family residential properties, multifamily properties that are
            either rental apartment buildings or projects containing five or
            more residential units or commercial properties, regardless of
            whether insured or guaranteed in whole or in part by any
            governmental entity, or participation interests or stripped
            interests in such mortgage loans ("Mortgage Loans"); (VII)
            conditional sales contracts and installment sales or loan agreements
            or participation interests therein secured by manufactured housing
            ("Contract"); and (VIII) receivables of third-parties or other
            financial assets of third-parties, either fixed or revolving, that
            by their terms convert into cash within a finite time period ("Other
            Assets");

                  (B) to loan its funds to any person under loan agreements and
            other arrangements which are secured by Agency Securities, Private
            Securities, Mortgage Loans, Contracts and/or Other Assets;

                  (C) to authorize, issue, sell and deliver bonds or other
            evidences of indebtedness that are secured by Agency Securities,
            Private Securities, Mortgage Loans, Contracts and/or Other Assets;

                  (D) to authorize, issue, sell and deliver certificates
            evidencing beneficial ownership interests in pools of Agency
            Securities, Private Securities, Mortgage Loans, Contracts and/or
            Other Assets; and

                  (E) to engage in any activity and to exercise any powers
            permitted to corporations under the laws of the State of Delaware
            that are incident to the foregoing and necessary or convenient to
            accomplish the foregoing.

Capitalized terms defined in this clause (v) shall apply only to such clause;

            (vi) There is no action, suit, proceeding or investigation pending
      or threatened against the Depositor in any court or by or before any other
      governmental agency or instrumentality which would materially and
      adversely affect the ability of the Depositor to carry out its obligations
      under this Agreement;

            (vii) No consent, approval, authorization or order of, or
      registration or filing with, or notice to any court or governmental agency
      or body, is required for the execution, delivery and performance by the
      Depositor of or compliance by the Depositor with this Agreement, or if
      required, such approval has been obtained prior to the Cut-off Date; and

            (viii)The Trustee, if not the owner of the related Mortgage Loan,
      will have a valid and perfected security interest of first priority in
      each of the Mortgage Loans and any proceeds thereof.

            (b) The Depositor hereby represents and warrants with respect to
each Mortgage Loan that:

            (i) Immediately prior to the transfer and assignment to the Trustee,
      the Note and the Mortgage were not subject to an assignment or pledge, and
      the Depositor had good title to, and was the sole owner of, the Mortgage
      Loan and had full right to transfer and sell the Mortgage Loan to the
      Trustee free and clear of any encumbrance, equity, lien, pledge, charge,
      claim or security interest, provided, that, in the case of each
      Non-Serviced Mortgage Loan, the related Mortgage will not be executed and
      delivered in favor of the Trustee, but rather has been assigned to the
      applicable Other Trustee under the related Other Pooling and Servicing
      Agreement;`

            (ii) The Depositor is transferring such Mortgage Loan free and clear
      of any and all liens, pledges, charges or security interests of any nature
      encumbering such Mortgage Loan;

            (iii) The related Assignment of Mortgage constitutes the legal,
      valid and binding assignment of such Mortgage from the Depositor to the
      Trustee, and any related Reassignment of Assignment of Leases, Rents and
      Profits constitutes the legal, valid and binding assignment from the
      Depositor to the Trustee; and

            (iv) No claims have been made by the Depositor under the lender's
      title insurance policy, and the Depositor has not done anything which
      would impair the coverage of such lender's title insurance policy.

            (c) It is understood and agreed that the representations and
warranties set forth in this Section 2.03 shall survive delivery of the
respective Mortgage Files to the Custodian until the termination of this
Agreement, and shall inure to the benefit of the Certificateholders, the
Serviced Companion Loan Noteholders, the Servicer and the Special Servicer.

            (d) If any of the Servicer, the Special Servicer, the Trustee or the
Bond Administrator discovers or receives notice of a defect in any Mortgage File
(a "Defect") or a breach of any representation or warranty set forth in, or
required to be made with respect to a Mortgage Loan by the applicable Mortgage
Loan Seller pursuant to, the related Mortgage Loan Purchase Agreement (a
"Breach"), which Defect or Breach, as the case may be, materially and adversely
affects the value of any Mortgage Loan or the interests of any
Certificateholders therein, the Servicer, the Special Servicer, the Trustee or
the Bond Administrator, as applicable, shall give prompt written notice of such
Defect or Breach, as the case may be, to the Depositor, each Rating Agency, the
Servicer, the Special Servicer, the Mortgage Loan Sellers, the Trustee, the Bond
Administrator and the Directing Certificateholder, and the Servicer or the
Special Servicer (in the case of Specially Serviced Loans) shall request that
the applicable Mortgage Loan Seller, not later than the earlier of 90 days from
the applicable Mortgage Loan Seller's receipt of such notice or the Mortgage
Loan Seller's discovery of such Breach, (i) cure such Defect or Breach, as the
case may be, in all material respects, (ii) repurchase the affected Mortgage
Loan (and, if such affected Mortgage Loan is a cross-collateralized Mortgage
Loan and not otherwise un-crossed as set forth below, the other Mortgage Loan(s)
in such cross-collateralized group (and such other Mortgage Loan so repurchased
will be deemed to be in breach of the representations and warranties by reason
of its cross-collateralization with the affected Mortgage Loan)) at the
applicable Repurchase Price or in conformity with the applicable Mortgage Loan
Purchase Agreement or (iii) substitute a Qualified Substitute Mortgage Loan or
Qualified Substitute Mortgage Loans for such affected Mortgage Loan or Mortgage
Loans (provided that in no event shall any such substitution occur later than
the second anniversary of the Closing Date) and pay the Servicer for deposit
into the Collection Account any Substitution Shortfall Amount in connection
therewith; provided, however, that if such Breach and Defect is capable of being
cured but not within such 90-day period, and the Mortgage Loan Seller has
commenced and is diligently proceeding with the cure of such Breach or Defect
within such 90-day period (the "Initial Resolution Period"), the Mortgage Loan
Seller shall have an additional 90 days to complete such cure (or, failing such
cure, to repurchase the related Mortgage Loan or substitute a Qualified
Substitute Mortgage Loan) and provided, further, that with respect to such
additional 90-day period, the Mortgage Loan Seller shall have delivered an
Officer's Certificate to the Rating Agencies and the Trustee setting forth the
reason such Breach or Defect is not capable of being cured within the initial
90-day period and what actions the Mortgage Loan Seller is pursuing in
connection with the cure thereof and stating that the Mortgage Loan Seller
anticipates that such Breach or Defect will be cured within the additional
90-day period. Notwithstanding the foregoing, any Defect or Breach which causes
any Mortgage Loan not to be a "qualified mortgage" (within the meaning of
Section 860G(a)(3) of the Code, without regard to the rule of Treasury
Regulations Section 1.860G-2(f)(2) which causes a defective Mortgage Loan to be
treated as a qualified mortgage) shall be deemed to materially and adversely
affect the interest of Certificateholders therein, and such Mortgage Loan shall
be repurchased no later than the earlier of 90 days from the applicable Mortgage
Loan Seller's receipt of a notice of such Defect or Breach or the Mortgage Loan
Seller's discovery of such Breach or Defect. If the affected Mortgage Loan is to
be repurchased, the funds in the amount of the Repurchase Price are to be
deposited by wire transfer in the Collection Account or with respect to the
Serviced Whole Loan, the Serviced Whole Loan Collection Account. Notwithstanding
the foregoing, if a Mortgage Loan is not secured by a restaurant (operated by
the Borrower), self-storage facility, theatre (as sole collateral), mobile home
park or fitness center (operated by the Borrower) property, then the failure to
deliver to the Trustee copies of the UCC Financing Statements with respect to
such Mortgage Loan shall not be a material Defect or material Breach. All
reasonable out-of-pocket expenses reasonably incurred by the Servicer, the
Special Servicer, the Trustee or the Bond Administrator in respect of the Breach
or Defect giving rise to the repurchase obligation described in this Section
2.03(d) shall be considered a Property Advance.

            If one of a group of cross-collateralized Mortgage Loans is to be
repurchased by the related Mortgage Loan Seller as contemplated in this Section
2.03(d), then, prior to such repurchase, the related Mortgage Loan Seller or its
designee is required to use its reasonable efforts to prepare and have executed
all documentation necessary to terminate the cross-collateralization between
such Mortgage Loans; provided, such Mortgage Loan Seller shall not effect such
termination unless the Directing Certificateholder has consented in its sole
discretion and the Trustee has received from the related Mortgage Loan Seller
(i) an Opinion of Counsel to the effect that such termination would neither
endanger the status of the Loan REMIC, the Lower-Tier REMIC or the Upper-Tier
REMIC as a REMIC nor result in the imposition of any tax on the Loan REMIC, the
Lower-Tier REMIC or the Upper-Tier REMIC or the Trust Fund and (ii) written
confirmation from each Rating Agency that such termination would not cause the
then-current ratings of the Certificates to be qualified, withdrawn or
downgraded; and provided, further, such Mortgage Loan Seller may, at its option
and within 30 days, purchase all such cross collateralized Mortgage Loans in
lieu of effecting a termination of the cross-collateralization. All costs and
expenses incurred by the Trustee in connection with the termination of the
cross-collateralization between such Mortgage Loans shall be included in the
calculation of the applicable Repurchase Price for the Mortgage Loan to be
repurchased. If the cross-collateralization cannot be terminated as set forth
above, then, for purposes of (i) determining whether a Breach or Defect, as the
case may be, materially and adversely affects the value of any Mortgage Loan or
the interests of any Certificateholders and (ii) the application of remedies,
all such Mortgage Loans are required to be treated collectively as a single
Mortgage Loan.

            On each anniversary of the Closing Date, the Custodian shall prepare
and forward to the Bond Administrator, the Depositor, the Trustee, the Servicer,
the Special Servicer, the Directing Certificateholder (as identified to the
Custodian by the Bond Administrator), a document exception report setting forth
the then current status of any Defects related to the Mortgage Files in a format
mutually agreed upon between the Custodian and the Bond Administrator.

            Except as set forth above, the Depositor and the Trustee hereby give
the Servicer and the Special Servicer pari passu rights with respect to
monitoring the timely correction of any material Defect or material Breach by
any Mortgage Loan Seller and the enforcement of any obligation to repurchase any
Mortgage Loan. Such enforcement, including, without limitation, the legal
prosecution of claims, shall be carried out in such form, to such extent and at
such time as the Trustee, the Servicer or the Special Servicer, as the case may
be, would require were it, in its individual capacity, the owner of the affected
Mortgage Loan(s). The Trustee, the Servicer and the Special Servicer, as the
case may be, shall be reimbursed for the reasonable costs of such enforcement
first, from a specific recovery of costs, expenses or attorneys' fees against
the applicable Mortgage Loan Seller ordered or awarded pursuant to an
adjudication, and second, out of general collections on the Mortgage Loans on
deposit in the Collection Account and/or Serviced Whole Loan Collection Account,
as applicable.

            As to any Qualifying Substitute Mortgage Loan, the Trustee shall
direct the related Mortgage Loan Seller to deliver to the Custodian for such
Qualifying Substitute Mortgage Loan (with a copy to the Servicer), the related
Mortgage File with the related Note endorsed as required by Section 2.01(i)
hereof. Monthly Payments due with respect to Qualifying Substitute Mortgage
Loans in the month of substitution shall not be part of the Trust Fund and will
be retained by the Servicer and remitted by the Servicer to the related Mortgage
Loan Seller on the next succeeding Distribution Date. For the month of
substitution, distributions to Certificateholders will include the Monthly
Payment due on the related Removed Mortgage Loan for such month and thereafter
such Mortgage Loan Seller shall be entitled to retain all amounts received in
respect of such Removed Mortgage Loan.

            In any month in which a Mortgage Loan Seller substitutes one or more
Qualifying Substitute Mortgage Loans for one or more Removed Mortgage Loans, the
Servicer will determine the applicable Substitution Shortfall Amount. The
Trustee shall direct such Mortgage Loan Seller to deposit cash equal to such
amount into the Collection Account and/or Serviced Whole Loan Collection
Account, as applicable, concurrently with the delivery of the Mortgage Files for
such Qualifying Substitute Mortgage Loans, without any reimbursement thereof.
The Trustee shall also direct such Mortgage Loan Seller to give written notice
to the Depositor, the Bond Administrator and the Servicer of such deposit. The
Trustee shall amend the Mortgage Loan Schedule to reflect the removal of each
Removed Mortgage Loan and, if applicable, the substitution of the Qualifying
Substitute Mortgage Loan; and, upon such amendment, the Trustee shall deliver or
cause the delivery of such amended Mortgage Loan Schedule to the other parties
hereto. Upon any such substitution, the Qualifying Substitute Mortgage Loans
shall be subject to the terms of this Agreement in all respects.

            It is understood and agreed that Section 6 of the Mortgage Loan
Purchase Agreements provides the sole remedy available to the
Certificateholders, or the Trustee on behalf of the Certificateholders,
respecting any Breach (including a Breach with respect to a Mortgage Loan
failing to constitute a Qualified Mortgage) or any Defect.

            In connection with the repurchase of the AFR/Bank of America
Portfolio Mortgage Loan, as contemplated by this Section 2.03, the Mortgage Loan
Seller shall be deemed to repurchase the Loan REMIC Interests, and the Bond
Administrator on behalf of the Trustee shall have no further responsibility for
administering the Loan REMIC pursuant to this Agreement. In the case of a
substitution of the AFR/Bank of America Portfolio Mortgage Loan, all references
in this Agreement to the AFR/Bank of America Portfolio Mortgage Loan or Loan
REMIC Loan shall be to the Qualified Substitute Mortgage Loan substituted
therefor; provided that the Mortgage Rate and the Loan REMIC Balance of the Loan
REMIC Regular Interest shall not change by reason of such substitution.

            (e) Upon receipt by the Servicer from a Mortgage Loan Seller of the
Repurchase Price for the Removed Mortgage Loan, the Servicer shall deposit such
amount in the Collection Account, and/or Serviced Whole Loan Collection Account,
as applicable, and the Trustee, pursuant to Section 3.11, shall, upon receipt of
a certificate of a Servicing Officer certifying as to the receipt by the
Servicer of the Repurchase Price and the deposit of the Repurchase Price into
the Collection Account and/or Serviced Whole Loan Collection Account, as
applicable, pursuant to this Section 2.03(e), promptly release or cause to be
released to such Mortgage Loan Seller the related Mortgage File and shall
execute and deliver such instruments of transfer or assignment, in each case
without recourse, representation or warranty, as shall be prepared by the
Servicer to vest in such Mortgage Loan Seller any Mortgage Loan released
pursuant hereto, and any rights of the Depositor in, to and under the related
Mortgage Loan Purchase Agreement as it related to such Removed Mortgage Loan
that was initially transferred to the Trust Fund under Section 2.01, and the
Trustee and the Servicer shall have no further responsibility with regard to
such Mortgage File.

            (f) Upon a substitution of a Mortgage Loan, the Trustee, pursuant to
Section 3.11, shall, upon receipt by the Custodian of the Mortgage File for such
Qualifying Substitute Mortgage Loan and receipt of a certificate of a Servicing
Officer certifying as to the receipt by the Servicer of a copy of the Mortgage
File for such Qualifying Substitute Mortgage Loans and the applicable
Substitution Shortfall Amount and the deposit of the Substitution Shortfall
Amount into the Collection Account and/or Serviced Whole Loan Collection
Account, as applicable, pursuant to this Section 2.03(f), promptly cause to be
released to the Depositor or the related Mortgage Loan Seller, as applicable,
the related Mortgage File of the related Removed Mortgage Loan and shall execute
and deliver such instruments of transfer or assignment, in each case without
recourse, representation or warranty, as shall be prepared by the Servicer to
vest in the Depositor or the related Mortgage Loan Seller any Removed Mortgage
Loan released pursuant hereto, and any rights of the Depositor in, to and under
the related Mortgage Loan Purchase Agreement as it related to such Removed
Mortgage Loan that was initially transferred to the Trust Fund under Section
2.01, and the Trustee and the Servicer shall have no further responsibility with
regard to such Mortgage File.

            (g) In the event that any litigation is commenced which alleges
facts which, in the judgment of the Depositor, could constitute a breach of any
of the Depositor's representations and warranties relating to the Mortgage
Loans, the Depositor hereby reserves the right to conduct the defense of such
litigation at its expense and shall not be required to obtain any consent from
the Servicer, the Special Servicer or the Directing Certificateholder.

            (h) If for any reason a Mortgage Loan Seller fails to fulfill its
obligations under this Section 2.03 with respect to any Mortgage Loan, the
Servicer or the Special Servicer, as applicable, shall use reasonable efforts in
enforcing any obligation of such Mortgage Loan Seller to cure, repurchase or
substitute such Mortgage Loan under the terms of the related Mortgage Loan
Purchase Agreement, all at the expense of such Mortgage Loan Seller.

            Section 2.04 Representations, Warranties and Covenants of the
Servicer, Special Servicer, Trustee and the Bond Administrator. (a) The
Servicer, as Servicer, hereby represents and warrants to and covenants with the
Trustee, for its own benefit and the benefit of the Certificateholders, and to
the Bond Administrator, the Depositor, the Special Servicer and the Serviced
Companion Loan Noteholders, as of the Closing Date, that:

            (i) The Servicer is a corporation, duly organized, validly existing
      and in good standing under the laws of the State of California and has all
      licenses necessary to carry on its business as now being conducted and is
      in compliance with the laws of each state (within the United States of
      America) in which any Mortgaged Property is located to the extent
      necessary to comply with its duties and responsibilities hereunder with
      respect to each Mortgage Loan and each Serviced Companion Loan in
      accordance with the terms of this Agreement;

            (ii) The Servicer has the full power, authority and legal right to
      execute and deliver this Agreement and to perform in accordance herewith;
      the execution and delivery of this Agreement by the Servicer and its
      performance and compliance with the terms of this Agreement will not
      violate the Servicer's certificate of incorporation or by laws, or
      constitute a default (or an event which, with notice or lapse of time, or
      both, would constitute a default) under, or result in the breach of, any
      material contract, agreement or other instrument to which the Servicer is
      a party or which may be applicable to the Servicer or any of its assets;

            (iii) This Agreement has been duly and validly authorized, executed
      and delivered by the Servicer and, assuming due authorization, execution
      and delivery by the other parties hereto, constitutes a legal, valid and
      binding obligation of the Servicer, enforceable against it in accordance
      with the terms of this Agreement, except as such enforcement may be
      limited by bankruptcy, insolvency, reorganization, liquidation,
      receivership, moratorium or other laws relating to or affecting creditors'
      rights generally, or by general principles of equity (regardless of
      whether such enforceability is considered in a proceeding in equity or at
      law), and all requisite corporate action has been taken by the Servicer to
      make this Agreement and all agreements contemplated hereby valid and
      binding upon the Servicer in accordance with their terms;

            (iv) The Servicer is not in violation of, and the execution and
      delivery of this Agreement by the Servicer and its performance and
      compliance with the terms of this Agreement will not constitute a
      violation with respect to, any order or decree of any court binding on the
      Servicer or any law, order or regulation of any federal, state, municipal
      or governmental agency having jurisdiction, or result in the creation or
      imposition of any lien, charge or encumbrance which, in any such event,
      would have consequences that would materially and adversely affect the
      condition (financial or otherwise) or operation of the Servicer or its
      properties or impair the ability of the Trust Fund to realize on the
      Mortgage Loans or the ability of the Servicer to realize on the Serviced
      Whole Loan on behalf of the Certificateholders and the Serviced Companion
      Loan Noteholders;

            (v) There is no action, suit, proceeding or investigation pending or
      threatened against the Servicer which, either in any one instance or in
      the aggregate, would result in any material adverse change in the
      business, operations, financial condition, properties or assets of the
      Servicer, or would, if adversely determined, materially impair the ability
      of the Servicer to carry on its business substantially as now conducted,
      or in any material liability on the part of the Servicer, or which would
      draw into question the validity of this Agreement or the Mortgage Loans or
      the Serviced Companion Loans or of any action taken or to be taken in
      connection with the obligations of the Servicer contemplated herein, or
      which would be likely to impair materially the ability of the Servicer to
      perform under the terms of this Agreement;

            (vi) No consent, approval, authorization or order of, or
      registration or filing with, or notice to any court or governmental agency
      or body, is required for the execution, delivery and performance by the
      Servicer of or compliance by the Servicer with this Agreement, or if
      required, such approval has been obtained prior to the Cut-off Date; and

            (vii) The Servicer has errors and omissions insurance coverage which
      is in full force and effect and complies with the requirements of this
      Agreement.

            (b) The Special Servicer, as Special Servicer, hereby represents and
warrants to and covenants with the Trustee, for its own benefit and the benefit
of the Certificateholders, and to the Bond Administrator, the Depositor, the
Servicer and the Serviced Companion Loan Noteholders, as of the Closing Date,
that:

            (i) The Special Servicer is a corporation, duly organized, validly
      existing and in good standing under the laws of the State of Florida and
      has all licenses necessary to carry on its business as now being conducted
      and is in compliance with the laws of each state (within the United States
      of America) in which any Mortgaged Property is located to the extent
      necessary to comply with its duties and responsibilities hereunder with
      respect to each Mortgage Loan and each Serviced Companion Loan in
      accordance with the terms of this Agreement;

            (ii) The Special Servicer has the full power, authority and legal
      right to execute and deliver this Agreement and to perform in accordance
      herewith; the execution and delivery of this Agreement by the Special
      Servicer and its performance and compliance with the terms of this
      Agreement will not violate the Special Servicer's certificate of
      incorporation or bylaws or constitute a default (or an event which, with
      notice or lapse of time, or both, would constitute a default) under, or
      result in the breach of, any material contract, agreement or other
      instrument to which the Special Servicer is a party or which may be
      applicable to the Special Servicer or any of its assets;

            (iii) This Agreement has been duly and validly authorized, executed
      and delivered by the Special Servicer and, assuming due authorization,
      execution and delivery by the other parties hereto, constitutes a legal,
      valid and binding obligation of the Special Servicer, enforceable against
      it in accordance with the terms of this Agreement, except as such
      enforcement may be limited by bankruptcy, insolvency, reorganization,
      liquidation, receivership, moratorium or other laws relating to or
      affecting creditors' rights generally, or by general principles of equity
      (regardless of whether such enforceability is considered in a proceeding
      in equity or at law), and all requisite corporate action has been taken by
      the Special Servicer to make this Agreement and all agreements
      contemplated hereby valid and binding upon the Special Servicer in
      accordance with their terms;

            (iv) The Special Servicer is not in violation of, and the execution
      and delivery of this Agreement by the Special Servicer and its performance
      and compliance with the terms of this Agreement will not constitute a
      violation with respect to, any law, order or decree of any court binding
      on the Special Servicer or any order or regulation of any federal, state,
      municipal or governmental agency having jurisdiction, or result in the
      creation or imposition of any lien, charge or encumbrance which, in any
      such event, would have consequences that would materially and adversely
      affect the condition (financial or otherwise) or operation of the Special
      Servicer or its properties or impair the ability of the Trust Fund to
      realize on the Mortgage Loans or the ability of the Special Servicer to
      realize on the Serviced Whole Loan on behalf of the Certificateholders and
      the Serviced Companion Loan Noteholders;

            (v) There is no action, suit, proceeding or investigation pending or
      threatened against the Special Servicer which, either in any one instance
      or in the aggregate, would result in any material adverse change in the
      business, operations, financial condition, properties or assets of the
      Special Servicer, or in any material impairment of the right, or would, if
      adversely determined, materially impair the ability of the Special
      Servicer to carry on its business substantially as now conducted, or in
      any material liability on the part of the Special Servicer, or which would
      draw into question the validity of this Agreement or the Mortgage Loans or
      each Serviced Companion Loan or of any action taken or to be taken in
      connection with the obligations of the Special Servicer contemplated
      herein, or which would be likely to impair materially the ability of the
      Special Servicer to perform under the terms of this Agreement;

            (vi) No consent, approval, authorization or order of, or
      registration or filing with, or notice to any court or governmental agency
      or body, is required for the execution, delivery and performance by the
      Special Servicer of or compliance by the Special Servicer with this
      Agreement, or if required, such approval has been obtained prior to the
      Cut-off Date; and

            (vii) The Special Servicer has errors and omissions insurance
      coverage which is in full force and effect and complies with the
      requirements of this Agreement.

            (c) It is understood and agreed that the representations and
warranties set forth in this Section shall survive delivery of the respective
Mortgage Files to the Trustee or the Custodian on behalf of the Trustee until
the termination of this Agreement, and shall inure to the benefit of the
Trustee, the Bond Administrator, the Depositor, the Serviced Companion Loan
Noteholders and the Servicer or Special Servicer, as the case may be. Upon
discovery by the Depositor, the Servicer, the Special Servicer or a Responsible
Officer of the Trustee (or upon written notice thereof from any
Certificateholder) of a breach of any of the representations and warranties set
forth in this Section which materially and adversely affects the interests of
the Certificateholders, the Servicer, Special Servicer or the Trustee in any
Mortgage Loan, the party discovering such breach shall give prompt written
notice to the other parties hereto and the Mortgage Loan Sellers.

            (d) The Trustee hereby represents and warrants to and covenants with
the Bond Administrator, the Depositor, the Servicer, the Special Servicer and
the Serviced Companion Loan Noteholders, as of the Closing Date, that:

            (i) The Trustee is a national banking association duly organized,
      validly existing, and in good standing under the laws of the United States
      and has full power, authority and legal right to own its properties and
      conduct its business as presently conducted and to execute, deliver and
      perform the terms of this Agreement.

            (ii) This Agreement has been duly authorized, executed and delivered
      by the Trustee and, assuming due authorization, execution and delivery by
      the other parties hereto, constitutes a legal, valid and binding
      instrument enforceable against the Trustee in accordance with its terms,
      except as such enforcement may be limited by bankruptcy, insolvency,
      reorganization or other similar laws affecting the enforcement of
      creditors' rights in general and by general equity principles (regardless
      of whether such enforcement is considered in a proceeding in equity or at
      law).

            (iii) Neither the execution and delivery of this Agreement by the
      Trustee nor the consummation by the Trustee of the transactions herein
      contemplated to be performed by the Trustee, nor compliance by the Trustee
      with the provisions hereof, will conflict with or result in a breach of,
      or constitute a default under, any of the provisions of any applicable law
      (subject to the appointment in accordance with such applicable law of any
      co-Trustee or separate Trustee required pursuant to this Agreement),
      governmental rule, regulation, judgment, decree or order binding on the
      Trustee or its properties or the organizational documents of the Trustee
      or the terms of any material agreement, instrument or indenture to which
      the Trustee is a party or by which it is bound.

            (iv) The Trustee is not in violation of, and the execution and
      delivery of this Agreement by the Trustee and its performance and
      compliance with the terms of this Agreement will not constitute a
      violation with respect to, any order or decree of any court binding on the
      Trustee or any law, order or regulation of any federal, state, municipal
      or governmental agency having jurisdiction, or result in the creation or
      imposition of any lien, charge or encumbrance which, in any such event,
      would have consequences that would materially and adversely affect the
      condition (financial or otherwise) or operation of the Trustee or its
      properties or impair the ability of the Trust Fund to realize on the
      Mortgage Loans;

            (v) No consent, approval, authorization or order of, or registration
      or filing with, or notice to any court or governmental agency or body, is
      required for the execution, delivery and performance by the Trustee of or
      compliance by the Trustee with this Agreement, or if required, such
      approval has been obtained prior to the Cut-off Date.

            (e) The Bond Administrator hereby represents and warrants to and
covenants with the Trustee, for its own benefit and the benefit of the
Certificateholders, and to the Depositor, the Servicer and the Serviced
Companion Loan Noteholders, as of the Closing Date, that:

            (i) The Bond Administrator is a national banking association duly
      organized, validly existing, and in good standing under the laws of the
      United States and has full power, authority and legal right to own its
      properties and conduct its business as presently conducted and to execute,
      deliver and perform the terms of this Agreement.

            (ii) This Agreement has been duly authorized, executed and delivered
      by the Bond Administrator and, assuming due authorization, execution and
      delivery by the other parties hereto, constitutes a legal, valid and
      binding instrument enforceable against the Bond Administrator in
      accordance with its terms, except as such enforcement may be limited by
      bankruptcy, insolvency, reorganization or other similar laws affecting the
      enforcement of creditors' rights in general and by general equity
      principles (regardless of whether such enforcement is considered in a
      proceeding in equity or at law).

            (iii) Neither the execution and delivery of this Agreement by the
      Bond Administrator nor the consummation by the Bond Administrator of the
      transactions herein contemplated to be performed by the Bond
      Administrator, nor compliance by the Bond Administrator with the
      provisions hereof, will conflict with or result in a breach of, or
      constitute a default under, any of the provisions of any applicable law,
      governmental rule, regulation, judgment, decree or order binding on the
      Bond Administrator or its properties or the organizational documents of
      the Bond Administrator or the terms of any material agreement, instrument
      or indenture to which the Bond Administrator is a party or by which it is
      bound.

            (iv) The Bond Administrator is not in violation of, and the
      execution and delivery of this Agreement by the Bond Administrator and its
      performance and compliance with the terms of this Agreement will not
      constitute a violation with respect to, any order or decree of any court
      binding on the Bond Administrator or any law, order or regulation of any
      federal, state, municipal or governmental agency having jurisdiction, or
      result in the creation or imposition of any lien, charge or encumbrance
      which, in any such event, would have consequences that would materially
      and adversely affect the condition (financial or otherwise) or operation
      of the Bond Administrator or its properties or impair the ability of the
      Trust Fund to realize on the Mortgage Loans;

            (v) No consent, approval, authorization or order of, or registration
      or filing with, or notice to any court or governmental agency or body, is
      required for the execution, delivery and performance by the Bond
      Administrator of or compliance by the Bond Administrator with this
      Agreement, or if required, such approval has been obtained prior to the
      Cut-off Date.

            Section 2.05 Execution and Delivery of Certificates; Issuance of
Lower-Tier Regular Interests. The Trustee acknowledges the assignment to it of
the Mortgage Loans, the Loan REMIC Regular Interest and the Loan REMIC Residual
Interest and the delivery of the Mortgage Files to the Custodian (to the extent
the documents constituting the Mortgage Files are actually delivered to the
Custodian), subject to the provisions of Section 2.01 and Section 2.02 and,
concurrently with such delivery, (i) acknowledges and hereby declares that it
holds the Loan REMIC Regular Interest on behalf of the Lower-Tier REMIC and the
Certificateholders and holds the Loan REMIC Residual Interest on behalf of the
Holders of the Class LR Certificates; (ii) acknowledges the issuance of the
Lower-Tier Regular Interests and the Class LR Certificates and hereby declares
that it holds the Lower-Tier Regular Interests on behalf of the Upper-Tier REMIC
and the Holders of the Certificates (other than the Class LR Certificates); and
(iii) has caused to be executed and caused to be authenticated and delivered to
or upon the order of the Depositor, or as directed by the terms of this
Agreement, Class A-1, Class A-2, Class A-3, Class A-4, Class X-1, Class X-2,
Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class J, Class K,
Class L, Class M, Class N, Class O, Class P, Class R and Class LR Certificates
in authorized denominations, in each case registered in the names set forth in
such order or so directed in this Agreement and duly authenticated by the
Authenticating Agent, which Certificates (described in the preceding clause
(iii)), Lower-Tier Regular Interests and Loan REMIC Interests evidence ownership
of the entire Trust Fund.

            Section 2.06 Miscellaneous REMIC and Grantor Trust Provisions. (a)
The Lower-Tier Regular Interests issued hereunder are hereby designated as the
"regular interests" in the Lower-Tier REMIC within the meaning of Section
860G(a)(1) of the Code, and the Class LR Certificates are hereby designated as
the sole class of "residual interests" in the Lower-Tier REMIC within the
meaning of Section 860G(a)(2) of the Code, and represent undivided beneficial
interests in the Loan REMIC Residual Interest held by the Grantor Trust. The
Class A-1, Class A-2, Class A-3, Class A-4, Class B, Class C, Class D, Class E,
Class F, Class G, Class H, Class J, Class K, Class L, Class M, Class N, Class O
and Class P Certificates are hereby designated as "regular interests" in the
Upper-Tier REMIC within the meaning of Section 860G(a)(1) of the Code and the
Class R Certificates are hereby designated as the sole Class of "residual
interests" in the Upper-Tier REMIC within the meaning of Section 860G(a)(2) of
the Code. The Closing Date is hereby designated as the "Startup Day" of the
Lower-Tier REMIC and the Upper-Tier REMIC within the meaning of Section
860G(a)(9) of the Code. The "latest possible maturity date" of the Lower-Tier
Regular Interests and the Regular Certificates (other than the Class X-2
Certificates) for purposes of Section 860G(a)(l) of the Code is the Rated
Final Distribution Date. The "latest possible maturity date" of the Class X-2
Certificates is the Distribution Date in March 2011.

            (b) None of the Depositor, the Trustee, the Bond Administrator, the
Servicer or the Special Servicer shall enter into any arrangement by which the
Trust Fund will receive a fee or other compensation for services other than as
specifically contemplated herein.

                                  ARTICLE III

                          ADMINISTRATION AND SERVICING
                                OF THE TRUST FUND

            Section 3.01 Servicer to Act as Servicer; Special Servicer to Act as
Special Servicer; Administration of the Mortgage Loans and the Serviced
Companion Loans. (a) The Servicer and the Special Servicer, each as an
independent contractor servicer, shall service and administer the Mortgage Loans
(other than the Non-Serviced Mortgage Loans) on behalf of the Trust Fund and the
Trustee (as Trustee for the Certificateholders), and, in the case of the
Serviced Companion Loans, on behalf of the Serviced Companion Loan Noteholders,
in each case, in accordance with the Servicing Standard.

            The Servicer's or Special Servicer's liability for actions and
omissions in its capacity as Servicer or Special Servicer, as the case may be,
hereunder is limited as provided herein (including, without limitation, pursuant
to Section 6.03 hereof). To the extent consistent with the foregoing and subject
to any express limitations set forth in this Agreement, the Servicer and Special
Servicer shall seek to maximize the timely and complete recovery of principal
and interest on the Notes; provided, however, that nothing herein contained
shall be construed as an express or implied guarantee by the Servicer or Special
Servicer of the collectability of the Mortgage Loans and the Serviced Companion
Loans. Subject only to the Servicing Standard, the Servicer and Special Servicer
shall have full power and authority, acting alone or through sub-servicers
(subject to paragraph (c) of this Section 3.01, to the related agreement with
each subservicer and to Section 3.02), to do or cause to be done any and all
things in connection with such servicing and administration that it may deem
consistent with the Servicing Standard and, in its reasonable judgment, in the
best interests of the Certificateholders, including, without limitation, with
respect to each Mortgage Loan (other than the Non-Serviced Mortgage Loans and,
in the case of the Serviced Companion Loans, in the best interests of the
Certificateholders and the Serviced Companion Loan Noteholders, as a collective
whole), to prepare, execute and deliver, on behalf of the Certificateholders and
Serviced Companion Loan Noteholders, the Trustee and the Bond Administrator or
any of them: (i) any and all financing statements, continuation statements and
other documents or instruments necessary to maintain the lien on each Mortgaged
Property and related collateral; (ii) any modifications, waivers, consents or
amendments to or with respect to any documents contained in the related Mortgage
File; and (iii) any and all instruments of satisfaction or cancellation, or of
partial or full release or discharge, and all other comparable instruments, with
respect to the Mortgage Loans (other than the Non-Serviced Mortgage Loans) and
the Mortgaged Properties. Notwithstanding the foregoing, neither the Servicer
nor the Special Servicer shall modify, amend, waive or otherwise consent to any
change of the terms of any Mortgage Loan except under the circumstances
described in Sections 3.09, 3.10, 3.28, 3.30 and 3.31 hereof. The Servicer and
Special Servicer shall provide to the Borrowers any reports required to be
provided to them thereby pursuant to the related Loan Documents. Subject to
Section 3.11, the Trustee shall, upon the receipt of a written request of a
Servicing Officer, execute and deliver to the Servicer and Special Servicer any
powers of attorney and other documents prepared by the Servicer and Special
Servicer and necessary or appropriate (as certified in such written request) to
enable the Servicer and Special Servicer to carry out their servicing and
administrative duties hereunder.

            (b) Unless otherwise provided in the related Note, the Servicer
shall apply any partial Principal Prepayment received on a Mortgage Loan (other
than the Non-Serviced Mortgage Loans) or Serviced Companion Loan, as applicable,
on a date other than a Due Date to the Stated Principal Balance of such Mortgage
Loan or Serviced Companion Loan, as applicable, as of the Due Date immediately
following the date of receipt of such partial Principal Prepayment. Unless
otherwise provided in the related Note, the Servicer shall apply any amounts
received on U.S. Treasury obligations (which shall not be redeemed by the
Servicer prior to the maturity thereof) in respect of a Mortgage Loan (other
than a Non-Serviced Mortgage Loan) or Serviced Companion Loan, as applicable,
being defeased pursuant to its terms to the Stated Principal Balance of and
interest on such Mortgage Loan or Serviced Companion Loan, as applicable, as of
the Due Date immediately following the receipt of such amounts.

            (c) Each of the Servicer and the Special Servicer may enter into
sub-servicing agreements with third parties with respect to any of its
respective obligations hereunder, provided, that (i) any such agreement requires
the sub-servicer to comply with all of the applicable terms and conditions of
this Agreement and shall be consistent with the provisions of this Agreement,
the terms of the respective Mortgage Loans and Serviced Companion Loans and, in
the case of a Serviced Companion Loan, the related Co-Lender Agreement, (ii) no
sub-servicer retained by the Servicer or the Special Servicer, as applicable,
shall grant any modification, waiver or amendment to any Mortgage Loan or
Serviced Companion Loan, as applicable, or foreclose any Mortgage without the
approval of the Servicer or the Special Servicer, as applicable, which approval
shall be given or withheld in accordance with the procedures set forth in
Sections 3.09, 3.10, 3.28, 3.30 or 3.31 (as applicable) and (iii) such agreement
shall be consistent with the Servicing Standard. Any such sub-servicing
agreement may permit the sub-servicer to delegate its duties to agents or
subcontractors so long as the related agreements or arrangements with such
agents or subcontractors are consistent with the provisions of this Section
3.01(c). Any monies received by a sub-servicer pursuant to a sub-servicing
agreement (other than sub-servicing fees) shall be deemed to be received by the
Servicer on the date received by such sub-servicer.

            Any sub-servicing agreement entered into by the Servicer or the
Special Servicer, as applicable, shall provide that it may be assumed by the
Trustee or the Servicer, respectively, if the Trustee or the Servicer,
respectively, has assumed the duties of the Servicer or the Special Servicer,
respectively, or any successor Servicer or Special Servicer, as applicable,
without cost or obligation to the assuming party, the Trust Fund, upon the
assumption by such party of the obligations, except to the extent they arose
prior to the date of assumption, of the Servicer or the Special Servicer, as
applicable, pursuant to Section 7.02.

            Any sub-servicing agreement, and any other transactions or services
relating to the Mortgage Loans or the Serviced Companion Loans involving a
sub-servicer, shall be deemed to be between the Servicer or the Special
Servicer, as applicable, and such sub-servicer alone, and the Trustee, the Trust
Fund and Certificateholders and, if applicable, Serviced Companion Loan
Noteholders, shall not be deemed parties thereto and shall have no claims,
rights, obligations, duties or liabilities with respect to the sub-servicer,
except as set forth in Section 3.01(d).

            Notwithstanding the provisions of any sub-servicing agreement and
this Section 3.01, in no event shall the Trust Fund bear any termination fee
required to be paid to any sub-servicer as a result of the termination of any
sub-servicing agreement.

            (d) If the Trustee or any successor Servicer assumes the obligations
of the Servicer, or if the Servicer or any successor Special Servicer assumes
the obligations of the Special Servicer, in each case in accordance with Section
7.02, the Trustee, the Servicer or such successor, as applicable, to the extent
necessary to permit the Trustee, the Servicer or such successor, as applicable,
to carry out the provisions of Section 7.02, shall, without act or deed on the
part of the Trustee, the Servicer or such successor, as applicable, succeed to
all of the rights and obligations of the Servicer or the Special Servicer, as
applicable, under any sub-servicing agreement entered into by the Servicer or
the Special Servicer, as applicable, pursuant to Section 3.01(c). In such event,
such successor shall be deemed to have assumed all of the Servicer's or the
Special Servicer's interest, as applicable, therein (but not any liabilities or
obligations in respect of acts or omissions of the Servicer or the Special
Servicer, as applicable, prior to such deemed assumption) and to have replaced
the Servicer or the Special Servicer, as applicable, as a party to such
sub-servicing agreement to the same extent as if such sub-servicing agreement
had been assigned to such successor, except that the Servicer or the Special
Servicer, as applicable, shall not thereby be relieved of any liability or
obligations under such sub-servicing agreement that accrued prior to the
succession of such successor.

            If the Trustee, the Servicer or any successor Servicer or Special
Servicer, as applicable, assumes the servicing obligations of the Servicer or
the Special Servicer, as applicable, then upon request of such successor, the
Servicer or Special Servicer, as applicable, shall at its own expense (except
(i) in the event that the Special Servicer is terminated pursuant to Section
3.25(b), at the expense of the Certificateholders effecting such termination, as
applicable; or (ii) in the event that the Servicer or the Special Servicer is
terminated pursuant to Section 6.04(c), at the expense of the
Certificateholders, pro rata) deliver to such successor all documents and
records relating to any sub-servicing agreement and the Mortgage Loans (other
than the Non-Serviced Mortgage Loans) and/or, if applicable, the Serviced
Companion Loans then being serviced thereunder and an accounting of amounts
collected and held by it, if any, and shall otherwise use its best efforts to
effect the orderly and efficient transfer of any sub-servicing agreement to such
successor.

            (e) The parties hereto acknowledge that each Whole Loan is subject
to the terms and conditions of the related Co-Lender Agreement and, with respect
to each Non-Serviced Mortgage Loan, further subject to the servicing under and
all other terms and conditions of the related Other Pooling and Servicing
Agreement. The parties hereto further recognize the respective rights and
obligations of (i) the Tysons Corner Center Pari Passu Loan Noteholders under
the Tysons Corner Center Intercreditor Agreement, (ii) the AFR/Bank of America
Portfolio Companion Loan Noteholders under the AFR/Bank of America Portfolio A
Notes Intercreditor Agreement and the AFR/Bank of America Portfolio Agreement
Among Noteholders and (iii) the Meadows Mall Pari Passu Loan Noteholder under
the Meadows Mall Intercreditor Agreement, including with respect to (A) the
allocation of collections on or in respect of (x) the Tysons Corner Center Whole
Loan in accordance with Section 3.2 of the Tysons Corner Center Intercreditor
Agreement, (y) the AFR/Bank of America Portfolio Mortgage Loan in accordance
with Sections 3 and 4 of the AFR/Bank of America Portfolio Agreement Among
Noteholders and Section 3.2 of the AFR/Bank of America Portfolio A Notes
Intercreditor Agreement and (z) the Meadows Mall Mortgage Loan in accordance
with Section 2.2 of the Meadows Mall Intercreditor Agreement, (B) the allocation
of Penalty Charges on or in respect of (x) the Tysons Corner Center Whole Loan
in accordance with Section 3.2 and of the Tysons Corner Center Intercreditor
Agreement, (y) the AFR/Bank of America Portfolio Mortgage Loan in accordance
with Sections 3 and 4 of the AFR/Bank of America Portfolio Agreement Among
Noteholders and Section 3.2 of the AFR/Bank of America Portfolio A Notes
Intercreditor Agreement and (z) the Meadows Mall Mortgage Loan in accordance
with Section 2.2 of the Meadows Mall Intercreditor Agreement, and (C) the
purchase of (y) the AFR/Bank of America Portfolio Mortgage Loan by the AFR/Bank
of America Portfolio B Loan Noteholder or its designee in accordance with
Section 11 of the AFR/Bank of America Portfolio Agreement Among Noteholders,
Section 3.18 of the GMACCM 2003-C3 Pooling and Servicing Agreement and the
AFR/Bank of America Portfolio Waiver Letter and (z) the Meadows Mall Mortgage
Loan by the Wachovia 2003-C9 Majority Subordinate Certificateholder or its
designee in accordance with Section 2.3 of the Meadows Mall Intercreditor
Agreement and Section 3.18 of the Wachovia 2003-C9 Pooling and Servicing
Agreement. The terms "majority of holders of the Controlling Class" and
"Controlling Class Representative" as used in the Meadows Mall Intercreditor
Agreement and the term "Majority Subordinate Certificateholder" as set forth in
the Wachovia 2003-C9 Pooling and Servicing Agreement shall be deemed to mean,
for purposes of this Agreement, the Directing Certificateholder. The Directing
Certificateholder shall have such rights, privileges and obligations as are
assigned to the aforementioned terms in the Meadows Mall Intercreditor Agreement
or the Wachovia 2003-C9 Pooling and Servicing Agreement, as applicable.

            The Servicer or Special Servicer, as applicable, is authorized to
exercise the rights and powers of the Trustee, as holder of the Note for each of
the Non-Serviced Mortgage Loans, under each of the related Co-Lender Agreements
and Other Pooling and Servicing Agreements to the extent set forth in this
Agreement. The Servicer or Special Servicer, as applicable, shall be subject to
the same limitations, constraints and restrictions in exercising such rights and
powers as would be applicable to the Trustee, in its capacity as holder of the
Note for the applicable Non-Serviced Mortgage Loan. Subject to any section of
the applicable Co-Lender Agreement that specifically addresses a particular
matter with respect to a Non-Serviced Mortgage Loan, if the Trustee is requested
to take any action in its capacity as holder of the Note for such Non-Serviced
Mortgage Loan, the Trustee will notify in writing the Servicer or Special
Servicer, as applicable, and, subject to Section 8.01, act in accordance with
the instructions of such party to the extent set forth in this Agreement;
provided, that the Trustee shall not be required to take any action at the
direction of the Servicer or the Special Servicer, as applicable, that is not
permitted under applicable law or the terms of the related Other Pooling and
Servicing Agreement or Co-Lender Agreement. Notwithstanding the foregoing, any
such party may only exercise any purchase option or cure rights with respect to
a Non-Serviced Companion Mortgage Loan in its individual capacity and not on
behalf of the Trust.

            Notwithstanding anything herein to the contrary, the parties hereto
acknowledge and agree that the Servicer's obligations and responsibilities
hereunder and the Servicer's authority with respect to the Serviced Whole Loan
are limited by and subject to the terms of the related Co-Lender Agreement and,
with respect to each Non-Serviced Mortgage Loan, the rights of the related Other
Servicer and the Other Special Servicer under the related Other Pooling and
Servicing Agreement. The Servicer shall, consistent with the Servicing Standard,
monitor the servicing of each Non-Serviced Mortgage Loan by the related Other
Servicer and Other Special Servicer pursuant to the related Other Pooling and
Servicing Agreement and shall enforce the rights of the Trustee (as holder of
the AFR/Bank of America Portfolio Mortgage Loan or the Meadows Mall Mortgage
Loan, as applicable) under the related Co-Lender Agreement and the related Other
Pooling and Servicing Agreement. The Servicer shall take such actions as it
shall deem reasonably necessary to facilitate the servicing of each Non-Serviced
Mortgage Loan by the related Other Servicer and the related Other Special
Servicer including, but not limited to, delivering appropriate Requests for
Release to the Trustee and Custodian (if any) in order to deliver any portion of
the related Mortgage File to the related Other Servicer or related Other Special
Servicer under the related Other Pooling and Servicing Agreement. The Trustee,
on behalf of the Certificateholders, hereby assumes the obligations of the
holder of each Non-Serviced Mortgage Loan under the related Co-Lender Agreement;
provided that the Servicer or the Special Servicer, as applicable, on behalf of
the Trustee, will perform any applicable servicing-related obligations set forth
therein, and any other obligations will be performed by either the Trustee, the
Servicer or the Special Servicer, as applicable, as such parties may mutually
agree.

            The parties hereto acknowledge that pursuant to the applicable
Co-Lender Agreement or applicable Other Pooling and Servicing Agreement in the
event that (A) the AFR/Bank of America Portfolio Pari Passu Loan that was
deposited into the trust formed by the GMACCM 2003-C3 Pooling and Servicing
Agreement or the Meadows Mall Pari Passu Loan that was deposited into the
Wachovia 2003-C9 Trust, as applicable, is no longer part of the trust fund for
the related securitization and (B) the related Non-Serviced Mortgage Loan is
included in the Trust Fund, then such Non-Serviced Mortgage Loan shall continue
to be serviced in accordance with the applicable provisions of the applicable
Other Pooling and Servicing Agreement, with, unless otherwise provided in the
applicable Co-Lender Agreement, each of the related Other Servicer and the
related Other Special Servicer continuing to act in their respective capacities
thereunder (or by such successor master servicer or special servicer as meets
the requirements of the related Other Pooling and Servicing Agreement) until
such time as a new servicing agreement has been agreed to by the parties to the
applicable Co-Lender Agreement in accordance with the provisions of such
agreement and confirmation has been obtained from the Rating Agencies that such
new servicing agreement would not result in a downgrade, qualification or
withdrawal of the then current ratings of any Class of Certificates then
outstanding.

            In the event that the Mortgage Loan included in the Tysons Corner
Center Whole Loan is no longer part of the Trust Fund and the servicing and
administration of such Whole Loan is to be governed by a separate servicing
agreement and not by this Agreement, the Servicer and, if such Serviced Whole
Loan is then being specially serviced hereunder, the Special Servicer, shall
continue to act in such capacities under such separate servicing agreement,
which agreement shall be reasonably acceptable to the Servicer and/or the
Special Servicer, as the case may be, and shall contain servicing and
administration, limitation of liability, indemnification and servicing
compensation provisions substantially similar to the corresponding provisions of
this Agreement, except that such Serviced Whole Loan and the related Mortgaged
Property shall be serviced as if they were the sole assets serviced and
administered thereunder and the sole source of funds thereunder and except that
there shall be no further obligation of any Person to make P&I Advances;
provided, however, that the Servicer or the Special Servicer, as applicable,
shall not continue to service the Tysons Corner Center Whole Loan if (i) the
noteholders holding a majority of the aggregate Stated Principal Balance of the
Tysons Corner Center Whole Loan terminate the Servicer and appoint a successor
servicer or (ii) a successor special servicer is appointed by the Directing
Certificateholder, subject in each case to receipt of confirmation from each
Rating Agency then rating any class of Serviced Companion Loan Securities that
such appointment shall not cause the ratings on any such class to be downgraded,
qualified or withdrawn. In addition, until such time as a separate servicing
agreement with respect to the Tysons Corner Center Whole Loan and any related
REO Property has been entered into then, notwithstanding that neither such
Mortgage Loan nor any related REO Property is part of the Trust Fund, the
Trustee shall continue to hold the Mortgage File and the Servicer and, if
applicable, the Special Servicer shall (subject to the preceding sentence)
continue to service the Tysons Corner Center Whole Loan or any related REO
Property, as the case may be, under this Agreement as if it were a separate
servicing agreement. Nothing herein shall be deemed to override the provisions
of the Tysons Corner Center Intercreditor Agreement with respect to the rights
of the related noteholders thereunder and with respect to the servicing and
administrative duties and obligations with respect to the Tysons Corner Center
Whole Loan. In the event of any inconsistency between the provisions of such
Co-Lender Agreement and the provisions of this Agreement or as to any matter on
which such Co-Lender Agreement is silent or makes reference to this Agreement,
this Agreement shall govern.

            Section 3.02 Liability of the Servicer. Notwithstanding any
sub-servicing agreement, any of the provisions of this Agreement relating to
agreements or arrangements between the Servicer or Special Servicer and any
Person acting as sub-servicer (or its agents or subcontractors) or any reference
to actions taken through any Person acting as sub-servicer or otherwise, the
Servicer or Special Servicer, as applicable, shall remain obligated and
primarily liable to the Trustee (on behalf of the Certificateholders), the Bond
Administrator, the Certificateholders and, with respect to the Serviced Whole
Loan, the Serviced Companion Loan Noteholders, for the servicing and
administering of the Mortgage Loans and Serviced Companion Loans in accordance
with the provisions of this Agreement without diminution of such obligation or
liability by virtue of such sub-servicing agreements or arrangements or by
virtue of indemnification from the Depositor or any other Person acting as
sub-servicer (or its agents or subcontractors) to the same extent and under the
same terms and conditions as if the Servicer or Special Servicer, as applicable,
alone were servicing and administering the Mortgage Loans and the Serviced
Companion Loans. Each of the Servicer and the Special Servicer shall be entitled
to enter into an agreement with any sub-servicer providing for indemnification
of the Servicer or Special Servicer, as applicable, by such sub-servicer, and
nothing contained in this Agreement shall be deemed to limit or modify such
indemnification, but no such agreement for indemnification shall be deemed to
limit or modify this Agreement.

            Section 3.03 Collection of Mortgage Loan and Serviced Companion Loan
Payments. (a) The Servicer (with respect to the Mortgage Loans and the Serviced
Companion Loans other than Specially Serviced Loans) and the Special Servicer
(with respect to Specially Serviced Loans) shall use reasonable efforts to
collect all payments called for under the terms and provisions of the Mortgage
Loans (other than the Non-Serviced Mortgage Loans) and the Serviced Companion
Loans each is obligated to service hereunder, and shall follow the Servicing
Standard with respect to such collection procedures; provided, however, that
nothing herein contained shall be construed as an express or implied guarantee
by the Servicer or the Special Servicer of the collectability of the Mortgage
Loans and the Serviced Companion Loans. With respect to each Performing Loan
(other than the Non-Serviced Mortgage Loans) that is not in special servicing or
that is not a Specially Serviced Loan, the Servicer or the Special Servicer, as
applicable, shall use its reasonable efforts to collect income statements and
rent rolls from Borrowers (other than a Borrower on any Credit Lease Loan) as
required by the Loan Documents and the terms hereof and, with respect to the
Special Servicer, shall provide copies thereof to the Servicer as provided
herein. The Servicer shall provide at least 90 days' notice (with a copy to the
Special Servicer) to the Borrowers of Balloon Payments coming due. Consistent
with the foregoing, the Servicer (with respect to each Performing Loan that is
not in special servicing or that is not a Specially Serviced Loan) or the
Special Servicer (with respect to Specially Serviced Loans) may in its
discretion waive any late payment charge in connection with any delinquent
Monthly Payment or Balloon Payment with respect to any Mortgage Loan or Serviced
Companion Loan. In addition, the Special Servicer shall be entitled to take such
actions with respect to the collection of payments on the Mortgage Loans and the
Serviced Companion Loans as are permitted or required under Section 3.28 hereof.

            (b) The Servicer shall, within one Business Day following receipt
thereof, deposit into the Serviced Whole Loan Collection Account all amounts
received with respect to the Tysons Corner Center Mortgage Whole Loan, the
Tysons Corner Center Mortgaged Property or any related REO Property.

            Section 3.04 Collection of Taxes, Assessments and Similar Items;
Escrow Accounts. (a) The Special Servicer, in the case of Specially Serviced
Loans and REO Loans and, if applicable, the related Serviced Companion Loans,
and the Servicer, in the case of all Performing Loans (other than the
Non-Serviced Mortgage Loans), shall maintain accurate records with respect to
each related Mortgaged Property reflecting the status of taxes, assessments and
other similar items that are or may become a lien thereon and the status of
insurance premiums payable with respect thereto. The Special Servicer, in the
case of Specially Serviced Loans and REO Loans, and the Servicer, in the case of
all Performing Loans (other than the Non-Serviced Mortgage Loans) that are not
being specially serviced, shall use reasonable efforts consistent with the
Servicing Standard to, from time to time, (i) obtain all bills for the payment
of such items (including renewal premiums), and (ii) effect payment of all such
bills with respect to such Mortgaged Properties prior to the applicable penalty
or termination date, in each case employing for such purpose Escrow Payments as
allowed under the terms of the related Mortgage Loan or Serviced Companion Loan.
If a Borrower fails to make any such payment on a timely basis or collections
from the Borrower are insufficient to pay any such item before the applicable
penalty or termination date, the Servicer shall advance the amount of any
shortfall as a Property Advance unless the Servicer determines in its good faith
business judgment that such Advance would be a Nonrecoverable Advance. The
Servicer shall be entitled to reimbursement of Property Advances, with interest
thereon at the Advance Rate, that it makes pursuant to this Section 3.04 from
amounts received on or in respect of the related Mortgage Loan or Serviced Whole
Loan respecting which such Advance was made or if such Advance has become a
Nonrecoverable Advance, to the extent permitted by Section 3.06 of this
Agreement. No costs incurred by the Servicer in effecting the payment of taxes
and assessments on the Mortgaged Properties shall, for the purpose of
calculating distributions to Certificateholders or Serviced Companion Loan
Noteholders, be added to the amount owing under the related Mortgage Loans or
Serviced Companion Loans, notwithstanding that the terms of such Mortgage Loans
or Serviced Companion Loans so permit.

            The parties acknowledge that with respect to each Non-Serviced
Mortgage Loan, the related Other Servicer is obligated to make property advances
with respect to such Non-Serviced Mortgage Loan, pursuant to the applicable
Other Pooling and Servicing Agreement. The related Other Servicer shall be
entitled to reimbursement for nonrecoverable property advances (as such term or
similar term may be defined in the related Other Pooling and Servicing
Agreement) with, in each case, any accrued and unpaid interest thereon provided
for under such Other Pooling and Servicing Agreement in the manner set forth in
such Other Pooling and Servicing Agreement, the related Co-Lender Agreement and
Section 3.06(b)(v).

            (b) The Servicer shall segregate and hold all funds collected and
received pursuant to any Mortgage Loan (other than a Non-Serviced Mortgage Loan)
or any Serviced Companion Loan constituting Escrow Payments separate and apart
from any of its own funds and general assets and shall establish and maintain
one or more segregated custodial accounts (each, an "Escrow Account") into which
all Escrow Payments shall be deposited within two (2) Business Days after
receipt and maintained in accordance with the requirements of the related
Mortgage Loan or Serviced Whole Loan, as applicable, and in accordance with the
Servicing Standard. The Servicer shall also deposit into each Escrow Account any
amounts representing losses on Permitted Investments pursuant to Section 3.07(b)
and any Insurance Proceeds or Liquidation Proceeds which are required to be
applied to the restoration or repair of any Mortgaged Property pursuant to the
related Mortgage Loan or Serviced Whole Loan. Escrow Accounts shall be Eligible
Accounts (except to the extent the related Mortgage Loan requires it to be held
in an account that is not an Eligible Account); provided, however, in the event
that the ratings of the financial institution holding such account are
downgraded to a ratings level below that of an Eligible Account, the Servicer
shall have 30 Business Days (or such longer time as confirmed by a written
confirmation from the Rating Agencies, obtained at the expense of the Servicer,
that such longer time shall not result in a downgrade, qualification or
withdrawal of the then-current ratings assigned to any of the Certificates or
the Serviced Companion Loan Securities) to transfer such account to an Eligible
Account; provided further, however, except to the extent that the Loan Documents
relating to the Tysons Corner Center Mortgage Loan permit compliance with the
foregoing, all funds collected and received with respect to the Tysons Corner
Center Whole Loan constituting Escrow Payments shall be held in an account or
accounts maintained with a depository institution or trust company the long-term
unsecured debt rating of which is at least "A-" by S&P and "A3" by Moody's.
Escrow Accounts shall be entitled "GMAC Commercial Mortgage Corporation, as
Servicer, in trust for Wells Fargo Bank, N.A., as Trustee in trust for Holders
of Deutsche Mortgage & Asset Receiving Corporation, COMM 2004-LNB2 Commercial
Mortgage Pass-Through Certificates and Various Borrowers [and, if applicable,
Serviced Companion Loan Noteholders]." Withdrawals from an Escrow Account may be
made by the Servicer only:

            (i) to effect timely payments of items constituting Escrow Payments
      for the related Mortgage;

            (ii) to transfer funds to the Collection Account and/or the Serviced
      Whole Loan Collection Account (or any sub-account thereof) to reimburse
      the Servicer, the Special Servicer or the Trustee for any Property Advance
      (with interest thereon at the Advance Rate) relating to Escrow Payments,
      but only from amounts received with respect to the related Mortgage Loan
      and/or the Serviced Whole Loan, as applicable, which represent late
      collections of Escrow Payments thereunder;

            (iii) for application to the restoration or repair of the related
      Mortgaged Property in accordance with the related Mortgage Loan and/or the
      Serviced Whole Loan, as applicable, and the Servicing Standard;

            (iv) to clear and terminate such Escrow Account upon the termination
      of this Agreement or pay-off of the related Mortgage Loan or Serviced
      Whole Loan, as applicable;

            (v) to pay from time to time to the related Borrower any interest or
      investment income earned on funds deposited in the Escrow Account if such
      income is required to be paid to the related Borrower under law or by the
      terms of the Mortgage Loan or the Serviced Whole Loan, or otherwise to the
      Servicer; or

            (vi) to remove any funds deposited in an Escrow Account that were
      not required to be deposited therein or to refund amounts to Borrowers
      determined to be overages.

            (c) The Servicer shall, as to each Mortgage Loan (other than the
Non-Serviced Mortgage Loans) and each Serviced Companion Loan, (i) maintain
accurate records with respect to the related Mortgaged Property reflecting the
status of real estate taxes, assessments and other similar items that are or may
become a lien thereon and the status of insurance premiums and any ground rents
payable in respect thereof and (ii) use reasonable efforts to obtain, from time
to time, all bills for (or otherwise confirm) the payment of such items
(including renewal premiums) and, for such Mortgage Loans and Serviced Companion
Loans that require the related Borrower to escrow for such items, shall effect
payment thereof prior to the applicable penalty or termination date. For
purposes of effecting any such payment for which it is responsible, the Servicer
shall apply Escrow Payments as allowed under the terms of the related Mortgage
Loan and Serviced Companion Loan (or, if such Mortgage Loan or Serviced
Companion Loan does not require the related Borrower to escrow for the payment
of real estate taxes, assessments, insurance premiums, ground rents (if
applicable) and similar items, the Servicer shall use reasonable efforts
consistent with the Servicing Standard to cause the related Borrower to comply
with the requirement of the related Mortgage that the Borrower make payments in
respect of such items at the time they first become due and, in any event, prior
to the institution of foreclosure or similar proceedings with respect to the
related Mortgaged Property for nonpayment of such items). Subject to Section
3.24, the Servicer shall timely make a Property Advance to cover any such item
which is not so paid, including any penalties or other charges arising from the
Borrower's failure to timely pay such items.

            Section 3.05 Collection Account; Excess Liquidation Proceeds
Account; the Distribution Accounts; Interest Reserve Account and the Serviced
Whole Loan Collection Account. (a) The Servicer shall establish and maintain the
Collection Account in the Trustee's name, for the benefit of the
Certificateholders and the Trustee as the Holder of the Lower-Tier Regular
Interests and the Loan REMIC Interests. The Collection Account shall be
established and maintained as an Eligible Account. Amounts attributable to the
Mortgage Loans (other than the Loan REMIC Loan) and the Loan REMIC Regular
Interest will be assets of the Lower-Tier REMIC. Amounts attributable to the
Loan REMIC Loan will be assets of the Loan REMIC. Amounts attributable to the
Loan REMIC Residual Interest will be assets of the Grantor Trust. Amounts
attributable to the Serviced Companion Loans will not be assets of the Trust
Fund.

            The Servicer shall maintain adequate books and records to account
for the separate entitlements of the Loan REMIC, the Lower-Tier REMIC (including
without limitation on a Mortgage Loan-by-Mortgage Loan basis), the Grantor Trust
and each Serviced Companion Loan. The Servicer shall deposit or cause to be
deposited in the Collection Account within one Business Day following receipt
the following payments and collections received or made by or on behalf of it on
or with respect to the Mortgage Loans subsequent to the Cut-off Date:

            (i) all payments on account of principal on the Mortgage Loans
      (other than the Mortgage Loan related to the Serviced Whole Loan),
      including the principal component of all Unscheduled Payments;

            (ii) all payments on account of interest on the Mortgage Loans
      (other than the Mortgage Loan related to the Serviced Whole Loan) (net of
      the related Servicing Fees), including Prepayment Premiums, Default
      Interest, Yield Maintenance Charges and the interest component of all
      Unscheduled Payments;

            (iii) any amounts required to be deposited pursuant to Section
      3.07(b), in connection with net losses realized on Permitted Investments
      with respect to funds held in the Collection Account;

            (iv) all Net REO Proceeds withdrawn from the related REO Account
      (other than the Serviced Whole Loan REO Account) pursuant to Section
      3.17(b);

            (v) any amounts received from Borrowers which represent recoveries
      of Property Protection Expenses and are allocable to the Mortgage Loans
      (other than the Mortgage Loan related to the Serviced Whole Loan), to the
      extent not permitted to be retained by the Servicer as provided herein;

            (vi) all Insurance Proceeds and Liquidation Proceeds received in
      respect of any Mortgage Loan (other than the Mortgage Loan related to the
      Serviced Whole Loan) or any REO Property (other than REO Property related
      to the Serviced Whole Loan), other than Excess Liquidation Proceeds and
      Liquidation Proceeds that are received in connection with a purchase of
      all the Mortgage Loans and any REO Properties in the Trust Fund and that
      are to be deposited in the Lower-Tier Distribution Account pursuant to
      Section 9.01, together with any amounts representing recoveries of
      Nonrecoverable Advances, including any recovery of Unliquidated Advances,
      in respect of the related Mortgage Loans (other than the Mortgage Loan
      related to the Serviced Whole Loan);

            (vii) Penalty Charges on the Mortgage Loans (other than the Mortgage
      Loan related to the Serviced Whole Loan) to the extent required to offset
      interest on Advances and Additional Trust Fund Expenses pursuant to
      Section 3.12(d);

            (viii)any amounts required to be deposited by the Servicer or the
      Special Servicer pursuant to Section 3.08(b) in connection with losses
      resulting from a deductible clause in a blanket or master force-placed
      policy in respect of the Mortgage Loans (other than the Mortgage Loan
      related to the Serviced Whole Loan);

            (ix) any other amounts required by the provisions of this Agreement
      (including without limitation any amounts to be transferred from the
      Serviced Whole Loan Collection Account pursuant to Section 3.06(c)(i)(B)
      and, with respect to the B Loan or any mezzanine indebtedness that may
      exist on a future date, all amounts received pursuant to the cure and
      purchase rights or reimbursement obligations set forth in the related
      Co-Lender Agreement or mezzanine intercreditor agreement, as applicable)
      to be deposited into the Collection Account by the Servicer or Special
      Servicer; and

            (x) any Servicer Prepayment Interest Shortfalls in respect of the
      Mortgage Loans (other than the Mortgage Loan related to the Serviced Whole
      Loan) pursuant to Section 4.01(i).

            In the case of Excess Liquidation Proceeds, the Servicer shall make
appropriate ledger entries received with respect thereto, which the Servicer
shall hold for (i) the Trustee for the benefit of the Class or Classes of
Certificateholders and (ii) for the benefit of any Serviced Companion Loan
Noteholder entitled thereto. Any Excess Liquidation Proceeds shall be identified
separately from any other amounts held in the Collection Account (with amounts
attributable to each Class or Classes and any Serviced Companion Loan also
identified separately).

            The foregoing requirements for deposits in the Collection Account
shall be exclusive, it being understood and agreed that, without limiting the
generality of the foregoing, payments in the nature of late payment charges
(subject to Section 3.12 hereof), Assumption Fees, loan modification fees, loan
service transaction fees, extension fees, demand fees, beneficiary statement
charges and similar fees need not be deposited in the Collection Account by the
Servicer and, to the extent permitted by applicable law, the Servicer or the
Special Servicer, as applicable in accordance with Section 3.12 hereof, shall be
entitled to retain any such charges and fees received with respect to the
Mortgage Loans as additional compensation. In the event that the Servicer
deposits in the Collection Account any amount not required to be deposited
therein, it may at any time withdraw such amount from the Collection Account,
any provision herein to the contrary notwithstanding.

            Upon receipt of any of the amounts described in clauses (i), (ii),
(iv), (v), (vi) and (vii) above with respect to any Specially Serviced Loan
which is not an REO Loan, the Special Servicer shall remit within one Business
Day after receipt such amounts to the Servicer for deposit into the Collection
Account in accordance with the second paragraph of this Section 3.05, unless the
Special Servicer determines, consistent with the Servicing Standard, that a
particular item should not be deposited because of a restrictive endorsement or
other appropriate reason. Any such amounts received by the Special Servicer with
respect to an REO Property (other than any REO Property related to the Serviced
Whole Loan) shall be deposited by the Special Servicer into the REO Account and
remitted to the Servicer for deposit into the Collection Account pursuant to
Section 3.17(b). With respect to any such amounts paid by check to the order of
the Special Servicer, the Special Servicer shall endorse without recourse or
warranty such check to the order of the Servicer and shall promptly deliver any
such check to the Servicer by overnight courier.

            (b) The Bond Administrator shall establish and maintain the
Lower-Tier Distribution Account in the name of the Trustee, in trust for the
benefit of the Certificateholders and the Trustee as the Holder of the
Lower-Tier Regular Interests and the Loan REMIC Interests. A separate subaccount
of the Lower-Tier Distribution Account shall be maintained with respect to the
Loan REMIC Residual Interest, which shall be an asset of the Grantor Trust and
beneficially owned by the Holders of the Class LR Certificates and shall not be
an asset of the Lower-Tier REMIC. The Lower-Tier Distribution Account shall be
established and maintained as an Eligible Account or as a subaccount of an
Eligible Account. With respect to each Distribution Date, the Servicer shall
deliver to the Bond Administrator on or before the Servicer Remittance Date the
funds then on deposit in the Collection Account after giving effect to
withdrawals of funds pursuant to Section 3.06(a) and deposits from the Serviced
Whole Loan Collection Account pursuant to Section 3.06(c)(i)(B). Upon receipt
from the Servicer of such amounts held in the Collection Account, the Bond
Administrator shall deposit in the Lower-Tier Distribution Account an amount
equal to the sum of (i) the amount of Available Funds, to be distributed
pursuant to Section 4.01 hereof on such Distribution Date, (ii) any amount
distributable with respect to the Loan REMIC Residual Interest pursuant to the
Loan REMIC Declaration, (iii) the Withheld Amounts to be deposited into the
Interest Reserve Account pursuant to Section 3.05(d), (iv) the amount of Excess
Liquidation Proceeds allocable to any Mortgage Loan to be deposited into the
Lower-Tier Distribution Account (which the Bond Administrator shall then deposit
in the Excess Liquidation Proceeds Account) pursuant to Section 3.06(a)(v) and
(v) the Trustee Fee (inclusive of the Bond Administrator Fee which shall be
retained by the Bond Administrator). All such amounts deposited in respect of
the AFR/Bank of America Portfolio Loan shall be deemed to be distributed in
respect of the Loan REMIC Regular Interest and the Loan REMIC Residual Interest
as set forth in the Loan REMIC Declaration.

            (c) [Reserved.]

            (d) The Bond Administrator shall establish and maintain the Interest
Reserve Account in the name of the Trustee, in trust for the benefit of the
Certificateholders and the Trustee as the Holder of the Loan REMIC Regular
Interest and Lower-Tier Regular Interests. The Interest Reserve Account shall be
established and maintained as an Eligible Account or as a subaccount of an
Eligible Account.

            On each Servicer Remittance Date occurring in (i) January of each
calendar year that is not a leap year and (ii) February of each calendar year,
unless such Servicer Remittance Date is the final Servicer Remittance Date, the
Bond Administrator shall calculate the Withheld Amount. On each such Servicer
Remittance Date, the Bond Administrator shall, with respect to each Mortgage
Loan that does not accrue interest on the basis of a 360-day year of twelve
30-day months, withdraw from the Lower-Tier Distribution Account and deposit in
the Interest Reserve Account an amount equal to the aggregate of the Withheld
Amounts calculated in accordance with the previous sentence. If the Bond
Administrator shall deposit in the Interest Reserve Account any amount not
required to be deposited therein, it may at any time withdraw such amount from
the Interest Reserve Account, any provision herein to the contrary
notwithstanding. On or prior to the Servicer Remittance Date in March of each
calendar year, the Bond Administrator shall transfer to the Lower-Tier
Distribution Account the aggregate of all Withheld Amounts on deposit in the
Interest Reserve Account.

            (e) The Bond Administrator shall establish and maintain the
Upper-Tier Distribution Account in the name of the Trustee, in trust for the
benefit of the Certificateholders. The Upper-Tier Distribution Account shall be
established and maintained as an Eligible Account or a subaccount of an Eligible
Account. Promptly on each Distribution Date, the Bond Administrator shall
withdraw from the Lower-Tier Distribution Account and deposit in the Upper-Tier
Distribution Account on or before such date the Lower-Tier Distribution Amount
and the amount of any Prepayment Premiums and Yield Maintenance Charges for such
Distribution Date to be distributed in respect of the Lower-Tier Regular
Interests pursuant to Section 4.0l(a)(iii) and Section 4.0l(c) hereof on such
date.

            (f) With respect to the Serviced Whole Loan, the Servicer shall
maintain, or cause to be maintained, the Serviced Whole Loan Collection Account
in which the Servicer shall deposit or cause to be deposited within one Business
Day following receipt the following payments and collections received or made by
or on behalf of it on the Serviced Whole Loan subsequent to the Cut-off Date:

            (i) all payments on account of principal on the Serviced Whole Loan,
      including the principal component of Unscheduled Payments;

            (ii) all payments on account of interest on the Serviced Whole Loan
      (net of the related Servicing Fees), including Prepayment Premiums,
      Default Interest, Yield Maintenance Charges and the interest component of
      all Unscheduled Payments;

            (iii) any amounts required to be deposited pursuant to Section
      3.07(b), in connection with net losses realized on Permitted Investments
      with respect to funds held in the Serviced Whole Loan Collection Account;

            (iv) all Net REO Proceeds withdrawn from the related REO Account in
      respect of the Serviced Whole Loan pursuant to Section 3.17(b);

            (v) any amounts received from Borrowers which represent recoveries
      of Property Protection Expenses and are allocable to the Serviced Whole
      Loan, to the extent not permitted to be retained by the Servicer as
      provided herein;

            (vi) all Insurance Proceeds and Liquidation Proceeds received in
      respect of the Serviced Whole Loan or any related REO Property, other than
      Excess Liquidation Proceeds and Liquidation Proceeds that are received in
      connection with a purchase of all the Mortgage Loans and any REO
      Properties in the Trust Fund and that are to be deposited in the
      Lower-Tier Distribution Account pursuant to Section 9.01, together with
      any amounts representing recoveries of Nonrecoverable Advances, including
      any recovery of Unliquidated Advances, in respect of the Serviced Whole
      Loan;

            (vii) Penalty Charges on the Serviced Whole Loan to the extent
      required to offset interest on Advances and Additional Trust Fund Expenses
      pursuant to Section 3.12(d);

            (viii)any amounts required to be deposited by the Servicer or the
      Special Servicer pursuant to Section 3.08(b) in connection with losses
      resulting from a deductible clause in a blanket or master force-placed
      policy in respect of the Mortgage Loan included in the Serviced Whole
      Loan;

            (ix) any other amounts required by the provisions of this Agreement
      to be deposited into the Serviced Whole Loan Collection Account by the
      Servicer or Special Servicer; and

            (x) any Servicer Prepayment Interest Shortfalls in respect of the
      Mortgage Loan included in the Serviced Whole Loan pursuant to Section
      4.01(i).

            The foregoing requirements for deposits into the Serviced Whole Loan
Collection Account shall be exclusive, it being understood and agreed that,
without limiting the generality of the foregoing, payments in the nature of late
payment charges (subject to Section 3.12 hereof), Assumption Fees, loan
modification fees, loan service transaction fees, extension fees, demand fees,
beneficiary statement charges and similar fees need not be deposited into the
Serviced Whole Loan Collection Account by the Servicer and, to the extent
permitted by applicable law, the Servicer or the Special Servicer, as applicable
in accordance with Section 3.12 hereof, shall be entitled to retain any such
charges and fees received with respect to the Serviced Whole Loan as additional
compensation. In the event that the Servicer deposits in the Serviced Whole Loan
Collection Account any amount not required to be deposited therein, it may at
any time withdraw such amount from the Serviced Whole Loan Collection Account,
any provision herein to the contrary notwithstanding.

            The Serviced Whole Loan Collection Account shall be maintained as a
segregated account, separate and apart from any trust fund created for
mortgage-backed securities of other series and the other accounts of the
Servicer; provided, however, that the Serviced Whole Loan Collection Account may
be a sub-account of the Collection Account but shall, for purposes of this
Agreement, be treated as a separate account. The Serviced Whole Loan Collection
Account shall be established and maintained as an Eligible Account or as a
subaccount of an Eligible Account.

            Upon receipt of any of the foregoing amounts described in clauses
(i), (ii), (iv), (v) and (vi) above with respect to the Serviced Whole Loan for
so long as it is a Specially Serviced Loan but is not an REO Loan, the Special
Servicer shall remit within one Business Day such amounts to the Servicer for
deposit into the Serviced Whole Loan Collection Account in accordance with the
second preceding paragraph. Any such amounts received by the Special Servicer
with respect to an REO Property related to the Serviced Whole Loan shall
initially be deposited by the Special Servicer into the Serviced Whole Loan REO
Account and remitted to the Servicer for deposit into the Serviced Whole Loan
Collection Account pursuant to Section 3.17(b).

            (g) Within one Business Day of receipt, the Servicer shall remit,
from amounts on deposit in the related Serviced Whole Loan Collection Account in
accordance with Section 3.06(c)(i)(A), to each Serviced Companion Loan
Noteholder by wire transfer in immediately available funds to the account of
such Serviced Companion Loan Noteholder or an agent therefor appearing on the
Serviced Companion Loan Noteholder Register on the related date such amounts as
are required to be remitted (or, if no such account so appears or information
relating thereto is not provided at least five (5) Business Days prior to the
date such amounts are required to be remitted, by check sent by first-class mail
to the address of such Serviced Companion Loan Noteholder or its agent appearing
on the Serviced Companion Loan Noteholder Register) the portion of the
applicable Serviced Whole Loan Remittance Amount allocable to such Serviced
Companion Loan Noteholder.

            (h) Prior to the Servicer Remittance Date relating to any Collection
Period in which Excess Liquidation Proceeds are received, the Bond Administrator
shall establish and maintain the Excess Liquidation Proceeds Account in
accordance with Section 3.17(e). On the Servicer Remittance Date related to the
applicable Distribution Date, the Servicer shall remit to the Bond
Administrator, for distribution on such Distribution Date, the amounts, if any,
to be applied as provided in Section 4.01(e); provided that on the Business Day
prior to the final Distribution Date, the Bond Administrator shall withdraw from
the Excess Liquidation Proceeds Account and deposit in the Lower-Tier
Distribution Account (after allocation to any related Serviced Companion Loan as
provided in 4.01(e)), for distribution on such Distribution Date, any and all
amounts then on deposit in the Excess Liquidation Proceeds Account attributable
to the Mortgage Loans.

            (i) Funds in the Collection Account, the Serviced Whole Loan
Collection Account and the REO Account may be invested in Permitted Investments
in accordance with the provisions of Section 3.07. Funds held in the
Distribution Accounts, the Interest Reserve Account and the Excess Liquidation
Proceeds Account shall remain uninvested.

            The Servicer shall give written notice to the Depositor, the Trustee
and the Bond Administrator of the location and account number of the Collection
Account and the Serviced Whole Loan Collection Account as of the Closing Date
and shall notify the Depositor, the Trustee and the Bond Administrator, as
applicable, in writing prior to any subsequent change thereof. In addition, the
Servicer shall provide notice to each affected holder of a Serviced Companion
Loan of the location and account number of the relevant Serviced Whole Loan
Collection Account as well as notice in writing prior to any subsequent change
thereof. The Bond Administrator shall give written notice to the Depositor, the
Trustee and the Servicer of the location and account number of the Interest
Reserve Account, any Excess Liquidation Proceeds Account and the Distribution
Accounts as of the Closing Date and shall notify the Depositor, the Trustee and
the Servicer, as applicable, in writing prior to any subsequent change thereof.

            Section 3.06 Permitted Withdrawals from the Collection Account, the
Distribution Accounts and the Serviced Whole Loan Collection Account; Trust
Ledger(a) . (a) On each Servicer Remittance Date, the Servicer shall, with
respect to each Mortgage Loan (other than the Tysons Corner Center Mortgage
Loan), make withdrawals from or debits to the Collection Account for the
following purposes (the order set forth below not constituting an order of
priority for such withdrawals):

            (i) to withdraw from the Collection Account any sums deposited
      therein in error and pay such sums to the Persons entitled thereto;

            (ii) to pay to the Bond Administrator the Trustee Fee for deposit
      into the Lower-Tier Distribution Account. The Bond Administrator shall
      retain the Bond Administrator Fee and shall remit to the Trustee its
      portion of the Trustee Fee, with all such amounts payable from amounts on
      deposit in the Lower-Tier Distribution Account;

            (iii) to pay from time to time to the Servicer in accordance with
      Section 3.07(b) any interest or investment income earned on funds
      deposited in the Collection Account;

            (iv) to reimburse itself (if it is not the affected Mortgage Loan
      Seller), the Special Servicer, the Bond Administrator or the Trustee, as
      the case may be, for any unreimbursed expenses reasonably incurred by such
      Person in respect of any Breach or Defect giving rise to a repurchase
      obligation on the part of a Mortgage Loan Seller, including, without
      limitation, any expenses arising out of the enforcement of the repurchase
      obligation, together with interest thereon at the Advance Rate, each such
      Person's right to reimbursement pursuant to this clause (iv) with respect
      to such Mortgage Loan being limited to that portion of the Repurchase
      Price paid for such Mortgage Loan that represents such expense in
      accordance with the definition of Repurchase Price;

            (v) to transfer Excess Liquidation Proceeds allocable to Mortgage
      Loans to the Lower Tier Distribution Account for deposit by the Bond
      Administrator into the Excess Liquidation Proceeds Account in accordance
      with Section 3.17(e); and

            (vi) to pay itself, the Special Servicer or any Mortgage Loan
      Seller, as the case may be, with respect to each Mortgage Loan, if any,
      previously purchased by such Person pursuant to or as contemplated by this
      Agreement, all amounts received on such Mortgage Loan subsequent to the
      date of purchase.

            (b) The Servicer shall maintain a separate Trust Ledger with respect
to the Mortgage Loans on which it shall make ledger entries as to amounts
deposited (or credited) or withdrawn (or debited) with respect thereto. With
respect to each Mortgage Loan (other than the Tysons Corner Center Mortgage
Loan), the Servicer may make withdrawals from amounts allocated thereto in the
Collection Account (and may debit the Trust Ledger) for the following purposes
(the order set forth below not constituting an order of priority for such
withdrawals):

            (i) on or before 1:00 p.m. (New York City time) on each Servicer
      Remittance Date, to remit to the Bond Administrator the amounts to be
      deposited into the Lower-Tier Distribution Account (including without
      limitation the aggregate of the Available Funds, Prepayment Premiums and
      Excess Liquidation Proceeds) which the Bond Administrator shall then
      deposit into the Upper-Tier Distribution Account, the Interest Reserve
      Account and the Excess Liquidation Proceeds Account, pursuant to Sections
      3.05(e), 3.05(d) and 3.05(h), respectively;

            (ii) to pay (A) itself, unpaid Servicing Fees; and the Special
      Servicer, unpaid Special Servicing Fees, Liquidation Fees and Workout Fees
      in respect of each Mortgage Loan, Specially Serviced Loan and REO Loan
      (exclusive of each Mortgage Loan or REO Loan included in the Serviced
      Whole Loan), as applicable, the Servicer's or Special Servicer's, as
      applicable, rights to payment of Servicing Fees and Special Servicing
      Fees, Liquidation Fees and Workout Fees pursuant to this clause (ii)(A)
      with respect to any Mortgage Loan, Specially Serviced Loan or REO Loan
      (exclusive of each Mortgage Loan or REO Loan included in the Serviced
      Whole Loan), as applicable, being limited to amounts received on or in
      respect of such Mortgage Loan (whether in the form of payments,
      Liquidation Proceeds, Insurance Proceeds or Condemnation Proceeds), such
      Specially Serviced Loan (whether in the form of payments, Liquidation
      Proceeds, Insurance Proceeds or Condemnation Proceeds) or such REO Loan
      (whether in the form of REO Proceeds, Liquidation Proceeds, Insurance
      Proceeds or Condemnation Proceeds), that are allocable as recovery of
      interest thereon, (B) each month to the Special Servicer any unpaid
      Special Servicing Fees, Liquidation Fees and Workout Fees in respect of
      each Specially Serviced Loan or REO Loan, as applicable, remaining unpaid
      out of general collections on the Mortgage Loans, Specially Serviced Loans
      and REO Properties, but in the case of the Serviced Whole Loan, only to
      the extent that amounts on deposit in the Serviced Whole Loan Collection
      Account are insufficient therefor and (C) each month to the related Other
      Special Servicer the Trust's pro rata portion (based on the related
      Mortgage Loan's Stated Principal Balance) of any unpaid special servicing
      fees, liquidation fees and workout fees in respect of each Non-Serviced
      Whole Loan remaining unpaid, out of general collections on the Mortgage
      Loans, Specially Serviced Loans and REO Properties;

            (iii) to reimburse itself or the Trustee, as applicable (in reverse
      of such order with respect to any Mortgage Loan), for unreimbursed P&I
      Advances (other than Nonrecoverable Advances, which are reimbursable
      pursuant to clause (v) below, and exclusive of the Mortgage Loan or REO
      Loan included in the Serviced Whole Loan), the Servicer's or the Trustee's
      right to reimbursement pursuant to this clause (iii) being limited to
      amounts received which represent Late Collections for the applicable
      Mortgage Loan (exclusive of the Mortgage Loan or REO Loan included in the
      Serviced Whole Loan) during the applicable period; provided, however, that
      if such P&I Advance becomes a Workout-Delayed Reimbursement Amount, then
      such P&I Advance shall thereafter be reimbursed from the portion of
      general collections and recoveries on or in respect of all of the Mortgage
      Loans and REO Properties on deposit in the Collection Account from time to
      time that represent collections or recoveries of principal to the extent
      provided in clause (v) below;

            (iv) to reimburse itself, the Special Servicer or the Trustee, as
      applicable (in reverse of such order with respect to any Mortgage Loan or
      REO Property) (exclusive of the Mortgage Loan or REO Loan included in the
      Serviced Whole Loan or any REO Property securing the Serviced Whole Loan),
      for unreimbursed Property Advances, the Servicer's, the Special Servicer's
      or the Trustee's respective rights to receive payment pursuant to this
      clause (iv) with respect to any Mortgage Loan or REO Property being
      limited to, as applicable, payments received from the related Borrower
      which represent reimbursements of such Property Advances, Liquidation
      Proceeds, Insurance Proceeds, Condemnation Proceeds and REO Proceeds with
      respect to the applicable Mortgage Loan or REO Property; provided,
      however, that if such Property Advance becomes a Workout-Delayed
      Reimbursement Amount, then such Property Advance shall thereafter be
      reimbursed from the portion of general collections and recoveries on or in
      respect of the Mortgage Loans and REO Properties on deposit in the
      Collection Account from time to time that represent collections or
      recoveries of principal to the extent provided in clause (v) below;

            (v) (A)(1) to reimburse itself, the Special Servicer or the Trustee,
      as applicable (in reverse of such order with respect to any Mortgage Loan
      or REO Property), (x) with respect to Nonrecoverable Advances, first, out
      of Liquidation Proceeds, Insurance Proceeds, Condemnation Proceeds and REO
      Proceeds received on the related Mortgage Loan and related REO Properties,
      second, out of the principal portion of general collections on the
      Mortgage Loans and REO Properties, and then, to the extent the principal
      portion of general collections is insufficient and with respect to such
      deficiency only, subject to any election at its sole discretion to defer
      reimbursement thereof pursuant to this Section 3.06(b), out of other
      collections on the Mortgage Loans and REO Properties and (y) with respect
      to the Workout-Delayed Reimbursement Amounts, out of the principal portion
      of the general collections on the Mortgage Loans and REO Properties, net
      of such amounts being reimbursed pursuant to the preceding clause (x)
      above, but in the case of the Serviced Whole Loan, only to the extent that
      amounts on deposit in the Serviced Whole Loan Collection Account are
      insufficient therefor after taking into account any allocation set forth
      in the related Co-Lender Agreement and (2) to pay itself or the Special
      Servicer out of general collections on the Mortgage Loans and REO
      Properties, with respect to any Mortgage Loan or REO Property any related
      earned Servicing Fee, Special Servicing Fee, Liquidation Fee or Workout
      Fee, as applicable, that remained unpaid in accordance with clause (ii)
      above following a Final Recovery Determination made with respect to such
      Mortgage Loan or REO Property and the deposit into the Collection Account
      of all amounts received in connection therewith, but in the case of the
      Serviced Whole Loan, only to the extent that amounts on deposit in the
      Serviced Whole Loan Collection Account are insufficient therefor and (B)
      to reimburse the Other Servicer, the Other Special Servicer and the Other
      Trustee, as applicable, out of general collections on the Mortgage Loans
      and REO Properties for the Trust's pro rata portion (based on the related
      Mortgage Loan's Stated Principal Balance) of nonrecoverable servicing
      advances previously made with respect to the related Non-Serviced Whole
      Loan;

            (vi) (A) at such time as it reimburses itself, the Special Servicer
      or the Trustee, as applicable (in reverse of such order with respect to
      any Mortgage Loan or REO Property), for (1) any unreimbursed P&I Advance
      (including any such P&I Advance that constitutes a Workout-Delayed
      Reimbursement Amount) made with respect to a Mortgage Loan pursuant to
      clause (iii) above, to pay itself, the Special Servicer or the Trustee, as
      applicable, any Advance Interest Amounts accrued and payable thereon, (2)
      any unreimbursed Property Advances (including any such Advance that
      constitutes a Workout-Delayed Reimbursement Amount) made with respect to a
      Mortgage Loan or REO Property pursuant to clause (iv) above, to pay
      itself, the Special Servicer or the Trustee, as the case may be, any
      Advance Interest Amounts accrued and payable thereon or (3) any
      Nonrecoverable P&I Advances made with respect to a Mortgage Loan or REO
      Property and any Nonrecoverable Property Advances made with respect to a
      Mortgage Loan or REO Property pursuant to clause (v) above, to pay itself,
      the Special Servicer or the Trustee, as the case may be, any Advance
      Interest Amounts accrued and payable thereon, but in the case of a
      Serviced Companion Loan only to the extent that such Nonrecoverable
      Property Advance has been reimbursed and only to the extent that amounts
      on deposit in the Serviced Whole Loan Collection Account are insufficient
      therefor after taking into account any allocation set forth in the related
      Co-Lender Agreement and (B) at such time as it reimburses the Other
      Servicer, the Other Special Servicer and the Other Trustee, as applicable,
      for any nonrecoverable servicing advances made with respect to the related
      Non-Serviced Whole Loan or the related REO Property pursuant to clause (v)
      above, to pay the Other Servicer, the Other Special Servicer and the Other
      Trustee, as applicable, any interest accrued and payable thereon;

            (vii) to reimburse itself, the Special Servicer, the Trustee or the
      Bond Administrator, as the case may be, for any unreimbursed expenses
      reasonably incurred by such Person in respect of any Breach or Defect
      giving rise to a repurchase obligation of the applicable Mortgage Loan
      Seller under Section 6 of the applicable Mortgage Loan Purchase Agreement,
      including, without limitation, any expenses arising out of the enforcement
      of the repurchase obligation, each such Person's right to reimbursement
      pursuant to this clause (vii) with respect to any Mortgage Loan (exclusive
      of the Mortgage Loan included in the Serviced Whole Loan) being limited to
      that portion of the Repurchase Price paid for such Mortgage Loan that
      represents such expense in accordance with clause (e) of the definition of
      Repurchase Price;

            (viii)to pay itself all Prepayment Interest Excesses on the Mortgage
      Pool (exclusive of the Mortgage Loan or the REO Loan included in the
      Serviced Whole Loan) not required to be used pursuant to Section 3.19(c);

            (ix) (A) to pay itself, as additional servicing compensation in
      accordance with Section 3.12(a), (1) interest and investment income earned
      in respect of amounts relating to the Trust Fund held in the Collection
      Account as provided in Section 3.07(b) (but only to the extent of the net
      investment earnings with respect to the Collection Account for any period
      from any Distribution Date to the immediately succeeding Servicer
      Remittance Date) and (2) Penalty Charges on the Mortgage Loans (other than
      Specially Serviced Loans) (exclusive of the Mortgage Loan or REO Loan
      included in the Serviced Whole Loan), (but only to the extent collected
      from the related Borrower and to the extent that all amounts then due and
      payable with respect to the related Mortgage Loan have been paid and are
      not needed to pay interest on Advances in accordance with Section 3.12
      and/or Additional Trust Fund Expenses); and (B) to pay the Special
      Servicer, as additional servicing compensation in accordance with Section
      3.12(c), Penalty Charges on Specially Serviced Loans (exclusive of the
      Mortgage Loan or the REO Loan included in the Serviced Whole Loan) (but
      only to the extent collected from the related Borrower and to the extent
      that all amounts then due and payable with respect to the related
      Specially Serviced Loan have been paid and are not needed to pay interest
      on Advances, all in accordance with Section 3.12);

            (x) to recoup any amounts deposited in the Collection Account in
      error and pay such amounts to the Persons entitled thereto;

            (xi) to pay itself, the Special Servicer, the Depositor or any of
      their respective directors, officers, members, managers, employees and
      agents, as the case may be, any amounts payable to any such Person
      pursuant to Sections 6.03(a) or 6.03(b);

            (xii) to pay for the cost of the Opinions of Counsel contemplated by
      Sections 3.10(e), 3.10(f), 3.17(a), 3.17(b) and 10.07;

            (xiii)to pay out of general collections on the Mortgage Loans and
      REO Properties any and all federal, state and local taxes imposed on the
      Upper-Tier REMIC, the Lower-Tier REMIC, the Loan REMIC, or any of their
      assets or transactions, together with all incidental costs and expenses,
      to the extent that none of the Servicer, the Special Servicer, the Trustee
      or the Bond Administrator is liable therefor pursuant to this Agreement,
      except to the extent such amounts relate solely to the Serviced Whole
      Loan, in which case, such amounts will be reimbursed first from the
      Serviced Whole Loan Collection Account in accordance with Section 3.06(c)
      and then out of general collections on the Mortgage Loans;

            (xiv) to reimburse the Trustee or the Bond Administrator out of
      general collections on the Mortgage Loans and REO Properties for expenses
      incurred by and reimbursable to it by the Trust Fund, except to the extent
      such amounts relate solely to the Serviced Whole Loan, in which case, such
      amounts will be reimbursed first, from the Serviced Whole Loan Collection
      Account in accordance with Section 3.06(c) and then out of general
      collections on the Mortgage Loans;

            (xv) to pay any Person permitted to purchase a Mortgage Loan under
      Section 3.18 with respect to each Mortgage Loan (exclusive of the Mortgage
      Loan included in the Serviced Whole Loan), if any, previously purchased by
      such Person pursuant to this Agreement, all amounts received thereon
      subsequent to the date of purchase relating to periods after the date of
      purchase;

            (xvi) to remit to the Bond Administrator for deposit in the Interest
      Reserve Account the amounts required to be deposited in the Interest
      Reserve Account pursuant to Section 3.05(d);

            (xvii)to pay to the Trustee the Trustee Fee (inclusive of the Bond
      Administrator Fee which shall be retained by the Bond Administrator); and

            (xviii) to pay to the Servicer, the Special Servicer, the Trustee,
      the Bond Administrator or the Depositor, as the case may be, any amount
      specifically required to be paid to such Person at the expense of the
      Trust Fund under any provision of this Agreement to which reference is not
      made in any other clause of this Section 3.06(b), it being acknowledged
      that this clause (xviii) shall not be construed to modify any limitation
      or requirement otherwise set forth in this Agreement as to the time at
      which any Person is entitled to payment or reimbursement of any amount or
      as to the funds from which any such payment or reimbursement is permitted
      to be made; and

            (xix) to clear and terminate the Collection Account at the
      termination of this Agreement pursuant to Section 9.01

            The Servicer shall pay to the Special Servicer (or to third party
contractors at the direction of the Special Servicer) from the Collection
Account amounts permitted to be paid to it (or to such third party contractors)
therefrom promptly upon receipt of a certificate of a Servicing Officer of the
Special Servicer describing the item and amount to which the Special Servicer
(or any such third party contractor) is entitled. The Servicer may rely
conclusively on any such certificate and shall have no duty to re-calculate the
amounts stated therein. The Special Servicer shall keep and maintain separate
accounting for each Specially Serviced Loan and REO Loan and the related
Serviced Companion Loan, on a loan-by-loan and property-by-property basis, for
the purpose of justifying any request for withdrawal from the Collection
Account.

            The Servicer shall keep and maintain separate accounting records, on
a Mortgage Loan by Mortgage Loan basis, reflecting amounts allocable to each
Mortgage Loan, and on a property-by-property basis when appropriate, for the
purpose of justifying any withdrawal, debit or credit from the Collection
Account or the Trust Ledger.

            The Servicer shall pay to the Trustee, the Bond Administrator or the
Special Servicer from the Collection Account amounts permitted to be paid to the
Trustee, the Bond Administrator or the Special Servicer therefrom, promptly upon
receipt of a certificate of a Responsible Officer of the Trustee or the Bond
Administrator or a certificate of a Servicing Officer, as applicable, describing
the item and amount to which such Person is entitled. The Servicer may rely
conclusively on any such certificate and shall have no duty to recalculate the
amounts stated therein.

            The Trustee, the Bond Administrator, the Special Servicer, the
Servicer and the Non-Serviced Mortgage Loan Service Providers (to the extent
specified in Section 10.12) shall in all cases have a right prior to the
Certificateholders to any funds on deposit in the Collection Account from time
to time for the reimbursement or payment of the Servicing Compensation
(including investment income), Trustee Fees, Special Servicing Compensation,
Advances, Advance Interest Amounts, their respective indemnification payments
(if any) pursuant to Section 6.03, Section 8.05 or Section 10.12, their
respective expenses hereunder to the extent such fees and expenses are to be
reimbursed or paid from amounts on deposit in the Collection Account pursuant to
this Agreement (and to have such amounts paid directly to third party
contractors for any invoices approved by the Trustee, the Bond Administrator,
the Servicer or the Special Servicer, as applicable). In addition, the Trustee,
the Bond Administrator, the Special Servicer and the Servicer shall in all cases
have a right prior to the Certificateholders to any funds on deposit in the
Collection Account from time to time for the reimbursement or payment of any
federal, state or local taxes imposed on the Upper-Tier REMIC, the Lower-Tier
REMIC or the Loan REMIC.

            Upon the determination that a previously made Advance is a
Nonrecoverable Advance, to the extent that the reimbursement thereof would
exceed the full amount of the principal portion of general collections on the
Mortgage Loans (or with respect to Property Advances, the Serviced Whole Loan)
deposited in the Collection Account (or the Serviced Whole Loan Collection
Account) as applicable, and available for distribution on the next Distribution
Date, the Servicer or the Trustee, each at its own option and in its sole
discretion, as applicable, instead of obtaining reimbursement for the remaining
amount of such Nonrecoverable Advance pursuant to Section 3.06(b) or Section
3.06(c) immediately, may elect to refrain from obtaining such reimbursement for
such portion of the Nonrecoverable Advance during the Collection Period ending
on the then-current Determination Date for successive one-month periods for a
total period not to exceed 12 months. If the Servicer (or the Trustee) makes
such an election at its sole option and in its sole discretion to defer
reimbursement with respect to all or a portion of a Nonrecoverable Advance
(together with interest thereon), then such Nonrecoverable Advance (together
with interest thereon) or portion thereof shall continue to be fully
reimbursable in the subsequent Collection Period (subject, again, to the same
sole discretion to elect to defer; it is acknowledged that, in such a subsequent
period, such Nonrecoverable Advance shall again be payable first from principal
collections as described above prior to payment from other collections). In
connection with a potential election by the Servicer (or the Trustee) to refrain
from the reimbursement of a particular Nonrecoverable Advance or portion thereof
during the one-month Collection Period ending on the related Determination Date
for any Distribution Date, the Servicer (or the Trustee) shall further be
authorized to wait for principal collections on the Mortgage Loans and Serviced
Companion Loans to be received before making its determination of whether to
refrain from the reimbursement of a particular Nonrecoverable Advance or portion
thereof) until the end of such Collection Period; provided, however, if, at any
time the Servicer or the Trustee, as applicable, elects not to refrain from
obtaining such reimbursement or otherwise determines that the reimbursement of a
Nonrecoverable Advance during a Collection Period will exceed the full amount of
the principal portion of general collections deposited in the Collection Account
or Serviced Whole Loan Collection Account, as applicable, for such Distribution
Date, then the Servicer or the Trustee, as applicable, shall use its reasonable
efforts to give the Rating Agencies 15 days' notice of such determination,
unless extraordinary circumstances make such notice impractical.

            The foregoing shall not, however, be construed to limit any
liability that may otherwise be imposed on such Person for any failure by such
Person to comply with the conditions to making such an election under this
Section 3.06(b) or to comply with the terms of this Section 3.06(b) and the
other provisions of this Agreement that apply once such an election, if any, has
been made. If the Servicer or the Trustee, as applicable, determines, in its
sole discretion, that its ability to fully recover the Nonrecoverable Advances
has been compromised, then the Servicer or the Trustee, as applicable, shall be
entitled to immediate reimbursement of Nonrecoverable Advances with interest
thereon at the Advance Rate from all amounts in the Collection Account for such
Distribution Date. Any such election by any such party to refrain from
reimbursing itself or obtaining reimbursement for any Nonrecoverable Advance or
portion thereof with respect to any one or more Collection Periods shall not
limit the accrual of interest at the Advance Rate on such Nonrecoverable Advance
for the period prior to the actual reimbursement of such Nonrecoverable Advance.
The Servicer's or the Trustee's, as applicable, agreement to defer reimbursement
of such Nonrecoverable Advances as set forth above is an accommodation to the
Certificateholders and, as applicable, the Serviced Companion Loan Noteholders
and shall not be construed as an obligation on the part of the Servicer or the
Trustee, as applicable, or a right of the Certificateholders or the Serviced
Companion Loan Noteholders. Nothing herein shall be deemed to create in the
Certificateholders and the Serviced Companion Loan Noteholders a right to prior
payment of distributions over the Servicer's or the Trustee's, as applicable,
right to reimbursement for Advances (deferred or otherwise). In all events, the
decision to defer reimbursement or to seek immediate reimbursement of
Nonrecoverable Advances shall be deemed to be in accordance with the Servicing
Standard and none of the Servicer, the Trustee or the other parties to this
Agreement shall have any liability to one another or to any of the
Certificateholders or any of the Serviced Companion Loan Noteholders for any
such election that such party makes as contemplated by this Section 3.06(b) or
for any losses, damages or other adverse economic or other effects that may
arise from such an election.

            None of the Servicer, the Special Servicer or the Trustee shall be
permitted to reverse any other Person's determination that an Advance is a
Nonrecoverable Advance.

            If the Servicer, the Special Servicer or the Trustee, as applicable,
is reimbursed out of general collections for any unreimbursed Advances that are
determined to be Nonrecoverable Advances (together with any interest accrued and
payable thereon), then (for purposes of calculating distributions on the
Certificates) such reimbursement and payment of interest shall be deemed to have
been made: first, out of the Principal Distribution Amount, which, but for its
application to reimburse a Nonrecoverable Advance and/or to pay interest
thereon, would be included in Available Funds for any subsequent Distribution
Date, and second, out of other amounts which, but for their application to
reimburse a Nonrecoverable Advance and/or to pay interest thereon, would be
included in Available Funds for any subsequent Distribution Date.

            If and to the extent that any payment is deemed to be applied as
contemplated in the paragraph above to reimburse a Nonrecoverable Advance or to
pay interest thereon, then the Principal Distribution Amount for such
Distribution Date shall be reduced, to not less than zero, by the amount of such
reimbursement. If and to the extent (i) any Advance is determined to be a
Nonrecoverable Advance, (ii) such Advance and/or interest thereon is reimbursed
out of the Principal Distribution Amount as contemplated above and (iii) the
particular item for which such Advance was originally made is subsequently
collected out of payments or other collections in respect of the related
Mortgage Loan, then the Principal Distribution Amount for the Distribution Date
that corresponds to the Collection Period in which such item was recovered shall
be increased by an amount equal to the lesser of (A) the amount of such item and
(B) any previous reduction in the Principal Distribution Amount for a prior
Distribution Date as contemplated in the paragraph above resulting from the
reimbursement of the subject Advance and/or the payment of interest thereon.

            (c) The Servicer may (and, with respect to clause (i), shall), from
time to time, make withdrawals from the Serviced Whole Loan Collection Account,
for any of the following purposes (the order set forth below not constituting an
order of priority for such withdrawals):

            (i) to make remittances each month as and when required in an
      aggregate amount of immediately available funds equal to the allocable
      portion of the applicable Serviced Whole Loan Remittance Amount, to (A)
      the related Serviced Companion Loan Noteholders in accordance with Section
      3.05(g) and (B) the Collection Account for the benefit of the Trust in
      accordance with Section 4.06(b), in each case in accordance with the
      related Co-Lender Agreement (provided that Liquidation Proceeds relating
      to the repurchase of any Serviced Companion Loan by the related seller
      thereof shall be remitted solely to the holder of such Serviced Companion
      Loan, and Liquidation Proceeds relating to the repurchase of the Tysons
      Corner Center Mortgage Loan by the related Mortgage Loan Seller shall be
      remitted solely to the Collection Account);

            (ii) (A) to pay itself unpaid Servicing Fees and the Special
      Servicer unpaid Special Servicing Fees, Liquidation Fees and Workout Fees
      in respect of such Serviced Whole Loan and related REO Loan, as
      applicable, the Servicer's or Special Servicer's, as applicable, rights to
      payment of Servicing Fees and Special Servicing Fees, Liquidation Fees and
      Workout Fees pursuant to this clause (ii)(A) with respect to such Serviced
      Whole Loan or related REO Loan, as applicable, being limited to amounts
      received on or in respect of such Serviced Whole Loan (whether in the form
      of payments, Liquidation Proceeds, Insurance Proceeds or Condemnation
      Proceeds), or such REO Loan (whether in the form of REO Proceeds,
      Liquidation Proceeds, Insurance Proceeds or Condemnation Proceeds), that
      are allocable as recovery of interest thereon and (B) each month to the
      Special Servicer any unpaid Special Servicing Fees, Liquidation Fees and
      Workout Fees in respect of such Serviced Whole Loan or REO Loan, as
      applicable, remaining unpaid out of general collections on such Serviced
      Whole Loan and related REO Property;

            (iii) to reimburse itself or the Trustee for unreimbursed P&I
      Advances with respect to the applicable Mortgage Loan and to reimburse the
      related Tysons Corner Center Service Provider for unreimbursed principal
      and/or interest advances with respect to the applicable Serviced Companion
      Loan, the Servicer's, the Trustee's and the Tysons Corner Center Service
      Provider's right to reimbursement pursuant to this clause (iii) being
      limited to amounts received in the Serviced Whole Loan Collection Account
      which represent Late Collections received in respect of such Mortgage Loan
      (as allocable thereto pursuant to the related Loan Documents and the
      related Co-Lender Agreement) during the applicable period; provided,
      however, that if such P&I Advance on the applicable Mortgage Loan becomes
      a Workout-Delayed Reimbursement Amount, then such P&I Advance shall
      thereafter be reimbursed from the portion of general collections and
      recoveries on or in respect of the Mortgage Loans and REO Properties on
      deposit in the Collection Account from time to time that represent
      collections or recoveries of principal to the extent provided in Section
      3.06(b)(v) above;

            (iv) to reimburse itself, the Trustee or the Special Servicer, as
      applicable (in reverse of such order with respect to such Serviced Whole
      Loan or REO Property), for unreimbursed Property Advances with respect to
      such Serviced Whole Loan or related REO Property, the Servicer's, the
      Trustee's or the Special Servicer's respective rights to receive payment
      pursuant to this clause (iv) being limited to, as applicable, related
      payments, Liquidation Proceeds, Insurance Proceeds and Condemnation
      Proceeds and REO Proceeds with respect to such Serviced Whole Loan;
      provided, however, that if such Property Advance becomes a Workout-Delayed
      Reimbursement Amount, then such Property Advance shall thereafter be
      reimbursed from the portion of general collections and recoveries on or in
      respect of the Mortgage Loans and REO Properties on deposit in the
      Collection Account from time to time that represent collections or
      recoveries of principal to the extent provided in clause (v) below,
      provided that the Servicer shall collect from the related Serviced
      Companion Loan Noteholders their pro rata share (based on Stated Principal
      Balance) of such Workout-Delayed Reimbursement Amount;

            (v) (A) to reimburse itself, the Special Servicer, the Trustee (in
      reverse of such order with respect to such Serviced Whole Loan or related
      REO Property) or any Tysons Corner Center Service Provider, as applicable
      (x) with respect to Nonrecoverable Advances, first, out of Liquidation
      Proceeds, Insurance Proceeds, Condemnation Proceeds and REO Proceeds
      received on the related Serviced Whole Loan and related REO Properties,
      second, out of the principal portion of general collections on the
      Serviced Whole Loan and related REO Properties, and then, to the extent
      the principal portion of general collections is insufficient and with
      respect to such deficiency only, subject to any exercise in its sole
      discretion to defer reimbursement thereof pursuant to this Section
      3.06(c), out of other collections on the Serviced Whole Loan and related
      REO Properties and (y) with respect to the Workout-Delayed Reimbursement
      Amounts, out of the principal portion of the general collections on the
      Serviced Whole Loan and REO Properties, net of such amounts being
      reimbursed pursuant to the preceding clause (x) above; provided that in
      the case of both clause (x) and clause (y) of this clause (v), such
      reimbursements shall be made on a pro rata basis as between the Mortgage
      Loan and the related Serviced Companion Loans or (B) to pay itself or the
      Special Servicer out of general collections on such Serviced Whole Loan
      and related REO Properties, with respect to any Mortgage Loan or Mortgage
      Loans or REO Property any related earned Servicing Fee, Special Servicing
      Fee, Liquidation Fee or Workout Fee, as applicable, that remained unpaid
      in accordance with clause (ii) above following a Final Recovery
      Determination made with respect to such Serviced Whole Loan or related REO
      Property and the deposit into such Serviced Whole Loan Collection Account
      of all amounts received in connection therewith, such party's rights to
      reimbursement pursuant to this clause (v) with respect to any such
      Nonrecoverable Advance, Servicing Fees, Special Servicing Fees,
      Liquidation Fees or Workout Fees, as applicable, being limited (except to
      the extent set forth in Section 3.06(b)) to amounts on deposit in the
      Serviced Whole Loan Collection Account that were received in respect of
      the particular Mortgage Loan (as allocable thereto pursuant to the related
      Loan Documents and the related Co-Lender Agreement) in the related
      Serviced Whole Loan as to which such Nonrecoverable Advance, Servicing
      Fees, Special Servicing Fees, Liquidation Fees or Workout Fees, as
      applicable, relates;

            (vi) at such time as it reimburses itself, the Special Servicer, the
      Trustee or any Tysons Corner Center Service Provider, as applicable, on a
      pro rata basis as between the Mortgage Loan and the related Serviced
      Companion Loans, for (A) any unreimbursed P&I Advance with respect to the
      applicable Mortgage Loan (including any such Advance that constitutes a
      Workout-Delayed Reimbursement Amount) or any unreimbursed principal and/or
      interest advance with respect to the related Serviced Companion Loan
      pursuant to clause (iii) above, to pay itself, the Trustee or such Tysons
      Corner Center Service Provider, as applicable, any Advance Interest
      Amounts accrued and payable thereon, (B) any unreimbursed Property
      Advances (including any such Advance that constitutes a Workout-Delayed
      Reimbursement Amount) pursuant to clause (iv) above, to pay itself, the
      Special Servicer or the Trustee, as the case may be, any Advance Interest
      Amounts accrued and payable thereon or (C) any Nonrecoverable Advances
      pursuant to clause (v) above, to pay itself, the Special Servicer, the
      Trustee or any Tysons Corner Center Service Provider, as the case may be,
      any Advance Interest Amounts accrued and payable thereon, such party's
      rights to reimbursement pursuant to this clause (vi) with respect to any
      such interest on advances being limited to amounts on deposit in the
      Serviced Whole Loan Collection Account that were received in respect of
      the particular Mortgage Loan (as allocable thereto pursuant to the related
      Loan Documents and the related Co-Lender Agreement) in the related
      Serviced Whole Loan as to which such advance relates;

            (vii) to reimburse itself, the Special Servicer or the Trustee, as
      the case may be, or any Tysons Corner Center Servicer Provider, as
      applicable, for any unreimbursed expenses reasonably incurred by such
      Person in respect of any Breach or Defect with respect to the Mortgage
      Loan or "breach" or "defect" with respect to a Serviced Companion Loan
      under the related Serviced Companion Loan Securitization Agreement
      included in such Serviced Whole Loan giving rise to a repurchase
      obligation of the applicable Mortgage Loan Seller under Section 6 of the
      applicable Mortgage Loan Purchase Agreement or, with respect to a Serviced
      Companion Loan, under the related mortgage loan purchase agreement,
      including, without limitation, any expenses arising out of the enforcement
      of the repurchase obligation, each such Person's right to reimbursement
      pursuant to this clause (vii) with respect to such Serviced Whole Loan
      being limited to that portion of the Repurchase Price paid for the related
      Mortgage Loan or Serviced Companion Loan that represents such expense in
      accordance with clause (e) of the definition of Repurchase Price (or, with
      respect to a Serviced Companion Loan, a comparable expense);

            (viii)to pay itself all Prepayment Interest Excesses on the related
      Mortgage Loan included in the Serviced Whole Loan not required to be used
      pursuant to Section 3.19(c);

            (ix) (A) to pay itself, as additional servicing compensation in
      accordance with Section 3.12(a), (1) interest and investment income earned
      in respect of amounts relating to such Serviced Whole Loan held in the
      Serviced Whole Loan Collection Account as provided in Section 3.07(b) (but
      only to the extent of the net investment earnings with respect to such
      Serviced Whole Loan Collection Account for any period from any
      Distribution Date to the immediately succeeding Servicer Remittance Date)
      and (2) the pro rata portion of any Penalty Charges, as allocated in the
      related Co-Lender Agreement, on the related Mortgage Loan (other than
      Specially Serviced Loans) and to pay to any Tysons Corner Center Service
      Provider, allocable to the related Serviced Companion Loan but only to the
      extent collected from the related Borrower and to the extent that all
      amounts then due and payable with respect to the Serviced Whole Loan have
      been paid and are not needed to pay interest on Advances and/or Additional
      Trust Fund Expenses in accordance with Section 3.12 and the related
      Co-Lender Agreement; and (B) to pay the Special Servicer, as additional
      servicing compensation in accordance with the second paragraph of Section
      3.12, the pro rata portion of any Penalty Charges, as allocated in the
      related Co-Lender Agreement, on the related Mortgage Loan, and to pay to
      any Tysons Corner Center Service Provider the pro rata portion of any
      Penalty Charges allocable to the related Serviced Companion Loan, as
      allocated in the related Co-Lender Agreement, during the period it is a
      Specially Serviced Loan (but only to the extent collected from the related
      Borrower and to the extent that all amounts then due and payable with
      respect to the related Specially Serviced Loan have been paid and are not
      needed to pay interest on Advances in accordance with Section 3.12 and/or
      Additional Trust Fund Expenses and in accordance with the related
      Co-Lender Agreement);

            (x) to recoup any amounts deposited in such Serviced Whole Loan
      Collection Account in error;

            (xi) to pay itself, the Special Servicer, the Depositor or any of
      their respective directors, officers, members, managers, employees and
      agents, as the case may be, any amounts payable to any such Person
      pursuant to Sections 6.03(a) or 6.03(b), to the extent that such amounts
      relate to such Serviced Whole Loan;

            (xii) to pay for the cost of the Opinions of Counsel contemplated by
      Sections 3.10(e), 3.10(f), 3.17(a), 3.17(b) and 10.07 to the extent
      payable out of the Trust Fund as they relate to such Serviced Whole Loan;

            (xiii)to pay out of general collections on such Serviced Whole Loan
      and related REO Property any and all federal, state and local taxes
      imposed on the Upper-Tier REMIC, the Lower-Tier REMIC, the Loan REMIC, or
      any of their assets or transactions, together with all incidental costs
      and expenses, in each case to the extent that none of the Servicer, the
      Special Servicer, the Trustee or the Bond Administrator is liable therefor
      pursuant to this Agreement and only to the extent that such amounts relate
      to the related Mortgage Loan or to the Serviced Companion Loans (to the
      extent that any Serviced Companion Loan is included in a REMIC);

            (xiv) to reimburse the Trustee and the Bond Administrator out of
      general collections on such Serviced Whole Loan and REO Properties for
      expenses incurred by and reimbursable to it by the Trust Fund;

            (xv) to pay any Person permitted to purchase a Mortgage Loan under
      Section 3.18 with respect to the Mortgage Loan included in such Serviced
      Whole Loan, if any, previously purchased by such Person pursuant to this
      Agreement, all amounts received thereon subsequent to the date of purchase
      relating to periods after the date of purchase;

            (xvi) to deposit in the Interest Reserve Account the amounts with
      respect to the Mortgage Loan included in such Serviced Whole Loan required
      to be deposited in the Interest Reserve Account pursuant to Section
      3.05(d);

            (xvii)to pay to the Servicer, the Special Servicer, the Trustee, the
      Bond Administrator or the Depositor, as the case may be, to the extent
      that such amounts relate to the Mortgage Loan included in such Serviced
      Whole Loan, any amount specifically required to be paid to such Person at
      the expense of the Trust Fund under any provision of this Agreement to
      which reference is not made in any other clause of this Section 3.06(c),
      it being acknowledged that this clause (xvii) shall not be construed to
      modify any limitation or requirement otherwise set forth in this Agreement
      as to the time at which any Person is entitled to payment or reimbursement
      of any amount or as to the funds from which any such payment or
      reimbursement is permitted to be made; and

            (xviii) to clear and terminate such Serviced Whole Loan Collection
      Account at the termination of this Agreement pursuant to Section 9.01.

            The Servicer shall keep and maintain separate accounting records, on
a loan by loan and property-by-property basis when appropriate, for the purpose
of justifying any withdrawal from the Serviced Whole Loan Collection Account.
All withdrawals with respect to the Serviced Whole Loan shall be made first from
the Serviced Whole Loan Collection Account and then, from the Collection Account
to the extent permitted by Section 3.06(a).

            The Servicer shall pay to the Special Servicer (or to third party
contractors at the direction of such Special Servicer) from the Serviced Whole
Loan Collection Account amounts permitted to be paid to it (or to such third
party contractors) therefrom promptly upon receipt of a certificate of a
Servicing Officer of such Special Servicer describing the item and amount to
which the Special Servicer (or any such third party contractor) is entitled. The
Servicer may rely conclusively on any such certificate and shall have no duty to
re-calculate the amounts stated therein. The Special Servicer shall keep and
maintain separate accounting for each Specially Serviced Loan included in the
Serviced Whole Loan and related REO Loan, on a loan-by-loan and
property-by-property basis, for the purpose of justifying any request for
withdrawal from the Serviced Whole Loan Collection Account.

            Any permitted withdrawals under this Section 3.06(c) with respect to
reimbursement for advances or other amounts payable to a Serviced Companion Loan
Trustee shall, if applicable, also be deemed to be a permitted withdrawal for
similar amounts owed to the fiscal agent of the Serviced Companion Loan Trustee,
if any.

            Notwithstanding anything to the contrary contained herein, with
respect to each Serviced Companion Loan, the Servicer shall withdraw from the
related Serviced Whole Loan Collection Account and remit to the related Serviced
Companion Loan Noteholders, within one Business Day of receipt thereof, any
amounts that represent Late Collections or Principal Prepayments on such
Serviced Companion Loan or any successor REO Loan with respect thereto, that are
received by the Servicer subsequent to 5:00 p.m. (New York City time) on the
related Due Date therefor (exclusive of any portion of such amount payable or
reimbursable to any third party in accordance with the related Co-Lender
Agreement or this Agreement), unless such amount would otherwise be included in
the monthly remittance to the holder of such Serviced Companion Loan for such
month.

            In the event that the Servicer fails, as of 5:00 p.m. (New York City
time) on any Servicer Remittance Date or any other date a remittance is required
to be made, to remit to the Bond Administrator (in respect of the related
Mortgage Loan) or the Serviced Companion Loan Noteholders (in respect of any
related Serviced Companion Loan) any amounts required to be so remitted
hereunder by such date (including any P&I Advance pursuant to Section 4.07 and
any Excess Liquidation Proceeds allocable to the Serviced Companion Loans
pursuant to Section 4.01(e)), the Servicer shall pay to the Bond Administrator
(in respect of the Mortgage Loan) or the Serviced Companion Loan Noteholders (in
respect of the Serviced Companion Loan), for the account of the Bond
Administrator (in respect of the Mortgage Loan) or the Serviced Companion Loan
Noteholders (in respect of the Serviced Companion Loans), interest, calculated
at the Prime Rate, on such amount(s) not timely remitted, from the time such
payment was required to be made (without regard to any grace period) until (but
not including) the date such late payment is received by the Bond Administrator
or the Serviced Companion Loan Noteholders, as applicable.

            (d) On each Servicer Remittance Date, all income and gain realized
from investment of funds to which the Servicer or the Special Servicer is
entitled pursuant to Section 3.07(b), if held in the REO Account shall be
subject to withdrawal by the Servicer or the Special Servicer, as applicable.

            (e) With respect to the Serviced Whole Loan, if amounts required to
pay the expenses allocable to any Serviced Companion Loan exceed amounts on
deposit in the Serviced Whole Loan Collection Account and the Servicer, the
Special Servicer, the Bond Administrator or the Trustee, as applicable, shall
have sought reimbursement from the Trust Fund with respect to such expenses
allocable to such Serviced Companion Loan, as applicable, the Servicer shall
seek (on behalf of the Trust Fund, subject to the related Co-Lender Agreement)
payment or reimbursement for the pro rata portion of such expenses allocable to
such Serviced Companion Loan out of general collections in the collection
account established pursuant to the related Serviced Companion Loan
Securitization Agreement.

            Section 3.07 Investment of Funds in the Collection Account, the
Serviced Whole Loan Collection Account, REO Account, the Lock-Box Accounts, the
Cash Collateral Accounts and the Reserve Accounts. (a) The Servicer (or with
respect to any REO Account, the Special Servicer) may direct any depository
institution maintaining the Collection Account, the Serviced Whole Loan
Collection Account, any Borrower Accounts (as defined below and subject to the
second succeeding sentence) and any REO Account (each, for purposes of this
Section 3.07, an "Investment Account"), to invest the funds in such Investment
Account in one or more Permitted Investments that bear interest or are sold at a
discount, and that mature, unless payable on demand, no later than the Business
Day preceding the date on which such funds are required to be withdrawn from
such Investment Account pursuant to this Agreement. Any investment of funds on
deposit in an Investment Account by the Servicer or the Special Servicer shall
be documented in writing and shall provide evidence that such investment is a
Permitted Investment which matures at or prior to the time required hereby or is
payable on demand. In the case of any Escrow Account, Lock-Box Account, Cash
Collateral Account or Reserve Account (the "Borrower Accounts"), the Servicer
shall act upon the written request of the related Borrower or Manager to the
extent the Servicer is required to do so under the terms of the respective Loan
Documents, provided that in the absence of appropriate written instructions from
the related Borrower or Manager meeting the requirements of this Section 3.07,
the Servicer shall have no obligation to, but will be entitled to, direct the
investment of funds in such accounts in Permitted Investments. All such
Permitted Investments shall be held to maturity, unless payable on demand. Any
investment of funds in an Investment Account shall be made in the name of the
Trustee (in its capacity as such) or in the name of a nominee of the Trustee.
The Trustee shall have sole control (except with respect to investment direction
which shall be in the control of the Servicer or the Special Servicer, with
respect to any REO Accounts, as an independent contractor to the Trust Fund)
over each such investment and any certificate or other instrument evidencing any
such investment shall be delivered directly to the Trustee or its agent (which
shall initially be the Servicer), together with any document of transfer, if
any, necessary to transfer title to such investment to the Trustee or its
nominee. The Trustee shall have no responsibility or liability with respect to
the investment directions of the Servicer, the Special Servicer, any Borrower or
Manager or any losses resulting therefrom, whether from Permitted Investments or
otherwise. The Servicer shall have no responsibility or liability with respect
to the investment directions of the Special Servicer, any Borrower or Manager or
any losses resulting therefrom, whether from Permitted Investments or otherwise.
In the event amounts on deposit in an Investment Account are at any time
invested in a Permitted Investment payable on demand, the Servicer (or the
Special Servicer) shall:

            (x) consistent with any notice required to be given thereunder,
      demand that payment thereon be made on the last day such Permitted
      Investment may otherwise mature hereunder in an amount equal to the lesser
      of (1) all amounts then payable thereunder and (2) the amount required to
      be withdrawn on such date; and

            (y) demand payment of all amounts due thereunder promptly upon
      determination by the Servicer (or the Special Servicer) that such
      Permitted Investment would not constitute a Permitted Investment in
      respect of funds thereafter on deposit in the related Investment Account.

            (b) All income and gain realized from investment of funds deposited
in any Investment Account shall be for the benefit of the Servicer (except with
respect to the investment of funds deposited in (i) any Borrower Account, which
shall be for the benefit of the related Borrower to the extent required under
the Mortgage Loan or applicable law or (ii) any REO Account, which shall be for
the benefit of the Special Servicer) and, if held in the Collection Account, the
Serviced Whole Loan Collection Account or REO Account shall be subject to
withdrawal by the Servicer or the Special Servicer, as applicable, in accordance
with Section 3.06 or Section 3.17(b), as applicable. The Servicer, or with
respect to any REO Account, the Special Servicer, shall deposit from its own
funds into the Collection Account, the Serviced Whole Loan Collection Account or
any REO Account, as applicable, the amount of any loss incurred in respect of
any such Permitted Investment immediately upon realization of such loss;
provided, however, that the Servicer or Special Servicer, as applicable, may
reduce the amount of such payment to the extent it forgoes any investment income
in such Investment Account otherwise payable to it. The Servicer shall also
deposit from its own funds in any Borrower Account immediately upon realization
of such loss the amount of any loss incurred in respect of Permitted
Investments, except to the extent that amounts are invested at the direction of
or for the benefit of the Borrower under the terms of the Mortgage Loan,
Serviced Whole Loan or applicable law.

            (c) Except as otherwise expressly provided in this Agreement, if any
default occurs in the making of a payment due under any Permitted Investment, or
if a default occurs in any other performance required under any Permitted
Investment, the Trustee may, and upon the request of Holders of Certificates
entitled to a majority of the Voting Rights allocated to any Class shall, take
such action as may be appropriate to enforce such payment or performance,
including the institution and prosecution of appropriate proceedings. In the
event the Trustee takes any such action, the Trust Fund requesting such action
shall pay or reimburse the Trustee for all reasonable out-of-pocket expenses,
disbursements and advances incurred or made by the Trustee in connection
therewith. In the event that the Trustee does not take any such action, the
Servicer may take such action at its own cost and expense.

            Section 3.08 Maintenance of Insurance Policies and Errors and
Omissions and Fidelity Coverage.

            (a) In the case of each Mortgage Loan (but excluding any Specially
Serviced Loan, any REO Loan and the Non-Serviced Mortgage Loans), the Servicer
shall use reasonable efforts consistent with the Servicing Standard to cause the
related Borrower to maintain (including identifying the extent to which such
Borrower is maintaining insurance coverage and, if such Borrower does not so
maintain, the Servicer will itself cause to be maintained with Qualified
Insurers) for the related Mortgaged Property (x) except where the Loan Documents
permit a Borrower to rely on self-insurance provided by a tenant, a fire and
casualty extended coverage insurance policy, which does not provide for
reduction due to depreciation, in an amount that is at least equal to the lesser
of (i) the full replacement cost of improvements securing such Mortgage Loan or
(ii) the Stated Principal Balance of such Mortgage Loan or Serviced Whole Loan,
as applicable, but, in any event, in an amount sufficient to avoid the
application of any co-insurance clause and (y) all other insurance coverage
(including, but not limited to, coverage for acts of terrorism) as is required,
subject to applicable law, under the related Loan Documents; provided, however,
that:

            (i) the Servicer shall not be required to maintain any earthquake or
      environmental insurance policy on any Mortgaged Property unless such
      insurance policy was in effect at the time of the origination of the
      related Mortgage Loan or Serviced Whole Loan, as applicable, and is
      available at commercially reasonable rates (and if the Servicer does not
      cause the Borrower to maintain or itself maintain such earthquake or
      environmental insurance policy on any Mortgaged Property, the Special
      Servicer shall have the right, but not the duty, to obtain (in accordance
      with the Servicing Standard), at the Trust's expense, earthquake or
      environmental insurance on any Mortgaged Property securing a Specially
      Serviced Loan or an REO Property so long as such insurance is available at
      commercially reasonable rates);

            (ii) if and to the extent that any Mortgage Loan grants the lender
      thereunder any discretion (by way of consent, approval or otherwise) as to
      the insurance provider from whom the related Borrower is to obtain the
      requisite insurance coverage, the Servicer shall (to the extent consistent
      with the Servicing Standard) require the related Borrower to obtain the
      requisite insurance coverage from Qualified Insurers;

            (iii) the Servicer shall have no obligation beyond using its
      reasonable efforts consistent with the Servicing Standard to cause any
      Borrower to maintain the insurance required to be maintained under the
      Loan Documents; provided, however, that this clause shall not limit the
      Servicer obligation to obtain and maintain a forced-place insurance
      policy, as provided herein;

            (iv) except as provided in clause (vii) below, in no event shall the
      Servicer be required to cause the Borrower to maintain, or itself obtain,
      insurance coverage that the Servicer has determined is either (A) not
      available at any rate or (B) not available at commercially reasonable
      rates and the related hazards are not at the time commonly insured against
      for properties similar to the related Mortgaged Property and located in or
      around the region in which the related Mortgaged Property is located (in
      each case, as determined by the Servicer in accordance with the Servicing
      Standard, not less frequently than annually (but need not be made more
      frequently) at the approximate date on which the Servicer receives notice
      of the renewal, replacement or cancellation of coverage, and such Servicer
      will be entitled to rely on insurance consultants, retained at its own
      expense, in making such determination);

            (v) the reasonable efforts of the Servicer to cause a Borrower to
      maintain insurance shall be conducted in a manner that takes into account
      the insurance that would then be available to the Servicer on a
      force-placed basis;

            (vi) to the extent the Servicer itself is required to maintain
      insurance that the Borrower does not maintain, the Servicer will not be
      required to maintain insurance other than what is available to such
      Servicer on a force-placed basis (and this will not be construed to modify
      the other limits set forth in clause (iv) above); and

            (vii) any explicit terrorism insurance requirements contained in the
      related Loan Documents shall be enforced by the Servicer in accordance
      with the Servicing Standard, unless the Special Servicer has consented to
      a waiver (including a waiver to permit the Servicer to accept insurance
      that does not comply with specific requirements contained in the Loan
      Documents) in writing of that provision in accordance with the Servicing
      Standard.

            Notwithstanding the limitation set forth in clause (iv) above, with
respect to insurance that provides coverage for acts of terrorism, the Servicer
must, prior to availing itself of any limitation described in that clause with
respect to any Mortgage Loan or Serviced Whole Loan, obtain the approval or
disapproval of the Special Servicer (and, in connection therewith, the Special
Servicer will be required to comply with any applicable provisions of Section
3.26 and 3.30). The Servicer will be entitled to rely on the determination of
the Special Servicer made in connection with such approval or disapproval. The
Special Servicer shall decide whether to withhold or grant such approval in
accordance with the Servicing Standard. If any such approval has not been
expressly denied within 10 Business Days of the Special Servicer's receipt from
the Servicer of such Servicer's determination and analysis and all information
reasonably requested by the Special Servicer and reasonably available to the
Servicer in order to make an informed decision, such approval shall be deemed to
have been granted.

            The Servicer shall notify the Special Servicer, the Trustee and the
Directing Certificateholder if the Servicer determines in accordance with the
Servicing Standard that a Borrower has failed to maintain insurance required
under the Loan Documents and such failure materially and adversely affects the
interests of the Certificateholders or if the Borrower has notified the Servicer
in writing that the Borrower does not intend to maintain such insurance and the
Servicer has determined in accordance with the Servicing Standard that such
failure materially and adversely affects the interests of the
Certificateholders.

            Subject to Section 3.17(a), with respect to each Specially Serviced
Loan and REO Property (other than the Non-Serviced Mortgage Loans and any
related REO Property), the Special Servicer shall use reasonable efforts,
consistent with the Servicing Standard, to maintain (and, in the case of
Specially Serviced Loans, the Special Servicer shall itself maintain, subject to
the right of the Special Servicer to (i) direct the Servicer to make a Property
Advance for the costs associated with coverage that the Special Servicer
determines to maintain, in which case the Servicer shall make such Property
Advance, or (ii) direct the Servicer to cause such coverage to be maintained
under the Servicer's force-placed insurance policy, in which case the Servicer
shall so cause such coverage to be maintained thereunder to the extent that the
identified coverage is available under the Servicer's existing force-placed
policy) with Qualified Insurers, (a) a fire and casualty extended coverage
insurance policy, which does not provide for reduction due to depreciation, in
an amount that is at least equal to the lesser of the full replacement value of
the Mortgaged Property or the Stated Principal Balance of the Mortgage Loan or
the Serviced Whole Loan, as applicable (or such greater amount of coverage
required by the related Loan Documents (unless such amount is not available)),
but, in any event, in an amount sufficient to avoid the application of any
co-insurance clause, (b) a comprehensive general liability insurance policy with
coverage comparable to that which would be required under prudent lending
requirements and in an amount not less than $1.0 million per occurrence, and (c)
to the extent consistent with the Servicing Standard, a business interruption or
rental loss insurance covering revenues or rents for a period of at least 12
months; provided, however, that the Special Servicer shall not be required in
any event to maintain or obtain (or direct the Servicer to maintain or obtain)
insurance coverage described in this paragraph beyond what is reasonably
available at a cost customarily acceptable and consistent with the Servicing
Standard.

            All such insurance policies maintained as described above shall
contain (if they insure against loss to property) a "standard" mortgagee clause,
with loss payable to the Servicer on behalf of the Trustee (in the case of
insurance maintained in respect of a Mortgage Loan or the Serviced Whole Loan),
or shall name the Trustee as the insured, with loss payable to the Special
Servicer on behalf of the Trustee (in the case of insurance maintained in
respect of an REO Property). Any amounts collected by the Servicer or Special
Servicer under any such policies (other than amounts to be applied to the
restoration or repair of the related Mortgaged Property or REO Property or
amounts to be released to the related Borrower, in each case in accordance with
the Servicing Standard) shall be deposited in the Collection Account of the
Servicer (or, in the case of the Serviced Whole Loan, in the Serviced Whole Loan
Collection Account), subject to withdrawal pursuant to Section 3.06, in the case
of amounts received in respect of a Mortgage Loan or the Serviced Whole Loan, or
in the applicable REO Account of the Special Servicer, subject to withdrawal
pursuant to Section 3.17, in the case of amounts received in respect of an REO
Property. Any cost incurred by the Servicer or the Special Servicer in
maintaining any such insurance shall not, for purposes hereof, including
calculating monthly distributions to Certificateholders or Serviced Companion
Loan Noteholders, be added to the Stated Principal Balance of the related
Mortgage Loan or the Serviced Whole Loan, notwithstanding that the terms of such
Mortgage Loan or Serviced Whole Loan so permit; provided, however, that this
sentence shall not limit the rights of the Servicer on behalf of the Trust Fund
to enforce any obligations of the related Borrower under such Mortgage Loan or
Serviced Whole Loan. Any costs incurred by the Servicer in maintaining any such
insurance policies in respect of the Mortgage Loans (other than REO Properties)
(i) if the Borrower defaults on its obligation to do so, shall be advanced by
the Servicer as a Property Advance and will be charged to the related Borrower
and (ii) shall not, for purposes of calculating monthly distributions to
Certificateholders, be added to the Stated Principal Balance of the related
Mortgage Loan, notwithstanding that the terms of such Mortgage Loan so permit.
Any cost incurred by the Special Servicer in maintaining any such Insurance
Policies with respect to REO Properties shall be an expense of the Trust Fund
(and in the case of the Serviced Whole Loan, the Serviced Companion Loan
Noteholders on a pro rata basis based on the Mortgage Loan's or Serviced
Companion Loan's, as applicable, Stated Principal Balance) payable out of the
related REO Account (or Serviced Whole Loan REO Account, as applicable) or, if
the amount on deposit therein is insufficient therefor, advanced by the Servicer
as a Property Advance.

            (b) If either (x) the Servicer or Special Servicer obtains and
maintains, or cause to be obtained and maintained, a blanket policy or master
force-placed policy insuring against hazard losses on all of the Mortgage Loans,
Serviced Whole Loan or REO Properties (other than the Non-Serviced Mortgage
Loans or related REO Properties), as applicable, as to which it is the Servicer
or Special Servicer, as the case may be, then, to the extent such policy (i) is
obtained from a Qualified Insurer, and (ii) provides protection equivalent to
the individual policies otherwise required or (y) the Servicer or Special
Servicer, as applicable, has long-term unsecured debt obligations that are rated
not lower than "A" by each of S&P, Fitch and DBRS or, if not rated by DBRS, an
equivalent rating such as those listed above by two nationally-recognized
statistical rating organizations, and the Servicer or Special Servicer
self-insures for its obligation to maintain the individual policies otherwise
required, then the Servicer or Special Servicer, as the case may be, shall
conclusively be deemed to have satisfied its obligation to cause hazard
insurance to be maintained on the related Mortgaged Properties or REO
Properties, as applicable. Such a blanket or master force-placed policy may
contain a deductible clause (not in excess of a customary amount), in which case
the Servicer or Special Servicer, as the case may be, that maintains such policy
shall, if there shall not have been maintained on any Mortgaged Property or REO
Property thereunder a hazard insurance policy complying with the requirements of
Section 3.08(a), and there shall have been one or more losses that would have
been covered by such an individual policy, promptly deposit into the Collection
Account (or, in the case of the Serviced Whole Loan, in the Serviced Whole Loan
Collection Account), from its own funds, the amount not otherwise payable under
the blanket or master force-placed policy in connection with such loss or losses
because of such deductible clause to the extent that any such deductible exceeds
the deductible limitation that pertained to the related Mortgage Loan or
Serviced Whole Loan, as applicable (or, in the absence of any such deductible
limitation, the deductible limitation for an individual policy which is
consistent with the Servicing Standard). Each of the Servicer and Special
Servicer shall prepare and present, on behalf of itself, the Trustee and
Certificateholders, claims under any such blanket or master force-placed policy
maintained by it in a timely fashion in accordance with the terms of such
policy.

            (c) With respect to each Mortgage Loan (other than any Specially
Serviced Loan and any Non-Serviced Mortgage Loan) or Serviced Whole Loan, as
applicable, that is subject to an Environmental Insurance Policy, if the
Servicer has actual knowledge of any event giving rise to a claim under an
Environmental Insurance Policy, the Servicer shall notify the Special Servicer
to such effect and the Servicer shall take reasonable actions as are in
accordance with the Servicing Standard and the terms and conditions of such
Environmental Insurance Policy to make a claim thereunder and achieve the
payment of all amounts to which the Trust is entitled thereunder. With respect
to each Specially Serviced Loan and REO Property that is subject to an
Environmental Insurance Policy, if the Special Servicer has actual knowledge of
any event giving rise to a claim under an Environmental Insurance Policy, such
Special Servicer shall take reasonable actions as are in accordance with the
Servicing Standard and the terms and conditions of such Environmental Insurance
Policy to make a claim thereunder and achieve the payment of all amounts to
which the Trust is entitled thereunder. Any legal fees or other out-of-pocket
costs incurred in accordance with the Servicing Standard in connection with any
claim under an Environmental Insurance Policy described above (whether by the
Servicer or Special Servicer) shall be paid by, and reimbursable to, the
Servicer as a Property Advance.

            (d) Each of the Servicer and Special Servicer shall at all times
during the term of this Agreement (or, in the case of the Special Servicer, at
all times during the term of this Agreement during which Specially Serviced
Loans and/or REO Properties as to which it is the Special Servicer exist as part
of the Trust Fund) keep in force with a Qualified Insurer, a fidelity bond in
such form and amount as are consistent with the Servicing Standard. The Servicer
or Special Servicer shall be deemed to have complied with the foregoing
provision if an Affiliate thereof has such fidelity bond coverage and, by the
terms of such fidelity bond, the coverage afforded thereunder extends to the
Servicer or Special Servicer, as the case may be. Such fidelity bond shall
provide that it may not be canceled without ten days' prior written notice to
the Trustee. So long as the long-term unsecured debt obligations of the Servicer
or the Special Servicer, as applicable, are rated not lower than "A" by each of
S&P, Fitch and DBRS or, if not rated by DBRS, an equivalent rating such as those
listed above by two nationally-recognized statistical rating organizations, the
Servicer or the Special Servicer, as applicable, may self-insure with respect to
the fidelity bond coverage required as described above, in which case it shall
not be required to maintain an insurance policy with respect to such coverage.

            Each of the Servicer and Special Servicer shall at all times during
the term of this Agreement (or, in the case of the Special Servicer, at all
times during the term of this Agreement during which Specially Serviced Loans
and/or REO Properties exist as part of the Trust Fund) also keep in force with a
Qualified Insurer a policy or policies of insurance covering loss occasioned by
the errors and omissions of its officers and employees in connection with its
servicing obligations hereunder, which policy or policies shall be in such form
and amount as are consistent with the Servicing Standard. The Servicer or
Special Servicer shall be deemed to have complied with the foregoing provisions
if an Affiliate thereof has such insurance and, by the terms of such policy or
policies, the coverage afforded thereunder extends to the Servicer or Special
Servicer, as the case may be. Any such errors and omissions policy shall provide
that it may not be canceled without ten days' prior written notice to the
Trustee. So long as the long-term unsecured debt obligations of the Servicer or
the Special Servicer, as applicable, are rated not lower than "A" by S&P, "A" by
Fitch and "BBB" by DBRS or, if not rated by DBRS, an equivalent rating such as
those listed above by two nationally-recognized statistical rating
organizations, the Servicer or the Special Servicer, as applicable, may
self-insure with respect to the errors and omissions coverage required as
described above, in which case it shall not be required to maintain an insurance
policy with respect to such coverage.

            Section 3.09 Enforcement of Due-On-Sale Clauses; Assumption
Agreements; Defeasance Provisions. (a) If any Mortgage Loan (other than a
Non-Serviced Mortgage Loan) or Serviced Whole Loan contains a provision in the
nature of a "due-on-sale" clause, which by its terms:

            (i) provides that such Mortgage Loan will (or may at the mortgagee's
      option) become due and payable upon the sale or other transfer of an
      interest in the related Mortgaged Property, or

            (ii) provides that such Mortgage Loan may not be assumed without the
      consent of the related mortgagee in connection with any such sale or other
      transfer,

then, for so long as such Mortgage Loan is included in the Trust Fund, the
Servicer or the Special Servicer, as applicable, on behalf of the Trust Fund
shall not be required to enforce any such due-on-sale clauses and in connection
therewith shall not be required to (x) accelerate payments thereon or (y)
withhold its consent to such an assumption if (1) such provision is not
exercisable under applicable law or the enforcement of such provision is
reasonably likely to result in meritorious legal action by the Borrower or (2)
the Servicer or the Special Servicer, as applicable, determines, in accordance
with the Servicing Standard, that granting such consent would be likely to
result in a greater recovery, on a present value basis (discounting at the
related Mortgage Rate), than would enforcement of such clause. If the Servicer
or the Special Servicer, as applicable, determines that (i) granting such
consent would be likely to result in a greater recovery, or (ii) such provision
is not legally enforceable, the Servicer or the Special Servicer, as applicable,
is authorized to take or enter into an assumption agreement from or with the
Person to whom the related Mortgaged Property has been or is about to be
conveyed, and to release the original Borrower from liability upon the Mortgage
Loan and substitute the new Borrower as obligor thereon, provided, that (a) the
credit status of the prospective new Borrower is in compliance with the
Servicer's or Special Servicer's, as applicable, regular commercial mortgage
origination or Servicing Standard and criteria and the terms of the related
Mortgage and (b) the Servicer or, with respect to a Specially Serviced Loan, the
Special Servicer, has received written confirmation that such assumption or
substitution would not, in and of itself, cause a downgrade, qualification or
withdrawal of the then-current ratings assigned to the Certificates or any
Serviced Companion Loan Securities, if applicable, from (i) S&P with respect to
Mortgage Loans that (A) represent more than 5% of the then-current aggregate
Stated Principal Balance of the Mortgage Loans (taking into account for the
purposes of this calculation, in the case of any such Mortgage Loan with respect
to which the related Borrower or its Affiliate is a Borrower with respect to one
or more other Mortgage Loans, such other Mortgage Loans), (B) have a Stated
Principal Balance that is more than $35,000,000 or (C) are among the ten largest
Mortgage Loans in the Trust Fund (based on Stated Principal Balance), or (ii)
Fitch and DBRS with respect to any Mortgage Loan (together with any Mortgage
Loans cross-collateralized with such Mortgage Loan) that represents one of the
ten largest Mortgage Loans in the Trust Fund (based on Stated Principal
Balance). In connection with each such assumption or substitution entered into
by the Special Servicer, the Special Servicer shall give prior notice thereof to
the Servicer. The Servicer or the Special Servicer, as applicable, shall notify
the Trustee, the Bond Administrator and the Controlling Holder that any such
assumption or substitution agreement has been completed by forwarding to the
Custodian and the Bond Administrator (with a copy to the Servicer, if
applicable, and the Controlling Holder) the original copy of such agreement,
which copies shall be added to the related Mortgage File and shall, for all
purposes, be considered a part of such Mortgage File to the same extent as all
other documents and instruments constituting a part thereof. The Servicer or the
Special Servicer may not approve an assumption or substitution without requiring
the related Borrower to pay any fees owed to the Rating Agencies associated with
the approval of such assumption or substitution unless the related Loan
Documents expressly prohibit the Servicer or Special Servicer from requiring
such payment (in which case such fees shall be an expense of the Trust Fund and,
in the case of the Serviced Whole Loan, the Serviced Companion Loan Noteholders
on a pro rata basis based on the Mortgage Loan's or Serviced Companion Loan's,
as applicable, Stated Principal Balance). The Special Servicer shall have the
right to consent to any assumption of a Mortgage Loan or the Serviced Whole
Loan; provided that the Special Servicer shall obtain the consent of the
Directing Certificateholder to any such assumption of a Mortgage Loan, to the
extent described in Section 3.30 hereof or, with respect to the Tysons Corner
Center Whole Loan, the Directing Certificateholder and the Serviced Companion
Loan Noteholders, as described in Section 3.31.

            (b) If any Mortgage Loan (other than a Non-Serviced Mortgage Loan)
contains a provision in the nature of a "due-on-encumbrance" clause, which by
its terms:

            (i) provides that such Mortgage Loan shall (or may at the
      mortgagee's option) become due and payable upon the creation of any lien
      or other encumbrance on the related Mortgaged Property, or

            (ii) requires the consent of the related mortgagee to the creation
      of any such lien or other encumbrance on the related Mortgaged Property,

then the Servicer or Special Servicer, as applicable, on behalf of the Trust
Fund shall not be required to enforce such due-on-encumbrance clauses and in
connection therewith will not be required to (i) accelerate the payments on the
related Mortgage Loan or (ii) withhold its consent to such lien or encumbrance,
if the Servicer or the Special Servicer, as applicable, (x) determines, in
accordance with the Servicing Standard, that such enforcement would not be in
the best interests of the Trust Fund and (y) as to any Mortgage Loan, receives
prior written confirmation from S&P, Fitch and DBRS that granting such consent
would not, in and of itself, cause a downgrade, qualification or withdrawal of
any of the then-current ratings assigned to the Certificates or Serviced
Companion Loan Securities, if applicable; provided, that in the case of S&P,
such confirmation shall only be required with respect to any Mortgage Loan that
(1) represents 2% or more of the Stated Principal Balance of all of the Mortgage
Loans held by the Trust Fund, (2) has a Stated Principal Balance greater than
$20 million, (3) is one of the ten largest Mortgage Loans based on Stated
Principal Balance, (4) has a loan-to-value ratio (which includes additional debt
of the related Borrower, if any) that is greater than or equal to 85% or (5) has
a Debt Service Coverage Ratio (which includes additional debt of the related
Borrower, if any) that is less than 1.20x or, in the case of Fitch and DBRS,
such confirmation shall only be required with respect to any Mortgage Loan which
(together with any Mortgage Loans cross-collateralized with such Mortgage Loans)
represents one of the ten largest Mortgage Loans in the Trust Fund (based on
Stated Principal Balance). The Special Servicer shall have the right to consent
to any waiver of a due-on-encumbrance clause with respect to any Mortgage Loan
or Serviced Whole Loan; provided that the Special Servicer shall obtain the
consent of the Directing Certificateholder to any such waiver of a
due-on-encumbrance clause, to the extent described in Section 3.30 hereof or,
with respect to the Tysons Corner Center Whole Loan, the Directing
Certificateholder and the Serviced Companion Loan Noteholders, as described in
Section 3.31.

            (c) Nothing in this Section 3.09 shall constitute a waiver of the
Trustee's right, as the mortgagee of record, to receive notice of any assumption
of a Mortgage Loan, any sale or other transfer of the related Mortgaged Property
or the creation of any lien or other encumbrance with respect to such Mortgaged
Property.

            (d) In connection with the taking of, or the failure to take, any
action pursuant to this Section 3.09, neither the Servicer nor the Special
Servicer shall agree to modify, waive or amend, and no assumption or
substitution agreement entered into pursuant to Section 3.09(a) shall contain
any terms that are different from, any term of any Mortgage Loan or Serviced
Whole Loan or the related Note, other than pursuant to Section 3.30 hereof.

            (e) With respect to any Mortgage Loan (other than a Non-Serviced
Mortgage Loan) which permits release of Mortgaged Properties through defeasance:

            (i) If such Mortgage Loan requires that the Servicer on behalf of
      the Trustee purchase the required government securities, then the Servicer
      shall purchase such obligations in accordance with the terms of such
      Mortgage Loan; provided, that the Servicer shall not accept the amounts
      paid by the related Borrower to effect defeasance until acceptable
      government securities have been identified.

            (ii) If such Mortgage Loan permits the assumption of the obligations
      of the related Borrower by a successor Borrower, then prior to permitting
      such assumption and to the extent not inconsistent with such Mortgage
      Loan, the Servicer shall obtain written confirmation from each Rating
      Agency that such assumption would not, in and of itself, cause a
      downgrade, qualification or withdrawal of the then-current ratings
      assigned to the Certificates or Serviced Companion Loan Securities, if
      applicable; provided, however, that (A) the Servicer shall not be required
      to obtain such written confirmation from Fitch and DBRS unless such
      Mortgage Loan (together with any Mortgage Loans cross-collateralized with
      such Mortgage Loan) at the time of such defeasance is (x) one of the ten
      largest Mortgage Loans by Stated Principal Balance, (y) a Mortgage Loan
      with a Stated Principal Balance greater than $20,000,000 or (z) a Mortgage
      Loan that represents 5% or more of the Stated Principal Balance of all
      Mortgage Loans and (B) the Servicer shall not be required to obtain such
      written confirmation from S&P with respect to any Mortgage Loan that has a
      Stated Principal Balance that is equal to or less than $20,000,000 or 5%
      of the aggregate Stated Principal Balance of all of the Mortgage Loans
      (whichever is less), so long as such Mortgage Loan is not one of the ten
      largest Mortgage Loans by Stated Principal Balance, if the Servicer
      delivers to the Trustee, the Bond Administrator and S&P a letter or a
      certificate in the form of Exhibit U attached hereto.

            (iii) To the extent not inconsistent with such Mortgage Loan, the
      Servicer shall require the related Borrower to provide an Opinion of
      Counsel (which shall be an expense of the related Borrower) to the effect
      that the Trustee has a first priority perfected security interest in the
      defeasance collateral (including the government securities) and the
      assignment of the defeasance collateral is valid and enforceable; such
      opinion, together with any other certificates or documents to be required
      in connection with such defeasance shall be in form and substance
      acceptable to each Rating Agency.

            (iv) To the extent not inconsistent with such Mortgage Loan, the
      Servicer shall require a certificate at the related Borrower's expense
      from an Independent certified public accountant certifying to the effect
      that the government securities will provide cash flows sufficient to meet
      all payments of interest and principal (including payments at maturity) on
      such Mortgage Loan in compliance with the requirements of the terms of the
      related Loan Documents.

            (v) Prior to permitting the release of any Mortgaged Properties to
      the extent not inconsistent with the related Mortgage Loan, the Servicer
      shall obtain, at the related Borrower's expense, written confirmation from
      each Rating Agency that such release would not, in and of itself, result
      in a downgrade, qualification or withdrawal of the then-current ratings
      assigned to the Certificates or Serviced Companion Loan Securities;
      provided, however, that (A) the Servicer shall not be required to obtain
      such written confirmation from Fitch and DBRS unless such Mortgage Loan
      (together with any Mortgage Loans cross-collateralized with such Mortgage
      Loan) at the time of such defeasance is (x) one of the ten largest
      Mortgage Loans by Stated Principal Balance, (y) a Mortgage Loan with a
      Stated Principal Balance greater than $20,000,000 or (z) a Mortgage Loan
      that represents 5% or more of the Stated Principal Balance of all Mortgage
      Loans and (B) the Servicer shall not be required to obtain such written
      confirmation from S&P with respect to any Mortgage Loan that has a Stated
      Principal Balance that is equal to or less than $20,000,000 or 5% of the
      aggregate Stated Principal Balance of all of the Mortgage Loans (whichever
      is less), so long as such Mortgage Loan is not one of the ten largest
      Mortgage Loans by Stated Principal Balance, if the Servicer delivers to
      the Trustee, the Bond Administrator and S&P a letter or a certificate in
      the form of Exhibit U attached hereto.

            (vi) Prior to permitting release of any Mortgaged Property, if the
      related Mortgage Loan so requires or permits, and provides for the related
      Borrower to pay the cost thereof, the Servicer shall require an Opinion of
      Counsel of the related Borrower to the effect that such release will not
      cause any of the Upper-Tier REMIC, the Lower-Tier REMIC or the Loan REMIC
      to fail to qualify as a REMIC at any time that any Certificates are
      outstanding, cause a tax to be imposed on the Trust Fund under the REMIC
      Provisions or cause the Grantor Trust to fail to qualify as a grantor
      trust under subpart E, Part I of subchapter J of the Code for federal
      income tax purposes.

            (vii) No defeasance shall occur prior to the second anniversary of
      the Startup Day of the Lower-Tier REMIC or the Loan REMIC, as applicable.

            (viii)The Bond Administrator shall at the expense of the related
      Borrower (to the extent permitted by the related Loan Documents) hold the
      U.S. government obligations as pledgee for the benefit of the
      Certificateholders and, if applicable, the Serviced Companion Loan
      Noteholders, and apply payments of principal and interest received on the
      government obligations to the Collection Account in respect of the
      defeased Mortgage Loan according to the payment schedule existing
      immediately prior to the defeasance.

            (ix) The Servicer shall, in accordance with the Servicing Standard,
      enforce provisions in the Mortgage Loans (other than the Non-Serviced
      Mortgage Loans) requiring Borrowers to pay all reasonable expenses
      associated with a defeasance.

            (x) To the extent not inconsistent with such Mortgage Loan, or to
      the extent the related Loan Documents provide the lender with discretion,
      the Servicer shall require the Borrower to establish a single purpose
      entity to act as a successor borrower.

            Section 3.10 Appraisals; Realization Upon Defaulted Mortgage Loans.
(a) Other than with respect to the Non-Serviced Mortgage Loans,
contemporaneously with the earliest of (i) the effective date of any (A)
modification of the Maturity Date, a Mortgage Rate, principal balance or
amortization terms of any Mortgage Loan or the Serviced Whole Loan or any other
term of a Mortgage Loan or the Serviced Whole Loan, (B) extension of the
Maturity Date of a Mortgage Loan or the Serviced Whole Loan as described below
in Section 3.30, or (C) consent to the release of any Mortgaged Property from
the lien of the related Mortgage other than pursuant to the terms of the related
Mortgage Loan or Serviced Whole Loan, (ii) the occurrence of any Appraisal
Reduction Event, (iii) a default in the payment of a Balloon Payment for which
an extension is not granted pursuant to Section 3.26(g), or (iv) the date on
which the Special Servicer, consistent with the Servicing Standard, orders an
Updated Valuation, the Special Servicer shall obtain an Updated Valuation (or a
letter update for an existing appraisal which is less than two years old), the
cost of which shall constitute a Property Advance; provided, however, that the
Special Servicer shall not be required to obtain an Updated Valuation pursuant
to clauses (i) through (iv) above with respect to any Mortgaged Property for
which there exists an appraisal or Small Loan Appraisal Estimate which is less
than twelve months old. For so long as such Mortgage Loan or Serviced Whole Loan
is a Specially Serviced Loan, the Special Servicer shall obtain letter updates
to each Updated Valuation annually and prior to the Special Servicer granting
extensions beyond one year or any subsequent extension after granting a one year
extension with respect to the same Mortgage Loan or Serviced Whole Loan. For so
long as any Mortgage Loan (other than a Non-Serviced Mortgage Loan) is included
in the Trust Fund, the Special Servicer shall obtain a new Updated Valuation
with respect to an Updated Valuation which is more than two years old. The
Special Servicer shall send all such letter updates and Updated Valuations to
the Servicer and the Rating Agencies and the Directing Certificateholder.

            (b) The Special Servicer shall monitor each Specially Serviced Loan,
evaluate whether the causes of the default can be corrected over a reasonable
period without significant impairment of the value of the related Mortgaged
Property, initiate corrective action in cooperation with the Borrower if, in the
Special Servicer's judgment, cure is likely, and take such other actions
(including without limitation, negotiating and accepting a discounted payoff of
a Mortgage Loan or the Serviced Whole Loan) as are consistent with the Servicing
Standard. If, in the Special Servicer's judgment, such corrective action has
been unsuccessful, no satisfactory arrangement can be made for collection of
delinquent payments, and the Specially Serviced Loan has not been released from
the Trust Fund pursuant to any provision hereof, and except as otherwise
specifically provided in Sections 3.09(a) and 3.09(b), the Special Servicer may,
to the extent consistent with the Asset Status Report and with the Servicing
Standard, accelerate such Specially Serviced Loan and commence a foreclosure or
other acquisition with respect to the related Mortgaged Property or Properties,
provided, that the Special Servicer determines that such acceleration and
foreclosure are more likely to produce a greater recovery to Certificateholders
and, if applicable, Serviced Companion Loan Noteholders on a present value basis
(discounting at the related Mortgage Rate) than would a waiver of such default
or an extension or modification in accordance with the provisions of Section
3.30 hereof. Subject to Section 3.24(b), the Special Servicer shall pay the
costs and expenses in any such proceedings as a Property Advance unless the
Special Servicer determines, in its good faith judgment, that such Property
Advance would constitute a Nonrecoverable Advance. The Trustee shall be entitled
to conclusively rely upon any determination of the Servicer that a Property
Advance, if made, would constitute a Nonrecoverable Advance. If the Servicer
does not make such Property Advance in violation of the second preceding
sentence, the Trustee shall make such Property Advance, unless the Trustee
determines that such Property Advance would be a Nonrecoverable Advance. The
Servicer and the Trustee, as applicable, shall be entitled to reimbursement of
Property Advances (with interest at the Advance Rate) made pursuant to this
paragraph to the extent permitted by Section 3.06(b)(iv), Section 3.06(b)(v),
Section 3.06(c)(iv) and Section 3.06(c)(v).

            (c) If the Special Servicer elects to proceed with a non-judicial
foreclosure in accordance with the laws of the state where the Mortgaged
Property is located, the Special Servicer shall not be required to pursue a
deficiency judgment against the related Borrower or any other liable party if
the laws of the state do not permit such a deficiency judgment after a
non-judicial foreclosure or if the Special Servicer determines, in its best
judgment, that the likely recovery if a deficiency judgment is obtained will not
be sufficient to warrant the cost, time, expense and/or exposure of pursuing the
deficiency judgment and such determination is evidenced by an Officers'
Certificate delivered to the Bond Administrator and the Trustee.

            (d) In the event that title to any Mortgaged Property is acquired in
foreclosure or by deed in lieu of foreclosure, the deed or certificate of sale
shall be issued to the Trustee, or to its nominee (which shall not include the
Special Servicer) or a separate Trustee or co-Trustee on behalf of the Trustee
as holder of the Lower-Tier Regular Interests, the Loan REMIC Residual Interest,
the Loan REMIC Regular Interest and the Certificateholders and, if applicable,
the Serviced Companion Loan Noteholders. Notwithstanding any such acquisition of
title and cancellation of the related Mortgage Loan or Serviced Companion Loan,
as applicable, such Mortgage Loan or Serviced Companion Loan, as applicable,
shall (except for purposes of Section 9.01) be considered to be an REO Loan
until such time as the related REO Property shall be sold by the Trust Fund and
shall be reduced only by collections net of expenses. Consistent with the
foregoing, for purposes of all calculations hereunder, so long as such Mortgage
Loan or Serviced Companion Loan, as applicable, shall be considered to be an
outstanding Mortgage Loan or Serviced Companion Loan, as applicable,:

            (i) it shall be assumed that, notwithstanding that the indebtedness
      evidenced by the related Note shall have been discharged, such Note and,
      for purposes of determining the Stated Principal Balance thereof, the
      related amortization schedule in effect at the time of any such
      acquisition of title shall remain in effect; and

            (ii) subject to Section 1.02(b), Net REO Proceeds received in any
      month shall be applied to amounts that would have been payable under the
      related Note(s) in accordance with the terms of such Note(s). In the
      absence of such terms, Net REO Proceeds shall be deemed to have been
      received first, in payment of the accrued interest that remained unpaid on
      the date that the related REO Property was acquired by the Trust Fund;
      second, in respect of the delinquent principal installments that remained
      unpaid on such date; and thereafter, Net REO Proceeds received in any
      month shall be applied to the payment of installments of principal and
      accrued interest on such Mortgage Loan or Serviced Companion Loan, as
      applicable, deemed to be due and payable in accordance with the terms of
      such Note(s) and such amortization schedule until such principal has been
      paid in full and then to other amounts due under such Mortgage Loan or
      Serviced Companion Loan, as applicable. If such Net REO Proceeds exceed
      the Monthly Payment then payable, the excess shall be treated as a
      Principal Prepayment received in respect of such Mortgage Loan or Serviced
      Companion Loan, as applicable.

            (e) Notwithstanding any provision herein to the contrary, the
Special Servicer shall not acquire for the benefit of the Trust Fund any
personal property pursuant to this Section 3.10 unless either:

            (i) such personal property is incident to real property (within the
      meaning of Section 856(e)(l) of the Code) so acquired by the Special
      Servicer for the benefit of the Trust Fund; or

            (ii) the Special Servicer shall have requested and received an
      Opinion of Counsel (which opinion shall be an expense of the Lower-Tier
      REMIC or the Loan REMIC, as applicable) to the effect that the holding of
      such personal property by the Lower-Tier REMIC or the Loan REMIC will not
      cause the imposition of a tax on the Loan REMIC, the Lower-Tier REMIC or
      the Upper-Tier REMIC under the REMIC Provisions or cause the Loan REMIC,
      the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC
      at any time that any Certificate is outstanding.

            (f) Notwithstanding any provision to the contrary in this Agreement,
the Special Servicer shall not, on behalf of the Trust Fund, obtain title to any
direct or indirect partnership interest or other equity interest in any Borrower
pledged pursuant to any pledge agreement unless the Special Servicer shall have
requested and received an Opinion of Counsel (which opinion shall be an expense
of the Trust Fund and, in the case of the Serviced Whole Loan, the Serviced
Companion Loan Noteholders on a pro rata basis based on the Mortgage Loan's or
Serviced Companion Loan's, as applicable, Stated Principal Balance) to the
effect that the holding of such partnership interest or other equity interest by
the Trust Fund will not cause the imposition of a tax on the Loan REMIC, the
Lower-Tier REMIC or the Upper-Tier REMIC under the REMIC Provisions or cause any
of the Loan REMIC, the Lower-Tier REMIC or the Upper-Tier REMIC to fail to
qualify as a REMIC at any time that any Certificate is outstanding.

            (g) Notwithstanding any provision to the contrary contained in this
Agreement, the Special Servicer shall not, on behalf of the Trust Fund, obtain
title to a Mortgaged Property as a result of or in lieu of foreclosure or
otherwise, obtain title to any direct or indirect partnership interest in any
Borrower pledged pursuant to a pledge agreement and thereby be the beneficial
owner of a Mortgaged Property, have a receiver of rents appointed with respect
to, and shall not otherwise acquire possession of, or take any other action with
respect to, any Mortgaged Property if, as a result of any such action, the
Trustee, for the Trust Fund, the Certificateholders, would be considered to hold
title to, to be a "mortgagee-in-possession" of, or to be an "owner" or
"operator" of such Mortgaged Property within the meaning of the Comprehensive
Environmental Response, Compensation and Liability Act of 1980, as amended from
time to time, or any comparable law, unless the Special Servicer has previously
determined in accordance with the Servicing Standard, based on an updated
environmental assessment report prepared by an Independent Person who regularly
conducts environmental audits, that:

            (i) such Mortgaged Property is in compliance with applicable
      environmental laws or, if not, after consultation with an environmental
      consultant, that it would be in the best economic interest of the Trust
      Fund to take such actions as are necessary to bring such Mortgaged
      Property in compliance therewith, and

            (ii) there are no circumstances present at such Mortgaged Property
      relating to the use, management or disposal of any Hazardous Materials for
      which investigation, testing, monitoring, containment, clean-up or
      remediation could be required under any currently effective federal, state
      or local law or regulation, or that, if any such Hazardous Materials are
      present for which such action could be required, after consultation with
      an environmental consultant, it would be in the best economic interest of
      the Trust Fund to take such actions with respect to the affected Mortgaged
      Property.

            In the event that the environmental assessment first obtained by the
Special Servicer with respect to a Mortgaged Property indicates that such
Mortgaged Property may not be in compliance with applicable environmental laws
or that Hazardous Materials may be present but does not definitively establish
such fact, the Special Servicer shall cause such further environmental tests to
be conducted by an Independent Person who regularly conducts such tests as the
Special Servicer shall deem prudent to protect the interests of
Certificateholders and, if applicable, the Serviced Companion Loan Noteholders.
Any such tests shall be deemed part of the environmental assessment obtained by
the Special Servicer for purposes of this Section 3.10.

            (h) The environmental assessment contemplated by Section 3.10(g)
shall be prepared within three months (or as soon thereafter as practicable) of
the determination that such assessment is required by any Independent Person who
regularly conducts environmental audits for purchasers of commercial property
where the Mortgaged Property is located, as determined by the Special Servicer
in a manner consistent with the Servicing Standard. Upon the written direction
of the Special Servicer and delivery by the Special Servicer to the Servicer of
pertinent back-up information the Servicer shall advance the cost of preparation
of such environmental assessments as a Property Advance unless the Servicer
determines, in its good faith judgment, that such Property Advance would be a
Nonrecoverable Advance. The Servicer shall be entitled to reimbursement of
Property Advances (with interest at the Advance Rate) made pursuant to the
preceding sentence to the extent permitted by Section 3.06(d).

            (i) If the Special Servicer determines pursuant to Section
3.10(g)(i) that a Mortgaged Property is not in compliance with applicable
environmental laws but that it is in the best economic interest of the Trust
Fund (and with respect to the Serviced Whole Loan, the Serviced Companion Loan
Noteholders) to take such actions as are necessary to bring such Mortgaged
Property in compliance therewith, or if the Special Servicer determines pursuant
to Section 3.10(g)(ii) that the circumstances referred to therein relating to
Hazardous Materials are present but that it is in the best economic interest of
the Trust Fund (and with respect to the Serviced Whole Loan, the Serviced
Companion Loan Noteholders) to take such action with respect to the containment,
clean-up or remediation of Hazardous Materials affecting such Mortgaged Property
as is required by law or regulation, the Special Servicer shall take such action
as it deems to be in the best economic interest of the Trust Fund (and with
respect to the Serviced Whole Loan, the Serviced Companion Loan Noteholders),
but only if the Bond Administrator has mailed notice to the Holders of the
Regular Certificates of such proposed action, which notice shall be prepared by
the Special Servicer, and only if the Bond Administrator does not receive,
within 30 days of such notification, instructions from the Holders of Regular
Certificates entitled to a majority of the Voting Rights directing the Special
Servicer not to take such action. Notwithstanding the foregoing, if the Special
Servicer reasonably determines that it is likely that within such 30-day period
irreparable environmental harm to such Mortgaged Property would result from the
presence of such Hazardous Materials and provides a prior written statement to
the Bond Administrator setting forth the basis for such determination, then the
Special Servicer may take such action to remedy such condition as may be
consistent with the Servicing Standard. None of the Trustee, the Bond
Administrator, the Servicer or the Special Servicer shall be obligated to take
any action or not take any action pursuant to this Section 3.10(i) at the
direction of the Certificateholders or with respect to the Serviced Whole Loan,
at the direction of the Certificateholders and the Serviced Companion Loan
Noteholders unless the Certificateholders and, with respect to the Serviced
Whole, the Serviced Companion Loan Noteholders agree to indemnify the Trustee,
the Bond Administrator, the Servicer and the Special Servicer with respect to
such action or inaction. The Servicer or the Special Servicer, as applicable,
shall advance the cost of any such compliance, containment, clean-up or
remediation as a Property Advance unless the Servicer or the Special Servicer,
as applicable, determines, in its good faith judgment, that such Advance would
constitute a Nonrecoverable Advance.

            (j) The Special Servicer shall notify the Servicer of any Mortgaged
Property which is abandoned or foreclosed that requires reporting to the IRS and
shall provide the Servicer with all information regarding forgiveness of
indebtedness and required to be reported with respect to any Mortgage Loan or
the Serviced Whole Loan which is abandoned or foreclosed and the Servicer shall
report to the IRS and the related Borrower, in the manner required by applicable
law, such information and the Servicer shall report, via Form 1099C, all
forgiveness of indebtedness to the extent such information has been provided to
the Servicer by the Special Servicer. The Servicer shall deliver a copy of any
such report to the Trustee and the Bond Administrator.

            (k) The costs of any Updated Valuation obtained pursuant to this
Section 3.10 shall be paid by the Servicer or the Special Servicer, as
applicable, as a Property Advance and shall be reimbursable from the Collection
Account or, with respect to the Serviced Whole Loan, from the Serviced Whole
Loan Collection Account.

            Section 3.11 Trustee to Cooperate; Release of Mortgage Files. Upon
the payment in full of any Mortgage Loan or Serviced Whole Loan, or the receipt
by the Servicer of a notification that payment in full has been escrowed in a
manner customary for such purposes, the Servicer shall immediately notify the
Bond Administrator or the Custodian by a certification (which certification
shall include a statement to the effect that all amounts received or to be
received in connection with such payment which are required to be deposited in
the Collection Account or the Serviced Whole Loan Collection Account, as
applicable, pursuant to Section 3.05 have been or will be so deposited) of a
Servicing Officer and shall request delivery to it of the related Mortgage File.
Any expense incurred in connection with any instrument of satisfaction or deed
of reconveyance that is not paid by the related Borrower shall be chargeable to
the Trust Fund. The Servicer agrees to enforce any provision in the relevant
Loan Documents that require the Borrower to pay such amounts.

            From time to time upon request of the Servicer or Special Servicer
and delivery to the Trustee and the Custodian of a Request for Release, the
Custodian shall promptly release the Mortgage File (or any portion thereof)
designated in such Request for Release to the Servicer or Special Servicer, as
applicable. Upon return of the foregoing to the Custodian, or in the event of a
liquidation or conversion of the Mortgage Loan or the Serviced Whole Loan into
an REO Property, or in the event of a substitution of a Mortgage Loan pursuant
to Section 2.03, or receipt by the Trustee, the Bond Administrator and the
Custodian of a certificate of a Servicing Officer stating that such Mortgaged
Property was liquidated and that all amounts received or to be received in
connection with such liquidation which are required to be deposited into the
Collection Account or the Serviced Whole Loan Collection Account, as applicable,
have been so deposited, or that such Mortgage Loan or Serviced Whole Loan has
become an REO Property, or that the Servicer has received a Qualifying
Substitute Mortgage Loan and the applicable Substitution Shortfall Amount, the
Custodian shall deliver a copy of the Request for Release to the Servicer or
Special Servicer, as applicable. If from time to time, pursuant to the terms of
the applicable Co-Lender Agreement or Other Pooling and Servicing Agreement, and
as appropriate for enforcing the terms of the AFR/Bank of America Portfolio
Mortgage Loan or the Meadows Mall Mortgage Loan, the related Other Servicer
requests delivery to it of the original Note by providing the Trustee a request
for release, then the Trustee shall release or cause the release of such
original Note to the related Other Servicer or its designee.

            Upon written certification of a Servicing Officer, the Trustee shall
execute and deliver to the Special Servicer any court pleadings, requests for
Trustee's sale or other documents prepared by the Special Servicer, its agents
or attorneys, necessary to the foreclosure or Trustee's sale in respect of a
Mortgaged Property or to any legal action brought to obtain judgment against any
Borrower on the Note or Mortgage or to obtain a deficiency judgment, or to
enforce any other remedies or rights provided by the Note or Mortgage or
otherwise available at law or in equity. Each such certification shall include a
request that such pleadings or documents be executed by the Trustee and a
statement as to the reason such documents or pleadings are required, and that
the execution and delivery thereof by the Trustee will not invalidate or
otherwise affect the lien of the Mortgage, except for the termination of such a
lien upon completion of the foreclosure or Trustee's sale.

            Section 3.12 Servicing Fees, Trustee Fees and Special Servicing
Compensation. (a) As compensation for its activities hereunder, the Servicer
shall be entitled to the Servicing Fee with respect to each Mortgage Loan (other
than the Non-Serviced Mortgage Loans) and each Serviced Companion Loan. The
Servicer's rights to the Servicing Fee may not be transferred in whole or in
part except in connection with the transfer of all of the Servicer's
responsibilities and obligations under this Agreement. In addition, the Servicer
shall be entitled to receive, as additional Servicing Compensation, to the
extent permitted by applicable law and the related Mortgage Loans and Serviced
Companion Loans, (i) any late payment charges collected by the Servicer during a
Collection Period on any Performing Loan remaining after application thereof
during such Collection Period to pay the Advance Interest Amount relating to
such Performing Loan and any unreimbursed Additional Trust Fund Expenses
incurred during or prior to such Collection Period and any Net Default Interest,
in the case of the Serviced Whole Loan, to the extent allocated to the related
Mortgage Loan in the related Co-Lender Agreement, and as further described in
Section 3.12(d), (ii) any loan service transaction fees, demand fees,
beneficiary statement charges or similar items and (iii) 50% of any Assumption
Fees, due-on-sale fees, due-on-encumbrance fees, loan modification fees,
extension fees and any similar items relating to any Performing Loan for as long
as such Mortgage Loan or Serviced Companion Loan is not a Specially Serviced
Loan but excluding any Prepayment Premiums and Yield Maintenance Charges, in
each case to the extent received and not required to be deposited or retained in
the Collection Account pursuant to Section 3.05; provided, however, that the
Servicer shall not be entitled to apply or retain as additional compensation,
any late payment charges with respect to any Mortgage Loan or Serviced Companion
Loan with respect to which a default or event of default thereunder has occurred
and is continuing unless and until such default or event of default has been
cured and all delinquent amounts (including any Default Interest not waived) due
with respect to such Mortgage Loan or Serviced Companion Loan have been paid.
The Servicer shall also be entitled pursuant to, and to the extent provided in,
Sections 3.06(d)(iv) and 3.07(b) to withdraw from the Collection Account and to
receive from any Borrower Accounts (to the extent not payable to the related
Borrower under the Mortgage Loan or applicable law), Net Prepayment Interest
Excess, if any, and any interest or other income earned on deposits therein.
Notwithstanding the foregoing, the aggregate Master Servicing Fee attributable
to the Mortgage Loans and the Serviced Companion Loans during the related
Collection Period and due to the Servicer on any Distribution Date shall be
reduced by the amount of any Servicer Prepayment Interest Shortfalls.

            As compensation for their activities hereunder on each Distribution
Date, (i) the Trustee shall be entitled with respect to each Mortgage Loan and
each Serviced Companion Loan to a portion of the Trustee Fee, which shall be
payable from amounts on deposit in the Lower-Tier Distribution Account, and (ii)
the Bond Administrator shall be entitled, with respect to each Mortgage Loan and
each Serviced Companion Loan, to the portion of the Trustee Fee consisting of
the Bond Administrator Fee, which shall be payable from amounts on deposit in
the Lower-Tier Distribution Account. The Trustee Fee with respect to the
AFR/Bank of America Portfolio Mortgage Loan shall be an expense of the
Lower-Tier REMIC with respect to the Loan REMIC Regular Interest. The Bond
Administrator shall pay the routine fees of the Certificate Registrar, the
Paying Agent and the Authenticating Agent. The Trustee's and the Bond
Administrator's rights to the Trustee Fee, the Bond Administrator Fee, may not
be transferred in whole or in part except in connection with the transfer of all
of their respective responsibilities and obligations under this Agreement.

            Except as otherwise provided herein, the Servicer shall pay all
expenses incurred by it in connection with its servicing activities hereunder,
including all fees of any sub-servicers retained by it. Except as otherwise
provided herein, the Trustee shall pay all expenses incurred by it in connection
with its activities hereunder.

            (b) As compensation for its activities hereunder, the Special
Servicer shall be entitled with respect to each Specially Serviced Loan to the
Special Servicing Compensation, which shall be payable from amounts on deposit
in the Collection Account as set forth in Sections 3.06(d)(iv). The Special
Servicer's rights to the Special Servicing Fee may not be transferred in whole
or in part except in connection with the transfer of all of the Special
Servicer's responsibilities and obligations under this Agreement. In addition,
the Special Servicer shall be entitled to receive, as Special Servicing
Compensation, to the extent permitted by applicable law and the related Loan
Documents, (i) any late payment charges collected by the Servicer during a
Collection Period on any Specially Serviced Loan remaining after application
thereof during such Collection Period to pay the Advance Interest Amount
relating to such Specially Serviced Loan and any unreimbursed Additional Trust
Fund Expenses incurred during or prior to such Collection Period (but not NSF
check fees and the like, which shall be paid to the Servicer) and Net Default
Interest as further described below in this subsection (b), (ii) 50% of any
Assumption Fees, due-on-sale fees, due-on-encumbrance fees, loan modification
fees, extension fees, and other similar fees relating to any Performing Loan,
excluding any Prepayment Premiums, (iii) any interest or other income earned on
deposits in the REO Accounts, and (iv) 100% of any Assumption Fees, due-on-sale
fees, due-on-encumbrance fees, loan modification fees, extension fees, loan
service transaction fees, demand fees, beneficiary statement charges and other
similar fees relating to any Specially Serviced Loan or REO Loan; provided,
however, that the Special Servicer shall not be entitled to apply or retain as
additional compensation, any late payment charges with respect to any Specially
Serviced Loan with respect to which a default or event of default thereunder has
occurred and is continuing unless and until such default or event of default has
been cured and all delinquent amounts (including any Default Interest not
waived) due with respect to such Mortgage Loan have been paid.

            Except as otherwise provided herein, the Special Servicer shall pay
all expenses incurred by it in connection with its servicing activities
hereunder, including all fees of any sub-servicers retained by it.

            (c) In addition, a Workout Fee will be payable to the Special
Servicer with respect to each Mortgage Loan (other than any Non-Serviced
Mortgage Loan) or Serviced Companion Loan that ceases to be a Specially Serviced
Loan pursuant to the definition thereof. As to each such Mortgage Loan (other
than any Non-Serviced Mortgage Loan) or Serviced Companion Loan, the Workout Fee
will be payable out of each collection of interest and principal (including
scheduled payments, prepayments, Balloon Payments and payments at maturity)
received on such Mortgage Loan or Serviced Companion Loan for so long as it
remains a Corrected Mortgage Loan. The Workout Fee with respect to any such
Mortgage Loan or Serviced Companion Loan will cease to be payable if such loan
again becomes a Specially Serviced Loan or if the related Mortgaged Property
becomes an REO Property; provided that a new Workout Fee will become payable if
and when such Mortgage Loan or Serviced Companion Loan again ceases to be a
Specially Serviced Loan. If the Special Servicer is terminated (other than for
cause) or resigns with respect to any or all of its servicing duties, it shall
retain the right to receive any and all Workout Fees payable with respect to the
Mortgage Loans or the Serviced Companion Loans that cease to be Specially
Serviced Loans during the period that it had responsibility for servicing
Specially Serviced Loans and that had ceased being Specially Serviced Loans (or
for any Specially Serviced Loan that had not yet become a Corrected Mortgage
Loan because as of the time that the Special Servicer is terminated the borrower
has not made three consecutive monthly debt service payments and subsequently
the Specially Serviced Loan becomes a Corrected Mortgage Loan) at the time of
such termination or resignation (and the successor Special Servicer shall not be
entitled to any portion of such Workout Fees), in each case until the Workout
Fee for any such loan ceases to be payable in accordance with the preceding
sentence.

            A Liquidation Fee will be payable to the Special Servicer with
respect to each Specially Serviced Loan as to which the Special Servicer obtains
a full, partial or discounted payoff from the related Borrower and, except as
otherwise described below, with respect to any Specially Serviced Loan or REO
Property as to which the Special Servicer recovered any Liquidation Proceeds. As
to each such Specially Serviced Loan and REO Property, the Liquidation Fee will
be payable from the related payment or proceeds. Notwithstanding anything to the
contrary described above, no Liquidation Fee will be payable based on, or out
of, Liquidation Proceeds received in connection with (i) the purchase of any
Specially Serviced Loan or REO Property by the Servicer, the Special Servicer or
a Directing Certificateholder, (ii) the purchase of all of the Mortgage Loans
and REO Properties by the Servicer, the Special Servicer or the Directing
Certificateholder in connection with the termination of the Trust Fund, (iii) a
repurchase of a Mortgage Loan by a Mortgage Loan Seller pursuant to Section 2.03
prior to the expiration of the time periods set forth therein, (iv) the purchase
of the AFR/Bank of America Portfolio Mortgage Loan by the holder of the AFR/Bank
of America Portfolio B Loan, unless such Mortgage Loan is purchased more than 90
days after the default giving rise to the right of the holder of the AFR/Bank of
America Portfolio B Loan to purchase such Mortgage Loan and (v) in connection
with any mezzanine indebtedness that may exist on a future date, the purchase of
the related Mortgage Loan by a mezzanine lender, to the extent permitted by the
related mezzanine intercreditor agreement. If, however, Liquidation Proceeds are
received with respect to any Specially Serviced Loan as to which the Special
Servicer is properly entitled to a Workout Fee, such Workout Fee will be payable
based on and out of the portion of such Liquidation Proceeds that constitute
principal and/or interest. Notwithstanding anything herein to the contrary, the
Special Servicer shall only be entitled to receive a Liquidation Fee or a
Workout Fee, but not both, with respect to proceeds on any Specially Serviced
Loan. In the event that (i) the Special Servicer has been terminated, and (ii)
either prior or subsequent to such termination, either (A) a Specially Serviced
Loan was liquidated or modified pursuant to an action plan submitted by the
initial Special Servicer and approved (or deemed approved) by the Controlling
Holder, or (B) a Specially Serviced Loan being monitored by the Special Servicer
subsequently became a Corrected Mortgage Loan, then in either such event the
Special Servicer shall be paid the related Workout Fee or Liquidation Fee, as
applicable.

            The Special Servicer will also be entitled to additional fees in the
form of Penalty Charges on Specially Serviced Loans it is responsible for
servicing hereunder that accrued during such time as such Mortgage Loan (other
than a Non-Serviced Mortgage Loan) or Serviced Companion Loan was a Specially
Serviced Loan, but only to the extent actually paid by the related Borrower and
to the extent that all amounts then due and payable with respect to the related
Mortgage Loan or Serviced Companion Loan (including interest on Advances) have
been paid and are not needed to first, (x) reimburse the Trust Fund for
Additional Trust Fund Expenses paid in connection therewith during the
Collection Period in which such Penalty Charges were collected and (y) reimburse
Advance Interest Amounts paid to the Servicer, Trustee or Special Servicer, as
applicable, that accrued with respect to the related Mortgage Loan or Serviced
Companion Loan during the Collection Period in which such Penalty Charges were
collected; provided, with respect to the Tysons Corner Center Pari Passu Loans,
Penalty Charges with respect to such loans shall be paid to each holder of the
Tysons Corner Center Pari Passu Loans, as allocated in the related Co-Lender
Agreement. The Special Servicer shall be required to pay out of its own funds
all expenses incurred by it in connection with its servicing activities
hereunder (including, without limitation, payment of any amounts, other than
management fees in respect of REO Properties, due and owing to any of its
sub-servicers and the premiums for any blanket Insurance Policy obtained by it
insuring against hazard losses pursuant to Section 3.07), if and to the extent
such expenses are not expressly payable directly out of the Collection Account
or if a or Serviced Whole Loan is involved, the Serviced Whole Loan Collection
Account or the applicable REO Account or as a Property Advance, and the Special
Servicer shall not be entitled to reimbursement therefor except as expressly
provided in this Agreement.

            (d) In determining the compensation of the Servicer or Special
Servicer, as applicable, with respect to Penalty Charges, on any Distribution
Date, the aggregate Penalty Charges collected on any Mortgage Loan (other than
with respect to the Tysons Corner Center Mortgage Loan, with regard to which
Penalty Charges shall be allocated as set forth in the related Co-Lender
Agreement) during the related Collection Period shall be applied to reimburse
(i) the Servicer, the Special Servicer or the Trustee for interest on Advances
with respect to such Mortgage Loan that accrued in the period that such Penalty
Charges were collected, (ii) the Trust Fund for all interest on Advances
previously paid to the Servicer, the Special Servicer or the Trustee pursuant to
Section 3.06(b)(vi) and (iii) the Trust Fund for any Additional Trust Fund
Expenses with respect to such Mortgage Loan paid in the Collection Period that
such Penalty Charges were collected and not previously paid out of Penalty
Charges, and any Penalty Charges remaining thereafter shall be distributed pro
rata to the Servicer and the Special Servicer based upon the amount of Penalty
Charges the Servicer or the Special Servicer would otherwise have been entitled
to receive during such period with respect to such Mortgage Loan without any
such application. With respect to the Meadows Mall Mortgage Loan, the AFR/Bank
of America Portfolio Mortgage Loan or any related REO Property, the Servicer
shall not be entitled to any Servicing Fee, and the Special Servicer shall not
be entitled to any Special Servicing Fees, Workout Fees or Liquidation Fees.

            (e) [Reserved.]

            (f) The Servicer, the Special Servicer, the Bond Administrator and
the Trustee shall be entitled to reimbursement from the Trust Fund (and, in the
case of the Serviced Whole Loan, the Serviced Companion Loan Noteholders on a
pro rata basis based on the Mortgage Loan's or Serviced Companion Loan's, as
applicable, Stated Principal Balance) for the costs and expenses incurred by
them in the performance of their duties under this Agreement which are
"unanticipated expenses incurred by the REMIC" within the meaning of Treasury
Regulations Section 1.860G-1(b)(3)(iii). Such expenses shall include, by way of
example and not by way of limitation, environmental assessments, Updated
Appraisals and appraisals in connection with foreclosure, the fees and expenses
of any administrative or judicial proceeding and expenses expressly identified
as reimbursable in Section 3.06(d)(vii). All such costs and expenses shall be
treated as costs and expenses of the Lower-Tier REMIC or the Loan REMIC, and if
not attributable to a specific Mortgage Loan or the Serviced Whole Loan, shall
be allocated between the Lower-Tier REMIC and the Loan REMIC based on the Stated
Principal Balances of the related Mortgage Loans and, if applicable, the
Serviced Whole Loan.

            (g) No provision of this Agreement or of the Certificates shall
require the Servicer, the Special Servicer, the Trustee or the Bond
Administrator to expend or risk their own funds or otherwise incur any financial
liability in the performance of any of their duties hereunder or thereunder, or
in the exercise of any of their rights or powers, if, in the good faith business
judgment of the Servicer, Special Servicer, Trustee or Bond Administrator, as
the case may be, repayment of such funds would not be ultimately recoverable
from late payments, Net Insurance Proceeds, Net Liquidation Proceeds and other
collections on or in respect of the Mortgage Loans, or from adequate indemnity
from other assets comprising the Trust Fund against such risk or liability.

            If the Servicer, the Special Servicer, the Trustee or the Bond
Administrator receives a request or inquiry from a Borrower, any
Certificateholder or any other Person the response to which would, in the
Servicer's, the Special Servicer's, the Trustee's or the Bond Administrator's
good faith business judgment require the assistance of Independent legal counsel
or other consultant to the Servicer, the Special Servicer, the Trustee or the
Bond Administrator, the cost of which would not be an expense of the Trust Fund
or any Serviced Companion Loan Noteholder hereunder, then the Servicer, the
Special Servicer, the Trustee or the Bond Administrator, as the case may be,
shall not be required to take any action in response to such request or inquiry
unless such Borrower, such Certificateholder, or such other Person, as
applicable, makes arrangements for the payment of the Servicer's, the Special
Servicer's, the Trustee's or the Bond Administrator's expenses associated with
such counsel (including, without limitation, posting an advance payment for such
expenses) satisfactory to the Servicer, the Special Servicer, the Trustee or the
Bond Administrator, as the case may be, in its sole discretion. Unless such
arrangements have been made, the Servicer, the Special Servicer, the Trustee or
the Bond Administrator, as the case may be, shall have no liability to any
Person for the failure to respond to such request or inquiry.

            Section 3.13 Reports to the Bond Administrator; Collection Account
Statements. (a) The Servicer shall deliver to the Bond Administrator no later
than 3:00 p.m. (New York City time) two Business Days prior to the Servicer
Remittance Date prior to each Distribution Date, the CMSA Loan Periodic Update
File with respect to all of the Mortgage Loans for the related Distribution Date
(which shall include, without limitation, the amount of Available Funds with
respect to all of the Mortgage Loans) including information therein that states
the anticipated P&I Advances for the related Distribution Date. The Servicer's
responsibilities under this Section 3.13(a) with respect to REO Loans shall be
subject to the satisfaction of the Special Servicer's obligations under Section
3.26. The Servicer shall by 12:00 noon (New York City time) deliver to the Bond
Administrator on the Servicer Remittance Date information on the Monthly
Payments received after the Determination Date from the subservicer in a Paid
After Determination Date Report.

            (b) For so long as the Servicer makes deposits into or credits to
and withdrawals or debits from the Collection Account or the Serviced Whole Loan
Collection Account, not later than 15 days after each Distribution Date, the
Servicer shall forward to the Bond Administrator a statement prepared by the
Servicer setting forth the status of each of the Collection Account and the
Serviced Whole Loan Collection Account as of the close of business on the last
Business Day of the prior month and showing the aggregate amount of deposits
into and withdrawals from the Collection Account and the Serviced Whole Loan
Collection Account of each category of deposit (or credit) specified in Section
3.05 and each category of withdrawal (or debit) specified in Section 3.06 for
the related Collection Period, in each case for the Mortgage Loans (including
allocations to the Non-Serviced Mortgage Loans). The Trustee, the Bond
Administrator and their agents and attorneys may at any time during normal
business hours, upon reasonable notice, inspect and copy the books, records and
accounts of the Servicer solely relating to the Mortgage Loans and the
performance of its duties hereunder.

            (c) Beginning in April 2004 (or, in the case of the Watch List
referenced in clause (iii) below, beginning in May 2004), no later than 4:00
p.m. (New York City time) on each Servicer Remittance Date, the Servicer shall
deliver or cause to be delivered to the Bond Administrator the following reports
(in electronic form) with respect to the Mortgage Loans (and, if applicable, the
related REO Properties), providing the required information as of the
immediately preceding Determination Date: (i) to the extent the Servicer has
received the most recent CMSA Special Servicer Loan File from the Special
Servicer at the time required, the most recent Delinquent Loan Status Report,
Historical Liquidation Report, Historical Loan Modification and Corrected
Mortgage Loan Report, CMSA Loan Setup File (with respect to the first
Distribution Date) and REO Status Report received from such Special Servicer,
(ii) the most recent CMSA Property File, CMSA Financial File, Comparative
Financial Status Report and the Loan Level Reserve/LOC Report (in each case
incorporating the data required to be included in the CMSA Special Servicer Loan
File), (iii) the Watch List with information that is current as of such
Determination Date and (iv) the Monthly Additional Report on Recoveries and
Reimbursements (notwithstanding that such form of report has not been adopted or
recommended by the CMSA).

            The information that pertains to Specially Serviced Loans and REO
Properties reflected in such reports shall be based solely upon the reports
delivered by the Special Servicer to the Servicer at least four Business Days
prior to the related Servicer Remittance Date in the form required by Section
3.13(f) or shall be provided by means of such reports so delivered by the
Special Servicer to the Servicer in the form so required. In the absence of
manifest error, the Servicer shall be entitled to conclusively rely upon,
without investigation or inquiry, the information and reports delivered to it by
the Special Servicer, and the Bond Administrator shall be entitled to
conclusively rely upon the Servicer's reports and the Special Servicer's reports
without any duty or obligation to recompute, verify or recalculate any of the
amounts and other information stated therein.

            (d) The Servicer shall deliver or cause to be delivered to the Bond
Administrator, the Underwriters and to any Rating Agency, the following
materials, in each case to the extent that such materials or the information on
which they are based have been received by the Servicer:

            (i) At least annually, on or before June 30 of each year, beginning
      with June 30, 2004, with respect to each Mortgage Loan and REO Loan (to
      the extent prepared by and received from the Special Servicer (in written
      format or in electronic media) in the case of any Specially Serviced Loan
      or REO Loan), an Operating Statement Analysis Report for the related
      Mortgaged Property or REO Property as of the end of the preceding calendar
      year (initially, year-end 2003), together with copies of the related
      operating statements and rent rolls (but only to the extent the related
      Borrower is required by the Mortgage to deliver, or otherwise agrees to
      provide such information and, with respect to operating statements and
      rent rolls for Specially Serviced Loans and REO Properties, only to the
      extent requested by the Special Servicer) for the current trailing 12
      months, if available, or year-to-date. The Servicer (or the Special
      Servicer in the case of Specially Serviced Loans and REO Properties) shall
      use its best reasonable efforts to obtain said annual and other periodic
      operating statements and related rent rolls, which efforts shall include a
      letter sent to the related Borrower (followed up with telephone calls),
      requesting such annual and other periodic operating statements and related
      rent rolls until they are received to the extent such action is consistent
      with applicable law and the terms of the Mortgage Loans. Upon receipt of
      such annual and other periodic operating statements (including
      year-to-date statements) and related rent rolls and the Servicer shall
      promptly update the Operating Statement Analysis Report.

            (ii) Within 60 days after receipt by the Servicer (or within 45 days
      of receipt by the Special Servicer in the case of a Specially Serviced
      Loan or REO Property) of any annual year-end operating statements with
      respect to any Mortgaged Property or REO Property (to the extent prepared
      by and received from the Special Servicer in the case of any Specially
      Serviced Loan or REO Property), an NOI Adjustment Worksheet for such
      Mortgaged Property (with the annual year-end operating statements attached
      thereto as an exhibit). The Servicer will use the "Normalized" column from
      the NOI Adjustment Worksheet to update the full year-end data on any
      Operating Statement Analysis Report and will use any operating statements
      received with respect to any Mortgaged Property (other than any Mortgaged
      Property which is REO Property or constitutes security for a Specially
      Serviced Loan) to update the Operating Statement Analysis Report for such
      Mortgaged Property.

            The Servicer shall maintain one Operating Statement Analysis Report
for each Mortgaged Property and REO Property (to the extent prepared by and
received from the Special Servicer in the case of any REO Property or any
Mortgaged Property constituting security for a Specially Serviced Loan). The
Operating Statement Analysis Report for each Mortgaged Property (other than any
such Mortgaged Property which is an REO Property or constitutes security for a
Specially Serviced Loan) is to be updated with trailing 12-month information, as
available (commencing with the quarter ending March 2004), or year-to-date
information until 12-month trailing information is available by the Servicer and
such updated report shall be delivered to the Bond Administrator within 30 days
after receipt by the Servicer of such updated trailing or year-to-date operating
statements and related rent rolls for such Mortgaged Property.

            The Special Servicer will be required pursuant to Section 3.13(g) to
deliver to the Servicer the information required of it pursuant to this Section
3.13(d) with respect to Specially Serviced Loans and REO Loans commencing on
March 31, 2004, in addition to within 45 days after its receipt of any operating
statement and related rent rolls for any related Mortgaged Property or REO
Property.

            (e) In connection with their servicing of the Mortgage Loans, the
Servicer and the Special Servicer shall provide to each other and to the Bond
Administrator, written notice of any event that comes to their knowledge with
respect to a Mortgage Loan or REO Property that the Servicer or the Special
Servicer, respectively, determines, in accordance with the Servicing Standard,
would have a material adverse effect on such Mortgage Loan or REO Property,
which notice shall include an explanation as to the reason for such material
adverse effect.

            (f) At least four Business Days prior to each Servicer Remittance
Date, the Special Servicer shall deliver, or cause to be delivered, to the
Servicer and, upon the request of any of the Trustee, the Bond Administrator,
the Depositor, the Controlling Class or any Rating Agency, to such requesting
party, the CMSA Specially Serviced Loan File (or data files relating to reports
of the Servicer) with respect to the Specially Serviced Loans (and, if
applicable, the related REO Properties), providing the required information as
of the Determination Date (or, upon the reasonable request of the Servicer, data
files in a form acceptable to the Servicer), which CMSA Specially Serviced Loan
File shall include data, to enable Servicer to produce the following CMSA
Supplement Reports: (i) a Delinquent Loan Status Report; (ii) an Historical
Liquidation Report; (iii) an Historical Loan Modification Report; (iv) an REO
Status Report; (v) Comparative Financial Status Reports; (vi) CMSA Loan Periodic
Update File; (vii) a CMSA Property File; (viii) a CMSA Financial File; (ix) a
NOI Adjustment Worksheet; (x) an Operating Statement Analysis Report. and (xi)
the Monthly Additional Report on Recoveries and Reimbursements (notwithstanding
that such form of report has not been adopted or recommended by the CMSA). Such
reports or data shall be presented in writing and on a computer readable
magnetic medium or other electronic format acceptable to the Servicer.

            (g) The Special Servicer shall deliver or cause to be delivered to
the Servicer and, upon the request of any of the Trustee, the Bond
Administrator, the Depositor, the Controlling Class or any Rating Agency, to
such requesting party, without charge, the following materials for Specially
Serviced Loans, in each case to the extent that such materials or the
information on which they are based have been received by the Special Servicer:

            (i) At least annually, on or before June 30th of each year,
      commencing with June, 2004, with respect to each Specially Serviced Loan
      and REO Loan, an Operating Statement Analysis Report for the related
      Mortgaged Property or REO Property as of the end of the preceding calendar
      year, together with copies of the operating statements and rent rolls for
      the related Mortgaged Property or REO Property as of the end of the
      preceding calendar year (but only to the extent the related Borrower is
      required by the Mortgage to deliver, or otherwise agrees to provide, such
      information and, with respect to operating statements and rent rolls for
      Specially Serviced Loans and REO Properties, only to the extent requested
      by the Special Servicer) and for the current trailing 12 months, if
      available, or year-to-date. The Special Servicer shall use its best
      reasonable efforts to obtain said annual and other periodic operating
      statements and related rent rolls with respect to each Mortgaged Property
      constituting security for a Specially Serviced Loan and each REO Property,
      which efforts shall include a letter sent to the related Borrower or other
      appropriate party each quarter (followed up with telephone calls)
      requesting such annual and other periodic operating statements and rent
      rolls until they are received.

            (ii) Within 45 days of receipt by the Special Servicer of any annual
      operating statements with respect to any Mortgaged Property relating to a
      Specially Serviced Loan, an NOI Adjustment Worksheet for such Mortgaged
      Property or REO Property (with the annual operating statements attached
      thereto as an exhibit); provided, however, that, with the consent of the
      Servicer, the Special Servicer may instead provide data files in a form
      acceptable to the Servicer. The Special Servicer will use the "Normalized"
      column from the NOI Adjustment Worksheet to update the full year-end data
      on any Operating Statement Analysis Report and will use any operating
      statements received with respect to any Mortgaged Property which is an REO
      Property or constitutes security for a Specially Serviced Loan to update
      the Operating Statement Analysis Report for such Mortgaged Property.

            The Special Servicer shall maintain one Operating Statement Analysis
Report for each Mortgaged Property securing a Specially Serviced Loan and REO
Property. The Operating Statement Analysis Report for each Mortgaged Property
which constitutes security for a Specially Serviced Loan or is an REO Property
is to be updated by the Special Servicer and such updated report delivered to
the Servicer within 45 days after receipt by the Special Servicer of updated
operating statements for each such Mortgaged Property; provided, however, that,
with the consent of the Servicer, the Special Servicer may instead provide data
files in a form acceptable to the Servicer. The Special Servicer shall provide
each such report to the Servicer in the then applicable CMSA format.

            (h) The Bond Administrator and the Trustee shall be entitled to rely
conclusively on and shall not be responsible for the content or accuracy of any
information provided to it by the Servicer or the Special Servicer pursuant to
this Agreement.

            Section 3.14 Annual Statement as to Compliance. The Servicer and the
Special Servicer (the "reporting person") shall each deliver to the Trustee, the
Underwriters, the Bond Administrator, the Depositor, the Serviced Companion Loan
Noteholders (and the Person who signs the Sarbanes-Oxley certification pursuant
to any related Serviced Companion Loan Securitization Agreement on which such
Person and such Person's partner, representative, Affiliate, member, manager,
director, officer, employee or agent may rely) and the Rating Agencies on or
before March 15 of each year, beginning with March 15, 2005, an Officers'
Certificate stating, as to each signatory thereof, (i) that a review of the
activities of the reporting person during the preceding calendar year (or such
shorter period from the Closing Date to the end of the related calendar year)
and of its performance under this Agreement has been made under such officer's
supervision, (ii) that, to the best of such officer's knowledge, based on such
review, the reporting person has fulfilled all of its obligations under this
Agreement in all material respects throughout such year (or such shorter
period), or, if there has been a default in the fulfillment of any such
obligation, specifying each such default known to such officer, the nature and
status thereof and what action it proposes to take with respect thereto, (iii)
that, to the best of such officer's knowledge, each related sub-servicer has
fulfilled its obligations under its sub-servicing agreement in all material
respects, or, if there has been a material default in the fulfillment of such
obligations, specifying each such default known to such officer and the nature
and status thereof, and (iv) whether it has received any notice regarding
qualification, or challenging the status, of the Upper-Tier REMIC, the
Lower-Tier REMIC or the Loan REMIC as a REMIC or of the Grantor Trust as a
"grantor trust" from the IRS or any other governmental agency or body or, if it
has received any such notice, specifying the details thereof.

            Section 3.15 Annual Independent Public Accountants' Servicing
Report. On or before March 15 of each year, beginning with March 15, 2005, the
Servicer and the Special Servicer (the "reporting person"), each at the
reporting person's expense, shall cause a firm of nationally recognized
Independent public accountants (who may also render other services to the
reporting person), which is a member of the American Institute of Certified
Public Accountants, to furnish a statement (an "Accountant's Statement") to the
Trustee, the Bond Administrator, the Depositor, the Serviced Companion Loan
Noteholders (and the Person who signs the Sarbanes-Oxley certification pursuant
to any related Serviced Companion Loan Securitization Agreement on which such
Person and such Person's partner, representative, Affiliate, member, manager,
director, officer, employee or agent may rely), the Trustee, the Underwriters
and the Rating Agencies, to the effect that such firm has examined certain
documents and records relating to the servicing of similar mortgage loans under
similar agreements and that, on the basis of such examination conducted
substantially in compliance with generally accepted auditing standards and the
Uniform Single Attestation Program for Mortgage Bankers or the Audit Program for
Mortgages serviced for Freddie Mac, such servicing has been conducted in
compliance with similar agreements except for such significant exceptions or
errors in records that, in the opinion of such firm, generally accepted auditing
standards and the Uniform Single Attestation Program for Mortgage Bankers or the
Audit Program for Mortgages serviced for Freddie Mac require it to report, in
which case such exceptions and errors shall be so reported. Each reporting
person shall obtain from the related accountants, or shall prepare, an
electronic version of each Accountant's Statement and provide such electronic
version to the Bond Administrator for filing in accordance with the procedures
set forth in Section 3.22 hereof. With respect to any electronic version of an
Accountant's Statement prepared by the reporting person, the reporting person
shall receive written confirmation from the related accountants that such
electronic version is a conformed copy of the original Accountant's Statement.

            Section 3.16 Access to Certain Documentation. The Servicer and
Special Servicer shall provide to any Certificateholders and the Serviced
Companion Loan Noteholders that are federally insured financial institutions,
the Federal Reserve Board, the FDIC and the OTS and the supervisory agents and
examiners of such boards and such corporations, and any other governmental or
regulatory body to the jurisdiction of which any Certificateholder or Serviced
Companion Loan Noteholder is subject, access to the documentation regarding the
Mortgage Loans or the Serviced Whole Loan, as applicable, required by applicable
regulations of the Federal Reserve Board, FDIC, OTS or any such governmental or
regulatory body, such access being afforded without charge but only upon
reasonable request and during normal business hours at the offices of the
Servicer or Special Servicer. In addition, upon reasonable prior notice to the
Servicer or the Special Servicer, as the case may be, the Depositor or their
accountants or other representatives shall have access to review the documents,
correspondence and records of the Servicer or the Special Servicer, as the case
may be, as they relate to a Mortgaged Property and any REO Property during
normal business hours at the offices of the Servicer or the Special Servicer, as
the case may be. Nothing in this Section 3.16(a) shall detract from the
obligation of the Servicer and Special Servicer to observe any applicable law
prohibiting disclosure of information with respect to the Borrowers, and the
failure of the Servicer and Special Servicer to provide access as provided in
this Section 3.16(a) as a result of such obligation shall not constitute a
breach of this Section 3.16(a).

            Section 3.17 Title and Management of REO Properties and REO Account
Properties. (a) In the event that title to any Mortgaged Property is acquired
for the benefit of Certificateholders (and, in the case of the Serviced Whole
Loan, the related Serviced Companion Loan Noteholders) in foreclosure, by deed
in lieu of foreclosure or upon abandonment or reclamation from bankruptcy, the
deed or certificate of sale shall be taken in the name of the Trustee, or its
nominee (which shall not include the Servicer), or a separate Trustee or
co-Trustee, on behalf of the Trust Fund. The Special Servicer, on behalf of the
Trust Fund, shall dispose of any REO Property prior to the close of the third
calendar year following the year in which the Trust Fund acquires ownership of
such REO Property for purposes of Section 860G(a)(8) of the Code, unless (i) the
Special Servicer on behalf of the Lower-Tier REMIC or the Loan REMIC has applied
for an extension of such period pursuant to Sections 856(e)(3) and 860G(a)(8)(A)
of the Code, in which case the Special Servicer shall sell such REO Property
within the applicable extension period or (ii) the Special Servicer seeks and
subsequently receives an Opinion of Counsel (which opinion shall be an expense
of the Trust Fund and, in the case of the Serviced Whole Loan, the Serviced
Companion Loan Noteholders on a pro rata basis based on the Mortgage Loan's or
Serviced Companion Loan's, as applicable, Stated Principal Balance), addressed
to the Special Servicer the Trustee and the Bond Administrator, to the effect
that the holding by the Trust Fund of such REO Property for an additional
specified period will not cause such REO Property to fail to qualify as
"foreclosure property" within the meaning of Section 860G(a)(8) of the Code
(determined without regard to the exception applicable for purposes of Section
860D(a) of the Code) at any time that any Certificate is outstanding, in which
event such period shall be extended by such additional specified period subject
to any conditions set forth in such Opinion of Counsel. The Special Servicer, on
behalf of the Trust Fund, shall dispose of any REO Property held by the Trust
Fund prior to the last day of such period (taking into account extensions) by
which such REO Property is required to be disposed of pursuant to the provisions
of the immediately preceding sentence in a manner provided under Section 3.18
hereof. The Special Servicer shall manage, conserve, protect and operate each
REO Property for the Certificateholders (and, in the case of the Serviced Whole
Loan, the related Serviced Companion Loan Noteholders) solely for the purpose of
its prompt disposition and sale in a manner which does not cause such REO
Property to fail to qualify as "foreclosure property" within the meaning of
Section 860G(a)(8) of the Code (determined without regard to the exception
applicable for purposes of Section 860D(a)).

            (b) The Special Servicer shall have full power and authority,
subject only to the Servicing Standard and the specific requirements and
prohibitions of this Agreement, to do any and all things in connection with any
REO Property as are consistent with the manner in which the Special Servicer
manages and operates similar property owned or managed by the Special Servicer
or any of its Affiliates, all on such terms and for such period as the Special
Servicer deems to be in the best interests of Certificateholders and, in the
case of the Serviced Whole Loan, the related Serviced Companion Loan
Noteholders, and, in connection therewith, the Special Servicer shall agree to
the payment of management fees that are consistent with general market
standards. Consistent with the foregoing, the Special Servicer shall cause or
permit to be earned with respect to such REO Property any "net income from
foreclosure property," within the meanings of Section 860G(c) of the Code, which
is subject to tax under the REMIC Provisions, only if it has determined, and has
so advised the Trustee, the Bond Administrator in writing, that the earning of
such income on a net after-tax basis could reasonably be expected to result in a
greater recovery on behalf of Certificateholders (and, in the case of the
Serviced Whole Loan, the related Serviced Companion Loan Noteholders) than an
alternative method of operation or rental of such REO Property that would not be
subject to such a tax.

            The Special Servicer shall segregate and hold all revenues received
by it with respect to any REO Property separate and apart from its own funds and
general assets and shall establish and maintain with respect to any REO Property
a segregated custodial account (each, an "REO Account"), each of which shall be
an Eligible Account and shall be entitled "Wells Fargo Bank, N.A., as Trustee,
in trust for Holders of Deutsche Mortgage & Asset Receiving Corporation, COMM
2004-LNB2 Commercial Mortgage Pass-Through Certificates REO Account." With
respect to the REO Property securing the Serviced Whole Loan, the Special
Servicer shall establish an REO Account solely with respect to such property
(the "Serviced Whole Loan REO Account"), to be held for the benefit of the
Certificateholders and the related Serviced Companion Loan Noteholders. The
Special Servicer shall be entitled to withdraw for its account any interest or
investment income earned on funds deposited in an REO Account or the Serviced
Whole Loan REO Account to the extent provided in Section 3.07(b). The Special
Servicer shall deposit or cause to be deposited in the REO Account or the
Serviced Whole Loan REO Account within one Business Day after receipt of REO
Proceeds, and shall withdraw therefrom funds necessary for the proper operation,
management and maintenance of such REO Property and for other Property
Protection Expenses with respect to such REO Property, including:

            (i) all insurance premiums due and payable in respect of any REO
      Property;

            (ii) all real estate taxes and assessments in respect of any REO
      Property that may result in the imposition of a lien thereon;

            (iii) all costs and expenses reasonable and necessary to protect,
      maintain, manage, operate, repair and restore any REO Property; and

            (iv) any taxes imposed on the Upper-Tier REMIC, the Lower-Tier REMIC
      or the Loan REMIC in respect of net income from foreclosure property in
      accordance with Section 4.05.

            To the extent that such REO Proceeds are insufficient for the
purposes set forth in clauses (i) through (iii) above the Special Servicer shall
advance the amount of such shortfall as a Property Advance unless the Special
Servicer determines, in its good faith judgment, that such Advance would be a
Nonrecoverable Advance. If the Special Servicer does not make such Advance in
violation of the immediately preceding sentence, the Servicer shall make such
Advance and if the Servicer does not make any such Advance, the Trustee, to the
extent the Trustee has actual knowledge of the Servicer's or the Special
Servicer's failure to make such Advance, shall make such Advance, unless in each
case, the Special Servicer, the Servicer or the Trustee, as applicable,
determines that such Advance would be a Nonrecoverable Advance. The Trustee
shall be entitled to rely, conclusively, on any determination by the Special
Servicer or the Servicer, as applicable, that an Advance, if made, would be a
Nonrecoverable Advance. The Trustee, when making an independent determination
whether or not a proposed Advance would be a Nonrecoverable Advance, shall be
subject to the standards applicable to the Servicer hereunder. The Special
Servicer, Servicer or the Trustee, as applicable, shall be entitled to
reimbursement of such Advances (with interest at the Advance Rate) made pursuant
to the preceding sentence, to the extent permitted by Section 3.06(d). The
Special Servicer shall withdraw from each REO Account or Serviced Whole Loan REO
Account, as applicable, and remit to the Servicer for deposit into the
Collection Account or Serviced Whole Loan Collection Account, as applicable, on
a monthly basis prior to or on the related Due Date the Net REO Proceeds
received or collected from each REO Property, except that in determining the
amount of such Net REO Proceeds, the Special Servicer may retain in each REO
Account or Serviced Whole Loan REO Account, as applicable, reasonable reserves
for repairs, replacements and necessary capital improvements and other related
expenses.

            Notwithstanding the foregoing, the Special Servicer shall not:

            (i) permit any New Lease to be entered into, renewed or extended, if
      the New Lease by its terms will give rise to any income that does not
      constitute Rents from Real Property;

            (ii) permit any amount to be received or accrued under any New
      Lease, other than amounts that will constitute Rents from Real Property;

            (iii) authorize or permit any construction on any REO Property,
      other than the repair or maintenance thereof or the completion of a
      building or other improvement thereon, and then only if more than ten
      percent of the construction of such building or other improvement was
      completed before default on the related Mortgage Loan became imminent, all
      within the meaning of Section 856(e)(4)(B) of the Code; or

            (iv) Directly Operate or allow any Person to Directly Operate any
      REO Property on any date more than 90 days after its date of acquisition
      by the Trust Fund, unless such Person is an Independent Contractor;

unless, in any such case, the Special Servicer has requested and received an
Opinion of Counsel addressed to the Special Servicer, the Trustee and the Bond
Administrator (which opinion shall be an expense of the Trust Fund and, in the
case of the Serviced Whole Loan, the Serviced Companion Loan Noteholders on a
pro rata basis based on the Mortgage Loan's or Serviced Companion Loan's, as
applicable, Stated Principal Balance) to the effect that such action will not
cause such REO Property to fail to qualify as "foreclosure property" within the
meaning of Section 860G(a)(8) of the Code (determined without regard to the
exception applicable for purposes of Section 860D(a) of the Code) at any time
that it is held by the Trust Fund, in which case the Special Servicer may take
such actions as are specified in such Opinion of Counsel.

            The Special Servicer shall be required to contract with an
Independent Contractor, the fees and expenses of which shall be an expense of
the Trust Fund (and, in the case of the Serviced Whole Loan, the Serviced
Companion Loan Noteholders on a pro rata basis based on the Mortgage Loan's or
Serviced Companion Loan's, as applicable, Stated Principal Balance) and payable
out of REO Proceeds, for the operation and management of any REO Property,
within 90 days of the Trust Fund's acquisition thereof (unless the Special
Servicer shall have provided the Trustee and the Bond Administrator with an
Opinion of Counsel that the operation and management of any REO Property other
than through an Independent Contractor shall not cause such REO Property to fail
to qualify as "foreclosure property" within the meaning of Code Section
860G(a)(8)) (which opinion shall be an expense of the Trust Fund and, in the
case of the Serviced Whole Loan, the Serviced Companion Loan Noteholders on a
pro rata basis based on the Mortgage Loan's or Serviced Companion Loan's, as
applicable, Stated Principal Balance), provided that:

            (i) the terms and conditions of any such contract shall be
      reasonable and customary for the area and type of property and shall not
      be inconsistent herewith;

            (ii) any such contract shall require, or shall be administered to
      require, that the Independent Contractor pay all costs and expenses
      incurred in connection with the operation and management of such REO
      Property, including those listed above, and remit all related revenues
      (net of such costs and expenses) to the Special Servicer as soon as
      practicable, but in no event later than 30 days following the receipt
      thereof by such Independent Contractor;

            (iii) none of the provisions of this Section 3.17(b) relating to any
      such contract or to actions taken through any such Independent Contractor
      shall be deemed to relieve the Special Servicer of any of its duties and
      obligations to the Trust Fund, the Trustee or the Bond Administrator on
      behalf of the Certificateholders, with respect to the operation and
      management of any such REO Property; and

            (iv) the Special Servicer shall be obligated with respect thereto to
      the same extent as if it alone were performing all duties and obligations
      in connection with the operation and management of such REO Property.

            The Special Servicer shall be entitled to enter into any agreement
with any Independent Contractor performing services for it related to its duties
and obligations hereunder for indemnification of the Special Servicer by such
Independent Contractor, and nothing in this Agreement shall be deemed to limit
or modify such indemnification.

            (c) Promptly following any acquisition by the Special Servicer of an
REO Property on behalf of the Trust Fund, the Special Servicer shall notify the
Servicer thereof, and, upon receipt of such notice, the Special Servicer shall
obtain an Updated Valuation thereof, but only in the event that any Updated
Valuation with respect thereto is more than 12 months old, in order to determine
the fair market value of such REO Property and shall notify the Depositor, the
Servicer, the Bond Administrator of the results of such appraisal. Any such
appraisal shall be conducted in accordance with Appraisal Institute standards
and the cost thereof shall be an expense of the Trust Fund (allocated, to the
Principal Balance Certificates in reverse-sequential order) and, in the case of
the Serviced Whole Loan, the Serviced Companion Loan Noteholders on a pro rata
basis based on the Mortgage Loan's or Serviced Companion Loan's, as applicable,
Stated Principal Balance. The Special Servicer shall obtain a new Updated
Valuation or a letter update every 12 months thereafter until the REO Property
is sold.

            (d) When and as necessary, the Special Servicer shall send to the
Bond Administrator a statement prepared by the Special Servicer setting forth
the amount of net income or net loss, as determined for federal income tax
purposes, resulting from the operation and management of a trade or business on,
the furnishing or rendering of a non-customary service to the tenants of, or the
receipt of any other amount not constituting Rents from Real Property in respect
of, any REO Property in accordance with Sections 3.17(a) and 3.17(b).

            (e) If any Excess Liquidation Proceeds are received, the Bond
Administrator shall establish and maintain the Excess Liquidation Proceeds
Account, which may have one or more subaccounts, to be held in trust for the
benefit of the Certificateholders and, with respect to the Serviced Whole Loan,
the related Serviced Companion Loan Noteholders. Each account that constitutes
an Excess Liquidation Proceeds Account shall be an Eligible Account. On each
Servicer Remittance Date, the Servicer shall withdraw from the Collection
Account or, if allocable to the Serviced Whole Loan, from the Serviced Whole
Loan Collection Account, and remit to the Bond Administrator (i) in the case of
the Mortgage Loans (other than the Serviced Whole Loan), for deposit in the
Lower-Tier Distribution Account (which the Bond Administrator shall then deposit
in the Excess Liquidation Proceeds Account) and (ii) in the case of the Serviced
Whole Loan, for deposit in the Excess Liquidation Proceeds Account, all Excess
Liquidation Proceeds received during the Collection Period ending on the
Determination Date immediately prior to such Servicer Remittance Date which are
allocable to a Mortgage Loan or the Serviced Whole Loan.

            Upon the disposition of any REO Property in accordance with this
Section 3.17, the Special Servicer shall calculate the Excess Liquidation
Proceeds allocable to a Mortgage Loan or the Serviced Whole Loan, if any,
realized in connection with such sale.

            Section 3.18 Sale of Specially Serviced Loans and REO Properties.
(a) Each of the Directing Certificateholder and the Special Servicer (in that
order) may sell or purchase, or permit the sale or purchase of, a Mortgage Loan
(other than a Non-Serviced Mortgage Loan) only on the terms and subject to the
conditions set forth in this Section 3.18 or as otherwise expressly provided in
or contemplated by Section 2.03(b) and Section 9.01 or in an applicable
Co-Lender Agreement or Other Pooling and Servicing Agreement.

            (b) Within 60 days after a Mortgage Loan (other than the
Non-Serviced Mortgage Loans) becomes a Defaulted Mortgage Loan, the Special
Servicer shall determine the fair value of such Mortgage Loan in accordance with
the Servicing Standard; provided, however, that such determination shall be made
without taking into account any effect the restrictions on the sale of such
Mortgage Loan contained herein may have on the value of such Defaulted Mortgage
Loan; provided further, that if the Special Servicer is then in the process of
obtaining a new Appraisal with respect to the related Mortgaged Property, the
Special Servicer shall make its fair value determination as soon as reasonably
practicable (but in any event within 30 days) after its receipt of such new
Appraisal. The Special Servicer shall recalculate, from time to time, but not
less often than every 90 days, its determination of the fair value of a
Defaulted Mortgage Loan based upon changed circumstances, new information or
otherwise, in accordance with the Servicing Standard. The Special Servicer shall
notify the Trustee, the Servicer, each Rating Agency and the Directing
Certificateholder (and with respect to the Tysons Corner Center Whole Loan, the
Directing Certificateholder and each Serviced Companion Loan Noteholder or if
such Serviced Companion Loan has been securitized, the applicable Serviced
Companion Loan Trustee (who shall promptly notify, in writing, the directing
certificateholder (as defined in the related Serviced Companion Loan
Securitization Agreement) of that securitization or analogous party) promptly
upon its fair value determination and any adjustment thereto. In determining the
fair value of any Defaulted Mortgage Loan, the Special Servicer shall take into
account, among other factors, the period and amount of the delinquency on such
Mortgage Loan, the occupancy level and physical condition of the related
Mortgaged Property, the state of the local economy in the area where the
Mortgaged Property is located, and the time and expense associated with a
purchaser's foreclosing on the related Mortgaged Property. In addition, the
Special Servicer shall refer to all other relevant information obtained by it or
otherwise contained in the Mortgage File; provided that the Special Servicer
shall take account of any change in circumstances regarding the related
Mortgaged Property known to the Special Servicer that has occurred subsequent
to, and that would, in the Special Servicer's reasonable judgment, materially
affect the value of the related Mortgaged Property reflected in the most recent
related Appraisal. Furthermore, the Special Servicer may consider available
objective third party information obtained from generally available sources, as
well as information obtained from vendors providing real estate services to the
Special Servicer, concerning the market for distressed real estate loans and the
real estate market for the subject property type in the area where the related
Mortgaged Property is located. The Special Servicer may, to the extent it is
reasonable to do so in accordance with the Servicing Standard, conclusively rely
on any opinions or reports of qualified Independent experts in real estate or
commercial mortgage loan matters with at least five years' experience in valuing
or investing in loans similar to the subject Specially Serviced Loan, selected
with reasonable care by the Special Servicer, in making such determination. All
reasonable costs and expenses incurred by the Special Servicer pursuant to this
Section 3.18(b) shall constitute, and be reimbursable as, Property Advances. The
other parties to this Agreement shall cooperate with all reasonable requests for
information made by the Special Servicer in order to allow the Special Servicer
to perform its duties pursuant to this Section 3.18(b).

            (c) Subject to the terms set forth in Section 2.03 and, with respect
to the Non-Serviced Mortgage Loans, any rights of the related Companion Loan
Noteholder to purchase such Defaulted Mortgage Loan pursuant to the related
Co-Lender Agreement and the related Other Pooling and Servicing Agreement, in
the event a Mortgage Loan (other than the AFR/Bank of America Portfolio Mortgage
Loan and the Meadows Mall Mortgage Loan) becomes a Defaulted Mortgage Loan, the
Directing Certificateholder and the Special Servicer (but only if the Directing
Certificateholder or the Special Servicer, as applicable, is not an affiliate of
the related Mortgage Loan Seller) (in that order) shall have an assignable
option (a "Purchase Option") to purchase such Defaulted Mortgage Loan from the
Trust Fund at a price (the "Option Price") equal to (i) the Repurchase Price, if
the Special Servicer has not yet determined the fair value of the Defaulted
Mortgage Loan, or (ii) the fair value of the Defaulted Mortgage Loan as
determined by the Special Servicer in the manner described in Section 3.18(b)
and in accordance with the Servicing Standard, if the Special Servicer has made
such fair value determination. Any holder of a Purchase Option may sell,
transfer, assign or otherwise convey its Purchase Option with respect to any
Defaulted Mortgage Loan to any party at any time after the related Mortgage Loan
becomes a Defaulted Mortgage Loan. The transferor of any Purchase Option shall
notify the Trustee, the Special Servicer and the Servicer of such transfer and
such notice shall include the transferee's name, address, telephone number,
facsimile number and appropriate contact person(s) and shall be acknowledged in
writing by the transferee. Notwithstanding the foregoing, the Directing
Certificateholder shall have the right to exercise its Purchase Option prior to
any exercise of the Purchase Option by the Special Servicer; provided, however,
if the Purchase Option is not exercised by the Directing Certificateholder or
any assignee thereof within 60 days of a Mortgage Loan becoming a Defaulted
Mortgage Loan, then the Special Servicer shall have the right to exercise its
Purchase Option prior to any exercise by the Directing Certificateholder and the
Special Servicer or its assignee may exercise such Purchase Option at any time
during the 15-day period immediately following the expiration of such 60-day
period. Following the expiration of such 15-day period, the Directing
Certificateholder shall again have the exclusive right to exercise the Purchase
Option. If not exercised earlier, the Purchase Option with respect to any
Defaulted Mortgage Loan will automatically terminate (i) once the related
Defaulted Mortgage Loan is no longer a Defaulted Mortgage Loan; provided,
however, that if such Mortgage Loan subsequently becomes a Defaulted Mortgage
Loan, the related Purchase Option shall again be exercisable after a new fair
value calculation is made pursuant to clause (b) above, (ii) upon the
acquisition, by or on behalf of the Trust Fund, of title to the related
Mortgaged Property through foreclosure or deed in lieu of foreclosure, (iii) the
modification or pay-off, in full or at a discount, of such Defaulted Mortgage
Loan in connection with a workout or (iv) upon a repurchase of a Defaulted
Mortgage Loan by the applicable Mortgage Loan Seller due to the Mortgage Loan
Seller's breach of a representation with respect to such Defaulted Mortgage
Loan. The "Option Price" for any Serviced Companion Loan shall be determined in
the same manner set forth in this Section.

            (d) Upon receipt of notice from the Special Servicer indicating that
a Mortgage Loan has become a Defaulted Mortgage Loan, the holder (whether the
original grantee of such option or any subsequent transferee) of the Purchase
Option may exercise the Purchase Option by providing the Servicer, the Special
Servicer and the Trustee at least five days prior written notice thereof (the
"Purchase Option Notice"), in the form of Exhibit N attached hereto, which
notice shall identify the Person that, on its own or through an Affiliate, will
acquire the related Mortgage Loan upon closing and shall specify a cash exercise
price at least equal to the Option Price. The Purchase Option Notice shall be
delivered in the manner specified in Section 3.18(c). The exercise of any
Purchase Option pursuant to this clause (d) shall be irrevocable.

            (e) If the Special Servicer or, if the Directing Certificateholder
is an affiliate of the Special Servicer, the Directing Certificateholder or any
of their respective Affiliates is identified in the Purchase Option Notice as
the Person expected to acquire the related Mortgage Loan, the Servicer shall
determine (or, if the Special Servicer has made such determination, shall
confirm) the fair value and must retain an appraiser or other Independent third
party (either of whom must be an MAI) (at the expense of the Trust Fund and, in
the case of the Serviced Whole Loan, the Serviced Companion Loan Noteholders on
a pro rata basis based on the Mortgage Loan's or Serviced Companion Loan's, as
applicable, Stated Principal Balance) that the Servicer reasonably believes has
the requisite experience to assist it to determine the fair value (such person,
the "Third Party Appraiser") and obtain from such third party a determination as
soon as reasonably practicable after the Servicer has received the written
notice, of whether the Option Price represents fair value for the Defaulted
Mortgage Loan; provided that, if the Servicer requests the Third Party Appraiser
to perform a new Appraisal with respect to the related Mortgaged Property, then
the Third Party Appraiser retained by the Servicer shall make its fair value
determination with respect to such Mortgage Loan as soon as reasonably
practicable (but in any event within forty-five (45) days) after the completion
of such new Appraisal. Such fair value determination made by the Servicer shall
be made in accordance with the Servicing Standard; provided that, absent
manifest error, the Servicer may conclusively rely on the opinion of the Third
Party Appraiser in making such determination, provided that, in choosing such
Third Party Appraiser the Servicer shall use reasonable care in accordance with
the Servicing Standard. In determining the fair value of any Defaulted Mortgage
Loan, the Third Party Appraiser retained by the Servicer shall take into
account, among other factors, the period and amount of the delinquency on such
Mortgage Loan, the occupancy level and physical condition of the related
Mortgaged Property, the state of the local economy in the area where the
Mortgaged Property is located, and the time and expense associated with a
purchaser's foreclosing on the related Mortgaged Property. In addition, the
Third Party Appraiser retained by the Servicer shall refer to the Servicing
Standard and all other relevant information delivered to it by the Servicer or
otherwise contained in the Mortgage File; provided that the Third Party
Appraiser retained by the Servicer shall take account of any known change in
circumstances regarding the related Mortgaged Property that has occurred
subsequent to, and that would, in its reasonable judgment, materially affect the
value of the related Mortgaged Property. Furthermore, the Third Party Appraiser
retained by the Servicer shall consider all available objective third-party
information obtained from generally available sources, concerning the market for
distressed real estate loans and the real estate market for the subject property
type in the area where the related Mortgaged Property is located. The Third
Party Appraiser retained by the Servicer may rely on the opinion and reports of
other parties in making such determination and on the most current Appraisal
obtained for the related Mortgaged Property pursuant to this Agreement. The
costs of the Third Party Appraiser and all appraisals, inspection reports and
broker opinions of value, reasonably incurred by such Third Party Appraiser or
otherwise incurred pursuant to this subsection shall be advanced by the Servicer
and shall constitute, and be reimbursable as Property Advances (or if such
advance is deemed to be a Nonrecoverable Advance such costs shall be
reimbursable as Trust Fund expenses from the Collection Account pursuant to
Section 3.06(b)) or the Serviced Whole Loan Collection Account pursuant to
Section 3.06(c). The other parties to this Agreement shall cooperate with all
reasonable requests for information.

            (f) Unless and until the Purchase Option with respect to a Defaulted
Mortgage Loan is exercised, the Special Servicer shall pursue such other
resolution strategies available hereunder with respect to such Defaulted
Mortgage Loan, including, without limitation, workout and foreclosure, as the
Special Servicer may deem appropriate consistent with the Servicing Standard;
provided, however, the Special Servicer will not be permitted to sell the
Defaulted Mortgage Loan other than in connection with the exercise of the
related Purchase Option. In connection with the foregoing, the Special Servicer
may charge prospective bidders, and may retain, fees that approximate the
Special Servicer's actual costs in the preparation and delivery of information
pertaining to such sales or evaluating bids without obligation to deposit such
amounts into the Collection Account or in the case of the Serviced Whole Loan,
the Serviced Whole Loan Collection Account or the REO Accounts.

            (g) The Special Servicer shall use reasonable efforts to solicit
offers for each REO Property in such manner as will be reasonably likely to
realize a fair price within the time period provided for by Section 3.17(a). The
Special Servicer (with the consent of the Directing Certificateholder) shall
accept the first (and, if multiple bids are contemporaneously received, highest)
cash bid received from any Person that constitutes a fair price for such REO
Property. If the Special Servicer determines, in its good faith and reasonable
judgment, that it will be unable to realize a fair price for any REO Property
within the time constraints imposed by Section 3.17(a), then the Special
Servicer (with the consent of the Directing Certificateholder) shall dispose of
such REO Property upon such terms and conditions as the Special Servicer shall
deem necessary and desirable to maximize the recovery thereon under the
circumstances and, in connection therewith, shall accept the highest outstanding
cash bid, regardless of from whom received.

            The Special Servicer shall give the Bond Administrator, the
Servicer, the Directing Certificateholder, not less than ten Business Days'
prior written notice of its intention to sell any REO Property, and
notwithstanding anything to the contrary herein, neither the Trustee, in its
individual capacity, nor any of its Affiliates may bid for or purchase any REO
Property pursuant hereto.

            (h) Whether any cash bid constitutes a fair price for any REO
Property, as the case may be, for purposes of Section 3.18(g), shall be
determined by the Special Servicer, if the highest bidder is a Person other than
the Special Servicer, and by the Trustee, if the highest bidder is the Special
Servicer; provided, however, that no bid from an Interested Person shall
constitute a fair price unless (i) it is the highest bid received and (ii) at
least two other bids are received from independent third parties. In determining
whether any offer received from an Interested Person represents a fair price for
any such REO Property, the Trustee shall be supplied with and shall rely on the
most recent appraisal or Updated Appraisal conducted in accordance with this
Agreement within the preceding 12-month period or in the absence of any such
appraisal, on a narrative appraisal prepared by an appraiser selected by the
Special Servicer if the Special Servicer is not making an offer with respect to
an REO Property (or by the Servicer if the Special Servicer is making such an
offer). The cost of any such narrative appraisal shall be covered by, and shall
be reimbursable as, a Property Advance. In determining whether any offer from a
Person other than an Interested Person constitutes a fair price for any such REO
Property, the Special Servicer shall take into account (in addition to the
results of any appraisal, updated appraisal or narrative appraisal that it may
have obtained pursuant to this Agreement within the prior 12 months), and in
determining whether any offer from an Interested Person constitutes a fair price
for any such REO Property, any appraiser shall be instructed to take into
account, as applicable, among other factors, the period and amount of the
occupancy level and physical condition of the Mortgaged Property or REO
Property, the state of the local economy and the obligation to dispose of any
REO Property within the time period specified in Section 3.17(a). The Repurchase
Price for any REO Property shall in all cases be deemed a fair price.

            (i) Subject to subsections (g) and (h) above, the Special Servicer
shall act on behalf of the Trustee in negotiating and taking any other action
necessary or appropriate in connection with the sale of any REO Property, and
the collection of all amounts payable in connection therewith. In connection
therewith, the Special Servicer may charge for its own account prospective
offerors, and may retain, fees that approximate the Special Servicer's actual
costs in the preparation and delivery of information pertaining to such sales or
exchanging offers without obligation to deposit such amounts into the Collection
Account or in the case of the Serviced Whole Loan, the Serviced Whole Loan
Collection Account. Any sale of an REO Property shall be final and without
recourse to the Trustee or the Trust Fund (except such recourse to the Trust
Fund imposed by those representations and warranties typically given in such
transactions, any prorations applied thereto and any customary closing matters),
and if such sale is consummated in accordance with the terms of this Agreement,
none of the Special Servicer, the Servicer, the Depositor, the Bond
Administrator or the Trustee shall have any liability to any Certificateholder
or Serviced Companion Loan Noteholder with respect to the purchase price
therefor accepted by the Special Servicer or the Trustee.

            (j) Any sale of an REO Property shall be for cash only.

            (k) Notwithstanding any of the foregoing paragraphs of this Section
3.18, the Special Servicer shall not be obligated to accept the highest cash
offer if the Special Servicer determines, in its reasonable and good faith
judgment, that rejection of such offer would be in the best interests of the
Certificateholders and, in the case of the Serviced Whole Loan, in the best
interests of the related Serviced Companion Loan Noteholders, and the Special
Servicer may accept a lower cash offer (from any Person other than itself or an
Affiliate) if it determines, in its reasonable and good faith judgment, that
acceptance of such offer would be in the best interests of the
Certificateholders (for example, if the prospective buyer making the lower offer
is more likely to perform its obligations or the terms offered by the
prospective buyer making the lower offer are more favorable) and, in the case of
any Serviced Whole Loan, in the best interests of the related Serviced Companion
Loan Noteholders.

            (l) (i) With respect to the AFR/Bank of America Portfolio Mortgage
Loan, the parties hereto agree and acknowledge that, pursuant to the GMACCM
2003-C3 Pooling and Servicing Agreement, in the event that the controlling class
representative with respect to the commercial mortgage pass-through certificates
issued pursuant to the GMACCM 2003-C3 Pooling and Servicing Agreement and backed
by the AFR/Bank of America Portfolio A-1 Note (the "GMACCM 2003-C3 Controlling
Class Representative") exercises its option to purchase the AFR/Bank of America
Portfolio A-1 Note from the related commercial mortgage securitization trust,
the Directing Certificateholder shall have the right to purchase the AFR/Bank of
America Portfolio Mortgage Loan from the Trust at the purchase price determined
by the AFR/Bank of America Portfolio Special Servicer. Such option shall expire
30 days after the Directing Certificateholder's receipt of notice of the
exercise by such GMACCM 2003-C3 Controlling Class Representative of its purchase
option. In the event that the Directing Certificateholder fails to exercise its
option to purchase the AFR/Bank of America Portfolio Mortgage Loan within such
30-day period, the GMACCM 2003-C3 Controlling Class Representative will be
required to purchase the AFR/Bank of America Portfolio Mortgage Loan from the
Trust pursuant to the GMACCM 2003-C3 Pooling and Servicing Agreement. If the
GMACCM 2003-C3 Controlling Class Representative does not exercise this purchase
option, then GACC, as mortgage loan seller of the AFR/Bank of America Portfolio
A-1 Note, will have the right to exercise the purchase option pursuant to the
GMACCM 2003-C3 Pooling and Servicing Agreement and, if GACC exercises such
option, it will be required to purchase the AFR/Bank of America Portfolio
Mortgage Loan from the Trust.

                  (ii) With respect to the Meadows Mall Mortgage Loan, the
parties hereto agree and acknowledge that, pursuant to the Wachovia 2003-C9
Pooling and Servicing Agreement, such Mortgage Loan as well as the Meadows Mall
Pari Passu Loan may each be subject to a fair value purchase option if the
Meadows Mall Pari Passu Loan becomes a defaulted mortgage loan (in accordance
with the terms of the Wachovia 2003-C9 Pooling and Servicing Agreement). Such
option may be exercised by the controlling class representative with respect to
the commercial mortgage pass-through certificates issued pursuant to the
Wachovia 2003-C9 Pooling and Servicing Agreement (the "Wachovia 2003-C9 Majority
Subordinate Certificateholder") prior to the exercise of such option by any
other holder of such option. If the Wachovia 2003-C9 Majority Subordinate
Certificateholder or its assignee does not exercise such option within 30 days
of the Meadows Mall Pari Passu Loan becoming a defaulted mortgage loan (in
accordance with the terms of the Wachovia 2003-C9 Pooling and Servicing
Agreement), then the Directing Certificateholder will have 30 days thereafter to
exercise such option. In the event that the Wachovia 2003-C9 Majority
Subordinate Certificateholder (or its assignee) or the Directing
Certificateholder fails to exercise their respective option to purchase the
Meadows Mall Whole Loan within the 60 day period following the date that the
Meadows Mall Pari Passu Loan became a defaulted mortgage loan (in accordance
with the terms of the Wachovia 2003-C9 Pooling and Servicing Agreement), then
the Wachovia 2003-C9 Special Servicer (or its assignee) will have 15 days to
exercise such option. After the expiration of this 75-day period following the
time when the Meadows Mall Pari Passu Loan became a defaulted mortgage loan (in
accordance with the terms of the Wachovia 2003-C9 Pooling and Servicing
Agreement), the Wachovia 2003-C9 Majority Subordinate Certificateholder again
will have the right to exercise its fair value purchase option prior to any
exercise of such option by the Wachovia 2003-C9 Special Servicer.

                  If the Wachovia 2003-C9 Majority Subordinate Certificateholder
(or its assignee), the Directing Certificateholder or the Wachovia 2003-C9
Special Servicer (or its assignee) exercises the fair value purchase option with
respect to (i) the Meadows Mall Pari Passu Loan, such Person also shall be
required to purchase the Meadows Mall Mortgage Loan at the fair market value
option price determined in accordance with the Wachovia 2003-C9 Pooling and
Servicing Agreement (the "Wachovia 2003-C9 Option Purchase Price") and (ii) the
Meadows Mall Mortgage Loan, such Person also shall be required to purchase the
Meadows Mall Pari Passu Loan at the Wachovia 2003-C9 Option Purchase Price.

                  (iii) With respect to the Tysons Corner Center Mortgage Loan,
upon such Mortgage Loan becoming a Defaulted Mortgage Loan, the Trustee shall
promptly notify, in writing, each related Serviced Companion Loan Noteholder or
if such Serviced Companion Loan has been securitized, the applicable Serviced
Companion Loan Trustee (who shall promptly notify, in writing, the "directing
certificateholder" (as defined in the related Serviced Companion Loan
Securitization Agreement) of that securitization or analogous party). Upon
receipt of such notice, the related "directing certificateholder" (as defined in
the related Serviced Companion Loan Securitization Agreement) or analogous party
shall have the right, at its option, to purchase its respective Serviced
Companion Loan from the trust established pursuant to the related Serviced
Companion Loan Securitization Agreement for a price equal to the Option Price,
determined in accordance with Section 3.18 hereof, with respect to such Serviced
Companion Loan. Such Purchase Option shall otherwise be on the same terms as the
Purchase Option provided to the Directing Certificateholder in Section 3.18(c)
mutatis mutandis.

            Section 3.19 Additional Obligations of the Servicer and Special
Servicer; Inspections. (a) The Servicer (at its own expense) (or, with respect
to Specially Serviced Loans and REO Properties, the Special Servicer) shall
inspect or cause to be inspected each Mortgaged Property (other than the
Mortgaged Properties securing the Non-Serviced Mortgage Loans) at such times and
in such manner as is consistent with the Servicing Standard, but in any event
shall inspect each Mortgaged Property with an Allocated Loan Amount of (A)
$2,000,000 or more at least once every 12 months and (B) less than $2,000,000 at
least once every 24 months, in each case commencing in 2005 (or at such
decreased frequency as each Rating Agency shall have confirmed in writing to the
Servicer will not result a downgrade, qualification or withdrawal of the
then-current ratings assigned to any Class of the Certificates or class of
Serviced Companion Loan Securities); provided, however, that if any Mortgage
Loan becomes a Specially Serviced Loan, the Special Servicer is required to
inspect or cause to be inspected the related Mortgaged Property as soon as
practicable but in no event less than 60 days after the Mortgage Loan remains a
Specially Serviced Loan. The reasonable cost of each such inspection performed
by the Special Servicer will be paid by the Servicer as a Property Advance or if
such Property Advance would not be recoverable, as an Additional Trust Fund
Expense. The Servicer or the Special Servicer, as applicable, will be required
to prepare a written report of the inspection describing, among other things,
the condition of and any damage to the Mortgaged Property and specifying the
existence of any material vacancies in the Mortgaged Property, any sale,
transfer or abandonment of the Mortgaged Property of which it has actual
knowledge, any material adverse change in the condition of the Mortgaged
Property, or any visible material waste committed on the Mortgaged Property. The
Servicer or Special Servicer, as applicable, shall send to the Rating Agencies
and, upon request, to the Underwriters within 20 days of completion, each
inspection report, unless the Rating Agencies and, upon request, the
Underwriters, as applicable, notify the Servicer or Special Servicer, as
applicable, that it does not want such reports.

            (b) With respect to each Mortgage Loan or Serviced Whole Loan, the
Servicer (or the Special Servicer, in the case of a Specially Serviced Loan)
shall enforce the Trustee's rights with respect to the Manager under the related
Loan Documents and Management Agreement.

            (c) With respect to any Mortgage Loan (other than a Specially
Serviced Loan and a Non-Serviced Mortgage Loan) that has been subject to a
Principal Prepayment and a Prepayment Interest Shortfall (other than (i) as a
result of the payment of Insurance Proceeds or Condemnation Proceeds, (ii)
subsequent to a default under the related Loan Documents (provided, that the
Servicer reasonably believes that acceptance of such prepayment is consistent
with the Servicing Standard), (iii) pursuant to applicable law or a court order
or (iv) at the request of or with the consent of the Directing
Certificateholder) which occurs as a result of the Servicer's allowing the
related Borrower to deviate from the terms of the related Loan Documents
regarding Principal Prepayments, the Servicer shall deliver to the Bond
Administrator on each Servicer Remittance Date for deposit in the Lower-Tier
Distribution Account, without any right of reimbursement therefor, a cash
payment (a "Servicer Prepayment Interest Shortfall"), in an amount equal to the
lesser of (x) the aggregate amount of Prepayment Interest Shortfalls incurred in
connection with Principal Prepayments received in respect of the Mortgage Loans
(other than a Specially Serviced Loan and a Non-Serviced Mortgage Loan) during
the related Collection Period, and (y) the aggregate of (A) that portion of its
Servicing Fees that is being paid in such Collection Period with respect to the
Mortgage Loans (other than a Specially Serviced Loan and a Non-Serviced Mortgage
Loan) and (B) all Prepayment Interest Excess received during the related
Collection Period on the Mortgage Loans (other than a Specially Serviced Loan
and a Non-Serviced Mortgage Loan) serviced by the Servicer; provided, however,
that the rights of the Certificateholders to offset of the aggregate Prepayment
Interest Shortfalls shall not be cumulative.

            (d) The Servicer shall, as to each Mortgage Loan (other than a
Non-Serviced Mortgage Loan) which is secured by the interest of the related
Borrower under a Ground Lease, promptly (and in any event within 45 days) after
the Closing Date notify the related ground lessor of the transfer of such
Mortgage Loan to the Trust pursuant to this Agreement and inform such ground
lessor that any notices of default under the related Ground Lease should
thereafter be forwarded to the Servicer.

            Section 3.20 Authenticating Agent. The Bond Administrator may
appoint an Authenticating Agent to execute and to authenticate Certificates. The
Authenticating Agent must be acceptable to the Servicer and must be a
corporation organized and doing business under the laws of the United States of
America or any state, having a principal office and place of business in a state
and city acceptable to the Servicer, having a combined capital and surplus of at
least $15,000,000, authorized under such laws to do a trust business and subject
to supervision or examination by federal or state authorities. The Bond
Administrator shall serve as the initial Authenticating Agent and the Bond
Administrator hereby accepts such appointment.

            Any corporation into which the Authenticating Agent may be merged or
converted or with which it may be consolidated, or any corporation resulting
from any merger, conversion or consolidation to which the Authenticating Agent
shall be party, or any corporation succeeding to the corporate agency business
of the Authenticating Agent, shall be the Authenticating Agent without the
execution or filing of any paper or any further act on the part of the Bond
Administrator or the Authenticating Agent.

            The Authenticating Agent may at any time resign by giving at least
30 days' advance written notice of resignation to the Bond Administrator, the
Bond Administrator, the Depositor and the Servicer. The Trustee may at any time
terminate the agency of the Authenticating Agent by giving written notice of
termination to the Authenticating Agent, the Depositor and the Servicer. Upon
receiving a notice of resignation or upon such a termination, or in case at any
time the Authenticating Agent shall cease to be eligible in accordance with the
provisions of this Section 3.20, the Bond Administrator may appoint a successor
Authenticating Agent, which shall be acceptable to the Servicer and the
Depositor, and shall mail notice of such appointment to all Certificateholders.
Any successor Authenticating Agent upon acceptance of its appointment hereunder
shall become vested with all the rights, powers, duties and responsibilities of
its predecessor hereunder, with like effect as if originally named as
Authenticating Agent herein. No successor Authenticating Agent shall be
appointed unless eligible under the provisions of this Section 3.20.

            The Authenticating Agent shall have no responsibility or liability
for any action taken by it as such at the direction of the Bond Administrator.
Any compensation paid to the Authenticating Agent shall be an unreimbursable
expense of the Bond Administrator.

            Section 3.21 Appointment of Custodians. The Trustee shall be the
initial Custodian hereunder. The Trustee may appoint one or more Custodians to
hold all or a portion of the Mortgage Files on behalf of the Trustee and
otherwise perform the duties set forth in Article II, by entering into a
Custodial Agreement with any Custodian who is not the Trustee, the Bond
Administrator or the Depositor. The Trustee agrees to comply with the terms of
each Custodial Agreement and to enforce the terms and provisions thereof against
the Custodian for the benefit of the Certificateholders. The Trustee shall not
be liable for any act or omission of the Custodian under the Custodial
Agreement. Each Custodian shall be a depository institution subject to
supervision by federal or state authority, shall have a combined capital and
surplus of at least $10,000,000, shall have a long-term debt rating of at least
"BBB" from S&P, "BBB" from Fitch and "BBB" from DBRS or, if not rated by DBRS,
an equivalent rating such as those listed above by two nationally-recognized
statistical rating organizations, and shall be qualified to do business in the
jurisdiction in which it holds any Mortgage File. Each Custodial Agreement may
be amended only as provided in Section 10.07. Any compensation paid to the
Custodian shall be an unreimbursable expense of the Trustee. If the Custodian is
an entity other than the Trustee, the Custodian shall maintain a fidelity bond
in the form and amount that are customary for securitizations similar to the
securitization evidenced by this Agreement. The Custodian shall be deemed to
have complied with this provision if one of its Affiliates has such fidelity
bond coverage and, by the terms of such fidelity bond, the coverage afforded
thereunder extends to the Custodian. In addition, the Custodian shall keep in
force during the term of this Agreement a policy or policies of insurance
covering loss occasioned by the errors and omissions of its officers and
employees in connection with its obligations hereunder in the form and amount
that are customary for securitizations similar to the securitization evidenced
by this Agreement. All fidelity bonds and policies of errors and omissions
insurance obtained under this Section 3.21 shall be issued by a Qualified
Insurer.

            Section 3.22 Reports to the Securities and Exchange Commission;
Available Information. (a) The Bond Administrator shall prepare, sign and file
(via EDGAR), on behalf of the Depositor, any and all Exchange Act Reports;
provided, however, that the Depositor shall prepare, sign and file with the
Commission the initial Form 8-K relating to the Trust Fund. Each Form 8-K shall
be filed by the Bond Administrator within 15 days after each Distribution Date,
including a copy of the monthly Distribution Date Statement for such
Distribution Date as an exhibit thereto. Each Exchange Act Report consisting of
an Annual Compliance Report shall be prepared as exhibits to an Annual Report on
Form 10-K and filed on or prior to March 31 of each calendar year.

            The Depositor hereby grants to the Bond Administrator a limited
power of attorney to execute and file each such Form 8-K and Form 10-K on behalf
of the Depositor. Such power of attorney shall continue until the earlier of
either (i) receipt by the Bond Administrator from the Depositor of written
termination of such power of attorney and (ii) the termination of the Trust.
Notwithstanding the foregoing, in the event that the Commission does not accept
a Sarbanes-Oxley Certification signed by the Depositor where the related Form
10-K is signed by the Bond Administrator on behalf of the Depositor, the Bond
Administrator shall prepare such Form 10-K to be signed by the Depositor and the
Depositor shall sign such form.

            All reports and notices to be filed by the Bond Administrator, other
than the monthly Distribution Date Statements and those reports available to
Certificateholders and prospective purchasers on the Bond Administrator's
website, shall be delivered by the Servicer to the Bond Administrator no later
than 3 days after each Distribution Date, and shall be in an 80 column text
format suitable for EDGAR filing, or in such other format that is acceptable to
the Bond Administrator from time to time.

            If information for any Exchange Act Report is incomplete by the date
on which such report is required to be filed under the Exchange Act, the Bond
Administrator or, with respect to any Annual Compliance Report relating to the
Servicer or the Special Servicer, the Servicer or the Special Servicer, as
applicable, shall prepare and execute a Form 12b-25 under the Exchange Act and
shall deliver an electronic version of such form to the Bond Administrator. The
Bond Administrator or the Servicer or the Special Servicer, as applicable, shall
file the related report in electronic form when such information is available.

            If the requirements of Section 15(d) of the Exchange Act have not
been met, the Bond Administrator shall suspend filing reports with the
Commission as of fiscal year 2004 and shall file a Form 15 with the Commission
no later than January 31, 2005.

            (b) As and to the extent required by the Sarbanes-Oxley Act of 2002
(the "Sarbanes-Oxley Act") and the rules adopted by the Commission with respect
thereto, all Annual Reports on Form 10-K filed with the Commission shall include
such certification as complies in form and substance with the Sarbanes-Oxley Act
and the rules and regulations promulgated thereunder (such certification, the
"Sarbanes-Oxley Certification"; any party hereto whose officer is to sign, in
accordance with the Sarbanes-Oxley Act and the rules and regulations promulgated
thereunder, any Sarbanes-Oxley Certification with respect to the Trust, a
"Certifying Party"; and any officer who is to sign, in accordance with the
Sarbanes-Oxley Act and the rules and regulations promulgated thereunder, any
Sarbanes-Oxley Certification, a "Certifying Officer"). Upon request of any
Rating Agency, the Bond Administrator shall deliver a copy of such
Sarbanes-Oxley Certification to such Rating Agency.

            (c) The Depositor shall be the Certifying Party with respect to a
Sarbanes-Oxley Certification filed as part of an Annual Report on Form 10-K
relating to the Trust. In connection with the filing of any Annual Report on
Form 10-K with respect to the Trust as contemplated by Section 3.22(a), the
Certifying Party shall, no later than 10 days prior to the date on which the
Bond Administrator has indicated its intention to file such report, cause its
Certifying Officer to execute and deliver to the Bond Administrator, with
respect to the Trust, for filing with such Annual Report on Form 10-K, the
Sarbanes-Oxley Certification that is to be included as part of such Annual
Report on Form 10-K.

            (d) No later than five Business Days prior to any filing of a
Subsequent Exchange Act Report that is to be made with respect to the Trust as
contemplated by Section 3.22(a), the Bond Administrator shall deliver a copy of
such report, together with all exhibits thereto, for review by the Depositor.
Promptly upon receipt of any such report and the accompanying exhibits, the
Depositor shall promptly (and in any event within two Business Days) review such
report and the accompanying exhibits and notify the Bond Administrator of any
material misstatements or omissions relating thereto that come to its attention,
which material misstatements or omissions the Bond Administrator shall correct
(with written evidence of such correction to be sent to the Depositor) prior to
the filing of such report and the accompanying exhibits.

            (e) No later than 10 days prior to the date on which the Bond
Administrator has indicated its intention to file any Annual Report on Form 10-K
with respect to the Trust (but no earlier than March 20 of the year in which
such Annual Report on Form 10-K is to be filed), the Bond Administrator shall
cause the appropriate officer of the Bond Administrator (i.e., the officer
thereof that would have qualified as a Certifying Officer) to execute and
deliver to each Certifying Party and Certifying Officer a certification (a "Bond
Administrator Backup Certification"), which Bond Administrator Backup
Certification shall be in the form of Exhibit O attached hereto. The Bond
Administrator shall indemnify and hold harmless each Certifying Party and
Certifying Officer to whom it delivers any Bond Administrator Backup
Certification for all losses, liabilities, claims, damages, costs and expenses
(including reasonable attorneys' fees and expenses) resulting from a breach of
any certification made in such Bond Administrator Backup Certification, as well
as any other losses, claims, damages, costs and expenses (including reasonable
attorneys' fees and expenses) incurred by such Certifying Party or Certifying
Officer, as the case may be, in connection with the execution and delivery of
the subject Sarbanes-Oxley Certification resulting from the negligence, bad
faith or willful misfeasance of the Bond Administrator in connection with the
performance by the Bond Administrator of its duties hereunder.

            (f) No later than 10 days prior to the date on which the Bond
Administrator has indicated its intention to file any Annual Report on Form 10-K
with respect to the Trust, the Servicer shall execute and deliver to each
Certifying Party and Certifying Officer a certification (a "Servicer Backup
Certification"), which Servicer Backup Certification shall be in the form of
Exhibit P attached hereto. The Servicer shall indemnify and hold harmless each
Certifying Party and Certifying Officer to whom it delivers any Servicer Backup
Certification for all losses, liabilities, claims, damages, costs and expenses
(including reasonable attorneys' fees and expenses) resulting from a breach of
any certification made in such Servicer Backup Certification, as well as any
other losses, claims, damages, costs and expenses (including reasonable
attorneys' fees and expenses) incurred by such Certifying Party or Certifying
Officer, as the case may be, in connection with the execution and delivery of
the subject Sarbanes-Oxley Certification, in each case, resulting from the
negligence, bad faith or willful misfeasance of the Servicer in connection with
the performance by the Servicer of its duties hereunder. In addition, with
respect to the Tysons Corner Center Pari Passu Loans on the date on which the
Servicer Backup Certification is delivered pursuant to the first sentence of
this Section 3.22(f), the Servicer shall provide the Person who signs the
Sarbanes-Oxley certification pursuant to any related Serviced Companion Loan
Securitization Agreement with a Servicer Backup Certification relating solely to
the applicable Tysons Corner Center Pari Passu Loan on which such Person and
such Person's partner, representative, Affiliate, member, manager, director,
officer, employee or agent can rely.

            (g) No later than 10 days prior to the date on which the Bond
Administrator has indicated its intention to file any Annual Report on Form 10-K
(but no earlier than March 20 of the year in which such Annual Report on From
10-K is to be filed) with respect to the Trust, the Special Servicer shall cause
the appropriate officer of the Special Servicer (i.e., the officer thereof that
would have qualified as a Certifying Party) to execute and deliver to each
Certifying Party and Certifying Officer a certification (a "Special Servicer
Backup Certification"), which Special Servicer Backup Certification shall be in
the form of Exhibit Q attached hereto. The Special Servicer shall indemnify and
hold harmless each Certifying Party and Certifying Officer to whom it delivers
any Special Servicer Backup Certification for all losses, liabilities, claims,
damages, costs and expenses (including reasonable attorneys' fees and expenses)
resulting from a breach of its obligation to deliver any such Special Servicer
Backup Certification, as well as any other losses, claims, damages, costs and
expenses (including reasonable attorneys' fees and expenses) incurred by such
Certifying Party or Certifying Officer, as the case may be, in connection with
the execution and delivery of the subject Sarbanes-Oxley Certification resulting
from the negligence, bad faith or willful misfeasance of the Special Servicer in
connection with the performance by the Special Servicer of its duties hereunder.
In addition, with respect to the Tysons Corner Center Pari Passu Loans on the
date on which the Special Servicer Backup Certification is delivered pursuant to
the first sentence of this Section 3.22(g), the Special Servicer shall provide
the Person who signs the Sarbanes-Oxley certification pursuant to any related
Serviced Companion Loan Securitization Agreement with a Special Servicer Backup
Certification relating solely to the applicable Tysons Corner Center Pari Passu
Loan on which such Person and such Person's partner, representative, Affiliate,
member, manager, director, officer, employee or agent can rely.

            (h) The respective parties hereto agree to cooperate with all
reasonable requests made by any Certifying Party or Certifying Officer in
connection with such Person's attempt to conduct any due diligence that such
Person reasonably believes to be appropriate in order to allow it to deliver any
Sarbanes-Oxley Certification or portion thereof with respect to the Trust. In
the event any of the Bond Administrator, the Servicer or the Special Servicer,
as the case may be, is terminated or resigns pursuant to the terms of this
Agreement, such party shall provide a Bond Administrator Certification, Special
Servicer Backup Certification or Special Servicer Backup Certification, as
applicable, to each Certifying Party and Certifying Officer (and the Person who
signs the Sarbanes-Oxley certification pursuant to any Serviced Companion Loan
Securitization Agreement) pursuant to this Section 3.22 with respect to the
period of time such party was subject to this Agreement.

            (i) Unless the other parties hereto receive written notice from the
Bond Administrator to the contrary, the Bond Administrator hereby certifies that
it intends to file any Annual Report on Form 10-K with respect to the Trust for
any particular fiscal year on the last Business Day that is not more than 90
days following the end of such fiscal year. Unless an alternative time period is
provided for in this Agreement, the respective parties hereto shall deliver to
the Bond Administrator, not more than 60 days following the end of such fiscal
year, any items required to be delivered by such party that are to be an exhibit
to such Annual Report on Form 10-K.

            (j) In the event the parties to this Agreement desire to further
clarify or amend any provision of this Section 3.22, this Agreement shall be
amended to reflect the new agreement between the parties covering matters in
this Section 3.22 pursuant to Section 10.07, which amendment shall not require
any Opinion of Counsel or Rating Agency confirmations or the consent of any
Certificateholder or Serviced Companion Loan Noteholder; provided that no such
amendment shall diminish the filing requirements under this Section 3.22 on the
part of the parties to this Agreement, as a collective whole, in contravention
of applicable law; provided, further that each party to this Agreement may make
a decision as to any proposed amendment in accordance with this Section 3.22(j)
in its sole good faith discretion.

            (k) The Servicer shall, in accordance with such reasonable rules and
procedures as it may adopt (which may include the requirement that an agreement
be executed that provides that such information shall be used solely for
purposes of evaluating the investment characteristics of the Certificates and in
accordance with applicable law governing securities and containing customary
confidentiality provisions, to the extent the Servicer deems such an agreement
or provisions to be necessary or appropriate), also make available any
additional information relating to the Mortgage Loans, the Mortgaged Properties
or the Borrowers, for review by the Depositor, the Underwriters, the Rating
Agencies and any other Persons to whom the Servicer believes such disclosure is
appropriate, in each case except to the extent doing so is prohibited by
applicable law or by any related Loan Documents related to a Mortgage Loan.

            (l) The Servicer and the Special Servicer shall make available at
its offices during normal business hours, or send to the requesting party at the
expense of each such requesting party (other than the Bond Administrator, the
Rating Agencies, the Directing Certificateholder and the Depositor) for review
by the Depositor, the Trustee, the Rating Agencies, the Underwriters and any
other Persons to whom the Servicer or the Special Servicer, as applicable,
believes such disclosure to be appropriate the following items: (i) all
financial statements, occupancy information, rent rolls, retail sales
information, average daily room rates and similar information received by the
Servicer or the Special Servicer, as applicable, from each Borrower, (ii) the
inspection reports prepared by or on behalf of the Servicer or the Special
Servicer, as applicable, in connection with the property inspections pursuant to
Section 3.19, (iii) any and all modifications, waivers and amendments of the
terms of a Mortgage Loan entered into by the Servicer or the Special Servicer,
as applicable and (iv) any and all Officers' Certificates and other evidence
delivered to the Bond Administrator and the Depositor to support the Servicer's,
the Special Servicer's or the Trustee's determination that any Advance was, or
if made would be, a Nonrecoverable Advance. Copies of any and all of the
foregoing items shall be available, to the extent in their possession, from the
Servicer or the Special Servicer, as applicable, or the Bond Administrator, as
applicable, upon request.

            (m) Notwithstanding the obligations of the Servicer set forth in the
preceding provisions of this Section 3.22, the Servicer may withhold any
information not yet included in a Form 8-K filed with the Commission or
otherwise made publicly available with respect to which the Bond Administrator
or the Servicer has determined that such withholding is appropriate.

            (n) Notwithstanding any provisions in this Agreement to the
contrary, the Bond Administrator shall not be required to review the content of
any Exchange Act Report for compliance with applicable securities laws or
regulations, completeness, accuracy or otherwise, and the Bond Administrator
shall have no liability with respect to any Exchange Act Report filed with the
Commission or delivered to Certificateholders. None of the Servicer, the Special
Servicer, the Trustee and the Bond Administrator shall be responsible for the
accuracy or completeness of any information supplied by a Borrower or a third
party for inclusion in any Form 8-K, and each of the Servicer, the Special
Servicer, the Trustee and the Bond Administrator, and each of their respective
directors, officers, employees and agents shall be indemnified and held harmless
by the Trust Fund against any loss, liability or expense incurred in connection
with any claim or legal action relating to any misstatement or omission or
alleged misstatement or omission therein. None of the Trustee, the Bond
Administrator, the Special Servicer and the Servicer shall have any
responsibility or liability with respect to any Exchange Act Report filed by the
Depositor, and each of the Servicer, the Special Servicer, the Trustee and the
Bond Administrator shall be indemnified and held harmless by the Trust Fund
against any loss, liability or expense incurred in connection with any claim or
legal action relating to any misstatement or omission or alleged misstatement or
omission therein.

            Section 3.23 Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts. The Servicer shall administer each Lock-Box
Account, Cash Collateral Account, Escrow Account and Reserve Account in
accordance with the related Mortgage or Loan Agreement, Cash Collateral Account
Agreement or Lock-Box Agreement, if any.

            Section 3.24 Property Advances. (a) The Servicer and the Special
Servicer (or, to the extent provided in Section 3.24(c), the Trustee) to the
extent specifically provided for in this Agreement, shall make any Property
Advances as and to the extent otherwise required pursuant to the terms hereof.
For purposes of distributions to Certificateholders and compensation to the
Servicer, the Special Servicer or the Trustee, Property Advances shall not be
considered to increase the Stated Principal Balance of any Mortgage Loan,
notwithstanding that the terms of such Mortgage Loan so provide.

            (b) Notwithstanding anything in this Agreement to the contrary, the
Special Servicer may give the Servicer not less than five Business Days' written
notice with respect to any Property Advance to be made on any Specially Serviced
Loan, before the date on which the Servicer is required to make such Property
Advance with respect to such Specially Serviced Loan; provided, however, that
the Special Servicer shall be required to provide the Servicer with only two
Business Days' written notice in respect of Property Advances required to be
made on an urgent or emergency basis (which may include, without limitation,
Property Advances required to make tax or insurance payments). In addition, in
the event that the Property Advance must be made sooner than the two Business
Days referred to in the previous sentence, the Special Servicer may make such
Property Advances on an emergency basis with respect to any Specially Serviced
Loan.

            (c) The Servicer shall notify the Trustee in writing promptly upon,
and in any event within one Business Day after, becoming aware that it will be
unable to make any Property Advance required to be made pursuant to the terms
hereof, and in connection therewith, shall set forth in such notice the amount
of such Property Advance, the Person to whom it is to be paid, and the
circumstances and purpose of such Property Advance, and shall set forth therein
information and instructions for the payment of such Property Advance, and, on
the date specified in such notice for the payment of such Property Advance, or,
if the date for payment has passed or if no such date is specified, then within
five Business Days following such notice, the Trustee, subject to the provisions
of Section 3.24(d), shall pay the amount of such Property Advance in accordance
with such information and instructions.

            (d) The Special Servicer shall promptly furnish any party required
to make Property Advances hereunder with any information in its possession
regarding the Specially Serviced Loans and REO Properties as such party required
to make Property Advances may reasonably request for purposes of making
recoverability determinations. Any request by the Special Servicer that the
Servicer make a Property Advance shall be deemed to be a determination by the
Special Servicer that such requested Property Advance is not a Nonrecoverable
Property Advance.

            Notwithstanding anything herein to the contrary, no Property Advance
shall be required hereunder if the Person otherwise required to make such
Property Advance determines that such Property Advance would, if made,
constitute a Nonrecoverable Property Advance. In making such recoverability
determination, such Person will be entitled to (i) give due regard to the
existence of any Nonrecoverable Advance or Workout-Delayed Reimbursement Amount
with respect to other Mortgage Loans, the recovery of which, at the time of such
consideration, is being deferred or delayed by the Servicer or the Trustee, as
applicable, in light of the fact that proceeds on the related Mortgage Loan are
a source of recovery not only for the Property Advance under consideration, but
also as a potential source of recovery of such Nonrecoverable Advance or
Workout-Delayed Reimbursement Amount which is being or may be deferred or
delayed and (ii) consider (among other things) only the obligations of the
Borrower under the terms of the related Mortgage Loan (or the Serviced Whole
Loan, as applicable) as it may have been modified, to consider (among other
things) the related Mortgaged Properties in their "as is" or then current
conditions and occupancies, as modified by such party's assumptions (consistent
with the applicable Servicing Standard in the case of the Servicer or the
Special Servicer) regarding the possibility and effects of future adverse change
with respect to such Mortgaged Properties, to estimate and consider (consistent
with the Servicing Standard in the case of the Servicer or the Special Servicer)
(among other things) future expenses and to estimate and consider (among other
things) the timing of recoveries.

            The Servicer, the Special Servicer and the Trustee, as applicable,
shall consider Unliquidated Advances in respect of prior Property Advances for
purposes of nonrecoverability determinations as if such Unliquidated Advances
were unreimbursed Property Advances. If an Appraisal of the related Mortgaged
Property shall not have been obtained within the prior 12 month period (and the
Servicer and the Trustee shall each request any such appraisal from the Special
Servicer prior to ordering an Appraisal pursuant to this sentence) or if such an
Appraisal shall have been obtained but as a result of unforeseen occurrences,
such Appraisal does not, in the good faith determination of the Servicer, the
Special Servicer or the Trustee, reflect current market conditions, and the
Servicer or the Trustee, as applicable, and the Special Servicer cannot agree on
the appropriate downward adjustment to such Appraisal, the Servicer, the Special
Servicer or the Trustee, as the case may be, may, subject to its reasonable and
good faith determination that such Appraisal will demonstrate the
nonrecoverability of the related Advance, obtain an Appraisal for such purpose
at the expense of the Trust Fund (and, in the case of the Serviced Whole Loan,
the Serviced Companion Loan Noteholders on a pro rata basis based on the
Mortgage Loan's or the Serviced Companion Loan's, as applicable, Stated
Principal Balance).

            Any determination by the Servicer, the Special Servicer or the
Trustee that it has made a Nonrecoverable Property Advance or that any proposed
Property Advance, if made, would constitute a Nonrecoverable Property Advance
shall be evidenced in the case of the Servicer or the Special Servicer by a
certificate of a Servicing Officer delivered to the other and to the Trustee,
the Bond Administrator and the Depositor and, in the case of the Trustee, by a
certificate of a Responsible Officer of the Trustee, delivered to the Depositor,
the Bond Administrator, the Servicer and the Special Servicer, which in each
case sets forth such nonrecoverability determination and the considerations of
the Servicer, the Special Servicer or the Trustee, as applicable, forming the
basis of such determination (such certificate accompanied by, to the extent
available, income and expense statements, rent rolls, occupancy status, property
inspections and other information used by the Servicer, the Special Servicer or
the Trustee, as applicable, to make such determination, together with any
existing Appraisal or any Updated Appraisal); provided, however, that the
Special Servicer may, at its option, make a determination in accordance with the
Servicing Standard, that any Property Advance previously made or proposed to be
made is nonrecoverable and shall deliver to the Servicer and the Trustee notice
of such determination. Any such determination shall be conclusive and binding on
the Servicer, the Special Servicer and the Trustee.

            Any such Person may update or change its recoverability
determinations at any time (but not reverse any other Person's determination
that a Property Advance is a Nonrecoverable Advance) and (consistent with the
applicable Servicing Standard in the case of the Servicer or the Special
Servicer) may obtain, at the expense of the Trust (and, in the case of the
Serviced Whole Loan, the Serviced Companion Loan Noteholders on a pro rata basis
based on the Mortgage Loan's or Serviced Companion Loan's, as applicable, Stated
Principal Balance), any analysis, Appraisals or market value estimates or other
information for such purposes. Absent bad faith, any such determination as to
the recoverability of any Property Advance shall be conclusive and binding on
the Certificateholders and the Serviced Companion Loan Noteholders.

            Notwithstanding the above, (i) the Trustee shall be entitled to rely
conclusively on any determination by the Servicer or the Special Servicer, as
applicable, that a Property Advance, if made, would be a Nonrecoverable Property
Advance and (ii) the Servicer will be entitled to rely conclusively on any
nonrecoverability determination of the Special Servicer. The Trustee, in
determining whether or not a Property Advance previously made is, or a proposed
Property Advance, if made, would be, a Nonrecoverable Property Advance shall be
subject to the standards applicable to the Servicer hereunder.

            With respect to the payment of insurance premiums and delinquent tax
assessments, in the event that the Servicer determines that a Property Advance
of such amounts would constitute a Nonrecoverable Advance, the Servicer shall
deliver notice of such determination to the Trustee and the Special Servicer.
Upon receipt of such notice, the Special Servicer shall determine (with the
reasonable assistance of the Servicer) whether the payment of such amount (i) is
necessary to preserve the related Mortgaged Property and (ii) would be in the
best interest of the Certificateholders and, in the case of the Serviced
Companion Loans, the related Serviced Companion Loan Noteholders. If the Special
Servicer determines that the payment of such amount (i) is necessary to preserve
the related Mortgaged Property and (ii) would be in the best interest of the
Certificateholders and, in the case of the Serviced Companion Loans, the related
Serviced Companion Loan Noteholders, the Special Servicer shall direct the
Servicer in writing to make such payment and the Servicer shall make such
payment, to the extent of available funds, from amounts in the Collection
Account or, if the Serviced Whole Loan is involved, from amounts in the Serviced
Whole Loan Collection Account.

            Notwithstanding anything to the contrary contained in this Section
3.24, the Servicer may elect (but shall not be required) to make a payment out
of the Collection Account to pay for certain expenses specified in this sentence
notwithstanding that the Servicer has determined that a Property Advance with
respect to such expenditure would be a Nonrecoverable Property Advance (unless,
with respect to Specially Serviced Loans or REO Loans, the Special Servicer has
notified the Servicer to not make such expenditure), where making such
expenditure would prevent (i) the related Mortgaged Property from being
uninsured or being sold at a tax sale or (ii) any event that would cause a loss
of the priority of the lien of the related Mortgage, or the loss of any security
for the related Mortgage Loan; provided that in each instance, the Servicer
determines in accordance with the Servicing Standard (as evidenced by a
certificate of a Servicing Officer delivered to the Trustee) that making such
expenditure is in the best interest of the Certificateholders (and, if
applicable the Serviced Companion Loan Noteholders), all as a collective whole.
The Servicer may elect to obtain reimbursement of Nonrecoverable Property
Advances from the Trust Fund in accordance with Section 3.06(a).

            (e) The Servicer, the Special Servicer and/or the Trustee, as
applicable, shall be entitled to the reimbursement of Property Advances made by
any of them to the extent permitted pursuant to Section 3.06(b) or 3.06(c), if
applicable, of this Agreement, together with any related Advance Interest Amount
in respect of such Property Advances, and the Servicer, the Special Servicer and
the Trustee each hereby covenant and agree to promptly seek and effect the
reimbursement of such Property Advances from the related Borrowers to the extent
permitted by applicable law and the related Loan Documents.

            The parties acknowledge that, pursuant to the GMACCM 2003-C3 Pooling
and Servicing Agreement and the Wachovia 2003-C9 Pooling and Servicing
Agreement, the GMACCM 2003-C3 Servicer and the Wachovia 2003-C9 Master Servicer
are each obligated to make servicing advances with respect to the AFR/Bank of
America Portfolio Mortgage Loan and Meadows Mall Mortgage Loan, respectively.
The GMACCM 2003-C3 Servicer and the Wachovia 2003-C9 Master Servicer or, to the
extent such party has made an advance, the trustee or fiscal agent or other
Persons making advances under the GMACCM 2003-C3 Pooling and Servicing Agreement
or the Wachovia 2003-C9 Pooling and Servicing Agreement, shall be entitled to
reimbursement for the pro rata portion (based on Stated Principal Balance) of
the related Mortgage Loan with respect to any Property Advance that is
nonrecoverable (with, in each case, any pro rata portion of accrued and unpaid
interest thereon provided for under the GMACCM 2003-C3 Pooling and Servicing
Agreement or the Wachovia 2003-C9 Pooling and Servicing Agreement, as
applicable) in the manner set forth in the GMACCM 2003-C3 Pooling and Servicing
Agreement and the AFR/Bank of America Portfolio Co-Lender Agreement and the
Wachovia 2003-C9 Pooling and Servicing Agreement and the Meadows Mall
Intercreditor Agreement, as applicable.

            Section 3.25 Appointment of Special Servicer. (a) Lennar Partners,
Inc. is hereby appointed as the initial Special Servicer to service each
Specially Serviced Loan.

            (b) Certificateholders owning a majority of the Percentage Interests
in the Controlling Class (including any Certificates held by the Special
Servicer or its Affiliates) shall be entitled to remove the Special Servicer
with or without cause and to appoint a successor Special Servicer with respect
to all or a portion of the Specially Serviced Loans. If there is a Special
Servicer Event of Default, the Special Servicer shall be removed and replaced
pursuant to Sections 7.01(c) and 7.02. The Trustee shall, promptly after
receiving any such removal notice, so notify the Bond Administrator and each
Rating Agency. If the replacement designated in such notice is consented to by
the Trustee (such consent not to be unreasonably withheld), the termination of
the Special Servicer and appointment of a successor Special Servicer pursuant to
this Section 3.25(b) shall not be effective until (i) each Rating Agency
confirms to the Trustee in writing that such appointment, in and of itself,
would not cause a downgrade, qualification or withdrawal of the then-current
ratings assigned to any Class of Certificates or if such successor Special
Servicer shall also specially service the Tysons Corner Center Whole Loan, any
class of Serviced Companion Loan Securities, (ii) the successor special servicer
has assumed all of its responsibilities, duties and liabilities hereunder
pursuant to a writing reasonably satisfactory to the Trustee and (iii) receipt
by the Trustee of an Opinion of Counsel to the effect that (x) the designation
of such replacement to serve as Special Servicer is in compliance with this
Agreement, (y) such replacement will be bound by the terms of this Agreement and
(z) this Agreement will be enforceable against such replacement in accordance
with its terms. Any successor Special Servicer shall make the representations
and warranties provided for in Section 2.04(b) mutatis mutandis.

            The existing Special Servicer shall be deemed to have been removed
simultaneously with such designated Person's becoming the Special Servicer
hereunder; provided, however, that the Special Servicer removed pursuant to this
Section shall be entitled to receive, and shall have received, all amounts
accrued or owing to it under this Agreement on or prior to the effective date of
such resignation and it shall continue to be entitled to any rights that accrued
prior to the date of such resignation (including the right to receive all fees,
expenses and other amounts accrued or owing to it under this Agreement, plus
interest at the Advance Rate on all such amounts until received to the extent
such amounts bear interest as provided in this Agreement, with respect to
periods prior to the date of such removal) notwithstanding any such removal.
Such removed Special Servicer shall cooperate with the Trustee and the
replacement Special Servicer in effecting the termination of the resigning
Special Servicer's responsibilities and rights hereunder, including without
limitation the transfer within two Business Days to the successor Special
Servicer for administration by it of all cash amounts that are thereafter
received with respect to the Mortgage Loans.

            (c) The appointment of any such successor Special Servicer shall not
relieve the Servicer or the Trustee of their respective obligations to make
Advances as set forth herein; provided, however, the Servicer shall not be
liable for any actions or any inaction of such successor Special Servicer. Any
termination fee payable to the terminated Special Servicer (and it is
acknowledged that there is no such fee payable in the event of a termination of
the Servicer as Special Servicer or in the event of a termination for breach of
this Agreement) shall be paid by the Certificateholders so terminating the
Special Servicer and shall not in any event be an expense of the Trust Fund or
any Serviced Companion Loan Noteholder.

            Section 3.26 Transfer of Servicing Between Servicer and Special
Servicer; Record Keeping; Asset Status Report. (a) Upon the occurrence of any
event specified in the definition of Specially Serviced Loan with respect to any
Mortgage Loan (other than a Non-Serviced Mortgage Loan) or Serviced Whole Loan
of which the Servicer has notice, the Servicer shall immediately give notice
thereof to the Special Servicer, the Trustee, the related Mortgage Loan Seller,
the Controlling Class Certificateholders and, if applicable, the related
Serviced Companion Loan Noteholders and shall use its best efforts to provide
the Special Servicer with all information, documents (but excluding the original
documents constituting the Mortgage File) and records (including records stored
electronically on computer tapes, magnetic discs and the like) relating to such
Mortgage Loan or Serviced Whole Loan, as applicable, and reasonably requested by
the Special Servicer to enable it to assume its duties hereunder with respect
thereto without acting through a sub-servicer. The Servicer shall use its best
efforts to comply with the preceding sentence within five Business Days of the
date such Mortgage Loan or Serviced Whole Loan becomes a Specially Serviced Loan
and in any event shall continue to act as Servicer and administrator of such
Mortgage Loan or Serviced Whole Loan until the Special Servicer has commenced
the servicing of such Mortgage Loan or Serviced Whole Loan, which shall occur
upon the receipt by the Special Servicer of the information, documents and
records referred to in the preceding sentence. With respect to each Mortgage
Loan (other than a Non-Serviced Mortgage Loan) or Serviced Whole Loan that
becomes a Specially Serviced Loan, the Servicer shall instruct the related
Borrower to continue to remit all payments in respect of such Mortgage Loan or
Serviced Whole Loan to the Servicer. Notwithstanding the preceding sentence,
with respect to each Mortgage Loan (other than a Non-Serviced Mortgage Loan) or
Serviced Whole Loan that becomes a Specially Serviced Loan, the Special Servicer
may instruct the related Borrower to remit all payments in respect of such
Mortgage Loan or Serviced Whole Loan to the Special Servicer, provided that the
payee in respect of such payments shall remain the Servicer. The Special
Servicer shall remit to the Servicer any such payments received by it pursuant
to the preceding sentence within one Business Day of receipt. The Servicer shall
forward any notices it would otherwise send to the Borrower of a Specially
Serviced Loan to the Special Servicer who shall send such notice to the related
Borrower.

            Upon determining that a Specially Serviced Loan has become a
Corrected Mortgage Loan, the Special Servicer shall immediately give notice
thereof to the Servicer, and upon giving such notice, such Mortgage Loan or
Serviced Whole Loan shall cease to be a Specially Serviced Loan in accordance
with the first proviso of the definition of Specially Serviced Loan, the Special
Servicer's obligation to service such Mortgage Loan or Serviced Whole Loan shall
terminate and the obligations of the Servicer to service and administer such
Mortgage Loan or Serviced Whole Loan as a Mortgage Loan or Serviced Whole Loan
that is not a Specially Serviced Loan shall resume. In addition, if the related
Borrower has been instructed, pursuant to the preceding paragraph, to make
payments to the Special Servicer, upon such determination, the Special Servicer
shall instruct the related Borrower to remit all payments in respect of such
Specially Serviced Loan directly to the Servicer.

            (b) In servicing any Specially Serviced Loan, the Special Servicer
shall provide to the Custodian originals of documents included within the
definition of "Mortgage File" for inclusion in the related Mortgage File (to the
extent such documents are in the possession of the Special Servicer) and copies
of any additional related Mortgage Loan information, including correspondence
with the related Borrower, and the Special Servicer shall promptly provide
copies of all of the foregoing to the Servicer as well as copies of any analysis
or internal review prepared by or for the benefit of the Special Servicer.

            (c) Not later than two Business Days preceding each date on which
the Servicer is required to furnish a report under Section 3.13(a) to the Bond
Administrator, the Special Servicer shall deliver to the Bond Administrator,
with a copy to the Servicer, a written statement describing, on a loan by loan
basis, (i) the amount of all payments on account of interest received on each
Specially Serviced Loan, the amount of all payments on account of principal,
including Principal Prepayments, on each Specially Serviced Loan, the amount of
Net Insurance Proceeds and Net Liquidation Proceeds received with respect to
each Specially Serviced Loan, and the amount of net income or net loss, as
determined from management of a trade or business on, the furnishing or
rendering of a non-customary service to the tenants of, or the receipt of any
rental income that does not constitute Rents from Real Property with respect to
the REO Property relating to each applicable Specially Serviced Loan, in each
case in accordance with Section 3.17 (it being understood and agreed that to the
extent this information is provided in accordance with Section 3.13(f), this
Section 3.26(c) shall be deemed to be satisfied) and (ii) such additional
information relating to the Specially Serviced Loans as the Servicer or the Bond
Administrator reasonably requests to enable it to perform its duties under this
Agreement. Such statement and information shall be furnished to the Servicer in
writing and/or in such electronic media as is acceptable to the Servicer.

            (d) Notwithstanding the provisions of the preceding Section 3.26(c),
the Servicer shall maintain ongoing payment records with respect to each of the
Specially Serviced Loans and shall provide the Special Servicer with any
information reasonably required by the Special Servicer to perform its duties
under this Agreement. The Special Servicer shall provide the Servicer with any
information reasonably required by the Servicer to perform its duties under this
Agreement.

            (e) [Reserved.]

            (f) No later than 30 days after a Mortgage Loan (other than the
Non-Serviced Mortgage Loans) or the Serviced Whole Loan becomes a Specially
Serviced Loan, the Special Servicer shall deliver to each Rating Agency, the
Servicer, the Directing Certificateholder, each related Serviced Companion Loan
Noteholder and upon request, the Underwriters, a report (the "Asset Status
Report") with respect to such Mortgage Loan or Serviced Whole Loan and the
related Mortgaged Property; provided, however, the Special Servicer shall not be
required to deliver an Asset Status Report to the Directing Certificateholder if
they are the same entity. Such Asset Status Report shall set forth the following
information to the extent reasonably determinable:

            (i) date of transfer of servicing of such Mortgage Loan or Whole
      Loan to the Special Servicer;

            (ii) summary of the status of such Specially Serviced Loan and any
      negotiations with the related Borrower;

            (iii) a discussion of the legal and environmental considerations
      reasonably known to the Special Servicer, consistent with the Servicing
      Standard, that are applicable to the exercise of remedies as aforesaid and
      to the enforcement of any related guaranties or other collateral for the
      related Mortgage Loan and whether outside legal counsel has been retained;

            (iv) the most current rent roll and income or operating statement
      available for the related Mortgaged Property;

            (v) the Special Servicer's recommendations on how such Specially
      Serviced Loan might be returned to performing status (including the
      modification of a monetary term, and any work-out, restructure or debt
      forgiveness) and returned to the Servicer for regular servicing or
      foreclosed or otherwise realized upon (including any proposed sale of a
      Defaulted Mortgage Loan or REO Property);

            (vi) a copy of the last obtained Appraisal of the Mortgaged
      Property; and

            (vii) such other information as the Special Servicer deems relevant
      in light of the Servicing Standard.

            If within 10 Business Days of receiving an Asset Status Report, the
Directing Certificateholder (subject to Section 3.31) does not disapprove such
Asset Status Report in writing, the Special Servicer shall implement the
recommended action as outlined in such Asset Status Report; provided, however,
that such Special Servicer may not take any action that is contrary to
applicable law, this Agreement, the Servicing Standard (taking into
consideration in the best interests of all the Certificateholders and, with
respect to the Serviced Whole Loan, the Serviced Companion Loan Noteholders) or
the terms of the applicable Loan Documents. If the Directing Certificateholder
disapproves such Asset Status Report within such 10 Business Day-period, the
Special Servicer will revise such Asset Status Report and deliver to the
Directing Certificateholder, the Rating Agencies and the Servicer a new Asset
Status Report as soon as practicable, but in no event later than 30 Business
Days after such disapproval. The Special Servicer shall revise such Asset Status
Report as described above in this Section 3.26(f) until the Directing
Certificateholder fails to disapprove such revised Asset Status Report in
writing within 10 Business Days of receiving such revised Asset Status Report or
until the Special Servicer makes a determination consistent with the Servicing
Standard, that such objection is not in the best interests of all the
Certificateholders and the related Serviced Companion Loan Noteholders, if
applicable. In any event, if the Directing Certificateholder does not approve an
Asset Status Report within 60 Business Days from the first submission of an
Asset Status Report, the Special Servicer may act upon the most recently
submitted form of Asset Status Report where required to comply with the
Servicing Standard. The Special Servicer may, from time to time, modify any
Asset Status Report it has previously delivered and implement such report,
provided such report shall have been prepared, reviewed and not rejected
pursuant to the terms of this Section, and in particular, shall modify and
resubmit such Asset Status Report to the Directing Certificateholder (with a
copy to the Bond Administrator) if (i) the estimated sales proceeds, foreclosure
proceeds, work-out or restructure terms or anticipated debt forgiveness varies
materially from the amount on which the original report was based or (ii) the
related Borrower becomes the subject of bankruptcy proceedings. Notwithstanding
the foregoing, the Special Servicer (i) may, following the occurrence of an
extraordinary event with respect to the related Mortgaged Property, take any
action set forth in such Asset Status Report before the expiration of a 10
Business Day period if the Special Servicer has reasonably determined that
failure to take such action would materially and adversely affect the interests
of the Certificateholders and, if the Serviced Whole Loan is involved, the
related Serviced Companion Loan Noteholders, as a collective whole, and it has
made a reasonable effort to contact the Directing Certificateholder and, if the
Serviced Whole Loan is involved, the related Serviced Companion Loan Noteholders
and (ii) in any case, shall determine whether such affirmative disapproval is
not in the best interest of all the Certificateholders and, if the Serviced
Whole Loan is involved, the related Serviced Companion Loan Noteholders (as a
collective whole) pursuant to the Servicing Standard, and, upon making such
determination, shall implement the recommended action outlined in the Asset
Status Report.

            The Special Servicer shall have the authority to meet with the
Borrower for any Specially Serviced Loan and take such actions consistent with
the Servicing Standard and the related Asset Status Report. The Special Servicer
shall not take any action inconsistent with the related Asset Status Report,
unless such action would be required in order to act in accordance with the
Servicing Standard, this Agreement, applicable law or the related Loan
Documents.

            No direction of the Directing Certificateholder shall (a) require,
permit or cause the Special Servicer to violate the terms of a Specially
Serviced Loan, applicable law or any provision of this Agreement, including, but
not limited to, Section 3.09, Section 3.18, Section 3.20 and Section 3.29 and
the Special Servicer's obligation to act in accordance with the Servicing
Standard and to maintain the REMIC status of the Loan REMIC, the Lower-Tier
REMIC and the Upper-Tier REMIC, or (b) result in the imposition of a "prohibited
transaction" or "contribution" tax under the REMIC Provisions, or (c) expose the
Servicer, the Special Servicer, the Depositor, the Mortgage Loan Sellers, the
Trust Fund, the Trustee or their respective officers, directors, employees or
agents to any claim, suit or liability or (d) materially expand the scope of the
Special Servicer's, Trustee's, the Bond Administrator's or the Servicer's
responsibilities under this Agreement. The Special Servicer shall not be
required to follow any direction of the Directing Certificateholder described in
this paragraph.

            Notwithstanding the foregoing, the Directing Certificateholder shall
not have any rights to approve or disapprove an Asset Status Report set forth in
this Section 3.26(b) with respect to the Serviced Whole Loan so long as the
related Serviced Companion Loan Noteholders are entitled to exercise the
approval rights with respect to recommended actions pursuant to the related
Co-Lender Agreement.

            Section 3.27 [Reserved].

            Section 3.28 Limitations on and Authorizations of the Servicer and
Special Servicer with Respect to Certain Mortgage Loans. (a) Prior to taking any
action with respect to a Mortgage Loan or the Serviced Whole Loan secured by
Mortgaged Properties located in a "one-action" state, the Servicer or Special
Servicer, as applicable, shall consult with legal counsel, the fees and expenses
of which shall be an expense of the Trust Fund (and, in the case of the Serviced
Whole Loan, the Serviced Companion Loan Noteholders on a pro rata basis based on
the Mortgage Loan's or Serviced Companion Loan's, as applicable, Stated
Principal Balance).

            (b) [Reserved].

            (c) With respect to the Mortgage Loans (other than Non-Serviced
Mortgage Loans) and the Serviced Whole Loan that (i) require earthquake
insurance, or (ii) (A) at the date of origination were secured by Mortgaged
Properties on which the related Borrower maintained earthquake insurance and (B)
have provisions which enable the mortgagee to continue to require the related
Borrower to maintain earthquake insurance, the Servicer shall require the
related Borrower to maintain such insurance in the amount, in the case of clause
(i), required by such Mortgage Loan or Serviced Whole Loan and in the amount, in
the case of clause (ii), maintained at origination, in each case, to the extent
such amounts are available at commercially reasonable rates.

            (d) The Servicer shall send written notice to each Borrower and the
related Manager and clearing bank that, if applicable, the Servicer and/or the
Trustee has been appointed as the "Designee" of the "Lender" under any related
Lock-Box Agreement.

            (e) In connection with the Mortgage Loans known as Shoppes at Grand
Prairie, identified as Loan No. 8 on the Mortgage Loan Schedule, Alpha Office
Building, identified as Loan No. 45 on the Mortgage Loan Schedule, Fountainview
Townhomes, identified as Loan No. 27 on the Mortgage Loan Schedule and Empirian
at Winter Park, identified as Loan No. 11 on the Mortgage Loan Schedule, the
related Borrower was required to escrow funds or post a letter of credit related
to meeting certain performance objectives described in the applicable Loan
Documents, which funds will be released to such Borrower upon the satisfaction
of certain conditions. The Special Servicer shall have sole discretion to
determine whether a Borrower has met such performance objectives and satisfied
such conditions in connection with a release of any funds hereunder to such
Borrower. The Servicer shall, to the extent consistent with the Servicing
Standard, hold such escrows, letters of credit and proceeds thereof as
additional collateral for the related Mortgage Loan and not apply such items to
reduce the Stated Principal Balance of such Mortgage Loan unless otherwise
required to do so pursuant to the applicable Loan Documents, applicable law or
court order.

            (f) If any Mortgage Loan (other than Non-Serviced Mortgage Loans)
provides that the "Lender" with respect thereto is required to purchase U.S.
government obligations on behalf of the related Borrower in connection with any
defeasance of the related Note, the Servicer shall purchase such obligations and
effectuate such defeasance, at the Borrower's expense, in accordance with the
provisions of the related Loan Documents, consistent with the Servicing
Standard; provided that in no event may the Servicer effect such defeasance or
accept a cash payment prior to the identification of such obligations.

            (g) With respect to the Mortgage Loan known as The Watergate/600 New
Hampshire Avenue, identified as Loan No. 3 on the Mortgage Loan Schedule, prior
to changing the Manager at the related Mortgaged Property, the Servicer or the
Special Servicer, as applicable, shall obtain, at the related Borrower's
expense, written confirmation from S&P that such change in Manager would not, in
and of itself, result in a downgrade, qualification or withdrawal of the
then-current ratings assigned to the Certificates.

            (h) The Servicer (together with its employees, officer and
directors) shall not utilize the proprietary and nonpublic information that it
becomes aware of in servicing the Mortgage Loans (other than Non-Serviced
Mortgage Loans) to render advice in connection with, solicit, or otherwise
participate in the refinancing of any Mortgage Loans or Serviced Whole Loan
(whether at maturity or otherwise, unless the related Mortgage Loan Seller
confirms in writing that it will not pursue the refinancing of such Mortgaged
Property). Neither the Servicer nor the Special Servicer shall make its mortgage
loan servicing system available to the Servicer's or the Special Servicer's
affiliates engaged in the commercial mortgage origination business for the
purpose of soliciting additional lending business.

            (i) Without limiting the obligations of the Servicer hereunder with
respect to the enforcement of a Borrower's obligations under the related Loan
Documents, the Servicer agrees that it shall enforce the provisions of the Loan
Documents with respect to the collection of Prepayment Premiums and Yield
Maintenance Charges.

            (j) In the event that a Rating Agency shall charge a fee in
connection with providing confirmation hereunder that a proposed action will not
result in the downgrade, withdrawal, or qualification of any rating assigned to
any Class of Certificates or class of Serviced Companion Loan Securities (if
applicable), the Servicer shall require the related Borrower to pay such fee to
the full extent permitted under the applicable Loan Documents. In the event that
such fee remains unpaid, such fee shall be an expense of the Trust Fund
(allocated as an Additional Trust Fund Expense in the same manner as Realized
Losses as set forth in Section 4.01(f)) and, in the case of the Serviced Whole
Loan, the Serviced Companion Loan Noteholders on a pro rata basis based on the
Mortgage Loan's or Serviced Companion Loan's, as applicable, Stated Principal
Balance, the costs of which may be advanced as a Property Advance.

            Section 3.29 [Reserved].

            Section 3.30 Modifications, Waivers, Amendments and Consents. (a)
Except as set forth in Section 3.03(a) and in this Section, the Servicer shall
not agree to any modification, waiver or amendment of a Mortgage Loan.

            Notwithstanding the foregoing but subject to Section 3.31, with
respect to each Performing Loan, the Servicer may, without confirmation from any
Rating Agency then rating any Certificates or Serviced Companion Loan Securities
(if applicable) or the consent of the Special Servicer or the Controlling
Holder, (i) consent to subordination of the related Mortgage Loan or Serviced
Companion Loan to an easement or right-of-way for utilities, access, parking,
public improvements or another purpose, provided the Servicer shall have
determined in accordance with the Servicing Standard that such easement or
right-of-way shall not materially interfere with the then-current use of the
related Mortgaged Property, or the security intended to be provided by such
Mortgage, the related Borrower's ability to repay the Mortgage Loan or Serviced
Companion Loan, or materially or adversely affect the value of such Mortgaged
Property, (ii) grant waivers of minor covenant defaults (other than financial
covenants) including late financial statements, (iii) grant releases of
non-material parcels of a Mortgaged Property (provided that releases as to which
the related Loan Documents expressly require the mortgagee thereunder to make
such releases upon the satisfaction of certain conditions shall be made as
required by the Loan Documents), (iv) approve or consent to grants of easements
and rights-of-way that do not materially affect the use or value of a Mortgaged
Property or the Borrower's ability to make any payments with respect to the
related Mortgage Loan or Serviced Companion Loan and (v) grant other
non-material waivers, consents, modifications or amendments; provided that any
such modification, waiver or amendment (w) would not in any way affect a payment
term of the related Mortgage Loan or Serviced Companion Loan, (x) would not
constitute a "significant modification" of such Loan pursuant to Treasury
Regulations Section 1.860G-2(b) and would not otherwise constitute an Adverse
REMIC Event with respect to any REMIC, (y) would be consistent with the
Servicing Standard and (z) would not violate the terms, provisions or
limitations of this Agreement or any other document contemplated hereby.

            Other than with respect to modifications, waivers and consents
specifically described in the prior paragraph, the Servicer will forward all
requests (upon the Servicer's receipt of notice of such requests) for
modifications, waivers and consents along with copies of the relevant Loan
Documents to the Special Servicer. The Servicer shall cooperate with the Special
Servicer and shall provide the Special Servicer with any additional information
from the related Mortgage File that the Special Servicer reasonably may request.

            Neither the Servicer nor the Special Servicer shall permit (and, in
the case of a Performing Loan, the Special Servicer shall not consent to the
Servicer's permitting) any Borrower to substitute any Mortgaged Property (or any
portion thereof) for one or more other parcels of real property at any time
unless (A) either (i) such substitution is at the unilateral option of the
Borrower or otherwise occurs automatically pursuant to the terms of the Mortgage
Loan or the Serviced Companion Loan, within the meaning of Treasury Regulations
Section 1.1001-3, or (ii) it has received an Opinion of Counsel to the effect
that such substitution would not be a "significant modification" of the Mortgage
Loan or the Serviced Companion Loan within the meaning of Treasury Regulations
Section 1.860G-2(b) and (B) to the extent not inconsistent with the Loan
Documents, it has received a prior written confirmation from each Rating Agency
that such substitution will not, in and of itself, result in a withdrawal,
downgrade, or qualification of the rating then assigned by such Rating Agency to
any Class of Certificates or class of Serviced Companion Loan Securities, if
applicable, then rated by such Rating Agency.

            (b) If the Special Servicer determines that a modification, waiver
or amendment (including, without limitation, the forgiveness or deferral of
interest or principal or the substitution of collateral pursuant to the terms of
the Mortgage Loan or Serviced Companion Loan or otherwise, the release of
collateral or the pledge of additional collateral) of the terms of a Specially
Serviced Loan with respect to which a payment default or other material default
has occurred or a payment default or other material default is, in the Special
Servicer's judgment, reasonably foreseeable (as evidenced by an Officer's
Certificate of the Special Servicer), is estimated to produce a greater recovery
on a net present value basis (the relevant discounting to be performed at the
related Mortgage Rate or, with respect to the Serviced Whole Loan, at the
weighted average rate of the Mortgage Loan and the Serviced Companion Loans)
than liquidation of such Specially Serviced Loan pursuant to Section 3.18, then
the Special Servicer will be required to agree to such modification, waiver or
amendment of such Specially Serviced Loan, subject to the provisions of this
Section 3.30(b), Section 3.30(c) and Section 3.31.

     Except as set forth in this Section 3.30(b) and Section 3.08 but subject to
Section 3.31, the Special Servicer shall not agree to any modification, waiver
or amendment of a Mortgage Loan or the Serviced Companion Loan, and, except as
provided in the following paragraph, Section 3.08(e) and in Section 3.30(d), no
Mortgage Loan or the Serviced Companion Loan that is not a Specially Serviced
Loan may be modified, waived or amended, provided, that the Special Servicer may
agree to extend the maturity date of a Mortgage Loan (other than a Non-Serviced
Mortgage Loan) or Serviced Companion Loan that is neither a (1) Specially
Serviced Loan nor (2) a Mortgage Loan or Serviced Companion Loan in default or
as to which default is reasonably foreseeable, provided, that, except as
provided in the following sentence, no such extension entered into pursuant to
this Section 3.30(b) shall be permitted to extend the maturity date beyond the
earlier of (i) (A) with respect to each of the Mortgage Loans (other than a
Non-Serviced Mortgage Loan), two years prior to the Rated Final Distribution
Date and (B) with respect to any Serviced Companion Loan, the earlier of the
date specified in the preceding clause (A) and two years prior to the "Rated
Final Distribution Date" of the Serviced Companion Loan Securities, unless 100%
of the then related Serviced Companion Loan Securities have consented to such
extension and (ii) in the case of a Mortgage Loan or Serviced Companion Loan
secured by a leasehold estate and not also the related fee interest, the date
twenty years prior to the expiration of such leasehold estate (or ten years
provided that the Special Servicer shall give due consideration to the remaining
term of the ground lease and that such extension is in the best interest of
Certificateholders (and, in the case of the Serviced Whole Loan, the
Certificateholders and the related Serviced Companion Loan Noteholders)). If
such extension would extend the Maturity Date of a Mortgage Loan or the Serviced
Whole Loan for more than twelve months (but in no event shall such extension
period exceed five years, provided, in each such case, the Special Servicer has
determined that a longer extension period will result in a greater recovery on a
net present value basis for the Trust Fund and, if the Serviced Whole Loan is
involved, the related Serviced Companion Loan Noteholders (as a collective
whole)) from and after the original maturity date of such Mortgage Loan or
Serviced Whole Loan, the Special Servicer must provide the Trustee and the Bond
Administrator with an Opinion of Counsel (at the expense of the related
Borrower) that such extension would not constitute a "significant modification"
of the Loan within the meaning of Treasury Regulations Section 1.860G-2(b).
Notwithstanding the foregoing, the Special Servicer shall not extend any
Mortgage Loan or the Serviced Companion Loans without first sending notice of
such proposed extension to the Directing Certificateholder and, if applicable,
the related Serviced Companion Loan Noteholders, together with its
recommendation and other information reasonably requested by the Directing
Certificateholder and if applicable, the related Serviced Companion Loan
Noteholders, and the Directing Certificateholder (subject to Section 3.31) shall
have ten days after it receives such notice and information to object to such
extension and, if such objection is not made, the Directing Certificateholder
(subject to Section 3.31) shall be deemed to have consented to such extension.
If the Directing Certificateholder (subject to Section 3.31) objects to such
extension, the Special Servicer shall not extend such maturity date and shall
have no liability for any loss caused by the failure to extend such maturity
date; provided, however, that the Special Servicer shall override the Directing
Certificateholder's objection and extend such maturity date if such extension is
required by applicable law or the Servicing Standard.

            Notwithstanding the foregoing but subject to Section 3.31, to the
extent that the related Loan Documents provide that the lender shall be entitled
to approve any material modification, the Special Servicer shall not agree to
any material modification unless (a) the Special Servicer shall have notified
the Directing Certificateholder of the request for such approval of such
material modification and (b) the Directing Certificateholder shall have also
approved such material modification; provided, however, that if the Directing
Certificateholder does not respond to or approve such recommendation within 5
Business Days of its receipt of the Special Servicer's recommendation, then the
material modification shall be deemed approved. The Special Servicer shall not
approve such material modification unless the Borrower shall agree to pay all
fees and costs associated with such material modification (unless such condition
shall have been waived by the Directing Certificateholder).

            Notwithstanding anything to the contrary contained in this Section,
with respect to the Serviced Whole Loan, if and for so long as the Controlling
Holder is not the Directing Certificateholder, then the Special Servicer shall
consult with and obtain the consent of the related Controlling Holder prior to
granting any consent so required by this Agreement to be given by the Directing
Certificateholder in connection with a modification.

            The Special Servicer shall use its reasonable efforts to the extent
possible to cause each Specially Serviced Loan to fully amortize prior to the
Rated Final Distribution Date and shall not agree to a modification, waiver or
amendment of any term of any Specially Serviced Loan if such modification,
waiver or amendment would provide for the deferral of interest unless (a)
interest accrues thereon, generally, at the related Mortgage Rate and (b) the
aggregate amount of such deferred interest does not exceed 10% of the Stated
Principal Balance of the Specially Serviced Loan.

            (c) Any provision of this Section 3.30 to the contrary
notwithstanding, except when a Mortgage Loan or the Serviced Whole Loan is in
default or default with respect thereto is reasonably foreseeable, no fee
described in this Section 3.30(c) shall be collected by any Servicer or Special
Servicer from a Borrower (or on behalf of the Borrower) in conjunction with any
consent to any modification, waiver or amendment of a Mortgage Loan or the
Serviced Whole Loan (unless the amount thereof is specified in the related Note)
to the extent the collection of such fee would cause such consent, modification,
waiver or amendment to be a "significant modification" of the Note within the
meaning of Treasury Regulations Section 1.860G-2(b).

            (d) To the extent consistent with this Agreement, the Special
Servicer may agree to any waiver, modification or amendment of a Mortgage Loan
(other than a Non-Serviced Mortgage Loan) or the Serviced Companion Loan that is
not in default or as to which default is not reasonably foreseeable only if it
provides the Trustee and the Bond Administrator with an Opinion of Counsel (at
the expense of the related Borrower or such other Person requesting such
modification or, if such expense cannot be collected from the related Borrower
or such other Person, to be paid by the Servicer as a Property Advance) to the
effect that the contemplated waiver, modification or amendment (i) will not be a
"significant modification" of the Mortgage Loan within the meaning of Treasury
Regulations Section 1.860G-2(b), (ii) will not cause (x) any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC for
purposes of the Code or (y) any of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC to be subject to any tax under the REMIC Provisions.
Notwithstanding the foregoing, the Servicer may not waive the payment of any
Yield Maintenance Charge or Prepayment Premium without the consent of the
Special Servicer with respect to any Mortgage Loan or Serviced Whole Loan that
is not a Specially Serviced Loan and neither the Servicer nor the Special
Servicer may waive the requirement that any prepayment of a Mortgage Loan or the
Serviced Whole Loan be made on a Due Date or, if not made on a Due Date, be
accompanied by all interest that would be due on the next Due Date with respect
to such Mortgage Loan, provided, further, that any modification, extension,
waiver or amendment of the payment terms of the Serviced Whole Loan shall be
structured so as to be consistent with the allocation and payment priorities set
forth in the related Loan Documents and the related Co-Lender Agreement, such
that neither the Trust as holder of the related Mortgage Loan nor the related
Serviced Companion Loan Noteholders shall gain a priority over the other such
holder with respect to any payment, which priority is not, as of the date of the
related Co-Lender Agreement, reflected in the related Loan Documents and the
related Co-Lender Agreement.

            (e) [Reserved.]

            (f) Subject to Section 3.30(c), the Servicer and the Special
Servicer each may, as a condition to its granting any request by a Borrower for
consent, modification (including extensions), waiver or indulgence or any other
matter or thing, the granting of which is within the Servicer's or the Special
Servicer's, as the case may be, discretion pursuant to the terms of the
instruments evidencing or securing the related Mortgage Loan or Serviced Whole
Loan and is permitted by the terms of this Agreement, require that such Borrower
pay to the Servicer or the Special Servicer, as the case may be, as additional
servicing compensation, a reasonable or customary fee, for the additional
services performed in connection with such request.

            (g) All modifications (including extensions), waivers and amendments
of the Mortgage Loans or Serviced Whole Loan entered into pursuant to this
Section 3.30 shall be in writing, signed by the Servicer or the Special
Servicer, as the case may be, and the related Borrower (and by any guarantor of
the related Mortgage Loan or Serviced Whole Loan, if such guarantor's signature
is required by the Servicer or Special Servicer, as applicable, in accordance
with the Servicing Standard).

            (h) Each of the Servicer and the Special Servicer, as applicable,
shall notify the Rating Agencies, the Trustee, the Bond Administrator, the
Mortgage Loan Sellers (if such Mortgage Loan Seller is not a Servicer or
Subservicer of such Mortgage Loan or Serviced Whole Loan or a
Certificateholder), the Directing Certificateholder, the related Serviced
Companion Loan Noteholders, if applicable, and each other in writing of any
modification, waiver or amendment of any term of any Mortgage Loan or the
Serviced Whole Loan and the date thereof, and shall deliver to the Trustee or
the related Custodian for deposit in the related Mortgage File and, upon
request, to any Serviced Companion Loan Noteholder, an original counterpart of
the agreement relating to such modification, waiver or amendment, promptly (and
in any event within 10 Business Days) following the execution thereof. In
addition, the Special Servicer shall promptly send a copy of such a
modification, waiver or amendment to the Servicer. Within 15 days of the
Servicer's delivery of the aforesaid modification, waiver or amendment to the
Bond Administrator or its receipt from the Special Servicer, as applicable, the
Bond Administrator shall forward a copy thereof, upon request, to any Holder of
a Class J, Class K, Class L, Class M, Class N, Class O and Class P Certificate.

            (i) Notwithstanding the foregoing, the Servicer shall not permit the
substitution of any Mortgaged Property pursuant to the defeasance provisions of
any Mortgage Loan (or any portion thereof) or Serviced Whole Loan, if any,
unless such defeasance complies with Treasury Regulations Section 1.860G-2(a)(8)
and satisfies the conditions set forth in Section 3.09(e).

            (j) Notwithstanding anything herein or in the related Loan Documents
to the contrary, the Servicer may permit the substitution of direct,
non-callable "government securities" within the meaning of Section 2(a)(16) of
the Investment Company Act of 1940, or any other securities that comply with
Treasury Regulations Section 1.860G-2(a)(8) for any Mortgaged Property pursuant
to the defeasance provisions of any Mortgage Loan (other than the Non-Serviced
Mortgage Loans) (or any portion thereof) or Serviced Whole Loan in lieu of the
defeasance collateral specified in the related Loan Documents or, if applicable,
the Serviced Whole Loan; provided that, the Servicer reasonably determines that
allowing their use would not cause a default or event of default under the
related Loan Documents to become reasonably foreseeable and the Servicer
receives an Opinion of Counsel (at the expense of the Borrower to the extent
permitted under the Loan Documents) to the effect that such use would not be and
would not constitute a "significant modification" of such Mortgage Loan or
Serviced Whole Loan pursuant to Treasury Regulations Section 1.860G-2(b) and
would not otherwise endanger the status of any of the Loan REMIC, the Lower-Tier
REMIC or the Upper-Tier REMIC as a REMIC or (ii) result in the imposition of a
tax upon any of the Loan REMIC, the Lower-Tier REMIC, the Upper-Tier REMIC or
the Trust Fund (including but not limited to the tax on "prohibited
transactions" as defined in Section 860F(a)(2) of the Code and the tax on
contributions to a REMIC set forth in Section 860G(d) of the Code, but not
including the tax on "net income from foreclosure property") and provided,
further, that the requirements set forth in Section 3.09(e) are satisfied.

            (k) If required under the related Loan Documents or if otherwise
consistent with the Servicing Standard, the Servicer shall establish and
maintain one or more accounts (the "Defeasance Accounts"), into which all
payments received by the Servicer from any defeasance collateral substituted for
any Mortgaged Property shall be deposited and retained, and shall administer
such Defeasance Accounts in accordance with the Loan Documents. Each Defeasance
Account shall at all times be an Eligible Account. Notwithstanding the
foregoing, in no event shall the Servicer permit such amounts (other than a
nominal amount) to be maintained in the Defeasance Account for a period in
excess of 120 days, unless such amounts are reinvested by the Servicer in
"government securities" within the meaning of Section 2(a)(16) of the Investment
Company Act of 1940, or any other securities that comply with Treasury
Regulations Section 1.860G-2(a)(8). To the extent not required or permitted to
be placed in a separate account, the Servicer shall deposit all payments
received by it from defeasance collateral substituted for any Mortgaged Property
into the Collection Account or, if the Serviced Whole Loan is involved, the
Serviced Whole Loan Collection Account and treat any such payments as payments
made on the Mortgage Loan or Serviced Whole Loan, as applicable, in advance of
its Due Date in accordance with clause (a)(i) of the definition of Available
Distribution Amount, and not as a prepayment of the related Mortgage Loan or
Serviced Companion Loan. Notwithstanding anything herein to the contrary, in no
event shall the Servicer permit such amounts to be maintained in the Collection
Account or, if the Serviced Whole Loan is involved, the Serviced Whole Loan
Collection Account for a period in excess of 365 days.

            (l) In the event the Servicer or Special Servicer determines that a
refusal to consent by the Controlling Holder or any advice from the Controlling
Holder would cause the Servicer or Special Servicer, as applicable, to violate
applicable law, the terms of any Loan Documents, the REMIC Provisions or the
terms of this Agreement, including without limitation, the Servicing Standard,
the Servicer or Special Servicer shall disregard such refusal to consent or
advice and notify the Directing Certificateholder, the Controlling Holder, the
Trustee and the Rating Agencies of its determination, including a reasonably
detailed explanation of the basis therefor.

            Section 3.31 Rights of Holders of the Tysons Corner Center Whole
Loan. (a) Notwithstanding anything to the contrary contained herein (but subject
to Section 3.31), (1) the Servicer and the Special Servicer, as applicable,
shall be required to consult with the Directing Certificateholder and the
Serviced Companion Loan Noteholders about a particular course of action (and, if
so requested, shall consult with them separately) and (2) prior to taking any of
the following actions, the Servicer and the Special Servicer, as applicable,
will be required to notify the Directing Certificateholder and the Serviced
Companion Loan Noteholders of any proposal to take any of such actions (and to
provide such non-proprietary information as may be reasonably requested by and
necessary in the reasonable determination of any such Person in order to make a
judgment, the expense of providing such information to be an expense of the
requesting Person) and to receive the written approval of such Directing
Certificateholder and the Serviced Companion Loan Noteholders in accordance with
the related Co-Lender Agreement with respect to:

                  (A) any modification or amendment of, or waiver with respect
            to, the Tysons Corner Center Whole Loan that would result in the
            extension of the Maturity Date thereof, a reduction in the interest
            rate borne thereby or the Monthly Payment, or any Prepayment
            Premium, exit fee or Yield Maintenance Charge payable thereon or a
            deferral or forgiveness of interest on or principal of the Tysons
            Corner Center Whole Loan, a modification or waiver of any other
            monetary term of the related Loan Documents relating to the timing
            or amount of any payment of principal and interest (other than
            Default Interest) or a modification or waiver of any provision of
            the related Serviced Whole Loan which restricts the related Borrower
            from incurring additional indebtedness or from transferring the
            related Mortgaged Property or any transfer of direct or indirect
            equity interests in the related Borrower;

                  (B) any modification or amendment of, or waiver with respect
            to, the related Loan Documents that would result in a discounted
            pay-off of such Serviced Whole Loan;

                  (C) any foreclosure upon or comparable conversion (which may
            include acquisition of a REO Property) of the ownership of the
            Mortgaged Property securing the Tysons Corner Center Whole Loan, or
            any acquisition of the related Mortgaged Property by deed-in-lieu of
            foreclosure;

                  (D) any proposed or actual sale of the related Mortgaged
            Property or REO Property with respect to the Tysons Corner Center
            Whole Loan;

                  (E) any proposed or actual sale of the Tysons Corner Center
            Whole Loan other than pursuant to (i) Section 3.18 or, with respect
            to the Tysons Corner Center Mortgage Loan, Section 9.01 herein or
            (ii) Section 3.5 of the related Co-Lender Agreement;

                  (F) any release of the related Borrower, any guarantor or
            other obligor from liability with respect to the Tysons Corner
            Center Whole Loan;

                  (G) any determination not to enforce a "due-on-sale" or
            "due-on-encumbrance" clause (unless such clause is not exercisable
            under applicable law or such exercise is reasonably likely to result
            in successful legal action by the related Borrower with respect to
            the Tysons Corner Center Whole Loan) as provided in Section 3.09;

                  (H) any action to bring a related Mortgaged Property or REO
            Property into compliance with Environmental Laws or to otherwise
            address hazardous materials located at the related Mortgaged
            Property or REO Property with respect to the Tysons Corner Center
            Whole Loan;

                  (I) any substitution or release of collateral or acceptance of
            additional collateral including the release of additional collateral
            for the Tysons Corner Center Whole Loan unless required by the
            related Loan Documents (other than any release made in connection
            with the grant of a non-material easement or right-of-way or other
            non-material release such as a "curb-cut");

                  (J) adoption or approval of a plan in a bankruptcy of a
            related Borrower with respect to the Tysons Corner Center Whole
            Loan;

                  (K) consenting to the execution, termination or renewal of any
            "New Lease" or "Lease Modification" (as each such term is defined in
            the related Loan Documents), to the extent the lender's approval is
            required under the related Loan Documents;

                  (L) any renewal or replacement of the then existing insurance
            policies (to the extent the lender's approval is required under the
            related Loan Documents) or any waiver, modification or amendment of
            any insurance requirements under the related Loan Documents; and

                  (M) any consent, waiver or approval with respect to any change
            in the Manager with respect to the Mortgaged Property relating to
            the Tysons Corner Center Whole Loan;

provided, that, if the holders of the Tysons Corner Center Whole Loan (or their
designees) then holding a majority of the Stated Principal Balance of the Tysons
Corner Center Whole Loan are not able to agree on a course of action that
satisfies the Servicing Standard within 30 days (or such shorter period as may
be required by the Loan Documents to the extent the lender's approval is
required) after receipt of a request for consent to any action by the Servicer
or the Special Servicer, as applicable, the Directing Certificateholder shall be
entitled to direct the Servicer or the Special Servicer, as applicable, on a
course of action to follow that satisfies the requirements set forth in this
Agreement (including that such action does not violate the Servicing Standard or
any other provision of the Pooling and Servicing Agreement, the Serviced Whole
Loan or the REMIC Provisions), and the Servicer or the Special Servicer, as
applicable, shall implement the course of action in accordance with the
Servicing Standard.

            (b) Notwithstanding anything contained in this Agreement to the
contrary, no advice, direction or objection from or by any Certificateholder,
the Controlling Holder or any holder of the Tysons Corner Center Whole Loan that
is not a Controlling Holder may (and the Special Servicer and the Servicer shall
ignore and act without regard to any such advice, direction or objection that
the Servicer or the Special Servicer, as applicable, has determined, in its
reasonable, good faith judgment, will) (A) require or cause the Servicer or the
Special Servicer, as applicable, to violate the terms of the related Loan
Documents, applicable law or any provision of this Agreement or the applicable
Co-Lender Agreement, including the Servicer's obligation or the Special
Servicer's obligation to act in accordance with the Servicing Standard and to
maintain the REMIC status of any REMIC or (B) result in the imposition of a
"prohibited transaction" or "contribution" tax under the REMIC Provisions.

            (c) The Controlling Holder shall not owe any fiduciary duty to the
Trustee, the Bond Administrator, the Servicer, any Special Servicer, any
Certificateholder or any Tysons Corner Center Pari Passu Loan Noteholder. The
Controlling Holder will not have any liability to the Certificateholders or any
other Tysons Corner Center Pari Passu Loan Noteholders, for any action taken, or
for refraining from the taking of any action or the giving of any consent, in
good faith pursuant to this Agreement, or for errors in judgment. By its
acceptance of a Certificate, each Certificateholder will be deemed to have
confirmed its understanding that the Controlling Holder may take or refrain from
taking actions that favor the interests of the Controlling Holder over the
Certificateholders or such other Tysons Corner Center Pari Passu Loan
Noteholders, and that such Controlling Holder may have special relationships and
interests that conflict with the interests of the Certificateholders or such
other Tysons Corner Center Pari Passu Loan Noteholders and will be deemed to
have agreed to take no action against such Controlling Holder or any of its
officers, directors, employees, principals or agents as a result of such a
special relationship or conflict, and that such Controlling Holder shall not be
liable by reason of its having acted or refrained from acting solely in the
interests of the Controlling Holder.

            (d) For purposes of this Agreement, at any time that an action is
required to be taken hereunder or under a related Co-Lender Agreement by the
holder of the Tysons Corner Center Mortgage Loan with respect to the Tysons
Corner Center Whole Loan, the Directing Certificateholder shall be entitled to
take such action.

            Section 3.32 [Reserved].

            Section 3.33 Certain Intercreditor Matters Relating to the Whole
Loans. (a) With respect to the Tysons Corner Center Whole Loan, except for those
duties to be performed by, and notices to be furnished by, the Trustee or the
Bond Administrator under this Agreement, the Servicer or the Special Servicer,
as applicable, shall perform such duties and furnish such notices, reports and
information on behalf of the Trust Fund as may be the obligation of the Trust
under the related Co-Lender Agreement.

            (b) With respect to the Tysons Corner Center Mortgage Loan and each
Distribution Date, if the Servicer receives the Monthly Payment on any day after
the related P&I Advance Determination Date but prior to any Distribution Date,
the Servicer shall make a P&I Advance by deposit to the Collection Account on
the Servicer Remittance Date in an amount equal to the Monthly Payment. The
Servicer shall not be entitled to interest accrued on the amount of any such P&I
Advance for the period beginning on the date such P&I Advance is made up to, and
including, the related Distribution Date. With respect to each Tysons Corner
Center Pari Passu Loan, if the Servicer receives the related Monthly Payment on
a date that is less than three Business Days prior to the distribution date
under a Serviced Companion Loan Securitization Agreement, the Servicer shall
provide written notice to the master servicer under each such Serviced Companion
Loan Securitization Agreement as to the amount that the Servicer shall remit to
such master servicer not later than 10:00 a.m. on the following Business Day
that the Servicer received the related Monthly Payment. With respect to the
Balloon Payment on the Tysons Corner Center Whole Loan, if the Servicer receives
such Balloon Payment on a date that is less than three Business Days prior to
the distribution date under a Serviced Companion Loan Securitization Agreement,
the Servicer shall (i) provide written notice to the trustee and master servicer
under each such Serviced Companion Loan Securitization Agreement as to the
amount that the Servicer shall remit to such trustee not later than 10:00 a.m.
on the following Business Day that the Servicer received such Balloon Payment
and (ii) remit the portion of the Balloon Payment allocable to each Tysons
Corner Center Pari Passu Loan (based on its Stated Principal Balance) directly
to the trustee under each such Serviced Companion Loan Securitization Agreement.

            (c) The Servicer shall maintain a register (the "Serviced Companion
Loan Noteholder Register") on which the Servicer will record the names and
addresses of the Serviced Companion Loan Noteholders and wire transfer
instructions for such Serviced Companion Loan Noteholders from time to time, to
the extent such information is provided in writing to the Servicer by a Serviced
Companion Loan Noteholder. Each Serviced Companion Loan Noteholder has agreed to
inform the Servicer of its name, address, taxpayer identification number and
wiring instructions and of any transfer thereof (together with any instruments
of transfer).

            In no event shall the Servicer be obligated to pay any party the
amounts payable to a Serviced Companion Loan Noteholder hereunder other than the
Person listed as the applicable Serviced Companion Loan Noteholder on the
Serviced Companion Loan Noteholder Register. In the event that a Serviced
Companion Loan Noteholder transfers the related Serviced Companion Loan without
notice to the Servicer, the Servicer shall have no liability whatsoever for any
misdirected payment on such Serviced Companion Loan and shall have no obligation
to recover and redirect such payment.

            The Servicer shall promptly provide the names and addresses of any
Serviced Companion Loan Noteholder to any party hereto or any successor thereto
upon written request, and any such party or successor may, without further
investigation, conclusively rely upon such information. The Servicer shall have
no liability to any Person for the provision of any such names and addresses.

            (d) The Servicer shall deliver, or cause to be delivered, to the
Bond Administrator, promptly following receipt from the GMACCM 2003-C3 Servicer,
the GMACCM 2003-C3 Special Servicer, the GMACCM 2003-C3 Trustee or the GMACCM
2003-C3 Serviced Companion Loan Paying Agent and the Wachovia 2003-C9 Servicer,
the Wachovia 2003-C9 Special Servicer, the Wachovia 2003-C9 Trustee or the
Wachovia 2003-C9 Companion Paying Agent, any servicing reports concerning the
AFR/Bank of America Portfolio Whole Loan and the Meadows Mall Whole Loan.

            (e) Promptly following the Closing Date, the Trustee shall send
written notice (in the form of Exhibit V attached hereto), accompanied by a
certified copy of an executed version of this Agreement, (i) with respect to the
AFR/Bank of America Portfolio Mortgage Loan, to each of the GMACCM 2003-C3
Servicer, the GMACCM 2003-C3 Trustee and the GMACCM 2003-C3 Serviced Companion
Loan Paying Agent and (ii) with respect to the Meadows Mall Mortgage Loan, to
each of the Wachovia 2003-C9 Servicer, the Wachovia 2003-C9 Trustee and the
Wachovia 2003-C9 Companion Paying Agent, stating that, as of the Closing Date,
the Trustee is the holder of the AFR/Bank of America Portfolio Mortgage Loan and
the Meadows Mall Mortgage Loan, respectively, and directing the GMACCM 2003-C3
Servicer, the GMACCM 2003-C3 Serviced Companion Loan Paying Agent, the Wachovia
2003-C9 Servicer and the Wachovia 2003-C9 Companion Paying Agent, respectively,
to remit to the Servicer all amounts payable to, and to forward, deliver or
otherwise make available, as the case may be, to the Servicer all reports,
statements, documents, communications and other information that are to be
forwarded, delivered or otherwise made available to, the holder of the AFR/Bank
of America Portfolio Mortgage Loan under the AFR/Bank of America Portfolio
Co-Lender Agreement and the GMACCM 2003-C3 Pooling and Servicing Agreement and
the holder of the Meadows Mall Mortgage Loan under the Meadows Mall
Intercreditor Agreement and the Wachovia 2003-C9 Pooling and Servicing
Agreement. Such notice shall also provide contact information for the Trustee,
the Servicer, the Special Servicer and the Controlling Holder.

            Section 3.34 Certain Matters Relating to the AFR/Bank of America
Portfolio Whole Loan. (a) In the event that any of the GMACCM 2003-C3 Trustee,
the GMACCM 2003-C3 Servicer or the GMACCM 2003-C3 Special Servicer shall be
replaced in accordance with the terms of the GMACCM 2003-C3 Pooling and
Servicing Agreement, promptly upon notice thereof, the Servicer and the Special
Servicer shall acknowledge its successor as the successor to the GMACCM 2003-C3
Trustee, the GMACCM 2003-C3 Servicer or the GMACCM 2003-C3 Special Servicer, as
the case may be.

            (b) The terms set forth in that certain Side Letter Agreement dated
March 17, 2004, addressing certain servicing matters with respect to the
AFR/Bank of America Portfolio Mortgage Loan are incorporated herein by reference
as if set forth herein and, to the extent that the Servicer, the Special
Servicer, the Trustee and/or the Bond Administrator have duties and obligations
under any such Side Letter Agreement, each successor servicer, successor special
servicer, successor trustee and/or successor bond administrator, respectively,
under this Agreement shall perform such duties and satisfy such obligations.

            Section 3.35 Certain Matters Relating to the Meadows Mall Whole
Loan. In the event that any of the Wachovia 2003-C9 Trustee, the Wachovia
2003-C9 Servicer or the Wachovia 2003-C9 Special Servicer shall be replaced in
accordance with the terms of the Wachovia 2003-C9 Pooling and Servicing
Agreement, promptly upon notice thereof, the Servicer and the Special Servicer
shall acknowledge its successor as the successor to the Wachovia 2003-C9
Trustee, the Wachovia 2003-C9 Servicer or the Wachovia 2003-C9 Special Servicer,
as the case may be.

                                   ARTICLE IV

                       DISTRIBUTIONS TO CERTIFICATEHOLDERS

            Section 4.01 Distributions. (a) (i) The initial Lower-Tier Balances
as of any date subsequent to the first Distribution Date, and Pass-Through Rate
on each Class of Lower-Tier Regular Interests shall be as set forth in the
Preliminary Statement and the definition of "Pass-Through Rate."

            (ii) On each Distribution Date, amounts held in the Lower-Tier
      Distribution Account shall be withdrawn (to the extent of the Available
      Funds, including or reduced by, to the extent required by Section 3.05(d),
      the Interest Reserve Amount) in the case of all Classes of Lower-Tier
      Regular Interests (such amount, the "Lower-Tier Distribution Amount") and
      distributions made in respect of any Class of Certificates on each
      Distribution Date pursuant to Section 4.01(b) or Section 9.01 shall be
      deemed to have first been distributed from the Lower-Tier REMIC to the
      Upper-Tier REMIC in respect of its Corresponding Lower-Tier Regular
      Interest set forth in the Preliminary Statement hereto; provided, that
      interest shall be deemed to have been distributed pro rata among two or
      more Corresponding Lower-Tier Regular Interests that correspond to a Class
      of Certificates; and provided, further, that distributions of principal:

                        (1) with respect to the Class A-1 Certificates, shall be
                  deemed to have first been distributed from the Lower-Tier
                  REMIC to the Upper-Tier REMIC in respect of the Class A-1L-1
                  Interest; second, to the Class A-1L-2 Interest; third, to the
                  Class A-1L-3 Interest; fourth, to the Class A-1L-4 Interest,
                  until their respective Lower-Tier Balances are reduced to
                  zero;

                        (2) with respect to the Class A-2 Certificates, shall be
                  deemed to have first been distributed from the Lower-Tier
                  REMIC to the Upper-Tier REMIC in respect of the Class A-2L-1
                  Interest; second, to the Class A-2L-2 Interest; third, to the
                  Class A-2L-3 Interest; fourth, to the Class A-2L-4 Interest;
                  and fifth, to the Class A-2L-5 Interest, until their
                  respective Lower-Tier Balances are reduced to zero;

                        (3) with respect to the Class A-3 Certificates, shall be
                  deemed to have first been distributed from the Lower-Tier
                  REMIC to the Upper-Tier REMIC in respect of the Class A-3L-1
                  Interest; second, to the Class A-3L-2 Interest; third, to the
                  Class A-3L-3 Interest; fourth, to the Class A-3L-4 Interest;
                  and fifth, to the Class A-3L-5 Interest, until their
                  respective Lower-Tier Balances are reduced to zero;

                        (4) with respect to the Class A-4 Certificates, shall be
                  deemed to have first been distributed from the Lower-Tier
                  REMIC to the Upper-Tier REMIC in respect of the Class A-4L-1
                  Interest; second, to the Class A-4L-2 Interest; and third, to
                  the Class A-4L-3 Interest, until their respective Lower-Tier
                  Balances are reduced to zero;

                        (5) with respect to the Class D Certificates, shall be
                  deemed to have first been distributed from the Lower-Tier
                  REMIC to the Upper-Tier REMIC in respect of the Class D-L-1
                  Interest; second, to the Class D-L-2 Interest; and third, to
                  the Class D-L-3 Interest, until their respective Lower-Tier
                  Balances are reduced to zero;

                        (6) with respect to the Class E Certificates, shall be
                  deemed to have first been distributed from the Lower-Tier
                  REMIC to the Upper-Tier REMIC in respect of the Class E-L-1
                  Interest; second, to the Class E-L-2 Interest; and third, to
                  the Class E-L-3 Interest, until their respective Lower-Tier
                  Balances are reduced to zero;

                        (7) with respect to the Class F Certificates, shall be
                  deemed to have first been distributed from the Lower-Tier
                  REMIC to the Upper-Tier REMIC in respect of the Class F-L-1
                  Interest; and second, to the Class F-L-2 Interest in each case
                  until their respective Lower-Tier Balances are reduced to
                  zero;

                        (8) with respect to the Class G Certificates, shall be
                  deemed to have first been distributed from the Lower-Tier
                  REMIC to the Upper-Tier REMIC in respect of the Class G-L-1
                  Interest; second, to the Class G-L-2 Interest; and third, to
                  the Class G-L-3 Interest, in each case until their respective
                  Lower-Tier Balances are reduced to zero;

                        (9) with respect to the Class H Certificates, shall be
                  deemed to have first been distributed from the Lower-Tier
                  REMIC to the Upper-Tier REMIC in respect of the Class H-L-1
                  Interest; and second, to the Class H-L-2 Interest, until their
                  respective Lower-Tier Balances are reduced to zero;

                        (10) with respect to the Class J Certificates, shall be
                  deemed to have first been distributed from the Lower-Tier
                  REMIC to the Upper-Tier REMIC in respect of the Class J-L-1
                  Interest; and second, to the Class J-L-2 Interest, until their
                  respective Lower-Tier Balances are reduced to zero; and

                        (11) with respect to the Class K Certificates, shall be
                  deemed to have first been distributed from the Lower-Tier
                  REMIC to the Upper-Tier REMIC in respect of the Class K-L-1
                  Interest; and second, to the Class K-L-2 Interest in each
                  case, until their respective Lower-Tier Balances are reduced
                  to zero.

            All distributions made in respect of the Class X-1 and Class X-2
Certificates on each Distribution Date pursuant to Section 4.01(b) or Section
9.01, and allocable to any particular Component of such Class of Certificates in
accordance with the last paragraph of Section 4.01(b), shall be deemed to have
first been distributed from the Lower-Tier REMIC to the Upper-Tier REMIC in
respect of such Component's Corresponding Lower-Tier Regular Interest. All
distributions of reimbursements of Realized Losses and Additional Trust Fund
Expenses made in respect of any Class of Principal Balance Certificates on each
Distribution Date pursuant to Section 4.01(b) shall be deemed to have first been
distributed from the Lower-Tier REMIC to the Upper-Tier REMIC in respect of its
Corresponding Lower-Tier Regular Interest set forth in the Preliminary Statement
hereto; provided, however, that distributions of reimbursements of Realized
Losses and Additional Trust Fund Expenses shall be made in sequential order of
the priority set forth in this Section 4.01(a)(ii) for principal distributions,
up to the amount of Realized Losses and Additional Trust Fund Expenses
previously allocated to a particular Component of such Class of Certificates.

            On each Distribution Date, the Bond Administrator shall apply
amounts related to each Prepayment Premium and Yield Maintenance Charge then on
deposit in the Lower-Tier Distribution Account and received during or prior to
the related Collection Period, to the Lower-Tier Regular Interests in proportion
to the Lower-Tier Balances of the Lower-Tier Regular Interests outstanding after
all subsequent adjustments made on such Distribution Date under Section
4.01(a)(ii).

            The Bond Administrator shall be deemed to deposit the Lower-Tier
Distribution Amount and the amount of any Prepayment Premiums and any Yield
Maintenance Charges distributed to the Upper-Tier REMIC pursuant to this Section
4.01(a)(ii) into the Upper-Tier Distribution Account.

            (b) On each Distribution Date occurring prior to the Crossover Date,
the Bond Administrator shall withdraw from the Upper-Tier Distribution Account
the amounts deposited in the Upper-Tier Distribution Account in respect of such
Distribution Date pursuant to Section 4.01(a)(ii), and distribute such amount to
Certificateholders in the amounts and in the order of priority set forth below:

            (i) First, to pay interest, pro rata, on the Class A-1, Class A-2,
      Class A-3, Class A-4 , Class X-1 and Class X-2 Certificates from the
      Available Funds for such Distribution Date up to an amount equal to the
      aggregate Interest Accrual Amount for those Classes, in each case in
      accordance with their respective interest entitlements;

            (ii) Second, pro rata, to the Class A-1, Class A-2, Class A-3, Class
      A-4, Class X-1 and Class X-2 Certificates, in respect of interest, up to
      an amount equal to the aggregate unpaid Class Interest Shortfalls
      previously allocated to such Classes;

            (iii) Third, to the Class A-1, Class A-2, Class A-3 and Class A-4
      Certificates, in reduction of the Certificate Balances thereof: (A) first,
      to the Class A-1 Certificates, in an amount equal to the Principal
      Distribution Amount for such Distribution Date, until the Class A-1
      Certificates are reduced to zero; (B) second, to the Class A-2
      Certificates, in an amount equal to the Principal Distribution Amount (or
      the portion of it remaining after distributions on the Class A-1
      Certificates) for such Distribution Date, until the Class A-2 Certificates
      are reduced to zero; (C) to the Class A-3 Certificates, in an amount equal
      to the Principal Distribution Amount (or the portion of it remaining after
      distributions on the Class A-2 Certificates) for such Distribution Date,
      until the Class A-3 Certificates are reduced to zero; and (D) to the Class
      A-4 Certificates, in an amount equal to the Principal Distribution Amount
      (or the portion of it remaining after distributions on the Class A-3
      Certificates) for such Distribution Date, until the Class A-4 Certificates
      are reduced to zero;

            (iv) Fourth, to the Class A-1, Class A-2, Class A-3 and Class A-4
      Certificates, pro rata, to the extent not distributed pursuant to all
      prior clauses, for the unreimbursed amounts of Realized Losses, if any, an
      amount equal to the aggregate of such unreimbursed Realized Losses
      previously allocated to such Class;

            (v) Fifth, to the Class B Certificates in respect of interest, up to
      an amount equal to the aggregate Interest Accrual Amount of such Class;

            (vi) Sixth, to the Class B Certificates in respect of interest, up
      to an amount equal to the aggregate unpaid Class Interest Shortfalls
      previously allocated to such Class;

            (vii) Seventh, to the Class B Certificates, in reduction of the
      Certificate Balance thereof, an amount equal to the Principal Distribution
      Amount less amounts of Principal Distribution Amount distributed pursuant
      to all prior clauses, until the Certificate Balance of such Class is
      reduced to zero;

            (viii)Eighth, to the Class B Certificates, to the extent not
      distributed pursuant to all prior clauses, for the unreimbursed amounts of
      Realized Losses, if any, an amount equal to the aggregate of such
      unreimbursed Realized Losses previously allocated to such Class;

            (ix) Ninth, to the Class C Certificates in respect of interest, up
      to an amount equal to the aggregate Interest Accrual Amount of such Class;

            (x) Tenth, to the Class C Certificates in respect of interest, up to
      an amount equal to the aggregate unpaid Class Interest Shortfalls
      previously allocated to such Class;

            (xi) Eleventh, to the Class C Certificates in reduction of the
      Certificate Balance thereof, an amount equal to the Principal Distribution
      Amount less the amount of the Principal Distribution Amount distributed
      pursuant to all prior clauses, until the Certificate Balance of such Class
      is reduced to zero;

            (xii) Twelfth, to the Class C Certificates, to the extent not
      distributed pursuant to all prior clauses, for the unreimbursed amounts of
      Realized Losses, if any, up to an amount equal to the aggregate of such
      unreimbursed Realized Losses previously allocated to such Class;

            (xiii)Thirteenth, to the Class D Certificates in respect of
      interest, up to an amount equal to the aggregate Interest Accrual Amount
      of such Class;

            (xiv) Fourteenth, to the Class D Certificates in respect of
      interest, up to an amount equal to the aggregate unpaid Class Interest
      Shortfalls previously allocated to such Class;

            (xv) Fifteenth, to the Class D Certificates, in reduction of the
      Certificate Balance thereof, an amount equal to the Principal Distribution
      Amount less amounts of Principal Distribution Amount distributed pursuant
      to all prior clauses, until the Certificate Balance of such Class is
      reduced to zero;

            (xvi) Sixteenth, to the Class D Certificates, to the extent not
      distributed pursuant to all prior clauses, for the unreimbursed amounts of
      Realized Losses, if any, an amount equal to the aggregate of such
      unreimbursed Realized Losses previously allocated to such Class;

            (xvii)Seventeenth, to the Class E Certificates in respect of
      interest, up to an amount equal to the aggregate Interest Accrual Amount
      of such Class;

            (xviii) Eighteenth, to the Class E Certificates in respect of
      interest, up to an amount equal to the aggregate unpaid Class Interest
      Shortfalls previously allocated to such Class;

            (xix) Nineteenth, to the Class E Certificates in reduction of the
      Certificate Balance thereof, an amount equal to the Principal Distribution
      Amount, less the amount of the Principal Distribution Amount distributed
      pursuant to all prior clauses, until the Certificate Balance of such Class
      is reduced to zero;

            (xx) Twentieth, to the Class E Certificates, to the extent not
      distributed pursuant to all prior clauses, for the unreimbursed amounts of
      Realized Losses, if any, an amount equal to the aggregate of such
      unreimbursed Realized Losses previously allocated to such Class;

            (xxi) Twenty-first, to the Class F Certificates in respect of
      interest, up to an amount equal to the aggregate Interest Accrual Amount
      of such Class;

            (xxii)Twenty-second, to the Class F Certificates in respect of
      interest, up to an amount equal to the aggregate unpaid Class Interest
      Shortfalls previously allocated to such Class;

            (xxiii) Twenty-third, to the Class F Certificates in reduction of
      the Certificate Balance thereof, an amount equal to the Principal
      Distribution Amount less the amount of the Principal Distribution Amount
      distributed pursuant to all prior clauses, until the Certificate Balance
      of such Class is reduced to zero;

            (xxiv)Twenty-fourth, to the Class F Certificates, to the extent not
      distributed pursuant to all prior clauses, for the unreimbursed amounts of
      Realized Losses, if any, an amount equal to the aggregate of such
      unreimbursed Realized Losses previously allocated to such Class;

            (xxv) Twenty-fifth, to the Class G Certificates in respect of
      interest, up to an amount equal to the aggregate Interest Accrual Amount
      of such Class;

            (xxvi)Twenty-sixth, to the Class G Certificates in respect of
      interest, up to an amount equal to the aggregate unpaid Class Interest
      Shortfalls previously allocated to such Class;

            (xxvii) Twenty-seventh, to the Class G Certificates, in reduction of
      the Certificate Balance thereof, an amount equal to the Principal
      Distribution Amount less amounts of Principal Distribution Amount
      distributed pursuant to all prior clauses, until the Certificate Balance
      of such Class is reduced to zero;

            (xxviii) Twenty-eighth, to the Class G Certificates, to the extent
      not distributed pursuant to all prior clauses, for the unreimbursed
      amounts of Realized Losses, if any, an amount equal to the aggregate of
      such unreimbursed Realized Losses previously allocated to such Class;

            (xxix)Twenty-ninth, to the Class H Certificates in respect of
      interest, up to an amount equal to the aggregate Interest Accrual Amount
      of such Class;

            (xxx) Thirtieth, to the Class H Certificates in respect of interest,
      up to an amount equal to the aggregate unpaid Class Interest Shortfalls
      previously allocated to such Class;

            (xxxi)Thirty-first, to the Class H Certificates, in reduction of the
      Certificate Balance thereof, an amount equal to the Principal Distribution
      Amount less amounts of Principal Distribution Amount distributed pursuant
      to all prior clauses, until the Certificate Balance of such Class is
      reduced to zero;

            (xxxii) Thirty-second, to the Class H Certificates, to the extent
      not distributed pursuant to all prior clauses, for the unreimbursed
      amounts of Realized Losses, if any, an amount equal to the aggregate of
      such unreimbursed Realized Losses previously allocated to such Class;

            (xxxiii) Thirty-third, to the Class J Certificates in respect of
      interest, up to an amount equal to the aggregate Interest Accrual Amount
      of such Class;

            (xxxiv) Thirty-fourth, to the Class J Certificates in respect of
      interest, up to an amount equal to the aggregate unpaid Class Interest
      Shortfalls previously allocated to such Class;

            (xxxv)Thirty-fifth, to the Class J Certificates, in reduction of the
      Certificate Balance thereof, an amount equal to the Principal Distribution
      Amount less amounts of Principal Distribution Amount distributed pursuant
      to all prior clauses, until the Certificate Balance of such Class is
      reduced to zero;

            (xxxvi) Thirty-sixth, to the Class J Certificates, to the extent not
      distributed pursuant to all prior clauses, for the unreimbursed amounts of
      Realized Losses, if any, an amount equal to the aggregate of such
      unreimbursed Realized Losses previously allocated to such Class;

            (xxxvii) Thirty-seventh, to the Class K Certificates in respect of
      interest, up to an amount equal to the aggregate Interest Accrual Amount
      of such Class;

            (xxxviii) Thirty-eighth, to the Class K Certificates in respect of
      interest, up to an amount equal to the aggregate unpaid Class Interest
      Shortfalls previously allocated to such Class;

            (xxxix) Thirty-ninth, to the Class K Certificates in reduction of
      the Certificate Balances thereof, an amount equal to the Principal
      Distribution Amount less amounts of the Principal Distribution Amount
      distributed pursuant to all prior clauses, until the Certificate Balance
      of such Class is reduced to zero;

            (xl) Fortieth, to the Class K Certificates, to the extent not
      distributed pursuant to all prior clauses, for the unreimbursed amounts of
      Realized Losses, if any, an amount equal to the aggregate of such
      unreimbursed Realized Losses previously allocated to such Class;

            (xli) Forty-first, to the Class L Certificates in respect of
      interest, up to an amount equal to the aggregate Interest Accrual Amount
      of such Class;

            (xlii)Forty-second, to the Class L Certificates in respect of
      interest, up to an amount equal to the aggregate unpaid Class Interest
      Shortfalls previously allocated to such Class;

            (xliii) Forty-third, to the Class L Certificates in reduction of the
      Certificate Balances thereof, an amount equal to the Principal
      Distribution Amount less amounts of the Principal Distribution Amount
      distributed pursuant to all prior clauses, until the Certificate Balance
      of such Class is reduced to zero;

            (xliv)Forty-fourth, to the Class L Certificates, to the extent not
      distributed pursuant to all prior clauses, for the unreimbursed amounts of
      Realized Losses, if any, an amount equal to the aggregate of such
      unreimbursed Realized Losses previously allocated to such Class;

            (xlv) Forty-fifth, to the Class M Certificates in respect of
      interest, up to an amount equal to the aggregate Interest Accrual Amount
      of such Class;

            (xlvi)Forty-sixth, to the Class M Certificates in respect of
      interest, up to an amount equal to the aggregate unpaid Class Interest
      Shortfalls previously allocated to such Class;

            (xlvii) Forty-seventh, to the Class M Certificates, in reduction of
      the Certificate Balance thereof, an amount equal to the Principal
      Distribution Amount less amounts of Principal Distribution Amount
      distributed pursuant to all prior clauses, until the Certificate Balance
      of such Class is reduced to zero;

            (xlviii) Forty-eighth, to the Class M Certificates, to the extent
      not distributed pursuant to all prior clauses, for the unreimbursed
      amounts of Realized Losses, if any, an amount equal to the aggregate of
      such unreimbursed Realized Losses previously allocated to such Class;

            (xlix)Forty-ninth, to the Class N Certificates in respect of
      interest, up to an amount equal to the aggregate Interest Accrual Amount
      of such Class;

            (l) Fiftieth, to the Class N Certificates in respect of interest, up
      to an amount equal to the aggregate unpaid Class Interest Shortfalls
      previously allocated to such Class;

            (li) Fifty-first, to the Class N Certificates, in reduction of the
      Certificate Balance thereof, an amount equal to the Principal Distribution
      Amount less amounts of Principal Distribution Amount distributed pursuant
      to all prior clauses, until the Certificate Balance of such Class is
      reduced to zero;

            (lii) Fifty-second, to the Class N Certificates, to the extent not
      distributed pursuant to all prior clauses, for the unreimbursed amounts of
      Realized Losses, if any, an amount equal to the aggregate of such
      unreimbursed Realized Losses previously allocated to such Class;

            (liii)Fifty-third, to the Class O Certificates in respect of
      interest, up to an amount equal to the aggregate Interest Accrual Amount
      of such Class;

            (liv) Fifty-fourth, to the Class O Certificates in respect of
      interest, up to an amount equal to the aggregate unpaid Class Interest
      Shortfalls previously allocated to such Class;

            (lv) Fifty-fifth, to the Class O Certificates, in reduction of the
      Certificate Balance thereof, an amount equal to the Principal Distribution
      Amount less amounts of Principal Distribution Amount distributed pursuant
      to all prior clauses, until the Certificate Balance of such Class is
      reduced to zero;

            (lvi) Fifty-sixth, to the Class O Certificates, to the extent not
      distributed pursuant to all prior clauses, for the unreimbursed amounts of
      Realized Losses, if any, an amount equal to the aggregate of such
      unreimbursed Realized Losses previously allocated to such Class;

            (lvii)Fifty-seventh, to the Class P Certificates, in respect of
      interest, up to an amount equal to the Interest Accrual Amount of such
      Class;

            (lviii) Fifty-eighth, to the Class P Certificates, in respect of
      interest, up to an amount equal to the aggregate unpaid Class Interest
      Shortfalls previously allocated to such Class;

            (lix) Fifty-ninth, to the Class P Certificates, in reduction of the
      Certificate Balance thereof, an amount equal to the Principal Distribution
      Amount less amounts of Principal Distribution Amount distributed pursuant
      to all prior clauses until the Certificate Balance of such Class is
      reduced to zero;

            (lx) Sixtieth, to the Class P Certificates, to the extent not
      distributed pursuant to all prior clauses, for the unreimbursed amounts of
      Realized Losses, if any, an amount equal to the aggregate of such
      unreimbursed Realized Losses previously allocated to such Class; and

            (lxi) Sixty-first, to the Class R and Class LR Certificates.

            All references to "pro rata" in the preceding clauses with respect
to interest and Class Interest Shortfalls shall mean pro rata based on the
amount distributable pursuant to such clauses, with respect to distribution of
principal other than for unreimbursed Realized Losses shall mean pro rata based
on Certificate Balance and with respect to distributions with respect to
unreimbursed Realized Losses shall mean pro rata based on the amount of
unreimbursed Realized Losses previously allocated to the applicable Classes.

            All distributions of interest made in respect of the Class X-1 and
Class X-2 Certificates on any Distribution Date pursuant to clause (i) above,
shall be deemed to have been made in respect of all the Components of such
Class, pro rata in accordance with the respective amounts of interest that would
be payable on such Components on such Distribution Date based on the Class X-1
and Class X-2 Strip Rate, as applicable, of such Component multiplied by its
Notional Amount, together with any amounts thereof remaining unpaid from
previous Distribution Dates.

            Notwithstanding the foregoing, on each Distribution Date occurring
on or after the Crossover Date, the Principal Distribution Amount will be
distributed to the Class A-1, Class A-2, Class A-3 and Class A-4 Certificates,
pro rata, based on their respective Certificate Balances, in reduction of their
respective Certificate Balances, until the Certificate Balance of each such
Class is reduced to zero, and any unreimbursed amounts of Realized Losses
previously allocated to such Classes, if available, will be distributed pro rata
based on the amount of unreimbursed Realized Losses previously allocated to such
Classes.

            (c) On each Distribution Date, following the distribution from the
Lower-Tier Distribution Account in respect of the Lower-Tier Regular Interests
pursuant to Section 4.01(a)(ii), the Paying Agent shall make distributions of
any Prepayment Premiums and Yield Maintenance Charges received in the related
Collection Period from amounts deposited in the Upper-Tier Distribution Account
pursuant to Section 3.05(e) among the Class A-1, Class A-2, Class A-3, Class
A-4, Class B, Class C, Class D, Class E, Class F, Class G and Class H
Certificates, with respect to the Certificates of each Class in each case to the
extent remaining amounts of Prepayment Premiums and Yield Maintenance Charges
are available therefor until the Certificate Balances of the Class A-1, Class
A-2, Class A-3, Class A-4, Class B, Class C, Class D, Class E, Class F, Class G
and Class H Certificates have been reduced to zero, and in an aggregate amount
up to the product of (a) such Prepayment Premiums, (b) the applicable Discount
Rate Fraction and (c) the Principal Allocation Fraction of each such Class. Any
remainder of the Prepayment Premiums and Yield Maintenance Charges remaining
after distributions have been made pursuant to the preceding sentence or after
the Certificate Balances of the Class A-1, Class A-2, Class A-3, Class A-4,
Class B, Class C, Class D, Class E, Class F, Class G and Class H Certificates
have been reduced to zero will be distributed 100% to the Holders of the Class
X-1 Certificates. All distributions of Yield Maintenance Charges collected
during the related Collection Period that represent Yield Maintenance Charges
actually collected on the Loan REMIC Loan shall be deemed to be distributed from
the Loan REMIC to the Lower-Tier REMIC in respect of the Loan REMIC Regular
Interest.

            Prepayment Premiums and Yield Maintenance Charges will only be
distributed on a Distribution Date (a) if the respective Certificate Balance or
Notional Balance of the related Class or Classes is greater than zero on the
last Business Day of the Interest Accrual Period ending immediately prior to
such Distribution Date and (b) if the amount computed pursuant to the related
clause above is greater than zero.

            Notwithstanding the foregoing, Prepayment Premiums and Yield
Maintenance Charges shall be distributed on any Distribution Date only to the
extent they are received in respect of the Mortgage Loans in the related
Collection Period.

            (d) [Reserved.]

            (e) On each Distribution Date, the Bond Administrator shall withdraw
amounts from the Excess Liquidation Proceeds Account (or sub-account thereof)
and shall distribute such amounts in the following manner:

            (i) (A) from amounts in the Excess Liquidation Proceeds Account
      allocable to a Mortgage Loan (other than the Tysons Corner Center Mortgage
      Loan), to reimburse the Holders of the Principal Balance Certificates (in
      the order set forth in Section 4.01(b)) up to an amount equal to all
      Realized Losses and Additional Trust Fund Expenses, if any, previously
      allocated to them and unreimbursed after application of Available Funds
      for such Distribution Date and (B) from amounts in the Excess Liquidation
      Proceeds Account allocable to the Serviced Whole Loan, to reimburse the
      Holders of the Principal Balance Certificates, with respect to amounts
      allocable to the Tysons Corner Center Mortgage Loan and, the Serviced
      Companion Loan Noteholders, with respect to amounts allocable to the
      Serviced Companion Loans, on a pro rata basis based on the Mortgage Loan's
      and each Serviced Companion Loan's Stated Principal Balance, up to an
      amount equal to all Realized Losses and Additional Trust Fund Expenses, if
      any, previously allocated to them and unreimbursed after application of
      Available Funds for such Distribution Date; and

            (ii) any amounts remaining in the Excess Liquidations Proceeds
      Account after such distributions on any Distribution Date that (a) are
      allocable to the Mortgage Loans, shall be applied to offset future
      Realized Losses and Additional Trust Fund Expenses and, upon termination
      of the Trust Fund, any amounts remaining in the Excess Liquidations
      Proceeds Account (other than amounts allocable to the Serviced Whole Loan)
      shall be distributed by the Bond Administrator to the Class LR
      Certificates; and (b) are allocable to the Serviced Companion Loans, shall
      be remitted within one Business Day after each such Distribution Date by
      the Bond Administrator to the Servicer (which shall remit to the Serviced
      Companion Loan Noteholders in accordance with Section 3.05(g)).

      Amounts paid with respect to the Mortgage Loans from the Excess
      Liquidation Proceeds Account pursuant to the preceding clauses (i) and
      (ii) shall first be deemed to have been distributed to the Lower-Tier
      Regular Interests in reimbursement of Realized Losses and Additional Trust
      Fund Expenses previously allocated thereto (and, if the Mortgage Loan that
      incurred such Realized Loss or Additional Trust Fund Expense is the Loan
      REMIC Loan, the Loan REMIC Balance of the Loan REMIC Regular Interest).
      Amounts paid from the Excess Liquidation Proceeds Account will not reduce
      the Certificate Balances of the Principal Balance Certificates receiving
      such distributions.

            (f) On each Distribution Date, immediately following the
distributions to be made on such date pursuant to this Section 4.01(b) and the
allocation of Class Interest Shortfalls, the Bond Administrator shall calculate
the amount, if any, of Realized Losses. Any allocation of Realized Losses to a
Class of Regular Certificates (other than the Class X-1 and Class X-2
Certificates) shall be made by reducing the Certificate Balance thereof by the
amount so allocated. Any Realized Losses allocated to a Class of Regular
Certificates (other than the Class X-1 and Class X-2 Certificates) shall be
allocated among the respective Certificates of such Class in proportion to the
Percentage Interests evidenced thereby. The allocation of Realized Losses shall
constitute an allocation of losses and other shortfalls experienced by the Trust
Fund. Reimbursement of previously allocated Realized Losses will not constitute
distributions of principal for any purpose and will not result in an additional
reduction in the Certificate Balance of the Class of Certificates in respect of
which any such reimbursement is made. To the extent any Nonrecoverable Advances
(plus interest thereon) that were reimbursed from principal collections on the
Mortgage Loans and previously resulted in a reduction of the Principal
Distribution Amount are subsequently recovered on the related Mortgage Loan, the
amount of such recovery will be added to the Certificate Balance of the Class or
Classes of Certificates that previously were allocated Realized Losses, in
sequential order, in each case up to the amount of the unreimbursed Realized
Losses allocated to such Class. If the Certificate Balance of any Class is so
increased, the amount of unreimbursed Realized Losses of such Class shall be
decreased by such amount.

            The Certificate Balances of each Class of Principal Balance
Certificates will be reduced without distribution on any Distribution Date as a
write-off to the extent of any Realized Losses allocated to such Class with
respect to such date. Any such write-offs will be applied to Classes of Regular
Certificates (other than the Class X-1 and Class X-2 Certificates) in the
following order, in each case until the Certificate Balance of such Class is
reduced to zero: first, to the Class P Certificates, second, to the Class O
Certificates; third, to the Class N Certificates; fourth, to the Class M
Certificates; fifth, to the Class L Certificates; sixth, to the Class K
Certificates; seventh, to the Class J Certificates; eighth, to the Class H
Certificates; ninth, to the Class G Certificates; tenth, to the Class F
Certificates; eleventh, to the Class E Certificates; twelfth, to the Class D
Certificates; thirteenth, to the Class C Certificates; fourteenth, to the Class
B Certificates; and finally, to the Class A-1, Class A-2, Class A-3 and Class
A-4 Certificates, pro rata, based on their respective Certificate Balances. Any
amounts recovered in respect of amounts previously written off as Realized
Losses shall be distributed to the Classes of Certificates described above in
reverse order of allocation of Realized Losses thereto in accordance with
Section 4.01(b). Additional Trust Fund Expenses and shortfalls in Available
Funds due to extraordinary expenses of the Trust Fund (including indemnification
expenses), a reduction in the Mortgage Rate on a Mortgage Loan by a bankruptcy
court pursuant to a plan of reorganization or pursuant to any of its equitable
powers, or otherwise, shall be treated as and allocated in the same manner as
Realized Losses.

            Realized Losses, Additional Trust Fund Expenses and such other
amounts described above which are applied to each Class of Certificates will be
allocated to reduce the Lower-Tier Balance of the Lower-Tier Regular Interests
in the same manner as principal is allocated thereto pursuant to Section
4.01(a)(ii) and, if the Mortgage Loan that incurred such Realized Loss or
Additional Trust Fund Expense is the Loan REMIC Loan, the Loan REMIC Balance of
the Loan REMIC Regular Interest.

            (g) All amounts distributable to a Class of Certificates pursuant to
this Section 4.01 on each Distribution Date shall be allocated pro rata among
the outstanding Certificates in each such Class based on their respective
Percentage Interests. Such distributions shall be made on each Distribution Date
other than the Termination Date to each Certificateholder of record on the
related Record Date, by wire transfer of immediately available funds to the
account of such Holder at a bank or other entity located in the United States
and having appropriate facilities therefor provided that such Holder shall have
provided the Paying Agent with wire instructions in writing at least five
Business Days prior to the related Record Date, or, otherwise, by check mailed
by first class mail to the address set forth therefor in the Certificate
Register. The final distribution on each Certificate shall be made in like
manner, but only upon presentment and surrender of such Certificate at the
office of the Bond Administrator or its agent (which may be the Paying Agent or
the Certificate Registrar acting as such agent) that is specified in the notice
to Holders of such final distribution.

            (h) Except as otherwise provided in Section 9.01 with respect to an
Anticipated Termination Date, the Bond Administrator shall, no later than the
fifteenth day of the month in the month preceding the month in which the final
distribution with respect to any Class of Certificates is expected to be made,
mail to each Holder of such Class of Certificates on such date a notice to the
effect that:

                  (A) the Bond Administrator reasonably expects based upon
            information previously provided to it that the final distribution
            with respect to such Class of Certificates will be made on such
            Distribution Date, but only upon presentation and surrender of such
            Certificates at the office of the Bond Administrator therein
            specified, and

                  (B) if such final distribution is made on such Distribution
            Date, no interest shall accrue on such Certificates from and after
            such Distribution Date;

provided, however, that the Class R and Class LR Certificates shall remain
outstanding until there is no other Class of Certificates, Lower-Tier Regular
Interests or Loan REMIC Regular Interest outstanding.

            Any funds not distributed to any Holder or Holders of such Classes
of Certificates on such Distribution Date because of the failure of such Holder
or Holders to tender their Certificates shall, on such date, be set aside and
held in trust for the benefit of the appropriate non-tendering Holder or
Holders. If any Certificates as to which notice has been given pursuant to this
Section 4.0l(h) shall not have been surrendered for cancellation within six
months after the time specified in such notice, the Bond Administrator shall
mail a second notice to the remaining non-tendering Holders to surrender their
Certificates for cancellation to receive the final distribution with respect
thereto. If within one year after the second notice not all of such Certificates
shall have been surrendered for cancellation, the Bond Administrator may,
directly or through an agent, take appropriate steps to contact the remaining
non-tendering Holders concerning surrender of their Certificates. The costs and
expenses of holding such funds in trust and of contacting such Holders shall be
paid out of such funds. If within two years after the second notice any such
Certificates shall not have been surrendered for cancellation, the Paying Agent
shall pay to the Bond Administrator all amounts distributable to the Holders
thereof, and the Bond Administrator shall thereafter hold such amounts for the
benefit of such Holders until the earlier of (i) its termination as Bond
Administrator hereunder and the transfer of such amounts to a successor bond
administrator and (ii) the termination of the Trust Fund and distribution of
such amounts to the Class R Certificateholders. No interest shall accrue or be
payable to any Holder on any amount held in trust hereunder or by the Bond
Administrator as a result of such Holder's failure to surrender its
Certificate(s) for final payment thereof in accordance with this Section
4.01(h). Any such amounts transferred to the Bond Administrator may be invested
in Permitted Investments and all income and gain realized from investment of
such funds shall be for the benefit of the Trustee.

            (i) Shortfalls in Available Funds resulting from Excess Prepayment
Interest Shortfalls shall be allocated to and be deemed distributed to, each
Class of Certificates, pro rata, based upon the Interest Accrual Amount
distributable to each such Class prior to reduction by such Excess Prepayment
Interest Shortfalls. Servicer Prepayment Interest Shortfalls shall be deposited
by the Servicer into the Collection Account on or prior to the Servicer
Remittance Date.

            (j) All payments made on the Loan REMIC Loan (or beneficial
interests in the related REO Property) which is an asset of the Loan REMIC shall
be deemed to be paid to the Lower-Tier REMIC before payments are made to the
holders of the Lower-Tier Regular Interests pursuant to Section 4.01(a)(ii), and
shall be treated as principal, interest, Prepayment Premiums or Yield
Maintenance Charges, as the case may be, based on these characterizations with
respect to the Loan REMIC Loan (or REO Property), except where expressly noted
and, in addition, any payment of principal on, or Realized Loss with respect to,
the Loan REMIC Loan shall reduce the Stated Principal Balance of the Loan REMIC
Regular Interest. Any payments on or with respect to the Loan REMIC Loan which
is an asset of the Loan REMIC in excess of the principal, interest, Prepayment
Premiums and Yield Maintenance Charges distributable on the Loan REMIC Regular
Interest shall be distributable to the Class LR Certificate in respect of
amounts distributed on the Loan REMIC Residual Interest to the extent provided
in the Loan REMIC Declaration; provided, that Excess Liquidation Proceeds with
respect to the Loan REMIC Loan shall be deemed distributed to such Interest and
immediately deposited in the Excess Liquidation Proceeds Account.

            Section 4.02 Statements to Certificateholders; Reports by Bond
Administrator; Other Information Available to the Holders and Others. (a) On
each Distribution Date, the Bond Administrator shall make available to the
general public a statement (substantially in the form of set forth as Exhibit K
attached hereto and based on the information set forth in the CMSA Reporting
Package prepared by the Servicer and the other reports prepared by the Servicer
and Special Servicer relating to such Distribution Date, upon which information
the Bond Administrator may conclusively rely, in accordance with CMSA
guidelines) as to distributions made on such Distribution Date (each, a
"Distribution Date Statement") setting forth (with respect to each Class of
Certificates) the following information:

            (i) the aggregate amount of the distribution to be made on such
      Distribution Date to the Holders of each Class of Certificates (other than
      the Class X-1, Class X-2, Class R and Class LR Certificates) applied to
      reduce the respective Certificate Balance thereof;

            (ii) the aggregate amount of the distribution to be made on such
      Distribution Date to the Holders of each Class of Certificates allocable
      to (A) the Interest Accrual Amount and/or (B) Prepayment Premiums;

            (iii) the aggregate Certificate Balance or aggregate Notional
      Balance, as the case may be, of each Class of Certificates, before and
      after giving effect to the distributions made on such Distribution Date,
      separately identifying any reduction in the aggregate Certificate Balance
      (or, if applicable, the aggregate Notional Balance) of each such Class due
      to Realized Losses and/or Additional Trust Fund Expenses;

            (iv) the Pass-Through Rate for each Class of Certificates applicable
      to such Distribution Date and the next succeeding Distribution Date;

            (v) the Available Funds for such Distribution Date;

            (vi) the amount of the distribution on such Distribution Date to the
      Holders of such Class of Certificates allocable to Yield Maintenance
      Charges;

            (vii) the number and related Stated Principal Balance of any
      Mortgage Loans extended or modified during the related Collection Period,
      on a loan-by-loan basis;

            (viii)a loan-by-loan listing of each Mortgage Loan which was
      defeased during the related Collection Period;

            (ix) the balance of the Interest Reserve Account on the Servicer
      Remittance Date;

            (x) with respect to the Mortgage Pool, the number of Mortgage Loans,
      their aggregate Stated Principal Balance, the weighted average remaining
      term to maturity and weighted average Mortgage Rate of the Mortgage Loans
      at the close of business on the related Due Date to such Distribution
      Date;

            (xi) the number and aggregate Stated Principal Balance of the
      Mortgage Loans (A) delinquent 30-59 days, (B) delinquent 60-89 days, (c)
      delinquent 90 days or more, (D) that are Specially Serviced Loans that are
      not delinquent, or (E) current, but not Specially Serviced, as to which
      foreclosure proceedings have been commenced, but not REO Property;

            (xii) with respect to any REO Loan as to which the related Mortgaged
      Property became an REO Property during the preceding calendar month, the
      city, state, property type, latest Debt Service Coverage Ratio, Stated
      Principal Balance and the Stated Principal Balance of such Mortgage Loan
      as of the date each became an REO Loan;

            (xiii)as to any Mortgage Loan repurchased by a Mortgage Loan Seller
      or otherwise liquidated or disposed of during the related Collection
      Period, (A) the Loan Number of the related Mortgage Loan and (B) the
      amount of proceeds of any repurchase of a Mortgage Loan, Liquidation
      Proceeds and/or other amounts, if any, received thereon during the related
      Collection Period and the portion thereof included in the Available Funds
      for such Distribution Date;

            (xiv) with respect to any REO Property included in the Trust Fund at
      the close of business on the related Due Date (A) the Loan Number of the
      related Mortgage Loan, (B) the value of such REO Property based on the
      most recent Appraisal or valuation;

            (xv) with respect to any REO Property sold or otherwise disposed of
      during the related Collection Period and for which a Final Recovery
      Determination has been made, (A) the Loan Number of the related Mortgage
      Loan, (B) the Realized Loss attributable to such Mortgage Loan, (C) the
      amount of sale proceeds and other amounts, if any, received in respect of
      such REO Property during the related Collection Period and the portion
      thereof included in the Available Funds for such Distribution Date, (D)
      the date of the Final Recovery Determination and (E) the balance of the
      Excess Liquidations Proceeds Account for such Distribution Date;

            (xvi) a loan-by-loan listing of each Mortgage Loan which was the
      subject of a Principal Prepayment (other than Liquidation Proceeds and
      Insurance Proceeds) during the related Collection Period and the amount of
      Principal Prepayment occurring, together with the aggregate amount of
      Principal Prepayments made during the related Collection Period and any
      Excess Prepayment Interest Shortfall for such Distribution Date;

            (xvii)the amount of Property Advances and P&I Advances outstanding
      (net of reimbursed Advances) which have been made by the Servicer, the
      Special Servicer or the Trustee in the aggregate and by Mortgaged Property
      or Mortgage Loan, as the case may be;

            (xviii) the aggregate amount of Trustee Fees, Servicing Fees,
      Special Servicing Fees, Workout Fees, Liquidation Fees and other servicing
      compensation retained by or paid to the Servicer, the Special Servicer,
      the Trustee and the Bond Administrator during the related Collection
      Period;

            (xix) the amount of any Appraisal Reduction Amounts allocated during
      the related Collection Period on a loan-by-loan basis; the total Appraisal
      Reduction Amounts allocated during the related Collection Period; and the
      total Appraisal Reduction Amounts as of such Distribution Date on a
      loan-by-loan basis; and

            (xx) the amount of Realized Losses, Additional Trust Fund Expenses
      and Class Interest Shortfalls, if any, incurred with respect to the
      Mortgage Loans during the related Collection Period and in the aggregate
      for all prior Collection Periods (except to the extent reimbursed or
      paid).

            In the case of information furnished pursuant to subclauses (i),
(ii), (iii), (vi) and (xix) above, the amounts shall be expressed as a dollar
amount in the aggregate for all Certificates of each applicable Class and per
$1,000 of original Certificate Balance or Notional Balance, as the case may be.

            On each Distribution Date, the Bond Administrator shall make
available to each Holder of a Class R or Class LR Certificate a copy of the
reports made available to the other Certificateholders on such Distribution Date
and a statement setting forth the amounts, if any, actually distributed with
respect to the Class R or Class LR Certificates (including, in the case of the
Class LR Certificates, amounts distributed (or deemed distributed, in the case
of Excess Liquidation Proceeds on the Loan REMIC Loan) in respect of the Loan
REMIC Residual Interest) on such Distribution Date. Such obligation of the Bond
Administrator shall be deemed to have been satisfied to the extent that it
provided substantially comparable information pursuant to any requirements of
the Code as from time to time in force.

            Within a reasonable period of time after the end of each calendar
year, the Bond Administrator shall furnish to each Person who at any time during
the calendar year was a Certificateholder of record, a report summarizing on an
annual basis (if appropriate) the items provided to Certificateholders pursuant
to clauses (i) and (ii) above as to the applicable Class, aggregated for such
calendar year or applicable portion thereof during which such person was a
Certificateholder, together with such other information as may be required to
enable such Certificateholders to prepare their federal income tax returns. Such
information shall include the amount of original issue discount accrued on each
Class of Certificates held by Persons other than Holders exempted from the
reporting requirements and information regarding the expenses of the Trust Fund.
Such requirement shall be deemed to be satisfied to the extent such information
is provided pursuant to applicable requirements of the Code from time to time in
force.

            (b) On each Distribution Date, the Bond Administrator shall make
available to the general public via its internet website located at
"www.etrustee.net" (i) the related Distribution Date Statement (in the form of
Exhibit K attached hereto), (ii) to the extent received from the Servicer, the
CMSA Loan Periodic Update File (including the Monthly Additional Report on
Recoveries and Reimbursements), CMSA Loan Setup File, CMSA Bond Level File and
CMSA Collateral Summary File and (iii) as a convenience (and not in furtherance
of the distribution thereof under the securities laws), the Prospectus and this
Agreement and any other information requested by the Depositor.

            (c) On each Distribution Date beginning in April 2004, the Bond
Administrator shall make available to any Privileged Person via its internet
website (as described above), to the extent received from the Servicer, to any
Privileged Person, the Underwriters and the Initial Purchasers via its internet
website, the CMSA Supplemental Servicer Reports, the CMSA Property File, the
CMSA Financial File, the Paid After Determination Date Report and any other
information requested by the Depositor. The information that pertains to
Specially Serviced Loans and REO Properties reflected in such reports shall be
based solely upon the reports delivered by the Special Servicer to the Servicer
four Business Days prior to the related Servicer Remittance Date.

            (d) The information contained in the reports in the preceding
paragraph of this Section 4.02 shall be made available to the Bond Administrator
electronically by the Servicer in the form of, or reflected in, the CMSA
Reporting Package, the CMSA Reports and the Paid After Determination Date
Report, and the Bond Administrator will make such reports available via its
internet website (as described above); provided, however, that the Bond
Administrator will provide Certificateholders with a written copy of such
reports upon request in the manner described in such preceding paragraph.

            (e) The Bond Administrator makes no representations or warranties as
to the accuracy or completeness of any report, document or other information
made available on its Internet website and assumes no responsibility therefor.
In addition, the Bond Administrator may disclaim responsibility for any
information distributed by it for which it is not the original source. The Bond
Administrator shall not be responsible for the accuracy or completeness of any
information supplied to it by the Servicer or Special Servicer that is included
in any reports, statements, materials or information prepared or provided by the
Servicer or Special Servicer, as applicable, and the Bond Administrator shall be
entitled to conclusively rely upon the Servicer's reports and the Special
Servicer's reports without any duty or obligation to recompute, verify or
re-evaluate any of the amounts or other information stated therein. In
connection with providing access to the Bond Administrator's Internet website,
the Bond Administrator may require registration and the acceptance of a
disclaimer. The Bond Administrator shall not be liable for the dissemination of
information in accordance herewith.

            (f) The Servicer may, at its sole cost and expense, make available
by electronic media, bulletin board service or Internet website (in addition to
making information available as provided herein) the CMSA Reporting Package, the
Monthly Additional Report on Recoveries and Reimbursements, the Paid After
Determination Date Report and any other reports or other information the
Servicer is required or permitted to provide to any party to this Agreement, the
Rating Agencies or any Certificateholder or prospective Certificateholder to the
extent such action does not conflict with the terms of this Agreement, the terms
of the Mortgage Loans or applicable law. Notwithstanding this paragraph, the
availability of such information or reports on the Internet or similar
electronic media shall not be deemed to satisfy any specific delivery
requirements in this Agreement except as set forth herein. In connection with
providing access to the Servicer's Internet website, the Servicer shall take
reasonable measures to ensure that only such parties listed above may access
such information including, without limitation, requiring registration, a
confidentiality agreement and acceptance of a disclaimer. The Servicer shall not
be liable for dissemination of this information in accordance with this
Agreement, provided that such information otherwise meets the requirements set
forth herein with respect to the form and substance of such information or
reports. The Servicer shall be entitled to attach to any report provided
pursuant to this subsection, any reasonable disclaimer with respect to
information provided, or any assumptions required to be made by such report.
Notwithstanding anything herein to the contrary, the Servicer may, at its sole
cost and expense, make available by electronic media, bulletin board service or
Internet website any reports or other information the Servicer is required or
permitted to provide to any Borrower with respect to such Borrower's Mortgage
Loan to the extent such action does not conflict with the terms of this
Agreement, the terms of the Mortgage Loans or applicable law.

            (g) The Special Servicer shall from time to time (and, in any event,
as may be reasonably required by the Servicer) provide the Servicer with such
information in its possession regarding the Specially Serviced Loans and REO
Properties as may be reasonably necessary for the Servicer to prepare each
report and any supplemental information to be provided by the Servicer to the
Bond Administrator. None of the Bond Administrator, the Trustee or the Depositor
shall have any obligation to recompute, verify or recalculate the information
provided thereto by the Servicer. Unless the Bond Administrator has actual
knowledge that any report or file received from the Servicer contains erroneous
information, the Bond Administrator is authorized to rely thereon in calculating
and making distributions to Certificateholders and allocating Realized Losses to
the Certificates in accordance with Section 4.01 and preparing the statements to
Certificateholders required by Section 4.02(a).

            (h) As soon as reasonably practicable, upon the written request of
and at the expense of any Certificateholder, the Bond Administrator shall
provide the requesting Certificateholder with such information that is in the
Bond Administrator's possession or can reasonably be obtained by the Bond
Administrator as is requested by such Certificateholder, for purposes of
satisfying applicable reporting requirements under Rule 144A under the
Securities Act. Neither the Certificate Registrar nor the Bond Administrator
shall have any responsibility for the sufficiency under Rule 144A or any other
securities laws of any available information so furnished to any person
including any prospective purchaser of a Certificate or any interest therein,
nor for the content or accuracy of any information so furnished which was
prepared or delivered to them by another.

            (i) With respect to the Mortgaged Property constituting collateral
for the Credit Lease Loan, not later than the third Business Day following each
Determination Date, the Servicer will deliver to the Bond Administrator a
Current Ratings Report with respect to the Tenant and any Guarantor.

            (j) The Bond Administrator shall make available at its offices,
during normal business hours, upon not less than two Business Day's prior
notice, for review by any Certificateholder, any prospective investor in a
Certificate, any Serviced Companion Loan Noteholder (with respect to items (iv)
- (vii), only to the extent such information relates to the related Serviced
Companion Loan), the Depositor, the Servicer, the Special Servicer, the Trustee,
any Rating Agency and any other Person to whom the Depositor in its sole
judgment, deems that such disclosure is appropriate, originals or copies of
documents relating to the Mortgage Loans and any related REO Properties to the
extent in its possession, including, without limitation, the following items
(except to the extent prohibited by applicable law or under any of the related
Loan Documents): (i) this Agreement and any amendments thereto; (ii) all
Distribution Date Statements delivered to the Certificateholders and any
Companion Loan Noteholder since the Closing Date; (iii) all annual Officers'
Certificates and all accountants' reports delivered by the Servicer and the
Special Servicer to the Bond Administrator since the Closing Date regarding
compliance with the relevant agreements; (iv) the most recent property
inspection report prepared by or on behalf of the Servicer or the Special
Servicer in respect of each Mortgaged Property and delivered to the Bond
Administrator; (v) the most recent annual (or more frequent, if available)
operating statements, rent rolls (to the extent such rent rolls have been made
available by the related Borrower) and/or lease summaries and retail sales
information, if any, collected by or on behalf of the Servicer or the Special
Servicer in respect to each Mortgaged Property; (vi) any and all modifications,
waivers and amendments of the terms of a Mortgage Loan entered into by the
Servicer and/or the Special Servicer and delivered to the Bond Administrator;
and (vii) any and all Officers' Certificates and other evidence delivered to or
by the Bond Administrator to support the Servicer's, the Special Servicer's or
the Trustee's, as the case may be, determination that any Advance, if made,
would be a Nonrecoverable Advance. Copies of any and all of the foregoing items
will be available from the Bond Administrator upon request. The Bond
Administrator will be permitted to require payment by the requesting party
(other than a Rating Agency) of a sum sufficient to cover the reasonable costs
and expenses of making such information available and providing any copies
thereof. The Bond Administrator's obligation under this Section 4.02(j) to make
available any document is subject to the Bond Administrator's receipt of such
document.

            (k) On or within two Business Days following each Distribution Date,
the Bond Administrator shall prepare and furnish to the Financial Market
Publisher and each Underwriter, using the format and media mutually agreed upon
by the Bond Administrator, the Financial Market Publisher, each Underwriter and
the Depositor, the following information regarding each Mortgage Loan and any
other information reasonably requested by each Underwriter and available to the
Bond Administrator:

            (i) the Loan Number;

            (ii) each related Mortgage Rate; and

            (iii) the Stated Principal Balance as of such Distribution Date.

The Bond Administrator shall only be obligated to deliver the statements,
reports and information contemplated by Section 4.02 to the extent it receives
the necessary underlying information from the Servicer or the Special Servicer
and shall not be liable for any failure to deliver any thereof on the prescribed
due dates, to the extent caused by failure to receive timely such underlying
information. Nothing herein shall obligate the Bond Administrator, the Trustee,
the Servicer or the Special Servicer to violate any applicable law prohibiting
disclosure of information with respect to any Borrower and the failure of the
Bond Administrator, the Servicer or the Special Servicer to disseminate
information for such reason shall not be a breach hereof.

            Section 4.03 Compliance with Withholding Requirements.
Notwithstanding any other provision of this Agreement, the Paying Agent shall
comply with all federal withholding requirements with respect to payments to
Certificateholders of interest or original issue discount that the Paying Agent
reasonably believes are applicable under the Code. The consent of
Certificateholders shall not be required for any such withholding. The Paying
Agent agrees that it will not withhold with respect to payments of interest or
original issue discount in the case of a Holder that is a non-U.S. Person that
has furnished or caused to be furnished (i) an effective Form W-8BEN, Form
W-8IMY or Form W-9 or an acceptable substitute form or a successor form and who
is not a "10-percent shareholder" within the meaning of Code Section
871(h)(3)(B) or a "controlled foreign corporation" described in Code Section
881(c)(3)(c) with respect to the Trust Fund or the Depositor, or (ii) an
effective Form W-8ECI or an acceptable substitute form or a successor form. In
the event the Paying Agent or its agent withholds any amount from interest or
original issue discount payments or advances thereof to any Certificateholder
pursuant to federal withholding requirements, the Paying Agent shall indicate
the amount withheld to such Certificateholder. Any amount so withheld shall be
treated as having been distributed to such Certificateholder for all purposes of
this Agreement.

            Section 4.04 REMIC Compliance. (a) The parties intend that each of
the Loan REMIC, the Lower-Tier REMIC and the Upper-Tier REMIC and shall
constitute, and that the affairs of each of the Loan REMIC, the Lower-Tier REMIC
and the Upper-Tier REMIC shall be conducted so as to qualify it as, a "real
estate mortgage investment conduit" as defined in, and in accordance with, the
REMIC Provisions at all times any Certificates are outstanding, and the
provisions hereof shall be interpreted consistently with this intention. In
furtherance of such intention, the Bond Administrator shall, to the extent
permitted by applicable law, act as agent, and is hereby appointed to act as
agent, of each such REMIC and shall on behalf of each such REMIC:

            (i) prepare and file, or cause to be prepared and filed, all
      required Tax Returns for each of the Loan REMIC, the Lower-Tier REMIC and
      the Upper-Tier REMIC, using a calendar year as the taxable year for each
      of such REMIC as required by the REMIC Provisions and other applicable
      federal, state or local income tax laws;

            (ii) make an election, on behalf of each of the Loan REMIC, the
      Lower-Tier REMIC and the Upper-Tier REMIC, to be treated as a REMIC on
      Form 1066 for its first taxable year (which in the case of the Loan REMIC
      is 2003), in accordance with the REMIC Provisions;

            (iii) prepare and forward, or cause to be prepared and forwarded, to
      the Certificateholders and the IRS and applicable state and local tax
      authorities all information reports as and when required to be provided to
      them in accordance with the REMIC Provisions of the Code;

            (iv) if the filing or distribution of any documents of an
      administrative nature not addressed in clauses (i) through (iii) of this
      Section 4.04(a) is then required by the REMIC Provisions in order to
      maintain the status of each of the Loan REMIC, the Lower-Tier REMIC and
      the Upper-Tier REMIC as a REMIC or is otherwise required by the Code,
      prepare and file or distribute, or cause to be prepared and signed and
      filed or distributed, such documents with or to such Persons when and as
      required by the REMIC Provisions or the Code or comparable provisions of
      state and local law;

            (v) within 30 days of the Closing Date (in the case of the
      Upper-Tier REMIC only), furnish or cause to be furnished to the IRS, on
      Form 8811 or as otherwise may be required by the Code, the name, title and
      address of the person that the Certificateholders may contact for tax
      information relating thereto (and the Bond Administrator shall act as the
      representative of the Upper-Tier REMIC for this purpose), together with
      such additional information as may be required by such Form, and shall
      update such information at the time or times and in the manner required by
      the Code (and the Depositor agrees within 10 Business Days of the Closing
      Date to provide any information reasonably requested by the Servicer, the
      Special Servicer or the Bond Administrator and necessary to make such
      filing); and

            (vi) maintain such records relating to each of the Loan REMIC, the
      Lower-Tier REMIC and the Upper-Tier REMIC as may be necessary to prepare
      the foregoing returns, schedules, statements or information, such records,
      for federal income tax purposes, to be maintained on a calendar year and
      on an accrual basis.

            The Holder of the largest Percentage Interest in the Class R
Certificates shall be the tax matters person of the Upper-Tier REMIC, and the
Holder of the largest Percentage Interest in the Class LR Certificates shall be
the tax matters persons of the Lower-Tier REMIC and the Loan REMIC,
respectively, pursuant to Treasury Regulations Section 1.860F-4(d). The Trustee
shall, promptly after receipt thereof from the Bond Administrator, sign all Tax
Returns and other reports required by this Section 4.04 and promptly return them
to the Bond Administrator for filing or as otherwise provided by this Section.
If more than one Holder shall hold an equal Percentage Interest in the Class R
or Class LR Certificates larger than that held by any other Holder, the first
such Holder to have acquired such Class R or Class LR Certificates shall be such
tax matters person. The Bond Administrator shall act as attorney-in-fact and
agent for the tax matters person of each of the Loan REMIC, the Lower-Tier REMIC
and the Upper-Tier REMIC, and each Holder of a Percentage Interest in the Class
R or Class LR Certificates, by acceptance hereof, is deemed to have consented to
the Bond Administrator's appointment in such capacity and agrees to execute any
documents required to give effect thereto, and any fees and expenses incurred by
the Bond Administrator in connection with any audit or administrative or
judicial proceeding shall be paid by the Trust Fund. The Bond Administrator
shall not intentionally take any action or intentionally omit to take any action
if, in taking or omitting to take such action, the Bond Administrator knows that
such action or omission (as the case may be) would cause the termination of the
REMIC status of any of the Loan REMIC, the Lower-Tier REMIC and the Upper-Tier
REMIC or the imposition of tax on the Loan REMIC, the Lower-Tier REMIC and the
Upper-Tier REMIC (other than a tax on income expressly permitted to be received
by the terms of this Agreement). Notwithstanding any provision of this paragraph
to the contrary, the Bond Administrator shall not be required to take any action
that the Bond Administrator in good faith believes to be inconsistent with any
other provision of this Agreement, nor shall the Bond Administrator be deemed in
violation of this paragraph if it takes any action expressly required or
authorized by any other provision of this Agreement, and the Bond Administrator
shall have no responsibility or liability with respect to any act or omission of
the Depositor, the Servicer or the Special Servicer which does not enable the
Bond Administrator to comply with any of clauses (i) through (vi) of the fifth
preceding sentence or which results in any action contemplated by clauses (i) or
(ii) of the next succeeding sentence. In this regard the Bond Administrator
shall (i) exercise reasonable care not to allow the occurrence of any
"prohibited transactions" within the meaning of Code Section 860F(a), unless the
party seeking such action shall have delivered to the Trustee and the Bond
Administrator an Opinion of Counsel (at such party's expense) that such
occurrence would not (A) result in a taxable gain, (B) otherwise subject any of
the Loan REMIC, the Lower-Tier REMIC and the Upper-Tier REMIC to tax (other than
a tax at the highest marginal corporate tax rate on net income from foreclosure
property), or (c) cause any of the Loan REMIC, the Lower-Tier REMIC and the
Upper-Tier REMIC to fail to qualify as a REMIC; and (ii) exercise reasonable
care not to allow the Trust Fund to receive any contributions, or any income
from the performance of services or from assets not permitted under the REMIC
Provisions to be held by a REMIC (provided, however, that the receipt of any
income expressly permitted or contemplated by the terms of this Agreement shall
not be deemed to violate this clause). None of the Servicer, the Special
Servicer and the Depositor shall be responsible or liable (except in connection
with any act or omission referred to in the two preceding sentences or the
following sentence) for any failure by the Bond Administrator to comply with the
provisions of this Section 4.04. The Depositor, the Servicer and the Special
Servicer shall cooperate in a timely manner with the Bond Administrator in
supplying any information within the Depositor's, the Servicer's or the Special
Servicer's control (other than any confidential information) that is reasonably
necessary to enable the Bond Administrator to perform its duties under this
Section 4.04.

            (b) The Bond Administrator shall administer the Loan REMIC in
accordance with the Loan REMIC Declaration and the REMIC Provisions and shall
comply with and perform all federal and, if applicable, state and local income
tax return and information reporting requirements with respect to such Loan
REMIC, and shall otherwise administer the Loan REMIC in the same manner as
specified for the Trust REMICs in Section 4.04(a). The AFR/Bank of America
Portfolio Mortgage Loan shall be serviced and administered in accordance with
the applicable provisions of the GMACCM 2003-C3 Pooling and Servicing Agreement
and Article III hereof and the Loan REMIC Declaration. The Bond Administrator
shall maintain separate accounting with respect to the Loan REMIC sufficient (i)
to comply with such return and information reporting requirements, including
quarterly and annual reporting on Schedule Q to Form 1066 to the Holders of the
Class LR Certificates with respect to the Loan REMIC Residual Interest, (ii) to
account for the Loan REMIC Regular Interest as an asset of the Lower-Tier REMIC,
(iii) to pay or cause to be paid any federal, state or local income tax
attributable to the Loan REMIC from payments received on or with respect to the
related Mortgage Loan, and (iv) to cause any payments on the related Loan REMIC
Loan in excess of amounts distributable in respect of the Loan REMIC Regular
Interest to be distributed in respect of the Loan REMIC Residual Interest to the
extent provided in the Loan REMIC Declaration.

            (c) The following assumptions are to be used for purposes of
determining the anticipated payments of principal and interest for calculating
the original yield to maturity and original issue discount with respect to the
Regular Certificates: (i) each Mortgage Loan will pay principal and interest in
accordance with its terms and scheduled payments will be timely received on
their Due Dates, provided that the Mortgage Loans will prepay in accordance with
the Prepayment Assumption; (ii) none of the Sole Certificateholder, the
Servicer, the Special Servicer and the Certificateholder owning a majority of
the Percentage Interests in the Controlling Class will exercise the right
described in Section 9.01 of this Agreement to cause early termination of the
Trust Fund; and (iii) no Mortgage Loan is repurchased by a Mortgage Loan Seller
pursuant to Article II hereof.

            Section 4.05 Imposition of Tax on the Trust Fund. In the event that
any tax, including interest, penalties or assessments, additional amounts or
additions to tax, is imposed on the Upper-Tier REMIC, Lower-Tier REMIC or the
Loan REMIC, such tax shall be charged against amounts otherwise distributable to
the Holders of the REMIC Certificates; provided, that any taxes imposed on any
net income from foreclosure property pursuant to Code Section 860G(d) or any
similar tax imposed by a state or local jurisdiction shall instead be treated as
an expense of the related REO Property in determining Net REO Proceeds with
respect to the REO Property (and until such taxes are paid, the Special Servicer
from time to time shall withdraw from amounts in the REO Account (and, in the
case of the Serviced Whole Loan, from amounts in the Serviced Whole Loan REO
Account) allocable to the Mortgage Loans and transfer to the Bond Administrator
amounts reasonably determined by the Bond Administrator to be necessary to pay
such taxes, which the Bond Administrator shall maintain in a separate,
non-interest-bearing account, and the Bond Administrator shall send to the
Special Servicer for deposit in the REO Account (or, if applicable, the Serviced
Whole Loan REO Account) the excess determined by the Bond Administrator from
time to time of the amount in such account over the amount necessary to pay such
taxes) and shall be paid therefrom; provided that any such tax imposed on net
income from foreclosure property that exceeds the amount in any such reserve
shall be retained from Available Funds as provided in Section 3.06(b)(xiii) or,
in the case of the Serviced Whole Loan, in Section 3.06(c)(xiii), and the next
sentence. Except as provided in the preceding sentence, the Bond Administrator
is hereby authorized to and shall retain or cause to be retained from Available
Funds sufficient funds to pay or provide for the payment of, and to actually
pay, such tax as is legally owed by the applicable REMIC (but such authorization
shall not prevent the Bond Administrator from contesting, at the expense of the
Trust Fund (and, in the case of the Serviced Whole Loan, the Serviced Companion
Loan Noteholders on a pro rata basis based on the Mortgage Loan's or Serviced
Companion Loan's, as applicable, Stated Principal Balance), any such tax in
appropriate proceedings, and withholding payment of such tax, if permitted by
law, pending the outcome of such proceedings). The Bond Administrator is hereby
authorized to and shall segregate or cause to be segregated, into a separate
non-interest bearing account, (i) the net income allocable to the Mortgage Loans
from any "prohibited transaction" under Code Section 860F(a) or (ii) the amount
of any contribution to the Loan REMIC, the Lower-Tier REMIC or the Upper-Tier
REMIC after the Startup Day that is subject to tax under Code Section 860G(d)
and use such income or amount, to the extent necessary, to pay such tax (and
return the balance thereof, if any, to the Collection Account, the Lower-Tier
Distribution Account or the Upper-Tier Distribution Account, as the case may
be). To the extent that any such tax is paid to the IRS, the Bond Administrator
shall retain an equal amount from future amounts otherwise distributable to the
Holders of the Class R or the Class LR Certificates, as the case may be, and
shall distribute such retained amounts to the Holders of Regular Certificates,
or the Trustee as Holder of the Lower-Tier Regular Interests or the Loan REMIC
Regular Interest, as applicable, until they are fully reimbursed and then to the
Holders of the Class R Certificates or the Class LR Certificates, as applicable.
Neither the Servicer, the Special Servicer nor the Bond Administrator shall be
responsible for any taxes imposed on the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC except to the extent such tax is attributable to a breach of a
representation or warranty or the gross negligence or willful misconduct of the
Servicer, the Special Servicer or the Bond Administrator or an act or omission
of the Servicer, the Special Servicer or the Bond Administrator in contravention
of this Agreement, provided, further, that such breach, act or omission could
result in liability under Section 6.03, in the case of the Servicer or Section
4.04 or 8.01, in the case of the Bond Administrator. Notwithstanding anything in
this Agreement to the contrary, in each such case, the Trustee, the Servicer or
the Special Servicer shall not be responsible for Bond Administrator's breaches,
acts or omissions, and the Bond Administrator shall not be responsible for the
breaches, acts or omissions of the Servicer or the Special Servicer.

            Section 4.06 Remittances. (a) "Applicable Monthly Payment" shall
mean, for any Mortgage Loan with respect to any month, (A) if such Mortgage Loan
is delinquent as to its Balloon Payment (including any such Mortgage Loan as to
which the related Mortgaged Property has become an REO Property), the related
Assumed Scheduled Payment, and (B) if such Mortgage Loan is not described in
clause (A) above (including any such Mortgage Loan as to which the related
Mortgaged Property has become an REO Property), the Monthly Payment (after
giving effect to any modification other than as described in (A) above);
provided, however, that for purposes of calculating the amount of any P&I
Advance required to be made by the Servicer or the Trustee, notwithstanding the
amount of such Applicable Monthly Payment, interest shall be calculated at the
Net Mortgage Pass-Through Rate (plus the Trustee Fee Rate). The Applicable
Monthly Payment shall be reduced, for purposes of P&I Advances, by any
modifications pursuant to Section 3.30 or Section 3.31 or otherwise and by any
reductions by a bankruptcy court pursuant to a plan of reorganization or
pursuant to any of its equitable powers.

            (b) On the Servicer Remittance Date immediately preceding each
Distribution Date, the Servicer shall:

            (i) remit to the Bond Administrator for deposit in the Lower-Tier
      Distribution Account an amount equal to Prepayment Premiums and Yield
      Maintenance Charges, and for deposit into the Excess Liquidation Proceeds
      Account an amount equal to Excess Liquidation Proceeds, in each case
      received by the Servicer in the Collection Period preceding such
      Distribution Date; and

            (ii) remit to the Bond Administrator for deposit in the Lower-Tier
      Distribution Account an amount equal to the aggregate of the Available
      Funds for such Distribution Date.

            Section 4.07 P&I Advances. (a) On or before 1:00 p.m. (New York City
time) on each Servicer Remittance Date, the Servicer shall in the case of all
Mortgage Loans either (i) remit to the Bond Administrator for deposit into the
Lower-Tier Distribution Account from its own funds an amount equal to the
aggregate amount of P&I Advances, if any, to be made in respect of the related
Distribution Date, (ii) apply amounts held in the Collection Account or the
Serviced Whole Loan Collection Account, as applicable, for future distribution
to Certificateholders in subsequent months in discharge of any such obligation
to make P&I Advances; provided that amounts in the Serviced Whole Loan
Collection Account shall only be applied up to the related Mortgage Loan's pro
rata share of the amounts held therein on such date or (iii) make P&I Advances
in the form of any combination of (i) and (ii) aggregating the total amount of
P&I Advances to be made. Any amounts held in the Collection Account or the
Serviced Whole Loan Collection Account, as applicable, for future distribution
and so used to make P&I Advances shall be appropriately reflected in the
Servicer's records and replaced by the Servicer by deposit in the Collection
Account or the Serviced Whole Loan Collection Account, as applicable, on or
before the next succeeding P&I Advance Determination Date (to the extent not
previously replaced through the deposit of Late Collections of the delinquent
principal and/or interest in respect of which such P&I Advances were made). The
Servicer shall notify the Trustee and the Bond Administrator of (i) the
aggregate amount of P&I Advances for a Distribution Date and (ii) the amount of
any Nonrecoverable P&I Advances for such Distribution Date, on or before the P&I
Advance Determination Date. If the Servicer fails to make a required P&I Advance
by 1:00 p.m. (New York City time) on any Servicer Remittance Date and the
Trustee receives written notice from the Bond Administrator that such P&I
Advance has not been made by the Servicer as provided below, the Trustee shall
make such P&I Advance pursuant to Section 7.06 by 12:00 noon (New York City
time) on the related Distribution Date, in each case unless the Servicer shall
have cured such failure (and provided written notice of such cure to the
Trustee) by 11:00 a.m. (New York City time) on such Distribution Date or the
Trustee determines that such P&I Advance, if made, would be a Nonrecoverable
Advance. The Servicer and the Trustee shall not be required to make P&I Advances
on any Companion Loan. If the Servicer fails to make a P&I Advance that it is
required to make under this Section 4.07, the Bond Administrator shall notify
the Trustee of such failure in writing as soon as practicable, but not later
than 4:00 p.m. (New York City time) on the Servicer Remittance Date.

            (b) Subject to Sections 4.07(c) and 4.07(e) below, the aggregate
amount of P&I Advances to be made by the Servicer with respect to any
Distribution Date shall equal the aggregate of: (i) all Monthly Payments (in
each case, net of related Servicing Fees) other than Balloon Payments, that were
due during the related Collection Period and delinquent as of the close of
business on the P&I Advance Determination Date (or not advanced by the Servicer
or any sub-servicer on behalf of the Servicer) and (ii) with respect to each
Mortgage Loan as to which the related Balloon Payment was due during or prior to
the related Collection Period and was delinquent (including any applicable grace
period) as of the end of the related Collection Period (including any REO Loan
as to which the Balloon Payment would have been past due), an amount equal to
the Assumed Scheduled Payment therefor. Subject to subsection (c) below, the
obligation of the Servicer to make such P&I Advances is mandatory, and with
respect to any applicable Mortgage Loan or REO Loan, shall continue until the
Distribution Date on which Liquidation Proceeds or REO Proceeds, if any, are to
be distributed.

            (c) Notwithstanding anything herein to the contrary, no P&I Advance
shall be required hereunder if the Servicer, the Special Servicer or the
Trustee, as applicable, determines that such P&I Advance would, if made,
constitute a Nonrecoverable P&I Advance. In making such recoverability
determination, the Servicer, the Special Servicer and the Trustee, as
applicable, will be entitled to (i) give due regard to the existence of any
Nonrecoverable Advance or Workout-Delayed Reimbursement Amount with respect to
other Mortgage Loans, the recovery of which, at the time of such consideration,
is being deferred or delayed by the Servicer or the Trustee, as applicable, in
light of the fact that proceeds on the related Mortgage Loan are a source of
recovery not only for the P&I Advance under consideration, but also as a
potential source of recovery of such Nonrecoverable Advance or Workout-Delayed
Reimbursement Amount which is being or may be deferred or delayed and (ii)
consider (among other things) only the obligations of the Borrower under the
terms of the related Mortgage Loan (or the Serviced Whole Loan, as applicable)
as it may have been modified, to consider (among other things) the related
Mortgaged Properties in their "as is" or then current conditions and
occupancies, as modified by such party's assumptions (consistent with the
applicable Servicing Standard in the case of the Servicer and the Special
Servicer) regarding the possibility and effects of future adverse change with
respect to such Mortgaged Properties, to estimate and consider (consistent with
the Servicing Standard in the case of the Servicer and the Special Servicer)
(among other things) future expenses and to estimate and consider (among other
things) the timing of recoveries.

            The Servicer, the Special Servicer and the Trustee, as applicable,
shall consider Unliquidated Advances in respect of prior P&I Advances for
purposes of nonrecoverability determinations as if such Unliquidated Advances
were unreimbursed P&I Advances. If an Appraisal of the related Mortgaged
Property shall not have been obtained within the prior 12 month period (and the
Servicer and the Trustee shall each request any such appraisal from the Special
Servicer prior to ordering an Appraisal pursuant to this sentence) or if such an
Appraisal shall have been obtained but as a result of unforeseen occurrences,
such Appraisal does not, in the good faith determination of the Servicer, the
Special Servicer or the Trustee, reflect current market conditions, and the
Servicer or the Trustee, as applicable, and the Special Servicer cannot agree on
the appropriate downward adjustment to such Appraisal, the Servicer, the Special
Servicer or the Trustee, as the case may be, may, subject to its reasonable and
good faith determination that such Appraisal will demonstrate the
nonrecoverability of the related Advance, obtain an Appraisal for such purpose
at the expense of the Trust Fund (and, in the case of the Serviced Whole Loan,
the Serviced Companion Loan Noteholders on a pro rata basis based on the
Mortgage Loan's or Serviced Companion Loan's, as applicable, Stated Principal
Balance).

            Any such determination by the Servicer or the Trustee that it has
made a Nonrecoverable P&I Advance or that any proposed P&I Advance, if made,
would constitute a Nonrecoverable P&I Advance shall be evidenced by a
certificate of a Servicing Officer delivered to the Trustee, the Bond
Administrator, the Special Servicer and the Depositor and, in the case of the
Trustee, by a certificate of a Responsible Officer of the Trustee, delivered to
the Depositor, the Bond Administrator, the Servicer and the Special Servicer,
which in each case sets forth such nonrecoverability determination and the
considerations of the Servicer or the Trustee, as applicable, forming the basis
of such determination (such certificate accompanied by, to the extent available,
income and expense statements, rent rolls, occupancy status, property
inspections and other information used by the Servicer or the Trustee, as
applicable, to make such determination, together with any existing Appraisal or
any Updated Appraisal); provided, however, that the Special Servicer may, at its
option, make a determination in accordance with the Servicing Standard, that any
P&I Advance previously made or proposed to be made is nonrecoverable and shall
deliver to the Servicer and the Trustee notice of such determination. Any such
determination shall be conclusive and binding on the Servicer, the Special
Servicer and the Trustee.

            Any such Person may update or change its recoverability
determinations at any time (but not reverse any other Person's determination
that a P&I Advance is a Nonrecoverable Advance) and (consistent with the
applicable Servicing Standard in the case of the Servicer or the Special
Servicer) may obtain, at the expense of the Trust Fund (and, in the case of the
Serviced Whole Loan, the Serviced Companion Loan Noteholders on a pro rata basis
based on the Mortgage Loan's or Serviced Companion Loan's, as applicable, Stated
Principal Balance), any analysis, Appraisals or market value estimates or other
information for such purposes. Absent bad faith, any such determination as to
the recoverability of any P&I Advance shall be conclusive and binding on the
Certificateholders.

            Notwithstanding the above, (i) the Trustee shall be entitled to rely
conclusively on any determination by the Servicer or the Special Servicer, as
applicable, that a P&I Advance, if made, would be a Nonrecoverable P&I Advance
and (ii) the Servicer will be entitled to rely conclusively on any
nonrecoverability determination of the Special Servicer. The Trustee, in
determining whether or not a P&I Advance previously made is, or a proposed P&I
Advance, if made, would be, a Nonrecoverable P&I Advance shall be subject to the
standards applicable to the Servicer hereunder. The Special Servicer shall
promptly furnish the Servicer and the Trustee with any information in its
possession regarding the Specially Serviced Loans and REO Properties as each
such party may reasonably request for purposes of making recoverability
determinations.

            (d) In connection with the recovery of any P&I Advance out of the
Collection Account pursuant to Section 3.06(b) or the Serviced Whole Loan
Collection Account pursuant to Section 3.06(c), the Servicer shall be entitled
to pay itself or the Trustee, as the case may be (in reverse of such order with
respect to any Mortgage Loan or REO Property), out of any amounts then on
deposit in the Collection Account or the Serviced Whole Loan Collection Account
(to the extent amounts therein relate to the Mortgage Loans, taking into account
the related Co-Lender Agreement), as applicable, interest at the Advance Rate in
effect from time to time, accrued on the amount of such P&I Advance from the
date made to but not including the date of reimbursement (or if such P&I Advance
was made prior to the end of any grace period applicable to the subject
delinquent Monthly Payment, for so long as such P&I Advance is outstanding
following the end of such grace period). The Servicer shall reimburse itself or
the Trustee, as the case may be, for any outstanding P&I Advance as soon as
practicably possible after funds available for such purpose are deposited in the
Collection Account or the Serviced Whole Loan Collection Account.

            Notwithstanding the foregoing, (i) neither the Servicer nor the
Trustee shall make an advance for Yield Maintenance Charges or Penalty Charges
and (ii) the amount required to be advanced in respect of delinquent Monthly
Payments or Assumed Scheduled Payments on Mortgage Loans that have been subject
to an Appraisal Reduction Event will equal, with respect to any Distribution
Date and any Mortgage Loan, the amount that would be required to be advanced by
the Servicer without giving effect to the Appraisal Reduction less any Appraisal
Reduction Amount with respect to such Mortgage Loan for such Distribution Date;
provided that, the amount of any P&I Advance with respect to a Mortgage Loan, as
to which there has been an Appraisal Reduction will be an amount equal to the
product of (i) the amount required to be advanced without giving effect to this
proviso and (ii) a fraction, the numerator of which is the Stated Principal
Balance of such Mortgage Loan as of the immediately preceding Determination Date
less any Appraisal Reduction Amount applicable to such Mortgage Loan and the
denominator of which is the Stated Principal Balance of such Mortgage Loan as of
such Determination Date. All P&I Advances for any Mortgage Loans that have been
modified shall be calculated on the basis of their terms as modified.

            The portion of any Insurance Proceeds and Net Liquidation Proceeds
in respect of a Mortgage Loan or any REO Loan allocable to principal shall equal
the total amount of such proceeds minus (i) any portion thereof payable to the
Servicer, the Special Servicer, the Trustee or the Bond Administrator pursuant
to this Agreement and (ii) a portion thereof equal to the interest component of
the Monthly Payment(s), as accrued at the related Net Mortgage Rate from the
date as to which interest was last paid by the Borrower up to but not including
the Due Date in the Collection Period in which such proceeds are received;
provided, however, in the event that the interest portion(s) of one or more P&I
Advances with respect of such Mortgage Loan or REO Loan, as applicable, were
reduced as a result of an Appraisal Reduction Event, the amount of the Net
Liquidation Proceeds to be applied to interest shall be reduced by the aggregate
amount of such reductions and the portion of such Net Liquidation Proceeds to be
applied to principal shall be increased by such amount, and if the amount of the
Net Liquidation Proceeds to be applied to principal has been applied to pay the
principal of such Mortgage Loan or REO Loan in full, any remaining Net
Liquidation Proceeds shall then be applied to pay any remaining accrued and
unpaid interest of such Mortgage Loan or REO Loan.

            (e) With respect to the Tysons Corner Center Portfolio Mortgage
Loan, the Servicer shall make its determination that it has made a P&I Advance
on such Mortgage Loan that is a Nonrecoverable P&I Advance or that any proposed
P&I Advance, if made, would constitute a Nonrecoverable P&I Advance with respect
to such Mortgage Loan in accordance with Section 4.07(a) independently of any
determination made in respect of a Tysons Corner Center Pari Passu Loan by the
master servicer under the related Serviced Companion Loan Securitization
Agreement. If the Servicer determines that a proposed P&I Advance with respect
to the Tysons Corner Center Mortgage Loan, if made, or any outstanding P&I
Advance with respect to the Tysons Corner Center Mortgage Loan previously made,
would be, or is, as applicable, a Nonrecoverable Advance, the Servicer shall
provide the master servicer under each Serviced Companion Loan Securitization
Agreement written notice of such determination within one Business Day of the
date of such determination. If the Servicer receives written notice from any
master servicer under any Serviced Companion Loan Securitization Agreement that
such master servicer has determined, with respect to the related Tysons Corner
Center Pari Passu Loan, that any proposed advance of principal and interest with
respect to the related Tysons Corner Center Pari Passu Loan would be, or any
outstanding advance of principal and interest is, a nonrecoverable advance of
principal and interest, then such determination shall be binding on the
Certificateholders and none of the Servicer or the Trustee shall make any
additional P&I Advances with respect to the Tysons Corner Center Mortgage Loan
unless the Servicer has consulted with the other master servicers and they agree
that circumstances with respect to the Tysons Corner Center Whole Loan have
changed such that a proposed future P&I Advance in respect of the Tysons Corner
Center Mortgage Loan would not be a Nonrecoverable P&I Advance; provided,
however, that the determination of the master servicer under each Serviced
Companion Loan Securitization Agreement shall not be binding on the
Certificateholders, and the Servicer or the Trustee, as applicable, shall make
its own determination of recoverability, in the event that the master servicer
that made such determination is not approved as a master servicer by each of the
Rating Agencies. Notwithstanding the foregoing, the Servicer shall continue to
have the discretion (including if the master servicer under a Serviced Companion
Loan Securitization Agreement determines that any advance of principal and/or
interest with respect to a Tysons Corner Center Pari Passu Loan would be
recoverable) provided in this Agreement to determine that any future P&I Advance
or outstanding P&I Advance would be, or is, as applicable, a Nonrecoverable P&I
Advance. Once such a determination is made by the Servicer or the Servicer
receives written notice of such determination by any of the other master
servicers, neither the Servicer nor the Trustee shall make any additional P&I
Advances with respect to the Tysons Corner Center Mortgage Loan until the
Servicer has followed the process set forth in this paragraph.

            In the event that the Servicer receives notice from any of S&P,
Fitch, DBRS or Moody's that it is no longer approved as a master servicer for
commercial mortgage securitizations, it shall promptly notify the master
servicer under each Serviced Companion Loan Securitization Agreement.

            (f) With respect to the AFR/Bank of America Portfolio Mortgage Loan,
the Servicer shall make its determination that it has made a P&I Advance on such
Mortgage Loan that is a Nonrecoverable P&I Advance or that any proposed P&I
Advance, if made, would constitute a Nonrecoverable P&I Advance with respect to
such Mortgage Loan in accordance with Section 4.07(a) independently of any
determination made by the GMACCM 2003-C3 Servicer (or any master servicer with
respect to a commercial mortgage securitization holding an AFR/Bank of America
Portfolio Pari Passu Loan) under the GMACCM 2003-C3 Pooling and Servicing
Agreement (or any pooling and servicing agreement with respect to a commercial
mortgage securitization holding an AFR/Bank of America Portfolio Pari Passu
Loan) in respect of the related AFR/Bank of America Portfolio Companion Loan. If
the Servicer determines that a proposed P&I Advance with respect to the AFR/Bank
of America Portfolio Mortgage Loan, if made, or any outstanding P&I Advance with
respect to the AFR/Bank of America Portfolio Mortgage Loan previously made,
would be, or is, as applicable, a Nonrecoverable Advance, the Servicer shall
provide the GMACCM 2003-C3 Servicer (and any master servicer with respect to a
commercial mortgage securitization holding an AFR/Bank of America Portfolio Pari
Passu Loan) written notice of such determination within one Business Day of the
date of such determination. If the Servicer receives written notice from the
GMACCM 2003-C3 Servicer (or any master servicer with respect to a commercial
mortgage securitization holding an AFR/Bank of America Portfolio Pari Passu
Loan) that it has determined, with respect to the related AFR/Bank of America
Portfolio Companion Loan, that any proposed advance of principal and/or interest
with respect to the related AFR/Bank of America Portfolio Companion Loan would
be, or any outstanding advance of principal and interest is, a nonrecoverable
advance of principal and/or interest, then such determination shall be binding
on the Certificateholders and none of the Servicer or the Trustee shall make any
additional P&I Advances with respect to the AFR/Bank of America Portfolio
Mortgage Loan unless the Servicer has consulted with the other related master
servicers and they agree that circumstances with respect to the AFR/Bank of
America Portfolio Whole Loan have changed such that a proposed future P&I
Advance in respect of the AFR/Bank of America Portfolio Mortgage Loan would not
be a Nonrecoverable P&I Advance; provided, however, that the determination of
the GMACCM 2003-C3 Servicer or the master servicer with respect to the
commercial mortgage securitizations that hold an AFR/Bank of America Portfolio
Pari Passu Loan shall not be binding on the Certificateholders in the event that
the master servicer that made such determination is not approved as a master
servicer by each of S&P, Fitch and Moody's, and the Servicer or the Trustee, as
applicable, shall make its own determination of recoverability, in the event
that the master servicer that made such determination is not approved as a
master servicer by each of the Rating Agencies. Notwithstanding the foregoing,
the Servicer shall continue to have the discretion provided in this Agreement to
determine that any future P&I Advance or outstanding P&I Advance would be, or
is, as applicable, a Nonrecoverable P&I Advance. Once such a determination is
made by the Servicer or the Servicer receives written notice of such
determination by any of the other master servicers, neither the Servicer nor the
Trustee shall make any additional P&I Advances with respect to AFR/Bank of
America Portfolio Mortgage Loan until the Servicer has followed the process set
forth in this paragraph.

            In the event that the Servicer receives notice from any of S&P,
Fitch, DBRS or Moody's that it is no longer approved as a master servicer for
commercial mortgage securitizations, it shall promptly notify the GMACCM 2003-C3
Servicer and the master servicer with respect to each commercial mortgage
securitization that holds an AFR/Bank of America Portfolio Pari Passu Loan.

            (g) With respect to the Meadows Mall Mortgage Loan, the Servicer
shall make its determination that it has made a P&I Advance on such Mortgage
Loan that is a Nonrecoverable P&I Advance or that any proposed P&I Advance, if
made, would constitute a Nonrecoverable P&I Advance with respect to such
Mortgage Loan in accordance with Section 4.07(a) independently of any
determination made by the Wachovia 2003-C9 Servicer in respect of the Meadows
Mall Pari Passu Loan no later than the Servicer Remittance Date. If the Servicer
makes a determination that a P&I Advance is a Nonrecoverable P&I Advance with
respect to the Meadows Mall Mortgage Loan, the Servicer will advise the Wachovia
2003-C9 Servicer within two Business Days of such determination, and the
Wachovia 2003-C9 Servicer will not make any advance of principal and interest on
the Meadows Mall Pari Passu Loan. If the Wachovia 2003-C9 Servicer makes a
determination that any advance of principal and interest on the Meadows Mall
Pari Passu Loan would be nonrecoverable, the Wachovia 2003-C9 Servicer will
advise the Servicer within two Business Days of such determination, and the
Servicer will not make any P&I Advance on the Meadows Mall Mortgage Loan. The
Servicer and the Wachovia 2003-C9 Servicer will advise one another, as
applicable, of the amount of the principal and/or interest advance it made
within two Business Days of making such principal and/or interest advance. If
the Wachovia 2003-C9 Servicer subsequently determines that either a principal
and/or interest advance would be nonrecoverable, the Wachovia 2003-C9 Servicer
will advise the Servicer within two Business Days of making such determination.
The Servicer only will be entitled to reimbursement for a P&I Advance that
becomes a Nonrecoverable P&I Advance, first, from the proceeds of the Meadows
Mall Mortgage Loan and, then, from general collections of the Trust either
immediately, or, if so elected, over time in accordance with Section 3.06(b).

            In the event that the Servicer receives notice from any of S&P,
Fitch, DBRS or Moody's that it is no longer approved as a master servicer for
commercial mortgage securitizations, it shall promptly notify the Wachovia
2003-C9 Servicer.

            (h) The Servicer or the Trustee, as applicable, shall be entitled to
the reimbursement of P&I Advances it makes to the extent permitted pursuant to
Section 3.06(b)(iii) and Section 3.06(c)(iii) of this Agreement together with
any related Advance Interest Amount in respect of such P&I Advances to the
extent permitted pursuant to Section 3.06(b)(vi) and Section 3.06(c)(vi) and the
Servicer and Special Servicer each hereby covenant and agree to promptly seek
and effect the reimbursement of such Advances from the related Borrowers to the
extent permitted by applicable law and the related Mortgage Loan.

            Section 4.08 Grantor Trust Reporting.

            The parties intend that the portions of the Trust Fund consisting of
the Loan REMIC Residual Interest shall be treated as a "grantor trust" under the
Code, and the provisions thereof shall be interpreted consistently with this
intention. In furtherance of such intention, the Trustee shall furnish or cause
to be furnished to the Class LR Certificateholders and shall file or cause to be
filed with the IRS together with Form 1041 or such other form as may be
applicable and shall furnish or cause to be furnished to the Holders of the
Class LR Certificates, their allocable share of income with respect to the Loan
REMIC Residual Interest as such amounts accrue.

                                   ARTICLE V

                                THE CERTIFICATES

            Section 5.01 The Certificates. (a) The Certificates consist of the
Class A-1 Certificates, the Class A-2 Certificates, the Class A-3 Certificates,
the Class A-4 Certificates, the Class X-1 Certificates, the Class X-2
Certificates, the Class B Certificates, the Class C Certificates, the Class D
Certificates, the Class E Certificates, the Class F Certificates, the Class G
Certificates, the Class H Certificates, the Class J Certificates, the Class K
Certificates, the Class L Certificates, the Class M Certificates, the Class N
Certificates, the Class O Certificates, the Class P Certificates, the Class R
Certificates and the Class LR Certificates.

            The Class A-1, Class A-2, Class A-3, Class A-4, Class X-1, Class
X-2, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class J,
Class K, Class L, Class M, Class N, Class O, Class P, Class R and Class LR
Certificates will be substantially in the forms annexed hereto as Exhibits A-1
through A-22, as set forth in the Table of Exhibits hereto. The Certificates of
each Class will be issuable in registered form only, in minimum denominations of
authorized Certificate Balance or Notional Balance, as applicable, as described
in the succeeding table, and multiples of $l in excess thereof (or such lesser
amount if the Certificate Balance or Notional Balance, as applicable, is not a
multiple of $1). With respect to any Certificate or any beneficial interest in a
Certificate, the "Denomination" thereof shall be (i) the amount (A) set forth on
the face thereof or (B) in the case of any Global Certificate, set forth on a
schedule attached thereto or, in the case of any beneficial interest in a Global
Certificate, the amount set forth on the books and records of the related
Depository Participant or Indirect Participant, as applicable, (ii) expressed in
terms of Certificate Balance or Notional Balance, as applicable, and (iii) be in
an authorized denomination, as set forth below.

                          Minimum               Aggregate Denomination of all
    Class               Denomination                Certificates of Class
-------------      -----------------------    ---------------------------------
A-1                    $   10,000.00                      $80,000,000
A-2                    $   10,000.00                     $129,524,000
A-3                    $   10,000.00                     $157,596,000
A-4                    $   10,000.00                     $466,533,000
X-1                    $1,000,000.00                     $963,760,934
X-2                    $1,000,000.00                     $931,211,000
B                      $   25,000.00                      $25,298,000
C                      $   25,000.00                       $9,638,000
D                      $   25,000.00                      $19,275,000
E                      $   25,000.00                       $8,433,000
F                      $   25,000.00                       $9,638,000
G                      $   25,000.00                      $10,842,000
H                      $   25,000.00                      $10,842,000
J                      $   25,000.00                       $4,819,000
K                      $   25,000.00                       $6,024,000
L                      $   25,000.00                       $3,614,000
M                      $   25,000.00                       $4,819,000
N                      $   25,000.00                       $2,409,000
O                      $   25,000.00                       $1,205,000
P                      $   25,000.00                      $13,251,934

            Each Certificate will share ratably in all rights of the related
Class. The Class R and LR Certificates will each be issuable in one or more
registered, definitive physical certificates in minimum denominations of 5%
Percentage Interests and integral multiples of a 1% Percentage Interest in
excess thereof and together aggregating the entire 100% Percentage Interest in
each such Class.

            The Global Certificates shall be issued as one or more certificates
registered in the name of a nominee designated by the Depository, and Beneficial
Owners shall hold interests in the Global Certificates through the book-entry
facilities of the Depository in the minimum Denominations and aggregate
Denominations and Classes as set forth above.

            The Global Certificates shall in all respects be entitled to the
same benefits under this Agreement as Individual Certificates authenticated and
delivered hereunder.

            (b) Except insofar as pertains to any Individual Certificate, the
Trust Fund, the Paying Agent, the Trustee and the Bond Administrator may for all
purposes (including the making of payments due on the Global Certificates and
the giving of notice to Holders thereof) deal with the Depository as the
authorized representative of the Beneficial Owners with respect to the Global
Certificates for the purposes of exercising the rights of Certificateholders
hereunder; provided, however, that, for purposes of providing information
pursuant to Section 3.22 or transmitting communications pursuant to Section
5.05(a), to the extent that the Depositor has provided the Bond Administrator
with the names of Beneficial Owners (even if such Certificateholders hold their
Certificates through the Depository) the Bond Administrator shall provide such
information to such Beneficial Owners directly. The rights of Beneficial Owners
with respect to Global Certificates shall be limited to those established by law
and agreements between such Certificateholders and the Depository and Depository
Participants. Except as set forth in Section 5.01(e) below, Beneficial Owners of
Global Certificates shall not be entitled to physical certificates for the
Global Certificates as to which they are the Beneficial Owners. Requests and
directions from, and votes of, the Depository as Holder of the Global
Certificates shall not be deemed inconsistent if they are made with respect to
different Beneficial Owners. Subject to the restrictions on transfer set forth
in this Section 5.02 and Applicable Procedures, the holder of a beneficial
interest in a Private Global Certificate may request that the Bond Administrator
cause the Depository (or any Agent Member) to notify the Certificate Registrar
and the Certificate Custodian in writing of a request for transfer or exchange
of such beneficial interest for an Individual Certificate or Certificates. Upon
receipt of such a request and payment by the related Beneficial Owner of any
attendant expenses, the Depositor shall cause the issuance and delivery of such
Individual Certificates. The Certificate Registrar may establish a reasonable
record date in connection with solicitations of consents from or voting by
Certificateholders and give notice to the Depository of such record date.
Without the written consent of the Certificate Registrar, no Global Certificate
may be transferred by the Depository except to a successor Depository that
agrees to hold the Global Certificates for the account of the Beneficial Owners.

            (c) Any of the Certificates may be issued with appropriate
insertions, omissions, substitutions and variations, and may have imprinted or
otherwise reproduced thereon such legend or legends, not inconsistent with the
provisions of this Agreement, as may be required to comply with any law or with
rules or regulations pursuant thereto, or with the rules of any securities
market in which the Certificates are admitted to trading, or to conform to
general usage.

            (d) The Global Certificates (i) shall be delivered by the
Certificate Registrar to the Depository or, pursuant to the Depository's
instructions on behalf of the Depository to, and deposited with, the Certificate
Custodian, and in either case shall be registered in the name of Cede & Co. and
(ii) shall bear a legend substantially to the following effect:

            "Unless this certificate is presented by an authorized
            representative of The Depository Trust Company, a New York
            corporation ("DTC"), to the Certificate Registrar for registration
            of transfer, exchange or payment, and any certificate issued is
            registered in the name of Cede & Co. or in such other name as is
            requested by an authorized representative of DTC (and any payment is
            made to Cede & Co. or to such other entity as is requested by an
            authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE
            HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL
            inasmuch as the registered owner hereof, Cede & Co., has an interest
            herein."

            The Global Certificates may be deposited with such other Depository
as the Certificate Registrar may from time to time designate, and shall bear
such legend as may be appropriate.

            (e) If (i) the Depository advises the Bond Administrator in writing
that the Depository is no longer willing, qualified or able properly to
discharge its responsibilities as Depository, and the Depositor is unable to
locate a qualified successor, (ii) the Depositor, at its sole option, elects to
terminate the book-entry system through the Depository with respect to all or
any portion of any Class of Certificates or (iii) after the occurrence of an
Event of Default, Beneficial Owners owning not less than a majority in
Certificate Balance or Notional Balance, as applicable, of the Global
Certificate for any Class then outstanding advise the Bond Administrator and the
Depository through Depository Participants in writing that the continuation of a
book-entry system through the Depository is no longer in the best interest of
the Beneficial Owner or Owners of such Global Certificate, the Bond
Administrator shall notify the affected Beneficial Owner or Owners through the
Depository of the occurrence of such event and the availability of Individual
Certificates to such Beneficial Owners requesting them. Upon surrender to the
Bond Administrator of Global Certificates by the Depository, accompanied by
registration instructions from the Depository for registration of transfer, the
Bond Administrator shall issue the Individual Certificates. Neither the Trustee,
the Bond Administrator, the Certificate Registrar, the Servicer, the Special
Servicer nor the Depositor shall be liable for any actions taken by the
Depository or its nominee, including, without limitation, any delay in delivery
of such instructions. Upon the issuance of Individual Certificates, the Trustee,
the Bond Administrator, the Certificate Registrar and the Servicer shall
recognize the Holders of Individual Certificates as Certificateholders
hereunder.

            (f) If the Bond Administrator, its agents or the Servicer or Special
Servicer has instituted or has been directed to institute any judicial
proceeding in a court to enforce the rights of the Certificateholders under the
Certificates, and the Bond Administrator, the Servicer or the Special Servicer
has been advised by counsel that in connection with such proceeding it is
necessary or appropriate for the Bond Administrator, the Servicer or the Special
Servicer to obtain possession of the Certificates, the Bond Administrator, the
Servicer or the Special Servicer may in its sole discretion determine that the
Certificates represented by the Global Certificates shall no longer be
represented by such Global Certificates. In such event, the Bond Administrator
or the Authenticating Agent will execute and authenticate and the Certificate
Registrar will deliver, in exchange for such Global Certificates, Individual
Certificates (and if the Bond Administrator or the Certificate Custodian has in
its possession Individual Certificates previously executed, the Authenticating
Agent will authenticate and the Certificate Registrar will deliver such
Certificates) in a Denomination equal to the aggregate Denomination of such
Global Certificates.

            (g) If the Trust Fund ceases to be subject to Section 13 or 15(d) of
the Exchange Act, the Bond Administrator shall make available to each Holder of
a Class X-1, Class X-2, Class F, Class G, Class H, Class J, Class K, Class L,
Class M, Class N and Class O, Class P, Class R or Class LR Certificate, upon
request of such a Holder, information, to the extent such information is in its
possession, substantially equivalent in scope to the information currently filed
by the Servicer with the Commission pursuant to the Exchange Act, plus such
additional information required to be provided for securities qualifying for
resales under Rule 144A under the Act, all of which information referred to in
this paragraph shall be provided on a timely basis to the Bond Administrator by
the Servicer.

            For so long as the Class R or Class LR Certificates remain
outstanding, none of the Depositor, the Bond Administrator or the Certificate
Registrar shall take any action which would cause the Trust Fund to fail to be
subject to Section 15(d) of the Exchange Act.

            (h) Each Certificate may be printed or in typewritten or similar
form, and each Certificate shall, upon original issue, be executed and
authenticated by the Bond Administrator or the Authenticating Agent and
delivered to the Depositor. All Certificates shall be executed by manual or
facsimile signature on behalf of the Bond Administrator or Authenticating Agent
by an authorized officer or signatory. Certificates bearing the signature of an
individual who was at any time the proper officer or signatory of the Bond
Administrator or Authenticating Agent shall bind the Bond Administrator or
Authenticating Agent, notwithstanding that such individual has ceased to hold
such office or position prior to the delivery of such Certificates or did not
hold such office or position at the date of such Certificates. No Certificate
shall be entitled to any benefit under this Agreement, or be valid for any
purpose, unless there appears on such Certificate a certificate of
authentication in the form set forth in Exhibits A-1 through A-21 executed by
the Authenticating Agent by manual signature, and such certificate of
authentication upon any Certificate shall be conclusive evidence, and the only
evidence, that such Certificate has been duly authenticated and delivered
hereunder. All Certificates shall be dated the date of their authentication.

            Section 5.02 Registration, Transfer and Exchange of Certificates.
(a) The Bond Administrator shall keep or cause to be kept at its offices books
(the "Certificate Register") for the registration, transfer and exchange of
Certificates (the Bond Administrator, in such capacity, being the "Certificate
Registrar"). The names and addresses of all Certificateholders and the names and
addresses of the transferees of any Certificates shall be registered in the
Certificate Register; provided, however, in no event shall the Certificate
Registrar be required to maintain in the Certificate Register the names of the
individual Participants holding beneficial interests in the Trust Fund through
the Depository. The Person in whose name any Certificate is so registered shall
be deemed and treated as the sole owner and Holder thereof for all purposes of
this Agreement and the Depositor, Certificate Registrar, the Servicer, Special
Servicer, the Trustee, the Bond Administrator, any Paying Agent and any agent of
any of them shall not be affected by any notice or knowledge to the contrary. An
Individual Certificate is transferable or exchangeable only upon the surrender
of such Certificate to the Certificate Registrar at its offices together with an
assignment and transfer (executed by the Holder or his duly authorized
attorney), subject to the requirements of Sections 5.01(h) and 5.02(c), (d),
(e), (f), (g), (h) and (i). Upon request of the Bond Administrator, the
Certificate Registrar shall provide the Bond Administrator with the names,
addresses and Percentage Interests of the Holders.

            (b) Upon surrender for registration of transfer of any Individual
Certificate, subject to the requirements of Sections 5.02(c), (d), (e), (f),
(g), (h) and (i), the Bond Administrator shall execute and the Authenticating
Agent shall duly authenticate in the name of the designated transferee or
transferees, one or more new Certificates in Denominations of a like aggregate
Denomination as the Individual Certificate being surrendered. Such Certificates
shall be delivered by the Certificate Registrar in accordance with Section
5.02(e). Each Certificate surrendered for registration of transfer shall be
canceled and subsequently destroyed by the Certificate Registrar. Each new
Certificate issued pursuant to this Section 5.02 shall be registered in the name
of any Person as the transferring Holder may request, subject to the provisions
of Sections 5.01(h) and 5.02(c), (d), (e), (f), (g), (h) and (i).

            (c) In addition to the provisions of Sections 5.01(h) and 5.02(d),
(e), (f), (g), (h) and (i) and the rules of the Depository, the exchange,
transfer and registration of transfer of Individual Certificates or beneficial
interests in the Private Global Certificates shall be subject to the following
restrictions:

            (i) Transfers between Holders of Individual Certificates. With
      respect to the transfer and registration of transfer of an Individual
      Certificate representing an interest in the Class R or Class LR
      Certificates to a transferee that takes delivery in the form of an
      Individual Certificate:

                  (A) The Certificate Registrar shall register the transfer of
            an Individual Certificate if the requested transfer is being made by
            a transferee who has provided the Certificate Registrar with an
            Investment Representation Letter substantially in the form of
            Exhibit D-1 hereto (an "Investment Representation Letter"), to the
            effect that the transfer is being made to a Qualified Institutional
            Buyer in accordance with Rule 144A;

                  (B) The Certificate Registrar shall register the transfer of
            an Individual Certificate pursuant to Regulation S after the
            expiration of the Restricted Period if (1) the transferor has
            provided the Certificate Registrar with a Regulation S Transfer
            Certificate substantially in the form of Exhibit G hereto (a
            "Regulation S Transfer Certificate"), and (2) the transferee
            furnishes to the Certificate Registrar an Investment Representation
            Letter; or

                  (C) The Certificate Registrar shall register the transfer of
            an Individual Certificate if prior to the transfer such transferee
            furnishes to the Certificate Registrar (1) an Investment
            Representation Letter to the effect that the transfer is being made
            to an Institutional Accredited Investor or to an Affiliated Person
            in accordance with an applicable exemption under the Act, and (2) an
            opinion of counsel acceptable to the Certificate Registrar that such
            transfer is in compliance with the Act;

      and, in each case, the Certificate Registrar shall register the transfer
      of an Individual Certificate only if prior to the transfer the transferee
      furnishes to the Certificate Registrar a written undertaking by the
      transferor to reimburse the Trust Fund for any costs incurred by it in
      connection with the proposed transfer. In addition, the Certificate
      Registrar may, as a condition of the registration of any such transfer,
      require the transferor to furnish such other certificates, legal opinions
      or other information (at the transferor's expense) as the Certificate
      Registrar may reasonably require to confirm that the proposed transfer is
      being made pursuant to an exemption from, or in a transaction not subject
      to, the registration requirements of the Act and other applicable laws.

            (ii) Transfers within the Private Global Certificates.
      Notwithstanding any provision to the contrary herein, so long as a Private
      Global Certificate remains outstanding and is held by or on behalf of the
      Depository, transfers within the Private Global Certificates shall only be
      made in accordance with this Section 5.02(c)(ii).

                  (A) Rule 144A Global Certificate to Regulation S Global
            Certificate During the Restricted Period. If, during the Restricted
            Period, a Beneficial Owner of an interest in a Rule 144A Global
            Certificate wishes at any time to transfer its beneficial interest
            in such Rule 144A Global Certificate to a Person who wishes to take
            delivery thereof in the form of a beneficial interest in the related
            Regulation S Global Certificate, such Beneficial Owner may, in
            addition to complying with all applicable rules and procedures of
            the Depository and Clearstream or Euroclear applicable to transfers
            by their respective participants (the "Applicable Procedures"),
            transfer or cause the transfer of such beneficial interest for an
            equivalent beneficial interest in such Regulation S Global
            Certificate only upon compliance with the provisions of this Section
            5.02(c)(ii)(A). Upon receipt by the Certificate Registrar at the
            Corporate Trust Office of (1) written instructions given in
            accordance with the Applicable Procedures from an Agent Member
            directing the Certificate Registrar to credit or cause to be
            credited to another specified Agent Member's account a beneficial
            interest in the Regulation S Global Certificate in an amount equal
            to the Denomination of the beneficial interest in the Rule 144A
            Global Certificate to be transferred, (2) a written order given in
            accordance with the Applicable Procedures containing information
            regarding the account of the Agent Member and the Euroclear or
            Clearstream account, as the case may be, to be credited with, and
            the account of the Agent Member to be debited for, such beneficial
            interest, and (3) a certificate in the form of Exhibit H hereto
            given by the Beneficial Owner of such interest, the Certificate
            Registrar shall instruct the Depository or the Certificate
            Custodian, as applicable, to reduce the Denomination of the Rule
            144A Global Certificate by the Denomination of the beneficial
            interest in the Rule 144A Global Certificate to be so transferred
            and, concurrently with such reduction, to increase the Denomination
            of the Regulation S Global Certificate by the Denomination of the
            beneficial interest in the Rule 144A Global Certificate to be so
            transferred, and to credit or cause to be credited to the account of
            the Person specified in such instructions (who shall be an Agent
            Member acting for or on behalf of Euroclear or Clearstream, or both,
            as the ease may be) a beneficial interest in the Regulation S Global
            Certificate having a Denomination equal to the amount by which the
            Denomination of the Rule 144A Global Certificate was reduced upon
            such transfer.

                  (B) Rule 144A Global Certificate to Regulation S Global
            Certificate After the Restricted Period. If, after the Restricted
            Period, a Beneficial Owner of an interest in a Rule 144A Global
            Certificate wishes at any time to transfer its beneficial interest
            in such Rule 144A Global Certificate to a Person who wishes to take
            delivery thereof in the form of a beneficial interest in the related
            Regulation S Global Certificate, such holder may, in addition to
            complying with all Applicable Procedures, transfer or cause the
            transfer of such beneficial interest for an equivalent beneficial
            interest in such Regulation S Global Certificate only upon
            compliance with the provisions of this Section 5.02(c)(ii)(B). Upon
            receipt by the Certificate Registrar at the Corporate Trust Office
            of (1) written instructions given in accordance with the Applicable
            Procedures from an Agent Member directing the Certificate Registrar
            to credit or cause to be credited to another specified Agent
            Member's account a beneficial interest in the Regulation S Global
            Certificate in an amount equal to the Denomination of the beneficial
            interest in the Rule 144A Global Certificate to be transferred, (2)
            a written order given in accordance with the Applicable Procedures
            containing information regarding the account of the Agent Member
            and, in the case of a transfer pursuant to and in accordance with
            Regulation S, the Euroclear or Clearstream account, as the case may
            be, to be credited with, and the account of the Agent Member to be
            debited for, such beneficial interest, and (3) a certificate in the
            form of Exhibit I hereto given by the Beneficial Owner of such
            interest, the Certificate Registrar shall instruct the Depository or
            the Certificate Custodian, as applicable, to reduce the Denomination
            of the Rule 144A Global Certificate by the aggregate Denomination of
            the beneficial interest in the Rule 144A Global Certificate to be so
            transferred and, concurrently with such reduction, to increase the
            Denomination of the Regulation S Global Certificate by the aggregate
            Denomination of the beneficial interest in the Rule 144A Global
            Certificate to be so transferred, and to credit or cause to be
            credited to the account of the Person specified in such instructions
            a beneficial interest in the Regulation S Global Certificate having
            a Denomination equal to the amount by which the Denomination of the
            Rule 144A Global Certificate was reduced upon such transfer.

                  (C) Regulation S Global Certificate to Rule 144A Global
            Certificate. If the Beneficial Owner of an interest in a Regulation
            S Global Certificate wishes at any time to transfer its beneficial
            interest in such Regulation S Global Certificate to a Person who
            wishes to take delivery thereof in the form of a beneficial interest
            in the related Rule 144A Global Certificate, such Beneficial Owner
            may, in addition to complying with all Applicable Procedures,
            transfer or cause the transfer of such beneficial interest for an
            equivalent beneficial interest in such Rule 144A Global Certificate
            only upon compliance with the provisions of this Section
            5.02(c)(ii)(C). Upon receipt by the Certificate Registrar at the
            Corporate Trust Office of (1) written instructions given in
            accordance with the Applicable Procedures from an Agent Member
            directing the Certificate Registrar to credit or cause to be
            credited to another specified Agent Member's account a beneficial
            interest in the Rule 144A Global Certificate in an amount equal to
            the Denomination of the beneficial interest in the Regulation S
            Global Certificate to be transferred, (2) a written order given in
            accordance with the Applicable Procedures containing information
            regarding the account of the Agent Member to be credited with, and
            the account of the Agent Member or, if such account is held for
            Euroclear or Clearstream, the Euroclear or Clearstream account, as
            the case may be, to be debited for, such beneficial interest, and
            (3) with respect to a transfer of a beneficial interest in a
            Regulation S Global Certificate for a beneficial interest in the
            related Rule 144A Global Certificate (i) during the Restricted
            Period, a certificate in the form of Exhibit J hereto given by the
            holder of such beneficial interest or (ii) after the Restricted
            Period, an Investment Representation Letter from the transferee to
            the effect that such transferee is a Qualified Institutional Buyer,
            the Certificate Registrar shall instruct the Depository or the
            Certificate Custodian, as applicable, to reduce the Denomination of
            the Regulation S Global Certificate by the aggregate Denomination of
            the beneficial interest in the Regulation S Global Certificate to be
            transferred, and, concurrently with such reduction, to increase the
            Denomination of the Rule 144A Global Certificate by the aggregate
            Denomination of the beneficial interest in the Regulation S Global
            Certificate to be so transferred, and to credit or cause to be
            credited to the account of the Person specified in such instructions
            a beneficial interest in such Rule 144A Global Certificate having a
            Denomination equal to the amount by which the Denomination of the
            Regulation S Global Certificate was reduced upon such transfer.

            (iii) Transfers from the Private Global Certificates to Individual
      Certificates. Any and all transfers from a Private Global Certificate to a
      transferee wishing to take delivery in the form of an Individual
      Certificate will require the transferee to take delivery subject to the
      restrictions on the transfer of such Individual Certificate described in a
      legend set forth on the face of such Certificate substantially in the form
      of Exhibit F as attached hereto (the "Securities Legend"), and such
      transferee agrees that it will transfer such Individual Certificate only
      as provided therein and herein. No such transfer shall be made and the
      Certificate Registrar shall not register any such transfer unless such
      transfer is made in accordance with this Section 5.02(c)(iii).

                  (A) Transfers of a beneficial interest in a Private Global
            Certificate to an Institutional Accredited Investor will require
            delivery in the form of an Individual Certificate and the
            Certificate Registrar shall register such transfer only upon
            compliance with the provisions of Section 5.02(c)(i)(c).

                  (B) Transfers of a beneficial interest in a Private Global
            Certificate to a Qualified Institutional Buyer or a Regulation S
            Investor wishing to take delivery in the form of an Individual
            Certificate will be registered by the Certificate Registrar only
            upon compliance with the provisions of Sections 5.02(c)(i)(A) and
            (B), respectively.

                  (C) Notwithstanding the foregoing, no transfer of a beneficial
            interest in a Regulation S Global Certificate to an Individual
            Certificate pursuant to subparagraph (B) above shall be made prior
            to the expiration of the Restricted Period.

      Upon acceptance for exchange or transfer of a beneficial interest in a
      Private Global Certificate for an Individual Certificate, as provided
      herein, the Certificate Registrar shall endorse on the schedule affixed to
      the related Private Global Certificate (or on a continuation of such
      schedule affixed to such Private Global Certificate and made a part
      thereof) an appropriate notation evidencing the date of such exchange or
      transfer and a decrease in the Denomination of such Private Global
      Certificate equal to the Denomination of such Individual Certificate
      issued in exchange therefor or upon transfer thereof. Unless determined
      otherwise by the Certificate Registrar and the Depositor in accordance
      with applicable law, an Individual Certificate issued upon transfer of or
      exchange for a beneficial interest in the Private Global Certificate shall
      bear the Securities Legend.

            (iv) Transfers of Individual Certificates to the Private Global
      Certificates. If a Holder of an Individual Certificate wishes at any time
      to transfer such Certificate to a Person who wishes to take delivery
      thereof in the form of a beneficial interest in the related Regulation S
      Global Certificate or the related Rule 144A Global Certificate, such
      transfer may be effected only in accordance with the Applicable Procedures
      and this Section 5.02(c)(iv). Upon receipt by the Certificate Registrar at
      the Corporate Trust Office of (l) the Individual Certificate to be
      transferred with an assignment and transfer pursuant to Section 5.02(a),
      (2) written instructions given in accordance with the Applicable
      Procedures from an Agent Member directing the Certificate Registrar to
      credit or cause to be credited to a specified Agent Member's account a
      beneficial interest in such Regulation S Global Certificate or such Rule
      144A Global Certificate, as the case may be, in an amount equal to the
      Denomination of the Individual Certificate to be so transferred, (3) a
      written order given in accordance with the Applicable Procedures
      containing information regarding the account of the Agent Member and, in
      the case of any transfer pursuant to Regulation S, the Euroclear or
      Clearstream account, as the case may be, to be credited with such
      beneficial interest, and (4) (x) an Investment Representation Letter from
      the transferee and, if delivery is to be taken in the form of a beneficial
      interest in the Regulation S Global Certificate, a Regulation S Transfer
      Certificate from the transferor or (y) an Investment Representation Letter
      from the transferee to the effect that such transferee is a Qualified
      Institutional Buyer if delivery is to be taken in the form of a beneficial
      interest in the Rule 144A Global Certificate, the Certificate Registrar
      shall cancel such Individual Certificate, execute and deliver a new
      Individual Certificate for the Denomination of the Individual Certificate
      not so transferred, registered in the name of the Holder or the Holder's
      transferee (as instructed by the Holder), and the Certificate Registrar
      shall instruct the Depository or the Certificate Custodian, as applicable,
      to increase the Denomination of the Regulation S Global Certificate or the
      Rule 144A Global Certificate, as the case may be, by the Denomination of
      the Individual Certificate to be so transferred, and to credit or cause to
      be credited to the account of the Person specified in such instructions
      who, in the case of any increase in the Regulation S Global Certificate
      during the Restricted Period, shall be an Agent Member acting for or on
      behalf of Euroclear or Clearstream, or both, as the case may be, a
      corresponding Denomination of the Rule 144A Global Certificate or the
      Regulation S Global Certificate, as the case may be.

      It is the intent of the foregoing that under no circumstances may an
      Institutional Accredited Investor that is not a Qualified Institutional
      Buyer take delivery in the form of a beneficial interest in a Private
      Global Certificate.

            (v) All Transfers. An exchange of a beneficial interest in a Private
      Global Certificate for an Individual Certificate or Certificates, an
      exchange of an Individual Certificate or Certificates for a beneficial
      interest in a Private Global Certificate and an exchange of an Individual
      Certificate or Certificates for another Individual Certificate or
      Certificates (in each case, whether or not such exchange is made in
      anticipation of subsequent transfer, and, in the case of the Private
      Global Certificates, so long as the Private Global Certificates remain
      outstanding and are held by or on behalf of the Depository), may be made
      only in accordance with this Section 5.02 and in accordance with the rules
      of the Depository and Applicable Procedures.

            (d) If Certificates are issued upon the transfer, exchange or
replacement of Certificates not bearing the Securities Legend, the Certificates
so issued shall not bear the Securities Legend. If Certificates are issued upon
the transfer, exchange or replacement of Certificates bearing the Securities
Legend, or if a request is made to remove the Securities Legend on a
Certificate, the Certificates so issued shall bear the Securities Legend, or the
Securities Legend shall not be removed, as the case may be, unless there is
delivered to the Certificate Registrar such satisfactory evidence, which may
include an opinion of counsel (at the expense of the party requesting the
removal of such legend) familiar with United States securities laws, as may be
reasonably required by the Certificate Registrar, that neither the Securities
Legend nor the restrictions on transfers set forth therein are required to
ensure that transfers of any Certificate comply with the provisions of Rule 144A
or Rule 144 under the Act or that such Certificate is not a "restricted
security" within the meaning of Rule 144 under the Act. Upon provision of such
satisfactory evidence, the Certificate Registrar shall execute and deliver a
Certificate that does not bear the Securities Legend.

            (e) Subject to the restrictions on transfer and exchange set forth
in Section 5.01(i) and in this Section 5.02, the Holder of any Individual
Certificate may transfer or exchange the same in whole or in part (with a
denomination equal to any authorized denomination) by surrendering such
Certificate at the office of the Bond Administrator or at the office of any
transfer agent appointed as provided under this Agreement, together with an
instrument of assignment or transfer (executed by the Holder or its duly
authorized attorney), in the case of transfer, and a written request for
exchange, in the case of exchange. Following a proper request for transfer or
exchange, the Certificate Registrar shall, within five Business Days of such
request if made at such office of the Bond Administrator or within ten Business
Days if made at the office of a transfer agent (other than the Certificate
Registrar), execute and deliver at the office of the Bond Administrator or at
the office of such transfer agent, as the case may be, to the transferee (in the
case of transfer) or Holder (in the case of exchange) or send by first class
mail (at the risk of the transferee in the case of transfer or Holder in the
case of exchange) to such address as the transferee or Holder, as applicable,
may request, an Individual Certificate or Certificates, as the case may require,
for a like aggregate Denomination and in such Denomination or Denominations as
may be requested. The presentation for transfer or exchange of any Individual
Certificate shall not be valid unless made at the office of the Bond
Administrator or at the office of a transfer agent by the registered Holder in
person, or by a duly authorized attorney-in-fact. The Certificate Registrar may
decline to accept any request for an exchange or registration of transfer of any
Certificate during the period of 15 days preceding any Distribution Date.

            (f) An Individual Certificate (other than an Individual Certificate
issued in exchange for a beneficial interest in a Global Certificate pursuant to
Section 5.01) or a beneficial interest in a Private Global Certificate may only
be transferred to Eligible Investors, as described herein. In the event that a
Responsible Officer of the Certificate Registrar becomes aware that such an
Individual Certificate or beneficial interest in a Private Global Certificate is
being held by or for the benefit of a Person who is not an Eligible Investor, or
that such holding is unlawful under the laws of a relevant jurisdiction, then
the Certificate Registrar shall have the right to void such transfer, if
permitted under applicable law, or to require the investor to sell such
Individual Certificate or beneficial interest in a Private Global Certificate to
an Eligible Investor within fourteen days after notice of such determination and
each Certificateholder by its acceptance of a Certificate authorizes the
Certificate Registrar to take such action.

            (g) Subject to the provisions of this Section 5.02 regarding
transfer and exchange, transfers of the Global Certificates shall be limited to
transfers of such Global Certificates in whole, but not in part, to nominees of
the Depository or to a successor of the Depository or such successor's nominee.

            (h) No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in this Section 5.02 other than for transfers to
Institutional Accredited Investors, as provided herein. In connection with any
transfer to an Institutional Accredited Investor, the transferor shall reimburse
the Trust Fund for any costs (including the cost of the Certificate Registrar's
counsel's review of the documents and any legal opinions, submitted by the
transferor or transferee to the Certificate Registrar as provided herein)
incurred by the Certificate Registrar in connection with such transfer. The
Certificate Registrar may require payment by each transferor of a sum sufficient
to cover any tax, expense or other governmental charge payable in connection
with any such transfer.

            (i) Subject to Section 5.02(e), transfers of the Class R and Class
LR Certificates may be made only in accordance with this Section 5.02(i). The
Certificate Registrar shall register the transfer of a Class R or Class LR
Certificate only if (x) the transferor has advised the Certificate Registrar in
writing that such Certificate is being transferred to a Qualified Institutional
Buyer, an Affiliated Person or an Institutional Accredited Investor and (y)
prior to such transfer the transferee furnishes to the Certificate Registrar an
Investment Representation Letter. In addition, the Certificate Registrar may as
a condition of the registration of any such transfer require the transferor to
furnish such other certifications, legal opinions or other information (at the
transferor's expense) as it may reasonably require to confirm that the proposed
transfer is being made pursuant to an exemption from, or in a transaction not
subject to, the registration requirements of the Act and other applicable laws.

            (j) Neither the Depositor, the Servicer, the Trustee, the Bond
Administrator nor the Certificate Registrar is obligated to register or qualify
the Class X-1, Class X-2, Class F, Class G, Class H, Class J, Class K, Class L,
Class M, Class N, Class O, Class P, Class R or Class LR Certificates under the
Act or any other securities law or to take any action not otherwise required
under this Agreement to permit the transfer of such Certificates without
registration or qualification. Any Certificateholder desiring to affect such a
transfer shall, and does hereby agree to, indemnify the Depositor, the Servicer,
the Trustee, the Bond Administrator and the Certificate Registrar, against any
loss, liability or expense that may result if the transfer is not so exempt or
is not made in accordance with such federal and state laws.

            (k) No transfer of any Class J, Class K, Class L, Class M, Class N
and Class O, Class P, Class R or Class LR Certificate (each, a "Restricted
Certificate") shall be made to (i) an employee benefit plan subject to the
fiduciary responsibility provisions of ERISA, or Section 4975 of the Code, or a
governmental plan, as defined in Section 3(32) of ERISA, subject to any federal,
state or local law ("Similar Law") which is to a material extent similar to the
foregoing provisions of ERISA or the Code (each, a "Plan") or (ii) a collective
investment fund in which a Plan is invested, an insurance company that is using
the assets of any insurance company separate account or general account in which
the assets of any such Plan are invested (or which are deemed pursuant to ERISA
or any Similar Law to include assets of Plans) to acquire any such Restricted
Certificate or any other Person acting on behalf of any Plan or using the assets
of any Plan to acquire any such Restricted Certificate, other than (with respect
to transfer of Restricted Certificates other than the Residual Certificates) an
insurance company using the assets of its general account under circumstances
whereby such transfer to such insurance company would be exempt from the
"prohibited transaction" provisions of Sections 406 and 407 of ERISA and Section
4975 of the Code under Sections I and III of PTCE 95-60, or a substantially
similar exemption under Similar Law. Each prospective transferee of a Restricted
Certificate shall either (i) deliver to the Depositor, the Certificate Registrar
and the Bond Administrator, a transfer or representation letter, substantially
in the form of Exhibit D-2 hereto, stating that the prospective transferee is
not a Person referred to in (i) or (ii) above or (ii) in the event the
transferee is such an entity specified in (i) or (ii) above (except in the case
of a Residual Certificate, which may not be transferred unless the transferee
represents it is not such an entity), such entity shall provide any opinions of
counsel, officers' certificates or agreements as may be required by, and in form
and substance satisfactory to, the Depositor, the Bond Administrator and the
Certificate Registrar, to the effect that the purchase and holding of the
Certificates by or on behalf of a Plan will not constitute or result in a
prohibited transaction within the meaning of Sections 406 and 407 of ERISA and
Section 4975 of the Code, and will not subject the Servicer, the Special
Servicer, the Depositor, the Trustee, the Bond Administrator or the Certificate
Registrar to any obligation or liability. None of the Trustee, the Bond
Administrator or the Certificate Registrar shall register a Class R or Class LR
Certificate in any Person's name unless such Person has provided the letter
referred to in clause (i) of the preceding sentence. The transferee of a
beneficial interest in a Global Certificate that is a Restricted Certificate
shall be deemed to represent that it is not a Plan or a Person acting on behalf
of any Plan or using the assets of any Plan to acquire such interest other than
(with respect to transfers of beneficial interests in Global Certificates which
are Restricted Certificates other than the Residual Certificates) an insurance
company using the assets of its general account under circumstances whereby such
transfer to such insurance company would be exempt from the "prohibited
transaction" provisions of Sections 406 and 407 of ERISA and Section 4975 of the
Code under Sections I and III of PTCE 95-60, or a substantially similar
exemption under Similar Law. Any transfer of a Restricted Certificate that would
violate or result in a prohibited transaction under ERISA or Section 4975 of the
Code or Similar Law shall be deemed absolutely null and void ab initio.

            (l) Each Person who has or acquires any Ownership Interest shall be
deemed by the acceptance or acquisition of such Ownership Interest to have
agreed to be bound by the following provisions and the rights of each Person
acquiring any Ownership Interest are expressly subject to the following
provisions:

            (i) Each Person acquiring or holding any Ownership Interest shall be
      a Permitted Transferee and shall not acquire or hold such Ownership
      Interest as agent (including a broker, nominee or other middleman) on
      behalf of any Person that is not a Permitted Transferee. Any such Person
      shall promptly notify the Certificate Registrar of any change or impending
      change in its status (or the status of the beneficial owner of such
      Ownership Interest) as a Permitted Transferee. Any acquisition described
      in the first sentence of this Section 5.02(l) by a Person who is not a
      Permitted Transferee or by a Person who is acting as an agent of a Person
      who is not a Permitted Transferee shall be void and of no effect, and the
      immediately preceding owner who was a Permitted Transferee shall be
      restored to registered and beneficial ownership of the Ownership Interest
      as fully as possible.

            (ii) No Ownership Interest may be Transferred, and no such Transfer
      shall be registered in the Certificate Register, without the express
      written consent of the Certificate Registrar, and the Certificate
      Registrar shall not recognize the Transfer, and such proposed Transfer
      shall not be effective, without such consent with respect thereto. In
      connection with any proposed Transfer of any Ownership Interest, the
      Certificate Registrar shall, as a condition to such consent, (x) require
      delivery to it in form and substance satisfactory to it, and the proposed
      transferee shall deliver to the Certificate Registrar and to the proposed
      transferor an affidavit in substantially the form attached as Exhibit C-1
      (a "Transferee Affidavit") of the proposed transferee (A) that such
      proposed transferee is a Permitted Transferee and (B) stating that (i) the
      proposed transferee historically has paid its debts as they have come due
      and intends to do so in the future, (ii) the proposed transferee
      understands that, as the holder of an Ownership Interest, it may incur
      liabilities in excess of cash flows generated by the residual interest,
      (iii) the proposed transferee intends to pay taxes associated with holding
      the Ownership Interest as they become due, (iv) the proposed transferee
      will not transfer the Ownership Interest to any Person that does not
      provide a Transferee Affidavit or as to which the proposed transferee has
      actual knowledge that such Person is not a Permitted Transferee or is
      acting as an agent (including a broker, nominee or other middleman) for a
      Person that is not a Permitted Transferee, (v) the proposed transferee
      will not cause income from the Class R or Class LR Certificate to be
      attributable to a foreign permanent establishment or fixed base, within
      the meaning of an applicable income tax treaty, of the proposed transferee
      or any other U.S. Person and (vi) the proposed transferee expressly agrees
      to be bound by and to abide by the provisions of this Section 5.02(l) and
      (y) other than in connection with the initial issuance of the Class R and
      Class LR Certificates, require a statement from the proposed transferor
      substantially in the form attached as Exhibit C-2 (the "Transferor
      Letter"), that the proposed transferor has no actual knowledge that the
      proposed transferee is not a Permitted Transferee and has no actual
      knowledge or reason to know that the proposed transferee's statements in
      the preceding clauses (x)(B)(i) or (iii) are false.

            (iii) Notwithstanding the delivery of a Transferee Affidavit by a
      proposed transferee under clause (ii) above, if a Responsible Officer of
      the Certificate Registrar has actual knowledge that the proposed
      transferee is not a Permitted Transferee, no Transfer to such proposed
      transferee shall be effected and such proposed Transfer shall not be
      registered on the Certificate Register; provided, however, that the
      Certificate Registrar shall not be required to conduct any independent
      investigation to determine whether a proposed transferee is a Permitted
      Transferee.

            Neither the Bond Administrator nor the Certificate Registrar shall
have any obligation or duty to monitor, determine or inquire as to compliance
with any restriction or transfer imposed under Article V of this Agreement or
under applicable law with respect to any transfer of any Certificate, or any
interest therein, other than to require delivery of the certification(s) and/or
opinions of counsel described in Article V applicable with respect to changes in
registration of record ownership of Certificates in the Certificate Register.
The Bond Administrator and the Certificate Registrar shall have no liability for
transfers, including transfers made through the book-entry facilities of the
Depository or between or among Depository Participants or Beneficial Owners made
in violation of applicable restrictions.

            Upon notice to the Certificate Registrar that there has occurred a
Transfer to any Person that is a Disqualified Organization or an agent thereof
(including a broker, nominee, or middleman) in contravention of the foregoing
restrictions, and in any event not later than 60 days after a request for
information from the transferor of such Ownership Interest, or such agent, the
Certificate Registrar and the Bond Administrator agree to furnish to the IRS and
the transferor of such Ownership Interest or such agent such information
necessary to the application of Section 860E(e) of the Code as may be required
by the Code, including, but not limited to, the present value of the total
anticipated excess inclusions with respect to such Class R or Class LR
Certificate (or portion thereof) for periods after such Transfer. At the
election of the Certificate Registrar and the Bond Administrator, the
Certificate Registrar and the Bond Administrator may charge a reasonable fee for
computing and furnishing such information to the transferor or to such agent
referred to above; provided, however, that such Persons shall in no event be
excused from furnishing such information.

            Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates. If
(i) any mutilated Certificate is surrendered to the Certificate Registrar, or
the Certificate Registrar receives evidence to its satisfaction of the
destruction, loss or theft of any Certificate, and (ii) there is delivered to
the Certificate Registrar such security or indemnity as may be required by it to
save it, the Bond Administrator and the Servicer harmless, then, in the absence
of actual knowledge by a Responsible Officer of the Certificate Registrar that
such Certificate has been acquired by a bona fide purchaser, the Bond
Administrator or the Authenticating Agent shall execute and authenticate and the
Certificate Registrar shall deliver, in exchange for or in lieu of any such
mutilated, destroyed, lost or stolen Certificate, a new Certificate of the same
Class and of like tenor and Percentage Interest. Upon the issuance of any new
Certificate under this Section 5.03, the Certificate Registrar may require the
payment of a sum sufficient to cover any tax or other governmental charge that
may be imposed in relation thereto and any other expenses (including the fees
and expenses of the Certificate Registrar) connected therewith. Any replacement
Certificate issued pursuant to this Section 5.03 shall constitute complete and
indefeasible evidence of ownership of the corresponding interest in the Trust
Fund, as if originally issued, whether or not the lost, stolen or destroyed
Certificate shall be found at any time.

            Section 5.04 Appointment of Paying Agent. The Bond Administrator may
appoint a paying agent for the purpose of making distributions to
Certificateholders pursuant to Section 4.01. The Bond Administrator shall cause
such Paying Agent, if other than the Bond Administrator or the Servicer, to
execute and deliver to the Servicer and the Bond Administrator an instrument in
which such Paying Agent shall agree with the Servicer and the Bond Administrator
that such Paying Agent will hold all sums held by it for the payment to
Certificateholders in trust for the benefit of the Certificateholders entitled
thereto until such sums have been paid to the Certificateholders or disposed of
as otherwise provided herein. The initial Paying Agent shall be the Bond
Administrator. Except for the Bond Administrator, as the initial Paying Agent,
the Paying Agent shall at all times be an entity having a long-term unsecured
debt rating of at least "A+" by S&P, "AA" by Fitch and "A" by DBRS or, if not
rated by DBRS, an equivalent rating such as those listed above by two
nationally-recognized statistical rating organizations, or shall be otherwise
acceptable to each Rating Agency.

            Section 5.05 Access to Certificateholders' Names and Addresses. (a)
If any Certificateholder (for purposes of this Section 5.05, an "Applicant")
applies in writing to the Certificate Registrar, and such application states
that the Applicant desires to communicate with other Certificateholders, the
Certificate Registrar shall furnish or cause to be furnished to such Applicant a
list of the names and addresses of the Certificateholders as of the most recent
Record Date, at the expense of the Applicant.

            (b) Every Certificateholder, by receiving and holding its
Certificate, agrees with the Bond Administrator that the Bond Administrator and
the Certificate Registrar shall not be held accountable in any way by reason of
the disclosure of any information as to the names and addresses of the
Certificateholders hereunder, regardless of the source from which such
information was derived.

            Section 5.06 Actions of Certificateholders. (a) Any request, demand,
authorization, direction, notice, consent, waiver or other action provided by
this Agreement to be given or taken by Certificateholders may be embodied in and
evidenced by one or more instruments of substantially similar tenor signed by
such Certificateholders in person or by agent duly appointed in writing; and
except as herein otherwise expressly provided, such action shall become
effective when such instrument or instruments are delivered to the Bond
Administrator and, when required, to the Servicer. Proof of execution of any
such instrument or of a writing appointing any such agent shall be sufficient
for any purpose of this Agreement and conclusive in favor of the Bond
Administrator and the Servicer, if made in the manner provided in this Section.

            (b) The fact and date of the execution by any Certificateholder of
any such instrument or writing may be proved in any reasonable manner which the
Bond Administrator deems sufficient.

            (c) Any request, demand, authorization, direction, notice, consent,
waiver or other act by a Certificateholder shall bind every Holder of every
Certificate issued upon the registration of transfer thereof or in exchange
therefor or in lieu thereof, in respect of anything done, or omitted to be done,
by the Bond Administrator or the Servicer in reliance thereon, whether or not
notation of such action is made upon such Certificate.

            (d) The Bond Administrator or Certificate Registrar may require such
additional proof of any matter referred to in this Section 5.06 as it shall deem
necessary.

                                   ARTICLE VI

              THE DEPOSITOR, THE SERVICER AND THE SPECIAL SERVICER

            Section 6.01 Liability of the Depositor, the Servicer and the
Special Servicer. The Depositor, the Servicer and the Special Servicer each
shall be liable in accordance herewith only to the extent of the obligations
specifically imposed by this Agreement.

            Section 6.02 Merger or Consolidation of the Servicer. Subject to the
following paragraph, the Servicer will keep in full effect its existence, rights
and good standing as a corporation under the laws of the State of California and
will not jeopardize its ability to do business in each jurisdiction in which the
Mortgaged Properties are located or to protect the validity and enforceability
of this Agreement, the Certificates or any of the Mortgage Loans and to perform
its respective duties under this Agreement.

            The Servicer, the Special Servicer or the Depositor may be merged or
consolidated with or into any Person, or transfer all or substantially all of
its assets to any Person, in which case any Person resulting from any merger or
consolidation to which it shall be a party, or any Person succeeding to its
business, shall be the successor of the Servicer, the Special Servicer or the
Depositor hereunder, and shall be deemed to have assumed all of the liabilities
of the Servicer, the Special Servicer or the Depositor hereunder, if each of the
Rating Agencies has confirmed in writing that such merger or consolidation or
transfer of assets and succession, in and of itself, will not cause a downgrade,
qualification or withdrawal of the then-current ratings assigned by such Rating
Agency to any Class of Certificates or Serviced Companion Loan Securities.

            Section 6.03 Limitation on Liability of the Depositor, the Servicer
and Others. (a) None of the Depositor, the Servicer or the Special Servicer or
any of the directors, officers, employees, members, managers or agents
(including subservicers) of the Depositor, the Servicer or the Special Servicer
shall be under any liability to the Trust Fund, the Certificateholders or any
Serviced Companion Loan Noteholders for any action taken, or for refraining from
the taking of any action, in good faith pursuant to this Agreement, or for
errors in judgment; provided, however, that this provision shall not protect the
Depositor, Servicer or the Special Servicer, or any member, manager, director,
officer, employee or agent (including subservicers) of the Depositor, the
Servicer or the Special Servicer, against any breach of warranties or
representations made herein, or against any liability which would otherwise be
imposed by reason of willful misconduct, bad faith, fraud or negligence in the
performance of duties or by reason of negligent disregard of obligations or
duties hereunder. The Depositor, the Servicer, the Special Servicer, and any
member, manager, director, officer, employee or agent (including subservicers)
of the Depositor, the Servicer or the Special Servicer may rely in good faith on
any document of any kind which, prima facie, is properly executed and submitted
by any appropriate Person respecting any matters arising hereunder. The
Depositor, the Servicer, the Special Servicer and any member, manager, director,
officer, employee or agent (including subservicers) of the Depositor, the
Servicer or the Special Servicer shall be indemnified and held harmless by the
Trust Fund out of the Collection Account (or if such matter relates to the
Serviced Whole Loan, first out of the Serviced Whole Loan Collection Account and
then, if funds therein are insufficient, out of the Collection Account) against
any loss, liability or expense (including legal fees and expenses) incurred in
connection with any claim or legal action relating to this Agreement or the
Certificates, other than any loss, liability or expense (i) incurred by reason
of willful misconduct, bad faith, fraud or negligence in the performance of
duties hereunder or by reason of negligent disregard of obligations or duties
hereunder, in each case by the Person being indemnified, (ii) imposed by any
taxing authority if such loss, liability or expense is not specifically
reimbursable pursuant to the terms of this Agreement or (iii) in the case of the
Depositor and any of its directors, officers, members, managers, employees and
agents, incurred in connection with any violation by any of them of any state or
federal securities laws.

            None of the Depositor, the Servicer or the Special Servicer shall be
under any obligation to appear in, prosecute or defend any legal action unless
such action is related to its respective duties under this Agreement and in its
opinion does not expose it to any expense or liability; provided, however, that
the Depositor, the Servicer or the Special Servicer may in its discretion
undertake any action related to its obligations hereunder which it may deem
necessary or desirable with respect to this Agreement and the rights and duties
of the parties hereto and the interests of the Certificateholders and Serviced
Companion Loan Noteholders hereunder. In such event, the legal expenses and
costs of such action and any liability resulting therefrom shall be expenses,
costs and liabilities of the Trust Fund and, in the case of the Serviced Whole
Loan, the Serviced Companion Loan Noteholders on a pro rata basis based on the
Mortgage Loan's or Serviced Companion Loan's, as applicable, Stated Principal
Balance (but subject to the limitations specified herein), and the Depositor,
the Servicer and the Special Servicer shall be entitled to be reimbursed
therefor from the Collection Account or the Serviced Whole Loan Collection
Account, as applicable, as provided in Section 3.06 of this Agreement.

            The terms of this Section 6.03 shall survive the termination of any
party hereto or of this Agreement.

            (b) The Directing Certificateholder shall have no liability
whatsoever to the Trust Fund or any Certificateholder other than a Controlling
Class Certificateholder and shall have no liability to any Controlling Class
Certificateholder for any action taken, or for refraining from the taking of any
action, in good faith pursuant to this Agreement, or for errors in judgment;
provided, however, that, with respect to Controlling Class Certificateholders,
the Directing Certificateholder shall not be protected against any liability
which would otherwise be imposed by reason of willful misfeasance, bad faith or
negligence in the performance of duties or by reason of reckless disregard of
obligations or duties. By its acceptance of a Certificate, each
Certificateholder confirms its understanding that the Directing
Certificateholder may take actions that favor the interests of one or more
Classes of the Certificates over other Classes of the Certificates, and that the
Directing Certificateholder may have special relationships and interests that
conflict with those of Holders of some Classes of the Certificates, that the
Directing Certificateholder may act solely in the interests of the Holders of
the Controlling Class, that the Directing Certificateholder does not have any
duties to the Holders of any Class of Certificates other than the Controlling
Class, that the Directing Certificateholder may take actions that favor the
interests of the Holders of the Controlling Class over the interests of the
Holders of one or more other classes of Certificates, that the Directing
Certificateholder, absent willful misfeasance, bad faith or negligence, shall
not be deemed to have been negligent or reckless, or to have acted in bad faith
or engaged in willful misfeasance, by reason of its having acted solely in the
interests of the Holders of the Controlling Class, and that the Directing
Certificateholder shall have no liability whatsoever for having so acted, and no
Certificateholder may take any action whatsoever against the Directing
Certificateholder or any director, officer, employee, agent or principal thereof
for having so acted.

            Section 6.04 Limitation on Resignation of the Servicer and the
Special Servicer; Termination of the Servicer and the Special Servicer. (a) The
Servicer and the Special Servicer may assign their respective rights and
delegate their respective duties and obligations under this Agreement in
connection with the sale or transfer of a substantial portion of their mortgage
servicing or asset management portfolio, provided that: (i) the purchaser or
transferee accepting such assignment and delegation (A) shall be an established
mortgage finance institution, bank or mortgage servicing institution, organized
and doing business under the laws of any state of the United States or the
District of Columbia, authorized under such laws to perform the duties of a
servicer of mortgage loans or a Person resulting from a merger, consolidation or
succession that is permitted under Section 6.02, (B) shall be acceptable to each
Rating Agency as confirmed by a letter from each Rating Agency delivered to the
Trustee and the Bond Administrator that such assignment or delegation will not
cause a downgrade, withdrawal or qualification of the then-current ratings of
the Certificates and any Serviced Companion Loan Securities, and (C) shall
execute and deliver to the Trustee and the Bond Administrator an agreement, in
form and substance reasonably satisfactory to the Trustee and the Bond
Administrator, which contains an assumption by such Person of the due and
punctual performance and observance of each covenant and condition to be
performed or observed by the Servicer or Special Servicer, as applicable under
this Agreement from and after the date of such agreement; (ii) as confirmed by a
letter from each Rating Agency delivered to the Trustee and the Bond
Administrator, each Rating Agency's rating or ratings of the Certificates and
any Serviced Companion Loan Securities in effect immediately prior to such
assignment, sale or transfer will not be qualified, downgraded or withdrawn as a
result of such assignment, sale or transfer; (iii) the Servicer or the Special
Servicer shall not be released from its obligations under this Agreement that
arose prior to the effective date of such assignment and delegation under this
Section 6.04; (iv) the Trustee and the Bond Administrator shall have given their
written consent thereto; and (v) the rate at which the Servicer Compensation or
Special Servicer Compensation, as applicable (or any component thereof) is
calculated shall not exceed the rate then in effect. Upon acceptance of such
assignment and delegation, the purchaser or transferee shall be the successor
Servicer or Special Servicer, as applicable, hereunder.

            (b) Except as provided in Section 6.02 and this Section 6.04, the
Servicer and the Special Servicer shall not resign from their respective
obligations and duties hereby imposed on them except upon determination that
such duties hereunder are no longer permissible under applicable law. Any such
determination permitting the resignation of the Servicer or the Special
Servicer, as applicable, shall be evidenced by an Opinion of Counsel (obtained
at the resigning Servicer's or Special Servicer's expense) to such effect
delivered to the Trustee and the Bond Administrator.

            (c) The Trustee shall be permitted to remove the Servicer or Special
Servicer. Without limiting the generality of the succeeding paragraph, no such
removal shall be effective unless and until (i) the Servicer or the Special
Servicer has been paid any unpaid Servicer Compensation or Special Servicer
Compensation, as applicable, unreimbursed Advances (including Advance Interest
Amounts thereon to which it is entitled) and all other amounts to which the
Servicer or the Special Servicer is entitled hereunder to the extent such
amounts accrue prior to such effective date and (ii) with respect to a
resignation by the Servicer, the successor Servicer has deposited into the
Investment Accounts from which amounts were withdrawn to reimburse the
terminated Servicer, an amount equal to the amounts so withdrawn, to the extent
such amounts would not have been permitted to be withdrawn except pursuant to
this paragraph, in which case the successor Servicer shall, immediately upon
deposit, have the same right of reimbursement or payment as the terminated
Servicer had immediately prior to its termination without regard to the
operation of this paragraph.

            No resignation or removal of the Servicer or the Special Servicer as
contemplated by the preceding paragraphs shall become effective until the
Trustee or a successor Servicer or Special Servicer shall have assumed the
Servicer's or the Special Servicer's responsibilities, duties, liabilities and
obligations hereunder. If no successor Servicer or Special Servicer can be
obtained to perform such obligations for the same compensation to which the
terminated Servicer or Special Servicer would have been entitled, additional
amounts payable to such successor Servicer or Special Servicer shall be treated
as Realized Losses.

            Section 6.05 Rights of the Depositor and the Trustee in Respect of
the Servicer and the Special Servicer. The Servicer and the Special Servicer
shall afford the Depositor, the Underwriters, the Trustee, the Bond
Administrator and the Rating Agencies, upon reasonable notice, during normal
business hours access to all records maintained by it in respect of its rights
and obligations hereunder and access to its officers responsible for such
obligations. Upon request, the Servicer and the Special Servicer shall furnish
to the Depositor, Servicer, Special Servicer, the Trustee and the Bond
Administrator its most recent financial statements (or, with respect to the
Servicer, those of its ultimate parent) and such other information in its
possession regarding its (or, with respect to the Servicer, its ultimate
parent's) business, affairs, property and condition, financial or otherwise as
the party requesting such information, in its reasonable judgment, determines to
be relevant to the performance of the obligations hereunder of the Servicer and
the Special Servicer. The Depositor may, but is not obligated to, enforce the
obligations of the Servicer or the Special Servicer hereunder which are in
default and may, but is not obligated to, perform, or cause a designee to
perform, any defaulted obligation of such Person hereunder or exercise its
rights hereunder, provided that the Servicer and the Special Servicer shall not
be relieved of any of its obligations hereunder by virtue of such performance by
the Depositor or its designee. In the event the Depositor or its designee
undertakes any such action, it will be reimbursed by the Trust Fund from the
Collection Account or the Serviced Whole Loan Collection Account, as applicable,
as provided in Section 3.06 and Section 6.03(a) hereof to the extent not
recoverable from the Servicer or Special Servicer, as applicable. None of the
Depositor, the Trustee nor the Bond Administrator and neither the Servicer, with
respect to the Special Servicer, or the Special Servicer, with respect to the
Servicer, shall have any responsibility or liability for any action or failure
to act by the Servicer or the Special Servicer and neither such Person is
obligated to monitor or supervise the performance of the Servicer or the Special
Servicer under this Agreement or otherwise. Neither the Servicer nor the Special
Servicer shall be under any obligation to disclose confidential or proprietary
information pursuant to this Section.

            Section 6.06 Servicer or Special Servicer as Owner of a Certificate.
The Servicer or an Affiliate of the Servicer, or the Special Servicer or an
Affiliate of the Special Servicer, may become the Holder (or with respect to a
Global Certificate, Beneficial Owner) of any Certificate with the same rights it
would have if it were not the Servicer or the Special Servicer or an Affiliate
thereof. If, at any time during which the Servicer or the Special Servicer or an
Affiliate of the Servicer or the Special Servicer is the Holder or Beneficial
Owner of any Certificate, the Servicer or the Special Servicer proposes to take
action (including for this purpose, omitting to take action) that (i) is not
expressly prohibited by the terms hereof and would not, in the Servicer's or the
Special Servicer's good faith judgment, violate the Servicing Standard, and (ii)
if taken, might nonetheless, in the Servicer's or the Special Servicer's good
faith judgment, be considered by other Persons to violate the Servicing
Standard, the Servicer or the Special Servicer may but need not seek the
approval of the Certificateholders to such action by delivering to the Bond
Administrator a written notice that (i) states that it is delivered pursuant to
this Section 6.06, (ii) identifies the Percentage Interest in each Class of
Certificates beneficially owned by the Servicer or the Special Servicer or an
Affiliate of the Servicer or the Special Servicer, and (iii) describes in
reasonable detail the action that the Servicer or the Special Servicer proposes
to take. The Bond Administrator, upon receipt of such notice, shall forward it
to the Certificateholders (other than the Servicer and its Affiliates or the
Special Servicer and its Affiliates, as appropriate) together with such
instructions for response as the Bond Administrator shall reasonably determine.
If at any time Certificateholders holding a majority of the Voting Rights of all
Certificateholders and the Directing Certificateholder (calculated without
regard to the Certificates beneficially owned by the Servicer or its Affiliates
or the Special Servicer or its Affiliates, as applicable) shall have consented
in writing to the proposal described in the written notice, and if the Servicer
or the Special Servicer shall act as proposed in the written notice, such action
shall be deemed to comply with the Servicing Standard. The Bond Administrator
shall be entitled to reimbursement from the Servicer or the Special Servicer, as
applicable, of the reasonable expenses of the Bond Administrator incurred
pursuant to this paragraph. It is not the intent of the foregoing provision that
the Servicer or the Special Servicer be permitted to invoke the procedure set
forth herein with respect to routine servicing matters arising hereunder, except
in the case of unusual circumstances.

            Section 6.07 Certain Matters Relating to the Non-Serviced Mortgage
Loans. Each Other Servicer, the Other Special Servicer, the Other Depositor and
the Other Trustee, and any of their respective directors, officers, employees or
agents (collectively, the "Other Indemnified Parties"), shall be indemnified by
the Trust and held harmless against the Trust's pro rata share (subject to the
related Co-Lender Agreement) of any and all claims, losses, damages, penalties,
fines, forfeitures, reasonable legal fees and related costs, judgments, and any
other costs, liabilities, fees and expenses incurred in connection with any
legal action or claim relating to the related Mortgage Loan or Serviced
Companion Loan under the related Other Pooling and Servicing Agreement or this
Agreement (but excluding any such losses allocable to the related Non-Serviced
Companion Loans), reasonably requiring the use of counsel or the incurring of
expenses; provided, however, that such indemnification will not extend to any
losses, liabilities or expenses incurred by reason of any Other Indemnified
Party's willful misfeasance, bad faith or negligence in the performance of its
obligations or duties or by reason of negligent disregard of obligations or
duties under the related Other Pooling and Servicing Agreement.

                                   ARTICLE VII

                                     DEFAULT

            Section 7.01 Events of Default. (a) "Servicer Event of Default,"
wherever used herein, means any one of the following events:

            (i) (A) any failure by the Servicer to make any deposit required to
      the Collection Account or the Serviced Whole Loan Collection Account on
      the day and by the time such remittance was first required to be made
      under the terms of this Agreement, which failure is not remedied within
      one Business Day or (B) any failure by the Servicer to deposit into, or
      remit to the Bond Administrator for deposit into, any Distribution Account
      any amount required to be so deposited or remitted (including, without
      limitation, any required P&I Advance, unless the Servicer determines such
      P&I Advance is a Nonrecoverable Advance), which failure is not remedied
      (with interest as set forth in Section 3.06(d)) by 11:00 a.m. (New York
      City time) on the relevant Distribution Date or any failure by the
      Servicer to remit to any holder of a Serviced Companion Loan, in a timely
      manner as required by this Agreement or any related Co-Lender Agreement,
      any amount required to be so remitted;

            (ii) any failure on the part of the Servicer duly to observe or
      perform in any material respect any of its other covenants or obligations
      contained in this Agreement, which failure continues unremedied for a
      period of 30 days (15 days in the case of the Servicer's failure to make a
      Property Advance or 45 days in the case of a failure to pay the premium
      for any insurance policy required to be force-placed by the Servicer)
      after the date on which written notice of such failure, requiring the same
      to be remedied, shall have been given to the Servicer, by any other party
      hereto, with a copy to each other party to this Agreement by the Holders
      of Certificates of any Class evidencing, as to such Class, Percentage
      Interests aggregating not less than 25% or by an affected Serviced
      Companion Loan Noteholder; provided, however, if such failure is capable
      of being cured and the Servicer is diligently pursuing such cure, such 30-
      or 45-day period, as applicable, will be extended an additional 30 days;

            (iii) any breach on the part of the Servicer of any representation
      or warranty contained in Section 2.04(a) which materially and adversely
      affects the interests of any Class of Certificateholders and which
      continues unremedied for a period of 30 days after the date on which
      notice of such breach, requiring the same to be remedied, shall have been
      given to the Servicer by the Depositor or the Trustee, or to the Servicer,
      the Special Servicer, the Depositor and the Trustee by the Holders of
      Certificates of any Class evidencing, as to such Class, Percentage
      Interests aggregating not less than 25% or by an affected Serviced
      Companion Loan Noteholder; provided, however, if such breach is capable of
      being cured and the Servicer is diligently pursuing such cure, such 30-day
      period will be extended an additional 30 days;

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

            (v) the Servicer shall consent to the appointment of a conservator,
      receiver, liquidator, trustee or similar official in any bankruptcy,
      insolvency, readjustment of debt, marshaling of assets and liabilities or
      similar proceedings of or relating to the Servicer or of or relating to
      all or substantially all of its property;

            (vi) the Servicer shall admit in writing its inability to pay its
      debts generally as they become due, file a petition to take advantage of
      any applicable bankruptcy, insolvency or reorganization statute, make an
      assignment for the benefit of its creditors, voluntarily suspend payment
      of its obligations or take any corporate action in furtherance of the
      foregoing;

            (vii) the Trustee has received written notice from S&P to the effect
      that the Servicer has been removed from S&P's approved master servicer
      list and any of the ratings assigned to the Certificates or any Serviced
      Companion Loan Securities have been qualified, downgraded or withdrawn in
      connection with such removal;

            (viii)Moody's has placed the rating of any Serviced Companion Loan
      Securities on "watchlist" status for possible ratings downgrade or
      withdrawal (or Moody's has downgraded or withdrawn its rating for any
      Serviced Companion Loan Securities) citing servicing concerns with respect
      to the servicing of such Serviced Companion Loan by the Servicer as the
      sole cause or a material factor in such rating action, and, in the case of
      "watchlist" status, such watch is not withdrawn by Moody's within 60 days;
      or

            (ix) the Trustee has received notice from either Fitch or DBRS to
      the effect that the continuation of the Servicer in such capacity would
      result in the downgrade, qualification or withdrawal of any rating then
      assigned by Fitch or DBRS to any Class of Certificates or Serviced
      Companion Loan Securities.

then, and in each and every such case, so long as a Servicer Event of Default
shall not have been remedied, the Trustee may, and at the written direction of
the Holders of at least 51% of the aggregate Voting Rights of all Certificates
or, to the extent that it is affected by such Event of Default, the Serviced
Companion Loan Noteholder, shall, terminate the Servicer. In the case of clauses
(vii) and (viii) above, the Bond Administrator, on behalf of the Trustee, shall
be required to notify Certificateholders of such Servicer Event of Default and
request whether such Certificateholders favor such termination.

            In the event that the Servicer is also the Special Servicer and the
Servicer is terminated as provided in this Section 7.01, the Servicer shall also
be terminated as Special Servicer.

            Notwithstanding the foregoing, any failure to remit funds with
respect to the Non-Serviced Mortgage Loans will only be an Event of Default of
the Servicer or the Special Servicer, as applicable, to the extent that such
funds are received from the respective Other Servicer, as applicable.

            (b) "Special Servicer Event of Default," wherever used herein, means
any one of the following events:

            (i) any failure by the Special Servicer to deposit into the REO
      Account, or to remit to the Servicer for deposit into, the Collection
      Account or the Serviced Whole Loan Collection Account any amount required
      to be so deposited or remitted by the Special Servicer pursuant to, and at
      the time specified by, the terms of this Agreement; provided, however,
      that the failure of the Special Servicer to remit such amount to the
      Servicer shall not be an Event of Default if such failure is remedied
      within one Business Day and if the Special Servicer has compensated the
      Servicer for any loss of income on such amount suffered by the Servicer
      due to and caused by the late remittance of the Special Servicer and
      reimburse the Trust for any resulting advance interest due to the
      Servicer; or

            (ii) any failure on the part of the Special Servicer duly to observe
      or perform in any material respect any of its other covenants or
      obligations contained in this Agreement, which failure continues
      unremedied for a period of 30 days (45 days in the case of a failure to
      pay the premium for any insurance policy required to be force-placed by
      the Special Servicer) after the date on which written notice of such
      failure, requiring the same to be remedied, shall have been given to the
      Special Servicer, by any other party hereto, with a copy to each other
      party to this Agreement by the Holders of Certificates of any Class
      evidencing, as to such Class, Percentage Interests aggregating not less
      than 25% or by an affected Serviced Companion Loan Noteholder; provided,
      however, if such failure is capable of being cured and the Special
      Servicer is diligently pursuing such cure, such 30- or 45-day period, as
      applicable, will be extended an additional 30 days;

            (iii) any breach on the part of the Special Servicer of any
      representation or warranty contained in Section 2.04(b) which materially
      and adversely affects the interests of any Class of Certificateholders and
      which continues unremedied for a period of 30 days after the date on which
      notice of such breach, requiring the same to be remedied, shall have been
      given to the Special Servicer by the Depositor or the Trustee, or to the
      Servicer, the Special Servicer, the Depositor and the Trustee by the
      Holders of Certificates of any Class evidencing, as to such Class,
      Percentage Interests aggregating not less than 25% or by an affected
      Serviced Companion Loan Noteholder; provided, however, if such breach is
      capable of being cured and the Special Servicer is diligently pursuing
      such cure, such 30-day period will be extended an additional 30 days;

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

            (v) the Special Servicer shall consent to the appointment of a
      conservator, receiver, liquidator, trustee or similar official in any
      bankruptcy, insolvency, readjustment of debt, marshaling of assets and
      liabilities or similar proceedings of or relating to the Special Servicer
      or of or relating to all or substantially all of its property;

            (vi) the Special Servicer shall admit in writing its inability to
      pay its debts generally as they become due, file a petition to take
      advantage of any applicable bankruptcy, insolvency or reorganization
      statute, make an assignment for the benefit of its creditors, voluntarily
      suspend payment of its obligations or take any corporate action in
      furtherance of the foregoing;

            (vii) the Trustee has received written notice from S&P to the effect
      that the Special Servicer has been removed from S&P's approved special
      servicer list, and any of the ratings assigned to the Certificates or any
      Serviced Companion Loan Securities have been qualified, downgraded or
      withdrawn in connection with such removal, whichever is earlier;

            (viii)Moody's has placed the rating of any Serviced Companion Loan
      Securities on "watchlist" status for possible ratings downgrade or
      withdrawal (or Moody's has downgraded or withdrawn its rating for any
      Serviced Companion Loan Securities) citing servicing concerns with respect
      to the servicing of such Serviced Companion Loan by the Special Servicer
      as the sole cause or a material factor in such rating action, and, in the
      case of "watchlist" status, such watch is not withdrawn by Moody's within
      60 days; or

            (ix) the Trustee has received notice from either Fitch or DBRS to
      the effect that the continuation of the Special Servicer in such capacity
      would result in the downgrade, qualification or withdrawal of any rating
      then assigned by Fitch or DBRS to any Class of Certificates or Serviced
      Companion Loan Securities.

then, and in each and every such case, so long as a Special Servicer Event of
Default shall not have been remedied, the Trustee may, and at the written
direction of the Holders of at least 51% of the aggregate Voting Rights of all
Certificates or, to the extent that it is affected by such Event of Default, a
Serviced Companion Loan Noteholder, shall, terminate the Special Servicer. In
the case of clauses (vii), (viii) and (ix) above, the Bond Administrator, on
behalf of the Trustee, shall be required to notify Certificateholders and
Serviced Companion Loan Noteholders of such Special Servicer Event of Default
and request whether such Certificateholders or Serviced Companion Loan
Noteholders favor such termination.

            (c) Notwithstanding Section 7.01(a), if any Servicer Event of
Default occurs that affects only the Tysons Corner Center Whole Loan or any
related Serviced Companion Loan Securities, the holders of the Tysons Corner
Center Whole Loan (or their designees), then holding a majority of the aggregate
Stated Principal Balance of the Tysons Corner Center Whole Loan shall be
entitled to direct the Trustee, and the Trustee shall be required, to terminate
all of the rights and obligations of the Servicer under this Agreement, but
solely to the extent such rights and obligations relate to the Tysons Corner
Center Whole Loan, and the Trustee shall appoint a replacement servicer with
respect to the Tysons Corner Center Whole Loan selected by the holders of the
Tysons Corner Center Whole Loan (or their designees) then holding a majority of
the aggregate Stated Principal Balance of the Tysons Corner Center Whole Loan
and, if the holders of the Tysons Corner Center Whole Loan (or their designees)
then holding a majority of the aggregate Stated Principal Balance of the Tysons
Corner Center Whole Loan are not able to agree on a successor master servicer
within 30 days, the Directing Certificateholder. The Trustee shall notify the
Directing Certificateholder and Serviced Companion Loan Noteholders with respect
to the appointment of a replacement servicer (and shall provide such
non-proprietary information as may be reasonably requested by and necessary in
the reasonable determination of any such Person in order to make a judgment, the
expense of providing such information to be an expense of the requesting
Person); provided, that such replacement servicer meets the eligibility
requirements of Section 7.02 (including receipt of a confirmation from each
Rating Agency that such appointment would not cause such Rating Agency to
qualify, withdraw or downgrade any of its then-current ratings on the
Certificates and any related Serviced Companion Loan Securities) and the
eligibility requirements of each Serviced Companion Loan Securitization
Agreement.

            (d) In the event that the Servicer or the Special Servicer is
terminated pursuant to this Section 7.01, the Trustee (the "Terminating Party")
shall, by notice in writing to the Servicer or the Special Servicer, as the case
may be (the "Terminated Party"), terminate all of its rights and obligations
under this Agreement and in and to the Mortgage Loans and the proceeds thereof,
other than any rights the Terminated Party may have hereunder as a
Certificateholder and any rights or obligations that accrued prior to the date
of such termination (including the right to receive all amounts accrued or owing
to it under this Agreement, plus interest at the Advance Rate on such amounts
until received to the extent such amounts bear interest as provided in this
Agreement, with respect to periods prior to the date of such termination and the
right to the benefits of Section 6.03 notwithstanding any such termination, and
with respect to the Special Servicer, its right to receive any Workout Fee
subsequent to its termination as Special Servicer, pursuant to Section 3.12(c)).
On or after the receipt by the Terminated Party of such written notice, all of
its authority and power under this Agreement, whether with respect to the
Certificates (except that the Terminated Party shall retain its rights as a
Certificateholder in the event and to the extent that it is a
Certificateholder), the Mortgage Loans, the Serviced Companion Loans or
otherwise, shall pass to and be vested in the Terminating Party pursuant to and
under this Section and, without limitation, the Terminating Party is hereby
authorized and empowered to execute and deliver, on behalf of and at the expense
of the Terminated Party, as attorney-in-fact or otherwise, any and all documents
and other instruments, and to do or accomplish all other acts or things
necessary or appropriate to effect the purposes of such notice of termination,
whether to complete the transfer and endorsement or assignment of the Mortgage
Loans and related documents, or otherwise; provided that in the event the
Special Servicer is terminated pursuant to Section 7.01(b), unless the Servicer
is also the Special Servicer, the provisions of this Agreement relating to a
Terminating Party shall also apply to and include the Servicer mutatis mutandis,
and the Servicer shall assume all of the Special Servicer's responsibilities,
duties and liabilities hereunder subject to (i) its consent to the foregoing and
(ii) receipt by the Trustee of written confirmation from each Rating Agency,
that such assumption would not, in and of itself, cause a downgrade,
qualification or withdrawal of the then-current ratings assigned to the
Certificates and any Serviced Companion Loan Securities. The Servicer and the
Special Servicer each agree in the event it is terminated pursuant to this
Section 7.01 to promptly (and in any event no later than ten Business Days
subsequent to such notice) provide, at its own expense, the Terminating Party
with all documents and records requested by the Terminating Party to enable the
Terminating Party to assume its functions hereunder, and to cooperate with the
Terminating Party and the successor to its responsibilities hereunder in
effecting the termination of its responsibilities and rights hereunder,
including, without limitation, the transfer to the successor Servicer or Special
Servicer or the Terminating Party, as applicable, for administration by it of
all cash amounts which shall at the time be or should have been credited by the
Servicer or the Special Servicer to the Collection Account, the Serviced Whole
Loan Collection Account, any REO Account, any Excess Liquidation Proceeds
Account, Lock-Box Account or Cash Collateral Account or which shall thereafter
be received with respect to the Mortgage Loans, and shall promptly provide the
Terminating Party or such successor Servicer or successor Special Servicer
(which may include the Trustee or Bond Administrator), as applicable, all
documents and records reasonably requested by it, such documents and records to
be provided in such form as the Terminating Party or such successor Servicer or
Special Servicer shall reasonably request (including electromagnetic form), to
enable it to assume the Servicer's or Special Servicer's function hereunder. All
reasonable costs and expenses of the Terminating Party or the successor Servicer
or successor Special Servicer incurred in connection with transferring the
Mortgage Files to the successor Servicer or Special Servicer and amending this
Agreement to reflect such succession as successor Servicer or successor Special
Servicer pursuant to this Section 7.01 shall be paid by the predecessor Servicer
or the Special Servicer, as applicable, upon presentation of reasonable
documentation of such costs and expenses. If the predecessor Servicer or Special
Servicer (as the case may be) has not reimbursed the Terminating Party or the
successor Servicer or Special Servicer for such expenses within 90 days after
the presentation of reasonable documentation, such expense shall be reimbursed
by the Trust Fund; provided that the Terminated Party shall not thereby be
relieved of its liability for such expenses. If and to the extent that the
Terminated Party has not reimbursed such costs and expenses, the Terminating
Party shall have an affirmative obligation to take all reasonable actions to
collect such expenses on behalf of the Trust Fund.

            Section 7.02 Trustee to Act; Appointment of Successor. On and after
the time the Servicer or the Special Servicer receives a notice of termination
pursuant to Section 7.01, the Terminating Party (subject to Section 7.01(c))
shall be its successor in all respects in its capacity as Servicer or Special
Servicer under this Agreement and the transactions set forth or provided for
herein and, except as provided herein, shall be subject to all the
responsibilities, duties, limitations on liability and liabilities relating
thereto and arising thereafter placed on the Servicer or Special Servicer by the
terms and provisions hereof, provided, however, that (i) the Terminating Party
shall have no responsibilities, duties, liabilities or obligations with respect
to any act or omission of the Servicer or Special Servicer and (ii) any failure
to perform, or delay in performing, such duties or responsibilities caused by
the Terminated Party's failure to provide, or delay in providing, records,
tapes, disks, information or monies shall not be considered a default by such
successor hereunder. The Trustee, as successor Servicer or successor Special
Servicer, shall be indemnified to the full extent provided the Servicer or
Special Servicer, as applicable, under this Agreement prior to the Servicer's or
the Special Servicer's termination. The appointment of a successor Servicer or
successor Special Servicer shall not affect any liability of the predecessor
Servicer or Special Servicer which may have arisen prior to its termination as
Servicer or Special Servicer. The Terminating Party shall not be liable for any
of the representations and warranties of the Servicer or Special Servicer herein
or in any related document or agreement, for any acts or omissions of the
predecessor Servicer or predecessor Special Servicer or for any losses incurred
in respect of any Permitted Investment by the Servicer pursuant to Section 3.07
hereunder nor shall the Trustee be required to purchase any Mortgage Loan or any
Serviced Companion Loan hereunder. As compensation therefor, the Terminating
Party as successor Servicer or successor Special Servicer shall be entitled to
the Servicing Compensation or Special Servicing Compensation, as applicable, and
all funds relating to the Mortgage Loans or the Serviced Companion Loans that
accrue after the date of the Terminating Party's succession to which the
Servicer or Special Servicer would have been entitled if the Servicer or Special
Servicer, as applicable, had continued to act hereunder. In the event any
Advances made by the Servicer or the Trustee shall at any time be outstanding,
or any amounts of interest thereon shall be accrued and unpaid, all amounts
available to repay Advances and interest hereunder shall be applied entirely to
the Advances made by the Trustee (and the accrued and unpaid interest thereon),
until such Advances and interest shall have been repaid in full. Notwithstanding
the above, the Trustee may, if it shall be unwilling to so act, or shall (i) if
it is unable to so act, (ii) if the Holders of Certificates entitled to at least
25% of the aggregate Voting Rights or by an affected Serviced Companion Loan
Noteholder so request in writing to the Trustee or if the Trustee is not an
"approved" servicer by any of the Rating Agencies for mortgage pools similar to
the Trust Fund, promptly appoint, or petition a court of competent jurisdiction
to appoint, any established mortgage loan servicing institution the appointment
of which will not result in a downgrade, qualification or withdrawal of the
then-current rating or ratings assigned to any Class of Certificates or any
Serviced Companion Loan Securities, evidenced in writing by each Rating Agency,
as the successor to the Servicer or Special Servicer, as applicable, hereunder
in the assumption of all or any part of the responsibilities, duties or
liabilities of the Servicer or Special Servicer hereunder. No appointment of a
successor to the Servicer or Special Servicer hereunder shall be effective until
the assumption by such successor of all the Servicer's or Special Servicer's
responsibilities, duties and liabilities hereunder. Pending appointment of a
successor to the Servicer (or the Special Servicer if the Special Servicer is
also the Servicer) hereunder, unless the Trustee shall be prohibited by law from
so acting, the Trustee shall act in such capacity as hereinabove provided.
Pending the appointment of a successor to the Special Servicer, unless the
Servicer is also the Special Servicer, the Servicer shall act in such capacity.
In connection with such appointment and assumption described herein, the Trustee
may make such arrangements for the compensation of such successor out of
payments on Mortgage Loans, Serviced Companion Loans or otherwise as it and such
successor shall agree; provided, however, that no such compensation shall be in
excess of that permitted the Terminated Party hereunder, provided, further, that
if no successor to the Terminated Party can be obtained to perform the
obligations of such Terminated Party hereunder, after consultation with the
Directing Certificateholder or if such default relates solely to the Tysons
Corner Center Whole Loan, the Controlling Holder, additional amounts shall be
paid to such successor and such amounts in excess of that permitted the
Terminated Party shall be treated as Realized Losses. The Depositor, the
Trustee, the Servicer or Special Servicer and such successor shall take such
action, consistent with this Agreement, as shall be necessary to effectuate any
such succession.

            Section 7.03 Notification to Certificateholders and Other Persons.
(a) Upon any termination pursuant to Section 7.01 above or appointment of a
successor to the Servicer or the Special Servicer, the Bond Administrator shall
give prompt written notice thereof to Certificateholders at their respective
addresses appearing in the Certificate Register, to each Rating Agency and to
each Serviced Companion Loan Noteholder at its address appearing in the Serviced
Companion Loan Noteholder Register.

            (b) Within 30 days after the occurrence of any Event of Default of
which a Responsible Officer of the Trustee has actual knowledge, the Trustee
shall transmit by mail to the Bond Administrator who will forward to all Holders
of Certificates, each Rating Agency and each Serviced Companion Loan Noteholder
notice of such Event of Default, unless such Event of Default shall have been
cured or waived.

            Section 7.04 Other Remedies of Trustee. During the continuance of
any Servicer Event of Default or a Special Servicer Event of Default, so long as
such Servicer Event of Default or Special Servicer Event of Default, if
applicable, shall not have been remedied, the Trustee, in addition to the rights
specified in Section 7.01, shall have the right, in its own name as Trustee of
an express trust, to take all actions now or hereafter existing at law, in
equity or by statute to enforce its rights and remedies and to protect the
interests, and enforce the rights and remedies, of the Certificateholders and,
in the case of any Serviced Companion Loan, of the related Serviced Companion
Loan Noteholder (including the institution and prosecution of all judicial,
administrative and other proceedings and the filing of proofs of claim and debt
in connection therewith). In such event, the legal fees, expenses and costs of
such action and any liability resulting therefrom shall be expenses, costs and
liabilities of the Trust Fund (and, in the case of the Serviced Whole Loan, the
Serviced Companion Loan Noteholders on a pro rata basis based on the Mortgage
Loan's or Serviced Companion Loan's, as applicable, Stated Principal Balance)
and the Trustee shall be entitled to be reimbursed therefor from the Collection
Account (and, if applicable, the Serviced Whole Loan Collection Account) as
provided in Section 3.06. Except as otherwise expressly provided in this
Agreement, no remedy provided for by this Agreement shall be exclusive of any
other remedy, and each and every remedy shall be cumulative and in addition to
any other remedy, and no delay or omission to exercise any right or remedy shall
impair any such right or remedy or shall be deemed to be a waiver of any
Servicer Event of Default or Special Servicer Event of Default, if applicable.

            Section 7.05 Waiver of Past Events of Default; Termination. The
Holders of Certificates evidencing not less than 66-2/3% of the aggregate Voting
Rights of the Certificates may, together with each affected Serviced Companion
Loan Noteholder (to the extent they are adversely affected by such Event of
Default), on behalf of all Holders of Certificates may waive any default by the
Servicer or Special Servicer in the performance of its obligations hereunder and
its consequences, except a default in making any required deposits (including,
with respect to the Servicer, P&I Advances) to or payments from the Collection
Account, the Serviced Whole Loan Collection Account or the Lower-Tier
Distribution Account or in remitting payments as received, in each case in
accordance with this Agreement. Upon any such waiver of a past default, such
default shall cease to exist, and any Event of Default arising therefrom shall
be deemed to have been remedied for every purpose of this Agreement. No such
waiver shall extend to any subsequent or other default or impair any right
consequent thereon.

            Section 7.06 Trustee as Maker of Advances. In the event that the
Servicer fails to fulfill its obligations hereunder to make any Advances and
such failure remains uncured, the Trustee shall perform such obligations (x)
within five Business Days of the Event of Default resulting from such failure by
the Servicer with respect to Property Advances to the extent a Responsible
Officer of the Trustee has actual knowledge of such failure with respect to such
Property Advances and (y) by 12:00 noon (New York City time) on the related
Distribution Date with respect to P&I Advances pursuant to the Trustee's notice
of failure pursuant to Section 4.07(a) unless the Trustee has received notice
that such failure has been cured by 11:00 a.m. on such Distribution Date. With
respect to any such Advance made by the Trustee, the Trustee shall succeed to
all of the Servicer's rights with respect to Advances hereunder, including,
without limitation, the Servicer's (or such sub-servicer's) rights of
reimbursement and interest on each Advance at the Advance Rate, and rights to
determine that a proposed Advance is a Nonrecoverable P&I Advance or Property
Advance, as the case may be (without regard to any impairment of any such rights
of reimbursement caused by such Servicer's default in its obligations
hereunder); provided, however, that if Advances made by the Trustee and the
Servicer (or such sub-servicer) shall at any time be outstanding, or any
interest on any Advance shall be accrued and unpaid, all amounts available to
repay such Advances and the interest thereon hereunder shall be applied entirely
to the Advances outstanding to the Trustee, until such Advances shall have been
repaid in full, together with all interest accrued thereon, prior to
reimbursement of the Servicer (or such sub-servicer) for such Advances. The
Trustee shall be entitled to conclusively rely on any notice given with respect
to a Nonrecoverable Advance or any determination of nonrecoverability in
connection therewith by the Servicer (or such sub-servicer) hereunder.

                                  ARTICLE VIII

                             CONCERNING THE TRUSTEE

            Section 8.01 Duties of Trustee and the Bond Administrator. (a) Each
of the Bond Administrator and, prior to the occurrence of an Event of Default of
which a Responsible Officer of the Trustee has actual knowledge and after the
curing or waiver of all Events of Default which may have occurred, the Trustee,
undertakes to perform such duties and only such duties as are specifically set
forth in this Agreement and no permissive right of the Trustee or the Bond
Administrator shall be construed as a duty. During the continuance of an Event
of Default of which a Responsible Officer of the Trustee has actual knowledge,
the Trustee, subject to the provisions of Sections 7.02 and 7.05 shall exercise
such of the rights and powers vested in it by this Agreement, and use the same
degree of care and skill in their exercise, as a prudent person would exercise
or use under the circumstances in the conduct of such person's own affairs.

            (b) The Trustee and the Bond Administrator, upon receipt of any
resolutions, certificates, statements, opinions, reports, documents, orders or
other instruments furnished to the Bond Administrator which are specifically
required to be furnished pursuant to any provision of this Agreement, shall
examine them to determine whether they conform on their face to the requirements
of this Agreement; provided, however, that, the Trustee and the Bond
Administrator shall not be responsible for the accuracy or content of any such
resolution, certificate, statement, opinion, report, document, order or other
instrument provided to it hereunder. If any such instrument is found not to
conform on its face to the requirements of this Agreement in a material manner,
the Trustee or the Bond Administrator, as applicable, shall request the provider
of such instrument to have the instrument corrected, and if the instrument is
not corrected to the Trustee or the Bond Administrator's reasonable
satisfaction, the Bond Administrator will provide notice thereof to the
Certificateholders.

            (c) Neither the Trustee nor the Bond Administrator nor any of their
officers, directors, employees, agents or "control" persons within the meaning
of the Act shall have any liability arising out of or in connection with this
Agreement, provided, that, subject to Section 8.02, no provision of this
Agreement shall be construed to relieve the Trustee or the Bond Administrator,
or any such person, from liability for its own negligent action, its own
negligent failure to act or its own willful misconduct or its own bad faith; and
provided, further, that:

            (i) The Bond Administrator's and, prior to the occurrence of an
      Event of Default of which a Responsible Officer of the Trustee has actual
      knowledge, and after the curing or waiver of all such Events of Default
      which may have occurred, the Trustee's duties and obligations shall be
      determined solely by the express provisions of this Agreement, the Trustee
      and the Bond Administrator shall not be liable except for the performance
      of such duties and obligations as are specifically set forth in this
      Agreement, no implied covenants or obligations shall be read into this
      Agreement against the Trustee or the Bond Administrator and, in the
      absence of bad faith on the part of the Trustee or the Bond Administrator,
      the Trustee and the Bond Administrator may conclusively rely, as to the
      truth of the statements and the correctness of the opinions expressed
      therein, upon any resolutions, certificates, statements, reports,
      opinions, documents, orders or other instruments furnished to the Trustee
      that conform on their face to the requirements of this Agreement to the
      extent set forth herein without responsibility for investigating the
      contents thereof;

            (ii) Neither the Trustee nor the Bond Administrator shall be
      personally liable for an error of judgment made in good faith by a
      Responsible Officer of the Trustee or Bond Administrator, as applicable,
      unless it shall be proved that the Trustee or the Bond Administrator was
      negligent in ascertaining the pertinent facts;

            (iii) Neither the Trustee nor the Bond Administrator shall be
      personally liable with respect to any action taken, suffered or omitted to
      be taken by it in good faith in accordance with the direction of Holders
      of Certificates entitled to greater than a majority of the Percentage
      Interests (or such other percentage as is specified herein) of each
      affected Class, or of the aggregate Voting Rights of the Certificates,
      relating to the time, method and place of conducting any proceeding for
      any remedy available to the Trustee or the Bond Administrator, or
      exercising any trust or power conferred upon the Trustee or the Bond
      Administrator, under this Agreement;

            (iv) Neither the Trustee, nor the Bond Administrator nor any of
      their respective directors, officers, employees, agents or control persons
      shall be responsible for any act or omission of any Custodian, Paying
      Agent or Certificate Registrar that is not an Affiliate of the Trustee or
      the Board Administrator, as applicable, and that is selected other than by
      the Trustee or the Bond Administrator, performed or omitted in compliance
      with any custodial or other agreement, or any act or omission of the
      Servicer, Special Servicer, the Depositor or any other Person, including,
      without limitation, in connection with actions taken pursuant to this
      Agreement;

            (v) Neither the Trustee nor the Bond Administrator shall be under
      any obligation to appear in, prosecute or defend any legal action which is
      not incidental to its respective duties as Trustee or Bond Administrator
      in accordance with this Agreement (and, if it does, all legal expenses and
      costs of such action shall be expenses and costs of the Trust Fund and, in
      the case of the Serviced Whole Loan, the Serviced Companion Loan
      Noteholders on a pro rata basis based on the Mortgage Loan's or Serviced
      Companion Loan's, as applicable, Stated Principal Balance), and the
      Trustee and the Bond Administrator shall be entitled, as provided in
      Section 3.06 hereof, to be reimbursed therefor from amounts on deposit in
      the Collection Account and identified on the Trust Ledger, unless such
      legal action arises out of the negligence or bad faith of the Trustee or
      the Bond Administrator or any breach of an obligation, representation,
      warranty or covenant of the Trustee contained herein; and

            (vi) Neither the Trustee nor the Bond Administrator shall be charged
      with knowledge of any act, failure to act or breach of any Person upon the
      occurrence of which the Trustee or the Bond Administrator may be required
      to act, unless a Responsible Officer of the Trustee or Bond Administrator
      obtains actual knowledge of such failure. Neither the Trustee nor the Bond
      Administrator shall be deemed to have actual knowledge of the Servicer's
      or the Special Servicer's failure to provide scheduled reports,
      certificates and statements when and as required to be delivered to the
      Trustee or the Bond Administrator pursuant to this Agreement.

            None of the provisions contained in this Agreement shall require
either the Trustee, in its capacity as Trustee or the Bond Administrator in its
capacity as Bond Administrator to expend or risk its own funds, or otherwise
incur financial liability in the performance of any of its duties hereunder, or
in the exercise of any of its rights or powers, if in the opinion of the Trustee
or the Bond Administrator, respectively, the repayment of such funds or adequate
indemnity against such risk or liability is not reasonably assured to it, and
none of the provisions contained in this Agreement shall in any event require
the Trustee or the Bond Administrator to perform, or be responsible for the
manner of performance of, any of the obligations of the Servicer or the Special
Servicer under this Agreement, except during such time, if any, as the Trustee
shall be the successor to, and be vested with the rights, duties, powers and
privileges of, the Servicer or the Special Servicer in accordance with the terms
of this Agreement. Neither the Trustee nor the Bond Administrator shall be
required to post any surety or bond of any kind in connection with its
performance of its obligations under this Agreement and neither the Trustee nor
the Bond Administrator shall be liable for any loss on any investment of funds
pursuant to this Agreement. Notwithstanding any other provision hereof, however,
whenever acting as or instead of the Servicer or Special Servicer hereunder, the
Trustee or the Bond Administrator (as the case may be) shall comply with the
Servicing Standard.

            Section 8.02 Certain Matters Affecting the Trustee and the Bond
Administrator. (a) Except as otherwise provided in Section 8.01:

            (i) The Trustee and the Bond Administrator may request and/or rely
      upon and shall be protected in acting or refraining from acting upon any
      resolution, Officers' Certificate, certificate of auditors or any other
      certificate, statement, instrument, opinion, report, notice, request,
      consent, order, appraisal, bond or other paper or document reasonably
      believed by it to be genuine and to have been signed or presented by the
      proper party or parties and neither the Trustee nor the Bond Administrator
      shall have responsibility to ascertain or confirm the genuineness of any
      such party or parties;

            (ii) The Trustee and the Bond Administrator 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;

            (iii) (A) Neither the Trustee nor the Bond Administrator shall be
      under any obligation to institute, conduct or defend any litigation
      hereunder or in relation hereto at the request, order or direction of any
      of the Certificateholders, pursuant to the provisions of this Agreement,
      unless such Certificateholders shall have offered to the Trustee or the
      Bond Administrator reasonable security or indemnity against the costs,
      expenses and liabilities which may be incurred therein or thereby,
      provided that nothing contained herein shall relieve the Trustee of the
      obligations, upon the occurrence of an Event of Default (which has not
      been cured or waived) of which a Responsible Officer of the Trustee has
      actual knowledge, to exercise such of the rights and powers vested in it
      by this Agreement, and to use the same degree of care and skill in their
      exercise, as a prudent person would exercise or use under the
      circumstances in the conduct of such person's own affairs; and (B) the
      right of the Trustee or the Bond Administrator to perform any
      discretionary act enumerated in this Agreement shall not be construed as a
      duty, and the Trustee or the Bond Administrator shall not be answerable
      for other than its negligence or willful misconduct in the performance of
      any such act;

            (iv) Neither the Trustee nor the Bond Administrator nor any of their
      directors, officers, employees, Affiliates, agents or "control" persons
      within the meaning of the Act shall be personally liable for any action
      taken, suffered or omitted by it in good faith and reasonably believed by
      the Trustee or the Bond Administrator, as applicable to be authorized or
      within the discretion or rights or powers conferred upon it by this
      Agreement;

            (v) Neither the Trustee shall nor the Bond Administrator shall be
      bound to make any investigation into the facts or matters stated in any
      resolution, certificate, statement, instrument, opinion, report, notice,
      request, consent, order, appraisal, bond or other paper or document,
      unless requested in writing to do so by Holders of Certificates entitled
      to at least 25% (or such other percentage as is specified herein) of the
      Percentage Interests of any affected Class; provided, however, that if the
      payment within a reasonable time to the Trustee or the Bond Administrator
      of the costs, expenses or liabilities likely to be incurred by it in the
      making of such investigation is, in the opinion of the Trustee or Bond
      Administrator, not reasonably assured to the Trustee or the Bond
      Administrator by the security afforded to it by the terms of this
      Agreement, the Trustee or the Bond Administrator may require reasonable
      indemnity against such expense or liability as a condition to taking any
      such action. The reasonable expense of every such investigation shall be
      paid by the Servicer or the Special Servicer if an Event of Default shall
      have occurred and be continuing relating to the Servicer, or the Special
      Servicer, respectively, and otherwise by the Certificateholders requesting
      the investigation; and

            (vi) The Trustee and the Bond Administrator may execute any of the
      trusts or powers hereunder or perform any duties hereunder either directly
      or by or through agents or attorneys but shall not be relieved of the
      obligations hereunder.

            (b) Following the Startup Day, neither the Trustee nor the Bond
Administrator shall, except as expressly required by any provision of this
Agreement, accept any contribution of assets to the Trust Fund unless the
Trustee and the Bond Administrator shall have received an Opinion of Counsel
(the costs of obtaining such opinion to be borne by the Person requesting such
contribution) to the effect that the inclusion of such assets in the Trust Fund
will not cause any of the Loan REMIC, the Lower-Tier REMIC or the Upper-Tier
REMIC to fail to qualify as a REMIC, or the Grantor Trust to fail to qualify as
a grantor trust, at any time that any Certificates are outstanding or subject
any of the Loan REMIC, the Lower-Tier REMIC and the Upper-Tier REMIC to any tax
under the REMIC Provisions or other applicable provisions of federal, state and
local law or ordinances, or cause the Grantor Trust not to be treated as a
grantor trust.

            (c) All rights of action under this Agreement or under any of the
Certificates, enforceable by the Trustee, may be enforced by it without the
possession of any of the Certificates, or the production thereof at the trial or
other proceeding relating thereto, and any such suit, action or proceeding
instituted by the Trustee shall be brought in its name for the benefit of all
the Holders of such Certificates, subject to the provisions of this Agreement.

            Neither the Trustee nor the Bond Administrator shall have a duty to
conduct any affirmative investigation as to the occurrence of any condition
requiring the repurchase of any Mortgage Loan by any Mortgage Loan Seller
pursuant to this Agreement or the eligibility of any Mortgage Loan for purposes
of this Agreement.

            Section 8.03 Trustee and Bond Administrator Not Liable for
Certificates or Mortgage Loans. The recitals contained herein and in the
Certificates shall not be taken as the statements of the Trustee, the Bond
Administrator, the Servicer, or the Special Servicer and the Trustee, the Bond
Administrator, the Servicer and the Special Servicer assume no responsibility
for their correctness. The Trustee, the Bond Administrator, the Servicer and the
Special Servicer make no representations or warranties as to the validity or
sufficiency of this Agreement, of the Certificates or any prospectus used to
offer the Certificates for sale or the validity, enforceability or sufficiency
of any Mortgage Loan, or related document. Neither the Trustee nor the Bond
Administrator shall at any time have any responsibility or liability for or with
respect to the legality, validity and enforceability of any Mortgage, any
Mortgage Loan, or the perfection and priority of any Mortgage or the maintenance
of any such perfection and priority, or for or with respect to the sufficiency
of the Trust Fund or its ability to generate the payments to be distributed to
Certificateholders under this Agreement. Without limiting the foregoing, neither
the Trustee nor the Bond Administrator shall be liable or responsible for: the
existence, condition and ownership of any Mortgaged Property; the existence of
any hazard or other insurance thereon (other than if the Trustee shall assume
the duties of the Servicer or the Special Servicer pursuant to Section 7.02) or
the enforceability thereof; the existence of any Mortgage Loan or the contents
of the related Mortgage File on any computer or other record thereof (other than
if the Trustee shall assume the duties of the Servicer or the Special Servicer
pursuant to Section 7.02); the validity of the assignment of any Mortgage Loan
to the Trust Fund or of any intervening assignment; the completeness of any
Mortgage File; the performance or enforcement of any Mortgage Loan (other than
if the Trustee shall assume the duties of the Servicer or the Special Servicer
pursuant to Section 7.02); the compliance by the Depositor, the Servicer or the
Special Servicer with any warranty or representation made under this Agreement
or in any related document or the accuracy of any such warranty or
representation prior to the Trustee's receipt of notice or other discovery of
any non-compliance therewith or any breach thereof; any investment of monies by
or at the direction of the Servicer or any loss resulting therefrom, the acts or
omissions of any of the Depositor, the Servicer or the Special Servicer (other
than if the Trustee shall assume the duties of the Servicer or Special Servicer
pursuant to Section 7.02) or any subservicer or any Borrower; any action of the
Servicer or Special Servicer (other than if the Trustee shall assume the duties
of the Servicer or Special Servicer pursuant to Section 7.02) or any subservicer
taken in the name of the Trustee, except to the extent such action is taken at
the express written direction of the Trustee; the failure of the Servicer or the
Special Servicer or any subservicer to act or perform any duties required of it
on behalf of the Trust Fund or the Trustee hereunder; or any action by or
omission of the Trustee taken at the instruction of the Servicer or the Special
Servicer (other than if the Trustee shall assume the duties of the Servicer or
the Special Servicer pursuant to Section 7.02) unless the taking of such action
is not permitted by the express terms of this Agreement; provided, however, that
the foregoing shall not relieve the Trustee of its obligation to perform its
duties as specifically set forth in this Agreement. Neither the Trustee nor the
Bond Administrator shall be accountable for the use or application by the
Depositor, the Servicer or the Special Servicer of any of the Certificates or of
the proceeds of such Certificates, or for the use or application of any funds
paid to the Depositor, the Servicer or the Special Servicer in respect of the
assignment of the Mortgage Loans or deposited in or withdrawn from the
Collection Account, the Serviced Whole Loan Collection Account, the Lower-Tier
Distribution Account, the Upper-Tier Distribution Account, the Lock-Box Account,
the Cash Collateral Account, the Reserve Accounts, the Interest Reserve Account,
any REO Account or any Excess Liquidation Proceeds Account or any other account
maintained by or on behalf of the Servicer or the Special Servicer, other than
any funds held by the Trustee. Neither the Trustee nor the Bond Administrator
shall have any responsibility for filing any financing or continuation statement
in any public office at any time or to otherwise perfect or maintain the
perfection of any security interest or lien granted to it hereunder (unless the
Trustee shall have become the successor Servicer) or to record this Agreement.
In making any calculation hereunder which includes as a component thereof the
payment or distribution of interest for a stated period at a stated rate "to the
extent permitted by applicable law," the Trustee and the Bond Administrator
shall assume that such payment is so permitted unless a Responsible Officer of
the Trustee or the Bond Administrator has actual knowledge, or receives an
Opinion of Counsel (at the expense of the Person asserting the impermissibility)
to the effect, that such payment is not permitted by applicable law. The
Depositor is not obligated to monitor or supervise the performance of the
Trustee or the Bond Administrator under this Agreement or otherwise.

            Section 8.04 Trustee and Bond Administrator May Own Certificates.
The Trustee, the Bond Administrator and any agent of the Trustee and Bond
Administrator in its individual capacity or any other capacity may become the
owner or pledgee of Certificates, and may deal with the Depositor, the Servicer,
the Special Servicer, the Initial Purchasers and the Underwriters in banking
transactions, with the same rights it would have if it were not Trustee, Bond
Administrator or such agent, as the case may be.

            Section 8.05 Payment of Trustee's and Bond Administrator's Fees and
Expenses; Indemnification. (a) On each Distribution Date, prior to the
distribution of amounts to the Certificateholders the Bond Administrator shall
be entitled to pay itself and the Trustee the Trustee Fee as reasonable
compensation from amounts remitted to the Lower-Tier Distribution Account (which
shall not be limited by any provision of law in regard to the compensation of a
trustee or a bond administrator of an express trust) for all services rendered
by it and the Trustee in the execution of the trusts hereby created and in the
exercise and performance of any of the powers and duties of the Trustee or the
Bond Administrator hereunder at the Trustee Fee Rate from which an amount equal
to the Bond Administrator Fee shall be paid to the Bond Administrator and the
remainder shall be paid to the Trustee.

            (b) In the event that the Trustee assumes the servicing
responsibilities of the Servicer or the Special Servicer hereunder pursuant to
or otherwise arising from the resignation or removal of the Servicer or the
Special Servicer, the Trustee shall be entitled to the compensation to which the
Servicer or the Special Servicer, as the case may be, would have been entitled.

            (c) The Trustee and the Bond Administrator shall each be paid or
reimbursed by the Trust Fund upon its request for all reasonable expenses,
disbursements and advances incurred or made by the Trustee or the Bond
Administrator pursuant to and in accordance with any of the provisions of this
Agreement (including the reasonable compensation and the expenses and
disbursements of its counsel and of all persons not regularly in its employ),
which, to the extent not previously paid pursuant to Section 3.06(d), the Bond
Administrator will be entitled to withdraw from the Distribution Accounts prior
to the distribution to Certificateholders to the extent set forth herein and to
the extent such payments are "unanticipated expenses incurred by the REMIC"
within the meaning of Treasury Regulations Section l.860G-1(b)(iii) except any
such expense, disbursement or advance as may arise from its negligence or bad
faith; provided, however, that, subject to the last paragraph of Section 8.01,
neither the Trustee nor the Bond Administrator shall refuse to perform any of
its duties hereunder solely as a result of the failure to be paid the Trustee
Fee and the Trustee's expenses or any sums due to the Bond Administrator. The
term "unanticipated expenses incurred by the REMIC" shall include any fees,
expenses and disbursement of any separate Trustee or co-Trustee appointed
hereunder, only to the extent such fees, expenses and disbursements were not
reasonably anticipated as of the Closing Date and are attributable to any of the
Loan REMIC, the Lower-Tier REMIC or the Upper-Tier REMIC or the Grantor Trust
and the losses, liabilities, damages, claims or expenses (including reasonable
attorneys' fees) incurred or advanced by an Indemnified Party in connection with
any litigation arising out of this Agreement attributable to any of the Loan
REMIC, the Lower-Tier REMIC or the Upper-Tier REMIC or the Grantor Trust,
including, without limitation, under Section 2.03, Section 3.10, the third
paragraph of Section 3.11, Section 4.05 and Section 7.01.

            The Servicer and the Special Servicer covenant and agree to pay or
reimburse the Trustee and the Bond Administrator for the reasonable expenses,
disbursements and advances incurred or made by the Trustee and the Bond
Administrator in connection with any transfer of the servicing responsibilities
of the Servicer or the Special Servicer, respectively, hereunder, pursuant to or
otherwise arising from the resignation or removal of the Servicer, in accordance
with any of the provisions of this Agreement (and including the reasonable fees
and expenses and disbursements of its counsel and all other persons not
regularly in its employ), except any such expense, disbursement or advance as
may arise from the negligence or bad faith of the Trustee or the Bond
Administrator.

            (d) Each of the Paying Agent, the Certificate Registrar, the
Custodian, the Depositor, the Servicer and the Special Servicer (each, in such
context, an "Indemnifying Party") shall indemnify the Trustee and the Bond
Administrator and their respective Affiliates and each of the directors,
officers, employees and agents of the Trustee, the Bond Administrator and their
respective Affiliates (each, in such context, an "Indemnified Party"), and hold
each of them harmless against any and all claims, losses, damages, penalties,
fines, forfeitures, reasonable and necessary legal fees and related costs,
judgments, and any other costs, fees and expenses that the Indemnified Party may
sustain in connection with this Agreement (including, without limitation,
reasonable fees and disbursements of counsel incurred by the Indemnified Party
in any action or proceeding between the Indemnifying Party and the Indemnified
Party or between the Indemnified Party and any third party or otherwise) related
to each such Indemnifying Party's respective willful misconduct, bad faith,
fraud or negligence in the performance of each of its respective duties
hereunder or by reason of reckless disregard of its respective obligations and
duties hereunder (including in the case of the Servicer, any agent of the
Servicer or subservicer).

            (e) The Trust Fund shall indemnify each Indemnified Party from, and
hold it harmless against, any and all losses, liabilities, damages, claims or
unanticipated expenses (including, without limitation, reasonable fees and
disbursements of counsel incurred by the Indemnified Party in any action or
proceeding between the Indemnifying Party and the Indemnified Party or between
the Indemnified Party and any third party or otherwise) arising in respect of
this Agreement or the Certificates other than (i) those resulting from the
negligence, fraud, bad faith or willful misconduct of the Indemnified Party and
(ii) those as to which such Indemnified Party is entitled to indemnification
pursuant to Section 8.05(d). The right of reimbursement of the Indemnified
Parties under this Section 8.05(e) shall be senior to the rights of all
Certificateholders.

            (f) Notwithstanding anything herein to the contrary, this Section
8.05 shall survive the termination or maturity of this Agreement or the
resignation or removal of the Trustee or the Bond Administrator, as the case may
be, as regards rights accrued prior to such resignation or removal and (with
respect to any acts or omissions during their respective tenures) the
resignation, removal or termination of the Servicer, the Special Servicer, the
Paying Agent, the Certificate Registrar or the Custodian.

            (g) This Section 8.05 shall be expressly construed to include, but
not be limited to, such indemnities, compensation, expenses, disbursements,
advances, losses, liabilities, damages and the like, as may pertain or relate to
any environmental law or environmental matter.

            (h) Each of the Trustee and the Bond Administrator (each, in such
context, an "Indemnifying Party") shall indemnify the Servicer and the Special
Servicer and their respective Affiliates and each of the directors, officers,
employees and agents of the Servicer and the Special Servicer and their
respective Affiliates (each, in such context, an "Indemnified Party"), and hold
each of them harmless against any and all claims, losses, damages, penalties,
fines, forfeitures, reasonable and necessary legal fees and related costs,
judgments, and any other costs, fees and expenses that the Indemnified Party may
sustain in connection with this Agreement (including, without limitation
reasonable fees and disbursements of counsel incurred by the Indemnified Party
in any action or proceeding between the Indemnifying Party and the Indemnified
Party or between the Indemnified Party and any third party or otherwise) related
to each such Indemnifying Party's respective willful misconduct, bad faith,
fraud or negligence in the performance of each of its respective duties
hereunder or by reason of reckless disregard of its respective obligations and
duties hereunder.

            Section 8.06 Eligibility Requirements for Trustee and Bond
Administrator. Each of the Trustee and Bond Administrator hereunder shall at all
times be a corporation or association organized and doing business under the
laws of any state or the United States of America, authorized under such laws to
exercise corporate trust powers and to accept the trust conferred under this
Agreement, having a combined capital and surplus of at least $50,000,000, its
long-term unsecured debt obligations must be rated at least "A+" by S&P, "AA-"
by Fitch and "A" by DBRS or, if not rated by DBRS, an equivalent rating such as
those listed above by two nationally-recognized statistical rating
organizations, and its short-term unsecured debt obligations must be rated at
least "A-1" by S&P or, in each case, such other ratings acceptable to the Rating
Agencies, and shall be subject to supervision or examination by federal or state
authority and shall not be an Affiliate of the Servicer (except during any
period when the Trustee has assumed the duties of the Servicer pursuant to
Section 7.02). If a corporation or association publishes reports of condition at
least annually, pursuant to law or to the requirements of the aforesaid
supervising or examining authority, then for purposes of this Section the
combined capital and surplus of such corporation shall be deemed to be its
combined capital and surplus as set forth in its most recent report of condition
so published. If the place of business from which the Trustee administers the
Trust Fund is a state or local jurisdiction that imposes a tax on the Trust Fund
or the net income of any Trust REMIC (other than a tax corresponding to a tax
imposed under the REMIC Provisions) the Trustee shall elect either to (i) resign
immediately in the manner and with the effect specified in Section 8.07, (ii)
pay such tax and continue as Trustee or (iii) administer the Trust Fund from a
state and local jurisdiction that does not impose such a tax. If at any time the
Trustee or the Bond Administrator shall cease to be eligible in accordance with
the provisions of this Section, the Trustee or Bond Administrator, as
applicable, shall resign immediately in the manner and with the effect specified
in Section 8.07.

            Section 8.07 Resignation and Removal of the Trustee or Bond
Administrator. The Trustee or the Bond Administrator may at any time resign and
be discharged from the trusts hereby created by giving written notice thereof to
the Trustee or the Bond Administrator, as applicable, and to the Depositor, the
Servicer, the Special Servicer and each Rating Agency. Upon such notice of
resignation from the Trustee, the Servicer shall promptly appoint a successor
trustee, the appointment of which is subject to the requirements contained in
Section 8.06. Upon such notice of resignation from the Bond Administrator, the
Trustee shall promptly appoint a successor bond administrator the appointment of
which is subject to the requirements contained in Section 8.06. If no successor
trustee or successor bond administrator shall have been so appointed and have
accepted appointment within 30 days after the giving of such notice of
resignation, the resigning Trustee or Bond Administrator may petition any court
of competent jurisdiction for the appointment of a successor trustee or
successor bond administrator.

            If at any time the Trustee or the Bond Administrator shall cease to
be eligible in accordance with the provisions of Section 8.06 and shall fail to
resign after written request therefor by the Depositor or the Servicer, or if at
any time the Trustee or the Bond Administrator shall become incapable of acting,
or shall be adjudged bankrupt or insolvent, or a receiver of either the Trustee
(or of its property) or the Bond Administrator (or of its property) shall be
appointed, or any public officer shall take charge or control of the Trustee (or
of its property or affairs) or the Bond Administrator (or of its property or
affairs) for the purpose of rehabilitation, conservation or liquidation, then
the Depositor or the Servicer may remove the Trustee or the Bond Administrator
and the Depositor or the Servicer shall promptly appoint a successor trustee or
successor bond administrator by written instrument, which shall be delivered to
the Trustee or the Bond Administrator so removed, , as applicable, and to the
successor trustee or successor bond administrator, as applicable.

            The Holders of Certificates entitled to at least a majority of the
Voting Rights may at any time remove the Trustee or the Bond Administrator and
appoint a successor trustee or successor bond administrator by written
instrument or instruments, in seven originals, signed by such Holders or their
attorneys-in-fact duly authorized, one complete set of which instruments shall
be delivered to the Depositor, one complete set to the Servicer, one complete
set to the Trustee or Bond Administrator, as applicable, so removed, and one
complete set to the successor trustee or successor bond administrator, as
applicable.

            In addition, if the Trustee or the Bond Administrator is terminated
without cause, the terminating party shall pay all of the expenses of the
Trustee or the Bond Administrator, as applicable, necessary to affect the
transfer of its responsibilities to the successor trustee or the successor bond
administrator, as applicable.

            In the event that the Trustee or Bond Administrator is terminated or
removed pursuant to this Section 8.07, all of its rights and obligations under
this Agreement and in and to the Mortgage Loans shall be terminated, other than
any rights or obligations that accrued prior to the date of such termination or
removal (including the right to receive all fees, expenses and other amounts
accrued or owing to it under this Agreement, plus interest at the Advance Rate
on all such amounts until received to the extent such amounts bear interest as
provided in this Agreement, with respect to periods prior to the date of such
termination or removal).

            Section 8.08 Successor Trustee or Bond Administrator. (a) Any
successor trustee and any successor bond administrator shall execute,
acknowledge and deliver to the Depositor, the Servicer and to the predecessor
Trustee or predecessor Bond Administrator, as the case may be, instruments
accepting their appointment hereunder, and thereupon the resignation or removal
of the predecessor Trustee or predecessor Bond Administrator shall become
effective and such successor trustee and successor bond administrator, without
any further act, deed or conveyance, shall become fully vested with all the
rights, powers, duties and obligations of its predecessor hereunder, with the
like effect as if originally named as Trustee or Bond Administrator herein,
provided that such successor trustee and successor bond administrator shall
satisfy the requirements contained in Section 8.06. The predecessor Trustee
shall deliver to the successor trustee all Mortgage Files and related documents
and statements held by it hereunder, and the Depositor and the predecessor
Trustee shall execute and deliver such instruments and do such other things as
may reasonably be required for more fully and certainly vesting and confirming
in the successor trustee all such rights, powers, duties and obligations. No
successor trustee or successor bond administrator shall accept appointment as
provided in this Section 8.08 unless at the time of such acceptance such
successor trustee or successor bond administrator shall be eligible under the
provisions of Section 8.06.

            Upon acceptance of appointment by a successor trustee or a successor
bond administrator as provided in this Section 8.08, the Depositor shall mail
notice of the succession of such Trustee or Bond Administrator hereunder to all
Holders of Certificates at their addresses as shown in the Certificate Register.
If the Depositor fails to mail such notice within 10 days after acceptance of
appointment by the successor trustee, the successor trustee shall cause such
notice to be mailed at the expense of the Depositor.

            (b) Any successor trustee or successor bond administrator appointed
pursuant to this Agreement shall satisfy the eligibility requirements set forth
in Section 8.06 hereof.

            Section 8.09 Merger or Consolidation of Trustee or Bond
Administrator. Any corporation into which the Trustee or Bond Administrator may
be merged or converted or with which it may be consolidated or any corporation
resulting from any merger, conversion or consolidation to which the Trustee or
Bond Administrator shall be a party, or any corporation succeeding to all or
substantially all of the corporate trust business of the Trustee, shall be the
successor of the Trustee or Bond Administrator, as applicable, hereunder,
provided that such corporation shall be eligible under the provisions of Section
8.06, without the execution or filing of any paper or any further act on the
part of any of the parties hereto, anything herein to the contrary
notwithstanding.

            Section 8.10 Appointment of Co-Trustee or Separate Trustee.
Notwithstanding any other provisions hereof, at any time, for the purpose of
meeting any legal requirements of any jurisdiction in which any part of the
Trust Fund or property securing the same may at the time be located, the
Depositor and the Trustee acting jointly shall have the power and shall execute
and deliver all instruments to appoint one or more Persons approved by the
Trustee to act (at the expense of the Trustee) as co-Trustee or co-Trustees,
jointly with the Trustee, or separate Trustee or separate Trustees, of all or
any part of the Trust Fund, and to vest in such Person or Persons, in such
capacity, such title to the Trust Fund, or any part thereof, and, subject to the
other provisions of this Section 8.10, such powers, duties, obligations, rights
and trusts as the Depositor and the Trustee may consider necessary or desirable.
If the Depositor shall not have joined in such appointment within 15 days after
the receipt by it of a request so to do, or in case an Event of Default shall
have occurred and be continuing, the Trustee alone shall have the power to make
such appointment. Except as required by applicable law, the appointment of a
co-Trustee or separate Trustee shall not relieve the Trustee of its
responsibilities, obligations and liabilities hereunder. No co-Trustee or
separate Trustee hereunder shall be required to meet the terms of eligibility as
a successor Trustee under Section 8.06 hereunder and no notice to Holders of
Certificates of the appointment of co-Trustee(s) or separate Trustee(s) shall be
required under Section 8.08 hereof.

            In the case of any appointment of a co-Trustee or separate Trustee
pursuant to this Section 8.10, all rights, powers, duties and obligations
conferred or imposed upon the Trustee shall be conferred or imposed upon and
exercised or performed by the Trustee and such separate Trustee or co-Trustee
jointly (it being understood that such separate Trustee or co-Trustee is not
authorized to act separately without the Trustee joining in such act), except to
the extent that under any law of any jurisdiction in which any particular act or
acts are to be performed (whether as Trustee hereunder or as successor to the
Servicer hereunder), the Trustee shall be incompetent or unqualified to perform
such act or acts, in which event such rights, powers, duties and obligations
(including the holding of title to the Trust Fund or any portion thereof in any
such jurisdiction) shall be exercised and performed by such separate Trustee or
co-Trustee solely at the direction of the Trustee.

            No Trustee under this Agreement shall be personally liable by reason
of any act or omission of any other Trustee under this Agreement. The Depositor
and the Trustee acting jointly may at any time accept the resignation of or
remove any separate Trustee or co-Trustee, or if the separate Trustee or
co-Trustee is an employee of the Trustee, the Trustee acting alone may accept
the resignation of or remove any separate Trustee or co-Trustee.

            Any notice, request or other writing given to the Trustee shall be
deemed to have been given to each of the then separate Trustees and co-Trustees,
as effectively as if given to each of them. Every instrument appointing any
separate Trustee or co-Trustee shall refer to this Agreement and the conditions
of this Article VIII. Every such instrument shall be filed with the Trustee.
Each separate Trustee and co-Trustee, upon its acceptance of the trusts
conferred, shall be vested with the estates or property specified in its
instrument of appointment, either jointly with the Trustee or separately, as may
be provided therein, subject to all the provisions of this Agreement,
specifically including every provision of this Agreement relating to the conduct
of, affecting the liability of, or affording protection to, the Trustee. In no
event shall any such separate Trustee or co-Trustee be entitled to any provision
relating to the conduct of, affecting the liability of or affording protection
to such separate Trustee or co-Trustee that imposes a standard of conduct less
stringent than that imposed by the Trustee hereunder, affording greater
protection than that afforded to the Trustee hereunder or providing a greater
limit on liability than that provided to the Trustee hereunder.

            Any separate Trustee or co-Trustee may, at any time, constitute the
Trustee its agent or attorney-in-fact, with full power and authority, to the
extent not prohibited by law, to do any lawful act under or in respect of this
Agreement on its behalf and in its name. If any separate Trustee or co-Trustee
shall die, become incapable of acting, resign or be removed, all of its estates,
properties, rights, remedies and trusts shall vest in and be exercised by the
Trustee, to the extent permitted by law, without the appointment of a new or
successor Trustee.

                                   ARTICLE IX

                                   TERMINATION

            Section 9.01 Termination. (a) The respective obligations and
responsibilities of the Servicer, the Special Servicer, the Depositor, the
Trustee and the Bond Administrator created hereby with respect to the
Certificates (other than the obligations of the Bond Administrator to make
certain payments and to send certain notices to Certificateholders as
hereinafter set forth) shall terminate upon payment (or provision for payment)
to the Certificateholders and the Serviced Companion Loan Noteholders of all
amounts held by or on behalf of the Bond Administrator and Servicer, as the case
may be, required hereunder to be so paid on the Distribution Date following the
earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c); (ii) the
exchange by the Sole Certificateholder of its Certificates for the Mortgage
Loans in accordance with Section 9.01(g) and (iii) the later of (a) the receipt
or collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to this Agreement of the
last asset held by the Trust Fund; provided, however, that in no event shall the
trust created hereby continue beyond the expiration of twenty-one years from the
death of the last survivor of the descendants of Joseph P. Kennedy, the late
Ambassador of the United States to the United Kingdom, living on the date
hereof.

            For purposes of this Section 9.01, the Sole Certificateholder shall
have the first option to terminate the Trust Fund, pursuant to subsection (g),
and then the Certificateholder owning a majority of the Percentage Interests in
the Controlling Class, the Servicer and the Special Servicer, in that order,
pursuant to subsection (c).

            (b) The Trust Fund, the Upper-Tier REMIC and the Lower-Tier REMIC
shall be terminated and the assets of the Trust Fund shall be sold or otherwise
disposed of in connection therewith, only pursuant to a "plan of complete
liquidation" within the meaning of Code Section 860F(a)(4)(A) providing for the
actions contemplated by the provisions hereof and pursuant to which the
applicable Notice of Termination is given, and requiring that the Trust Fund,
the Upper-Tier REMIC and the Lower-Tier REMIC shall terminate on a Distribution
Date occurring not more than 90 days following the date of adoption of the plan
of complete liquidation. For purposes of this Section 9.01(b), the Notice of
Termination given pursuant to Section 9.01(c) shall constitute the adoption of
the plan of complete liquidation as of the date such notice is given, which date
shall be specified by the Servicer in the final federal income tax returns of
the Upper-Tier REMIC and the Lower-Tier REMIC. The Loan REMIC shall be
terminated in such a complete liquidation simultaneously with the Upper-Tier
REMIC and the Lower-Tier REMIC and in accordance with the provisions of the Loan
REMIC Declaration; provided, that the Loan REMIC shall terminate without
liquidation on any earlier Distribution Date following a Final Recovery
Determination or other payment in full with respect to the AFR/Bank of America
Portfolio Mortgage Loan. Notwithstanding the termination of the Loan REMIC, the
Lower-Tier REMIC or the Upper-Tier REMIC or the Trust Fund, the Bond
Administrator shall be responsible for filing the final Tax Returns for each
such REMIC and for the Grantor Trust for the period ending with such
termination, and shall retain books and records with respect to such REMICs and
the Grantor Trust for the same period of retention for which it maintains its
own tax returns or such other reasonable period. The Trustee shall sign all Tax
Returns and other reports required by this Section promptly after receipt
thereof from the Bond Administrator.

            (c) The Certificateholder owning a majority of the Percentage
Interests in the Controlling Class and, if no such Certificateholder exercises
such option, the Servicer, and if the Servicer does not exercise its option, the
Special Servicer, may effect an early termination of the Trust Fund, upon not
less than 30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date specifying the Anticipated Termination Date, by purchasing on such date
all, but not less than all, of the Mortgage Loans then included in the Trust
Fund, and all property acquired in respect of any Mortgage Loan, at a purchase
price, payable in cash, equal to the greater of:

            (i) the sum of

                  (A) 100% of the Stated Principal Balance of each Mortgage Loan
            included in the Trust Fund as of the last day of the month preceding
            such Anticipated Termination Date (less any P&I Advances previously
            made on account of principal);

                  (B) the fair market value of all other property included in
            the Trust Fund as of the last day of the month preceding such
            Anticipated Termination Date, as determined by an Independent
            appraiser acceptable to the Servicer as of a date not more than 30
            days prior to the last day of the month preceding such Distribution
            Date;

                  (C) all unpaid interest accrued on the unpaid balance of each
            Mortgage Loan (including any Mortgage Loan as to which title to the
            related Mortgaged Property has been acquired) at the Mortgage Rate
            to the last day of the month preceding such Anticipated Termination
            Date (less any P&I Advances previously made on account of interest);
            and

                  (D) the aggregate amount of unreimbursed Advances, with
            interest thereon at the Advance Rate, and unpaid Servicing
            Compensation, Special Servicing Compensation, Trustee Fees and Trust
            Fund expenses; and

            (ii) the aggregate fair market value of the Mortgage Loans, and all
      other property acquired in respect of any Mortgage Loan in the Trust Fund,
      on the last day of the month preceding such Anticipated Termination Date,
      as determined by an Independent appraiser acceptable to the Servicer as of
      a date not more than 30 days prior to the last day of the month preceding
      such Distribution Date, together with one month's interest thereon at the
      Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In the event that the Certificateholder owning a majority of the
Percentage Interests in the Controlling Class, the Servicer or the Special
Servicer purchases all of the Mortgage Loans and all property acquired in
respect of any Mortgage Loan remaining in the Trust Fund in accordance with this
Section 9.01(c), the Certificateholder owning a majority of the Percentage
Interests in the Controlling Class, the Servicer or the Special Servicer, as
applicable, shall deposit in the Lower-Tier Distribution Account not later than
the Servicer Remittance Date relating to the Anticipated Termination Date on
which the final distribution on the Certificates is to occur, an amount in
immediately available funds equal to the above-described purchase price
(exclusive of any portion thereof payable to any Person other than the
Certificateholders pursuant to Section 3.05(a), which portion shall be deposited
in the Collection Account). In addition, the Servicer shall transfer to the Bond
Administrator for deposit in the Lower-Tier Distribution Account all amounts
required to be transferred thereto on such Servicer Remittance Date from the
Collection Account, together with any other amounts on deposit in the Collection
Account that would otherwise be held for future distribution. Upon confirmation
that such final deposits have been made, the Trustee shall, release or cause to
be released to the Certificateholder owning a majority of the Percentage
Interests in the Controlling Class, the Servicer or the Special Servicer, as
applicable, the Mortgage Files for the remaining Mortgage Loans and shall
execute all assignments, endorsements and other instruments furnished to it by
such purchasing party as shall be necessary to effectuate transfer of the
Mortgage Loans and all property acquired in respect of any Mortgage Loan
remaining in the Trust Fund, and the Trust Fund shall be liquidated in
accordance with this Article IX.

            As a condition to the purchase of the assets of the Trust Fund
pursuant to this Section 9.01(c), the purchaser shall deliver to the Bond
Administrator an Opinion of Counsel, which shall be at the expense of such
purchaser, stating that such termination will be a "qualified liquidation" under
Section 860F(a)(4)(A) of the Code. All costs and expenses incurred by any and
all parties to this Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and other assets of the Trust Fund pursuant to
this Section 9.01(c) shall be borne by the party exercising its purchase rights
hereunder. The Trustee and the Bond Administrator shall be entitled to rely
conclusively on any determination made by an Independent appraiser pursuant to
this subsection (c).

            (d) If the Trust Fund has not been previously terminated pursuant to
subsection (c) of this Section 9.01, the Bond Administrator shall determine as
soon as practicable the Distribution Date on which the Bond Administrator
reasonably anticipates, based on information with respect to the Mortgage Loans
previously provided to it, that the final distribution will be made (i) to the
Holders of outstanding Regular Certificates, and to the Bond Administrator in
respect of outstanding Lower-Tier Regular Interests, notwithstanding that such
distribution may be insufficient to distribute in full the Certificate Balance
or Lower-Tier Balance of each Class of Certificates or Lower-Tier Regular
Interests, respectively, or the Loan REMIC Balance of the Loan REMIC Regular
Interest, as the case may be, together with amounts required to be distributed
on such Distribution Date pursuant to Section 4.01(a), (b), or (c) and (ii) if
no such Classes of Certificates are then outstanding, to the Holders of the
Class LR Certificates of any amount remaining in the Collection Account or the
Lower-Tier Distribution Account, and to the Holders of the Class R Certificates
of any amount remaining in the Upper-Tier Distribution Account.

            (e) Notice of any termination of the Trust Fund pursuant to this
Section 9.01 shall be mailed by the Bond Administrator to affected
Certificateholders with a copy to the Servicer and each Rating Agency at their
addresses shown in the Certificate Registrar as soon as practicable after the
Bond Administrator shall have received, given or been deemed to have received a
Notice of Termination but in any event not more than 30 days, and not less than
ten days, prior to the Anticipated Termination Date. The notice mailed by the
Bond Administrator to affected Certificateholders shall:

            (i) specify the Anticipated Termination Date on which the final
      distribution is anticipated to be made to Holders of Certificates of the
      Classes specified therein;

            (ii) specify the amount of any such final distribution, if known;
      and

            (iii) state that the final distribution to Certificateholders will
      be made only upon presentation and surrender of Certificates at the office
      of the Paying Agent therein specified.

If the Trust Fund is not terminated on any Anticipated Termination Date for any
reason, the Bond Administrator shall promptly mail notice thereof to each
affected Certificateholder.

            (f) Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to this Section 9.01 shall not have been surrendered for cancellation within six
months after the time specified in such notice, the Bond Administrator shall
mail a second notice to the remaining Certificateholders, at their last
addresses shown in the Certificate Register, to surrender their Certificates for
cancellation in order to receive, from such funds held, the final distribution
with respect thereto. If within one year after the second notice any Certificate
shall not have been surrendered for cancellation, the Bond Administrator may,
directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and
expenses of maintaining such funds and of contacting Certificateholders shall be
paid out of the assets which remain held. If within two years after the second
notice any Certificates shall not have been surrendered for cancellation, the
Paying Agent shall pay to the Bond Administrator all amounts distributable to
the Holders thereof, and the Bond Administrator shall thereafter hold such
amounts for the benefit of such Holders until the earlier of (i) its termination
as Bond Administrator hereunder and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with this Section 9.01.

            (g) Following the date on which the aggregate Certificate Balance of
the Class A-1, Class A-2, Class A-3, Class A-4, Class B, Class C, Class D and
Class E Certificates is reduced to zero, the Sole Certificateholder shall have
the right to exchange all of its Certificates (other than the Class R and Class
LR Certificates) for all of the Mortgage Loans and each REO Property remaining
in the Trust Fund as contemplated by clause (ii) of Section 9.01(a) by giving
written notice to all the parties hereto no later than 60 days prior to the
anticipated date of exchange. In the event that the Sole Certificateholder
elects to exchange all of its Certificates (other than the Class R and Class LR
Certificates) for all of the Mortgage Loans and each REO Property remaining in
the Trust Fund in accordance with the preceding sentence, such Sole
Certificateholder, not later than the Distribution Date on which the final
distribution on the Certificates is to occur, shall deposit in the Collection
Account an amount in immediately available funds equal to all amounts due and
owing to the Depositor, the Servicer, the Special Servicer, the Bond
Administrator and the Trustee hereunder through the date of the liquidation of
the Trust Fund that may be withdrawn from the Collection Account, or an escrow
account acceptable to the respective parties hereto, pursuant to Section 3.06(a)
or that may be withdrawn from the Distribution Accounts pursuant to Section
3.06(a), but only to the extent that such amounts are not already on deposit in
the Collection Account. In addition, the Servicer shall transfer all amounts
required to be transferred to the Bond Administrator for deposit in the
Lower-Tier Distribution Account on such Servicer Remittance Date from the
Collection Account pursuant to Section 3.05. Upon confirmation that such final
deposits have been made and following the surrender of all its Certificates
(other than the Class R and Class LR Certificates) on the final Distribution
Date, the Trustee shall, upon receipt of a Request for Release from the
Servicer, release or cause to be released to the Sole Certificateholder or any
designee thereof, the Mortgage Files for the remaining Mortgage Loans and shall
execute all assignments, endorsements and other instruments furnished to it by
the Sole Certificateholder as shall be necessary to effectuate transfer of the
Mortgage Loans and REO Properties remaining in the Trust Fund, and the Trust
Fund shall be liquidated in accordance with this Article IX. The remaining
Mortgage Loans and REO Properties are deemed distributed to the Sole
Certificateholder in liquidation of the Trust Fund pursuant to this Article IX.
Solely for federal income tax purposes, the Sole Certificateholder shall be
deemed to have purchased the assets of the Loan REMIC and the Lower-Tier REMIC
for an amount equal to the remaining Certificate Balance of its Certificates
(other than the Class R and Class LR Certificates), plus accrued, unpaid
interest with respect thereto, and the Bond Administrator shall credit such
amounts against amounts distributable in respect of the Loan REMIC Regular
Interest, the Lower-Tier Regular Interests and such Certificates.

                                   ARTICLE X

                            MISCELLANEOUS PROVISIONS

            Section 10.01 Counterparts. This Agreement may be executed
simultaneously in any number of counterparts, each of which counterparts shall
be deemed to be an original, and such counterparts shall constitute but one and
the same instrument.

            Section 10.02 Limitation on Rights of Certificateholders. The death
or incapacity of any Certificateholder shall not operate to terminate this
Agreement or the Trust Fund, or entitle such Certificateholder's legal
representatives or heirs to claim an accounting or to take any action or
proceeding in any court for a partition or winding up of the Trust Fund, or
otherwise affect the rights, obligations and liabilities of the parties hereto
or any of them.

            No Certificateholder shall have any right to vote (except as
expressly provided for herein) or in any manner otherwise control the operation
and management of the Trust Fund, or the obligations of the parties hereto, and
nothing herein set forth, or contained in the terms of the Certificates, shall
be construed so as to constitute the Certificateholders from time to time as
partners or members of an association; and no Certificateholder shall be under
any liability to any third person by reason of any action taken by the parties
to this Agreement pursuant to any provision hereof.

            No Certificateholder shall have any right to institute any suit,
action or proceeding in equity or at law upon or under or with respect to this
Agreement or any Mortgage Loan, unless such Holder previously shall have given
to the Trustee a written notice of default and of the continuance thereof, as
hereinbefore provided, and unless also the Holders of Certificates representing
Percentage Interests of at least 25% of each affected Class of Certificates have
made written request upon the Trustee to institute such action, suit or
proceeding in its own name as Trustee hereunder and have offered to the Trustee
such reasonable security or indemnity as it may require against the costs,
expenses and liabilities to be incurred therein or thereby, and the Trustee, for
60 days after its receipt of such notice, request and offer of security or
indemnity, shall have neglected or refused to institute any such action, suit or
proceeding. It is understood and intended, and expressly covenanted by each
Certificateholder with every other Certificateholder and the Trustee, that no
one or more Holders of Certificates of any Class shall have any right in any
manner whatever by virtue of any provision of this Agreement to affect, disturb
or prejudice the rights of the Holders of any other of such Certificates, or to
obtain or seek to obtain priority over or preference to any other such Holder,
or to enforce any right under this Agreement, except in the manner herein
provided and for the equal, ratable and common benefit of all Holders of
Certificates of such Class. For the protection and enforcement of the provisions
of this Section, each and every Certificateholder and the Trustee shall be
entitled to such relief as can be given either at law or in equity.

            Section 10.03 Governing Law. THIS AGREEMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK AND THE OBLIGATIONS, RIGHTS
AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH
SUCH LAWS.

            Section 10.04 Notices. All demands, notices and communications
hereunder shall be in writing, shall be deemed to have been given upon receipt
(except that notices to Holders of Class R and Class LR Certificates or Holders
of any Class of Certificates no longer held through a Depository and instead
held in registered, definitive form shall be deemed to have been given upon
being sent by first class mail, postage prepaid or by overnight courier) as
follows:

            If to the Trustee, to:

                  Wells Fargo Bank, N.A.
                  9062 Old Annapolis Road
                  Columbia, Maryland 21045-1951
                  Attention: Corporate Trust Services (CMBS), COMM 2004-LNB2

            If to the Bond Administrator or Paying Agent:

                  LaSalle Bank National Association
                  135 South LaSalle Street, Suite 1625
                  Chicago, Illinois  60603
                  Attention:  Asset Backed Securities Trust Services Group,
                              COMM 2004-LNB2

            If to the Depositor, to:

                  Deutsche Mortgage & Asset Receiving Corporation
                  60 Wall Street
                  New York, New York 10005
                  Attention: Helaine M. Kaplan

            With a copy to:

                  Cadwalader, Wickersham & Taft LLP
                  100 Maiden Lane
                  New York, New York  10038
                  Attention:  Anna H. Glick

            If to the Servicer, to:

                  GMAC Commercial Mortgage Corporation
                  200 Witmer Road
                  Horsham, Pennsylvania  19044
                  Attention:  Managing Director, Commercial Servicing
                  Operations
                  Telecopy No.:  215-328-3488

            With a copy to:

                  GMAC Commercial Mortgage Corporation
                  200 Witmer Road
                  Horsham, Pennsylvania  19044
                  Attention:  General Counsel
                  Telecopy No.:  215-328-3620

            If to the Special Servicer, to:

                  Lennar Partners, Inc.
                  1601 Washington Avenue, Suite 800
                  Miami Beach, Florida  33139
                  Attention:  Michael Wheeler

            With a copy to:

                  Lennar Partners, Inc.
                  1601 Washington Avenue, Suite 800
                  Miami Beach, Florida  33139
                  Attention:  Zena Dickstein

            If to the German American Capital Corporation, to:

                  German American Capital Corporation
                  60 Wall Street
                  New York, New York  10005
                  Attention:  Jeffrey E. Paige

            If to LaSalle Bank National Association, as Mortgage Loan Seller,
      to:

                  LaSalle Bank National Association
                  135 South LaSalle Street, Suite 1225
                  Chicago, Illinois  60603
                  Attention:  Managing Director RECM
                  Telecopy No.:  312-904-0900

            If to ABN AMRO Bank, N.V., as Mortgage Loan Seller, to:

                  ABN AMRO Bank, N.V., Chicago Branch
                  55 East 52nd Street, 6th Floor
                  New York, New York  10055
                  Attention:  Frank C. Forelle
                  Telecopy No.:  212-409-7849

            If to the Underwriters, to:

                  Deutsche Bank Securities, Inc.
                  Commercial Mortgage-Backed Securities
                  60 Wall Street
                  New York, New York  10005
                  Attention:  Jeffrey E. Paige

                  ABN AMRO Incorporated
                  55 East 52nd Street, 6th Floor
                  New York, New York  10055
                  Attention:  Frank C. Forelle
                  Telecopy No.:  212-409-7849

                  Banc of America Securities LLC
                  214 North Tryon Street
                  NC1 027 21 02
                  Charlotte, North Carolina  28255

                  Citigroup Global Markets Inc.
                  388 Greenwich Street, 11th Floor
                  New York, New York  10013

                  Merrill Lynch, Pierce, Fenner & Smith Incorporated
                  4 World Financial Center
                  New York, New York  10080

            If to the original Directing Certificateholder, as Directing
      Certificateholder, to:

                  Delaware Securities Holdings Inc.
                  1601 Washington Avenue, Suite 800
                  Miami Beach, Florida  33139
                  Attention:  Shelly Rubin
                  Telecopy No.:  305-695-5500

                  with a copy to:

                  Bilzin Sumberg Baena Price & Axelrod LLP
                  Wachovia Financial Center
                  200 South Biscayne Boulevard, Suite 2500
                  Miami, Florida  33131
                  Attention:  Brian Bilzin
                  Telecopy No.:  305-374-7593

            If to any Certificateholder, to:

                  the address set forth in the Certificate Register,

or, in the case of the parties to this Agreement, to such other address as such
party shall specify by written notice to the other parties hereto.

            Section 10.05 Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever held invalid, then, to the extent permitted by applicable law,
such covenants, agreements, provisions or terms shall be deemed severable from
the remaining covenants, agreements, provisions or terms of this Agreement and
shall in no way affect the validity or enforceability of the other provisions of
this Agreement or of the Certificates or the rights of the Holders thereof.

            Section 10.06 Notice to the Depositor and Each Rating Agency. (a)
The Bond Administrator shall use its best efforts to promptly provide notice
(and, in the case of subsection (vii), promptly furnish or make available) to
the Depositor, the Underwriters, the Directing Certificateholder and each Rating
Agency with respect to each of the following of which a Responsible Officer of
the Bond Administrator has actual knowledge:

            (i) any material change or amendment to this Agreement;

            (ii) the occurrence of any Event of Default that has not been cured;

            (iii) the merger, consolidation, resignation or termination of the
      Servicer, the Special Servicer, the Trustee or the Bond Administrator;

            (iv) the repurchase of Mortgage Loans pursuant to Section 2.03(d);

            (v) the final payment to any Class of Certificateholders;

            (vi) any change in the location of the Collection Account, the
      Serviced Whole Loan Collection Account or the Distribution Accounts; and

            (vii) each report to Certificateholders described in Section 4.02,
      Section 3.13 and Section 3.22.

            (b) The Servicer shall promptly furnish to each Rating Agency copies
of the following:

            (i) each of its annual statements as to compliance described in
      Section 3.14;

            (ii) each of its annual independent public accountants' servicing
      reports described in Section 3.15;

            (iii) a copy of each rent roll and each operating and other
      financial statement and occupancy reports, to the extent such information
      is required to be delivered under a Mortgage Loan, in each case to the
      extent collected pursuant to Section 3.03;

            (iv) a copy of any notice with respect to a breach of a
      representation or warranty with respect to any Mortgage Loan;

            (v) any event that would result in the voluntary or involuntary
      termination of any insurance of the accounts of the Servicer;

            (vi) any change in the lien priority of a Mortgage Loan;

            (vii) any new lease of an anchor or a termination of an anchor lease
      at a retail Mortgaged Property;

            (viii) any material damage to a Mortgaged Property; and

            (ix) any amendment, modification, consent or waiver to or of any
      provision of a Mortgage Loan.

            (c) The Trustee, the Bond Administrator, the Servicer and the
Special Servicer, as applicable, shall furnish to each Rating Agency with
respect to the Trust Fund, a Mortgaged Property, a Borrower and a Specially
Serviced Loan such information as the Rating Agency and the Depositor shall
reasonably request and which the Trustee, the Bond Administrator, the Servicer
or the Special Servicer, can reasonably provide in accordance with applicable
law and without violating the terms of this Agreement or any Loan Documents. The
Rating Agencies shall not be charged any fee or expense in connection therewith.
The Servicer shall send copies to the Depositor of any information provided to
any Rating Agency. Notwithstanding anything to the contrary herein, nothing in
this Section 10.06 shall require a party to provide duplicative notices or
copies to the Rating Agencies with respect to any of the above listed items.

            (d) Notices to each Rating Agency shall be addressed as follows:

                  Standard & Poor's Ratings Services
                  55 Water Street
                  New York, NY 10041
                  Attention:  Commercial Mortgage Surveillance Group
                  Telecopy:  (212) 438-2657

                  Fitch, Inc.
                  One State Street Plaza
                  New York, NY 10004
                  Attention:  Commercial Mortgage Surveillance
                  Telecopy:  (212) 635-0294

                  Dominion Bond Rating Service Limited
                  20 North Clark Street, 8th Floor
                  Chicago, IL 60602
                  Attention:  Commercial Mortgage Surveillance Group
                  Telecopy:  (312) 332-3492

or in each case to such other address as either Rating Agency shall specify by
written notice to the parties hereto.

            Section 10.07 Amendment. This Agreement or any Custodial Agreement
may be amended at any time by the Depositor, the Servicer, the Special Servicer,
the Trustee and the Bond Administrator without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or this Agreement or to correct or supplement any provisions herein or
therein which may be defective or inconsistent with any other provisions herein
or therein; (iii) to amend any provision hereof to the extent necessary or
desirable to maintain the rating or ratings assigned to each of the Classes of
Certificates or any class of Serviced Companion Loan Securities by each Rating
Agency (provided such amendment does not adversely affect in any material
respect the interests of any Certificateholder or Serviced Companion Loan
Noteholder not consenting thereto); and (iv) to amend or supplement a provision,
or to supplement any other provisions to the extent not inconsistent with the
provisions of this Agreement, or any other change which will not adversely
affect in any material respect the interests of any Certificateholder or
Serviced Companion Loan Noteholder not consenting thereto, as evidenced in
writing by an Opinion of Counsel or, if solely affecting any Certificateholder
or Serviced Companion Loan Noteholder, confirmation in writing from each Rating
Agency then rating any Certificates or Serviced Companion Loan Securities that
such amendment will not result in a qualification, withdrawal or downgrading of
the then-current ratings assigned to the Certificates or any Serviced Companion
Loan Securities, as applicable. In no event shall any such amendment cause any
of the Loan REMIC, the Lower-Tier REMIC or the Upper-Tier REMIC to fail to
qualify as a REMIC.

            This Agreement or any Custodial Agreement may also be amended from
time to time by the Depositor, the Servicer, the Special Servicer, the Trustee
and the Bond Administrator with the consent of the Holders of Certificates
representing not less than 66-2/3% of the Percentage Interests of each Class of
Certificates affected thereby for the purpose of adding any provisions to or
changing in any manner or eliminating any of the provisions of this Agreement or
modifying in any manner the rights of the Certificateholders or the Serviced
Companion Loan Noteholders; provided, however, that no such amendment may:

            (i) reduce in any manner the amount of, or delay the timing of,
      payments received on the Mortgage Loans which are required to be
      distributed on any Certificate, without the consent of the Holders of
      Certificates representing all of the Percentage Interests of the Class or
      Classes affected thereby, or which are required to be distributed to any
      Serviced Companion Loan Noteholders without the consent of such Serviced
      Companion Loan Noteholders;

            (ii) change the percentages of Voting Rights of Holders of
      Certificates which are required to consent to any action or inaction under
      this Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
      the Trustee to make a P&I Advance or a Property Advance, without the
      consent of the Holders of Certificates representing all of the Percentage
      Interests of the Class or Classes affected thereby; or

            (iv) amend any section hereof which relates to the amendment of this
      Agreement without the consent of the Holders of all Certificates
      representing all of the Percentage Interests of the Class or Classes
      affected thereby and the consent of any affected Serviced Companion Loan
      Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend this Agreement to modify, eliminate or add to any of
its provisions to such extent as shall be necessary to maintain the
qualification of the Loan REMIC, the Lower-Tier REMIC or the Upper-Tier REMIC as
a REMIC or the qualification of the Grantor Trust as a Grantor Trust, or to
prevent the imposition of any additional material state or local taxes, at all
times that any Certificates are outstanding; provided, that such action, as
evidenced by an Opinion of Counsel (obtained at the expense of the Trust Fund),
is necessary or helpful to maintain such qualification or to prevent the
imposition of any such taxes, and would not adversely affect in any material
respect the interest of any Certificateholder or, if applicable, any Serviced
Companion Loan Noteholder.

            In the event that neither the Depositor nor any successor thereto,
if any, is in existence, any amendment under this Section 10.07 shall be
effective with the consent of the Trustee, the Bond Administrator, the Servicer
and the Special Servicer, in writing, and to the extent required by this Section
10.07, the Certificateholders. Promptly after the execution of any amendment,
the Servicer shall forward to the Trustee, the Bond Administrator and the
Special Servicer, and the Bond Administrator shall furnish written notification
of the substance of such amendment to each Certificateholder, each Serviced
Companion Loan Noteholder and each Rating Agency.

            It shall not be necessary for the consent of Certificateholders
under this Section 10.07 to approve the particular form of any proposed
amendment, but it shall be sufficient if such consent shall approve the
substance thereof. The method of obtaining such consents and of evidencing the
authorization of the execution thereof by Certificateholders and, if applicable,
Serviced Companion Loan Noteholders shall be subject to such reasonable
regulations as the Bond Administrator may prescribe; provided, however, that
such method shall always be by affirmation and in writing.

            Notwithstanding any contrary provision of this Agreement, no
amendment shall be made to this Agreement or any Custodial Agreement unless the
Trustee and the Bond Administrator shall have received an Opinion of Counsel, at
the expense of the party requesting such amendment (or, if such amendment is
required by any Rating Agency to maintain the rating issued by it or requested
by the Trustee for any purpose described in clause (i), (ii) or (iii) of the
first sentence of this Section, then at the expense of the Trust Fund and, in
the case of the Serviced Whole Loan, the Serviced Companion Loan Noteholders on
a pro rata basis based on the Mortgage Loan's or Serviced Companion Loan's, as
applicable, Stated Principal Balance), to the effect that such amendment is
permitted hereunder and such amendment will not cause any of the Loan REMIC, the
Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC at any
time that any REMIC Certificates are outstanding, or cause the Grantor Trust to
fail to qualify as a Grantor Trust, or cause a tax to be imposed on the Trust
Fund, any such REMIC or the Grantor Trust.

            Prior to the execution of any amendment to this Agreement or any
Custodial Agreement, the Trustee, the Bond Administrator, the Special Servicer
and the Servicer may request and shall be entitled to rely conclusively upon an
Opinion of Counsel, at the expense of the party requesting such amendment (or,
if such amendment is required by any Rating Agency to maintain the rating issued
by it or requested by the Trustee for any purpose described in the first
sentence of this Section 10.07 (which do not modify or otherwise relate solely
to the obligations, duties or rights of the Trustee), then at the expense of the
Trust Fund and, in the case of the Serviced Whole Loan, the Serviced Companion
Loan Noteholders on a pro rata basis based on the Mortgage Loan's or Serviced
Companion Loan's, as applicable, Stated Principal Balance) stating that the
execution of such amendment is authorized or permitted by this Agreement. The
Trustee and the Bond Administrator may, but shall not be obligated to, enter
into any such amendment which affects the Trustee's or the Bond Administrator's
own rights, duties or immunities under this Agreement.

            Notwithstanding any contrary provision contained in this Agreement,
no amendment shall be made to this Agreement which shall affect the obligations
of any Mortgage Loan Seller without the consent of such Mortgage Loan Seller.

            Section 10.08 Confirmation of Intent. It is the express intent of
the parties hereto that the conveyance of the Trust Fund (including the Mortgage
Loans) by the Depositor to the Trustee on behalf of Certificateholders as
contemplated by this Agreement and the sale by the Depositor of the Certificates
be, and be treated for all purposes as, a sale by the Depositor of the undivided
portion of the beneficial interest in the Trust Fund represented by the
Certificates. It is, further, not the intention of the parties that such
conveyance be deemed a pledge of the Trust Fund by the Depositor to the Trustee
to secure a debt or other obligation of the Depositor. However, in the event
that, notwithstanding the intent of the parties, the Trust Fund is held to
continue to be property of the Depositor then (a) this Agreement shall also be
deemed to be a security agreement under applicable law; (b) the transfer of the
Trust Fund provided for herein shall be deemed to be a grant by the Depositor to
the Trustee on behalf of Certificateholders of a first priority security
interest in all of the Depositor's right, title and interest in and to the Trust
Fund and all amounts payable to the holders of the Mortgage Loans in accordance
with the terms thereof and all proceeds of the conversion, voluntary or
involuntary, of the foregoing into cash, instruments, securities or other
property, including, without limitation, all amounts from time to time held or
invested in the Collection Account, the Serviced Whole Loan Collection Account,
the Distribution Accounts, the Interest Reserve Account, any REO Account and any
Excess Liquidation Proceeds Account whether in the form of cash, instruments,
securities or other property; (c) the possession by the Trustee (or the
Custodian on its behalf) of Notes and such other items of property as constitute
instruments, money, negotiable documents or chattel paper shall be deemed to be
"possession by the secured party" for purposes of perfecting the security
interest pursuant to Section 9-305 of the Delaware and Massachusetts Uniform
Commercial Code; and (d) notifications to Persons holding such property, and
acknowledgments, receipts or confirmations from Persons holding such property,
shall be deemed notifications to, or acknowledgments, receipts or confirmations
from, financial intermediaries, bailees or agents (as applicable) of the Trustee
for the purpose of perfecting such security interest under applicable law. Any
assignment of the interest of the Trustee pursuant to any provision hereof shall
also be deemed to be an assignment of any security interest created hereby. The
Depositor shall, and upon the request of the Servicer, the Trustee shall, to the
extent consistent with this Agreement (and at the expense of the Trust Fund and,
in the case of the Serviced Whole Loan, the Serviced Companion Loan Noteholders
on a pro rata basis based on the Mortgage Loan's or Serviced Companion Loan's,
as applicable, Stated Principal Balance), take such actions as may be necessary
to ensure that, if this Agreement were deemed to create a security interest in
the Mortgage Loans, such security interest would be deemed to be a perfected
security interest of first priority under applicable law and will be maintained
as such throughout the term of this Agreement. It is the intent of the parties
that such a security interest would be effective whether any of the Certificates
are sold, pledged or assigned.

            Section 10.09 No Intended Third-Party Beneficiaries. Except as
specified in Section 10.12, no Person other than a party to this Agreement or
any Certificateholder shall have any rights with respect to the enforcement of
any of the rights or obligations hereunder. Without limiting the foregoing, the
parties to this Agreement specifically state that no Borrower, Manager or other
party to a Mortgage Loan is an intended third-party beneficiary of this
Agreement.

            Section 10.10 [Reserved.]

            Section 10.11 Entire Agreement. This Agreement contains the entire
agreement and understanding between the parties hereto with respect to the
subject matter hereof, and supersedes all prior and contemporaneous agreements,
understanding, inducements and conditions, express or implied, oral or written,
of any nature whatsoever with respect to the subject matter hereof. The express
terms hereof control and supersedes any course of performance or usage of the
trade inconsistent with any of the terms hereof.

            Section 10.12 Third Party Beneficiaries. (a) Each of the Trustee and
the Servicer acknowledge that:

            (i) each of the AFR/Bank of America Portfolio Service Providers
      under the GMACCM 2003-C3 Pooling and Servicing Agreement is an intended
      third-party beneficiary under this Agreement with respect to any
      provisions herein relating to (1) the reimbursement of any AFR/Bank of
      America Portfolio Nonrecoverable Servicing Advances made with respect to
      the AFR/Bank of America Portfolio Mortgage Loan by such Person or
      non-recoverable Additional Trust Fund Expenses (as defined in the GMACCM
      2003-C3 Pooling and Servicing Agreement) that relate exclusively to the
      servicing of the AFR/Bank of America Portfolio Whole Loan, including any
      unpaid special servicing fees thereon, and that in the event that the
      funds received with respect to the AFR/Bank of America Mortgage Loan are
      insufficient to make such reimbursement payments, the Servicer will be
      required to reimburse the GMACCM 2003-C3 Servicer, the GMACCM 2003-C3
      Special Servicer or the GMACCM 2003-C3 Trustee, as applicable, out of
      general collections on the Mortgage Loans on deposit in the Collection
      Account, (2) indemnification of such Persons 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 GMACCM 2003-C3 Pooling and Servicing Agreement and this Agreement
      that relate solely to its servicing of the AFR/Bank of America Portfolio
      Whole Loan and any related reimbursement provisions and (3) notice from
      the Trustee to the GMACCM 2003-C3 Servicer and the GMACCM 2003-C3 Trustee
      of the deposit of the AFR/Bank of America Mortgage Loan into the Trust as
      required under Section 3.33(e).

            (ii) each of the Meadows Mall Service Providers under the Wachovia
      2003-C9 Pooling and Servicing Agreement is an intended third-party
      beneficiary under this Agreement with respect to any provisions herein
      relating to (1) the reimbursement of any Meadows Mall Nonrecoverable
      Advances made with respect to the Meadows Mall Mortgage Loan by such
      Persons, (2) the indemnification of the Wachovia 2003-C9 Servicer and the
      Wachovia 2003-C9 Special Servicer pursuant to this Agreement 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 Wachovia 2003-C9 Pooling and Servicing
      Agreement and this Agreement that relate solely to its servicing of the
      Meadows Mall Whole Loan and any related reimbursement provisions and (3)
      notice from the Trustee to the Wachovia 2003-C9 Servicer, the Wachovia
      2003-C9 Trustee and the Wachovia 2003-C9 Companion Paying Agent of the
      deposit of the Meadows Mall Mortgage Loan into the Trust as required under
      Section 3.33(e).

            (b) Each of the Trustee and the Servicer acknowledge that:

            (i) each holder of a Serviced Companion Loan is an intended third
      party beneficiary in respect of the rights afforded it under this
      Agreement and may directly enforce such rights, and

            (ii) each Tysons Corner Center Service Provider is an intended
      third-party beneficiary under this Agreement with respect to any
      provisions herein relating to (1) the reimbursement of any advances made
      with respect to each of the related Tysons Corner Center Pari Passu Loans
      and the coordination between the Servicer and the related master servicer
      under the related Serviced Companion Loan Securitization Agreement as set
      forth in Section 4.07, (2) the indemnification of each of the Tysons
      Corner Center Service Providers 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 their
      respective duties under the related Serviced Companion Loan Securitization
      Agreement and this Agreement as it relates to the related Tysons Corner
      Center Pari Passu Loan, and (3) the compensation to be paid to such Tysons
      Corner Center Service Provider with respect to the related Tysons Corner
      Center Pari Passu Loan.

<PAGE>

            IN WITNESS WHEREOF, the Depositor, the Servicer, the Special
Servicer, the Trustee, the Bond Administrator and the Paying Agent have caused
their names to be signed hereto by their respective officers thereunto duly
authorized all as of the day and year first above written.

Signed and acknowledged                  DEUTSCHE MORTGAGE & ASSET
   in the presence of                    RECEIVING CORPORATION,
                                         as Depositor

_______________________________________  By:  /s/ Peter Cookson
Print Name:                                   ----------------------------------

                                              Name: Peter Cookson

_______________________________________
Print Name                                    Title: Authorized Signatory

_______________________________________  By:  /s/ Helaine M. Kaplan
Print Name:                                   ----------------------------------

                                              Name:  Helaine M. Kaplan
_______________________________________
Print Name
                                              Title: President

Signed and acknowledged                  GMAC COMMERCIAL MORTGAGE CORPORATION,
   in the presence of                    as Servicer

_______________________________________  By:  /s/ Monica Barsamella
Print Name:                                   ----------------------------------

                                              Name: Monica Barsamella

/s/ Maureen V. Peddicord
---------------------------------------       Title: Vice President
Print Name

<PAGE>

Signed and acknowledged                  LENNAR PARTNERS, INC.,
   in the presence of                    as Special Servicer

_______________________________________  By: /s/ Shelly Rubin
Print Name:                                  -----------------------------------
                                             Name:  Shelly Rubin

_______________________________________
Print Name                                   Title: Vice President

Signed and acknowledged                  WELLS FARGO BANK, N.A.,
in the presence of                       as Trustee

/s/ Jack A. Aini                         By: /s/ Deborah Daniels
---------------------------------------      ----------------------------------
Print Name:

                                             Name:  Deborah Daniels

/s/ Sandy Whalen
---------------------------------------      Title: Vice President
Print Name

Signed and acknowledged                  LASALLE BANK NATIONAL ASSOCIATION, as
in the presence of                       Bond Administrator and Paying Agent

/s/ Kristina Nieto                       By: /s/ Alyssa C. Stahl
---------------------------------------      -----------------------------------
Print Name:
                                             Name:  Alyssa C. Stahl

/s/ Mitchell L. Brumwell
---------------------------------------      Title: Vice President
Print Name
<PAGE>

STATE OF NEW YORK       )
                        : ss.:
COUNTY OF NEW YORK      )

            On the 12th day of March in the year 2004, before me, the
undersigned, personally appeared Peter Cookson and Helaine M. Kaplan, personally
known to me or proved to me on the basis of satisfactory evidence to be the
individuals whose names are subscribed to the within instrument and acknowledged
to me that they executed the same in their capacities, and that by their
signatures on the instrument, the individuals, or the person upon behalf of
which the individuals acted, executed the instrument.

                                            /s/ Adrienne E. Pagac
                                            ------------------------------------
                                            Signature and Office of
                                            individual taking acknowledgment

This instrument prepared by:

Name:    Cadwalader, Wickersham & Taft LLP
Address: 100 Maiden Lane
         New York, New York 10038

<PAGE>

STATE OF PA            )
                       : ss.:
COUNTY OF MONTGOMERY   )

            On the 15th day of March in the year 2004, before me, the
undersigned, personally appeared Monica Barsamella, personally known to me or
proved to me on the basis of satisfactory evidence to be the individual(s) whose
name(s) is (are) subscribed to the within instrument and acknowledged to me that
he/she/they executed the same in his/her/their capacity(ies), and that by
his/her/their signature(s) on the instrument, the individual(s), or the person
upon behalf of which the individual(s) acted, executed the instrument, and that
such individual made such appearance before the undersigned in the
_____________________________ (insert the city or other political subdivision
and the state or county or other place the acknowledgment was taken).

                                            /s/ Barbara Visco
                                            ------------------------------------
                                            Signature and Office of
                                            individual taking acknowledgment

This instrument prepared by:

Name:    Cadwalader, Wickersham & Taft LLP
Address: 100 Maiden Lane
         New York, New York 10038

<PAGE>

STATE OF FLORIDA        )
                        : ss.:
COUNTY OF MIAMI-DADE    )

            On the 16th day of March in the year 2004, before me, the
undersigned, personally appeared Shelly Rubin, personally known to me or proved
to me on the basis of satisfactory evidence to be the individual(s) whose
name(s) is (are) subscribed to the within instrument and acknowledged to me that
he/she/they executed the same in his/her/their capacity(ies), and that by
his/her/their signature(s) on the instrument, the individual(s), or the person
upon behalf of which the individual(s) acted, executed the instrument, and that
such individual made such appearance before the undersigned in the County of
Miami-Dade (insert the city or other political subdivision and the state or
county or other place the acknowledgment was taken).

                                            /s/ Felix J. Alvarez
                                            ------------------------------------
                                            Signature and Office of
                                            individual taking acknowledgment

This instrument prepared by:

Name:    Cadwalader, Wickersham & Taft LLP
Address: 100 Maiden Lane
         New York, New York 10038

<PAGE>

STATE OF ILLINOIS    )
                     : ss.:
COUNTY OF COOK       )

            On the 17th day of March in the year 2004, before me, the
undersigned, personally appeared Alyssa C. Stahl, personally known to me or
proved to me on the basis of satisfactory evidence to be the individual(s) whose
name(s) is (are) subscribed to the within instrument and acknowledged to me that
he/she/they executed the same in his/her/their capacity(ies), and that by
his/her/their signature(s) on the instrument, the individual(s), or the person
upon behalf of which the individual(s) acted, executed the instrument, and that
such individual made such appearance before the undersigned in the City of
Chicago, County of Cook, IL. (insert the city or other political subdivision and
the state or county or other place the acknowledgment was taken).

                                            /s/ Ethel Franklin
                                            ------------------------------------
                                            Signature and Office of
                                            individual taking acknowledgment

This instrument prepared by:

Name:    Cadwalader, Wickersham & Taft LLP
Address: 100 Maiden Lane
         New York, New York 10038

<PAGE>

STATE OF NEW YORK       )
                        : ss.:
COUNTY OF NEW YORK      )

            On the ______ day of March in the year 2004, before me, the
undersigned, personally appeared ________________________________________,
personally known to me or proved to me on the basis of satisfactory evidence to
be the individual(s) whose name(s) is (are) subscribed to the within instrument
and acknowledged to me that he/she/they executed the same in his/her/their
capacity(ies), and that by his/her/their signature(s) on the instrument, the
individual(s), or the person upon behalf of which the individual(s) acted,
executed the instrument.

                                            _________________________________
                                            Signature and Office of
                                            individual taking acknowledgment

This instrument prepared by:

Name:    Cadwalader, Wickersham & Taft LLP
Address: 100 Maiden Lane
         New York, New York 10038

<PAGE>

                                   EXHIBIT A-1

                          FORM OF CLASS A-1 CERTIFICATE
                                   CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                      PASS-THROUGH CERTIFICATES, CLASS A-1

Class A-1 Pass-Through Rate:  2.964%            CUSIP:  20047A AA 8

                                                ISIN:  US20047AAA88

                                                Common Code:  [_________]

Original Aggregate Certificate Balance of the   Initial Certificate Balance of
Class A-1 Certificates:  $80,000,000            this Certificate:  $80,000,000

First Distribution Date:  April 12, 2004        Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:              No.:  A-1-1
November 10, 2008

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class A-1 Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-2, Class A-3, Class A-4, Class
X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G, Class H,
Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R, and
Class LR Certificates (together with the Class A-1 Certificates, the
"Certificates"; the Holders of Certificates issued under the Pooling and
Servicing Agreement are collectively referred to herein as
"Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator. To the
extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class A-l Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class A-1 Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions, in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance,
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class B, Class C, Class D and Class E
Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class A-1
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                      By:______________________________________
                                                   Authorized Officer

                          Certificate of Authentication

            This is one of the Class A-l Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                   EXHIBIT A-2

                          FORM OF CLASS A-2 CERTIFICATE
                                   CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                      PASS-THROUGH CERTIFICATES, CLASS A-2

Class A-2 Pass-Through Rate:  3.600%            CUSIP:  20047A AB 6

                                                ISIN: US20047AAB61

                                                Common Code: [__________]

Original Aggregate Certificate Balance of the   Initial Certificate Balance of
Class A-2 Certificates:  $129,524,000           this Certificate:  $129,524,000

First Distribution Date:  April 12, 2004        Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:              No.:  A-2-1
February 10, 2009

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class A-2 Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G,
Class H, Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R,
and Class LR Certificates (together with the Class A-2 Certificates, the
"Certificates"; the Holders of Certificates issued under the Pooling and
Servicing Agreement are collectively referred to herein as
"Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator. To the
extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class A-2 Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class A-2 Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions, in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class B, Class C, Class D and Class E
Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class A-2
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                    Authorized Officer

                          Certificate of Authentication

            This is one of the Class A-2 Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                   EXHIBIT A-3

                          FORM OF CLASS A-3 CERTIFICATE
                                   CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                      PASS-THROUGH CERTIFICATES, CLASS A-3

Class A-3 Pass-Through Rate:  4.221%            CUSIP:  20047A AC 4

                                                ISIN:  US20047AAC45

                                                Common Code:  [_________]

Original Aggregate Certificate Balance of the   Initial Certificate Balance of
Class A-3 Certificates:  $157,596,000           this Certificate:  $157,596,000

First Distribution Date:  April 12, 2004        Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:              No.:  A-3-1
April 10, 2013

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class A-3 Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-2, Class A-3, Class A-4, Class
X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G, Class H,
Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R, and
Class LR Certificates (together with the Class A-3 Certificates, the
"Certificates"; the Holders of Certificates issued under the Pooling and
Servicing Agreement are collectively referred to herein as
"Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator. To the
extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class A-l Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class A-3 Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions, in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance,
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class B, Class C, Class D and Class E
Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class A-3
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                    Authorized Officer

                          Certificate of Authentication

            This is one of the Class A-3 Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                   EXHIBIT A-4

                          FORM OF CLASS A-4 CERTIFICATE
                                   CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                      PASS-THROUGH CERTIFICATES, CLASS A-4

Class A-4 Pass-Through Rate:  4.715%            CUSIP:  20047A AD 2

                                                ISIN:  US20047AAD28

                                                Common Code:  [_________]

Original Aggregate Certificate Balance of the   Initial Certificate Balance of
Class A-4 Certificates:  $466,533,000           this Certificate:  $466,533,000

First Distribution Date:  April 12, 2004        Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:              No.:  A-4-1
March 10, 2014

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class A-4 Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-2, Class A-3, Class A-4, Class
X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G, Class H,
Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R, and
Class LR Certificates (together with the Class A-4 Certificates, the
"Certificates"; the Holders of Certificates issued under the Pooling and
Servicing Agreement are collectively referred to herein as
"Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator. To the
extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class A-l Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class A-4 Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions, in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance,
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class B, Class C, Class D and Class E
Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class A-4
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                    Authorized Officer

                          Certificate of Authentication

            This is one of the Class A-4 Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                   EXHIBIT A-5

                          FORM OF CLASS X-1 CERTIFICATE
                     [RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

THE HOLDERS OF THIS CLASS X-1 CERTIFICATE WILL BE ENTITLED ONLY TO DISTRIBUTIONS
OF INTEREST ON THE NOTIONAL BALANCE OF THE CLASS X CERTIFICATES AND WILL NOT BE
ENTITLED TO ANY DISTRIBUTIONS WITH RESPECT TO PRINCIPAL. THE NOTIONAL BALANCE OF
THE CLASS X-1 CERTIFICATES IS EQUAL TO AN AMOUNT AS SET FORTH IN THE POOLING AND
SERVICING AGREEMENT REFERRED TO BELOW. ACCORDINGLY, THE OUTSTANDING NOTIONAL
BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL
BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED AND CERTAIN OTHER ASSETS.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

-------------
(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2003 LNB-1 COMMERCIAL MORTGAGE
                      PASS-THROUGH CERTIFICATES, CLASS X-1

Class X-1 Pass-Through Rate:  Variable,        CUSIP:
as determined in accordance with the           [20047B AA 6](2) [U2021Q AA 8](1)
Pooling and Servicing Agreement.

                                               ISIN:
                                               [US20047BAA61](2)
                                               [USU2021QAA86](1)

                                               Common Code: [_______]

                                               Initial Notional Balance of this
                                               Certificate:
Original Aggregate Notional Balance of the     [$500,000,000][$463,760,934](2)
Class X-1 Certificates:  $ 963,760,934         [$0](1)

First Distribution Date:  April 12, 2004       Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:             No.:  X-1-[__]
April 10, 2028

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class X-1 Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are Class A-1, Class A-2, Class A-3, Class A-4,
Class X-2, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class
J, Class K, Class L, Class M, Class N, Class O, Class P, Class R and Class LR
Certificates (together with the X-1 Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc. as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator, among
other parties. To the extent not defined herein, capitalized terms used herein
shall have the meanings assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class X-1 Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class X-1 Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Notional Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement
and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Notional Balance. Such Certificates shall be
delivered by the Certificate Registrar in accordance with Section 5.02(e) of the
Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class B, Class C, Class D and Class E
Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class X-1
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                    Authorized Officer

                          Certificate of Authentication

            This is one of the Class X-1 Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                    Class X-1
                                   Schedule A

                                            Remaining Notional
            Notional Balance                Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
----------  ------------------------------  ------------------------  ----------

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<PAGE>

                                   EXHIBIT A-6

                          FORM OF CLASS X-2 CERTIFICATE
                     [RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

THE HOLDERS OF THIS CLASS X CERTIFICATE WILL BE ENTITLED ONLY TO DISTRIBUTIONS
OF INTEREST ON THE NOTIONAL BALANCE OF THE CLASS X-2 CERTIFICATES AND WILL NOT
BE ENTITLED TO ANY DISTRIBUTIONS WITH RESPECT TO PRINCIPAL. THE NOTIONAL BALANCE
OF THE CLASS X-2 CERTIFICATES IS EQUAL TO AN AMOUNT AS SET FORTH IN THE POOLING
AND SERVICING AGREEMENT REFERRED TO BELOW. ACCORDINGLY, THE OUTSTANDING NOTIONAL
BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL
BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED AND CERTAIN OTHER ASSETS.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

-------------
(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2003 LNB-1 COMMERCIAL MORTGAGE
                      PASS-THROUGH CERTIFICATES, CLASS X-2

Class X-2 Pass-Through Rate:  Variable,        CUSIP:
as determined in accordance with the           [20047B AB 4](2) [U2021Q AB 6](1)
Pooling and Servicing Agreement.

                                               ISIN:
                                               [US20047BAB45](2)
                                               [USU2021QAB69](1)

                                               Common Code: [__________]

                                               Initial Notional Balance of this
                                               Certificate:
Original Aggregate Notional Balance of the     [$500,000,000][$431,211,000](2)
Class X-2 Certificates:  $931,211,000          [$0](1)

First Distribution Date:  April 12, 2004       Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:             No.:  X-2-[__]
March 10, 2011

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class X-2 Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are Class A-1, Class A-2, Class A-3, Class A-4,
Class X-1, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class
J, Class K, Class L, Class M, Class N, Class O, Class P, Class R and Class LR
Certificates (together with the X-2 Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc. as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator, among
other parties. To the extent not defined herein, capitalized terms used herein
shall have the meanings assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class X-2 Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class X-2 Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Notional Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement
and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Notional Balance. Such Certificates shall be
delivered by the Certificate Registrar in accordance with Section 5.02(e) of the
Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class X-2
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                   Authorized Officer

                          Certificate of Authentication

            This is one of the Class X-2 Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                   Authorized Officer

<PAGE>

                                    Class X-2
                                   Schedule A

                                            Remaining Notional
            Notional Balance                Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

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----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

<PAGE>

                                   EXHIBIT A-7

                                 FORM OF CLASS B
                                   CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS B CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS B

Class B Pass-Through Rate: 4.820%               CUSIP:  20047A AE 0

                                                ISIN: US20047AAE01

                                                Common Code: [________]

Original Aggregate Certificate Balance of the   Initial Certificate Balance of
Class B Certificates:  $25,298,000              this Certificate:  $25,298,000

First Distribution Date:  April 12, 2004        Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:              No.:  B-1
March 10, 2014

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class B Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class C, Class D, Class E, Class F, Class G, Class H,
Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R, and
Class LR Certificates (together with the Class B Certificates, the
"Certificates"; the Holders of Certificates issued under the Pooling and
Servicing Agreement are collectively referred to herein as
"Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator. To the
extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class A-l Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class B Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions, in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class B
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                   Authorized Officer

                          Certificate of Authentication

            This is one of the Class B Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                   Authorized Officer

<PAGE>

                                   EXHIBIT A-8

                                 FORM OF CLASS C
                                   CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS C CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS C

Class C Pass-Through Rate:  4.869%              CUSIP: 20047A AF 7

                                                ISIN:  US20047AAF75

                                                Common Code: [_______]

Original Aggregate Certificate Balance of the   Initial Certificate Balance of
Class C Certificates:  $9,638,000               this Certificate: $9,638,000

First Distribution Date:  April 12, 2004        Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:              No.:  C-1
March 10, 2014

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class C Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class D, Class E, Class F, Class G, Class H,
Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R, and
Class LR Certificates (together with the Class C Certificates, the
"Certificates"; the Holders of Certificates issued under the Pooling and
Servicing Agreement are collectively referred to herein as
"Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator. To the
extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class A-l Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class C Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions, in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class C
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                    Authorized Officer

                          Certificate of Authentication

            This is one of the Class C Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                   EXHIBIT A-9

                                 FORM OF CLASS D
                                   CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS D CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS D

Class D Pass-Through Rate:  4.934%              CUSIP: 20047A AG 5

                                                ISIN: US20047AAG58

                                                Common Code:  [_______]

Original Aggregate Certificate Balance of the   Initial Certificate Balance of
Class D Certificates:  $19,275,000              this Certificate: $19,275,000

First Distribution Date:  April 12, 2004        Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:              No.:  D-1
December 10, 2015

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class D Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class E, Class F, Class G, Class H,
Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R, and
Class LR Certificates (together with the Class D Certificates, the
"Certificates"; the Holders of Certificates issued under the Pooling and
Servicing Agreement are collectively referred to herein as
"Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator. To the
extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class A-l Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class D Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions, in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class D
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                  Authorized Officer

                          Certificate of Authentication

            This is one of the Class D Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                  Authorized Officer

<PAGE>

                                  EXHIBIT A-10

                                 FORM OF CLASS E
                                   CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS E CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS E

Class E Pass-Through Rate:  5.357%              CUSIP: 20047A AH 3

                                                ISIN: US20047AAH32

                                                Common Code: [_______]

Original Aggregate Certificate Balance of the   Initial Certificate Balance of
Class E Certificates:  $8,433,000               this Certificate: $8,433,000

First Distribution Date:  April 12, 2004        Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:              No.:  E-1
December 10, 2018

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class E Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class F, Class G, Class H,
Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R, and
Class LR Certificates (together with the Class E Certificates, the
"Certificates"; the Holders of Certificates issued under the Pooling and
Servicing Agreement are collectively referred to herein as
"Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator. To the
extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class A-l Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class E Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions, in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class E
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                    Authorized Officer

                          Certificate of Authentication

            This is one of the Class E Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer
<PAGE>

                                  EXHIBIT A-11

                           FORM OF CLASS F CERTIFICATE
                     [RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
THEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS F CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE CODE.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS F

Class F Pass-Through Rate:  (i) 5.540% or      CUSIP:
(ii) the Weighted Average Net Mortgage         [20047B AC 2](2) [U2021Q AC 4](1)
Pass-Through Rate (as defined in the
Pooling and Servicing Agreement)
                                               ISIN:
                                               [US20047BAC28](2)
                                               [USU2021QAC43](1)

                                               Common Code: [_____]

Original Aggregate Certificate Balance of the  Initial Certificate Balance of
                                               this Certificate: [$9,638,000](2)
Class F Certificates:  $9,638,000              [$0](1)

First Distribution Date:  April 12, 2004       Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:             No.:  F-1
December 10, 2018

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class F Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class G, Class H,
Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R and Class
LR Certificates (together with the Class F Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle National Association, as Bond Administrator. To the extent
not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class F Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class F Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class F
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                    Authorized Officer

                          Certificate of Authentication

            This is one of the Class F Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                     Class F
                                   Schedule A

                                            Remaining Certificate
            Certificate Balance             Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
----------  ------------------------------  ------------------------  ----------

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----------  ------------------------------  ------------------------  ----------

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<PAGE>

                                  EXHIBIT A-12

                           FORM OF CLASS G CERTIFICATE
                     [RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
THEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS G CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE CODE.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

-------------
(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS G

Class G Pass-Through Rate:  The lesser of     CUSIP:
5.540% or the Weighted Average Net Mortgage   [20047B AD 0](2) [U2021Q AD 2](1)
Pass-Through Rate (as defined in the
Pooling and Servicing Agreement)
                                              ISIN:
                                              [US20047BAD01](2)
                                              [USU2021QAD26](1)

                                              Common Code: [_______]

Original Aggregate Certificate Balance of     Initial Certificate Balance of
the Class G Certificates:  $10,842,000        this Certificate: [$10,842,000](2)
                                              [$0](1)

First Distribution Date:  April 12, 2004      Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:            No.:  G-1
December 10, 2018

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class G Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class H,
Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R and Class
LR Certificates (together with the Class G Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle National Association, as Bond Administrator. To the extent
not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class G Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class G Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class G
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                    Authorized Officer

                          Certificate of Authentication

            This is one of the Class G Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                     Class G
                                   Schedule A

                                            Remaining Certificate
            Certificate Balance             Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
----------  ------------------------------  ------------------------  ----------

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----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

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<PAGE>

                                  EXHIBIT A-13

                           FORM OF CLASS H CERTIFICATE
                     [RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
THEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS H CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE CODE.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

-------------
(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS H

Class H Pass-Through Rate:  The lesser of    CUSIP:
5.701% or the Weighted Average Net           [20047B AE 8](2) [U2021Q AE 0](1)
Mortgage Pass-Through Rate (as defined in
the Pooling and Servicing Agreement)
                                             ISIN:
                                             [US20047BAE83](2) [USU2021QAE09](1)

                                             Common Code: [_______]

Original Aggregate Certificate Balance of    Initial Certificate Balance of
the Class H Certificates:  $10,842,000       this Certificate:
                                             [$10,842,000](2)  [$0](1)

First Distribution Date:  April 12, 2004     Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:           No.:  H-1
December 10, 2018

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class H Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G,
Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class R and Class
LR Certificates (together with the Class H Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle National Association, as Bond Administrator. To the extent
not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class H Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class H Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class H
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                   Authorized Officer

                          Certificate of Authentication

            This is one of the Class H Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                   Authorized Officer

<PAGE>

                                     Class H
                                   Schedule A

                                            Remaining Certificate
            Certificate Balance             Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

----------  ------------------------------  ------------------------  ----------

<PAGE>

                                  EXHIBIT A-14

                           FORM OF CLASS J CERTIFICATE
                     ]RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
THEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS J CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

THIS CERTIFICATE SHOULD NOT BE PURCHASED BY A TRANSFEREE THAT IS (A) AN EMPLOYEE
BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT OR A KEOGH PLAN, WHICH IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE") OR A GOVERNMENTAL PLAN, AS DEFINED
IN SECTION 3(32) OF ERISA, OR OTHER PLAN SUBJECT TO ANY FEDERAL, STATE OR LOCAL
LAW ("SIMILAR LAW") WHICH IS TO A MATERIAL EXTENT SIMILAR TO THE FOREGOING
PROVISIONS OF ERISA OR THE CODE (EACH, A "PLAN"), OR (B) A COLLECTIVE INVESTMENT
FUND IN WHICH SUCH PLANS ARE INVESTED, AN INSURANCE COMPANY USING ASSETS OF
SEPARATE ACCOUNTS OR GENERAL ACCOUNTS WHICH INCLUDE ASSETS OF PLANS (OR WHICH
ARE DEEMED PURSUANT TO ERISA OR ANY SIMILAR LAW TO INCLUDE ASSETS OF PLANS) OR
OTHER PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF ANY SUCH
PLAN OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT
UNDER CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60 OR A SUBSTANTIALLY SIMILAR EXEMPTION
UNDER SIMILAR LAW. TRANSFEREES OF THIS CERTIFICATE TAKING DELIVERY IN
CERTIFICATED FORM SHALL BE REQUIRED EITHER (i) TO DELIVER A LETTER IN THE FORM
ATTACHED TO THE POOLING AND SERVICING AGREEMENT TO SUCH EFFECT, OR (ii) IN THE
EVENT THE TRANSFEREE IS SUCH AN ENTITY SPECIFIED IN (A) OR (B) ABOVE, SUCH
ENTITY SHALL PROVIDE ANY OPINIONS OF COUNSEL, OFFICERS' CERTIFICATES OR
AGREEMENTS AS MAY BE REQUIRED BY, AND IN FORM AND SUBSTANCE SATISFACTORY TO, THE
DEPOSITOR, THE BOND ADMINISTRATOR AND THE CERTIFICATE REGISTRAR, TO THE EFFECT
THAT THE PURCHASE AND HOLDING OF THE CERTIFICATES BY OR ON BEHALF OF A PLAN WILL
NOT CONSTITUTE OR RESULT IN A PROHIBITED TRANSACTION WITHIN THE MEANING OF
SECTION 406 OR 407 OF ERISA OR SECTION 4975 OF THE CODE, AND WILL NOT SUBJECT
THE SERVICER, THE SPECIAL SERVICER, THE DEPOSITOR, THE TRUSTEE, THE BOND
ADMINISTRATOR OR THE CERTIFICATE REGISTRAR TO ANY OBLIGATION OR LIABILITY. THE
TRANSFEREE OF A BENEFICIAL INTEREST IN A "GLOBAL CERTIFICATE" THAT IS A
"RESTRICTED CERTIFICATE" (EACH AS DEFINED IN THE POOLING AND SERVICING
AGREEMENT) SHALL BE DEEMED TO REPRESENT THAT IT IS NOT A PLAN OR A PERSON ACTING
ON BEHALF OF ANY PLAN OR USING THE ASSETS OF ANY PLAN TO ACQUIRE SUCH INTEREST,
OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT UNDER
CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60, OR A SUBSTANTIALLY SIMILAR
EXEMPTION UNDER SIMILAR LAW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE CODE.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

-------------
(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS J

Class J Pass-Through Rate:  The lesser of    CUSIP:
4.997% or the Weighted Average Net           [20047B AF 5](2) [U2021Q AF 7](1)
Mortgage Pass-Through Rate (as defined
in the Pooling and Servicing Agreement)
                                             ISIN:
                                             [US20047BAF58](2) [USU2021QAF73](1)

                                             Common Code: [_______]

Original Aggregate Certificate Balance of    Initial Certificate Balance of
the Class J Certificates:  $4,819,000        this Certificate: [$4,819,000](2)
                                             [$0](1)

First Distribution Date:  April 12, 2004     Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:           No.:  J-1
December 10, 2018

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class J Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G,
Class H, Class K, Class L, Class M, Class N, Class O, Class P, Class R and Class
LR Certificates (together with the Class J Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle National Association, as Bond Administrator. To the extent
not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class J Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class J Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class J
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                   Authorized Officer

                          Certificate of Authentication

            This is one of the Class J Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                   Authorized Officer

<PAGE>

                                     Class J
                                   Schedule A

                                            Remaining Certificate
            Certificate Balance             Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
----------  ------------------------------  ------------------------  ----------

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<PAGE>

                                  EXHIBIT A-15

                           FORM OF CLASS K CERTIFICATE
                     [RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
THEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS K CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

THIS CERTIFICATE SHOULD NOT BE PURCHASED BY A TRANSFEREE THAT IS (A) AN EMPLOYEE
BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT OR A KEOGH PLAN, WHICH IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE") OR A GOVERNMENTAL PLAN, AS DEFINED
IN SECTION 3(32) OF ERISA, OR OTHER PLAN SUBJECT TO ANY FEDERAL, STATE OR LOCAL
LAW ("SIMILAR LAW") WHICH IS TO A MATERIAL EXTENT SIMILAR TO THE FOREGOING
PROVISIONS OF ERISA OR THE CODE (EACH, A "PLAN"), OR (B) A COLLECTIVE INVESTMENT
FUND IN WHICH SUCH PLANS ARE INVESTED, AN INSURANCE COMPANY USING ASSETS OF
SEPARATE ACCOUNTS OR GENERAL ACCOUNTS WHICH INCLUDE ASSETS OF PLANS (OR WHICH
ARE DEEMED PURSUANT TO ERISA OR ANY SIMILAR LAW TO INCLUDE ASSETS OF PLANS) OR
OTHER PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF ANY SUCH
PLAN OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT
UNDER CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60 OR A SUBSTANTIALLY SIMILAR EXEMPTION
UNDER SIMILAR LAW. TRANSFEREES OF THIS CERTIFICATE TAKING DELIVERY IN
CERTIFICATED FORM SHALL BE REQUIRED EITHER (i) TO DELIVER A LETTER IN THE FORM
ATTACHED TO THE POOLING AND SERVICING AGREEMENT TO SUCH EFFECT, OR (ii) IN THE
EVENT THE TRANSFEREE IS SUCH AN ENTITY SPECIFIED IN (A) OR (B) ABOVE, SUCH
ENTITY SHALL PROVIDE ANY OPINIONS OF COUNSEL, OFFICERS' CERTIFICATES OR
AGREEMENTS AS MAY BE REQUIRED BY, AND IN FORM AND SUBSTANCE SATISFACTORY TO, THE
DEPOSITOR, THE BOND ADMINISTRATOR AND THE CERTIFICATE REGISTRAR, TO THE EFFECT
THAT THE PURCHASE AND HOLDING OF THE CERTIFICATES BY OR ON BEHALF OF A PLAN WILL
NOT CONSTITUTE OR RESULT IN A PROHIBITED TRANSACTION WITHIN THE MEANING OF
SECTION 406 OR 407 OF ERISA OR SECTION 4975 OF THE CODE, AND WILL NOT SUBJECT
THE SERVICER, THE SPECIAL SERVICER, THE DEPOSITOR, THE TRUSTEE, THE BOND
ADMINISTRATOR OR THE CERTIFICATE REGISTRAR TO ANY OBLIGATION OR LIABILITY. THE
TRANSFEREE OF A BENEFICIAL INTEREST IN A "GLOBAL CERTIFICATE" THAT IS A
"RESTRICTED CERTIFICATE" (EACH AS DEFINED IN THE POOLING AND SERVICING
AGREEMENT) SHALL BE DEEMED TO REPRESENT THAT IT IS NOT A PLAN OR A PERSON ACTING
ON BEHALF OF ANY PLAN OR USING THE ASSETS OF ANY PLAN TO ACQUIRE SUCH INTEREST,
OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT UNDER
CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60, OR A SUBSTANTIALLY SIMILAR
EXEMPTION UNDER SIMILAR LAW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE CODE.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

-------------
(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS K

Class K Pass-Through Rate:  The lesser of    CUSIP:
4.997% or the Weighted Average Net           [20047B AG 3](2) [U2021Q AG 5](1)
Mortgage Pass-Through Rate (as defined
in the Pooling and Servicing Agreement)
                                             ISIN:
                                             [US20047BAG32](2) [USU2021QAG56](1)

                                             Common Code: [_______]

Original Aggregate Certificate Balance of    Initial Certificate Balance of
the Class K Certificates:  $6,024,000        this Certificate: [$6,024,000](2)
                                             [$0](1)

First Distribution Date:  April 12, 2004     Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:           No.:  K-1
December 10, 2018

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class K Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G,
Class H, Class J, Class L, Class M, Class N, Class O, Class P, Class R and Class
LR Certificates (together with the Class K Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle National Association, as Bond Administrator. To the extent
not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class K Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class K Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class K
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                   Authorized Officer

                          Certificate of Authentication

            This is one of the Class K Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                     Class K
                                   Schedule A

                                            Remaining Certificate
            Certificate Balance             Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
----------  ------------------------------  ------------------------  ----------

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<PAGE>

                                  EXHIBIT A-16

                           FORM OF CLASS L CERTIFICATE
                     [RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
THEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS L CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

THIS CERTIFICATE SHOULD NOT BE PURCHASED BY A TRANSFEREE THAT IS (A) AN EMPLOYEE
BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT OR A KEOGH PLAN, WHICH IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE") OR A GOVERNMENTAL PLAN, AS DEFINED
IN SECTION 3(32) OF ERISA, OR OTHER PLAN SUBJECT TO ANY FEDERAL, STATE OR LOCAL
LAW ("SIMILAR LAW") WHICH IS TO A MATERIAL EXTENT SIMILAR TO THE FOREGOING
PROVISIONS OF ERISA OR THE CODE (EACH, A "PLAN"), OR (B) A COLLECTIVE INVESTMENT
FUND IN WHICH SUCH PLANS ARE INVESTED, AN INSURANCE COMPANY USING ASSETS OF
SEPARATE ACCOUNTS OR GENERAL ACCOUNTS WHICH INCLUDE ASSETS OF PLANS (OR WHICH
ARE DEEMED PURSUANT TO ERISA OR ANY SIMILAR LAW TO INCLUDE ASSETS OF PLANS) OR
OTHER PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF ANY SUCH
PLAN OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT
UNDER CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60 OR A SUBSTANTIALLY SIMILAR EXEMPTION
UNDER SIMILAR LAW. TRANSFEREES OF THIS CERTIFICATE TAKING DELIVERY IN
CERTIFICATED FORM SHALL BE REQUIRED EITHER (i) TO DELIVER A LETTER IN THE FORM
ATTACHED TO THE POOLING AND SERVICING AGREEMENT TO SUCH EFFECT, OR (ii) IN THE
EVENT THE TRANSFEREE IS SUCH AN ENTITY SPECIFIED IN (A) OR (B) ABOVE, SUCH
ENTITY SHALL PROVIDE ANY OPINIONS OF COUNSEL, OFFICERS' CERTIFICATES OR
AGREEMENTS AS MAY BE REQUIRED BY, AND IN FORM AND SUBSTANCE SATISFACTORY TO, THE
DEPOSITOR, THE BOND ADMINISTRATOR AND THE CERTIFICATE REGISTRAR, TO THE EFFECT
THAT THE PURCHASE AND HOLDING OF THE CERTIFICATES BY OR ON BEHALF OF A PLAN WILL
NOT CONSTITUTE OR RESULT IN A PROHIBITED TRANSACTION WITHIN THE MEANING OF
SECTION 406 OR 407 OF ERISA OR SECTION 4975 OF THE CODE, AND WILL NOT SUBJECT
THE SERVICER, THE SPECIAL SERVICER, THE DEPOSITOR, THE TRUSTEE, THE BOND
ADMINISTRATOR OR THE CERTIFICATE REGISTRAR TO ANY OBLIGATION OR LIABILITY. THE
TRANSFEREE OF A BENEFICIAL INTEREST IN A "GLOBAL CERTIFICATE" THAT IS A
"RESTRICTED CERTIFICATE" (EACH AS DEFINED IN THE POOLING AND SERVICING
AGREEMENT) SHALL BE DEEMED TO REPRESENT THAT IT IS NOT A PLAN OR A PERSON ACTING
ON BEHALF OF ANY PLAN OR USING THE ASSETS OF ANY PLAN TO ACQUIRE SUCH INTEREST,
OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT UNDER
CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60, OR A SUBSTANTIALLY SIMILAR
EXEMPTION UNDER SIMILAR LAW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE CODE.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

-------------
(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS L

Class L Pass-Through Rate:  The lesser of    CUSIP:
4.997% or the Weighted Average Net           [20047B AH 1](2) [U2021Q AH 3](1)
Mortgage Pass-Through Rate (as defined
in the Pooling and Servicing Agreement)
                                             ISIN:
                                             [US20047BAH15](2) [USU2021QAH30](1)

                                             Common Code: [_______]

Original Aggregate Certificate Balance of    Initial Certificate Balance of
the Class L Certificates:  $3,614,000        this Certificate: [$3,614,000](2)
                                             [$0](1)

First Distribution Date:  April 12, 2004     Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:           No.:  L-1
December 10, 2018

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class L Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G,
Class H, Class J, Class K, Class M, Class N, Class O, Class P, Class R and Class
LR Certificates (together with the Class L Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle National Association, as Bond Administrator. To the extent
not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class L Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class L Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance, in
                  each case, without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; and (ii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class L
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                    Authorized Officer

                          Certificate of Authentication

            This is one of the Class L Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                     Class L
                                   Schedule A

                                            Remaining Certificate
            Certificate Balance             Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
----------  ------------------------------  ------------------------  ----------

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----------  ------------------------------  ------------------------  ----------

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<PAGE>

                                  EXHIBIT A-17

                           FORM OF CLASS M CERTIFICATE
                     [RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
THEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS M CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

THIS CERTIFICATE SHOULD NOT BE PURCHASED BY A TRANSFEREE THAT IS (A) AN EMPLOYEE
BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT OR A KEOGH PLAN, WHICH IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE") OR A GOVERNMENTAL PLAN, AS DEFINED
IN SECTION 3(32) OF ERISA, OR OTHER PLAN SUBJECT TO ANY FEDERAL, STATE OR LOCAL
LAW ("SIMILAR LAW") WHICH IS TO A MATERIAL EXTENT SIMILAR TO THE FOREGOING
PROVISIONS OF ERISA OR THE CODE (EACH, A "PLAN"), OR (B) A COLLECTIVE INVESTMENT
FUND IN WHICH SUCH PLANS ARE INVESTED, AN INSURANCE COMPANY USING ASSETS OF
SEPARATE ACCOUNTS OR GENERAL ACCOUNTS WHICH INCLUDE ASSETS OF PLANS (OR WHICH
ARE DEEMED PURSUANT TO ERISA OR ANY SIMILAR LAW TO INCLUDE ASSETS OF PLANS) OR
OTHER PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF ANY SUCH
PLAN OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT
UNDER CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60 OR A SUBSTANTIALLY SIMILAR EXEMPTION
UNDER SIMILAR LAW. TRANSFEREES OF THIS CERTIFICATE TAKING DELIVERY IN
CERTIFICATED FORM SHALL BE REQUIRED EITHER (i) TO DELIVER A LETTER IN THE FORM
ATTACHED TO THE POOLING AND SERVICING AGREEMENT TO SUCH EFFECT, OR (ii) IN THE
EVENT THE TRANSFEREE IS SUCH AN ENTITY SPECIFIED IN (A) OR (B) ABOVE, SUCH
ENTITY SHALL PROVIDE ANY OPINIONS OF COUNSEL, OFFICERS' CERTIFICATES OR
AGREEMENTS AS MAY BE REQUIRED BY, AND IN FORM AND SUBSTANCE SATISFACTORY TO, THE
DEPOSITOR, THE BOND ADMINISTRATOR AND THE CERTIFICATE REGISTRAR, TO THE EFFECT
THAT THE PURCHASE AND HOLDING OF THE CERTIFICATES BY OR ON BEHALF OF A PLAN WILL
NOT CONSTITUTE OR RESULT IN A PROHIBITED TRANSACTION WITHIN THE MEANING OF
SECTION 406 OR 407 OF ERISA OR SECTION 4975 OF THE CODE, AND WILL NOT SUBJECT
THE SERVICER, THE SPECIAL SERVICER, THE DEPOSITOR, THE TRUSTEE, THE BOND
ADMINISTRATOR OR THE CERTIFICATE REGISTRAR TO ANY OBLIGATION OR LIABILITY. THE
TRANSFEREE OF A BENEFICIAL INTEREST IN A "GLOBAL CERTIFICATE" THAT IS A
"RESTRICTED CERTIFICATE" (EACH AS DEFINED IN THE POOLING AND SERVICING
AGREEMENT) SHALL BE DEEMED TO REPRESENT THAT IT IS NOT A PLAN OR A PERSON ACTING
ON BEHALF OF ANY PLAN OR USING THE ASSETS OF ANY PLAN TO ACQUIRE SUCH INTEREST,
OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT UNDER
CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60, OR A SUBSTANTIALLY SIMILAR
EXEMPTION UNDER SIMILAR LAW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE CODE.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

-------------
(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS M

Class M Pass-Through Rate:  The lesser of    CUSIP:
4.997% or the Weighted Average Net           [20047B AJ 7](2) [U2021Q AJ 9](1)
Mortgage Pass-Through Rate (as defined
in the Pooling and Servicing Agreement)
                                             ISIN:
                                             [US20047BAJ70](2) [USU2021QAJ95](1)

                                             Common Code: [_______]

Original Aggregate Certificate Balance of    Initial Certificate Balance of
the Class M Certificates:  $4,819,000        this Certificate: [$4,819,000](2)
                                             [$0](1)

First Distribution Date:  April 12, 2004     Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:           No.:  M-1
December 10, 2018

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class M Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G,
Class H, Class J, Class K, Class L, Class N, Class O, Class P, Class R and Class
LR Certificates (together with the Class M Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle National Association, as Bond Administrator. To the extent
not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class M Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class M Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class M
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                   Authorized Officer

                          Certificate of Authentication

            This is one of the Class M Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                     Class M
                                   Schedule A

                                            Remaining Certificate
            Certificate Balance             Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
----------  ------------------------------  ------------------------  ----------

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<PAGE>

                                  EXHIBIT A-18

                           FORM OF CLASS N CERTIFICATE
                     [RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
THEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS N CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

THIS CERTIFICATE SHOULD NOT BE PURCHASED BY A TRANSFEREE THAT IS (A) AN EMPLOYEE
BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT OR A KEOGH PLAN, WHICH IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE") OR A GOVERNMENTAL PLAN, AS DEFINED
IN SECTION 3(32) OF ERISA, OR OTHER PLAN SUBJECT TO ANY FEDERAL, STATE OR LOCAL
LAW ("SIMILAR LAW") WHICH IS TO A MATERIAL EXTENT SIMILAR TO THE FOREGOING
PROVISIONS OF ERISA OR THE CODE (EACH, A "PLAN"), OR (B) A COLLECTIVE INVESTMENT
FUND IN WHICH SUCH PLANS ARE INVESTED, AN INSURANCE COMPANY USING ASSETS OF
SEPARATE ACCOUNTS OR GENERAL ACCOUNTS WHICH INCLUDE ASSETS OF PLANS (OR WHICH
ARE DEEMED PURSUANT TO ERISA OR ANY SIMILAR LAW TO INCLUDE ASSETS OF PLANS) OR
OTHER PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF ANY SUCH
PLAN OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT
UNDER CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60 OR A SUBSTANTIALLY SIMILAR EXEMPTION
UNDER SIMILAR LAW. TRANSFEREES OF THIS CERTIFICATE TAKING DELIVERY IN
CERTIFICATED FORM SHALL BE REQUIRED EITHER (i) TO DELIVER A LETTER IN THE FORM
ATTACHED TO THE POOLING AND SERVICING AGREEMENT TO SUCH EFFECT, OR (ii) IN THE
EVENT THE TRANSFEREE IS SUCH AN ENTITY SPECIFIED IN (A) OR (B) ABOVE, SUCH
ENTITY SHALL PROVIDE ANY OPINIONS OF COUNSEL, OFFICERS' CERTIFICATES OR
AGREEMENTS AS MAY BE REQUIRED BY, AND IN FORM AND SUBSTANCE SATISFACTORY TO, THE
DEPOSITOR, THE BOND ADMINISTRATOR AND THE CERTIFICATE REGISTRAR, TO THE EFFECT
THAT THE PURCHASE AND HOLDING OF THE CERTIFICATES BY OR ON BEHALF OF A PLAN WILL
NOT CONSTITUTE OR RESULT IN A PROHIBITED TRANSACTION WITHIN THE MEANING OF
SECTION 406 OR 407 OF ERISA OR SECTION 4975 OF THE CODE, AND WILL NOT SUBJECT
THE SERVICER, THE SPECIAL SERVICER, THE DEPOSITOR, THE TRUSTEE, THE BOND
ADMINISTRATOR OR THE CERTIFICATE REGISTRAR TO ANY OBLIGATION OR LIABILITY. THE
TRANSFEREE OF A BENEFICIAL INTEREST IN A "GLOBAL CERTIFICATE" THAT IS A
"RESTRICTED CERTIFICATE" (EACH AS DEFINED IN THE POOLING AND SERVICING
AGREEMENT) SHALL BE DEEMED TO REPRESENT THAT IT IS NOT A PLAN OR A PERSON ACTING
ON BEHALF OF ANY PLAN OR USING THE ASSETS OF ANY PLAN TO ACQUIRE SUCH INTEREST,
OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT UNDER
CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60, OR A SUBSTANTIALLY SIMILAR
EXEMPTION UNDER SIMILAR LAW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE CODE.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

-------------
(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS N

Class N Pass-Through Rate:  The lesser of    CUSIP:
4.997% or the Weighted Average Net           [20047B AK 4](2) [U2021Q AK 6](1)
Mortgage Pass-Through Rate (as defined
in the Pooling and Servicing Agreement)
                                             ISIN:
                                             [US20047BAK44](2) [USU2021QAK68](1)

                                             Common Code: [_______]

Original Aggregate Certificate Balance of    Initial Certificate Balance of
the                                          this Certificate: [$2,409,000](2)
Class N Certificates:  $2,409,000            [$0](1)

First Distribution Date:  April 12, 2004     Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:           No.:  N-1
January 10, 2019

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class N Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G,
Class H, Class J, Class K, Class L, Class M, Class O, Class P, Class R and Class
LR Certificates (together with the Class N Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle National Association, as Bond Administrator. To the extent
not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class N Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class N Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class N
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                    Authorized Officer

                          Certificate of Authentication

            This is one of the Class N Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                     Class N
                                   Schedule A

                                            Remaining Certificate
            Certificate Balance             Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
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<PAGE>

                                  EXHIBIT A-19

                           FORM OF CLASS O CERTIFICATE
                     [RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
THEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS O CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

THIS CERTIFICATE SHOULD NOT BE PURCHASED BY A TRANSFEREE THAT IS (A) AN EMPLOYEE
BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT OR A KEOGH PLAN, WHICH IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE") OR A GOVERNMENTAL PLAN, AS DEFINED
IN SECTION 3(32) OF ERISA, OR OTHER PLAN SUBJECT TO ANY FEDERAL, STATE OR LOCAL
LAW ("SIMILAR LAW") WHICH IS TO A MATERIAL EXTENT SIMILAR TO THE FOREGOING
PROVISIONS OF ERISA OR THE CODE (EACH, A "PLAN"), OR (B) A COLLECTIVE INVESTMENT
FUND IN WHICH SUCH PLANS ARE INVESTED, AN INSURANCE COMPANY USING ASSETS OF
SEPARATE ACCOUNTS OR GENERAL ACCOUNTS WHICH INCLUDE ASSETS OF PLANS (OR WHICH
ARE DEEMED PURSUANT TO ERISA OR ANY SIMILAR LAW TO INCLUDE ASSETS OF PLANS) OR
OTHER PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF ANY SUCH
PLAN OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT
UNDER CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60 OR A SUBSTANTIALLY SIMILAR EXEMPTION
UNDER SIMILAR LAW. TRANSFEREES OF THIS CERTIFICATE TAKING DELIVERY IN
CERTIFICATED FORM SHALL BE REQUIRED EITHER (i) TO DELIVER A LETTER IN THE FORM
ATTACHED TO THE POOLING AND SERVICING AGREEMENT TO SUCH EFFECT, OR (ii) IN THE
EVENT THE TRANSFEREE IS SUCH AN ENTITY SPECIFIED IN (A) OR (B) ABOVE, SUCH
ENTITY SHALL PROVIDE ANY OPINIONS OF COUNSEL, OFFICERS' CERTIFICATES OR
AGREEMENTS AS MAY BE REQUIRED BY, AND IN FORM AND SUBSTANCE SATISFACTORY TO, THE
DEPOSITOR, THE BOND ADMINISTRATOR AND THE CERTIFICATE REGISTRAR, TO THE EFFECT
THAT THE PURCHASE AND HOLDING OF THE CERTIFICATES BY OR ON BEHALF OF A PLAN WILL
NOT CONSTITUTE OR RESULT IN A PROHIBITED TRANSACTION WITHIN THE MEANING OF
SECTION 406 OR 407 OF ERISA OR SECTION 4975 OF THE CODE, AND WILL NOT SUBJECT
THE SERVICER, THE SPECIAL SERVICER, THE DEPOSITOR, THE TRUSTEE, THE BOND
ADMINISTRATOR OR THE CERTIFICATE REGISTRAR TO ANY OBLIGATION OR LIABILITY. THE
TRANSFEREE OF A BENEFICIAL INTEREST IN A "GLOBAL CERTIFICATE" THAT IS A
"RESTRICTED CERTIFICATE" (EACH AS DEFINED IN THE POOLING AND SERVICING
AGREEMENT) SHALL BE DEEMED TO REPRESENT THAT IT IS NOT A PLAN OR A PERSON ACTING
ON BEHALF OF ANY PLAN OR USING THE ASSETS OF ANY PLAN TO ACQUIRE SUCH INTEREST,
OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT UNDER
CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60, OR A SUBSTANTIALLY SIMILAR
EXEMPTION UNDER SIMILAR LAW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE CODE.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

-------------
(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS O

Class O Pass-Through Rate: The lesser of
4.997% or the Weighted Average Net Mortgage
Pass-Through Rate (as defined in             CUSIP:
the Pooling and Servicing Agreement)         [20047B AL 2](2) [U2021Q AL 4](1)

                                             ISIN:
                                             [US20047BAL27](2) [USU2021QAL42](1)

Original Aggregate Certificate Balance of    Initial Certificate Balance of
the Class O Certificates:  $1,205,000        this Certificate: [$1,205,000](2)
                                             [$0](1)

First Distribution Date:  April 12, 2004     Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:           No.:  O-1
January 10, 2019

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class O Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G,
Class H, Class J, Class K, Class L, Class M, Class N, Class P, Class R and Class
LR Certificates (together with the Class O Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle National Association, as Bond Administrator. To the extent
not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class O Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class O Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class O
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                   Authorized Officer

                          Certificate of Authentication

            This is one of the Class O Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                     Class O
                                   Schedule A

                                            Remaining Certificate
            Certificate Balance             Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
----------  ------------------------------  ------------------------  ----------

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<PAGE>

                                  EXHIBIT A-20

                           FORM OF CLASS P CERTIFICATE
                     [RULE 144A] [REG S] GLOBAL CERTIFICATE

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE CERTIFICATE
REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN AN OFFSHORE TRANSACTION IN ACCORDANCE
WITH RULE 903 OR RULE 904 OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE
ORGANIZATION OR OPERATION OF THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED) OR AN AFFILIATE OF SUCH A
PERSON, AS DEFINED IN RULE 405 OF THE 1933 ACT, PURCHASING THE CERTIFICATES
BEING SOLD TO IT FOR ITS OWN ACCOUNT AND (B) IN ACCORDANCE WITH ANY OTHER
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

PRINCIPAL PAYMENTS ON THIS CERTIFICATE ARE PAYABLE IN INSTALLMENTS AS SET FORTH
THEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

TRANSFERS AND EXCHANGES OF PORTIONS OF THIS CERTIFICATE ARE SUBJECT TO
RESTRICTIONS AS PROVIDED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
BELOW.

THIS CLASS P CERTIFICATE IS SUBORDINATE TO ONE OR MORE OTHER CLASSES OF
CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.

THIS CERTIFICATE SHOULD NOT BE PURCHASED BY A TRANSFEREE THAT IS (A) AN EMPLOYEE
BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT OR A KEOGH PLAN, WHICH IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE") OR A GOVERNMENTAL PLAN, AS DEFINED
IN SECTION 3(32) OF ERISA, OR OTHER PLAN SUBJECT TO ANY FEDERAL, STATE OR LOCAL
LAW ("SIMILAR LAW") WHICH IS TO A MATERIAL EXTENT SIMILAR TO THE FOREGOING
PROVISIONS OF ERISA OR THE CODE (EACH, A "PLAN"), OR (B) A COLLECTIVE INVESTMENT
FUND IN WHICH SUCH PLANS ARE INVESTED, AN INSURANCE COMPANY USING ASSETS OF
SEPARATE ACCOUNTS OR GENERAL ACCOUNTS WHICH INCLUDE ASSETS OF PLANS (OR WHICH
ARE DEEMED PURSUANT TO ERISA OR ANY SIMILAR LAW TO INCLUDE ASSETS OF PLANS) OR
OTHER PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF ANY SUCH
PLAN OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT
UNDER CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60 OR A SUBSTANTIALLY SIMILAR EXEMPTION
UNDER SIMILAR LAW. TRANSFEREES OF THIS CERTIFICATE TAKING DELIVERY IN
CERTIFICATED FORM SHALL BE REQUIRED EITHER (i) TO DELIVER A LETTER IN THE FORM
ATTACHED TO THE POOLING AND SERVICING AGREEMENT TO SUCH EFFECT, OR (ii) IN THE
EVENT THE TRANSFEREE IS SUCH AN ENTITY SPECIFIED IN (A) OR (B) ABOVE, SUCH
ENTITY SHALL PROVIDE ANY OPINIONS OF COUNSEL, OFFICERS' CERTIFICATES OR
AGREEMENTS AS MAY BE REQUIRED BY, AND IN FORM AND SUBSTANCE SATISFACTORY TO, THE
DEPOSITOR, THE BOND ADMINISTRATOR AND THE CERTIFICATE REGISTRAR, TO THE EFFECT
THAT THE PURCHASE AND HOLDING OF THE CERTIFICATES BY OR ON BEHALF OF A PLAN WILL
NOT CONSTITUTE OR RESULT IN A PROHIBITED TRANSACTION WITHIN THE MEANING OF
SECTION 406 OR 407 OF ERISA OR SECTION 4975 OF THE CODE, AND WILL NOT SUBJECT
THE SERVICER, THE SPECIAL SERVICER, THE DEPOSITOR, THE TRUSTEE, THE BOND
ADMINISTRATOR OR THE CERTIFICATE REGISTRAR TO ANY OBLIGATION OR LIABILITY. THE
TRANSFEREE OF A BENEFICIAL INTEREST IN A "GLOBAL CERTIFICATE" THAT IS A
"RESTRICTED CERTIFICATE" (EACH AS DEFINED IN THE POOLING AND SERVICING
AGREEMENT) SHALL BE DEEMED TO REPRESENT THAT IT IS NOT A PLAN OR A PERSON ACTING
ON BEHALF OF ANY PLAN OR USING THE ASSETS OF ANY PLAN TO ACQUIRE SUCH INTEREST,
OTHER THAN AN INSURANCE COMPANY USING THE ASSETS OF ITS GENERAL ACCOUNT UNDER
CIRCUMSTANCES WHEREBY SUCH PURCHASE AND THE SUBSEQUENT HOLDING OF SUCH
CERTIFICATE BY SUCH INSURANCE COMPANY WOULD BE EXEMPT FROM THE PROHIBITED
TRANSACTION PROVISIONS OF SECTION 406 AND 407 OF ERISA, AND SECTION 4975 OF THE
CODE UNDER SECTIONS I AND III OF PTCE 95-60, OR A SUBSTANTIALLY SIMILAR
EXEMPTION UNDER SIMILAR LAW.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE CODE.

[THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND, PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE OFFERING OF THE
CERTIFICATES, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE
UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.](1)

-------------
(1) For Reg S Global Certificates only.

(2) For Rule 144A Global Certificates only.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS P

Class P Pass-Through Rate: The lesser of
4.997% or the Weighted Average Net
Mortgage Pass-Through Rate (as defined in    CUSIP:
the Pooling and Servicing Agreement)         [20047B AM 0](2) [U2021Q AM 2](1)

                                             ISIN:
                                             [US20047BAM00](2) [USU2021QAM25](1)

Original Aggregate Certificate Balance of    Initial Certificate Balance of
the Class P Certificates:  $13,251,934       this Certificate: [$13,251,934](2)
                                             [$0](1)

First Distribution Date:  April 12, 2004     Cut-off Date:  March 1, 2004

Scheduled Final Distribution Date:           No.:  P-1
April 10, 2028

            This certifies that Cede & Co. is the registered owner of a
beneficial ownership interest in a Trust Fund, including the distributions to be
made with respect to the Class P Certificates. The Trust Fund, described more
fully below, consists primarily of a pool of Mortgage Loans secured by first
liens on commercial, multifamily and mobile home park properties and held in
trust by the Trustee and serviced by the Servicer. The Trust Fund was created,
and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing
Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the
Pooling and Servicing Agreement and is bound thereby. Also issued under the
Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class
A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F, Class G,
Class H, Class J, Class K, Class L, Class M, Class N, Class O, Class R and Class
LR Certificates (together with the Class P Certificates, the "Certificates"; the
Holders of Certificates issued under the Pooling and Servicing Agreement are
collectively referred to herein as "Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle National Association, as Bond Administrator. To the extent
not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            Pursuant to the terms of the Pooling and Servicing Agreement, the
Bond Administrator, or the Paying Agent on behalf of the Bond Administrator,
will distribute (other than the final distribution on any Certificate), on the
tenth day of each month, or if such day is not a Business Day, the Business Day
immediately following such day, commencing in April 2004 (each such date, a
"Distribution Date") an amount equal to such Person's pro rata share (based on
the Percentage Interest represented by this Certificate) of that portion of the
aggregate amount of principal and interest then distributable, if any, allocable
to the Class P Certificates for such Distribution Date, all as more fully
described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to Prepayment Premiums, as provided in the Pooling and Servicing
Agreement.

            During each Interest Accrual Period (as defined below), interest on
the Class P Certificates will be calculated based on a 360-day year consisting
of twelve 30-day months on the outstanding Certificate Balance hereof.

            Interest accrued on this Certificate during an Interest Accrual
Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the
extent provided in the Pooling and Servicing Agreement. The "Interest Accrual
Period" means, with respect to any Distribution Date, the calendar month
immediately preceding the month in which such Distribution Date occurs. Each
Interest Accrual Period other than the Interest Accrual Period with respect to
the Distribution Date occurring on April 12, 2004 is assumed to consist of 30
days.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the calendar month in which
such Distribution Date occurs or, if such day is not a Business Day, the
preceding Business Day; provided, however, that with respect to the Distribution
Date occurring in April 2004, the Record Date will be the Closing Date, except
as specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class P
Certificate to be duly executed.

Dated:  March 17, 2004

                                      LASALLE BANK NATIONAL ASSOCIATION, not in
                                      its individual capacity but solely as Bond
                                      Administrator

                                       By:______________________________________
                                                    Authorized Officer

                          Certificate of Authentication

            This is one of the Class P Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                    Authorized Officer

<PAGE>

                                     Class P
                                   Schedule A

                                            Remaining Certificate
            Certificate Balance             Balance of this           Notation
Date        Exchanged or Transferred        Certificate               Made By
----------  ------------------------------  ------------------------  ----------

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<PAGE>

                                  EXHIBIT A-21

                           FORM OF CLASS R CERTIFICATE

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "RESIDUAL INTEREST"
IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G(a)(2) AND 860D OF THE CODE. A TRANSFEREE OF THIS
CERTIFICATE, BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE ACCEPTED THIS CERTIFICATE
SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFERABILITY, AS SET FORTH IN SECTION
5.02(l) OF THE POOLING AND SERVICING AGREEMENT, AND SHALL BE REQUIRED TO FURNISH
AN AFFIDAVIT TO THE TRANSFEROR AND THE BOND ADMINISTRATOR TO THE EFFECT THAT,
AMONG OTHER THINGS, (A) IT IS NOT A DISQUALIFIED ORGANIZATION, AS SUCH TERM IS
DEFINED IN CODE SECTION 860E(e)(5), OR AN AGENT (INCLUDING A BROKER, NOMINEE OR
OTHER MIDDLEMAN) FOR SUCH DISQUALIFIED ORGANIZATION AND IS OTHERWISE A PERMITTED
TRANSFEREE, (B) IT WILL NOT CAUSE INCOME WITH RESPECT TO THIS CERTIFICATE TO BE
ATTRIBUTABLE TO A FOREIGN PERMANENT ESTABLISHMENT OR FIXED BASE, WITHIN THE
MEANING OF AN APPLICABLE INCOME TAX TREATY, OF SUCH PERSON OR ANY OTHER U.S.
PERSON, (C) IT HAS HISTORICALLY PAID ITS DEBTS AS THEY HAVE COME DUE AND INTENDS
TO CONTINUE TO PAY ITS DEBTS AS THEY COME DUE IN THE FUTURE, AND (D) IT INTENDS
TO PAY ANY TAXES ASSOCIATED WITH HOLDING THIS CERTIFICATE AS THEY BECOME DUE.
ANY PURPORTED TRANSFER TO A DISQUALIFIED ORGANIZATION OR OTHER PERSON THAT IS
NOT A PERMITTED TRANSFEREE OR OTHERWISE IN VIOLATION OF THESE RESTRICTIONS SHALL
BE ABSOLUTELY NULL AND VOID AND SHALL VEST NO RIGHTS IN ANY PURPORTED
TRANSFEREE. IF THIS CERTIFICATE REPRESENTS A "NON-ECONOMIC RESIDUAL INTEREST",
AS DEFINED IN TREASURY REGULATIONS SECTION 1.860E-1(c), TRANSFERS OF THIS
CERTIFICATE MAY BE DISREGARDED FOR FEDERAL INCOME TAX PURPOSES. IN ORDER TO
SATISFY A REGULATORY SAFE HARBOR UNDER WHICH SUCH TRANSFERS WILL NOT BE
DISREGARDED, THE TRANSFEROR MAY BE REQUIRED, AMONG OTHER THINGS, TO SATISFY
ITSELF AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE AND EITHER TO
PAY A SPECIFIED AMOUNT TO THE PROPOSED TRANSFEREE OR TRANSFER TO AN ELIGIBLE
TRANSFEREE AS PROVIDED IN REGULATIONS.

THE HOLDER OF THIS CERTIFICATE, BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE AGREED
TO CONSENT TO ACT AS "TAX MATTERS PERSON" OF THE UPPER-TIER REMIC AND TO THE
APPOINTMENT OF THE BOND ADMINISTRATOR AS ATTORNEY-IN-FACT AND AGENT FOR THE TAX
MATTERS PERSON OR AS OTHERWISE PROVIDED IN THE POOLING AND SERVICING AGREEMENT
TO PERFORM THE FUNCTIONS OF A "TAX MATTERS PARTNER" FOR PURPOSES OF SUBCHAPTER C
OF CHAPTER 63 OF SUBTITLE F OF THE CODE.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN THE CASE OF THE PRIVATE REGULAR
CERTIFICATES, IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH RULE 903 OR RULE 904
OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE ORGANIZATION OR OPERATION OF
THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER THE INVESTMENT COMPANY ACT OF
1940, AS AMENDED) OR AN AFFILIATE OF SUCH A PERSON, AS DEFINED IN RULE 405 OF
THE 1933 ACT, PURCHASING THE CERTIFICATES BEING SOLD TO IT FOR ITS OWN ACCOUNT
AND (B) IN ACCORDANCE WITH ANY OTHER APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES.

THIS CERTIFICATE SHOULD NOT BE PURCHASED BY A TRANSFEREE THAT IS (A) AN EMPLOYEE
BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT OR A KEOGH PLAN, WHICH IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), SECTION 4975 OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED (THE "CODE") OR A GOVERNMENTAL PLAN, AS DEFINED IN
SECTION 3(32) OF ERISA, OR OTHER PLAN SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW
("SIMILAR LAW") WHICH IS TO A MATERIAL EXTENT SIMILAR TO THE FOREGOING
PROVISIONS OF ERISA OR THE CODE (EACH, A "PLAN"), OR (B) A COLLECTIVE INVESTMENT
FUND IN WHICH SUCH PLANS ARE INVESTED, AN INSURANCE COMPANY USING ASSETS OF
SEPARATE ACCOUNTS OR GENERAL ACCOUNTS WHICH INCLUDE ASSETS OF PLANS (OR WHICH
ARE DEEMED PURSUANT TO ERISA OR ANY SIMILAR LAW TO INCLUDE ASSETS OF PLANS) OR
OTHER PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF ANY SUCH
PLAN. TRANSFEREES OF THIS CERTIFICATE TAKING DELIVERY IN CERTIFICATED FORM SHALL
BE REQUIRED TO DELIVER A LETTER IN THE FORM ATTACHED TO THE POOLING AND
SERVICING AGREEMENT TO SUCH EFFECT.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS R

No.:    R-1                                           Percentage Interest:  100%

            This certifies that [__________] is the registered owner of the
Percentage Interest evidenced by this Certificate in the Trust Fund. The Class R
Certificateholder is not entitled to interest or principal distributions. The
Class R Certificateholder will be entitled to receive the proceeds of the
remaining assets of the Upper-Tier REMIC, if any, on the Final Scheduled
Distribution Date for the Certificates, after distributions in respect of any
accrued but unpaid interest on the Certificates and after distributions in
reduction of principal balance have reduced the principal balances of the
Certificates to zero. It is not anticipated that there will be any assets
remaining in the Upper-Tier REMIC or Trust Fund on the Final Scheduled
Distribution Date following the distributions on the Regular Certificates. The
Trust Fund, described more fully below, consists primarily of a pool of Mortgage
Loans secured by first liens and a second lien on commercial properties and held
in trust by the Trustee and serviced by the Servicer. The Trust Fund was
created, and the Mortgage Loans are to be serviced, pursuant to the Pooling and
Servicing Agreement (as defined below). The Holder of this Certificate, by
virtue of the acceptance hereof, assents to the terms, provisions and conditions
of the Pooling and Servicing Agreement and is bound thereby. Also issued under
the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3,
Class A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F,
Class G, Class H, Class J, Class K, Class L, Class M, Class N, Class O, Class P
and Class LR Certificates (together with the Class R Certificates, the
"Certificates"; the Holders of Certificates issued under the Pooling and
Servicing Agreement are collectively referred to herein as
"Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator, among
other parties. To the extent not defined herein, capitalized terms used herein
shall have the meanings assigned thereto in the Pooling and Servicing Agreement.

            This Certificate represents a "residual interest" in a "real estate
mortgage investment conduit," as those terms are defined, respectively, in
Sections 860G(a)(2) and 860D of the Code.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the month in which the related
Distribution Date occurs or, if such day is not a Business Day, the preceding
Business Day provided, however, that with respect to the Distribution Date
occurring in April 2004, the Record Date will be the Closing Date, except as
specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to cause the provisions herein to
conform or be consistent with or in furtherance of the statements made in the
Prospectus or the Private Placement Memorandum with respect to the Certificates,
the Trust or the Pooling and Servicing Agreement or to correct or supplement any
provisions herein or therein which may be defective or inconsistent with any
other provisions herein or therein; (iii) to amend any provision of the Pooling
and Servicing Agreement to the extent necessary or desirable to maintain the
rating or ratings assigned to each of the Classes of Certificates or any class
of Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on Mortgage Loans which are required to be
                  distributed on any Certificate without the consent of the
                  related Companion Holder or Holders of Certificates
                  representing all Percentage Interests of the Class or Classes
                  affected thereby;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard or obligations of the Servicer or
                  the Trustee to make a P&I Advance or a Property Advance
                  without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, and if the Servicer does not exercise its option, the Special
Servicer, may effect an early termination of the Trust Fund, upon not less than
30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            In addition, the Pooling and Servicing Agreement provides that
following the date on which the aggregate Certificate Balance of the Class A-1,
Class A-2, Class A-3, Class A-4, Class A-1A, Class B, Class C, Class D and Class
E Certificates is reduced to zero, the Certificateholder holding the Class X-1,
Class X-2, Class F, Class G, Class H, Class K, Class L, Class M, Class N, Class
O and Class P Certificates shall have the right to exchange all of its
Certificates (other than the Class R and Class LR Certificates) for all of the
Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated
by clause (ii) of Section 9.01(a) of the Pooling and Servicing Agreement by
giving written notice to all the parties hereto no later than 60 days prior to
the anticipated date of exchange.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; (ii) the exchange by the Sole Certificateholder
of its Certificates for the Mortgage Loans in accordance with Section 9.01(g) of
the Pooling and Servicing Agreement; and (iii) the later of (a) the receipt or
collection of the last payment due on any Mortgage Loan included in the Trust
Fund, or (b) the liquidation and disposition pursuant to the Pooling and
Servicing Agreement of the last asset held by the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late Ambassador of the United
States to the United Kingdom, living on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class R
Certificate to be duly executed.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION
                                       not in its individual capacity but solely
                                       as Bond Administrator

                                       By:______________________________________
                                                   Authorized Officer

                          Certificate of Authentication

            This is one of the Class R Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                   Authorized Officer

<PAGE>

                                  EXHIBIT A-22

                          FORM OF CLASS LR CERTIFICATE

THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN THE
DEPOSITOR, THE ORIGINATOR, THE SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE
BOND ADMINISTRATOR OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE
CERTIFICATES NOR THE UNDERLYING MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY
GOVERNMENTAL AGENCY OR INSTRUMENTALITY.

FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS BENEFICIAL
OWNERSHIP OF A "RESIDUAL INTEREST" IN TWO "REAL ESTATE MORTGAGE INVESTMENT
CONDUITS" AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(2) AND
860D OF THE CODE. A TRANSFEREE OF THIS CERTIFICATE, BY ACCEPTANCE HEREOF, IS
DEEMED TO HAVE ACCEPTED THIS CERTIFICATE SUBJECT TO CERTAIN RESTRICTIONS ON
TRANSFERABILITY, AS SET FORTH IN SECTION 5.02(l) OF THE POOLING AND SERVICING
AGREEMENT, AND SHALL BE REQUIRED TO FURNISH AN AFFIDAVIT TO THE TRANSFEROR AND
THE BOND ADMINISTRATOR TO THE EFFECT THAT, AMONG OTHER THINGS, (A) IT IS NOT A
DISQUALIFIED ORGANIZATION, AS SUCH TERM IS DEFINED IN CODE SECTION 860E(e)(5),
OR AN AGENT (INCLUDING A BROKER, NOMINEE OR OTHER MIDDLEMAN) FOR SUCH
DISQUALIFIED ORGANIZATION AND IS OTHERWISE A PERMITTED TRANSFEREE, (B) IT WILL
NOT CAUSE INCOME WITH RESPECT TO THIS CERTIFICATE TO BE ATTRIBUTABLE TO A
FOREIGN PERMANENT ESTABLISHMENT OR FIXED BASE, WITHIN THE MEANING OF AN
APPLICABLE INCOME TAX TREATY, OF SUCH PERSON OR ANY OTHER U.S. PERSON, (C) IT
HAS HISTORICALLY PAID ITS DEBTS AS THEY HAVE COME DUE AND INTENDS TO CONTINUE TO
PAY ITS DEBTS AS THEY COME DUE IN THE FUTURE, AND (D) IT INTENDS TO PAY ANY
TAXES ASSOCIATED WITH HOLDING THIS CERTIFICATE AS THEY BECOME DUE. ANY PURPORTED
TRANSFER TO A DISQUALIFIED ORGANIZATION OR OTHER PERSON THAT IS NOT A PERMITTED
TRANSFEREE OR OTHERWISE IN VIOLATION OF THESE RESTRICTIONS SHALL BE ABSOLUTELY
NULL AND VOID AND SHALL VEST NO RIGHTS IN ANY PURPORTED TRANSFEREE. IF THIS
CERTIFICATE REPRESENTS A "NON-ECONOMIC RESIDUAL INTEREST", AS DEFINED IN
TREASURY REGULATIONS SECTION 1.860E-1(c), TRANSFERS OF THIS CERTIFICATE MAY BE
DISREGARDED FOR FEDERAL INCOME TAX PURPOSES. IN ORDER TO SATISFY A REGULATORY
SAFE HARBOR UNDER WHICH SUCH TRANSFERS WILL NOT BE DISREGARDED, THE TRANSFEROR
MAY BE REQUIRED, AMONG OTHER THINGS, TO SATISFY ITSELF AS TO THE FINANCIAL
CONDITION OF THE PROPOSED TRANSFEREE AND EITHER TO PAY A SPECIFIED AMOUNT TO THE
PROPOSED TRANSFEREE OR TRANSFER TO AN ELIGIBLE TRANSFEREE AS PROVIDED IN
REGULATIONS.

THE HOLDER OF THIS CERTIFICATE, BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE AGREED
TO CONSENT TO ACT AS "TAX MATTERS PERSON" OF THE LOWER-TIER REMIC AND THE LOAN
REMIC AND THE LOAN REMICS AND TO THE APPOINTMENT OF THE BOND ADMINISTRATOR AS
ATTORNEY-IN-FACT AND AGENT FOR THE TAX MATTERS PERSON OR AS OTHERWISE PROVIDED
IN THE POOLING AND SERVICING AGREEMENT TO PERFORM THE FUNCTIONS OF A "TAX
MATTERS PARTNER" FOR PURPOSES OF SUBCHAPTER C OF CHAPTER 63 OF SUBTITLE F OF THE
CODE.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
IN COMPLIANCE WITH THE 1933 ACT AND OTHER APPLICABLE LAWS AND ONLY (A)(1)
PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE
1933 ACT, (2) FOR SO LONG AS THIS CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE 1933 ACT ("RULE 144A") TO AN INSTITUTIONAL INVESTOR THAT THE
HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER, WITHIN THE
MEANING OF RULE 144A ("QIB") PURCHASING FOR ITS OWN ACCOUNT OR A PERSON
PURCHASING FOR THE ACCOUNT OF ANOTHER QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE, THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (3) IN CERTIFICATED FORM TO AN INSTITUTIONAL "ACCREDITED
INVESTOR" AS SUCH TERM IS DEFINED IN RULE 501 (a)(1), (2), (3) OR (7) OF
REGULATION D UNDER THE 1933 ACT, (4) IN THE CASE OF THE PRIVATE REGULAR
CERTIFICATES, IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH RULE 903 OR RULE 904
OF REGULATION S OR (5) TO A PERSON INVOLVED IN THE ORGANIZATION OR OPERATION OF
THE ISSUER (WITHIN THE MEANING OF RULE 3a-7 UNDER THE INVESTMENT COMPANY ACT OF
1940, AS AMENDED) OR AN AFFILIATE OF SUCH A PERSON, AS DEFINED IN RULE 405 OF
THE 1933 ACT, PURCHASING THE CERTIFICATES BEING SOLD TO IT FOR ITS OWN ACCOUNT
AND (B) IN ACCORDANCE WITH ANY OTHER APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES.

THIS CERTIFICATE SHOULD NOT BE PURCHASED BY A TRANSFEREE THAT IS (A) AN EMPLOYEE
BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT OR A KEOGH PLAN, WHICH IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), SECTION 4975 OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED (THE "CODE") OR A GOVERNMENTAL PLAN, AS DEFINED IN
SECTION 3(32) OF ERISA, OR OTHER PLAN SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW
("SIMILAR LAW") WHICH IS TO A MATERIAL EXTENT SIMILAR TO THE FOREGOING
PROVISIONS OF ERISA OR THE CODE (EACH, A "PLAN"), OR (B) A COLLECTIVE INVESTMENT
FUND IN WHICH SUCH PLANS ARE INVESTED, AN INSURANCE COMPANY USING ASSETS OF
SEPARATE ACCOUNTS OR GENERAL ACCOUNTS WHICH INCLUDE ASSETS OF PLANS (OR WHICH
ARE DEEMED PURSUANT TO ERISA OR ANY SIMILAR LAW TO INCLUDE ASSETS OF PLANS) OR
OTHER PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF ANY SUCH
PLAN. TRANSFEREES OF THIS CERTIFICATE TAKING DELIVERY IN CERTIFICATED FORM SHALL
BE REQUIRED TO DELIVER A LETTER IN THE FORM ATTACHED TO THE POOLING AND
SERVICING AGREEMENT TO SUCH EFFECT.

ANY HOLDER DESIRING TO EFFECT A TRANSFER OF THIS CERTIFICATE SHALL, AND DOES
HEREBY AGREE TO, INDEMNIFY THE CERTIFICATE REGISTRAR, THE TRUSTEE, THE BOND
ADMINISTRATOR, THE SERVICER AND THE DEPOSITOR AGAINST ANY LIABILITY THAT MAY
RESULT IF THE TRANSFER IS NOT EXEMPT FROM THE 1933 ACT OR IS NOT MADE IN
ACCORDANCE WITH FEDERAL AND STATE LAWS.

<PAGE>

                       COMM 2004-LNB2 COMMERCIAL MORTGAGE
                       PASS-THROUGH CERTIFICATES, CLASS LR

No.:     LR-1                                         Percentage Interest:  100%

            This certifies that [__________] is the registered owner of the
Percentage Interest evidenced by this Certificate in the Trust Fund. The Class
LR Certificateholder is not entitled to interest or principal distributions. The
Trust Fund, described more fully below, consists primarily of a pool of Mortgage
Loans secured by first liens and a second lien on commercial properties and held
in trust by the Trustee and serviced by the Servicer. The Trust Fund was
created, and the Mortgage Loans are to be serviced, pursuant to the Pooling and
Servicing Agreement (as defined below). The Holder of this Certificate, by
virtue of the acceptance hereof, assents to the terms, provisions and conditions
of the Pooling and Servicing Agreement and is bound thereby. Also issued under
the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3,
Class A-4, Class X-1, Class X-2, Class B, Class C, Class D, Class E, Class F,
Class G, Class H, Class J, Class K, Class L, Class M, Class N, Class O, Class P
and Class R Certificates (together with the Class LR Certificates, the
"Certificates"; the Holders of Certificates issued under the Pooling and
Servicing Agreement are collectively referred to herein as
"Certificateholders").

            This Certificate is issued pursuant to, and in accordance with, the
terms of a Pooling and Servicing Agreement dated as of March 1, 2004 (the
"Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator, among
other parties. To the extent not defined herein, capitalized terms used herein
shall have the meanings assigned thereto in the Pooling and Servicing Agreement.

            This Certificate represents a "residual interest" in three "real
estate mortgage investment conduits," as those terms are defined, respectively,
in Sections 860G(a)(2) and 860D of the Code.

            Neither the Trustee nor the Bond Administrator makes any
representation or warranty as to any of the statements contained herein or the
validity or sufficiency of the Certificates or the Mortgage Loans and the Bond
Administrator has executed this Certificate in its limited capacity as Bond
Administrator under the Pooling and Servicing Agreement.

            All distributions (other than the final distribution on any
Certificate) will be made by the Paying Agent to the persons in whose names the
Certificates are registered at the close of business on each Record Date, which
will be the close of business on the last day of the month in which the related
Distribution Date occurs or, if such day is not a Business Day, the preceding
Business Day; provided, however, that with respect to the Distribution Date
occurring in April 2004, the Record Date will be the Closing Date, except as
specified in the Pooling and Servicing Agreement. Such distributions shall be
made on each Distribution Date other than the Termination Date to each
Certificateholder of record on the related Record Date by check mailed by first
class mail to the address set forth therefor in the Certificate Register or,
provided that such Certificateholder shall have provided the Paying Agent with
wire instructions in writing at least five Business Days prior to the related
Record Date, by wire transfer of immediately available funds to the account of
such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities therefor. The final distribution on each
Certificate shall be made in like manner, but only upon presentment and
surrender of such Certificate at the office of the Bond Administrator or its
agent (which may be the Paying Agent or the Certificate Registrar acting as such
agent) specified in the notice to Certificateholders of such final distribution.

            Any funds not distributed on the Termination Date because of the
failure of any Certificateholders to tender their Certificates shall be set
aside and held in trust for the account of the appropriate non-tendering
Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant
to Section 9.01 of the Pooling and Servicing Agreement shall not have been
surrendered for cancellation within six months after the time specified in such
notice, the Bond Administrator shall mail a second notice to the remaining
Certificateholders, at their last addresses shown in the Certificate Register,
to surrender their Certificates for cancellation in order to receive, from such
funds held, the final distribution with respect thereto. If within one year
after the second notice any Certificate shall not have been surrendered for
cancellation, the Bond Administrator may, directly or through an agent, take
appropriate steps to contact the remaining Certificateholders concerning
surrender of their Certificates. The costs and expenses of maintaining such
funds and of contacting such Certificateholders shall be paid out of the assets
which remain held. If within two years after the second notice any Certificates
shall not have been surrendered for cancellation, the Paying Agent shall pay to
the Bond Administrator all amounts distributable to the Holders thereof, and the
Bond Administrator shall thereafter hold such amounts for the benefit of such
Holders until the earlier of (i) its termination as Bond Administrator under the
Pooling and Servicing Agreement and the transfer of such amounts to a successor
bond administrator and (ii) the termination of the Trust Fund and distribution
of such amounts to the Residual Certificateholders. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such
Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.
Such funds held by the Bond Administrator may be invested under certain
circumstances, and subject to certain conditions as specified in the Pooling and
Servicing Agreement.

            This Certificate is limited in right of payment to, among other
things, certain collections and recoveries in respect of the Mortgage Loans, as
more specifically set forth herein and in the Pooling and Servicing Agreement.

            As provided in the Pooling and Servicing Agreement, the Trust Fund
includes (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii)
all scheduled or unscheduled payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date; (iii) any REO Property (to the extent
of the Trust Fund's interest therein); (iv) all revenues received in respect of
any REO Property (to the extent of the Trust Fund's interest therein); (v) the
Servicer's, the Special Servicer's and the Trustee's rights under the insurance
policies with respect to the Mortgage Loans required to be maintained pursuant
to the Pooling and Servicing Agreement and any proceeds thereof (to the extent
of the Trust Fund's interest therein); (vi) any Assignments of Leases, Rents and
Profits and any security agreements (to the extent of the Trust Fund's interest
therein); (vii) any indemnities or guaranties given as additional security for
any Mortgage Loans (to the extent of the Trust Fund's interest therein); (viii)
all assets deposited in the Lock-Box Accounts, Cash Collateral Accounts, Escrow
Accounts and Reserve Accounts (to the extent such assets in such accounts are
not assets of the respective Borrowers), amounts on deposit in the Collection
Account attributable to the Mortgage Loans and the Loan REMIC Interests as
identified on the Trust Ledger, the Serviced Whole Loan Collection Account (to
the extent of the Trust Fund's interest therein), the Distribution Account, any
Excess Liquidation Proceeds Account (to the extent of the Trust Fund's interest
therein), the Interest Reserve Account and any REO Account (to the extent of the
Trust Fund's interest therein), including any reinvestment income as applicable;
(ix) any environmental indemnity agreements relating to the Mortgaged
Properties; (x) all insurance policies with respect to the Mortgage Loans and
the Mortgaged Properties (to the extent of the Trust Fund's interest therein);
(xi) the rights and remedies under the Mortgage Loan Purchase Agreements
relating to document delivery requirements with respect to the Mortgage Loans
and the representations and warranties of the related Mortgage Loan Seller
regarding its Mortgage Loans; (xii) the Loan REMIC Regular Interest and Loan
REMIC Residual Interest; and (xiii) the proceeds of the foregoing (other than
any interest earned on deposits in the Lock-Box Accounts, Cash Collateral
Accounts, Escrow Accounts and any Reserve Accounts, to the extent such interest
belongs to the related Borrower). As provided in the Pooling and Servicing
Agreement, withdrawals may be made from certain of the above-accounts for
purposes other than distributions to Certificateholders.

            This Certificate does not purport to summarize the Pooling and
Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced
hereby, and the limitations thereon, and the rights, duties and immunities of
the Trustee and the Bond Administrator.

            As provided in the Pooling and Servicing Agreement and subject to
certain limitations set forth therein, this Certificate is transferable or
exchangeable only upon surrender of this Certificate to the Certificate
Registrar at its offices together with an assignment and transfer (executed by
the Holder or his duly authorized attorney), subject to the requirements in
Article V of the Pooling and Servicing Agreement. Upon surrender for
registration of transfer of this Certificate, subject to the requirements of
Article V of the Pooling and Servicing Agreement, the Bond Administrator shall
execute and the Authenticating Agent shall duly authenticate in the name of the
designated transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate Certificate Balance. Such Certificates shall
be delivered by the Certificate Registrar in accordance with Section 5.02(e) of
the Pooling and Servicing Agreement.

            Prior to due presentation of this Certificate for registration of
transfer, the Depositor, the Servicer, the Special Servicer, the Trustee, the
Bond Administrator, the Certificate Registrar, any Paying Agent and any agent of
any of them may treat the Person in whose name this Certificate is registered as
the owner hereof for all purposes, and none of the Depositor, the Servicer, the
Special Servicer, the Trustee, the Bond Administrator, the Certificate
Registrar, any Paying Agent or any agent of any of them shall be affected by
notice or knowledge to the contrary.

            No fee or service charge shall be imposed by the Certificate
Registrar for its services in respect of any registration of transfer or
exchange referred to in Section 5.02 of the Pooling and Servicing Agreement
other than for transfers to Institutional Accredited Investors as provided in
Section 5.02(h) of that Agreement. In connection with any transfer to an
Institutional Accredited Investor, the transferor shall reimburse the Trust Fund
for any costs (including the cost of the Certificate Registrar's counsel's
review of the documents and any legal opinions, submitted by the transferor or
transferee to the Certificate Registrar as provided in the Pooling and Servicing
Agreement) incurred by the Certificate Registrar in connection with such
transfer. The Certificate Registrar may require payment by each transferor of a
sum sufficient to cover any tax, expense or other governmental charge payable in
connection with any such transfer.

            The Pooling and Servicing Agreement or any Custodial Agreement may
be amended at any time by the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, without the consent of any of the
Certificateholders or the Serviced Companion Loan Noteholders, (i) to cure any
ambiguity or to correct any error; (ii) to correct or supplement any provisions
herein or therein which may be defective or inconsistent with any other
provisions in such agreements, (iii) to amend any provision of the Pooling and
Servicing Agreement to the extent necessary or desirable to maintain the rating
or ratings assigned to each of the Classes of Certificates or any class of
Serviced Companion Loan Securities by each Rating Agency (provided such
amendment does not adversely affect in any material respect the interests of any
Certificateholder or Serviced Companion Loan Noteholder not consenting thereto);
and (iv) to amend or supplement a provision, or to supplement any other
provisions to the extent not inconsistent with the provisions of the Pooling and
Servicing Agreement, or any other change which will not adversely affect in any
material respect the interests of any Certificateholder or Serviced Companion
Loan Noteholder not consenting thereto, as evidenced in writing by an Opinion of
Counsel or, if solely affecting any Certificateholder or Serviced Companion Loan
Noteholder, confirmation in writing from each Rating Agency then rating any
Certificates or Serviced Companion Loan Securities that such amendment will not
result in a qualification, withdrawal or downgrading of the then-current ratings
assigned to the Certificates or any Serviced Companion Loan Securities, as
applicable. In no event shall any such amendment cause any of the Loan REMIC,
the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC.

            The Pooling and Servicing Agreement or any Custodial Agreement may
also be amended from time to time by the Depositor, the Servicer, the Special
Servicer, the Trustee and the Bond Administrator with the consent of the Holders
of Certificates representing not less than 66-2/3% of the Percentage Interests
of each Class of Certificates affected thereby for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or modifying in any manner the rights of the
Certificateholders or the Serviced Companion Loan Noteholders; provided,
however, that no such amendment may:

            (i)   reduce in any manner the amount of, or delay the timing of,
                  payments received on the Mortgage Loans which are required to
                  be distributed on any Certificate, without the consent of the
                  Holders of Certificates representing all of the Percentage
                  Interests of the Class or Classes affected thereby, or which
                  are required to be distributed to any Serviced Companion Loan
                  Noteholders without the consent of such Serviced Companion
                  Loan Noteholders;

            (ii)  change the percentages of Voting Rights of Holders of
                  Certificates which are required to consent to any action or
                  inaction under the Pooling and Servicing Agreement;

            (iii) alter the Servicing Standard set forth in the Pooling and
                  Servicing Agreement or the obligations of the Servicer or the
                  Trustee to make a P&I Advance or the Servicer, the Special
                  Servicer or the Trustee to make a Property Advance, in each
                  case, without the consent of the Holders of Certificates
                  representing all of the Percentage Interests of the Class or
                  Classes affected thereby; or

            (iv)  amend any section of the Pooling and Servicing Agreement which
                  relates to the amendment of the Pooling and Servicing
                  Agreement without the consent of the Holders of all
                  Certificates representing all of the Percentage Interests of
                  the Class or Classes affected thereby and consent of any
                  affected Serviced Companion Loan Noteholders.

            Further, the Depositor, the Servicer, the Special Servicer, the
Trustee and the Bond Administrator, at any time and from time to time, without
the consent of the Certificateholders or, if applicable, the Serviced Companion
Loan Noteholders, may amend the Pooling and Servicing Agreement to modify,
eliminate or add to any of its provisions to such extent as shall be necessary
to maintain the qualification of the Loan REMIC, the Lower-Tier REMIC or the
Upper-Tier REMIC as a REMIC or the qualification of the Grantor Trust as a
Grantor Trust, or to prevent the imposition of any additional material state or
local taxes, at all times that any Certificates are outstanding; provided, that
such action, as evidenced by an Opinion of Counsel (obtained at the expense of
the Trust Fund), is necessary or helpful to maintain such qualification or to
prevent the imposition of any such taxes, and would not adversely affect in any
material respect the interest of any Certificateholder or, if applicable, any
Serviced Companion Loan Noteholder.

            Any Holder of the Controlling Class representing greater than a 50%
Percentage Interest in such Class and, if no such Holder exercises such option,
the Servicer, may effect an early termination of the Trust Fund, upon not less
than 30 days' prior Notice of Termination given to the Trustee, the Bond
Administrator and the Servicer any time on or after the Early Termination Notice
Date (defined as any date as of which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1.0% of the aggregate Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date) specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the
Mortgage Loans then included in the Trust Fund, and all property acquired in
respect of any Mortgage Loan, at a purchase price, payable in cash, equal to not
less than the greater of:

            (i) the sum of

                  (A)   100% of the unpaid principal balance of each Mortgage
                        Loan included in the Trust Fund as of the last day of
                        the month preceding such Anticipated Termination Date
                        (less any P&I Advances previously made on account of
                        principal);

                  (B)   the fair market value of all other property included in
                        the Trust Fund as of the last day of the month preceding
                        such Anticipated Termination Date, as determined by an
                        Independent appraiser acceptable to the Servicer as of a
                        date not more than 30 days prior to the last day of the
                        month preceding such Distribution Date;

                  (C)   all unpaid interest accrued on the unpaid balance of
                        each Mortgage Loan (including any Mortgage Loan as to
                        which title to the related Mortgaged Property has been
                        acquired) at the Mortgage Rate to the last day of the
                        month preceding such Anticipated Termination Date (less
                        any P&I Advances previously made on account of
                        interest); and

                  (D)   the aggregate amount of unreimbursed Advances, with
                        interest thereon at the Advance Rate, and unpaid
                        Servicing Compensation, Special Servicing Compensation,
                        Trustee Fees and Trust Fund expenses; and

            (ii)  the aggregate fair market value of the Mortgage Loans, and all
                  other property acquired in respect of any Mortgage Loan in the
                  Trust Fund, on the last day of the month preceding such
                  Anticipated Termination Date, as determined by an Independent
                  appraiser acceptable to the Servicer as of a date not more
                  than 30 days prior to the last day of the month preceding such
                  Distribution Date, together with one month's interest thereon
                  at the Mortgage Rate.

Any portion of such purchase price attributable to a Mortgage Loan included in
the Loan REMIC shall be distributed in respect of the related Loan REMIC Regular
Interest and to the Holders of the Class LR Certificates in respect of the Loan
REMIC Residual Interest in complete liquidation of the Loan REMIC.

            All costs and expenses incurred by any and all parties to the
Pooling and Servicing Agreement or by the Trust Fund in connection with the
purchase of the Mortgage Loans and the other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the
party exercising its purchase rights thereunder. The Trustee and the Bond
Administrator shall be entitled to rely conclusively on any determination made
by an Independent appraiser pursuant to Section 9.01(c) of the Pooling and
Servicing Agreement.

            The respective obligations and responsibilities of the Servicer, the
Special Servicer, the Depositor, the Trustee and the Bond Administrator created
by the Pooling and Servicing Agreement with respect to the Certificates (other
than the obligations of the Bond Administrator to make certain payments and to
send certain notices to Certificateholders as thereinafter set forth) shall
terminate upon payment (or provision for payment) to the Certificateholders and
the Serviced Companion Loan Noteholders of all amounts held by or on behalf of
the Bond Administrator or the Servicer, as the case may be, required under the
Pooling and Servicing Agreement to be so paid on the Distribution Date following
the earlier to occur of (i) the purchase of the Mortgage Loans and all other
property held by the Trust Fund in accordance with Section 9.01(c) of the
Pooling and Servicing Agreement; by the Servicer or the Holder of the
Controlling Class representing greater than a 50% Percentage Interest in such
class as described in Section 9.01 (c) of the Pooling and Servicing Agreement;
and (ii) the later of (a) the receipt or collection of the last payment due on
any Mortgage Loan included in the Trust Fund, or (b) the liquidation and
disposition pursuant to the Pooling and Servicing Agreement of the last asset
held by the Trust Fund; provided, however, that in no event shall the trust
created by the Pooling and Servicing Agreement continue beyond the expiration of
21 years from the death of the last survivor of the descendants of Joseph P.
Kennedy, the late Ambassador of the United States to the United Kingdom, living
on the date hereof.

            Unless the Certificate of Authentication on this Certificate has
been executed by the Bond Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose.

<PAGE>

            IN WITNESS WHEREOF, the Bond Administrator has caused this Class LR
Certificate to be duly executed.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, N.A.,
                                       not in its individual capacity but solely
                                       as Bond Administrator

                                       By:______________________________________
                                                   Authorized Officer

                          Certificate of Authentication

            This is one of the Class LR Certificates referred to in the Pooling
and Servicing Agreement.

Dated:  March 17, 2004

                                       LASALLE BANK NATIONAL ASSOCIATION, not in
                                       its individual capacity but solely as
                                       Authenticating Agent

                                       By:______________________________________
                                                  Authorized Officer

<PAGE>

                                   EXHIBIT B-1

                             MORTGAGE LOAN SCHEDULE

COMM 2004-LNB2

Mortgage Loan Schedule

<TABLE>
<CAPTION>

                                                                                                                            Interest
    ID                     Address                             City                        State        Zip Code              Rate
------------------------------------------------------------------------------------------------------------------------------------
<S>         <C>                                                <C>                         <C>            <C>                <C>
     1      1961 Chain Bridge Road                             McLean                      VA             22102              5.2240%
     2      Various                                            Various                     Various        Various            5.4891%
    2.1     231 South LaSalle Street                           Chicago                     IL             60604
    2.2     One South Van Ness Boulevard                       San Francisco               CA             94103
------------------------------------------------------------------------------------------------------------------------------------
    2.3     525 North Tryon Street                             Charlotte                   NC             28202
    2.4     601 West Riverside Avenue                          Spokane                     WA             99210
    2.5     9000 Southside Boulevard                           Jacksonville                FL             32256
    2.6     9000 Southside Boulevard                           Jacksonville                FL             32256
    2.7     9000 Southside Boulevard                           Jacksonville                FL             32256
------------------------------------------------------------------------------------------------------------------------------------
    2.8     17100 N.W. 59th Avenue                             Miami Lakes                 FL             33015
    2.9     1825 East Buckeye Road                             Phoenix                     AZ             85034
   2.10     9000 Southside Boulevard                           Jacksonville                FL             32256
   2.11     9000 Southside Boulevard                           Jacksonville                FL             32256
   2.12     1825 East Buckeye Road                             Phoenix                     AZ             85034
------------------------------------------------------------------------------------------------------------------------------------
   2.13     9000 Southside Boulevard                           Jacksonville                FL             32256
   2.14     9000 Southside Boulevard                           Jacksonville                FL             32256
   2.15     5875 NW 163rd Street                               Miami Lakes                 FL             33014
   2.16     1616 South Rustle                                  Spokane                     WA             99224
   2.17     1000 Century Park Road                             Tampa                       FL             33607
------------------------------------------------------------------------------------------------------------------------------------
   2.18     820 A Street                                       Tacoma                      WA             98402
   2.19     707 Mendham Boulevard                              Orlando                     FL             32825
   2.20     345 North Brand Boulevard                          Glendale                    CA             91203
   2.21     1422 East Grayson Street                           San Antonio                 TX             78208
   2.22     300 Ellinwood Way                                  Pleasant Hill               CA             94523
------------------------------------------------------------------------------------------------------------------------------------
   2.23     400 Ellinwood Way                                  Pleasant Hill               CA             94523
   2.24     150 Long Beach Boulevard                           Long Beach                  CA             90802
   2.25     1825 East Buckeye Road                             Phoenix                     AZ             85034
   2.26     1825 East Buckeye Road                             Phoenix                     AZ             85034
   2.27     1825 East Buckeye Road                             Phoenix                     AZ             85034
------------------------------------------------------------------------------------------------------------------------------------
   2.28     110 East Weber Street                              Stockton                    CA             95202
   2.29     1275 South Dupont Avenue                           Ontario                     CA             91761
   2.30     880 East Colorado Boulevard                        Pasadena                    CA             91106
   2.31     444 South Garey Avenue                             Pomona                      CA             91766
   2.32     500 Ellinwood Way                                  Pleasant Hill               CA             94523
------------------------------------------------------------------------------------------------------------------------------------
   2.33     444 South Mathilda Avenue                          Sunnyvale                   CA             94086
   2.34     1199 Orange Ave                                    Coronado                    CA             92118
   2.35     3650 14th Street                                   Riverside                   CA             92501
   2.36     18305 Biscayne Boulevard                           Aventura                    FL             33160
   2.37     7680 Girard Avenue                                 La Jolla                    CA             92037
------------------------------------------------------------------------------------------------------------------------------------
   2.38     7255 South Greenleaf Avenue                        Whittier                    CA             90602
   2.39     801 East Hallandale Boulevard                      Hallandale                  FL             33009
   2.40     10 Church Circle                                   Annapolis                   MD             21401
   2.41     12400 Interstate 45 North                          Houston                     TX             77060
   2.42     1661 East Street                                   Redding                     CA             96001
------------------------------------------------------------------------------------------------------------------------------------
   2.43     725 6th ST. NW                                     Albuquerque                 NM             87102
   2.44     834 State Street                                   Santa Barbara               CA             93101
   2.45     300 East Main Street                               Charlottesville             VA             22902
   2.46     900 South Federal Hwy                              Stuart                      FL             34994
   2.47     4101 MacArthur Boulevard                           Newport Beach               CA             92660
------------------------------------------------------------------------------------------------------------------------------------
   2.48     1450 West Redondo Beach Boulevard                  Gardena                     CA             90247
   2.49     100 North Westshore Boulevard                      Tampa                       FL             33609
   2.50     330 East Manchester Boulevard                      Inglewood                   CA             90301
   2.51     9000 Southside Boulevard                           Jacksonville                FL             32256
   2.52     9000 Southside Boulevard                           Jacksonville                FL             32256
------------------------------------------------------------------------------------------------------------------------------------
   2.53     22 Bull Street                                     Savannah                    GA             31401
   2.54     112 E Holly Street                                 Bellingham                  WA             98255
   2.55     2850 North Federal Hwy                             Lighthouse Point            FL             33064
   2.56     1007 Knight Street                                 Richland                    WA             99352
   2.57     5025 Lankershim Boulevard                          North Hollywood             CA             91601
------------------------------------------------------------------------------------------------------------------------------------
   2.58     1255 Sartori Avenue                                Torrance                    CA             90501
   2.59     220 South Escondido Boulevard                      Escondido                   CA             92025
   2.60     303 North D Street                                 San Bernardino              CA             92418
   2.61     750 South Orlando Avenue                           Winter Park                 FL             32789
   2.62     300 Town Center East                               Santa Maria                 CA             93454
------------------------------------------------------------------------------------------------------------------------------------
   2.63     405 Main Street                                    Salinas                     CA             93901
   2.64     8320 North Oak Trafficway                          Kansas City                 MO             64118
   2.65     1077 East Sahara Avenue                            Las Vegas                   NV             89104
   2.66     4701 University Way NE                             Seattle                     WA             98105
   2.67     2111 Tuolumne Street                               Fresno                      CA             93721
------------------------------------------------------------------------------------------------------------------------------------
   2.68     5061 Bayou Boulevard                               Pensacola                   FL             32503
   2.69     1100 Butte House Road                              Yuba City                   CA             95991
   2.70     35 SE 1st Avenue                                   Ocala                       FL             34471
   2.71     302 South Jefferson Street, SE                     Roanoke                     VA             24011
   2.72     63 West Main Street                                Mesa                        AZ             85201
------------------------------------------------------------------------------------------------------------------------------------
   2.73     900 High Street                                    Auburn                      CA             95603
   2.74     106 South Patterson Street                         Valdosta                    GA             31601
   2.75     1640 Gulf to Bay Boulevard                         Clearwater                  FL             33755
   2.76     514 Austin Avenue                                  Waco                        TX             76701
   2.77     101 North 2nd Street                               Yakima                      WA             98901
------------------------------------------------------------------------------------------------------------------------------------
   2.78     801 Main Street                                    Lynchburg                   VA             24504
   2.79     835 North Sepulveda Boulevard                      El Segundo                  CA             90245
   2.80     9500 Mission Road                                  Overland Park               KS             66206
   2.81     167 Laurens Street                                 Aiken                       SC             29801
   2.82     102 East Main Street                               Cartersville                GA             30120
------------------------------------------------------------------------------------------------------------------------------------
   2.83     120 East Main Street                               Murfreesboro                TN             37130
   2.84     1000 6th Street South                              Bremerton                   WA             98337
   2.85     800 Cherry Street                                  Columbia                    MO             65201
   2.86     2501 South Congress                                Austin                      TX             78704
   2.87     4301 and 4400 Hampton Avenue                       St. Louis                   MO             63109
------------------------------------------------------------------------------------------------------------------------------------
   2.88     5353 South Lindbergh Boulevard                     St. Louis                   MO             63126
   2.89     1130 South Victoria                                Ventura                     CA             93003
   2.90     1201 Baker Street                                  Bakersfield                 CA             93305
   2.91     1830 Del Paso Boulevard                            Sacramento                  CA             95815
   2.92     401 Front Street                                   Coeur D'Alene               ID             83814
------------------------------------------------------------------------------------------------------------------------------------
   2.93     222 South Jefferson                                Mexico                      MO             65265
   2.94     3435 N Cedar Ave                                   Fresno                      CA             93726
   2.95     10300-10306 Sepul Veda Boulevard                   Mission Hills               CA             91345
   2.96     11755 Biscayne Boulevard                           North Miami                 FL             33181
   2.97     2001 William Street                                Cape Girardeau              MO             63703
------------------------------------------------------------------------------------------------------------------------------------
   2.98     5021 California Avenue                             Bakersfield                 CA             93309
   2.99     111 West Main Street                               Walla Walla                 WA             99362
   2.100    5651 East Lancaster Avenue                         Fort Worth                  TX             76112
   2.101    21175 Olean Boulevard                              Port Charlotte              FL             33952
   2.102    300 South Main Street                              Moultrie                    GA             31768
------------------------------------------------------------------------------------------------------------------------------------
   2.103    880 Rue St. Francois                               Florissant                  MO             63031
   2.104    4401 Central Avenue NE                             Albuquerque                 NM             87108
   2.105    129 West Lexington                                 Independence                MO             64050
   2.106    107 Water Street                                   Henderson                   NV             89015
   2.107    2611 South Cedar Avenue                            Fresno                      CA             93725
------------------------------------------------------------------------------------------------------------------------------------
   2.108    3804 Atlantic Avenue                               Long Beach                  CA             90807
   2.109    2400 North Broadway                                Los Angeles                 CA             90031
   2.110    3810 Broadway                                      Sacramento                  CA             95817
   2.111    3535 University Boulevard West                     Jacksonville                FL             32217
   2.112    1101 South Josey Lane                              Carrollton                  TX             75006
------------------------------------------------------------------------------------------------------------------------------------
   2.113    3505 East Imperial Highway                         Lynwood                     CA             90262
   2.114    839 East Palmdale Boulevard                        Palmdale                    CA             93550
   2.115    501 Bliss Avenue                                   Dumas                       TX             79029
   2.116    1 West Queens Way                                  Hampton                     VA             23669
   2.117    103 East 3rd Avenue                                Moses Lake                  WA             98837
------------------------------------------------------------------------------------------------------------------------------------
   2.118    323 Denver Avenue                                  Dalhart                     TX             79022
   2.119    600 West Willow Street                             Long Beach                  CA             90806
   2.120    1 East 49th Street                                 Hialeah                     FL             33013
   2.121    2940 South Glenstone                               Springfield                 MO             65804
   2.122    5950 East Admiral Place                            Tulsa                       OK             74115
------------------------------------------------------------------------------------------------------------------------------------
   2.123    830 North Wenatchee Avenue                         Wenatchee                   WA             98801
   2.124    300 West Main Street                               Denison                     TX             75020
   2.125    One Center Avenue                                  Brownwood                   TX             76801
   2.126    128 South Washington Street                        Albany                      GA             31701
   2.127    501 Pennsylvania Avenue                            Independence                KS             67301
------------------------------------------------------------------------------------------------------------------------------------
   2.128    302 North Jefferson Avenue                         Mt. Pleasant                TX             75455
   2.129    231 South Ridgewood Drive                          Sebring                     FL             33870
   2.130    518 So. Long Beach Boulevard                       Compton                     CA             90221
   2.131    350 West Lewis Street                              Pasco                       WA             99301
   2.132    102 East Front Street                              Port Angeles                WA             98362
------------------------------------------------------------------------------------------------------------------------------------
   2.133    204 East Rush                                      Harrison                    AR             72601
   2.134    700 8th Avenue West                                Palmetto                    FL             34221
   2.135    1101 North Conway                                  Mission                     TX             78572
   2.136    481 South Forks Avenue                             Forks                       WA             98331
   2.137    1232 South Vermont Avenue                          Los Angeles                 CA             90006
------------------------------------------------------------------------------------------------------------------------------------
   2.138    102 North Broad Street                             Winder                      GA             30680
   2.139    3415/17 Eastern Avenue                             Baltimore                   MD             21224
   2.140    606 Broad Street                                   South Boston                VA             24592
   2.141    210 West 8th Street                                Rolla                       MO             65401
   2.142    702 Park Avenue NW                                 Norton                      VA             24273
------------------------------------------------------------------------------------------------------------------------------------
   2.143    1016 Main Street                                   Lexington                   MO             64607
   2.144    690 East Highway 50                                Clermont                    FL             34711
   2.145    51 East Camelback Road                             Phoenix                     AZ             85012
   2.146    955 Main Street                                    Red Bluff                   CA             96080
   2.147    1900 Tyler Street                                  Hollywood                   FL             33020
------------------------------------------------------------------------------------------------------------------------------------
   2.148    112 McClurg                                        Richland                    MO             65556
   2.149    710 West Sunshine                                  Springfield                 MO             65807
   2.150    230 West Broadway                                  Muskogee                    OK             74401
   2.151    221 South Commercial                               Aransas Pass                TX             78336
   2.152    101 East Market Street                             Aberdeen                    WA             98520
------------------------------------------------------------------------------------------------------------------------------------
     3      600 New Hampshire Avenue                           Washington                  DC             20037              6.1245%
     4      4300 Meadows Lane                                  Las Vegas                   NV             89107              5.4528%
     5      4341 South Riverboat Road                          Taylorsville                UT             84123              5.2400%
     6      321 West 44th Street                               New York                    NY             10036              5.9100%
     7      511 Valley Mall Parkway                            East Wenatchee              WA             98802              5.5400%
------------------------------------------------------------------------------------------------------------------------------------
     8      5201 West War Memorial Drive                       Peoria                      IL             61615              5.3050%
     9      Various                                            Bronx                       NY             10473              4.9600%
    9.1     910-930 Thieriot Avenue                            Bronx                       NY             10473
    9.2     945-955 Underhill Avenue                           Bronx                       NY             10473
    10      1401 Enclave Parkway                               Houston                     TX             77077              5.6000%
------------------------------------------------------------------------------------------------------------------------------------
    11      5 Autumn Breeze Way                                Winter Park                 FL             32792              5.9800%
    12      111 East Broadway                                  Salt Lake City              UT             84111              5.4400%
    13      3111-3245 Washtenaw Avenue                         Ann Arbor                   MI             48104              5.3600%
    14      807-993 East Moorhead Circle
              & 880-999 West Moorhead Circle                   Boulder                     CO             80305              4.9300%
    15      1210 Northbrook Drive                              Trevose                     PA             19053              5.7500%
    16      6800 Interstate -10 Service Road                   New Orleans                 LA             70126              5.5200%
    17      15770 Bellaire Boulevard                           Houston                     TX             77083              5.1700%
    18      855-865 3rd Avenue                                 Chula Vista                 CA             91911              5.9500%
    19      4510 Tesla Park Drive                              Wilmington                  NC             28412              5.9600%
------------------------------------------------------------------------------------------------------------------------------------
    20      1301 Connecticut Avenue, Northwest                 Washington                  DC             20036              5.7000%
    21      151 West 46th Street                               New York                    NY             10036              5.9400%
    22      900 Northbrook Drive                               Bensalem                    PA             19053              5.9800%
    23      1100 Oakbridge Parkway                             Lakeland                    FL             33803              5.7110%
    24      1300 Varsity Lane                                  Charlotte                   NC             28262              5.4600%
------------------------------------------------------------------------------------------------------------------------------------
    25      114 Town Park Drive                                Kennesaw                    GA             30144              5.9300%
    26      112 Town Park Drive                                Kennesaw                    GA             30144              5.9300%
    27      18704-18705 Mesa Terrace,
              14106-14115 Tarhill Court
              and 18756-18777 Diller Drive                     Hagerstown                  MD             21742              5.6000%
    28      801 Frontage Road                                  Oxford                      MS             38655              5.5740%
    29      Various                                            Irvine                      CA             92612              5.1900%
------------------------------------------------------------------------------------------------------------------------------------
   29.1     19712 MacArthur Boulevard                          Irvine                      CA             92612
   29.2     19722 MacArthur Boulevard                          Irvine                      CA             92612
   29.3     19732 MacArthur Boulevard                          Irvine                      CA             92612
    30      921 North Zaragoza Road                            El Paso                     TX             79907              6.0850%
    31      Various                                            Raleigh                     NC             27612              5.1600%
------------------------------------------------------------------------------------------------------------------------------------
   31.1     3725 National Drive                                Raleigh                     NC             27612
   31.2     3716 National Drive                                Raleigh                     NC             27612
   31.3     3717 National Drive                                Raleigh                     NC             27612
   31.4     3700 National Drive                                Raleigh                     NC             27612
    32      2840 Warm Springs Road                             Columbus                    GA             31906              5.5000%
------------------------------------------------------------------------------------------------------------------------------------
    33      Various                                            Raleigh                     NC             27612              5.6000%
   33.1     3739 National Drive                                Raleigh                     NC             27612
   33.2     3733 National Drive                                Raleigh                     NC             27612
   33.3     3724 National Drive                                Raleigh                     NC             27612
    34      5950 Boca Raton Drive                              Fort Worth                  TX             76112              6.0500%
------------------------------------------------------------------------------------------------------------------------------------
    35      1501 South Magnolia Street                         Woodville                   TX             75979              6.2500%
    36      4700 King Street                                   Greenville                  TX             75401              6.1810%
    37      4101 East U.S. Highway 50                          Garden City                 KS             67846              6.2700%
    38      7800 & 7850 Tayloe Drive                           Manassas                    VA             20112              5.8300%
    39      2310, 2311 & 2320 Crescent Creek Drive             Raleigh                     NC             27606              5.6700%
------------------------------------------------------------------------------------------------------------------------------------
    40      Southwest Corner 11000 North Alpine Highway        Highland                    UT             84003              5.7530%
    41      16325 - 16345 South Harlem Avenue                  Tinley Park                 IL             60477              5.3600%
    42      2999 Woodway Drive                                 Huntsville                  AL             35805              6.1900%
    43      1580-1590 Clarkson Road                            Chesterfield                MO             63017              5.2860%
    44      9350-9372 Cabot Drive                              San Diego                   CA             92126              6.1840%
    45      5171 Glenwood Avenue                               Raleigh                     NC             27612              5.3900%
    46      1350-1364 Park Street
              and 2408-2414 Central Avenue                     Alameda                     CA             94501              5.9300%
    47      North 7271 Lando Street                            Plymouth                    WI             53020              5.8500%
------------------------------------------------------------------------------------------------------------------------------------
    48      101 Leeward Lane                                   Hampstead                   NC             28443              5.8800%
    49      3600 Harden Boulevard                              Lakeland                    FL             33803              5.9710%
    50      204 East Pointe Lane                               East Lansing                MI             48823              5.6600%
    51      12504 South Highway 301                            Dade City                   FL             33525              5.3100%
------------------------------------------------------------------------------------------------------------------------------------
    52      150 Fred Lanier Road                               Mocksville                  NC             27028              5.4800%
    53      890 Motsie Road                                    Biloxi                      MS             39532              6.2500%
    54      3401 Alta Mesa Boulevard                           Fort Worth                  TX             76133              5.8700%
    55      Various                                            Various                     MI             Various            5.7500%
   55.1     3000 Blue Star Highway                             Douglas                     MI             49406
------------------------------------------------------------------------------------------------------------------------------------
   55.2     6832 Maple Lane                                    Fennville                   MI             49408
    56      1501 Western Avenue                                Seattle                     WA             98101              5.6800%
    57      2801 Northwest 1st Street
              and 100 Nance Avenue                             Lincoln                     NE             68521              5.3500%
    58      1200 South Croatan Highway                         Kill Devil Hills            NC             27948              5.9800%
    59      121 High Hill Road                                 Woolrich Township           NJ             08085              5.7300%
------------------------------------------------------------------------------------------------------------------------------------
    60      5528-B Cinderlane Parkway                          Orlando                     FL             32808              5.8810%
    61      485 Peachtree Industrial Boulevard                 Suwanee                     GA             30024              6.0000%
    62      1751 Rock Prairie Road                             College Station             TX             77845              6.7800%
    63      614 North Water Avenue                             Gallatin                    TN             37066              6.2500%
    64      1335 Bradyville Pike                               Murfreesboro                TN             37130              6.2500%
------------------------------------------------------------------------------------------------------------------------------------
    65      220 Fulmer Avenue                                  Akron                       OH             44312              5.7600%
    66      11269 Mobile Drive                                 Fairfax                     VA             22030              5.8300%
    67      1530 Ardsley Street                                Winston-Salem               NC             27103              5.7120%
    68      2320 Eslinger Road                                 New Smyrna Beach            FL             32168              5.0700%
    69      235 Emerald Circle                                 Dundee                      MI             48131              5.9400%
------------------------------------------------------------------------------------------------------------------------------------
    70      2888 Mogadore Road                                 Akron                       OH             44312              5.8100%
    71      2350 Blackburn Road Southeast                      Cleveland                   TN             37311              6.2500%
    72      7410 Old Centreville Road                          Manassas                    VA             20111              5.8300%
    73      Various                                            Various                     TX             Various            6.2500%
   73.1     7400 Chiesa Estates                                Rowlett                     TX             75030
------------------------------------------------------------------------------------------------------------------------------------
   73.2     2500 Fort Worth Drive                              Denton                      TX             76205
    74      500 Chapman Pointe Circle                          Dallas                      NC             28034              6.2500%
    75      47 Jacaranda Cay Court                             New Smyrna Beach            FL             32169              6.1200%
    76      4400 West Main Street                              Norman                      OK             73072              5.9300%
    77      23750 Carson Drive                                 Pioneer                     CA             95666              5.9800%
------------------------------------------------------------------------------------------------------------------------------------
    78      216 Tudor Circle                                   Portage                     MI             49024              5.8000%
    79      251 East Cottonwood Street                         Cottonwood                  AZ             86326              5.4300%
    80      1055 North 5th Street                              Jacksonville                OR             97530              5.8900%
    81      1230 South Avenue                                  Barberton                   OH             44203              5.8100%
    82      209 and 217 Elmwood Street;
              228 Summer Street                                Buffalo                     NY             14222              6.2500%
------------------------------------------------------------------------------------------------------------------------------------
    83      Various                                            Slaton                      TX             79364              6.0500%
   83.1     1305 West Woodrow Road                             Slaton                      TX             79364
   83.2     1311 and 1355 West Woodrow Road                    Slaton                      TX             79364
    84      1000 East Grand Avenue                             Carbondale                  IL             62901              5.3350%
    85      Various                                            Snyder                      TX             79549              5.9900%
------------------------------------------------------------------------------------------------------------------------------------
   85.1     3901 Avenue O                                      Snyder                      TX             79549
   85.2     5400 College Avenue                                Snyder                      TX             79549
    86      5155 Imperial Drive                                New Port Richey             FL             34652              6.0450%
    87      1122 Spring Villa Circle                           Birmingham                  AL             35215              6.2500%
    88      100 Diary Road                                     Mobile                      AL             36612              6.2500%
------------------------------------------------------------------------------------------------------------------------------------
    89      Various                                            Various                     TX             Various            6.0400%
   89.1     5500 FM 2004                                       Hitchcock                   TX             77563
   89.2     634 North Pine Road                                Texas City                  TX             77591
    90      9701 East Highway 25                               Belleview                   FL             34420              5.8700%

<CAPTION>

                                      Cut-off                                                         Monthly
                   Original             Date                  Maturity         Payment                 Debt          CTL
    ID              Balance           Balance                   Date            Date                  Service       Tenant
------------------------------------------------------------------------------------------------------------------------------------
<S>               <C>               <C>                       <C>                 <C>                 <C>            <C>
     1            147,500,000       147,500,000               03/1/2014           1                   812,127         No
     2             85,000,000        85,000,000               12/1/2013           1                   499,618         No
    2.1            10,665,803        10,665,803
    2.2             6,737,880         6,737,880
------------------------------------------------------------------------------------------------------------------------------------
    2.3             4,985,643         4,985,643
    2.4             4,861,622         4,861,622
    2.5             4,043,084         4,043,084
    2.6             2,988,905         2,988,905
    2.7             2,418,409         2,418,409
------------------------------------------------------------------------------------------------------------------------------------
    2.8             1,723,891         1,723,891
    2.9             1,684,205         1,684,205
   2.10             1,637,077         1,637,077
   2.11             1,624,675         1,624,675
   2.12             1,602,971         1,602,971
------------------------------------------------------------------------------------------------------------------------------------
   2.13             1,599,871         1,599,871
   2.14             1,550,262         1,550,262
   2.15             1,423,496         1,423,496
   2.16             1,116,189         1,116,189
   2.17               992,168           992,168
------------------------------------------------------------------------------------------------------------------------------------
   2.18               930,157           930,157
   2.19               806,136           806,136
   2.20               744,126           744,126
   2.21               737,925           737,925
   2.22               704,439           704,439
------------------------------------------------------------------------------------------------------------------------------------
   2.23               699,478           699,478
   2.24               644,909           644,909
   2.25               600,261           600,261
   2.26               595,301           595,301
   2.27               595,301           595,301
------------------------------------------------------------------------------------------------------------------------------------
   2.28               582,899           582,899
   2.29               570,496           570,496
   2.30               545,692           545,692
   2.31               545,692           545,692
   2.32               537,132           537,132
------------------------------------------------------------------------------------------------------------------------------------
   2.33               496,084           496,084
   2.34               483,682           483,682
   2.35               483,682           483,682
   2.36               474,499           474,499
   2.37               465,009           465,009
------------------------------------------------------------------------------------------------------------------------------------
   2.38               458,878           458,878
   2.39               446,475           446,475
   2.40               446,475           446,475
   2.41               446,475           446,475
   2.42               434,073           434,073
------------------------------------------------------------------------------------------------------------------------------------
   2.43               421,671           421,671
   2.44               403,068           403,068
   2.45               403,068           403,068
   2.46               384,465           384,465
   2.47               347,259           347,259
------------------------------------------------------------------------------------------------------------------------------------
   2.48               342,298           342,298
   2.49               334,857           334,857
   2.50               329,896           329,896
   2.51               322,455           322,455
   2.52               316,253           316,253
------------------------------------------------------------------------------------------------------------------------------------
   2.53               303,851           303,851
   2.54               297,650           297,650
   2.55               291,449           291,449
   2.56               291,449           291,449
   2.57               290,209           290,209
------------------------------------------------------------------------------------------------------------------------------------
   2.58               280,287           280,287
   2.59               272,846           272,846
   2.60               272,846           272,846
   2.61               272,846           272,846
   2.62               264,165           264,165
------------------------------------------------------------------------------------------------------------------------------------
   2.63               260,444           260,444
   2.64               260,444           260,444
   2.65               260,444           260,444
   2.66               260,444           260,444
   2.67               255,483           255,483
------------------------------------------------------------------------------------------------------------------------------------
   2.68               253,003           253,003
   2.69               238,740           238,740
   2.70               235,640           235,640
   2.71               235,640           235,640
   2.72               223,238           223,238
------------------------------------------------------------------------------------------------------------------------------------
   2.73               223,238           223,238
   2.74               213,936           213,936
   2.75               210,836           210,836
   2.76               210,836           210,836
   2.77               210,836           210,836
------------------------------------------------------------------------------------------------------------------------------------
   2.78               199,289           199,289
   2.79               194,713           194,713
   2.80               192,233           192,233
   2.81               189,752           189,752
   2.82               186,031           186,031
------------------------------------------------------------------------------------------------------------------------------------
   2.83               186,031           186,031
   2.84               186,031           186,031
   2.85               182,311           182,311
   2.86               179,830           179,830
   2.87               177,350           177,350
------------------------------------------------------------------------------------------------------------------------------------
   2.88               176,110           176,110
   2.89               174,870           174,870
   2.90               173,629           173,629
   2.91               173,629           173,629
   2.92               171,149           171,149
------------------------------------------------------------------------------------------------------------------------------------
   2.93               171,149           171,149
   2.94               168,669           168,669
   2.95               168,669           168,669
   2.96               166,075           166,075
   2.97               164,328           164,328
------------------------------------------------------------------------------------------------------------------------------------
   2.98               161,227           161,227
   2.99               161,227           161,227
   2.100              158,127           158,127
   2.101              155,026           155,026
   2.102              148,825           148,825
------------------------------------------------------------------------------------------------------------------------------------
   2.103              148,825           148,825
   2.104              148,825           148,825
   2.105              147,585           147,585
   2.106              142,624           142,624
   2.107              141,384           141,384
------------------------------------------------------------------------------------------------------------------------------------
   2.108              136,423           136,423
   2.109              136,423           136,423
   2.110              136,423           136,423
   2.111              135,183           135,183
   2.112              130,222           130,222
------------------------------------------------------------------------------------------------------------------------------------
   2.113              125,261           125,261
   2.114              124,021           124,021
   2.115              124,021           124,021
   2.116              124,021           124,021
   2.117              124,021           124,021
------------------------------------------------------------------------------------------------------------------------------------
   2.118              114,719           114,719
   2.119              111,619           111,619
   2.120              111,619           111,619
   2.121              111,619           111,619
   2.122              111,619           111,619
------------------------------------------------------------------------------------------------------------------------------------
   2.123              111,619           111,619
   2.124              108,518           108,518
   2.125              105,418           105,418
   2.126              104,390           104,390
   2.127              102,317           102,317
------------------------------------------------------------------------------------------------------------------------------------
   2.128              102,317           102,317
   2.129               99,645            99,645
   2.130               99,217            99,217
   2.131               99,217            99,217
   2.132               94,900            94,900
------------------------------------------------------------------------------------------------------------------------------------
   2.133               90,155            90,155
   2.134               89,915            89,915
   2.135               89,295            89,295
   2.136               86,815            86,815
   2.137               85,574            85,574
------------------------------------------------------------------------------------------------------------------------------------
   2.138               80,614            80,614
   2.139               75,920            75,920
   2.140               68,802            68,802
   2.141               66,971            66,971
   2.142               62,010            62,010
------------------------------------------------------------------------------------------------------------------------------------
   2.143               52,709            52,709
   2.144               43,407            43,407
   2.145                    -                 -
   2.146                    -                 -
   2.147                    -                 -
------------------------------------------------------------------------------------------------------------------------------------
   2.148                    -                 -
   2.149                    -                 -
   2.150                    -                 -
   2.151                    -                 -
   2.152                    -                 -
------------------------------------------------------------------------------------------------------------------------------------
     3             68,500,000        68,500,000               12/1/2018           1                   416,191         No
     4             56,000,000        55,587,072               08/1/2013           1                   316,306         No
     5             35,000,000        35,000,000               02/1/2011           1                   193,055         No
     6             30,000,000        30,000,000               01/1/2014           1                   178,133         No
     7             26,000,000        26,000,000               11/1/2010           1                   148,278         No
------------------------------------------------------------------------------------------------------------------------------------
     8             26,090,000        25,974,625               11/1/2008           1                   144,960         No
     9             24,025,000        23,911,302               11/1/2008           1                   128,385         No
    9.1            13,339,034        13,275,907
    9.2            10,685,966        10,635,395
    10             23,600,000        23,549,204               01/1/2009           1                   135,483         No
------------------------------------------------------------------------------------------------------------------------------------
    11             22,500,000        22,454,940               01/1/2014           1                   134,610         No
    12             21,000,000        20,933,164               12/1/2008           1                   118,446         No
    13             20,000,000        19,974,548               02/1/2014           1                   111,807         No
    14
                   17,000,000        17,000,000               02/1/2009           1                    90,534         No
    15             15,300,000        15,300,000               03/1/2014           1                    89,287         No
    16             14,400,000        14,368,535               01/1/2011           1                    81,942         No
    17             13,600,000        13,600,000               12/1/2008           1                    74,427         No
    18             13,500,000        13,500,000               03/1/2014           1                    80,506         No
    19             13,020,000        13,020,000               03/1/2019           1                    77,727         No
------------------------------------------------------------------------------------------------------------------------------------
    20             12,300,000        12,300,000               11/1/2013           1                    71,389         No
    21             12,200,000        12,152,536               11/1/2013           1                    72,675         No
    22             11,200,000        11,168,145               12/1/2013           1                    67,006         No
    23             10,000,000         9,978,923               01/1/2014           1                    58,110         No
    24             10,000,000         9,968,304               07/1/2010           1                    56,528         No
------------------------------------------------------------------------------------------------------------------------------------
    25              5,640,000         5,628,597               01/1/2014           1                    33,561         No
    26              4,200,000         4,191,508               01/1/2014           1                    24,992         No
    27

                    9,200,000         9,200,000               03/1/2014           1                    52,815         No
    28              8,700,000         8,673,064               12/1/2013           1                    49,802         No
    29              8,480,000         8,480,000               01/1/2009           1                    46,512         No
------------------------------------------------------------------------------------------------------------------------------------
   29.1             3,086,877         3,086,877
   29.2             2,246,999         2,246,999
   29.3             3,146,124         3,146,124
    30              8,350,000         8,315,576               12/1/2013           1                    54,234         No
    31              7,500,000         7,464,043               12/1/2008           1                    44,546         No
------------------------------------------------------------------------------------------------------------------------------------
   31.1             2,044,500         2,034,698
   31.2             2,296,500         2,285,490
   31.3             1,565,250         1,557,746
   31.4             1,593,750         1,586,109
    32              7,200,000         7,191,019               02/1/2014           1                    40,881         No
------------------------------------------------------------------------------------------------------------------------------------
    33              7,040,000         7,008,561               12/1/2010           1                    43,653         No
   33.1             2,950,458         2,937,282
   33.2             2,073,946         2,064,684
   33.3             2,015,596         2,006,595
    34              2,925,000         2,921,624               02/1/2014           1                    17,631         No
------------------------------------------------------------------------------------------------------------------------------------
    35              2,500,000         2,497,194               02/1/2014           1                    15,393         No
    36              1,500,000         1,498,300               02/1/2014           1                     9,169         No
    37              5,900,000         5,890,806               02/1/2014           1                    38,993         No
    38              5,900,000         5,887,842               01/1/2014           1                    34,731         No
    39              5,600,000         5,600,000               01/1/2014           1                    32,825         No
------------------------------------------------------------------------------------------------------------------------------------
    40              5,500,000         5,500,000               03/1/2014           1                    32,107         No
    41              5,475,000         5,462,672               01/1/2009           1                    30,607         No
    42              5,400,000         5,384,833               01/1/2014           1                    35,422         No
    43              5,300,000         5,287,900               01/1/2009           1                    29,385         No
    44              5,100,000         5,071,994               09/1/2013           1                    31,183         No
    45              5,050,000         5,018,559               11/1/2008           1                    30,681         No
    46
                    4,950,000         4,939,992               01/1/2014           1                    29,455         No
    47              4,640,000         4,626,436               12/1/2010           1                    27,373         No
------------------------------------------------------------------------------------------------------------------------------------
    48              4,630,000         4,620,549               01/1/2019           1                    27,403         No
    49              4,600,000         4,594,632               02/1/2014           1                    27,494         No
    50              4,600,000         4,576,812               10/1/2013           1                    26,582         No
    51              4,230,000         4,211,313               11/1/2010           1                    23,516         No
------------------------------------------------------------------------------------------------------------------------------------
    52              4,200,000         4,190,754               01/1/2009           1                    23,794         No
    53              3,840,000         3,832,698               01/1/2014           1                    23,644         No
    54              3,700,000         3,692,433               01/1/2014           1                    21,875         No
    55              3,500,000         3,492,677               01/1/2014           1                    20,425         No
   55.1             1,899,103         1,895,130
------------------------------------------------------------------------------------------------------------------------------------
   55.2             1,600,897         1,597,547
    56              3,430,000         3,419,611               12/1/2010           1                    19,864         No
    57
                    3,400,000         3,392,330               01/1/2011           1                    18,986         No
    58              3,350,000         3,340,281               01/1/2014           1                    21,543         No
    59              3,240,000         3,226,843               11/1/2010           1                    18,867         No
------------------------------------------------------------------------------------------------------------------------------------
    60              3,000,000         2,996,455               02/1/2014           1                    17,758         No
    61              2,800,000         2,796,746               02/1/2014           1                    16,787         No
    62              2,750,000         2,734,953               04/1/2028           1                    19,398         Yes
    63              2,720,000         2,714,828               01/1/2014           1                    16,748         No
    64              2,720,000         2,714,828               01/1/2014           1                    16,748         No
------------------------------------------------------------------------------------------------------------------------------------
    65              2,630,000         2,625,642               02/1/2014           1                    16,561         No
    66              2,600,000         2,594,642               01/1/2014           1                    15,305         No
    67              2,500,000         2,492,444               01/1/2014           1                    15,670         No
    68              2,344,000         2,325,028               10/1/2008           1                    13,799         No
    69              2,250,000         2,243,546               12/1/2013           1                    13,403         No
------------------------------------------------------------------------------------------------------------------------------------
    70              2,080,000         2,076,574               02/1/2014           1                    13,161         No
    71              2,080,000         2,076,045               01/1/2014           1                    12,807         No
    72              2,000,000         1,995,879               01/1/2014           1                    11,773         No
    73              1,930,000         1,927,834               02/1/2014           1                    11,883         No
   73.1             1,132,910         1,131,638
------------------------------------------------------------------------------------------------------------------------------------
   73.2               797,090           796,195
    74              1,800,000         1,796,577               01/1/2014           1                    11,083         No
    75              1,750,000         1,745,031               01/1/2014           1                    11,404         No
    76              1,750,000         1,744,884               01/1/2014           1                    11,201         No
    77              1,700,000         1,696,595               01/1/2014           1                    10,171         No
------------------------------------------------------------------------------------------------------------------------------------
    78              1,600,000         1,595,229               01/1/2014           1                    10,114         No
    79              1,520,000         1,516,622               01/1/2009           1                     8,564         No
    80              1,450,000         1,447,046               01/1/2014           1                     8,591         No
    81              1,440,000         1,437,628               02/1/2014           1                     9,111         No
    82
                    1,425,000         1,419,285               12/1/2013           1                     9,400         No
------------------------------------------------------------------------------------------------------------------------------------
    83              1,420,000         1,417,728               02/1/2014           1                     9,193         No
   83.1               520,000           519,168
   83.2               900,000           898,560
    84              1,372,000         1,361,632               08/1/2013           1                     7,649         No
    85              1,358,000         1,355,811               02/1/2014           1                     8,741         No
------------------------------------------------------------------------------------------------------------------------------------
   85.1               793,856           792,576
   85.2               564,144           563,235
    86              1,325,000         1,323,470               02/1/2014           1                     7,982         No
    87              1,175,000         1,172,766               01/1/2014           1                     7,235         No
    88              1,175,000         1,172,766               01/1/2014           1                     7,235         No
------------------------------------------------------------------------------------------------------------------------------------
    89              1,176,000         1,172,620               01/1/2014           1                     7,606         No
   89.1               655,087           653,204
   89.2               520,913           519,415
    90              1,000,000           997,050               01/1/2014           1                     6,364         No

<CAPTION>

                                   CTL Tenant                                       Interest
                  CTL           Corporate Credit             Servicing               Accrual
    ID          Guarantor          Rating (S/M)               Fee Rate                Basis                     Lockbox
-----------------------------------------------------------------------------------------------------------------------------------
<S>             <C>             <C>                           <C>                  <C>           <C>
     1                                                        0.03210%               30/360      Hard
     2                                                        0.03210%             Actual/360    Hard
    2.1
    2.2
-----------------------------------------------------------------------------------------------------------------------------------
    2.3
    2.4
    2.5
    2.6
    2.7
-----------------------------------------------------------------------------------------------------------------------------------
    2.8
    2.9
   2.10
   2.11
   2.12
-----------------------------------------------------------------------------------------------------------------------------------
   2.13
   2.14
   2.15
   2.16
   2.17
-----------------------------------------------------------------------------------------------------------------------------------
   2.18
   2.19
   2.20
   2.21
   2.22
-----------------------------------------------------------------------------------------------------------------------------------
   2.23
   2.24
   2.25
   2.26
   2.27
-----------------------------------------------------------------------------------------------------------------------------------
   2.28
   2.29
   2.30
   2.31
   2.32
-----------------------------------------------------------------------------------------------------------------------------------
   2.33
   2.34
   2.35
   2.36
   2.37
-----------------------------------------------------------------------------------------------------------------------------------
   2.38
   2.39
   2.40
   2.41
   2.42
-----------------------------------------------------------------------------------------------------------------------------------
   2.43
   2.44
   2.45
   2.46
   2.47
-----------------------------------------------------------------------------------------------------------------------------------
   2.48
   2.49
   2.50
   2.51
   2.52
-----------------------------------------------------------------------------------------------------------------------------------
   2.53
   2.54
   2.55
   2.56
   2.57
-----------------------------------------------------------------------------------------------------------------------------------
   2.58
   2.59
   2.60
   2.61
   2.62
-----------------------------------------------------------------------------------------------------------------------------------
   2.63
   2.64
   2.65
   2.66
   2.67
-----------------------------------------------------------------------------------------------------------------------------------
   2.68
   2.69
   2.70
   2.71
   2.72
-----------------------------------------------------------------------------------------------------------------------------------
   2.73
   2.74
   2.75
   2.76
   2.77
-----------------------------------------------------------------------------------------------------------------------------------
   2.78
   2.79
   2.80
   2.81
   2.82
-----------------------------------------------------------------------------------------------------------------------------------
   2.83
   2.84
   2.85
   2.86
   2.87
-----------------------------------------------------------------------------------------------------------------------------------
   2.88
   2.89
   2.90
   2.91
   2.92
-----------------------------------------------------------------------------------------------------------------------------------
   2.93
   2.94
   2.95
   2.96
   2.97
-----------------------------------------------------------------------------------------------------------------------------------
   2.98
   2.99
   2.100
   2.101
   2.102
-----------------------------------------------------------------------------------------------------------------------------------
   2.103
   2.104
   2.105
   2.106
   2.107
-----------------------------------------------------------------------------------------------------------------------------------
   2.108
   2.109
   2.110
   2.111
   2.112
-----------------------------------------------------------------------------------------------------------------------------------
   2.113
   2.114
   2.115
   2.116
   2.117
-----------------------------------------------------------------------------------------------------------------------------------
   2.118
   2.119
   2.120
   2.121
   2.122
-----------------------------------------------------------------------------------------------------------------------------------
   2.123
   2.124
   2.125
   2.126
   2.127
-----------------------------------------------------------------------------------------------------------------------------------
   2.128
   2.129
   2.130
   2.131
   2.132
-----------------------------------------------------------------------------------------------------------------------------------
   2.133
   2.134
   2.135
   2.136
   2.137
-----------------------------------------------------------------------------------------------------------------------------------
   2.138
   2.139
   2.140
   2.141
   2.142
-----------------------------------------------------------------------------------------------------------------------------------
   2.143
   2.144
   2.145
   2.146
   2.147
-----------------------------------------------------------------------------------------------------------------------------------
   2.148
   2.149
   2.150
   2.151
   2.152
-----------------------------------------------------------------------------------------------------------------------------------
     3                                                        0.03210%             Actual/360    Hard
     4                                                        0.03210%             Actual/360    Hard
     5                                                        0.03210%             Actual/360    Soft
     6                                                        0.03210%             Actual/360    Hard
     7                                                        0.06210%             Actual/360    Hard
-----------------------------------------------------------------------------------------------------------------------------------
     8                                                        0.03210%             Actual/360    Hard
     9                                                        0.03210%             Actual/360    No
    9.1
    9.2
    10                                                        0.06210%             Actual/360    Hard
-----------------------------------------------------------------------------------------------------------------------------------
    11                                                        0.06210%             Actual/360    No
    12                                                        0.03210%             Actual/360    No
    13                                                        0.03210%             Actual/360    Hard
    14
                                                              0.06210%             Actual/360    Soft
    15                                                        0.03210%             Actual/360    No
    16                                                        0.06210%             Actual/360    No
    17                                                        0.03210%             Actual/360    No
    18                                                        0.03210%             Actual/360    No
    19                                                        0.03210%             Actual/360    No
-----------------------------------------------------------------------------------------------------------------------------------
    20                                                        0.06210%             Actual/360    Hard
    21                                                        0.03210%             Actual/360    No
    22                                                        0.03210%             Actual/360    No
    23                                                        0.06210%             Actual/360    No
    24                                                        0.03210%             Actual/360    No
-----------------------------------------------------------------------------------------------------------------------------------
    25                                                        0.03210%             Actual/360    Hard
    26                                                        0.03210%             Actual/360    Hard
    27

                                                              0.03210%             Actual/360    No
    28                                                        0.09210%             Actual/360    Springing Hard
    29                                                        0.03210%             Actual/360    Soft at Closing, Springing Hard
-----------------------------------------------------------------------------------------------------------------------------------
   29.1
   29.2
   29.3
    30                                                        0.03210%             Actual/360    Springing Hard
    31                                                        0.03210%             Actual/360    No
-----------------------------------------------------------------------------------------------------------------------------------
   31.1
   31.2
   31.3
   31.4
    32                                                        0.03210%             Actual/360    Springing Hard
-----------------------------------------------------------------------------------------------------------------------------------
    33                                                        0.03210%             Actual/360    No
   33.1
   33.2
   33.3
    34                                                        0.03210%             Actual/360    Springing Hard
-----------------------------------------------------------------------------------------------------------------------------------
    35                                                        0.03210%             Actual/360    Springing Hard
    36                                                        0.03210%             Actual/360    Springing Hard
    37                                                        0.03210%             Actual/360    Springing Hard
    38                                                        0.03210%             Actual/360    No
    39                                                        0.03210%             Actual/360    No
-----------------------------------------------------------------------------------------------------------------------------------
    40                                                        0.03210%             Actual/360    Springing Hard
    41                                                        0.03210%             Actual/360    Springing Hard
    42                                                        0.03210%             Actual/360    Springing Hard
    43                                                        0.03210%             Actual/360    Springing Hard
    44                                                        0.06210%             Actual/360    Springing Hard
    45                                                        0.03210%             Actual/360    Springing Hard
    46
                                                              0.06210%             Actual/360    No
    47                                                        0.03210%             Actual/360    Springing Hard
-----------------------------------------------------------------------------------------------------------------------------------
    48                                                        0.03210%             Actual/360    No
    49                                                        0.06210%             Actual/360    Springing Hard
    50                                                        0.03210%             Actual/360    Springing Hard
    51                                                        0.07210%             Actual/360    Springing Hard
-----------------------------------------------------------------------------------------------------------------------------------
    52                                                        0.03210%             Actual/360    Springing Hard
    53                                                        0.03210%             Actual/360    No
    54                                                        0.03210%             Actual/360    Springing Hard
    55                                                        0.03210%             Actual/360    Springing Hard
   55.1
-----------------------------------------------------------------------------------------------------------------------------------
   55.2
    56                                                        0.03210%             Actual/360    Springing Hard
    57
                                                              0.07210%             Actual/360    Springing Hard
    58                                                        0.03210%             Actual/360    Springing Hard
    59                                                        0.03210%             Actual/360    Springing Hard
-----------------------------------------------------------------------------------------------------------------------------------
    60                                                        0.06210%             Actual/360    No
    61                                                        0.03210%             Actual/360    Springing Hard
    62         Walgreen Co.           A+/Aa3                  0.03210%             Actual/360    Hard
    63                                                        0.03210%             Actual/360    No
    64                                                        0.03210%             Actual/360    No
-----------------------------------------------------------------------------------------------------------------------------------
    65                                                        0.03210%             Actual/360    Springing Hard
    66                                                        0.03210%             Actual/360    No
    67                                                        0.09210%             Actual/360    Springing Hard
    68                                                        0.03210%             Actual/360    Springing Hard
    69                                                        0.03210%             Actual/360    Springing Hard
-----------------------------------------------------------------------------------------------------------------------------------
    70                                                        0.03210%             Actual/360    Springing Hard
    71                                                        0.03210%             Actual/360    No
    72                                                        0.03210%             Actual/360    No
    73                                                        0.03210%             Actual/360    Springing Hard
   73.1
-----------------------------------------------------------------------------------------------------------------------------------
   73.2
    74                                                        0.03210%             Actual/360    No
    75                                                        0.03210%             Actual/360    Springing Hard
    76                                                        0.03210%             Actual/360    Springing Hard
    77                                                        0.03210%             Actual/360    Springing Hard
-----------------------------------------------------------------------------------------------------------------------------------
    78                                                        0.03210%             Actual/360    Springing Hard
    79                                                        0.03210%             Actual/360    Springing Hard
    80                                                        0.03210%             Actual/360    Springing Hard
    81                                                        0.03210%             Actual/360    Springing Hard
    82
                                                              0.03210%             Actual/360    Springing Hard
-----------------------------------------------------------------------------------------------------------------------------------
    83                                                        0.03210%             Actual/360    Springing Hard
   83.1
   83.2
    84                                                        0.03210%             Actual/360    Springing Hard
    85                                                        0.03210%             Actual/360    Springing Hard
-----------------------------------------------------------------------------------------------------------------------------------
   85.1
   85.2
    86                                                        0.03210%             Actual/360    Springing Hard
    87                                                        0.03210%             Actual/360    No
    88                                                        0.03210%             Actual/360    No
-----------------------------------------------------------------------------------------------------------------------------------
    89                                                        0.03210%             Actual/360    Springing Hard
   89.1
   89.2
    90                                                        0.03210%             Actual/360    Springing Hard

(Table continues below)

                 Crossed
                   With
    ID          Other Loans
---------------------------------
     1              No
     2              No
    2.1
    2.2
---------------------------------
    2.3
    2.4
    2.5
    2.6
    2.7
---------------------------------
    2.8
    2.9
   2.10
   2.11
   2.12
---------------------------------
   2.13
   2.14
   2.15
   2.16
   2.17
---------------------------------
   2.18
   2.19
   2.20
   2.21
   2.22
---------------------------------
   2.23
   2.24
   2.25
   2.26
   2.27
---------------------------------
   2.28
   2.29
   2.30
   2.31
   2.32
---------------------------------
   2.33
   2.34
   2.35
   2.36
   2.37
---------------------------------
   2.38
   2.39
   2.40
   2.41
   2.42
---------------------------------
   2.43
   2.44
   2.45
   2.46
   2.47
---------------------------------
   2.48
   2.49
   2.50
   2.51
   2.52
---------------------------------
   2.53
   2.54
   2.55
   2.56
   2.57
---------------------------------
   2.58
   2.59
   2.60
   2.61
   2.62
---------------------------------
   2.63
   2.64
   2.65
   2.66
   2.67
---------------------------------
   2.68
   2.69
   2.70
   2.71
   2.72
---------------------------------
   2.73
   2.74
   2.75
   2.76
   2.77
---------------------------------
   2.78
   2.79
   2.80
   2.81
   2.82
---------------------------------
   2.83
   2.84
   2.85
   2.86
   2.87
---------------------------------
   2.88
   2.89
   2.90
   2.91
   2.92
---------------------------------
   2.93
   2.94
   2.95
   2.96
   2.97
---------------------------------
   2.98
   2.99
   2.100
   2.101
   2.102
---------------------------------
   2.103
   2.104
   2.105
   2.106
   2.107
---------------------------------
   2.108
   2.109
   2.110
   2.111
   2.112
---------------------------------
   2.113
   2.114
   2.115
   2.116
   2.117
---------------------------------
   2.118
   2.119
   2.120
   2.121
   2.122
---------------------------------
   2.123
   2.124
   2.125
   2.126
   2.127
---------------------------------
   2.128
   2.129
   2.130
   2.131
   2.132
---------------------------------
   2.133
   2.134
   2.135
   2.136
   2.137
---------------------------------
   2.138
   2.139
   2.140
   2.141
   2.142
---------------------------------
   2.143
   2.144
   2.145
   2.146
   2.147
---------------------------------
   2.148
   2.149
   2.150
   2.151
   2.152
---------------------------------
     3              No
     4              No
     5              No
     6              No
     7              No
---------------------------------
     8              No
     9              No
    9.1
    9.2
    10              No
---------------------------------
    11              No
    12              No
    13              No
    14
                    No
    15              No
    16              No
    17              No
    18              No
    19              No
---------------------------------
    20              No
    21              No
    22              No
    23              No
    24              No
---------------------------------
    25             Yes
    26             Yes
    27

                    No
    28              No
    29              No
---------------------------------
   29.1
   29.2
   29.3
    30              No
    31             Yes
---------------------------------
   31.1
   31.2
   31.3
   31.4
    32              No
---------------------------------
    33             Yes
   33.1
   33.2
   33.3
    34             Yes
---------------------------------
    35             Yes
    36             Yes
    37              No
    38              No
    39              No
---------------------------------
    40              No
    41              No
    42              No
    43              No
    44              No
    45              No
    46
                    No
    47              No
---------------------------------
    48              No
    49              No
    50              No
    51              No
---------------------------------
    52              No
    53              No
    54              No
    55              No
   55.1
--------------------------------
   55.2
    56              No
    57
                    No
    58              No
    59              No
---------------------------------
    60              No
    61              No
    62              No
    63              No
    64              No
---------------------------------
    65              No
    66              No
    67              No
    68              No
    69              No
---------------------------------
    70              No
    71              No
    72              No
    73              No
   73.1
---------------------------------
   73.2
    74              No
    75              No
    76              No
    77              No
---------------------------------
    78              No
    79              No
    80              No
    81              No
    82
                    No
---------------------------------
    83              No
   83.1
   83.2
    84              No
    85              No
---------------------------------
   85.1
   85.2
    86              No
    87              No
    88              No
---------------------------------
    89              No
   89.1
   89.2
    90              No

</TABLE>

<PAGE>

                                   EXHIBIT B-2

                           SERVICING FEE RATE SCHEDULE

COMM 2004-LNB2

<TABLE>
<CAPTION>
Exhibit B-2

                                                   Mortgage    Primary      Master
                                                     Loan      Servicer     Servicer   Trustee
 ID                           Loan Name             Seller     Fee Rate     Fee Rate   Fee Rate
-----------------------------------------------------------------------------------------------
<S>  <C>                                          <C>         <C>        <C>         <C>
 1   Tysons Corner Center                            GACC      0.02000%    0.01000%   0.00210%
 2   AFR/Bank of America Portfolio                   GACC      0.02000%    0.01000%   0.00210%
 3   The Watergate/600 New Hampshire Avenue          GACC      0.02000%    0.01000%   0.00210%
 4   Meadows Mall                                  ABN AMRO    0.02000%    0.01000%   0.00210%
 5   Fairstone at Riverview                          GACC      0.02000%    0.01000%   0.00210%
 6   321 West 44th Street                            GACC      0.02000%    0.01000%   0.00210%
 7   Wenatchee Valley Mall                           GACC      0.05000%    0.01000%   0.00210%
 8   Shoppes at Grand Prairie                        GACC      0.02000%    0.01000%   0.00210%
 9   Wiener Portfolio III                            GACC      0.02000%    0.01000%   0.00210%
 10  1401 Enclave Parkway                           LaSalle    0.05000%    0.01000%   0.00210%
 11  Empirian at Winter Park                         GACC      0.05000%    0.01000%   0.00210%
 12  The Broadway Center                             GACC      0.02000%    0.01000%   0.00210%
 13  Huron Village Shopping Center                  LaSalle    0.02000%    0.01000%   0.00210%
 14  Tantra Lake Apartments                          GACC      0.05000%    0.01000%   0.00210%
 15  1 Northbrook Corporate Center                   GACC      0.02000%    0.01000%   0.00210%
 16  Frenchman's Wharf                               GACC      0.05000%    0.01000%   0.00210%
 17  Hawthorne Apartments                            GACC      0.02000%    0.01000%   0.00210%
 18  Centre Medical Plaza                            GACC      0.02000%    0.01000%   0.00210%
 19  Tesla Park Apartments                           GACC      0.02000%    0.01000%   0.00210%
 20  1301 Connecticut Avenue, Northwest              GACC      0.05000%    0.01000%   0.00210%
 21  151 West 46th Street                            GACC      0.02000%    0.01000%   0.00210%
 22  Northbrook                                      GACC      0.02000%    0.01000%   0.00210%
 23  Willowbrooke Apartments                        LaSalle    0.05000%    0.01000%   0.00210%
 24  Campus Edge Apartments                          GACC      0.02000%    0.01000%   0.00210%
 25  114 Town Park                                   GACC      0.02000%    0.01000%   0.00210%
 26  112 Town Park                                   GACC      0.02000%    0.01000%   0.00210%
 27  Fountainview Townhomes                          GACC      0.02000%    0.01000%   0.00210%
 28  Cambridge Station Apts.                        LaSalle    0.08000%    0.01000%   0.00210%
 29  Centerpointe I II III                           GACC      0.02000%    0.01000%   0.00210%
 30  San Marcos Apartments                          LaSalle    0.02000%    0.01000%   0.00210%
 31  Glenwood Place Portfolio II                     GACC      0.02000%    0.01000%   0.00210%
 32  Club Hill Apartments                           LaSalle    0.02000%    0.01000%   0.00210%
 33  Glenwood Place Portfolio I                      GACC      0.02000%    0.01000%   0.00210%
 34  Woodstock Apartments                           LaSalle    0.02000%    0.01000%   0.00210%
 35  Dogwood Apartments                             LaSalle    0.02000%    0.01000%   0.00210%
 36  Kings Place                                    LaSalle    0.02000%    0.01000%   0.00210%
 37  East Garden Village MHC                        LaSalle    0.02000%    0.01000%   0.00210%
 38  Forest Park Mobile Home Park                    GACC      0.02000%    0.01000%   0.00210%
 39  Centennial Village                             LaSalle    0.02000%    0.01000%   0.00210%
 40  Lone Peak Village                              LaSalle    0.02000%    0.01000%   0.00210%
 41  Office Centre of Tinley Park                   LaSalle    0.02000%    0.01000%   0.00210%
 42  Woodway Pines Apts                             LaSalle    0.02000%    0.01000%   0.00210%
 43  Shops at Clarkson Corner                       LaSalle    0.02000%    0.01000%   0.00210%
 44  Cabot Square                                   LaSalle    0.05000%    0.01000%   0.00210%
 45  Alpha Office Building                           GACC      0.02000%    0.01000%   0.00210%
 46  Park Central                                    GACC      0.05000%    0.01000%   0.00210%
 47  Plymouth Rock MHP/RV                           LaSalle    0.02000%    0.01000%   0.00210%
 48  Hampstead Place Apartments                      GACC      0.02000%    0.01000%   0.00210%
 49  Oakbridge Shopping Centre                      LaSalle    0.05000%    0.01000%   0.00210%
 50  Abbott Pointe Apartments                       LaSalle    0.02000%    0.01000%   0.00210%
 51  Morningside Plaza                              LaSalle    0.06000%    0.01000%   0.00210%
 52  Lake Myers RV                                  LaSalle    0.02000%    0.01000%   0.00210%
 53  Keesler Apartments                             LaSalle    0.02000%    0.01000%   0.00210%
 54  Alta Mesa                                      LaSalle    0.02000%    0.01000%   0.00210%
 55  Douglas Estates MHC and Johnson Village MHC    LaSalle    0.02000%    0.01000%   0.00210%
 56  Madore Building                                LaSalle    0.02000%    0.01000%   0.00210%
 57  Woodlawn Estates/Gaslight Village              LaSalle    0.06000%    0.01000%   0.00210%
 58  Walgreens - Kill Devil Hill                    LaSalle    0.02000%    0.01000%   0.00210%
 59  121 High Hill Road                             LaSalle    0.02000%    0.01000%   0.00210%
 60  Rosemont Country Club Apartment Community      LaSalle    0.05000%    0.01000%   0.00210%
 61  CVS Atlanta                                    LaSalle    0.02000%    0.01000%   0.00210%
 62  Walgreens College Station                       GACC      0.02000%    0.01000%   0.00210%
 63  Fox Den                                        LaSalle    0.02000%    0.01000%   0.00210%
 64  Wyndover Apartments                            LaSalle    0.02000%    0.01000%   0.00210%
 65  Brandemere Apartments                          LaSalle    0.02000%    0.01000%   0.00210%
 66  Waples Mobile Home Park                         GACC      0.02000%    0.01000%   0.00210%
 67  Ardsley Apartments                             LaSalle    0.08000%    0.01000%   0.00210%
 68  Eldorado Mobile Home Estates                   LaSalle    0.02000%    0.01000%   0.00210%
 69  Dundee Meadows MHC                             LaSalle    0.02000%    0.01000%   0.00210%
 70  Mogadore Square Apartments                     LaSalle    0.02000%    0.01000%   0.00210%
 71  Forest Grove                                   LaSalle    0.02000%    0.01000%   0.00210%
 72  Bull Run Mobile Home Park                       GACC      0.02000%    0.01000%   0.00210%
 73  Chiesa Estates & Hill Crest MHC                LaSalle    0.02000%    0.01000%   0.00210%
 74  Chapman Pointe                                 LaSalle    0.02000%    0.01000%   0.00210%
 75  Dolphin Cove Apartments                        LaSalle    0.02000%    0.01000%   0.00210%
 76  Canadian Shores Estates                        LaSalle    0.02000%    0.01000%   0.00210%
 77  Meadow Pines MHP                               LaSalle    0.02000%    0.01000%   0.00210%
 78  Briargate Apartments                           LaSalle    0.02000%    0.01000%   0.00210%
 79  Cottonwood Heights                             LaSalle    0.02000%    0.01000%   0.00210%
 80  Royal Mobile Estates                           LaSalle    0.02000%    0.01000%   0.00210%
 81  Cedarbrook Apartments                          LaSalle    0.02000%    0.01000%   0.00210%
 82  Elmwood Street Apartments                      LaSalle    0.02000%    0.01000%   0.00210%
 83  Windmill and Century Heights Apartments        LaSalle    0.02000%    0.01000%   0.00210%
 84  Georgetown Apartments                          LaSalle    0.02000%    0.01000%   0.00210%
 85  Western Crest and Windridge Apartments         LaSalle    0.02000%    0.01000%   0.00210%
 86  Imperial Courts MHP                            LaSalle    0.02000%    0.01000%   0.00210%
 87  Village Crossing                               LaSalle    0.02000%    0.01000%   0.00210%
 88  Arbor Point Apartments                         LaSalle    0.02000%    0.01000%   0.00210%
 89  Tallow Briar MHP and Sunset Harbor MHP         LaSalle    0.02000%    0.01000%   0.00210%
 90  Smith Lake Shores Village                      LaSalle    0.02000%    0.01000%   0.00210%
</TABLE>

<PAGE>

                                   EXHIBIT C-1

                          FORM OF TRANSFEREE AFFIDAVIT

                                                           AFFIDAVIT PURSUANT TO
                                                       SECTION 860E(e)(4) OF THE
                                                        INTERNAL REVENUE CODE OF
                                                                1986, AS AMENDED
STATE OF NEW YORK    )
                     ) ss:
COUNTY OF NEW YORK   )

                                     , being first duly sworn, deposes and says:

            1. That he/she is a __________________________________ of
__________________________ (the "Purchaser"), a duly organized and existing
under the laws of the State of ____________________________ on behalf of which
he/she makes this affidavit.

            2. That the Purchaser's Taxpayer Identification Number is
______________.

            3. That the Purchaser of the Commercial Mortgage Pass-Through
Certificates, COMM 2004-LNB2, Class [R] [LR] (the "Class [R] [LR] Certificate")
is a Permitted Transferee (as defined in Article I of the Pooling and Servicing
Agreement dated as of March 1, 2004 (the "Pooling and Servicing Agreement"), by
and among Deutsche Mortgage & Asset Receiving Corporation, as depositor, GMAC
Commercial Mortgage Corporation, as servicer, Lennar Partners, Inc., as special
servicer, Wells Fargo Bank, N.A., as trustee, LaSalle Bank National Association,
as bond administrator and paying agent, or is acquiring the Class [R] [LR]
Certificate for the account of, or as agent (including as a broker, nominee, or
other middleman) for, a Permitted Transferee and has received from such person
or entity an affidavit substantially in the form of this affidavit.

            4. That the Purchaser historically has paid its debts as they have
come due and intends to pay its debts as they come due in the future and the
Purchaser intends to pay taxes associated with holding the Class [R] [LR]
Certificate as they become due.

            5. That the Purchaser understands that it may incur tax liabilities
with respect to the Class [R] [LR] Certificate in excess of any cash flow
generated by the Class [R] [LR] Certificate.

            6. That the Purchaser will not transfer the Class [R] [LR]
Certificate to any person or entity from which the Purchaser has not received an
affidavit substantially in the form of this affidavit or as to which the
Purchaser has actual knowledge that the requirements set forth in paragraph 3,
paragraph 4 or paragraph 7 hereof are not satisfied or that the Purchaser has
reason to know does not satisfy the requirements set forth in paragraph 4
hereof.

            7. That the Purchaser is not a Disqualified Non-U.S. Person and is
not purchasing the Class [R] [LR] Certificate for the account of, or as an agent
(including as a broker, nominee or other middleman) for, a Disqualified Non-U.S.
Person.

            8. That the Purchaser agrees to such amendments of the Pooling and
Servicing Agreement as may be required to further effectuate the restrictions on
transfer of the Class [R] [LR] Certificate to such a "disqualified
organization," an agent thereof, or a person that does not satisfy the
requirements of paragraph 4, paragraph 7 and paragraph 11 hereof.

            9. That, if a "tax matters person" is required to be designated with
respect to the [the Upper-Tier REMIC] [the Loan REMIC or the Lower-Tier REMIC]],
the Purchaser agrees to act as "tax matters person" and to perform the functions
of "tax matters partner" of the [the Upper-Tier REMIC] [Loan REMIC or the
Lower-Tier REMIC] pursuant to Section 4.04 of the Pooling and Servicing
Agreement, and agrees to the irrevocable designation of the Bond Administrator
as the Purchaser's agent in performing the function of "tax matters person" and
"tax matters partner."

            10. The Purchaser agrees to be bound by and to abide by the
provisions of Section 5.02 of the Pooling and Servicing Agreement concerning
registration of the transfer and exchange of the Class [R] [LR] Certificate.

            11. The Purchaser agrees not to transfer the Class [R] [LR]
Certificate such that the income therefrom would be attributable to a foreign
permanent establishment or fixed base, within the meaning of an applicable
income tax treaty, of the Purchaser or any other U.S. Person.

            12. Check the applicable paragraph:

      / /   The present value of the anticipated tax liabilities associated with
            holding the Class [R] [LR] Certificate, as applicable, does not
            exceed the sum of:

            (i)   the present value of any consideration given to the Purchaser
                  to acquire such Class [R] [LR] Certificate;

            (ii)  the present value of the expected future distributions on such
                  Certificate; and

            (iii) the present value of the anticipated tax savings associated
                  with holding such Class [R] [LR] Certificate as the related
                  REMIC generates losses.

            For purposes of this calculation, (i) the Purchaser is assumed to
pay tax at the highest rate currently specified in Section 11(b) of the Code
(but the tax rate in Section 55(b)(1)(B) of the Code may be used in lieu of the
highest rate specified in Section 11(b) of the Code if the Purchaser has been
subject to the alternative minimum tax under Section 55 of the Code in the
preceding two years and will compute its taxable income in the current taxable
year using the alternative minimum tax rate) and (ii) present values are
computed using a discount rate equal to the short-term Federal rate prescribed
by Section 1274(d) of the Code for the month of the transfer and the compounding
period used by the Purchaser.

      / /   The transfer of the Class [R] [LR] Certificate complies with U.S.
            Treasury Regulations Sections 1.860E-1(c)(5) and (6) and,
            accordingly,

            (i)   the Purchaser is an "eligible corporation," as defined in U.S.
                  Treasury Regulations Section 1.860E-1(c)(6)(i), as to which
                  income from the Class [R] [LR] Certificate will only be taxed
                  in the United States;

            (ii)  at the time of the transfer, and at the close of the
                  Purchaser's two fiscal years preceding the year of the
                  transfer, the Purchaser had gross assets for financial
                  reporting purposes (excluding any obligation of a person
                  related to the Purchaser within the meaning of U.S. Treasury
                  Regulations Section 1.860E-1(c)(6)(ii)) in excess of $100
                  million and net assets in excess of $10 million;

            (iii) the Purchaser will transfer the Class [R] [LR] Certificate
                  only to another "eligible corporation," as defined in U.S.
                  Treasury Regulations Section 1.860E-1(c)(6)(i), in a
                  transaction that satisfies the requirements of Sections
                  1.860E-1(c)(4)(i), (ii) and (iii) and Section 1.860E-1(c)(5)
                  of the U.S. Treasury Regulations; and

            (iv)  the Purchaser determined the consideration paid to it to
                  acquire the Class [R] [LR] Certificate based on reasonable
                  market assumptions (including, but not limited to, borrowing
                  and investment rates, prepayment and loss assumptions, expense
                  and reinvestment assumptions, tax rates and other factors
                  specific to the Purchaser) that it has determined in good
                  faith.

      / /   None of the above.

            Capitalized terms used but not defined herein have the respective
meanings ascribed to such terms in the Pooling and Servicing Agreement.

            IN WITNESS WHEREOF, the Purchaser has caused this instrument to be
executed on its behalf by its _____________________________ this _____ day of
_______, 20___.

                                          [Purchaser]

                                          By: __________________________________
                                             Name:
                                             Title:

<PAGE>

            Personally appeared before me the above-named ___________________,
known or proved to me to be the same person who executed the foregoing
instrument and to be the _____________________________ of the Purchaser, and
acknowledged to me that he/she executed the same as his/her free act and deed
and the free act and deed of the Purchaser.

            Subscribed and sworn before me this ___ day of _______, 20___.

______________________________________
NOTARY PUBLIC

COUNTY OF ____________________________

STATE OF _____________________________

My commission expires the     day of     , 200  .

<PAGE>

                                   EXHIBIT C-2

                            FORM OF TRANSFEROR LETTER

                                     [Date]

LaSalle Bank National Association,
as Bond Administrator, Paying Agent and Certificate Registrar
135 South LaSalle Street
Chicago, Illinois 60603
Attention:  Asset-Backed Securities Trust Services Group-COMM 2004-LNB2

      Re:   Commercial Mortgage Pass-Through Certificates, COMM 2004-LNB2, Class
            [R][LR]
            --------------------------------------------------------------------

Ladies and Gentlemen:

            [Transferor] has reviewed the attached affidavit of [Transferee],
and has no actual knowledge that such affidavit is not true or that [Transferee]
is not a Permitted Transferee (as defined in the Pooling and Servicing Agreement
defined in the attached affidavit) and has no actual knowledge or reason to know
that the information contained in paragraphs 4, 7 or 11 thereof is not true.

                                          Very truly yours,

                                          [Transferor]

                                          By: __________________________________
                                             Name:
                                             Title:

<PAGE>

                                   EXHIBIT D-1

                    FORM OF INVESTMENT REPRESENTATION LETTER

LaSalle Bank National Association,
as Bond Administrator, Paying Agent and Certificate Registrar
135 South LaSalle Street
Chicago, Illinois 60603
Attention:  Asset-Backed Securities Trust Services Group-COMM 2004-LNB2

Deutsche Mortgage & Asset Receiving Corporation
60 Wall Street
New York, New York  10005

      Re:   Transfer of Commercial Mortgage Pass-Through Certificates, COMM
            2004-LNB2: Class [X-1][X-2][F][G][H][J][K][L][M][N][O][P][R][LR]
            ----------------------------------------------------------------

Ladies and Gentlemen:

            This letter is delivered pursuant to Section 5.02 of the Pooling and
Servicing Agreement dated as of March 1, 2004 (the "Pooling and Servicing
Agreement"), by and among Deutsche Mortgage & Asset Receiving Corporation, as
depositor, GMAC Commercial Mortgage Corporation, as servicer (the "Servicer"),
Lennar Partners, Inc., as special servicer (the "Special Servicer"), Wells Fargo
Bank, N.A., as trustee (the "Trustee") and LaSalle Bank National Association, as
bond administrator and paying agent (the "Bond Administrator") on behalf of the
holders of Commercial Mortgage Pass-Through Certificates, COMM 2004-LNB2 (the
"Certificates") in connection with the transfer by (the "Seller") to the
undersigned (the "Purchaser") of [$___ aggregate Certificate Balance][ %
Percentage Interest] of Class [X-1][X-2][F][G][H][J][K][L][M][N][O][P][R][LR]
Certificates, in certificated fully registered form (such registered interest,
the "Certificate"). Terms used but not defined herein shall have the meanings
ascribed thereto in the Pooling and Servicing Agreement.

            In connection with such transfer, the undersigned hereby represents
and warrants to you as follows:

            [For Institutional Accredited Investors only] 1. The Purchaser is an
institutional investor and an "accredited investor" (an entity meeting the
requirements of Rule 501 (a)(1), (2), (3) or (7) of Regulation D under the
Securities Act of 1933, as amended (the "1933 Act")) and has such knowledge and
experience in financial and business matters as to be capable of evaluating the
merits and risks of the investment in the Certificate, and we and any accounts
for which we are acting are each able to bear the economic risk of our or its
investment. The Purchaser is acquiring the Certificate for its own account or
for one or more accounts (each of which is an "institutional accredited
investor") as to each of which the Purchaser exercises sole investment
discretion. The Purchaser hereby undertakes to reimburse the Trust for any costs
incurred by it in connection with this transfer.

            [For Qualified Institutional Buyers only] 1. The Purchaser is a
"qualified institutional buyer" within the meaning of Rule 144A ("Rule 144A")
promulgated under the Securities Act of 1933, as amended (the "1933 Act"). The
Purchaser is aware that the transfer is being made in reliance on Rule 144A, and
the Purchaser has had the opportunity to obtain the information required to be
provided pursuant to paragraph (d)(4)(i) of Rule 144A.

            [For Affiliated Persons only]. 1. The Purchaser is a person involved
in the organization or operation of the issuer or an affiliate of such a person,
as defined in Rule 405 of the Securities Act of 1933, as amended (the "1933
Act").

            2. The Purchaser's intention is to acquire the Certificate (a) for
investment for the Purchaser's own account or (b) for resale to (i) "qualified
institutional buyers" in transactions under Rule 144A, or (ii) institutional
"accredited investors" meeting the requirements of Rule 501(a)(1), (2), (3) or
(7) of Regulation D promulgated under the 1933 Act, pursuant to any other
exemption from the registration requirements of the 1933 Act, subject in the
case of this clause (ii) to (a) the receipt by the Certificate Registrar of a
letter substantially in the form hereof, (b) the receipt by the Certificate
Registrar of an opinion of counsel acceptable to the Certificate Registrar that
such reoffer, resale, pledge or transfer is in compliance with the 1933 Act, (c)
the receipt by the Certificate Registrar of such other evidence acceptable to
the Certificate Registrar that such reoffer, resale, pledge or transfer is in
compliance with the 1933 Act and other applicable laws, and (d) a written
undertaking to reimburse the Trust for any costs incurred by it in connection
with the proposed transfer. It understands that the Certificate (and any
subsequent Individual Certificate) has not been registered under the 1933 Act,
by reason of a specified exemption from the registration provisions of the 1933
Act which depends upon, among other things, the bona fide nature of the
Purchaser's investment intent (or intent to resell to only certain investors in
certain exempted transactions) as expressed herein.

            3. The Purchaser acknowledges that the Certificate (and any
Certificate issued on transfer or exchange thereof) has not been registered or
qualified under the 1933 Act or the securities laws of any State or any other
jurisdiction, and that the Certificate cannot be resold unless it is registered
or qualified thereunder or unless an exemption from such registration or
qualification is available.

            4. The Purchaser has reviewed the Private Placement Memorandum dated
February 27, 2004 relating to the Certificates (the "Private Placement
Memorandum") and the agreements and other materials referred to therein and has
had the opportunity to ask questions and receive answers concerning the terms
and conditions of the transactions contemplated by the Private Placement
Memorandum.

            5. The Purchaser hereby undertakes to be bound by the terms and
conditions of the Pooling and Servicing Agreement in its capacity as an owner of
an Individual Certificate or Certificates, as the case may be (each, a
"Certificateholder"), in all respects as if it were a signatory thereto. This
undertaking is made for the benefit of the Trust, the Certificate Registrar and
all Certificateholders present and future.

            6. The Purchaser will not sell or otherwise transfer any portion of
the Certificate, except in compliance with Section 5.02 of the Pooling and
Servicing Agreement.

            7. Check one of the following:

            The Purchaser is a "U.S. Person" and it has attached hereto an
Internal Revenue Service ("IRS") Form W-9 (or successor form).

      / /   The Purchaser is not a "U.S. Person" and under applicable law in
            effect on the date hereof, no taxes will be required to be withheld
            by the Certificate Registrar (or its agent) with respect to
            Distributions to be made on the Certificate(s).

      / /   The Purchaser has attached hereto [(i) a duly executed IRS Form
            W-8BEN (or successor form), which identifies such Purchaser as the
            beneficial owner of the Certificate(s) and states that such
            Purchaser is not a U.S. Person, (ii) two duly executed copies of IRS
            Form W-8IMY (and all appropriate attachment or (iii)]* two duly
            executed copies of IRS Form W-8ECI (or successor form), which
            identify such Purchaser as the beneficial owner of the
            Certificate(s) and state that interest and original issue discount
            on the U.S. Securities is, or is expected to be, effectively
            connected with a U.S. trade or business. The Purchaser agrees to
            provide to the Certificate Registrar updated [IRS Form W-8BEN, IRS
            Form W-8IMY or]* IRS Form W-8ECI[, as the case may be]*, any
            applicable successor IRS forms, or such other certifications as the
            Certificate Registrar may reasonably request, on or before the date
            that any such IRS form or certification expires or becomes obsolete,
            or promptly after the occurrence of any event requiring a change in
            the most recent IRS form of certification furnished by it to the
            Certificate Registrar.

For this purpose, "U.S. Person" means a citizen or resident of the United States
for U.S. federal income tax purposes, a corporation, partnership (except to the
extent provided in applicable Treasury Regulations) or other entity created or
organized in or under the laws of the United States or any of its political
subdivisions, an estate the income of which is subject to U.S. federal income
taxation 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 United States fiduciaries have the authority to control
all substantial decisions of such trust (or, to the extent provided in
applicable Treasury Regulations, certain trusts in existence on August 20, 1996
which are eligible to elect to be treated as U.S. Persons).

--------------------------
*  Delete for Class R and Class LR.

<PAGE>

Please make all payments due on the Certificates:**

      (a)   by wire transfer to the following account at a bank or entity in New
            York, New York, having appropriate facilities therefor:

            Account number:________________________

            Institution:___________________________

      (b)   by mailing a check or draft to the following address:

            ________________________________________________

            ________________________________________________

            ________________________________________________

                                       Very truly yours,

                                       _________________________________________
                                       [The Purchaser]

                                       By:______________________________________
                                          Name:
                                          Title:

Dated:

--------------------------
**    Only to be filled out by Purchasers of Individual Certificates. Please
      select (a) or (b).

<PAGE>

                                   EXHIBIT D-2

                       FORM OF ERISA REPRESENTATION LETTER

                                     [Date]

LaSalle Bank National Association,
as Bond Administrator, Paying Agent and Certificate Registrar
135 South LaSalle Street
Chicago, Illinois 60603
Attention:  Asset-Backed Securities Trust Services Group-COMM 2004-LNB2

Deutsche Mortgage & Asset Receiving Corporation
60 Wall Street
New York, New York  10005
Attention: Helaine M. Kaplan

            Re:   Commercial Mortgage Pass-Through Certificates, COMM 2004-LNB2,
                  Class [J][K][L][M][N][O][P][R][LR]
                  --------------------------------------------------------------

Ladies and Gentlemen:

                     (the "Purchaser") intends to purchase from (the "Seller") $
initial Certificate Balance or % Percentage Interest of Commercial Mortgage
Pass-Through Certificates, COMM 2004-LNB2, Class [J][K][L][M][N][O][P][R][LR],
CUSIP No. (the "Certificates"), issued pursuant to the Pooling and Servicing
Agreement dated as of March 1, 2004 (the "Pooling and Servicing Agreement"), by
and among Deutsche Mortgage & Asset Receiving Corporation, as depositor, GMAC
Commercial Mortgage Corporation, as servicer (the "Servicer"), Lennar Partners,
Inc., as special servicer (the "Special Servicer"), Wells Fargo Bank, N.A., as
trustee (the "Trustee") and LaSalle Bank National Association, as bond
administrator and paying agent (the "Bond Administrator"). All capitalized terms
used herein and not otherwise defined shall have the meaning set forth in the
Pooling and Servicing Agreement. The Purchaser hereby certifies, represents and
warrants to, and covenants with, the Depositor, the Certificate Registrar and
the Bond Administrator that:

            1. The Purchaser is not (a) an employee benefit plan or other
retirement arrangement, including an individual retirement account or a Keogh
plan, which is subject to the Employee Retirement Income Security Act of 1974,
as amended ("ERISA"), Section 4975 of the Code, a governmental plan, as defined
in Section 3(32) of ERISA, or other plan subject to any federal, state or local
law ("Similar Law") which is to a material extent similar to the foregoing
provisions of ERISA or the Code (each, a "Plan"), or (b) a collective investment
fund in which such Plans are invested, an insurance company using assets of
separate accounts or general accounts which include assets of Plans (or which
are deemed pursuant to ERISA or any Similar Law to include assets of Plans) or
other Person acting on behalf of any such Plan or using the assets of any such
Plan, other than (except in the case of the Class R and Class LR Certificates)
an insurance company using the assets of its general account under circumstances
whereby such purchase and the subsequent holding of such Certificate by such
insurance company would be exempt from the prohibited transaction provisions of
Section 406 and 407 of ERISA and Section 4975 of the Code under Sections I and
III of PTCE 95-60, or a substantially similar exemption under Similar Law; and

            2. The Purchaser understands that if the Purchaser is a Person
referred to in 1(a) or 1(b) above, except in the case of the Class R or Class LR
Certificates, which may not be transferred unless the transferee represents it
is not such a Person, such Purchaser is required to provide to the Depositor,
the Bond Administrator and the Certificate Registrar any Opinions of Counsel,
officers' certificates or agreements as may be required by such Persons, and
which establishes to the satisfaction of the Depositor, the Bond Administrator
and the Certificate Registrar that the purchase and holding of the Certificates
by or on behalf of a Plan will not constitute or result in a prohibited
transaction within the meaning of Section 406 and Section 407 of ERISA or
Section 4975 of the Code or any corresponding provision of any Similar Law, and
will not subject the Depositor, the Trustee, the Servicer, the Special Servicer,
the Bond Administrator or the Certificate Registrar to any obligation or
liability (including obligations or liabilities under ERISA, Section 4975 of the
Code or Similar Law), which Opinions of Counsel, officers' certificates or
agreements shall not be at the expense of the Servicer, the Depositor, the
Trustee, the Bond Administrator or the Certificate Registrar.

            IN WITNESS WHEREOF, the Purchaser hereby executes this ERISA
Representation Letter on this ____ day of _________, 20___.

                                       Very truly yours,

                                       [Purchaser]

                                       By:____________________________________
                                          Name:
                                          Title:

<PAGE>

                                    EXHIBIT E

                               REQUEST FOR RELEASE

                                                [Date]

Wells Fargo Bank, N.A.
Wells Fargo Center
Sixth Street and Marquette Avenue
Minneapolis, Minnesota 55479-0113
Attention: Corporate Trust Services - COMM 2004-LNB2

            Re: Commercial Mortgage Pass-Through Certificates, COMM 2004-LNB2
                -------------------------------------------------------------

Dear __________________:

            In connection with the administration of the Mortgage Files held by,
or on behalf of, you as Custodian under a certain Pooling and Servicing
Agreement, dated as of March 1, 2004 (the "Pooling and Servicing Agreement"), by
and among Wells Fargo Bank, N.A., as trustee, LaSalle Bank National Association,
as bond administrator and paying agent, Deutsche Mortgage & Asset Receiving
Corporation, as depositor, GMAC Commercial Mortgage Corporation, as servicer and
Lennar Partners, Inc., as special servicer, the undersigned hereby requests a
release of the Mortgage File (or the portion thereof specified below) held by
you as Custodian with respect to the following described Mortgage Loan for the
reason indicated below:

            Mortgagor's Name:

            Address:

            Loan No.:

            If only particular documents in the Mortgage File are requested,
please specify which:

            Reason for requesting file (or portion thereof):

            _____ 1. Mortgage Loan paid in full. Such [Servicer] [Special
Servicer] hereby certifies that all amounts received in connection with the
Mortgage Loan have been or will be, following such [Servicer's] [Special
Servicer's] release of the Mortgage File, credited to the Certificate Account
pursuant to the Pooling and Servicing Agreement.

            _____ 2. The Mortgage Loan is being foreclosed.

            _____ 3. Other. (Describe)

            The undersigned acknowledges that the above Mortgage File (or
requested portion thereof) will be held by the undersigned in accordance with
the provisions of the Pooling and Servicing Agreement and will be returned to
you or your designee within ten (10) days of our receipt thereof, unless the
Mortgage Loan has been paid in full, in which case the Mortgage File (or such
portion thereof) will be retained by us permanently, or unless the Mortgage Loan
is being foreclosed, in which case the Mortgage File (or such portion thereof)
will be returned when no longer required by us for such purpose.

            Capitalized terms used but not defined herein shall have the meaning
ascribed to them in the Pooling and Servicing Agreement.

                                       [SERVICER][SPECIAL SERVICER]

                                       By: ___________________________________

                                          Name: ______________________________

                                          Title:______________________________

cc:   Wells Fargo Bank, N.A.
      as Trustee
      9062 Old Annapolis Road
      Columbia, Maryland 21045
      Attention:  Corporate Trust Services (CMBS), COMM 2004-LNB2

<PAGE>

                                    EXHIBIT F

            THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
            1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY STATE SECURITIES
            LAWS. NEITHER THIS CERTIFICATE NOR ANY INTEREST OR PARTICIPATION
            HEREIN MAY BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED,
            ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH
            REGISTRATION OR UNLESS SUCH TRANSACTION IS EXEMPT FROM, OR NOT
            SUBJECT TO, REGISTRATION UNDER THE SECURITIES ACT.

            THE HOLDER OF THIS CERTIFICATE BY ITS ACCEPTANCE HEREOF AGREES NOT
            TO OFFER, SELL OR OTHERWISE TRANSFER SUCH CERTIFICATE EXCEPT IN
            ACCORDANCE WITH ALL APPLICABLE STATE SECURITIES LAWS AND (A)
            PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED
            EFFECTIVE UNDER THE SECURITIES ACT, (B) FOR SO LONG AS THIS
            CERTIFICATE IS ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE
            SECURITIES ACT ("RULE 144A"), TO A PERSON WHOM THE SELLER REASONABLY
            BELIEVES IS A "QUALIFIED INSTITUTIONAL BUYER" (AS DEFINED IN RULE
            144A) IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A, (C)
            (OTHER THAN WITH RESPECT TO A RESIDUAL CERTIFICATE) TO AN
            INSTITUTIONAL "ACCREDITED INVESTOR" WITHIN THE MEANING OF RULE 501
            (a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT IN
            A TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS UNDER THE
            SECURITIES ACT, (D) (OTHER THAN WITH RESPECT TO A RESTRICTED
            CERTIFICATE (WITHOUT GIVING EFFECT TO CLAUSE (b)(ii) OF THE
            DEFINITION THEREOF)) IN AN OFFSHORE TRANSACTION MEETING THE
            REQUIREMENTS OF RULE 903 OR RULE 904 OF REGULATION S UNDER THE
            SECURITIES ACT OR (E) (OTHER THAN WITH RESPECT TO A RESIDUAL
            CERTIFICATE) PURSUANT TO ANOTHER AVAILABLE EXEMPTION FROM THE
            REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, SUBJECT IN EACH OF
            THE FOREGOING CASES TO THE COMPLETION AND DELIVERY BY THE TRANSFEROR
            TO THE CERTIFICATE REGISTRAR OF A CERTIFICATE OF TRANSFER IN THE
            FORM APPEARING ON THE LAST TWO PAGES OF THIS CERTIFICATE.

THE INITIAL INVESTOR IN THIS CERTIFICATE, AND EACH SUBSEQUENT PURCHASER OF THIS
CERTIFICATE, BY PURCHASING THIS CERTIFICATE OR AN INTEREST HEREIN, IS DEEMED TO
HAVE AGREED TO COMPLY WITH CERTAIN TRANSFER REQUIREMENTS SET FORTH IN THE
POOLING AND SERVICING AGREEMENT. A TRANSFEREE IS ALSO REQUIRED TO DELIVER AN
INVESTMENT REPRESENTATION LETTER SUBSTANTIALLY IN THE FORM OF EXHIBIT D-1 TO THE
POOLING AND SERVICING AGREEMENT IF SUCH TRANSFEREE IS A QUALIFIED INSTITUTIONAL
BUYER OR (OTHER THAN WITH RESPECT TO A RESIDUAL CERTIFICATE) AN INSTITUTIONAL
ACCREDITED INVESTOR, AND MAY ALSO BE REQUIRED TO DELIVER AN OPINION OF COUNSEL
IF SUCH TRANSFEREE IS NOT A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF
RULE 144A.

<PAGE>

                                    EXHIBIT G

                    FORM OF REGULATION S TRANSFER CERTIFICATE

LaSalle Bank National Association,
as Bond Administrator, Paying Agent and Certificate Registrar
135 South LaSalle Street, Suite 1625
Chicago, Illinois 60603

Attention:  Asset-Backed Securities Trust Services Group--
            COMM 2004-LNB2

            Re:   Transfer of COMM 2004-LNB2, Commercial Mortgage Pass-Through
                  Certificates, Class [ ]
                  ------------------------------------------------------------

Ladies and Gentlemen:

            This certificate is delivered pursuant to Section 5.02 of the
Pooling and Servicing Agreement dated as of March 1, 2004 (the "Pooling and
Servicing Agreement"), by and among Deutsche Mortgage & Asset Receiving
Corporation, as depositor, (the "Depositor") GMAC Commercial Mortgage
Corporation, as servicer (the "Servicer"), Lennar Partners, Inc., as special
servicer (the "Special Servicer"), LaSalle Bank National Association, as bond
administrator and paying agent (the "Bond Administrator"), and Wells Fargo Bank,
N.A., as trustee (the "Trustee"), on behalf of the holders of the COMM
2004-LNB2, Commercial Mortgage Pass-Through Certificates, Class [___] (the
"Certificates") in connection with the transfer by the undersigned (the
"Transferor") to ______________ (the "Transferee") of $___________________
Certificate Balance of Certificates, in fully registered form (each, an
"Individual Certificate"), or a beneficial interest of such aggregate
Certificate Balance in the Regulation S Global Certificate (the "Global
Certificate") maintained by The Depository Trust Company or its successor as
Depositary under the Pooling and Servicing Agreement (such transferred interest,
in either form, being the "Transferred Interest").

            In connection with such transfer, the Transferor does hereby certify
that such transfer has been effected in accordance with the transfer
restrictions set forth in the Pooling and Servicing Agreement and the
Certificates and (i) with respect to transfers made in accordance with
Regulation S ("Regulation S") promulgated under the Securities Act of 1933, as
amended (the "Securities Act"), the Transferor does hereby certify that:

            (1) the offer of the Transferred Interest was not made to a person
in the United States;

            [(2) at the time the buy order was originated, the Transferee was
outside the United States or the Transferor and any person acting on its behalf
reasonably believed that the Transferee was outside the United States;]*

            [(2) the transaction was executed in, on or through the facilities
of a designated offshore securities market and neither there undersigned nor any
person acting on its behalf knows that the transaction was pre-arranged with a
buyer in the United States;]*

            (3) no directed selling efforts have been made in contravention of
the requirements of Rule 903(b) or 904(b) of Regulation S, as applicable; and

            (4) the transaction is not part of a plan or scheme to evade the
registration requirements of the Securities Act.

---------------------
* Insert  one of these  two  provisions,  which  come from the  definition  of
"offshore transaction" in Regulation S.

<PAGE>

or (ii) with  respect  to  transfers  made in  reliance  on Rule 144 under the
Securities Act, the Transferor does hereby certify that the Certificates  that
are being  transferred are not "restricted  securities" as defined in Rule 144
under the Securities Act.

            This certificate and the statements  contained herein are made for
your  benefit  and  the  benefit  of the  Depositor,  the  Trustee,  the  Bond
Administrator, the Servicer and the Special Servicer.

                                       ________________________________________
                                          Transferor

                                       By: ____________________________________
                                          Name:
                                          Title:

Dated: ________________, 20__

<PAGE>

                                    EXHIBIT H

                          FORM OF TRANSFER CERTIFICATE
                     FOR EXCHANGE OR TRANSFER FROM RULE 144A
                    GLOBAL CERTIFICATE TO REGULATION S GLOBAL
                    CERTIFICATE DURING THE RESTRICTED PERIOD

          (Exchanges or transfers pursuant to Section 5.02(c)(ii)(A) of
                      the Pooling and Servicing Agreement)

LaSalle Bank National Association,
as Bond Administrator, Paying Agent and Certificate Registrar
135 South LaSalle Street, Suite 1625
Chicago, Illinois 60603

Attention:  Asset-Backed Securities Trust Services Group--
            COMM 2004-LNB2

            Re:   Transfer of COMM 2004-LNB2 Commercial Mortgage Pass-Through
                  Certificates, Class [ ]
                  -----------------------------------------------------------

            Reference is hereby made to the Pooling and Servicing Agreement
dated as of March 1, 2004, (the "Pooling and Servicing Agreement"), by and among
Deutsche Mortgage Asset & Receiving Corporation, as depositor, (the "Depositor")
GMAC Commercial Mortgage Corporation, as servicer (the "Servicer"), Lennar
Partners, Inc., as special servicer (the "Special Servicer"), LaSalle Bank
National Association, as bond administrator and paying agent (the "Bond
Administrator") and Wells Fargo Bank, N.A., as trustee (the "Trustee").
Capitalized terms used but not defined herein shall have the meanings given to
them in the Pooling and Servicing Agreement.

            This letter relates to US $[______________] aggregate Certificate
Balance of Certificates (the "Certificates") which are held in the form of Rule
144A Global Certificate (CUSIP No. _____________) with the Depository in the
name of [insert name of transferor] (the "Transferor"). The Transferor has
requested a transfer of such beneficial interest for an interest in the
Regulation S Global Certificate (CUSIP No. ____________) to be held with
[Euroclear] [Clearstream Banking]* (Common Code) through the Depositary.

            In connection with such request and in respect of such Certificates,
the Transferor does hereby certify that such transfer has been effected in
accordance with the Transfer restrictions set forth in the Pooling and Servicing
Agreement and pursuant to and in accordance with Regulation S under the
Securities Act of 1933, as amended (the "Securities Act"), and accordingly the
Transferor does hereby certify that:

            (1) the offer of the Certificates was not made to a person in the
United States,

            [(2) at the time the buy order was originated, the transferee was
outside the United States or the Transferor and any persons acting on its behalf
reasonably believed that the Transferee was outside the United States,]**

            (3) no directed selling efforts have been made in contravention of
the requirements of Rule 903(b) or 904(b) of Regulation S, as applicable, and

            (4) the transaction is not part of a plan or scheme to evade the
registration requirements of the Securities Act.

---------------------

*     Select appropriate depositary.

**    Insert one of these two provisions, which come from the definition of
      "offshore transaction" in Regulation S.

<PAGE>

            This certificate and the statements contained herein are made for
your benefit and the benefit of the Depositor, the Trustee, the Servicer, the
Special Servicer and the Bond Administrator.

                                       [Insert Name of Transferor]

                                       By: _____________________________________
                                          Name:
                                          Title:

Dated: ________________________, 20__

<PAGE>

                                    EXHIBIT I

                          FORM OF TRANSFER CERTIFICATE
                     FOR EXCHANGE OR TRANSFER FROM RULE 144A
                    GLOBAL CERTIFICATE TO REGULATION S GLOBAL
                     CERTIFICATE AFTER THE RESTRICTED PERIOD

                       (Exchange or transfers pursuant to
         Section 5.02(c)(ii)(B) of the Pooling and Servicing Agreement)

LaSalle Bank National Association,
as Bond Administrator, Paying Agent and Certificate Registrar
135 South LaSalle Street, Suite 1625
Chicago, Illinois 60603

Attention:  Asset-Backed Securities Trust Services Group--
            COMM 2004 LNB2

      Re:   Transfer of COMM 2004-LNB2 Commercial Mortgage Pass-Through
            Certificates Class [ ]
            -----------------------------------------------------------

            Reference is hereby made to the Pooling and Servicing Agreement
dated as of March 1, 2004 (the "Pooling and Servicing Agreement"), by and among
Deutsche Mortgage Asset & Receiving Corporation, as depositor, (the "Depositor")
GMAC Commercial Mortgage Corporation, as servicer (the "Servicer"), Lennar
Partners, Inc., as special servicer (the "Special Servicer"), LaSalle Bank
National Association, as bond administrator and paying agent (the "Bond
Administrator"), and Wells Fargo Bank, N.A, as trustee (the "Trustee").
Capitalized terms used but not defined herein shall have the meanings given to
them in the Pooling and Servicing Agreement.

            The letter relates to U.S. $[_____________] aggregate Certificate
Balance of Certificates (the "Certificates") which are held in the form of the
Rule 144A Global Certificate (CUSIP No. _________) with the Depository in the
name of [insert name of transferor] (the "Transferor"). The Transferor has
requested a transfer of such beneficial interest in the Certificates for an
interest in the Regulation S Global Certificate (Common Code No. _____).

            In connection with such request, and in respect of such
Certificates, the Transferor does hereby certify that such transfer has been
effected in accordance with the transfer restrictions set forth in the Pooling
and Servicing Agreement and, (i) with respect to transfers made in reliance on
Regulation S under the Securities Act of 1933, as amended (the "Securities
Act"), the Transferor does hereby certify that:

            (1) the offer of the Certificates was not made to a person in the
United States,

            [(2) at the time the buy order was originated, the transferee was
outside the United States or the Transferor and any person acting on its behalf
reasonably believed that the transferee was outside the United States,]*

            [(2) the transaction was executed in, on or through the facilities
of a designated offshore securities market and neither the Transferor nor any
person acting on its behalf knows that the transaction was pre-arranged with a
buyer in the United States,]*

            (3) no directed selling efforts have been made in contravention of
the requirements of Rule 903(b) or 904(b) of Regulation S, as applicable, and

---------------------
*     Insert one of these two provisions, which come from the definition of
      "offshore transaction" in Regulation S.

<PAGE>

            (4) the transaction is not part of a plan or scheme to evade the
registration requirements of the Securities Act;

or (ii) with respect to transfers made in reliance on Rule 144 under the
Securities Act, the Transferor does hereby certify that the Certificates that
are being transferred are not "restricted securities" as defined in Rule 144
under the Securities Act.

            This certificate and the statements contained herein are made for
your benefit and the benefit of the Depositor, the Trustee, the Bond
Administrator, the Servicer and the Special Servicer.

                                       [Insert Name of Transferor]

                                       By: _____________________________________
                                          Name:
                                          Title:

Dated: _______________, 20___

<PAGE>

                                    EXHIBIT J

                          FORM OF TRANSFER CERTIFICATE
                FOR EXCHANGE OR TRANSFER FROM REGULATION S GLOBAL
                   CERTIFICATE TO RULE 144A GLOBAL CERTIFICATE

            (Exchange or transfers pursuant to Section 5.02(c)(ii)(C)
                     of the Pooling and Servicing Agreement)

LaSalle Bank National Association,
as Bond Administrator, Paying Agent and Certificate Registrar
135 South LaSalle Street, Suite 1625
Chicago, Illinois 60603

Attention:  Corporate Trust Administration

      Re:   Transfer of COMM 2004-LNB2 Commercial Mortgage Pass-Through
            Certificates, Class [ ]
            -----------------------------------------------------------

            Reference is hereby made to the Pooling and Servicing Agreement
dated as of March 1, 2004 (the "Pooling and Servicing Agreement"), by and among
Deutsche Mortgage Asset & Receiving Corporation, as depositor, (the "Depositor")
GMAC Commercial Mortgage Corporation, as servicer (the "Servicer"), Lennar
Partners, Inc., as special servicer (the "Special Servicer"), LaSalle Bank
National Association, as bond administrator and paying agent (the "Bond
Administrator") and Wells Fargo Bank, N.A., as trustee (the "Trustee").
Capitalized terms used but not defined herein shall have the meanings given to
them in the Pooling and Servicing Agreement.

            This letter relates to U.S. $[____________] aggregate Certificate
Balance of Certificates (the "Certificates") which are held in the form of the
Regulation S Global Certificate (CUSIP No. ____________) with [Euroclear]
[Clearstream Banking]* (Common Code _________) through the Depository in the
name of [insert name of transferor] (the "Transferor"). The Transferor has
requested a transfer of such beneficial interest in the Certificates for an
interest in the Regulation 144A Global Certificate (CUSIP No. ___________).

            In connection with such request, and in respect of such
Certificates, the Transferor does hereby certify that such Certificates are
being transferred in accordance with (i) the transfer restrictions set forth in
the Pooling and Servicing Agreement and (ii) Rule 144A under the Securities Act
to a transferee that the Transferor reasonably believes is purchasing the
Certificates for its own account with respect to which the transferee exercises
sole investment discretion and the transferee and any such account is "qualified
institutional buyer" within the meaning of Rule 144A, in each case in a
transaction meeting the requirements of Rule 144A and in accordance with any
applicable securities laws of any state of the United States or an jurisdiction.

            This certificate and the statements contained herein are made for
your benefit and the benefit of the Depositor, the Trustee, the Bond
Administrator, the Servicer and the Special Servicer.

                                       [Insert Name of Transferor]

                                       By: _____________________________________
                                          Name:
                                          Title:
Dated: ______________, 20__

---------------------

* Select appropriate depositary.

<PAGE>

                                    EXHIBIT K

                       FORM OF DISTRIBUTION DATE STATEMENT

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
135 S. LaSalle Street Suite 1625                      Prior Payment:         N/A
Chicago, IL 60603                                     Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                           ABN AMRO Acct: XX-XXXX-XX-X
Administrator:                                                   Analyst:
                       Reporting Package Table of Contents

=============================================
Issue Id:                        COM4LNB2
Monthly Data File
Name:
                    COM4LNB2_YYYYMM_3.zip
=============================================

================================================================================
                                                                  Page(s)
REMIC Certificate Report                                          ------
Bond Interest Reconciliation
Cash Reconciliation Summary
15 Month Historical Loan Status Summary
15 Month Historical Payoff/Loss Summary
Historical Collateral Level Prepayment Report
Delinquent Loan Detail
Mortgage Loan Characteristics
Loan Level Detail
Specially Serviced Report
Modified Loan Detail
Realized Loss Detail
Appraisal Reduction Detail
================================================================================

=============================================
Closing Date:                   03/17/2004
First Payment Date:             04/10/2004
Assumed Final Payment Date:     12/10/2018
=============================================

================================================================================
                           Parties to the Transaction
--------------------------------------------------------------------------------
           Depositor: Deutsche Mortgage & Asset Receiving Corporation
           Underwriters: Deutsche Bank Securities Inc., ABN AMRO Inc.,
Banc of America Securities LLC, Citigroup Global Markets Inc. and Merrill Lynch,
                           Pierce, Fenner & Smith Inc.
              Master Servicer: GMAC Commercial Mortgage Corporation
                     Special Servicer: Lennar Partners, Inc.
                Rating Agency: Moody's Investors Service, Inc. /
                       Standard & Poor's Ratings Services
================================================================================

================================================================================
       Information is available for this issue from the following sources
--------------------------------------------------------------------------------
LaSalle Web Site                                www.etrustee.net
Servicer Website                                www.midlandls.com
LaSalle Factor Line                             (800) 246-5761
================================================================================
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

WAC:
WA Life Term:
WA Amort Term:            ABN AMRO Acct: XX-XXXX-XX-X
Current Index:
Next Index:                 REMIC Certificate Report

<TABLE>
<CAPTION>
=============================  ================================================================
                Original             Opening       Principal       Principal        Negative
Class         Face Value (1)         Balance        Payment       Adj. or Loss    Amortization
CUSIP           Per 1,000           Per 1,000      Per 1,000       Per 1,000        Per 1,000
-----------------------------  ----------------------------------------------------------------
<S>                <C>                <C>            <C>              <C>             <C>

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------

-----------------------------  ----------------------------------------------------------------
                   0.00               0.00           0.00             0.00            0.00
============================  ==================================================================

<CAPTION>
===========  ==================================================================
                   Closing         Interest        Interest        Pass-Through
Class              Balance        Payment (2)     Adjustment           Rate
CUSIP             Per 1,000        Per 1,000      Per 1,000        Next Rate(3)
-----------  ------------------------------------------------------------------
<S>                  <C>             <C>              <C>              <C>

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------

-----------  ------------------------------------------------------------------
                    0.00           0.00             0.00            0.00
===========  ==================================================================
             Total P&I Payment      0.00
                              ===============================

</TABLE>

Notes:
(1)  N denotes notional balance not included in total

(2)  Accrued Interest plus/minus Interest Adjustment minus Deferred Interest
     equals Interest Payment

(3)  Estimated
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                          Bond Interest Reconciliation

<TABLE>
<CAPTION>
=======================================================================================
                                                                Deductions
                                                    -----------------------------------
              Accrual                   Accrued                 Deferred &
         --------------   Pass Thru   Certificate   Allocable   Accretion      Interest
Class    Method    Days      Rate       Interest      PPIS       Interest      Loss/Exp
---------------------------------------------------------------------------------------
<S>       <C>       <C>      <C>         <C>          <C>         <C>            <C>

                                      -------------------------------------------------
                                         0.00         0.00        0.00           0.00
=======================================================================================

<CAPTION>
=========================================================================================================================
                              Additions
       --------------------------------------------------------
                                                                                                              Remaining
          Prior      Int Accrual      Prepay-       Other        Distributable  Interest    Current Period   Outstanding
       Int. Short-     on prior        ment        Interest       Certificate    Payment     (Shortfall)/      Interest
Class   falls Due    Shortfall (3)   Penalties    Proceeds (1)    Interest (2)    Amount      Recovery        Shortfalls
-------------------------------------------------------------------------------------------------------------------------
<S>       <C>          <C>             <C>           <C>             <C>           <C>          <C>              <C>

       ------------------------------------------------------------------------------------------------------------------
          0.00                         0.00          0.00            0.00          0.00                          0.00
=========================================================================================================================

<CAPTION>
===============================

           Credit Support
         ------------------
Class    Original   Current (4)
-------------------------------
<S>        <C>         <C>

===============================
</TABLE>

(1)  Other Interest Proceeds are additional interest amounts specifically
     allocated to the bond(s) and used in determining the Distributable Interest
     of the bonds.

(2)  Accrued - Deductions + Additional Interest.

(3)  Where applicable.

(4)  Determined as follows: (A) the ending balance of all the classes less (B)
     the sum of (i) the ending balance of the class and (ii) the ending balance
     of all classes which are not subordinate to the class divided by (A).
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                           Cash Reconciliation Summary

------------------------------------------------------
                   Interest Summary
------------------------------------------------------
Current Scheduled Interest
Less Deferred Interest
Less PPIS Reducing Scheduled Int
Plus Gross Advance Interest
Less ASER Interest Adv Reduction
Less Other Interest Not Advanced
Less Other Adjustment
------------------------------------------------------
Total
------------------------------------------------------
Unscheduled Interest:
------------------------------------------------------
Prepayment Penalties
Yield Maintenance Penalties
Other Interest Proceeds
------------------------------------------------------
Total
------------------------------------------------------
Less Fees Paid to Servicer
Less Fee Strips Paid by Servicer
------------------------------------------------------
Less Fees & Expenses Paid By/To Servicer
------------------------------------------------------
Special Servicing Fees
Workout Fees
Liquidation Fees
Interest Due Serv on Advances
Non Recoverable Advances
Misc. Fees & Expenses
------------------------------------------------------
Plus Trustee Fees Paid by Servicer
------------------------------------------------------
Total Unscheduled Fees & Expenses
------------------------------------------------------
Total Interest Due Trust
------------------------------------------------------
Less Fees & Expenses Paid By/To Trust
------------------------------------------------------
Trustee Fee
Fee Strips
Misc. Fees
Interest Reserve Withholding
Plus Interest Reserve Deposit
------------------------------------------------------
Total
------------------------------------------------------
Total Interest Due Certs
------------------------------------------------------

------------------------------------------------------
                   Principal Summary
------------------------------------------------------
Scheduled Principal:
-------------------
Current Scheduled Principal
Advanced Scheduled Principal
------------------------------------------------------
Scheduled Principal
------------------------------------------------------
Unscheduled Principal:
---------------------
Curtailments
Advanced Scheduled Principal
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
------------------------------------------------------
Total Unscheduled Principal
------------------------------------------------------
Remittance Principal
------------------------------------------------------
Remittance P&I Due Trust
------------------------------------------------------
Remittance P&I Due Certs
------------------------------------------------------

------------------------------------------------------
                 Pool Balance Summary
------------------------------------------------------
                         Balance            Count
------------------------------------------------------
Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases
------------------------------------------------------
Ending Pool
------------------------------------------------------

------------------------------------------------------
                 Servicing Fee Summary
------------------------------------------------------
Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees
------------------------------------------------------
Total Servicing Fees
------------------------------------------------------

------------------------------------------------------
                   PPIS Summary
------------------------------------------------------
Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts
------------------------------------------------------
PPIS Reducing Scheduled Interest
------------------------------------------------------
PPIS Reducing Servicing Fee
------------------------------------------------------
PPIS Due Certificate
------------------------------------------------------

------------------------------------------------------
      Advance Summary (Advance Made by Servicer)
------------------------------------------------------
                        Principal        Interest
------------------------------------------------------
Prior Outstanding
Plus Current Period
Less Recovered
Less Non Recovered
------------------------------------------------------
Ending Outstanding
------------------------------------------------------
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

           Asset Backed Facts ~15 Month Historical Loan Status Summary

<TABLE>
<CAPTION>
===============     ===============================================================================================================
                                                                  Delinquency Aging Categories
                    ---------------------------------------------------------------------------------------------------------------
Distribution        Delinq 1 Month        Delinq 2 Months     Delinq 3+ Months        Foreclosure                  REO
   Date              #       Balance       #      Balance      #        Balance     #        Balance          #      Balance
---------------     ---------------------------------------------------------------------------------------------------------------
<S>                      <C>                   <C>                 <C>                   <C>                        <C>
03/31/04

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

<CAPTION>
===============     ===========================================================================
                                             Special Event Categories (1)
                    ---------------------------------------------------------------------------
Distribution            Modifications         Specially Serviced                Bankruptcy
   Date                   # Balance                # Balance                   #    Balance
---------------     ---------------------------------------------------------------------------
<S>                            <C>                   <C>                             <C>
03/31/04

===============     ===========================================================================
</TABLE>

(1)  Modification, Specially Serviced & Bankruptcy Totals are Included in the
     Appropriate Delinquency Aging Category.

<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

           Asset Backed Facts ~15 Month Historical Payoff/Loss Summary

<TABLE>
<CAPTION>
=============   ====================================================================================================================
Distribution    Ending Pool (1)    Payoffs (2)    Penalties      Appraisal    Reduct. (2)   Liquidations (2)    Realized  Losses (2)
   Date           #  Balance       #   Balance    #   Amount         #          Balance        # Balance          #     Amount
-------------   --------------------------------------------------------------------------------------------------------------------
<S>                   <C>             <C>           <C>             <C>          <C>              <C>                   <C>
03/31/04

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

<CAPTION>
=============   ==========================================================
Distribution       Remaining Term       Curr Weighted Avg.
   Date            Life     Amort.      Coupon       Remit
-------------   ----------------------------------------------------------
<S>                <C>       <C>         <C>          <C>
03/31/04

=============   ==========================================================
</TABLE>

(1)  Percentage based on pool as of cutoff.

(2)  Percentage based on pool as of beginning of period.
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                  Historical Collateral Level Prepayment Report

<TABLE>
<CAPTION>
=======================  ===================================================  ========================  ============================
Disclosure    Payoff        Initial                    Payoff     Penalty       Prepayment   Maturity     Property      Geographic
Control #     Period        Balance         Type       Amount     Amount           Date        Date         Type         Location
-----------------------  ---------------------------------------------------  ------------------------  ----------------------------
  <S>           <C>           <C>           <C>          <C>        <C>            <C>         <C>          <C>            <C>

=======================  ===================================================  ========================  ============================
                            Current                       0          0
                            Cumulative
                                                       =====================
</TABLE>
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                             Delinquent Loan Detail

<TABLE>
<CAPTION>
====================================================================================================================================
              Paid                  Outstanding    Out. Property                       Special
Disclosure    Thru    Current P&I       P&I          Protection       Advance          Servicer      Foreclosure   Bankruptcy   REO
Control #     Date      Advance      Advances**       Advances     Description (1)   Transfer Date      Date          Date      Date
------------------------------------------------------------------------------------------------------------------------------------
   <S>        <C>         <C>           <C>             <C>            <C>                <C>           <C>           <C>       <C>

====================================================================================================================================
</TABLE>

<TABLE>
<CAPTION>
<S>                                                  <C>
A. P&I Advance - Loan in Grace Period                1. P&I Advance - Loan delinquent 1 month
B. P&I Advance - Late Payment but < 1 month delinq   2. P&I Advance - Loan delinquent 2 months
                                                     3. P&I Advance - Loan delinquent 3 months or More
                                                     4. Matured Balloon/Assumed Scheduled Payment
                                                     7. P&I Advance (Foreclosure)
                                                     9. P&I Advance (REO)
====================================================================================================================================
</TABLE>

**  Outstanding P&I Advances include the current period P&I Advance
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                          Mortgage Loan Characteristics

                       Distribution of Principal Balances
================================================================================
                                                         Weighted   Average
Current Scheduled     # of     Scheduled      % of     ------------------------
     Balances         Loans     Balance     Balance    Term     Coupon     DSCR
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
                         0           0       0.00%
================================================================================
Average Scheduled Balance
Maximum Scheduled Balance
Minimum Scheduled Balance

               Distribution of Remaining Term (Fully Amortizing)
================================================================================
                                                         Weighted   Average
Fully Amortizing     # of     Scheduled      % of     ------------------------
Mortgage Loans       Loans     Balance     Balance    Term     Coupon     DSCR
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
                         0           0       0.00%
================================================================================
                                        Minimum Remaining Term
                                        Maximum Remaining  Term

                     Distribution of Mortgage Interest Rates
================================================================================
                                                         Weighted   Average
Current Mortgage     # of     Scheduled      % of     ------------------------
  Interest Rate      Loans     Balance     Balance    Term     Coupon     DSCR
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
                         0           0       0.00%
================================================================================
Minimum Mortgage
   Interest Rate                          10.0000%
Maximum Mortgage
   Interest Rate                          10.0000%

                    Distribution of Remaining Term (Balloon)
================================================================================
                                                         Weighted   Average
    Balloon          # of     Scheduled      % of     ------------------------
Mortgage Loans       Loans     Balance     Balance    Term     Coupon     DSCR
--------------------------------------------------------------------------------
  0 to  60
 61 to 120
121 to 180
181 to 240
241 to 360

--------------------------------------------------------------------------------
                         0           0       0.00%
================================================================================
Minimum Remaining Term        0
Maximum Remaining Term        0
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                          Mortgage Loan Characteristics

                         Distribution of DSCR (Current)
================================================================================
 Debt Service        # of       Scheduled     % of
Coverage Ratio       Loans       Balance     Balance      WAMM     WAC     DSCR
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
                       0            0        0.00%
================================================================================
Maximum DSCR            0.000
Minimum DSCR            0.000

                          Distribution of DSCR (Cutoff)
================================================================================
 Debt Service        # of       Scheduled     % of
Coverage Ratio       Loans       Balance     Balance      WAMM     WAC     DSCR
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
                       0            0        0.00%
================================================================================
Maximum DSCR            0.000
Minimum DSCR            0.000

                             Geographic Distribution
================================================================================
Geographic           # of       Scheduled     % of
 Location            Loans       Balance     Balance      WAMM     WAC     DSCR
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
                       0            0        0.00%
================================================================================
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                          Mortgage Loan Characteristics

                         Distribution of Property Types
================================================================================
                     # of       Scheduled     % of
Property Types       Loans       Balance     Balance      WAMM     WAC     DSCR
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
                       0            0        0.00%
================================================================================

                        Distribution of Amortization Type
================================================================================
Amortization         # of       Scheduled     % of
   Type              Loans       Balance     Balance      WAMM     WAC     DSCR
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

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

                         Distribution of Loan Seasoning
================================================================================
                     # of       Scheduled     % of
Number of Years      Loans       Balance     Balance      WAMM     WAC     DSCR
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
                       0            0        0.00%
================================================================================

                       Distribution of Year Loans Maturing
================================================================================
                     # of       Scheduled     % of
     Year            Loans       Balance     Balance      WAMM     WAC     DSCR
--------------------------------------------------------------------------------
    2003
    2004
    2005
    2006
    2007
    2008
    2009
    2010
    2011
    2012
    2013
2014 & Longer
--------------------------------------------------------------------------------
                       0            0        0.00%
================================================================================
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                               Loan Level Detail

<TABLE>
<CAPTION>
====================================================================================================================================
                                                  Operating               Ending                             Spc.            Loan
Disclosure         Property                       Statement   Maturity   Principal   Note  Scheduled   Mod.  Serv    ASER   Status
Control #    Grp     Type      State   DSCR  NOI     Date       Date      Balance    Rate     P&I     Flag   Flag    Flag   Code(1)
------------------------------------------------------------------------------------------------------------------------------------
   <S>       <C>     <C>        <C>     <C>  <C>      <C>        <C>         <C>      <C>     <C>      <C>    <C>    <C>     <C>

------------------------------------------------------------------------------------------------------------------------------------
                               W/Avg   0.00    0                             0                 0

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

<CAPTION>
====================================================
                            Prepayment
Disclosure       -------------------------------
Control #          Amount     Penalty     Date
----------------------------------------------------
   <S>              <C>        <C>        <C>

----------------------------------------------------
                     0                     0
====================================================
</TABLE>

*    NOI and DSCR, if available and reportable under the terms of the Pooling
     and Servicing Agreement, are based on information obtained from the related
     borrower, and no other party to the agreement shall be held liable for the
     accuracy or methodology used to determine such figures.

(1) Legend:          A. P&I Adv - in Grace Period
                     B. P&I Adv - < one month delinq

                     1. P&I Adv - delinquent 1 month
                     2. P&I Adv - delinquent 2 months
                     3. P&I Adv - delinquent 3+ months
                     4. Mat. Balloon/Assumed P&I
                     5. Prepaid in Full
                     6. Specially Serviced
                     7. Foreclosure
                     8. Bankruptcy
                     9. REO
                    10. DPO
                    11. Modification
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                    Specially Serviced (Part I) ~ Loan Detail

<TABLE>
<CAPTION>
=====================  ===========  ===================  =====================================  ================  =================
Disclosure   Transfer  Loan Status         Balance        Note    Maturity     Remaining Term    Property                       NOI
Control #      Date     Code (1)    Scheduled   Actual    Rate      Date       Life     Amort.     Type    State   NOI   DSCR  Date
---------------------  -----------  -------------------  -------------------------------------  ----------------  -----------------
   <S>          <C>      <C>           <C>        <C>      <C>       <C>       <C>        <C>      <C>      <C>    <C>   <C>    <C>

=====================  ===========  ===================  =====================================  ================  =================
</TABLE>

(1) Legend:     A. P&I Adv - in Grace Period
                B. P&I Adv - < 1 month delinq.

                1. P&I Adv - delinquent 1 month
                2. P&I Adv - delinquent 2 months
                3. P&I Adv - delinquent 3+ months
                4. Mat. Balloon/Assumed P&I
                7. Foreclosure
                9. REO
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

          Specially Serviced Loan Detail (Part II) ~ Servicer Comments

=====================================  =========================================
Disclosure             Resolution
Control #               Strategy                       Comments
-------------------------------------  -----------------------------------------

=====================================  =========================================
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                              Modified Loan Detail

====================================================  ==========================
                             Cutoff     Modified
Disclosure   Modification   Maturity    Maturity           Modification
Control #        Date         Date        Date             Description
----------------------------------------------------  --------------------------

====================================================  ==========================
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                              Realized Loss Detail

<TABLE>
<CAPTION>
====================================================================================================================================
                                          Beginning             Gross Proceeds    Aggregate       Net       Net Proceeds
        Disclosure  Appraisal  Appraisal  Scheduled   Gross      as a % of      Liquidation   Liquidation    as a % of      Realized
Period  Control #     Date       Value     Balance   Proceeds  Sched Principal   Expenses *     Proceeds   Sched. Balance     Loss
-----------------------------------------------------------------------------------------------------------------------------------
  <S>     <C>         <C>         <C>        <C>       <C>          <C>             <C>            <C>          <C>            <C>

-----------------------------------------------------------------------------------------------------------------------------------
Current Total                               0.00       0.00                        0.00          0.00                         0.00
Cumulative                                  0.00       0.00                        0.00          0.00                         0.00
====================================================================================================================================
</TABLE>

*    Aggregate liquidation expenses also include outstanding P&I advances and
     unpaid servicing fees, unpaid trustee fees, etc.
<PAGE>

ABN AMRO                                              Statement Date: 03/31/2004
LaSalle Bank N.A.                                     Payment Date:   04/10/2004
                                                      Prior Payment:         N/A
                                                      Next Payment:   05/10/2004
                                                      Record Date:    03/31/2004

                                 COMM 2004-LNB2
                  Commercial Mortgage Pass-Through Certificates

                          ABN AMRO Acct: XX-XXXX-XX-X

                           Appraisal Reduction Detail

<TABLE>
<CAPTION>
========================  ===========================================  ==========================================  ============
                                                                                                 Remaining Term
Disclosure    Appraisal   Scheduled    ARA       Current P&I              Note      Maturity     ---------------    Property
Control #     Red. Date    Balance    Amount       Advance      ASER      Rate        Date       Life     Amort.      Type
------------------------  -------------------------------------------  ------------------------------------------  ------------
  <S>            <C>         <C>       <C>           <C>         <C>      <C>          <C>        <C>      <C>        <C>

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

<CAPTION>
===========  =======  ========  =======================
                                       Appraisal
Disclosure                        ------------------
Control #     State    DSCR       Value         Date
-----------  -------  --------  -----------------------
  <S>          <C>     <C>         <C>          <C>

===========  =======  ========  =======================
</TABLE>

<PAGE>

                                    EXHIBIT L

                         FORM OF INVESTOR CERTIFICATION

                                                      Dated:
LaSalle Bank National Association
135 South LaSalle Street
Chicago, Illinois  60603
Attention:  Asset Backed Securities Trust Services Group, COMM 2004-LNB2

      Re:   Commercial Mortgage Pass-Through Certificates, Series COMM 2004-LNB2
            --------------------------------------------------------------------

            In accordance with the Pooling and Servicing Agreement, dated as of
March 1, 2004 (the "Agreement"), by and among Deutsche Mortgage & Asset
Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation, as
Servicer, Lennar Partners, Inc., as Special Servicer, Wells Fargo Bank, N.A., as
Trustee and LaSalle Bank National Association, as Bond Administrator and Paying
Agent, with respect to the above-referenced certificates (the "Certificates"),
the undersigned hereby certifies and agrees as follows:

            1. The undersigned is a beneficial owner or prospective purchaser of
the Class __ Certificates.

            2. The undersigned is requesting access to the Bond Administrator's
internet website containing certain information (the "Information") and/or is
requesting the information identified on the schedule attached hereto (also, the
"Information") pursuant to the provisions of the Agreement.

            3. In consideration of the Bond Administrator's disclosure to the
undersigned of the Information, or access thereto, the undersigned will keep the
Information confidential (except from such outside persons as are assisting it
in making an evaluation in connection with purchasing the related Certificates,
from its accountants and attorneys, and otherwise from such governmental or
banking authorities or agencies to which the undersigned is subject), and such
Information will not, without the prior written consent of the Bond
Administrator, be otherwise disclosed by the undersigned or by its officers,
directors, partners, employees, agents or representatives (collectively, the
"Representatives") in any manner whatsoever, in whole or in part.

            4. The undersigned will not use or disclose the Information in any
manner which could result in a violation of any provision of the Securities Act
of 1933, as amended (the "Securities Act"), or of the Securities Exchange Act of
1934, as amended, or would require registration of any Certificate pursuant to
Section 5 of the Securities Act.

            5. The undersigned shall be fully liable for any breach of this
agreement by itself or any of its Representatives and shall indemnify the
Depositor, the Servicer, the Special Servicer, the Trustee, the Bond
Administrator and the Trust Fund for any loss, liability or expense incurred
thereby with respect to any such breach by the undersigned or any of its
Representatives.

            6. Capitalized terms used but not defined herein shall have the
respective meanings assigned thereto in the Agreement.

<PAGE>

            IN WITNESS WHEREOF, the undersigned has caused its name to be signed
hereto by its duly authorized officer, as of the day and year written above.

                                       _______________________________________
                                       [Certificate Owner or Prospective
                                       Purchaser]

                                       By:____________________________________

                                       Title:_________________________________

                                       Company: ______________________________

                                       Phone:

<PAGE>

                                    EXHIBIT M

                                   [RESERVED]

<PAGE>

                                    EXHIBIT N

                         FORM OF PURCHASE OPTION NOTICE

GMAC Commercial Mortgage Corporation
200 Witmer Road
Horsham, Pennsylvania  19044

Lennar Partners, Inc.
1601 Washington Avenue, Suite 800
Miami Beach, Florida  33139

Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, Maryland  20145-1951
Attention:  Corporate Trust Services (CMBS), COMM 2004-LNB2

      Re:   COMM 2004-LNB2 Commercial Mortgage Pass-Through Certificates
            ------------------------------------------------------------

Ladies and Gentlemen:

            The undersigned hereby acknowledges that it is the holder of an
assignable option (the "Purchase Option") to purchase Mortgage Loan number ____
from the Trust Fund, pursuant to Section 3.18 of the pooling and servicing
agreement (the "Pooling and Servicing Agreement") dated as of March 1, 2004, by
and among Deutsche Mortgage & Asset Receiving Corporation, as depositor (the
"Depositor"), GMAC Commercial Mortgage Corporation, as servicer (the
"Servicer"), Lennar Partners, Inc., as special servicer (the "Special
Servicer"), and Wells Fargo Bank, N.A., as trustee (the "Trustee"). Capitalized
terms used herein and not otherwise defined shall have the meaning set forth in
the Pooling and Servicing Agreement.

            The undersigned, holder of the Purchase Option (the "Option
Holder"), [is the Directing Certificateholder] [acquired its Purchase Option
from the Directing Certificateholder on ___________] [is the Special Servicer]
[acquired its Purchase Option from the Special Servicer].

            The undersigned Option Holder is exercising its Purchase Option at
the cash price of $______________, which amount equals or exceeds the Option
Price, as defined in Section 3.18(c) of the Pooling and Servicing Agreement.
Within ten (10) Business Days of its receipt of the Servicer's notice confirming
that the exercise of its Purchase Option is effective, [the undersigned Option
Holder] [______________, an Affiliate of the undersigned Option Holder] will
deliver the Option Price to or at the direction of the Servicer in exchange for
the release of the Mortgage Loan, the related Mortgaged Property and delivery of
the related Mortgage File.

            The undersigned Option Holder agrees that it shall prepare and
provide the Servicer with such instruments of transfer or assignment, in each
case without recourse, as shall be reasonably necessary to vest in it or its
designee the ownership of Mortgage Loan [__], together with such other documents
or instruments as the Servicer shall reasonably require to consummate the
purchase contemplated hereby.

            The undersigned Option Holder acknowledges and agrees that its
exercise of its Purchase Option Notice may not be revoked and, further, that
upon receipt of the Servicer's notice confirming that the exercise of its
Purchase Option is effective, the undersigned Option Holder, or its designee,
shall be obligated to close its purchase of Mortgage Loan ___ in accordance with
the terms and conditions of this letter and of the Pooling and Servicing
Agreement.

                                       Very truly yours,

                                       [Option Holder]

                                       By:____________________________________
                                          Name:
                                          Title:

            [By signing this letter in the space provided below, the [Directing
Certificateholder] [Special Servicer] hereby acknowledges and affirms that it
transferred its Purchase Option to the Option Holder identified above on
[_________].

[_______________________]

By:______________________________
   Name:
   Title:]

<PAGE>

                                    EXHIBIT O

                 FORM OF BOND ADMINISTRATOR BACKUP CERTIFICATION

                   COMM 2004-LNB2 Mortgage Trust (The "Trust")

The undersigned, __________, a __________ of LASALLE BANK NATIONAL ASSOCIATION,
on behalf of LASALLE BANK NATIONAL ASSOCIATION, as Bond Administrator and Paying
Agent (the "Bond Administrator"), under that certain pooling and servicing
agreement, dated as of March 1, 2004, (the "Pooling and Servicing Agreement") by
and among Deutsche Mortgage & Asset Receiving Corporation (the "Depositor"),
GMAC Commercial Mortgage Corporation, as servicer (the "Servicer"), Lennar
Partners, Inc., as special servicer (the "Special Servicer"), Wells Fargo Bank,
N.A., as trustee (the "Trustee") and LaSalle Bank National Association, certify
to [ ], Deutsche Mortgage & Asset Receiving Corporation and its officers,
directors and affiliates, to the extent that the following information is within
our normal area of responsibilities and duties under the Pooling and Servicing
Agreement, and with the knowledge and intent that they will rely upon this
certification, that:

      1.    I have reviewed the annual report on Form 10-K for the fiscal year
            [20___] (the "Annual Report"), and all reports on Form 8-K
            containing statements to certificateholders filed in respect of
            periods included in the year covered by the Annual Report
            (collectively with the Annual Report, the "Reports"), of the Trust;

      2.    To the best of my knowledge, the information in the Reports, to the
            extent prepared by the Bond Administrator (but not including any
            information provided to the Bond Administrator by the Servicer or
            Special Servicer, other than to the extent that such information has
            been aggregated or manipulated by Bond Administrator), taken as a
            whole, does not contain any untrue statement of a material fact or
            omit to state a material fact necessary to make the statements made,
            in light of the circumstances under which such statements were made,
            not misleading as of the last day of the period covered by the
            Annual Report; and

      3.    To the best of my knowledge, the servicing information provided to
            the Bond Administrator by the Servicer and the Special Servicer
            under the Pooling and Servicing Agreement for inclusion in the
            Reports is included in the Reports.

Date: _________________________

LASALLE BANK NATIONAL ASSOCIATION

_________________________________
[Signature]
[Title]

<PAGE>

                                    EXHIBIT P

                      FORM OF SERVICER BACKUP CERTIFICATION

                   COMM 2004-LNB2 Mortgage Trust (the "Trust")

I, [identify the certifying individual], a [_______________ ] of GMAC COMMERCIAL
MORTGAGE CORPORATION, a California corporation (the "Servicer") as Servicer
under that certain pooling and servicing agreement dated as of March 1, 2004
(the "Pooling and Servicing Agreement"), among Deutsche Mortgage and Asset
Receiving Corporation, as depositor (the "Depositor"), GMAC Commercial Mortgage
Corporation, Lennar Partners, Inc., Wells Fargo Bank, N.A., as trustee (the
"Trustee") and LaSalle Bank National Association, on behalf of the Servicer,
certify to the Depositor, and its officers, directors and affiliates, and with
the knowledge and intent that they will rely upon this certification, that:

      1.    Based on our knowledge, with respect to the period ending December
            31, 20[__] (the "Relevant Period"), all required reportable
            information (the "Servicing Reports") was materially complete and
            reviewed by the Servicer prior to its submission for inclusion in
            the monthly reports issued by the Trustee under the Pooling and
            Servicing Agreement and all required reports required to be
            submitted by the Servicer to the Trustee pursuant to the Pooling and
            Servicing Agreement (the "Servicer Reports") have been submitted by
            the Servicer to the Trustee;

      2.    Based on our knowledge, the information contained in the Servicer
            Reports taken as a whole, does not contain any untrue statement of a
            material fact or omit to state a material fact necessary to make the
            statements made, in light of the circumstances under which such
            statements were made, not misleading as of the period ending
            December 31, 20[__];

      3.    Based on our knowledge and the annual compliance review required
            under Section 3.14 of the Pooling and Servicing Agreement, during
            the Relevant Period the Servicer has fulfilled its obligations under
            the Pooling and Servicing Agreement in all material respects, except
            as disclosed in the annual officer's certificate required under such
            Section 3.14; and

      4.    The Servicer has disclosed to its certified public accountants all
            significant deficiencies relating to the Servicer's compliance with
            the minimum servicing standards and such deficiencies, if any, have
            been included in the independent public accountants' report (the
            "Report"). The Report was created in accordance with a review
            covering the Relevant Period in compliance with the minimum
            servicing standards set forth in the Mortgage Bankers Association's
            "Uniform Single Attestation Program" or similar standard as set
            forth in the Pooling and Servicing Agreement.

Date: _________________________

GMAC COMMERCIAL MORTGAGE CORPORATION

By: _____________________________
   Name:
   Title:

<PAGE>

                                    EXHIBIT Q

                  FORM OF SPECIAL SERVICER BACKUP CERTIFICATION

                   COMM 2004-LNB2 Mortgage Trust (the "Trust")

The undersigned, [___________], a Vice President of LENNAR PARTNERS, INC., a
Florida Corporation (the "Special Servicer"), as Special Servicer under that
certain pooling and servicing agreement, dated as of March 1, 2004, by and among
Deutsche Mortgage & Asset Receiving Corporation, LaSalle Bank National
Association, Lennar Partners, Inc., GMAC Commercial Mortgage Corporation and
Wells Fargo Bank, N.A. (the "Agreement") certifies to Deutsche Mortgage & Asset
Receiving Corporation (the "Depositor") and its officers, directors and
affiliates that:

1. I have reviewed the draft of the Annual Report on Form 10-K of the Trust for
the year ended December 31, [20___] and related reports that were sent to the
Special Servicer by the Depositor (the "Draft Report") as to the special
servicing by the Special Servicer of specially serviced mortgage loans (the
"Specially Serviced Mortgage Loans") or real properties owned by the Trust that
were acquired through foreclosure of loans as to which the Special Servicer has
servicing responsibilities ("REO Properties").

2. To the best of my knowledge, the information in the Draft Report relating to
servicing information in respect of Specially Serviced Mortgage Loans and REO
Properties, in each case, including information relating to actions of the
Special Servicer and/or payments and other collections on and characteristics of
the Specially Serviced Mortgage Loans and the REO Properties, taken as a whole,
does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading as of [March
31, 20___].

3. I am responsible for reviewing the activities performed by the Special
Servicer under the Agreement, and based upon the review required by the
Agreement, and except as disclosed in the Draft Report, the Special Servicer has
complied in all material respects with all its servicing obligations and with
all the minimum servicing standards under the Agreement.

4. I or persons acting under my supervision have disclosed to the certified
public accountants for the Depositor and to the accountants that are to deliver
the Annual Accountants Report in respect of the Special Servicer required by the
Agreement with respect to the year ended December 31, [20___] all significant
deficiencies relating to the Special Servicer's compliance with the minimum
servicing standards in order to enable them to conduct a review in compliance
with the Uniform Single Attestation Program for Mortgage Bankers.

The statements in this Certificate are limited to information regarding the
Special Servicer and the Special Servicer's activities under the Agreement. This
Certification does not relate to information in the Draft Report relating to any
other person or any other topic.

IN WITNESS WHEREOF, I have executed this Certification on March ___ , 20___.

                                          ______________________________________
                                          [Name]
                                          [Title]
                                          Lennar Partners, Inc.

<PAGE>

                                    EXHIBIT R

                       FORM OF NOTIFICATION FROM CUSTODIAN

                                     [DATE]

To the Persons Listed on the attached Schedule A

      Re:   COMM 2004-LNB2
            --------------

Ladies and Gentlemen:

            In accordance with Section 2.02 of the Pooling and Servicing
Agreement, dated as of March 1, 2004 (the "Pooling and Servicing Agreement"), by
and among Deutsche Mortgage & Asset Receiving Corporation, as Depositor, GMAC
Commercial Mortgage Corporation, as Servicer, Lennar Partners Inc., as Special
Servicer, Wells Fargo Bank, N.A., as Trustee, and LaSalle Bank National
Association, as Bond Administrator and Paying Agent, the undersigned, as
Custodian, hereby notifies you that, based upon the review required under the
Pooling and Servicing Agreement, the Mortgage File for each Mortgage Loan set
forth on the attached defect schedule contains a document or documents which (i)
has not been executed or received, (ii) has not been recorded or filed (if
required), (iii) is unrelated to the Mortgage Loans identified in the Mortgage
Loan Schedule, (iv) appears not to be what they purport to be or has been torn
in any materially adverse manner or (v) is mutilated or otherwise defaced, in
each case as more fully described on the attached defect schedule.

            The Custodian has no responsibility to determine, and expresses no
opinion with respect thereto, whether any document or opinion is legal, valid,
binding or enforceable, whether the text of any assignment or endorsement is in
proper or recordable form (except, if applicable, to determine if the Trustee is
the assignee or endorsee), whether any document has been recorded in accordance
with the requirements of any applicable jurisdiction, whether a blanket
assignment is permitted in any applicable jurisdiction, or whether any Person
executing any document or rendering any opinion is authorized to do so or
whether any signature thereon is genuine.

            Capitalized words and phrases used herein shall have the respective
meanings assigned to them in the above-captioned Pooling and Servicing
Agreement.

                           [SIGNATURE PAGE FOLLOWS]

<PAGE>

                                    WELLS FARGO BANK, N.A.,
                                    as Custodian

                                    By:_____________________________
                                    Name:
                                    Title:

<PAGE>

                SCHEDULE A TO FORM OF NOTIFICATION FROM CUSTODIAN

LaSalle Bank National Association
135 South LaSalle Street
Chicago, Illinois  60603
Attention:  Asset Backed Securities Trust Services Group, COMM 2004-LNB2

Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, Maryland 21045
Attention:  Corporate Trust Services (CMBS), COMM 2004-LNB2

Deutsche Mortgage & Asset Receiving Corporation
60 Wall Street
New York, New York  10005
Attention:  Helaine M. Kaplan

GMAC Commercial Mortgage Corporation
200 Witmer Road
Horsham, Pennsylvania  19044
Attention:  Managing Director, Commercial Servicing Operations
Telecopy No. 215-328-3488

GMAC Commercial Mortgage Corporation
200 Witmer Road
Horsham, Pennsylvania  19044
Attention:  General Counsel
Telecopy No. 215-328-3620

Lennar Partners, Inc.
1601 Washington Avenue, Suite 800
Miami Beach, Florida  33139
Attention:  Michael Wheeler

[If to the German American Capital Corporation, as Mortgage Loan Seller, to:
German American Capital Corporation
60 Wall Street
New York, New York  10005
Attention:  Jeffrey E. Paige]

[If to LaSalle Bank National Association, as Mortgage Loan Seller, to:
LaSalle Bank National Association
135 South LaSalle Street, Suite 1225
Chicago, Illinois  60603
Attention:  Managing Director RECM
Telecopy No.:  312-904-0900]

[If to ABN AMRO Bank, N.V., as Mortgage Loan Seller, to:
ABN AMRO Bank, N.V., Chicago Branch
55 East 52nd Street, 6th Floor
New York, New York  10055
Attention:  Frank C. Forelle
Telecopy No.:  212-409-7849]

<PAGE>

                                 DEFECT SCHEDULE

<PAGE>
                                   EXHIBIT S-1

                   FORM OF CLOSING DATE TRUSTEE CERTIFICATION

                                 March 17, 2004

Deutsche Mortgage & Asset Receiving Corporation
60 Wall Street
New York, New York  10005

Lennar Partners, Inc.
1601 Washington Avenue, Suite 800
Miami Beach, Florida  33139

German American Capital Corporation
60 Wall Street
New York, New York  10005

Standard & Poor's Ratings Services,
a division of The McGraw-Hill Companies, Inc.
55 Water Street
New York, New York  10041

Fitch, Inc.
One State Street Plaza
New York, New York 10004
Attention:  Commercial Mortgage Surveillance

Dominion Bond Rating Service Limited
20 North Clark Street, 8th Floor
Chicago, Illinois 60602

LaSalle Bank National Association
135 South LaSalle Street
Chicago, Illinois  60603

GMAC Commercial Mortgage Corporation
200 Witmer Road
Horsham, Pennsylvania  19044

      Re:   Commercial Mortgage Pass-Through Certificates, Series 2004-LNB2
            ---------------------------------------------------------------

            In accordance with Section 2.01(b) of the Pooling and Servicing
Agreement, dated as of March 1, 2004 (the "Agreement") among Deutsche Mortgage &
Asset Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation,
as Servicer, Lennar Partners, Inc. as Special Servicer the undersigned as
Trustee, and LaSalle Bank National Association, as Bond Administrator and Paying
Agent, the Trustee hereby certifies that, with respect to each Mortgage Loan
listed on the Mortgage Loan Schedule attached hereto as Schedule A, (a) the
Trustee has in its possession all Notes or an appropriate lost note affidavit,
and (b) the foregoing documents delivered or caused to be delivered by the
Mortgage Loan Sellers have been reviewed by it or by a Custodian on its behalf
and appear regular on their face, appear to be executed and relate to such
Mortgage Loan.

            Capitalized terms used but not defined herein shall the respective
meanings set forth in the Agreement.

                                       WELLS FARGO BANK, N.A.,
                                          as Trustee

                                          [____________________]
                                          Corporate Trust Officer

<PAGE>

                SCHEDULE A TO CLOSING DATE TRUSTEE CERTIFICATION

                            (MORTGAGE LOAN SCHEDULE)

<PAGE>
                                   EXHIBIT S-2

                   FORM OF POST-CLOSING TRUSTEE CERTIFICATION

                                 March __, 2004

Deutsche Mortgage & Asset Receiving Corporation
60 Wall Street
New York, New York  10005

Lennar Partners, Inc.
1601 Washington Avenue, Suite 800
Miami Beach, Florida  33139

German American Capital Corporation
60 Wall Street
New York, New York  10005

Standard & Poor's Ratings Services,
a division of The McGraw-Hill Companies, Inc.
55 Water Street
New York, New York  10041

Fitch, Inc.
One State Street Plaza
New York, New York 10004
Attention:  Commercial Mortgage Surveillance

Dominion Bond Rating Service Limited
20 North Clark Street, 8th Floor
Chicago, Illinois 60602

LaSalle Bank National Association
135 South LaSalle Street
Chicago, Illinois  60603

GMAC Commercial Mortgage Corporation
200 Witmer Road
Horsham, Pennsylvania  19044

      Re:   Commercial Mortgage Pass-Through Certificates, Series 2004-LNB2
            ---------------------------------------------------------------

            In accordance with Section 2.01(b) of the Pooling and Servicing
Agreement, dated as of March 1, 2004 (the "Agreement") among Deutsche Mortgage &
Asset Receiving Corporation, as Depositor, GMAC Commercial Mortgage Corporation,
as Servicer, Lennar Partners, Inc., as Special Servicer, the undersigned as
Trustee, and LaSalle Bank National Association, as Bond Administrator and Paying
Agent, the Trustee hereby certifies that, with respect to each Mortgage Loan
listed on the Mortgage Loan Schedule attached hereto as Schedule A, (a) the
Trustee has in its possession a copy of the Mortgage, a copy of any related
ground leases, the originals of any related letters of credit and the lenders
title policy (original or copy or marked-up title commitment marked as binding
and countersigned by the title company or its authorized agent either on its
face or by an acknowledged closing instruction or escrow letter) and (b) the
foregoing documents delivered or caused to be delivered by the Mortgage Loan
Sellers have been reviewed by it or by a Custodian on its behalf and appear
regular on their face, appear to be executed and relate to such Mortgage Loan

            Capitalized terms used but not defined herein shall the respective
meanings set forth in the Agreement.

                                       WELLS FARGO BANK, N.A.,
                                          as Trustee

                                          [______________________]
                                          Corporate Trust Officer

<PAGE>

            SCHEDULE A TO FORM OF POST-CLOSING TRUSTEE CERTIFICATION

                            (MORTGAGE LOAN SCHEDULE)

<PAGE>

                                    EXHIBIT T

       FORM OF MONTHLY ADDITIONAL REPORT ON RECOVERIES AND REIMBURSEMENTS

Securitization Name
Advance Interest Reconciliation Report
As of
Determination Date

<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------------

  GMACCM Loan #          Property Name           UPB          P&I Advances Outstanding        T&I Advances Outstanding
-------------------------------------------------------------------------------------------------------------------------
<S>                     <C>                     <C>           <C>                            <C>

<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
                        Property Protection                                                                      Net Advance
  GMACCM Loan #         Advances Outstanding        Advance Interest        Late Charges Collected                Interest
--------------------------------------------------------------------------------------------------------------------------------
<S>                     <C>                         <C>                     <C>                            <C>

Questions or comments contact Investor Relations at GMACCM at (800) 734-0797.
</TABLE>

<PAGE>

                                    EXHIBIT U

     FORM OF NOTICE AND CERTIFICATION REGARDING DEFEASANCE OF MORTGAGE LOAN

   For Mortgage Loans having a Stated Principal Balance of $20,000,000 or less
   or having an aggregate Stated Principal Balance of 5% or less of all of the
     Mortgage Loans (whichever is less), so long as of the date hereof such
      Mortgage Loan is not one of the ten largest Mortgage Loans by Stated
                                Principal Balance

To:   Standard & Poor's Ratings Services,
      a division of The McGraw-Hill Companies, Inc.
      55 Water Street
      New York, New York  10041
      Attn:  Commercial Mortgage Surveillance

      Wells Fargo Bank, N.A.
      9062 Old Annapolis Road
      Columbia, Maryland  21045
      Attention:  Corporate Trust Services (CMBS), COMM 2004-LNB2

      LaSalle Bank National Association
      135 South LaSalle Street
      Chicago, Illinois  60603
      Attn:  Asset Backed Securities Trust Services Group, COMM 2004-LNB2

From: GMAC Commercial Mortgage Corporation, in its capacity as Servicer (the
      "Servicer") under the Pooling and Servicing Agreement dated as of March 1,
      2004 (the "Pooling and Servicing Agreement"), among the Servicer, Wells
      Fargo Bank, N.A., as Trustee, and certain other parties.

Date: _________, 20___

Re:   Deutsche Mortgage & Asset Receiving Corporation, Commercial Mortgage
      Pass-Through Certificates Series COMM 2004-LNB2 Mortgage Loan (the
      "Mortgage Loan") heretofore secured by real property known as
      __________________.

Capitalized terms used but not defined herein have the meanings assigned to such
terms in the Pooling and Servicing Agreement.

THE STATEMENTS SET FORTH BELOW ARE MADE (A) TO THE BEST KNOWLEDGE OF THE
UNDERSIGNED BASED UPON DUE DILIGENCE CONSISTENT WITH THE SERVICING STANDARD
SPECIFIED IN THE POOLING AND SERVICING AGREEMENT (THE "SERVICING STANDARD"), AND
(B) WITHOUT INTENDING TO WARRANT THE ACCURACY THEREOF OR UNDERTAKE ANY DUTY OR
STANDARD OF CARE GREATER THAN THE DUTIES OF SERVICER UNDER THE POOLING AND
SERVICING AGREEMENT AND THE SERVICING STANDARD

We hereby notify you and confirm that each of the following is true, subject to
those exceptions, if any, set forth on Exhibit A hereto, which exceptions the
Servicer has determined, consistent with the Servicing Standard, will have no
material adverse effect on the Mortgage Loan or the defeasance transaction:

1.    The Borrower has consummated a defeasance of the Mortgage Loan of the type
      checked below:

      ___ a full defeasance of the entire outstanding principal balance
      ($___________) of the Mortgage Loan; or

      ___ a partial defeasance of a portion ($________) of the Mortgage Loan
      that represents ___% of the entire principal balance of the Mortgage Loan
      ($_________);

2.    The defeasance was consummated on ____________, 20__.

3.    The defeasance was completed in all material respects in accordance with
      the conditions for defeasance specified in the Loan Documents and in
      accordance with the Servicing Standard.

4.    The defeasance collateral consists only of one or more of the following:
      (i) direct debt obligations of the U.S. Treasury, (ii) direct debt
      obligations of the Federal National Mortgage Association, (iii) direct
      debt obligations of the Federal Home Loan Mortgage Corporation, or (iv)
      interest-only direct debt obligations of the Resolution Funding
      Corporation. Such defeasance collateral consists of securities that (i) if
      they include a principal obligation, the principal due at maturity cannot
      vary or change, (ii) provide for interest at a fixed rate and (iii) are
      not subject to prepayment, call or early redemption.

5.    After the defeasance, the defeasance collateral will be owned by an entity
      (the "Defeasance Obligor") that: (i) is the original Borrower, (ii) is a
      Single-Purpose Entity (as defined in the S&P Criteria), (iii) is subject
      to restrictions in its organizational documents substantially similar to
      those contained in the organizational documents of the original Borrower
      with respect to bankruptcy remoteness and single purpose, (iv) has been
      designated as the Defeasance Obligor by the originator of the Mortgage
      Loan pursuant to the terms of the Loan Documents, or (v) has delivered a
      letter from Standard & Poor's confirming that the organizational documents
      of such Defeasance Obligor were previously approved by Standard & Poor's.
      The Defeasance Obligor owns no assets other than defeasance collateral and
      (only in the case of the original Borrower) real property securing one or
      more Mortgage Loans included in the pool under the Pooling and Servicing
      Agreement (the "Pool").

6.    If such Defeasance Obligor (together with its affiliates) holds more than
      one defeased loan, it does not (together with its affiliates) hold
      defeased loans aggregating more than $20 Million or more than five percent
      (5%) of the aggregate certificate balance of the Certificates as of the
      date of the most recent Paying Agent's Monthly Certificateholder Report
      received by Servicer (the "Current Report").

7.    The defeasance documents require that the defeasance collateral be
      credited to an eligible account (as defined in the S&P Criteria) that must
      be maintained as a securities account by a securities intermediary that is
      at all times an Eligible Institution (as defined in the S&P Criteria). The
      securities intermediary may reinvest proceeds of the defeasance collateral
      only in Permitted Investments (as defined in the Pooling and Servicing
      Agreement).

8.    The securities intermediary is obligated to pay from the proceeds of the
      defeasance collateral directly to the Servicer's collection account, all
      scheduled payments on the Mortgage Loan or, in a partial defeasance, not
      less than 125% of the portion of such scheduled payments attributed to the
      allocated loan amount for the real property defeased (the "Scheduled
      Payments").

9.    The Servicer received written confirmation from an independent certified
      public accountant stating that (i) revenues from the defeasance collateral
      (without taking into account any earnings on reinvestment of such
      revenues) will be sufficient to timely pay each of the Scheduled Payments
      including the payment in full of the Mortgage Loan (or the allocated
      portion thereof in connection with a partial defeasance) on its Maturity
      Date (or, in the case of any ARD Loan, on its Anticipated Repayment Date),
      (ii) the revenues received in any month from the defeasance collateral
      will be applied to make Scheduled Payments within four (4) months after
      the date of receipt, (iii) the defeasance collateral is not subject to
      prepayment, call or early redemption, and (iv) interest income from the
      defeasance collateral to the Defeasance Obligor in any tax year will not
      exceed such Defeasance Obligor's interest expense for the Mortgage Loan
      (or the allocated portion thereof in a partial defeasance) for such year,
      other than in the year in which the Maturity Date or Anticipated Repayment
      Date will occur, when interest income will exceed interest expense.

10.   The Servicer received opinions of counsel that, subject to customary
      qualifications, (i) the defeasance will not cause the Trust to fail to
      qualify as a REMIC for purpose of the Internal Revenue Code, (ii) the
      agreements executed by the Mortgagor and the Defeasance Obligor in
      connection with the defeasance are enforceable against them in accordance
      with their terms, and (iii) the Trustee will have a perfected, first
      priority security interest in the defeasance collateral.

11.   The agreements executed in connection with the defeasance (i) prohibit
      subordinate liens against the defeasance collateral, (ii) provide for
      prepayment from sources other than the defeasance collateral of all fees
      and expenses of the securities intermediary for administering the
      defeasance and the securities account and all fees and expense of
      maintaining the existence of the Defeasance Obligor, (iii) permit release
      of surplus defeasance collateral and earnings on reinvestment to the
      Defeasance Obligor only after the Mortgage Loan has been paid in full,
      (iv) include representations and/or covenants of the Mortgagor and/or
      securities intermediary substantially as set forth on Exhibit B hereto,
      (v) provide for survival of such representations; and (vi) do not permit
      waiver of such representations and covenants.

12.   The outstanding principal balance of the Mortgage Loan immediately before
      the defeasance was less than $20,000,000 or less than 5% of the aggregate
      certificate balance of the Certificates as of the date of the Current
      Report. The Mortgage Loan is not one of the ten (10) largest loans in the
      pool.

13.   Copies of all material agreements, instruments, organizational documents,
      opinions of counsel, accountant's report and other items delivered in
      connection with the defeasance will be provided to you upon request.

14.   The individual executing this notice is an authorized officer or a
      servicing officer of the Servicer.

            IN WITNESS WHEREOF, the Servicer has caused this notice to be
executed as of the date captioned above.

                                       SERVICER:___________________________

                                       By:____________________________________
                                          Name:
                                          Title:

<PAGE>

                                    EXHIBIT A

     Form of Notice and Certification Regarding Defeasance of Mortgage Loan

                              (List of Exceptions)

<PAGE>

                                    EXHIBIT B

                   Perfected Security Interest Representations

General:

1.    [The defeasance agreements] create a valid and continuing security
      interest (as defined in the applicable UCC) in the [Collateral, Securities
      Account and Deposit Account] in favor of the [Secured Party], which
      security interest is prior to all other [Liens], and is enforceable as
      such as against creditors of and purchasers from [Debtor].

      Note that "Collateral" means securities, permitted investments and other
      assets credited to securities accounts.

2.    The [Deposit Account] constitutes a "deposit account" within the meaning
      of the applicable UCC.

3.    All of the [Collateral] has been and will have been credited to a
      [Securities Account]. The securities intermediary for the [Securities
      Account has agreed to treat all assets credited to the [Securities
      Account] as "financial assets" within the meaning of the UCC.

Creation:

4.    [Debtor] owns and has good and marketable title to the [Collateral,
      Securities Account and Deposit Account] free and clear of any [Lien],
      claim or encumbrance of any Person.

5.    [Debtor] has received all consents and approvals required by the terms of
      the [Collateral] to the transfer to the [Secured Party] of its interest
      and rights in the [Collateral] hereunder.

Perfection:

6.    [Debtor] has caused or will have caused, within ten (10) days, the filing
      of all appropriate financing statements in the proper filing office in the
      appropriate jurisdictions under applicable law in order to perfect the
      security interest granted in the [Collateral, Securities Account and
      Deposit Account] to the [Secured Party] hereunder.

7.    [Debtor] has delivered to [Secured Party] a fully executed agreement
      pursuant to which the securities intermediary or the account bank has
      agreed to comply with all instructions originated by the [Secured Party]
      relating to the [Securities Account] or directing disposition of the funds
      in the [Deposit Account] without further consent by the [Debtor].

8.    [Debtor] has taken all steps necessary to cause the securities
      intermediary to identify in its records the [Secured Party] as the person
      having a security entitlement against the securities intermediary in the
      [Securities Account].

9.    [Debtor] has taken all steps necessary to cause [Secured Party] to become
      the account holder of the [Deposit Account].

Priority:

10.   Other than the security interest granted to the [Secured Party] pursuant
      to his Agreement, [Debtor] has not pledged, assigned, sold, granted a
      security interest in, or otherwise conveyed any of the [Collateral,
      Securities Account and Deposit Account]. [Debtor] has not authorized the
      filing of and is not aware of any financing statements against [Debtor]
      that include a description of collateral covering the [Collateral,
      Securities Account and Deposit Account] other than any financing statement
      relating to the security interest granted to the [Secured Party] hereunder
      or that has been terminated. Debtor is not aware of any judgment or tax
      lien filings against [Debtor].

<PAGE>

                                    EXHIBIT V

   FORM OF NOTICE FROM THE TRUSTEE REGARDING THE AFR/BANK OF AMERICA PORTFOLIO
                MORTGAGE LOAN AND THE MEADOWS MALL MORTGAGE LOAN

                                March [__], 2004

[ADDRESSEES:

With respect to the AFR/Bank of America Portfolio Mortgage Loan, to each of:
GMACCM 2003-C3 Servicer,
GMACCM 2003-C3 Trustee, and
GMACCM 2003-C3 Serviced Companion Loan Paying Agent,

With respect to the Meadows Mall Mortgage Loan, to each of:
Wachovia 2003-C9 Servicer,
Wachovia 2003-C9 Trustee, and
Wachovia 2003-C9 Companion Paying Agent]

Re:   COMM 2004-LNB2 Commercial Mortgage Pass-Through Certificates and the
      [AFR/Bank of America Portfolio Mortgage Loan][Meadows Mall Mortgage Loan]

Dear [NAME]:

            COMM 2004-LNB2 Commercial Mortgage Pass-Through Certificates (the
"Trust Fund") is the [A-3 Noteholder][A-2 Noteholder], as such term is defined
under the [A Notes Intercreditor Agreement, dated as of December 18, 2003, by
and among German American Capital Corporation, as each of the A-1 Noteholder,
the A-2 Noteholder, the A-3 Noteholder and the A-4 Noteholder (the "AFR/Bank of
America Portfolio Intercreditor Agreement")][Intercreditor and Servicing
Agreement, dated as of December 1, 2003, between ABN AMRO Bank N.V., Chicago
Branch, as A-1 Noteholder, and ABN AMRO Bank N.V., Chicago Branch, as A-2
Noteholder (the "Meadows Mall Intercreditor Agreement")]. In connection with the
deposit of the [A-3 Note of the AFR/Bank of America Portfolio Loan][A-2 Note of
the Meadows Mall Mortgage Loan] into the COMM 2004-LNB2 Trust established by
Deutsche Mortgage & Asset Receiving Corporation, attached is an executed copy of
the related pooling and servicing agreement, and the contact information for
each of the parties thereto is set forth on Schedule I attached hereto.

[Note A-1 of the AFR/Bank of America Portfolio Loan is being serviced pursuant
to the terms of a Pooling and Servicing Agreement dated and effective as of
December 1, 2003, among GMAC Commercial Mortgage Securities, Inc., as depositor,
GMAC Commercial Mortgage Corporation, as master servicer and serviced companion
loan paying agent, Lennar Partners, Inc., as special servicer with respect to
all Mortgage Loans other than the AFR/Bank of America Portfolio Loan, Midland
Loan Services, Inc., as special servicer with respect to the AFR/Bank of America
Portfolio Loan, LaSalle Bank National Association, as trustee, and ABN AMRO Bank
N.V., as fiscal agent, as from time to time amended, supplemented or modified
(the "GMACCM 2003-C3 Pooling Agreement"). Wells Fargo Bank, N.A., as trustee for
the registered holders of the Trust Fund, hereby directs the applicable parties
to the GMACCM 2003-C3 Pooling Agreement as follows:

(i) GMAC Commercial Mortgage Corporation, as master servicer and serviced
companion loan paying agent under the GMACCM 2003-C3 Pooling Agreement, shall
remit all amounts payable in accordance with the AFR/Bank of America Portfolio
Intercreditor Agreement and the GMACCM 2003-C3 Pooling Agreement due to the
AFR/Bank of America Portfolio Note A-3 Holder on such days as specified in the
GMACCM 2003-C3 Pooling Agreement to GMAC Commercial Mortgage Corporation, as
servicer of the Trust Fund, to the collection account set forth on Schedule II
attached hereto in accordance with the terms of the GMACCM 2003-C3 Pooling
Agreement; and

(ii) GMAC Commercial Mortgage Corporation and LaSalle Bank National Association
shall forward, deliver or otherwise make available, as the case may be, all
reports, statements, documents, communications and other information that are to
be forwarded, delivered or otherwise made available to the AFR/Bank of America
Portfolio A-3 Noteholder in accordance with the AFR/Bank of America Portfolio
Intercreditor Agreement and the GMACCM 2003-C3 Pooling Agreement to GMAC
Commercial Mortgage Corporation, as servicer of the Trust Fund.]

[Note A-1 of the Meadows Mall Loan is being serviced pursuant to the terms of a
Pooling and Servicing Agreement dated and effective as of December 1, 2003,
among Wachovia Commercial Mortgage Securities, Inc., as depositor, Wachovia
Bank, National Association, as master servicer and companion paying agent,
Lennar Partners, Inc., as special servicer, Wells Fargo Bank, N.A., as trustee,
and LaSalle Bank National Association, as paying agent, as from time to time
amended, supplemented or modified "Meadows Mall Pooling Agreement"). Wells Fargo
Bank, N.A., as trustee for the registered holders of the Trust Fund, hereby
directs the applicable parties to the Meadows Mall Pooling Agreement as follows:

(i) Wachovia Bank, National Association, as master servicer and companion paying
agent under the GMACCM 2003-C3 Pooling Agreement, shall remit the amount payable
in accordance with the Meadows Mall Intercreditor Agreement and the Meadows Mall
Pooling Agreement due to the Note A-2 Holder on such days as specified in the
Meadows Mall Pooling Agreement to GMAC Commercial Mortgage Corporation, as
servicer of the Trust Fund, to the collection account set forth on Schedule II
attached hereto in accordance with the terms of the Meadows Mall Pooling
Agreement; and

(ii) Wachovia Bank, National Association and Wells Fargo Bank, N.A., as
applicable, shall forward, deliver or otherwise make available, as the case may
be, all reports, statements, documents, communications and other information
that are to be forwarded, delivered or otherwise made available to the Meadows
Mall A-3 Noteholder in accordance with the Meadows Mall Intercreditor Agreement
and the Meadows Mall Pooling Agreement to GMAC Commercial Mortgage Corporation,
as servicer of the Trust Fund.]

Thank you for your attention to this matter.

WELLS FARGO BANK, N.A.,
as Trustee for the Holders of the COMM 2004-LNB2 Commercial Mortgage
Pass-Through Certificates

By:_________________________________
[Name]

                                       [Title]

<PAGE>

     SCHEDULE I TO FORM OF NOTICE FROM THE TRUSTEE REGARDING THE AFR/BANK OF
       AMERICA PORTFOLIO MORTGAGE LOAN AND THE MEADOWS MALL MORTGAGE LOAN

Deutsche Mortgage & Asset Receiving Corporation
60 Wall Street
New York, New York  10005
Attention:  Helaine M. Kaplan

LaSalle Bank National Association
135 South LaSalle Street
Chicago, IL  60603
Attention:  Asset Backed Securities Trust Services Group, COMM 2004-LNB2

Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, Maryland 21045
Attention:  Corporate Trust Services (CMBS), COMM 2004-LNB2

GMAC Commercial Mortgage Corporation
200 Witmer Road
Horsham, Pennsylvania  19044
Attention:  Managing Director, Commercial Servicing Operations
Telecopy No. 215-328-3488

Lennar Partners, Inc.
1601 Washington Avenue, Suite 800
Miami Beach, Florida  33139
Attention:  Michael Wheeler

<PAGE>

    SCHEDULE II TO FORM OF NOTICE FROM THE TRUSTEE REGARDING THE AFR/BANK OF
       AMERICA PORTFOLIO MORTGAGE LOAN AND THE MEADOWS MALL MORTGAGE LOAN

                 (COMM 2004-LNB2 Collection Account Information)

<PAGE>

                                   SCHEDULE 1

    RATES USED IN DETERMINING THE CLASS X-1 AND CLASS X-2 PASS-THROUGH RATES

Distribution Date           Period                            Rate (%)
-----------------------  --------------            -----------------------------
April 2004                  1                                   5.67130%
May 2004                    2                                   5.51290%
June 2004                   3                                   5.67120%
July 2004                   4                                   5.51290%
August 2004                 5                                   5.67110%
September 2004              6                                   5.67100%
October 2004                7                                   5.51270%
November 2004               8                                   5.67090%
December 2004               9                                   5.51270%
January 2005                10                                  5.51270%
February 2005               11                                  5.51260%
March 2005                  12                                  5.51280%
April 2005                  13                                  5.67060%
May 2005                    14                                  5.51250%
June 2005                   15                                  5.67050%
July 2005                   16                                  5.51240%
August 2005                 17                                  5.67040%
September 2005              18                                  5.67040%
October 2005                19                                  5.51230%
November 2005               20                                  5.67030%
December 2005               21                                  5.51230%
January 2006                22                                  5.51230%
February 2006               23                                  5.51230%
March 2006                  24                                  5.51250%
April 2006                  25                                  5.67000%
May 2006                    26                                  5.51220%
June 2006                   27                                  5.67010%
July 2006                   28                                  5.51230%
August 2006                 29                                  5.67020%
September 2006              30                                  5.67020%
October 2006                31                                  5.51240%
November 2006               32                                  5.67030%
December 2006               33                                  5.51250%
January 2007                34                                  5.51260%
February 2007               35                                  5.51260%
March 2007                  36                                  5.51290%
April 2007                  37                                  5.67040%
May 2007                    38                                  5.51260%
June 2007                   39                                  5.67050%
July 2007                   40                                  5.51260%
August 2007                 41                                  5.67050%
September 2007              42                                  5.67050%
October 2007                43                                  5.51270%
November 2007               44                                  5.67060%
December 2007               45                                  5.51270%
January 2008                46                                  5.67060%
February 2008               47                                  5.51280%
March 2008                  48                                  5.51290%
April 2008                  49                                  5.67060%
May 2008                    50                                  5.51280%
June 2008                   51                                  5.67070%
July 2008                   52                                  5.51280%
August 2008                 53                                  5.67070%
September 2008              54                                  5.67070%
October 2008                55                                  5.51290%
November 2008               56                                  5.67190%
December 2008               57                                  5.53860%
January 2009                58                                  5.55290%
February 2009               59                                  5.56340%
March 2009                  60                                  5.57940%
April 2009                  61                                  5.73360%
May 2009                    62                                  5.57900%
June 2009                   63                                  5.73360%
July 2009                   64                                  5.57900%
August 2009                 65                                  5.73360%
September 2009              66                                  5.73360%
October 2009                67                                  5.57900%
November 2009               68                                  5.73370%
December 2009               69                                  5.57900%
January 2010                70                                  5.57910%
February 2010               71                                  5.57910%
March 2010                  72                                  5.57960%
April 2010                  73                                  5.73370%
May 2010                    74                                  5.57910%
June 2010                   75                                  5.73370%
July 2010                   76                                  5.57910%
August 2010                 77                                  5.73560%
September 2010              78                                  5.73570%
October 2010                79                                  5.58140%
November 2010               80                                  5.73570%
December 2010               81                                  5.58770%
January 2011                82                                  5.58680%
February 2011               83                                  5.59150%
March 2011                  84                                  5.61380%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00063-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00063-of-00352.parquet"}]]