Document:

Exhibit 10.4

 

 

EXECUTION VERSION

	 

 

CITIGROUP COMMERCIAL MORTGAGE SECURITIES
INC.,

PURCHASER

 

and

 

FCRE REL, LLC,

SELLER

 

MORTGAGE LOAN PURCHASE AGREEMENT

Dated as of May 1, 2016 

Citigroup Commercial Mortgage Trust 2016-C1,

Commercial Mortgage Pass-Through Certificates, Series 2016-C1 

	 

 

     

     

    

 

This Mortgage Loan Purchase
Agreement (“Agreement”), dated as of May 1, 2016, is between Citigroup Commercial Mortgage Securities Inc.,
a Delaware corporation, as purchaser (the “Purchaser”), and FCRE REL, LLC, a Delaware limited liability company,
as seller (the “Seller”).

 

Capitalized terms used
in this Agreement and not defined herein shall have the meanings ascribed to them in the Pooling and Servicing Agreement, dated
as of May 1, 2016 (the “Pooling and Servicing Agreement”), between the Purchaser, as depositor, Wells Fargo
Bank, National Association, a national banking association, as master servicer (the “Master Servicer”), LNR
Partners, LLC, a Florida limited liability company, as special servicer (the “Special Servicer”), Park Bridge
Lender Services LLC, a New York limited liability company, as operating advisor (in such capacity, the “Operating Advisor”)
and as asset representations reviewer (in such capacity, the “Asset Representations Reviewer”), Citibank, N.A.,
a national banking association, as certificate administrator (the “Certificate Administrator”), and Deutsche
Bank Trust Company Americas, a New York banking corporation, as trustee (the “Trustee”), pursuant to which the
Purchaser will transfer the Mortgage Loans (as defined herein), together with certain other commercial and multifamily mortgage
loans (collectively, the “Other Loans”), to a trust fund and certificates representing ownership interests in
the Mortgage Loans and the Other Loans will be issued by the trust fund (the “Trust Fund”). In exchange for
the Mortgage Loans and the Other Loans, the Trust Fund will issue to or at the direction of the Depositor certificates to be known
as Citigroup Commercial Mortgage Trust 2016-C1, Commercial Mortgage Pass-Through Certificates, Series 2016-C1 (collectively, the
“Certificates”). For purposes of this Agreement, “Mortgage Loans” refers to the mortgage
loans listed on Exhibit A and “Mortgaged Properties” refers to the properties securing such Mortgage
Loans.

 

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

 

SECTION 1     Sale and Conveyance of Mortgages; Possession of Mortgage File. The Seller does hereby sell, transfer, assign, set
over and convey to the Purchaser, without recourse, representation or warranty (except as otherwise specifically set forth herein),
subject to the rights of the holders of interests in any related Companion Loan, all of its right, title and interest in and to
the Mortgage Loans secured by the Mortgaged Properties identified on Exhibit A to this Agreement (the “Mortgage
Loan Schedule”) including all interest and principal received or receivable on or with respect to the Mortgage Loans
after the Cut-Off Date (and, in any event, excluding payments of principal and interest and other amounts due and payable on the
Mortgage Loans on or before the Cut-Off Date and excluding any Retained Defeasance Rights and Obligations with respect to the Mortgage
Loans).

 

Upon the sale of the
Mortgage Loans, the ownership of each related Note, the Seller’s interest in the related Mortgage represented by the Note
and the other contents of the related Mortgage File (subject to the rights of the holders of interests in any related Companion
Loan) will be vested in the Purchaser and immediately thereafter the Trustee, and the ownership of records and documents with respect
to each Mortgage Loan (other than those to be held by the holder of any related Companion Loan) prepared by or which come into
the possession of the Seller shall (subject to the rights of the holders of interests in any related Companion Loan)

 

     

     

    

 

immediately
vest in the Purchaser and immediately thereafter the Trustee. In connection with the transfer pursuant to this Section 1 of
any Mortgage Loan that is part of a Loan Combination, the Seller does hereby assign to the Purchaser all of its rights, title and
interest (solely in its capacity as the holder of the subject Mortgage Loan) in, to and under the related Co-Lender Agreement (it
being understood and agreed that the Seller does not assign any right, title or interest that it or any other party may have thereunder
in its capacity as the holder of any related Companion Loan, if applicable). The Seller’s assignment of any Outside Serviced
Mortgage Loan is subject to the terms and conditions of the applicable Outside Servicing Agreement and the related Co-Lender Agreement.
The Purchaser will sell certain of the Certificates (the “Public Certificates”) to the underwriters (the “Underwriters”)
specified in the Underwriting Agreement, dated as of May 17, 2016 (the “Underwriting Agreement”), between the
Purchaser and the Underwriters, and the Purchaser will sell certain of the Certificates (the “Private Certificates”)
to the initial purchasers (the “Initial Purchasers” and, collectively with the Underwriters, the “Dealers”)
specified in the Purchase Agreement, dated as of May 17, 2016 (the “Certificate Purchase Agreement”), between
the Purchaser and Initial Purchasers.

 

The sale and conveyance
of the Mortgage Loans is being conducted on an arms-length basis and upon commercially reasonable terms. As the purchase price
for the Mortgage Loans, the Purchaser shall pay, by wire transfer of immediately available funds, to the Seller or at the Seller’s
direction that sum set forth in the funding schedule executed by the Seller and the Purchaser relating to the sale of the Mortgage
Loans contemplated hereby (but subject to certain post-settlement adjustment for expenses incurred by the Underwriters and the
Initial Purchasers on behalf of the Depositor and for which the Seller is specifically responsible).

 

The purchase and sale
of the Mortgage Loans shall take place on the Closing Date.

 

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

 

The transfer of each
Mortgage Loan shall be reflected on the Seller’s balance sheets and other financial statements as the sale of such Mortgage
Loan by the Seller to the Purchaser. The Seller intends to treat the transfer of each Mortgage Loan to the Purchaser as a sale
for tax purposes. Following the transfer of the Mortgage Loans by the Seller to the Purchaser, the Seller shall not take any actions
inconsistent with the ownership of the Mortgage Loans by the Purchaser and its assignees.

 

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The transfer of each
Mortgage Loan shall be reflected on the Purchaser’s balance sheets and other financial statements as the purchase of such
Mortgage Loan by the Purchaser from the Seller. The Purchaser intends to treat the transfer of each Mortgage Loan from the Seller
as a purchase for tax purposes. The Purchaser shall be responsible for maintaining, and shall maintain, a set of records for each
Mortgage Loan which shall be clearly marked to reflect the transfer of ownership of each Mortgage Loan by the Seller to the Purchaser
pursuant to this Agreement.

 

SECTION 3     Delivery of Mortgage Loan Documents; Additional Costs and Expenses. (a)  The Purchaser hereby directs the
Seller, and the Seller hereby agrees, such agreement effective upon the transfer of the Mortgage Loans as contemplated herein,
to deliver to and deposit with (or to cause to be delivered to and deposited with) the Custodian (on behalf of the Trustee), with
copies (other than with respect to an Outside Serviced Mortgage Loan) to be delivered to the Master Servicer, on the dates set
forth in Section 2.01 of the Pooling and Servicing Agreement, all documents, instruments and agreements required to be delivered
by the Purchaser, or contemplated to be delivered by the Seller (whether at the direction of the Purchaser or otherwise), to the
Custodian and the Master Servicer, with respect to the Mortgage Loans under Section 2.01 of the Pooling and Servicing Agreement,
and meeting all the requirements of such Section 2.01 of the Pooling and Servicing Agreement; provided that the Seller
shall not be required to deliver any draft documents, privileged or other related Seller communications, credit underwriting, due
diligence analyses or data, or internal worksheets, memoranda, communications or evaluations.

 

With respect to letters
of credit (exclusive of those relating to an Outside Serviced Mortgage Loan), the Seller shall deliver to the Master Servicer,
and the Pooling and Servicing Agreement shall require the Master Servicer to hold, the original (or copy, if such original has
been submitted by the Seller to the issuing bank to effect an assignment or amendment of such letter of credit (changing the beneficiary
thereof to the Trustee (in care of the Master Servicer) for the benefit of Certificateholders and, if applicable, the related Serviced
Companion Loan Holder, to the extent required in order for the Master Servicer to draw on such letter of credit on behalf of the
Trustee for the benefit of Certificateholders and, if applicable, the related Serviced Companion Loan Holder in accordance with
the applicable terms thereof and/or of the related Loan Documents)) and the Seller shall be deemed to have satisfied any such delivery
requirements by delivering with respect to any letter(s) of credit a copy thereof to the Custodian together with an Officer’s
Certificate of the Seller certifying that such document has been delivered to the Master Servicer or an Officer’s Certificate
from the Master Servicer certifying that it holds the letter(s) of credit pursuant to Section 2.01(b) of the Pooling and Servicing Agreement. If a letter of credit referred to in the previous sentence is not in a form that would allow the Master Servicer
to draw on such letter of credit on behalf of the Trustee for the benefit of Certificateholders and, if applicable, the related
Serviced Companion Loan Holder in accordance with the applicable terms thereof and/or of the related Loan Documents, the Seller
shall deliver the appropriate assignment or amendment documents (or copies of such assignment or amendment documents if the Seller
has submitted the originals to the related issuer of such letter of credit for processing) to the Master Servicer within 90 days
of the Closing Date. The Seller shall pay any costs of assignment or amendment of such letter(s) of credit required in order for
the Master Servicer to draw on such letter(s) of credit on behalf of the Trustee for the benefit of Certificateholders and, if
applicable, the related Serviced Companion Loan Holder,

 

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and shall cooperate with the reasonable requests of the Master Servicer
or the Special Servicer, as applicable, in connection with effectuating a draw under any such letter of credit prior to the date
such letter of credit is assigned or amended in order that it may be drawn by the Master Servicer on behalf of the Trustee for
the benefit of Certificateholders and, if applicable, the related Serviced Companion Loan Holder.

 

(b)           Except with respect to any Outside Serviced Mortgage Loan, the Seller shall deliver to and deposit with (or cause to be
delivered to and deposited with) the Master Servicer within five (5) Business Days after the Closing Date: (i) a copy
of the Mortgage File; (ii) all documents and records not otherwise required to be contained in the Mortgage File that (A) relate
to the origination and/or servicing and administration of the Mortgage Loans and any related Serviced Companion Loan(s), (B) are
reasonably necessary for the ongoing administration and/or servicing of the Mortgage Loans (including any asset summaries related
to the Mortgage Loans that were delivered to the Rating Agencies in connection with the rating of the Certificates) or any related
Serviced Companion Loans or for evidencing or enforcing any of the rights of the holder of the Mortgage Loans or any related Serviced
Companion Loans or holders of interests therein, and (C) are in the possession or under the control of the Seller; and (iii) all
unapplied Escrow Payments and reserve funds in the possession or under control of the Seller that relate to the Mortgage Loans
and any related Serviced Companion Loans together with a statement indicating which Escrow Payments and reserve funds are allocable
to each Mortgage Loan or any related Serviced Companion Loan; provided that copies of any document in the Mortgage File
and any other document, record or item referred to above in this sentence that, in each case, constitutes a Designated Servicing
Document shall be delivered to the Master Servicer on or before the Closing Date; and provided, further, that the
Seller shall not be required to deliver any draft documents, privileged or other related Seller communications, credit underwriting,
due diligence analyses or data, or internal worksheets, memoranda, communications or evaluations. Notwithstanding the foregoing,
this Section 3(b) shall not apply to any Outside Serviced Mortgage Loan.

 

(c)           With respect to any Mortgage Loan secured by any Mortgaged Property that is subject to a franchise agreement with a related
comfort letter in favor of the Seller that requires notice to or request of the related franchisor to transfer or assign any such
related comfort letter to the Trustee for the benefit of the Certificateholders or have a new comfort letter (or any such new document
or acknowledgement as may be contemplated under the existing comfort letter) issued in the name of the Trustee for the benefit
of the Certificateholders, the Seller or its designee shall, within 45 days of the Closing Date (or any shorter period if required
by the applicable comfort letter), provide any such required notice or make any such required request to the related franchisor
for the transfer or assignment of such comfort letter or issuance of a new comfort letter (or any such new document or acknowledgement
as may be contemplated under the existing comfort letter), with a copy of such notice or request to the Custodian (who shall include
such document in the related Mortgage File), the Special Servicer and the Master Servicer, and the Master Servicer shall use reasonable
efforts in accordance with the Servicing Standard to acquire such replacement comfort letter, if necessary (or to acquire any such
new document or acknowledgement as may be contemplated under the existing comfort letter), and the Master Servicer shall, as soon
as reasonably practicable following receipt thereof, deliver the original of such replacement comfort letter, new document or acknowledgement,
as applicable, to the Custodian for inclusion in the Mortgage File.

 

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SECTION 4     Treatment as a Security Agreement. Pursuant to Section 1 hereof, the Seller has conveyed to the Purchaser
all of its right, title and interest in and to the Mortgage Loans. The parties intend that such conveyance of the Seller’s
right, title and interest in and to the Mortgage Loans pursuant to this Agreement shall constitute a purchase and sale and not
a loan. If such conveyance is deemed to be a pledge and not a sale, then the parties also intend and agree that the Seller shall
be deemed to have granted, and in such event does hereby grant, to the Purchaser, a first priority security interest in all of
its right, title and interest in, to and under the Mortgage Loans, all payments of principal or interest on such Mortgage Loans
due after the Cut-Off Date, all other payments made in respect of such Mortgage Loans after the Cut-Off Date (and, in any event,
excluding scheduled payments of principal and interest due on or before the Cut-Off Date) and all proceeds thereof, and that this
Agreement shall constitute a security agreement under applicable law. If such conveyance is deemed to be a pledge and not a sale,
the Seller consents to the Purchaser hypothecating and transferring such security interest in favor of the Trustee and transferring
the obligation secured thereby to the Trustee.

 

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

 

(a)           with respect to the Mortgage Loans (other than any Outside Serviced Mortgage Loan), it shall record and file, or cause a
third party on its behalf to record and file, in the appropriate public recording office for real property records or UCC financing
statements, as appropriate, each related assignment of Mortgage and assignment of Assignment of Leases, and each related UCC-3
financing statement referred to in the definition of Mortgage File, in each case in favor of the Trustee, as and to the extent
contemplated under Section 2.01(c) of the Pooling and Servicing Agreement. All out of pocket costs and expenses relating to
the recordation or filing of such assignments of Assignment of Leases, assignments of Mortgage and financing statements shall be
paid by (or caused to be paid by) the Seller. If any such document or instrument is lost or returned unrecorded or unfiled, as
the case may be, because of a defect therein, then the Seller shall promptly prepare or cause the preparation of a substitute therefor
or cure such defect or cause such defect to be cured, as the case may be, and the Seller shall record or file, or cause the recording
or filing of, such substitute or corrected document or instrument, or with respect to any assignments that a third party on the
Seller’s behalf has agreed to record or file as described in the Pooling and Servicing Agreement, the Seller shall deliver
such substitute or corrected document or instrument to such third party (or, if the Mortgage Loan is then no longer subject to
the Pooling and Servicing Agreement, the then holder of such Mortgage Loan);

 

(b)           as to each Mortgage Loan (except with respect to any Outside Serviced Mortgage Loan), if the Seller cannot deliver or cause
to be delivered the documents and/or instruments referred to in clauses (2), (3), (6) (if recorded) and (15) of the definition
of “Mortgage File” in the Pooling and Servicing Agreement 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, as applicable, it shall forward
to the Custodian a copy of the original certified by the Seller or the title agent to be a true and complete copy of the original
thereof submitted for recording. The Seller shall cause each assignment referred to in Section (5)(a) above that is recorded
and the file copy of each UCC-3 assignment referred to in Section (5)(a) above to reflect that it should be returned by
the public recording or filing office to the Custodian or its agent following recording (or, alternatively, to the Seller or its
designee, in which case the

 

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Seller shall deliver or cause the delivery of the recorded/filed original to the Custodian promptly
following receipt); provided that, in those instances where the public recording office retains the original assignment
of Mortgage or assignment of Assignment of Leases, the Seller or its designee shall obtain and provide to the Custodian a certified
copy of the recorded original. On a monthly basis, at the expense of the Seller, the Custodian shall forward to the Master Servicer
a copy of each of the aforementioned assignments following the Custodian’s receipt thereof;

 

(c)           it shall take any action reasonably required by the Purchaser, the Certificate Administrator, the Trustee or the Master
Servicer in order to assist and facilitate the transfer of the servicing of the Mortgage Loans (other than any Outside Serviced
Mortgage Loan) to the Master Servicer, including effectuating the transfer of any letters of credit with respect to any Mortgage
Loan to the Master Servicer on behalf of the Trustee for the benefit of Certificateholders and any Serviced Companion Loan Holder.
Prior to the date that a letter of credit with respect to any Mortgage Loan is so transferred to the Master Servicer, the Seller
will cooperate with the reasonable requests of the Master Servicer or the Special Servicer, as applicable, in connection with effectuating
a draw under such letter of credit as required under the terms of the related Loan Documents. Notwithstanding the foregoing, this
Section 5(c) shall not apply with respect to any Outside Serviced Mortgage Loan;

 

(d)           the Seller shall provide the Master Servicer the initial data with respect to each Mortgage Loan for (i) the CREFC®
Financial File and the CREFC® Loan Periodic Update File that are required to be prepared by the Master Servicer
pursuant to the Pooling and Servicing Agreement and (ii) the Supplemental Servicer Schedule;

 

(e)           if (during the period of time that the Underwriters are required, under applicable law, to deliver a prospectus related
to the Public Certificates in connection with sales of the Public Certificates by an Underwriter or a dealer) the Seller has obtained
actual knowledge of undisclosed or corrected information related to an event that occurred prior to the Closing Date, which event
causes there to be an untrue statement of a material fact with respect to the Seller Information (as such term is defined in the
Indemnification Agreement) in (i) the Prospectus dated May 17, 2016 relating to the Public Certificates, the annexes and exhibits
thereto and any electronic media delivered therewith, or (ii) the Offering Circular dated May 17, 2016 relating to the Private
Certificates, the annexes and exhibits thereto and any electronic media delivered therewith (collectively, the “Offering
Documents”), or causes there to be an omission to state therein a material fact with respect to the Seller Information
required to be stated therein or necessary to make the statements therein with respect to the Seller Information, in the light
of the circumstances under which they were made, not misleading, then the Seller shall promptly notify the Dealers and the Depositor.
If as a result of any such event the Dealers’ legal counsel determines that it is necessary to amend or supplement the Offering
Documents in order to correct the untrue statement, or to make the statements therein, in the light of the circumstances when the
Offering Documents are delivered to a purchaser, not misleading, or to make the Offering Documents in compliance with applicable
law, the Seller shall (to the extent that such amendment or supplement solely relates to the Seller Information) at the expense
of the Seller, do all things reasonably necessary to assist the Depositor to prepare and furnish to the Dealers, such amendments
or supplements to the Offering Documents as may be necessary so that the Seller Information in the Offering Documents, as so amended
or supplemented, will not contain an untrue statement, will not, in the light of the circumstances when the Offering

 

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Documents
are delivered to a purchaser, be misleading and will comply with applicable law. (All capitalized terms used in this Section 5(e)
and not otherwise defined in this Agreement shall have the meanings set forth in the Indemnification Agreement, dated as of May
17, 2016, between the Underwriters, the Initial Purchasers, the Seller and the Depositor (the “Indemnification Agreement”
and, together with this Agreement, the “Operative Documents”)). Notwithstanding the foregoing, the Seller shall
have no affirmative obligation to monitor the performance of the Mortgage Loans or any changes in condition or circumstance of
any Mortgaged Property, Mortgagor, guarantor or any of their Affiliates after the Closing Date in connection with its obligations
under this Section 5(e);

 

(f)            for so long as the Trust Fund is subject to the reporting requirements of the Exchange Act, the Seller shall provide the
Depositor and the Certificate Administrator with any Additional Form 10-D Disclosure, any Additional Form 10-K Disclosure and any
Form 8-K Disclosure Information for which the Seller is responsible as indicated on Exhibit U, Exhibit V and Exhibit Z
to the Pooling and Servicing Agreement within the time periods set forth in the Pooling and Servicing Agreement; provided
that, in connection with providing Additional Form 10-K Disclosure and the Seller’s reporting obligations under Item 1119
of Regulation AB, upon reasonable request by the Seller, the Purchaser shall provide the Seller with a list of all parties to the
Pooling and Servicing Agreement and any other Servicing Function Participant;

 

(g)           within sixty (60) days after the Closing Date, the Seller shall deliver or cause to be delivered an electronic copy of the
Diligence File for each Mortgage Loan to the Depositor by uploading such Diligence File (including, if applicable, any additional
documents that the Seller believes should be included to enable the Asset Representations Reviewer to perform an Asset Review on
such Mortgage Loan; provided that such documents are clearly labeled and identified) to the Designated Site, each such Diligence
File being organized and categorized in accordance with the electronic file structure reasonably requested by the Depositor;

 

(h)           within sixty (60) days after the Closing Date, the Seller shall provide the Depositor (with a copy (which may be sent by
email) to each of the Master Servicer, the Special Servicer, the Certificate Administrator, the Trustee, the Custodian, the Controlling
Class Representative, the Asset Representations Reviewer and the Operating Advisor) with a certification by an authorized officer
of the Seller, substantially in the form of Exhibit F to this Agreement, that the electronic copy of the Diligence File
for each Mortgage Loan uploaded to the Designated Site contains all documents required under the definition of “Diligence
File” and such Diligence Files are organized and categorized in accordance with the electronic file structure reasonably
requested by the Depositor;

 

(i)            upon written request of the Asset Representations Reviewer (in the event that the Asset Representations Reviewer reasonably
determines that any Review Materials made available or delivered to the Asset Representations Reviewer are missing any documents
required to complete any Test for a Mortgage Loan that is a Delinquent Loan), the Seller shall provide to the Asset Representations
Reviewer (or the Master Servicer or the Special Servicer at the request of the Asset Representations Reviewer) within ten (10)
Business Days of receipt of such written request (which time period may be extended upon the mutual agreement of the Seller and
the Asset Representations Reviewer), such documents requested by the Asset

 

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Representations Reviewer and reasonably available to
the Seller relating to each such Delinquent Loan to enable the Asset Representations Reviewer to complete any Test for each such
Delinquent Loan, but only to the extent such documents are in the possession of the Seller; provided that the Seller shall
not be required to provide any documents that are proprietary to the related originator or the Seller or any draft documents, privileged
or internal communications, credit underwriting or due diligence analysis (in connection with providing any requested documents
to the Master Servicer or the Special Servicer, the Seller shall use reasonable efforts to clearly identify such documents as being
delivered in response to a request from the Asset Representations Reviewer and as being required to be transmitted to the Asset
Representations Reviewer; provided that the absence of any such identification shall not relieve the Master Servicer or
the Special Servicer, as the case may be, from any obligations under the Pooling and Servicing Agreement to transmit any such documents
to the Asset Representations Reviewer);

 

(j)            upon the completion of an Asset Review with respect to each Mortgage Loan that is a Delinquent Loan and receipt by the Seller
of a written invoice from the Asset Representations Reviewer, the Seller shall pay to the Asset Representations Reviewer within
forty-five (45) days after receipt of such written invoice the Asset Representations Reviewer Asset Review Fee with respect to
such Delinquent Loan as set forth in Section 11.02(b) of the Pooling and Servicing Agreement, subject to adjustment with respect
to the Mortgage Loan secured by the Mortgaged Property identified on Exhibit A to this Agreement as “Marriott Savannah
Riverfront” as set forth in Section 11.02(b) of the Pooling and Servicing Agreement;

 

(k)           if the Preliminary Asset Review Report indicates that any of the representations and warranties fails or is deemed to fail
any Test, the Seller shall have 90 days from receipt of the Preliminary Asset Review Report (the “Cure/Contest Period”)
to remedy or otherwise refute the Test failure indicated in the Preliminary Asset Review Report. If the Seller elects to refute
the Test failure indicated in the Preliminary Asset Review Report, the Seller shall provide any documents or any explanations to
support (i) a conclusion that a subject representation and warranty has not failed a Test or (ii) a claim that any missing documents
in the Review Materials are not required to complete a Test, in any such case to the Special Servicer;

 

(l)            the Seller acknowledges and agrees that in the event an Enforcing Party elects a dispute resolution method pursuant to Section
2.03 of the Pooling and Servicing Agreement, the Seller shall abide by the selected dispute resolution method and otherwise comply
with the terms and provisions set forth in the Pooling and Servicing Agreement (including the exhibits thereto) related to the
resolution method;

 

(m)          the Seller shall indemnify and hold harmless the Purchaser against any and all expenses, losses, claims, damages and other
liabilities, including without limitation the costs of investigation, legal defense and any amounts paid in settlement of any claim
or litigation arising out of or based upon (i) any failure of the Seller to pay the fees described under Section 5(j) above
within 90 days of written request by the Asset Representations Reviewer or (ii) any failure by the Seller to provide all documents
required to be delivered by it pursuant to this Agreement and under the definition of “Diligence File” in the Pooling
and Servicing Agreement within 60 days of the Closing Date (or such later date specified herein or in the Pooling and Servicing
Agreement); and

 

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(n)           with respect to any Mortgage Loan that is (or may become pursuant to the related Co-Lender Agreement) part of an Outside
Serviced Loan Combination, (x) in the event that the Closing Date occurs prior to the closing date of the creation of the related
Outside Securitization Trust (such event, the “Outside Securitization”), the Seller shall provide (or cause
to be provided) to the Depositor (and counsel thereto) and the Certificate Administrator (i) written notice in a timely manner
of (but no later than three (3) Business Days prior to) the closing of such Outside Securitization, and (ii) no later than one
(1) Business Day after the closing date of such Outside Securitization, a copy of the Outside Servicing Agreement in an EDGAR-compatible
format, and (y) in the event that the Closing Date occurs after the closing of the Outside Securitization, the Seller shall provide,
or cause the Outside Depositor to provide, the Depositor (and counsel thereto) with a copy of the related Outside Servicing Agreement
(together with any amendments thereto) in an EDGAR-compatible format by the later of (i) two (2) Business Days prior to the
Closing Date and (ii) one (1) Business Day after the closing date of such Outside Securitization.

 

SECTION 6     Representations and Warranties.

 

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

 

(i)            The Seller is a limited liability company, duly organized, validly existing and in good standing under the laws of the State
of Delaware with full power and authority to own its assets and conduct its business, is duly qualified as a foreign organization
in good standing in all jurisdictions to the extent such qualification is necessary to hold and sell the Mortgage Loans or otherwise
comply with its obligations under this Agreement except where the failure to be so qualified would not have a material adverse
effect on its ability to perform its obligations hereunder, and the Seller has taken all necessary action to authorize the execution
and delivery of, and performance under, the Operative Documents and has duly executed and delivered each Operative Document, and
has the power and authority to execute, deliver and perform under each Operative Document and all the transactions contemplated
hereby and thereby, including, but not limited to, the power and authority to sell, assign, transfer, set over and convey the Mortgage
Loans in accordance with this Agreement;

 

(ii)           Assuming the due authorization, execution and delivery of this Agreement by the Purchaser, this Agreement will constitute
a legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms, except as such
enforcement may be limited by (A) bankruptcy, insolvency, reorganization, moratorium, liquidation or other similar laws affecting
the enforcement of creditors’ rights generally, (B) general principles of equity (regardless of whether such enforceability
is considered in a proceeding in equity or at law) and (C) public policy considerations underlying the securities laws, to the
extent that such public policy considerations limit the enforceability of the provisions of this Agreement that purport to provide
indemnification for securities laws liabilities;

 

(iii)          The execution and delivery of each Operative Document by the Seller and the performance of its obligations hereunder and
thereunder will not conflict with any

 

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provision of any law or regulation to which the Seller is subject, or conflict with, result
in a breach of, or constitute a default under, any of the terms, conditions or provisions of any of the Seller’s organizational
documents or any agreement or instrument to which the Seller is a party or by which it is bound, or any order or decree applicable
to the Seller, or result in the creation or imposition of any lien on any of the Seller’s assets or property, in each case,
which would materially and adversely affect the ability of the Seller to carry out the transactions contemplated by the Operative
Documents;

 

(iv)          There is no action, suit, proceeding or investigation pending or, to the Seller’s knowledge, threatened against the
Seller in any court or by or before any other governmental agency or instrumentality which would materially and adversely affect
the validity of the Mortgage Loans or the ability of the Seller to carry out the transactions contemplated by each Operative Document;

 

(v)           The Seller is not in default with respect to any order or decree of any court or any order, regulation or demand of any
federal, state, municipal or governmental agency, which default might have consequences that, in the Seller’s good faith
and reasonable judgment, is likely to materially and adversely affect the condition (financial or other) or operations of the Seller
or its properties or might have consequences that, in the Seller’s good faith and reasonable judgment, is likely to materially
and adversely affect its performance under any Operative Document;

 

(vi)          No consent, approval, authorization or order of any court or governmental agency or body is required for the execution,
delivery and performance by the Seller of, or compliance by the Seller with, each Operative Document or the consummation of the
transactions contemplated hereby or thereby, other than those which have been obtained by the Seller and those filings and recordings
of Loan Documents and assignments thereof that are contemplated by the Pooling and Servicing Agreement to be completed after the
Closing Date; and

 

(vii)        The transfer, assignment and conveyance of the Mortgage Loans by the Seller to the Purchaser is not subject to bulk transfer
laws or any similar statutory provisions in effect in any applicable jurisdiction.

 

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

 

(i)            The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware,
with full corporate power and authority to own its assets and conduct its business, is duly qualified as a foreign corporation
in good standing in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such
qualification, except where the failure to be so qualified would not have a material adverse effect on the ability of the Purchaser
to perform its obligations hereunder, and the Purchaser has taken all necessary action to authorize the execution, delivery and
performance of this Agreement by it, and has duly executed and delivered this Agreement, and has the power and authority to

 

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execute,
deliver and perform this Agreement and all the transactions contemplated hereby;

 

(ii)           Assuming the due authorization, execution and delivery of this Agreement by the Seller, this Agreement will constitute a
legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, except as
such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium, liquidation or other similar laws affecting
the enforcement of creditors’ rights generally, and by general principles of equity (regardless of whether such enforceability
is considered in a proceeding in equity or at law);

 

(iii)          The execution and delivery of this Agreement by the Purchaser and the performance of its obligations hereunder will not
conflict with any provision of any law or regulation to which the Purchaser is subject, or conflict with, result in a breach of,
or constitute a default under, any of the terms, conditions or provisions of any of the Purchaser’s organizational documents
or any agreement or instrument to which the Purchaser is a party or by which it is bound, or any order or decree applicable to
the Purchaser, or result in the creation or imposition of any lien on any of the Purchaser’s assets or property, in each
case which would materially and adversely affect the ability of the Purchaser to carry out the transactions contemplated by this
Agreement;

 

(iv)          There is no action, suit, proceeding or investigation pending or, to the Purchaser’s knowledge, threatened against
the Purchaser in any court or by or before any other governmental agency or instrumentality which would materially and adversely
affect the validity of this Agreement or any action taken in connection with the obligations of the Purchaser contemplated herein,
or which would be likely to impair materially the ability of the Purchaser to perform under the terms of this Agreement;

 

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

 

(vi)          No consent, approval, authorization or order of any court or governmental agency or body is required for the execution,
delivery and performance by the Purchaser of, or compliance by the Purchaser with, this Agreement or the consummation of the transactions
contemplated by this Agreement other than those that have been obtained by the Purchaser; and

 

(vii)         The Purchaser has (i) prepared a report on Form ABS-15G under the Exchange Act (the “Form 15G”) that
attaches the Accountant’s Third-Party Due Diligence Report (as defined herein) (a final draft of which Form 15G was provided
to the Seller at least 5 business days before the first pricing date with respect to the Certificates); and (ii) furnished the
Form 15G to the Commission (as defined herein) on

 

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EDGAR at least 5 business days before the first pricing date with respect to
the Certificates as required by Rule 15Ga-2 under the Exchange Act.

 

(c)           The Seller further makes the representations and warranties as to the Mortgage Loans set forth in Exhibit B
to this Agreement as of the Cut-Off Date or such other date set forth in Exhibit B to this Agreement, which representations
and warranties are subject to the exceptions thereto set forth in Exhibit C to this Agreement.

 

(d)           Pursuant to the Pooling and Servicing Agreement, if (i) any party thereto (other than the Asset Representations Reviewer)
discovers or receives notice alleging that any document constituting a part of a Mortgage File has not been properly executed,
is missing, contains information that does not conform in any material respect with the corresponding information set forth in
the Mortgage Loan Schedule, or does not appear to be regular on its face (each, a “Document Defect”), or discovers
or receives notice alleging a breach of any representation or warranty of the Seller made pursuant to Section 6(c)
of this Agreement with respect to any Mortgage Loan (a “Breach”) or (ii) the Special Servicer or the Purchaser
receives a Repurchase Request, then such party is required to give prompt written notice thereof to the Seller.

 

(e)           Pursuant to the Pooling and Servicing Agreement, the Special Servicer is required to determine whether any such Document
Defect or Breach with respect to any Mortgage Loan materially and adversely affects, or such Document Defect is deemed in accordance
with Section 2.03 of the Pooling and Servicing Agreement to materially and adversely affect, the value of the Mortgage Loan
or any related REO Property or the interests of the Certificateholders therein or causes any Mortgage Loan to fail to be a Qualified
Mortgage (any such Document Defect shall constitute a “Material Document Defect” and any such Breach shall constitute
a “Material Breach”; and a Material Breach and/or a Material Document Defect, as the case may be, shall constitute
a “Material Defect”). If such Document Defect or Breach has been determined to be a Material Defect, then the
Special Servicer will be required to give prompt written notice thereof to the Seller, demanding that the Seller cure such Material
Defect. Promptly upon becoming aware of any such Material Defect (including, without limitation, through a written notice given
by any party to the Pooling and Servicing Agreement, as provided above if the Document Defect or Breach identified therein is a
Material Defect), the Seller shall, not later than 90 days from the earlier of the Seller’s (x) discovery of, and (y)
receipt of notice of and receipt of a demand to take action with respect to such Material Defect (or, in the case of a Material
Defect relating to a Mortgage Loan not being a Qualified Mortgage, not later than 90 days from any party discovering such
Material Defect), cure the same in all material respects (which cure shall include payment of any losses and Additional Trust Fund
Expenses associated therewith (including, if applicable, the amount of any fees of the Asset Representations Reviewer payable pursuant
to Section 5(j) above attributable to the Asset Review of such Mortgage Loan)) or, if such Material Defect cannot be cured within
such 90-day period, the Seller shall (before the end of such 90-day period) either: (i) repurchase the affected Mortgage Loan or
any related REO Property (or the Trust Fund’s interest therein) at the applicable Purchase Price by wire transfer of immediately
available funds to the Collection Account; or (ii) substitute a Qualified Substitute Mortgage Loan for such affected Mortgage Loan
(provided that in no event shall any such substitution occur later than the second anniversary of the Closing Date) and pay the
Master Servicer, for deposit into the Collection Account, any Substitution Shortfall Amount in

 

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connection therewith; provided,
however, that if (i) such Material Defect is capable of being cured but not within such 90-day period, (ii) such Material
Defect is not related to any Mortgage Loan’s not being a Qualified Mortgage and (iii) the Seller has commenced and is diligently
proceeding with the cure of such Material Defect within such 90-day period, then the Seller shall have an additional 90 days
to complete such cure (or, in the event of a failure to so cure, to complete such repurchase of the related Mortgage Loan or substitute
a Qualified Substitute Mortgage Loan as described above) it being understood and agreed that, in connection with the Seller’s
receiving such additional 90-day period, the Seller shall deliver an Officer’s Certificate to the Trustee, the Special Servicer
and the Certificate Administrator setting forth the reasons such Material Defect is not capable of being cured within the initial
90-day period and what actions the Seller is pursuing in connection with the cure thereof and stating that the Seller anticipates
that such Material Defect will be cured within such additional 90-day period; and provided, further, that, if any
such Material Defect is still not cured after the initial 90-day period and any such additional 90-day period solely due to the
failure of the Seller to have received the recorded document, then the Seller shall be entitled to continue to defer its cure,
repurchase and/or substitution obligations in respect of such Material Defect so long as the Seller certifies to the Trustee, the
Special Servicer and the Certificate Administrator every 30 days thereafter that the Material Defect is still in effect solely
because of its failure to have received the recorded document and that the Seller is diligently pursuing the cure of such defect
(specifying the actions being taken), except that no such deferral of cure, repurchase or substitution may continue beyond the
date that is 18 months following the Closing Date. Any such repurchase or substitution of a Mortgage Loan shall be on a whole loan,
servicing released basis. The Seller shall have no obligation to monitor the Mortgage Loans regarding the existence of a Breach
or a Document Defect, but if the Seller discovers a Material Defect with respect to a Mortgage Loan, it will notify the Purchaser.
Monthly Payments due with respect to each Qualified Substitute Mortgage Loan (if any) after the related Due Date in the month of
substitution, and Monthly Payments due with respect to each Mortgage Loan being repurchased or replaced after the related Cut-Off
Date and received by the Master Servicer or the Special Servicer on behalf of the Trust on or prior to the related date of repurchase
or substitution, shall be part of the Trust Fund. Monthly Payments due with respect to each Qualified Substitute Mortgage Loan
(if any) on or prior to the related Due Date in the month of substitution, and Monthly Payments due with respect to each Mortgage
Loan being repurchased or replaced and received by the Master Servicer or the Special Servicer on behalf of the Trust after the
related date of repurchase or substitution, shall not be part of the Trust Fund and shall be required, under the Pooling and Servicing
Agreement, to be remitted by the Master Servicer to the Seller promptly following receipt. From and after the date of substitution,
each Qualified Substitute Mortgage Loan, if any, that has been substituted shall be deemed to constitute a “Mortgage Loan”
hereunder for all purposes. No mortgage loan may be substituted for a Defective Mortgage Loan as contemplated by this Section
6(e) if the Mortgage Loan to be replaced was itself a Qualified Substitute Mortgage Loan that had replaced a prior Mortgage
Loan, in which case, absent a cure (including by the making of a Loss of Value Payment pursuant to the following paragraph) of
the relevant Material Defect, the affected Mortgage Loan will be required to be repurchased.

 

Notwithstanding the foregoing
provisions of this Section 6(e), in lieu of the Seller performing its obligations with respect to any Material Defect as
set forth in the preceding paragraph, to the extent that the Seller and the Special Servicer (with the consent of the Controlling
Class Representative other than with respect to any Excluded Mortgage Loan and

 

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prior to the occurrence of a Control Termination
Event) as provided in the Pooling and Servicing Agreement, are able to agree upon a cash payment payable by the Seller to the Purchaser
or the Trust, as applicable, that would be deemed sufficient to compensate the Purchaser or the Trust, as applicable, for a Material
Defect (a “Loss of Value Payment”), the Seller may elect, in its sole discretion, to pay such Loss of Value
Payment to the Purchaser or the Trust, as applicable; provided, that a Material Defect as a result of a Mortgage Loan not
constituting a Qualified Mortgage, may not be cured by a Loss of Value Payment; and provided, further that the Loss
of Value Payment shall include the portion of any Liquidation Fees payable to the Special Servicer in respect of such Loss of Value
Payment and the portion of fees of the Asset Representations Reviewer attributable to the Asset Review of such Mortgage Loan. Upon
its making such payment, the Seller shall be deemed to have cured such Material Defect in all respects. Provided that such Loss
of Value Payment is made, this paragraph describes the sole remedy available to the Purchaser or the Trust, as applicable, and
its assignees regarding any such Material Defect, and the Seller shall not be obligated to repurchase or replace the affected Mortgage
Loan or otherwise cure such Material Defect. This paragraph is intended to apply only to a mutual agreement or settlement between
the Seller and the Special Servicer, as the case may be, provided that, prior to any such agreement or settlement, nothing
in this paragraph shall preclude the Seller or the Special Servicer, as applicable, from exercising any of its rights related to
a Material Defect in the manner and within the time frames set forth in the Pooling and Servicing Agreement or this Section
6(e) (excluding this paragraph) (including any right to cure, repurchase or substitute for a Mortgage Loan).

 

If (x) a Mortgage
Loan is to be repurchased or replaced as described above (a “Defective Mortgage Loan”), (y) such Defective
Mortgage Loan is part of a Cross-Collateralized Group and (z) the applicable Document Defect or Breach does not constitute
a Material Defect as to the other Mortgage Loan(s) that are a part of such Cross-Collateralized Group (the “Other Crossed
Loans”) (without regard to this paragraph), then the applicable Document Defect or Breach (as the case may be) shall
be deemed to constitute a Material Defect as to each such Other Crossed Loan for purposes of the above provisions, and the Seller
shall be obligated to repurchase or replace each such Other Crossed Loan in accordance with the provisions above unless, in the
case of such Breach or Document Defect, as applicable:

 

(A)
 the Seller (at its expense) delivers or causes to be delivered to the Trustee, the Master Servicer and the Special Servicer
an Opinion of Counsel to the effect that such Seller’s repurchase or replacement of only those Mortgage Loans as to which
a Material Defect has actually occurred without regard to the provisions of this paragraph (the “Affected Loan(s)”)
and the operation of the remaining provisions of this Section 6(e) (i) will not cause either Trust REMIC to fail to
qualify as a REMIC 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 at any time that any Certificate is outstanding and (ii) will not result in the imposition
of a tax upon either Trust 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); and

 

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(B) 
 each of the following conditions would be satisfied if the Seller were to repurchase or replace only the Affected Loans
and not the Other Crossed Loans:

 

(1)  
the debt service coverage ratio for such Other Crossed Loan(s) (excluding the Affected Loan(s)) for the four calendar quarters
immediately preceding the repurchase or replacement is not less than the lesser of (A) 0.10x below the debt service coverage
ratio for the Cross-Collateralized Group (including the Affected Loan(s)) set forth in Annex A to the Prospectus and
(B) the debt service coverage ratio for the Cross-Collateralized Group (including the Affected Loan(s)) for the four preceding
calendar quarters preceding the repurchase or replacement;

 

(2)  
the loan-to-value ratio for the Other Crossed Loans (excluding the Affected Loan(s)) is not greater than the greatest of
(A) the loan-to-value ratio, expressed as a whole number percentage (taken to one decimal place), for the Cross-Collateralized
Group (including the Affected Loan(s)) set forth in Annex A to the Prospectus plus 10%, (B) the loan-to-value
ratio, expressed as a whole number percentage (taken to one decimal place), for the Cross-Collateralized Group (including the Affected
Loan(s)) at the time of repurchase or replacement and (C) 75%; and

 

(3)  
either (x) the exercise of remedies against the Primary Collateral of any Mortgage Loan in the Cross-Collateralized Group
will not impair the ability to exercise remedies against the Primary Collateral of the other Mortgage Loans in the Cross-Collateralized
Group or (y) the Loan Documents evidencing and securing the relevant Mortgage Loans have been modified in a manner that complies
with this Agreement and the Pooling and Servicing Agreement and that removes any threat of impairment of the ability to exercise
remedies against the Primary Collateral of the other Mortgage Loans in the Cross-Collateralized Group as a result of the exercise
of remedies against the Primary Collateral of any Mortgage Loan in the Cross-Collateralized Group.

 

The determination of
the Special Servicer as to whether the conditions set forth above have been satisfied shall be conclusive and binding in the absence
of manifest error on the Certificateholders, other parties to the Pooling and Servicing Agreement and the Seller. The Special Servicer
will be entitled to cause to be delivered, or direct the Seller to (in which case the Seller shall) cause to be delivered, to the
Special Servicer an Appraisal of any or all of the related Mortgaged Properties for purposes of determining whether the condition
set forth in clause (B)(2) above has been satisfied, in each case at the expense of the Seller if the scope and cost
of the Appraisal is approved by the Seller and, prior to the occurrence and continuance of a Control Termination Event, the Controlling
Class Representative (such approval not to be unreasonably withheld in each case).

 

With respect to any Defective
Mortgage Loan that forms a part of a Cross-Collateralized Group and as to which the conditions described in the second preceding
paragraph

 

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are satisfied, such that the Trust Fund will continue to hold the Other Crossed Loans, the Seller and the Depositor agree
to forbear from enforcing any remedies against the other’s Primary Collateral but each is permitted to exercise remedies
against the Primary Collateral securing its respective Mortgage Loans, including with respect to the Trustee, the Primary Collateral
securing the Affected Loan(s) still held by the Trustee. If the exercise of remedies by one such party would impair the ability
of the other such party to exercise its remedies with respect to the Primary Collateral securing the Affected Loan or the Other
Crossed Loans, as the case may be, held by the other such party, then both parties shall forbear from exercising such remedies
unless and until the Loan Documents evidencing and securing the relevant Mortgage Loans can be modified in a manner that complies
with this Agreement to remove the threat of impairment as a result of the exercise of remedies. Any reserve or other cash collateral
or letters of credit securing any of the Mortgage Loans that form a Cross-Collateralized Group shall be allocated between such
Mortgage Loans in accordance with the related Loan Documents, or otherwise on a pro rata basis based upon their outstanding
Stated Principal Balances. All other terms of the Mortgage Loans shall remain in full force and effect, without any modification
thereof. The provisions of this paragraph shall be binding on all future holders of each Mortgage Loan that forms part of a Cross-Collateralized
Group.

 

The Pooling and Servicing
Agreement provides that, to the extent necessary and appropriate, the Master Servicer or Special Servicer, as applicable, will
execute (pursuant to a limited power of attorney provided by the Trustee who will not be liable for any misuse of any such power
of attorney by the Master Servicer or Special Servicer, as applicable, or any of its agents or subcontractors) the modification
of the Loan Documents that complies with this Agreement to remove the threat of impairment of the ability of the Seller or the
Trust Fund to exercise its remedies with respect to the Primary Collateral securing the Mortgage Loan(s) held by such party resulting
from the exercise of remedies by the other such party. All costs and expenses incurred by the Trustee, the Special Servicer and
the Master Servicer with respect to any Cross-Collateralized Group pursuant to this paragraph and the first, second and third preceding
paragraphs shall be advanced by the Master Servicer as provided for in Section 2.03(a) of the Pooling and Servicing Agreement,
and such advances and interest thereon shall be included in the calculation of Purchase Price for the Affected Loan(s) to be repurchased
or replaced.

 

Subject to the Seller’s
right to cure set forth above in this Section 6(e), and further subject to Sections 2.01(b) and 2.01(c) of the Pooling
and Servicing Agreement, failure of the Seller to deliver the documents referred to in clauses (1), (2), (7), (8), (18) and (19)
in the definition of “Mortgage File” in the Pooling and Servicing Agreement in accordance with this Agreement and the
Pooling and Servicing Agreement for any Mortgage Loan shall be deemed a Material Document Defect; provided, however,
that no Document Defect (except such deemed Material Document Defect described above) shall be considered to be a Material Document
Defect unless the document with respect to which the Document Defect exists is required in connection with an imminent enforcement
of the lender’s rights or remedies under the related Mortgage Loan, defending any claim asserted by any Mortgagor or third
party with respect to the Mortgage Loan, establishing the validity or priority of any lien on any collateral securing the Mortgage
Loan or for any immediate significant servicing obligation.

 

    -16- 

     

    

 

With respect to any Outside
Serviced Mortgage Loan, the Seller agrees that if a “material document defect” (as such term or any analogous term
is defined in the related Outside Servicing Agreement) exists under the related Outside Servicing Agreement with respect to the
related Outside Serviced Companion Loan included in the related Outside Securitization Trust, and such Outside Serviced Companion
Loan is repurchased by or on behalf of such Seller (or other responsible repurchasing entity) from the related Outside Securitization
Trust as a result of such “material document defect” (as such term or any analogous term is defined in such Outside
Servicing Agreement), then the Seller shall repurchase such Outside Serviced Mortgage Loan; provided, however, that
such repurchase obligation does not apply to any “material document defect” (as such term or any analogous term is
defined in the related Outside Servicing Agreement) related solely to the promissory note for such Outside Serviced Companion Loan.

 

(f)            In connection with any repurchase or substitution of one or more Mortgage Loans pursuant to this Section 6,
the Pooling and Servicing Agreement shall provide that the Trustee, the Certificate Administrator, the Custodian, the Master Servicer
and the Special Servicer shall each tender to the repurchasing entity, upon delivery to each of them of a receipt executed by the
repurchasing entity evidencing such repurchase or substitution, all portions of the Mortgage File (including, without limitation,
the Servicing File) and other documents and all Escrow Payments and reserve funds pertaining to such Mortgage Loan possessed by
it, and each document that constitutes a part of the Mortgage File shall be endorsed or assigned to the extent necessary or appropriate
to the repurchasing or substituting entity or its designee in the same manner, but only if the respective documents have been previously
assigned or endorsed to the Trustee, and pursuant to appropriate forms of assignment, substantially similar to the manner and forms
pursuant to which such documents were previously assigned to the Trustee or as otherwise reasonably requested to effect the retransfer
and reconveyance of the Mortgage Loan and the security therefor to the Seller or its designee; provided that such tender
by the Trustee and the Custodian shall be conditioned upon its receipt from the Master Servicer of a Request for Release and an
Officer’s Certificate to the effect that the requirements for repurchase or substitution have been satisfied. In the event
a Qualified Substitute Mortgage Loan is substituted for a Defective Mortgage Loan by the Seller as contemplated by this Section
6, the Seller shall deliver to the Custodian the related Mortgage File and to the Master Servicer all Escrow Payments and reserve
funds pertaining to such Qualified Substitute Mortgage Loan possessed by it and a certification to the effect that such Qualified
Substitute Mortgage Loan satisfies all of the requirements of the definition of “Qualified Substitute Mortgage Loan”
in the Pooling and Servicing Agreement.

 

If any Mortgage Loan
is to be repurchased or replaced as contemplated by this Section 6, the Seller shall amend the Mortgage Loan Schedule to
reflect the removal of any deleted Mortgage Loan and, if applicable, the substitution of the related Qualified Substitute Mortgage
Loan(s) and deliver or cause the delivery of such amended Mortgage Loan Schedule to the parties to the Pooling and Servicing Agreement.
Upon any substitution of a Qualified Substitute Mortgage Loan for a deleted Mortgage Loan, such Qualified Substitute Mortgage Loan
shall become part of the Trust Fund and be subject to the terms of this Agreement in all respects.

 

(g)           The representations and warranties of the parties hereto shall survive the execution and delivery of this Agreement and
shall inure to the benefit of the respective parties,

 

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notwithstanding any restrictive or qualified endorsement on the Notes or
Assignment of Mortgage or the examination of the Mortgage Files.

 

(h)           Each party hereto agrees to promptly notify the other party of any breach of a representation or warranty contained in Section
6(c) of this Agreement. The Seller’s obligation to cure any Material Defect or to repurchase, or substitute for, or make
a Loss of Value Payment with respect to, any affected Mortgage Loan pursuant to this Section 6 shall constitute the sole
remedy available to the Purchaser in connection with a breach of any of the Seller’s representations or warranties contained
in Section 6(c) of this Agreement or a Document Defect with respect to any Mortgage Loan.

 

(i)            The Seller shall promptly notify the Depositor if (i) the Seller receives a Repurchase Communication of a Repurchase Request
(other than from the Depositor), (ii) the Seller repurchases or replaces a Mortgage Loan, (iii) the Seller receives a Repurchase
Communication of a Repurchase Request Withdrawal (other than from the Depositor) or (iv) the Seller rejects or disputes any Repurchase
Request. Each such notice shall be given no later than the tenth (10th) Business Day after (A) with respect to clauses (i) and
(iii) of the preceding sentence, receipt of a Repurchase Communication of a Repurchase Request or a Repurchase Request Withdrawal,
as applicable, and (B) with respect to clauses (ii) and (iv) of the preceding sentence, the occurrence of the event giving rise
to the requirement for such notice, and shall include (1) the identity of the related Mortgage Loan and the person making the Repurchase
Request, (2) the date (x) such Repurchase Communication of such Repurchase Request or Repurchase Request Withdrawal was received,
(y) the related Mortgage Loan was repurchased or replaced or (z) the Repurchase Request was rejected or disputed, as applicable,
and (3) if known, the basis for (x) the Repurchase Request (as asserted in the Repurchase Request) or (y) any rejection or dispute
of a Repurchase Request, as applicable.

 

The Seller shall provide
to the Depositor and the Certificate Administrator the Seller’s “Central Index Key” number assigned by the Securities
and Exchange Commission (the “Commission”) and a true, correct and complete copy of the relevant portions of
any Form ABS-15G that the Seller is required to file with the Commission under Rule 15Ga-1 under the Exchange Act with respect
to the Mortgage Loans, on or before the date that is five (5) Business Days before the date such Form ABS-15G is required
to be filed with the Commission.

 

In addition, the Seller
shall provide the Depositor, upon request, such other information in its possession as would permit the Depositor to comply with
its obligations under Rule 15Ga-1 under the Exchange Act to disclose fulfilled and unfulfilled repurchase requests. Any such
information requested shall be provided as promptly as practicable after such request is made.

 

The Seller agrees that
no Rule 15Ga-1 Notice Provider will be required to provide information in a Rule 15Ga-1 Notice that is protected by the attorney-client
privilege or attorney work product doctrines. In addition, the Seller hereby acknowledges that (i) any Rule 15Ga-1 Notice
provided pursuant to Section 2.03(a) of the Pooling and Servicing Agreement is so provided only to assist the Seller, the
Depositor and their respective Affiliates to comply with Rule 15Ga-1 under the Exchange Act, Items 1104 and 1121 of Regulation
AB and any other requirement of law or regulation and (ii)(A) no action taken by, or inaction of, a Rule 15Ga-1

 

    -18- 

     

    

 

Notice Provider
and (B) no information provided pursuant to Section 2.03(a) of the Pooling and Servicing Agreement by a Rule 15Ga-1 Notice
Provider shall be deemed to constitute a waiver or defense to the exercise of any legal right the Rule 15Ga-1 Notice Provider may
have with respect to this Agreement, including with respect to any Repurchase Request that is the subject of a Rule 15Ga-1 Notice.

 

Each party hereto agrees
that the receipt of a Rule 15Ga-1 Notice or the delivery of any notice required to be delivered pursuant to this Section 6(i)
shall not, in and of itself, constitute delivery of notice of, receipt of notice of, or knowledge of the Seller of, any Material
Defect.

 

Each party hereto agrees
and acknowledges that, as of the date of this Agreement, the “Central Index Key” number of the Trust Fund is 0001673255.

 

“Repurchase
Communication” means, for purposes of this Section 6(i) only, any communication, whether oral or written,
which need not be in any specific form.

 

(j)            The Seller hereby acknowledges and agrees that it has engaged Ernst & Young LLP (the “Accounting Firm”)
to perform “due diligence services” (as defined in Rule 17g-10 under the Exchange Act) with respect to the Mortgage
Loans and to prepare a “third-party due diligence report” (as defined in Rule 15Ga-2 under the Exchange Act) (the “Accountant’s
Third-Party Due Diligence Report”) in connection therewith. The Seller hereby represents and warrants to, and covenants
with, the Depositor that, except with respect to the Accounting Firm and the Accountant’s Third-Party Due Diligence Report,
the Seller, as of the Closing Date, (A) has not obtained any “third-party due diligence report” (as defined in Rule
15Ga-2 under the Exchange Act), and (B) has not retained any third party to engage in, and will not retain any third party to engage
in, any activity that constitutes “due diligence services” (as defined in Rule 17g-10 under the Exchange Act) with
respect to the Mortgage Loans, unless, in the case of the immediately preceding clause (B) and following the Closing Date, the
Seller (i) provides prior written notice to the Depositor, (ii) requires the third-party due diligence provider to comply
with its obligations under Section 15E(s)(4)(B) of, and Rule 17g-10 under, the Exchange Act (including with respect to the timely
delivery to any applicable NRSRO and to the Depositor of a Form ABS Due Diligence-15E), and (iii) facilitates the Depositor’s
compliance with Rule 17g-5(a)(3)(iii)(E) under the Exchange Act, with respect thereto. The Seller further represents and warrants
that no portion of the Accountant’s Third-Party Due Diligence Report contains, with respect to the information contained
therein with respect to the Mortgage Loans, any names, addresses, other personal identifiers or zip codes with respect to any individuals,
or any other personally identifiable or other information that would be associated with an individual, including without limitation
any “nonpublic personal information” within the meaning of Title V of the Gramm-Leach-Bliley Financial Services Modernization
Act of 1999. The Underwriters and Initial Purchasers are third-party beneficiaries of the provisions set forth in this Section
6(j).

 

(k)           The Seller further represents and warrants that, with respect to any Mortgage Loan that is, or that at any time that any
Certificate is outstanding becomes, part of an Outside Serviced Loan Combination (and for which the depositor under the Outside
Servicing Agreement is not the Purchaser), the related Outside Servicing Agreement contains, or at the

 

    -19- 

     

    

 

time such Outside Servicing
Agreement is executed and delivered will contain, terms and provisions (or, to the extent specified on Exhibit E to this
Agreement, the related Co-Lender Agreement contains terms and provisions) that are designed to comply in all material respects
with the provisions set forth on Exhibit E to this Agreement. The Seller further represents and warrants that, with respect
to any Mortgage Loan that is, or that at any time that any Certificate is outstanding becomes, part of an Outside Serviced Loan
Combination (and for which the depositor under the Outside Servicing Agreement is the Purchaser), the related Co-Lender Agreement
does not contain any terms or provisions that conflict with (or that will conflict with) any terms or provisions in the related
Outside Servicing Agreement that are designed to comply in all material respects with the provisions set forth on Exhibit E to
this Agreement.

 

SECTION 7     Review of Mortgage File. The parties hereto acknowledge that the Custodian will be required to review the Mortgage
Files pursuant to Section 2.02 of the Pooling and Servicing Agreement and if it finds any document or documents not to have
been properly executed, or to be missing or to be defective on its face in any material respect, to notify the Purchaser, which
shall promptly notify the Seller.

 

SECTION 8     Conditions to Closing. The obligation of the Seller to sell the Mortgage Loans shall be subject to the Seller having
received the purchase price for the Mortgage Loans as contemplated by Section 1 of this Agreement. The obligations
of the Purchaser to purchase the Mortgage Loans shall be subject to the satisfaction, on or prior to the Closing Date, of the following
conditions:

 

(a)           Each of the obligations of the Seller required to be performed by it at or prior to the Closing Date pursuant to the terms
of this Agreement shall have been duly performed and complied with and all of the representations and warranties of the Seller
under this Agreement shall, subject to any applicable exceptions set forth on Exhibit C to this Agreement, be true and correct
in all material respects as of the Closing Date or as of such other date as of which such representation is made under the terms
of Exhibit B to this Agreement, and no event shall have occurred as of the Closing Date which would constitute a default
on the part of the Seller under this Agreement, and the Purchaser shall have received a certificate to the foregoing effect signed
by the Seller substantially in the form of Exhibit D to this Agreement.

 

(b)           The Pooling and Servicing Agreement (to the extent it affects the obligations of the Seller hereunder), in such form as
is agreed upon and acceptable to the Purchaser, the Seller, the Underwriters, the Initial Purchasers and their respective counsel
in their reasonable discretion, shall be duly executed and delivered by all signatories as required pursuant to the terms thereof.

 

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

 

(i)            copies of the Seller’s Articles of Association, charter, by-laws or other organizational documents and all amendments,
revisions, restatements and supplements thereof, certified as of a recent date by the Secretary of the Seller;

 

    -20- 

     

    

 

(ii)         a certificate as of a recent date of the Secretary of State of the State of Delaware to the effect that the Seller is duly
organized, existing and in good standing in the State of Delaware;

 

(iii)        an officer’s certificate of the Seller in form reasonably acceptable to the Underwriters, the Initial Purchasers and
each Rating Agency;

 

(iv)        an opinion of counsel of the Seller, subject to customary exceptions and carve-outs, in form reasonably acceptable to the
Underwriters, the Initial Purchasers and each Rating Agency; and

 

(v)          a letter from counsel of the Seller substantially to the effect that (a) nothing has come to such counsel’s attention
that would lead such counsel to believe that the agreed upon sections of the Preliminary Prospectus, the Prospectus, the Preliminary
Offering Circular or the Final Offering Circular (each as defined in the Indemnification Agreement), as of the date thereof or
as of the Closing Date (or, in the case of the Preliminary Prospectus or the Preliminary Offering Circular, solely as of the time
of sale) contained or contain, as applicable, with respect to the Seller Information, any untrue statement of a material fact or
omitted or omit to state a material fact necessary in order to make the statements therein relating to the Seller Information,
in the light of the circumstances under which they were made, not misleading and (b) the Seller Information in the Prospectus appears
to be appropriately responsive in all material respects to the applicable requirements of Regulation AB.

 

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

 

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

 

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

 

(g)         An officer of the Seller (i) prior to the delivery of the Preliminary Prospectus to investors, shall have delivered to the
Depositor for the benefit of the Chief Executive Officer of the Depositor a sub-certification (the “Preliminary Mortgage
Loan Seller Sub-Certification”) to the certification provided by the Chief Executive Officer of the Depositor to the
Commission pursuant to Regulation AB; and (ii) prior to the delivery of the Prospectus to investors, shall have delivered to the
Depositor for the benefit of the Chief Executive Officer of the Depositor a sub-certification (the “Mortgage Loan Seller
Sub-Certification”) to the certification provided by the Chief Executive Officer of the Depositor to the Commission pursuant
to Regulation AB.

 

    -21- 

     

    

 

SECTION 9     Closing. The closing for the purchase and sale of the Mortgage Loans shall take place at the offices of Orrick, Herrington
& Sutcliffe LLP, New York, New York, at 10:00 a.m., on the Closing Date or such other place and time as the parties shall
agree.

 

SECTION 10   Expenses. The Seller will pay its pro rata share (the Seller’s pro rata portion to be determined according
to the percentage that the aggregate principal balance as of the Cut-Off Date of all the Mortgage Loans represents as to the aggregate
principal balance as of the Cut-Off Date of all the mortgage loans to be included in the Trust Fund) of all costs and expenses
of the Purchaser in connection with the transactions contemplated herein, including, but not limited to: (i) the costs and
expenses of the Purchaser in connection with the purchase of the Mortgage Loans; (ii) the costs and expenses of reproducing
and delivering the Pooling and Servicing Agreement and this Agreement and printing (or otherwise reproducing) and delivering the
Certificates; (iii) the reasonable and documented fees, costs and expenses of the Trustee, the Certificate Administrator,
the Master Servicer, the Special Servicer, the Asset Representations Reviewer and their respective counsel; (iv) the fees
and disbursements of a firm of certified public accountants selected by the Purchaser and the Seller with respect to numerical
information in respect of the Mortgage Loans and the Certificates included in the Preliminary Prospectus, the Prospectus, the Preliminary
Offering Circular, the Final Offering Circular and any related disclosure for the initial Form 8-K, including the cost of obtaining
any “comfort letters” with respect to such items; (v) the costs and expenses in connection with the qualification or
exemption of the Certificates under state securities or blue sky laws, including filing fees and reasonable fees and disbursements
of counsel in connection therewith; (vi) the costs and expenses in connection with any determination of the eligibility of
the Certificates for investment by institutional investors in any jurisdiction and the preparation of any legal investment survey,
including reasonable fees and disbursements of counsel in connection therewith; (vii) the costs and expenses in connection with
printing (or otherwise reproducing) and delivering the Registration Statement (as such term is defined in the Indemnification Agreement),
Preliminary Prospectus, Prospectus, Preliminary Offering Circular and Final Offering Circular and the reproducing and delivery
of this Agreement and the furnishing to the Underwriters of such copies of the Registration Statement, Preliminary Prospectus,
Prospectus, Preliminary Offering Circular, Final Offering Circular and this Agreement as the Underwriters may reasonably request;
(viii) the fees of the rating agency or agencies requested to rate the Certificates; (ix) the reasonable fees and expenses
of Orrick, Herrington & Sutcliffe LLP as counsel to the Depositor; and (x) the reasonable fees and expenses of Mayer Brown
LLP, as counsel to the Underwriters and the Initial Purchasers.

 

If the Seller elects
to exercise its rights under Section 12.14 of the Pooling and Servicing Agreement, then the Seller shall pay the reasonable costs
and expenses (if any) of the Depositor, Master Servicer, Special Servicer and Trustee resulting from such parties’ obligations
to cooperate with the Seller under Section 12.14 of the Pooling and Servicing Agreement.

 

SECTION 11   Severability of Provisions. If any one or more of the covenants, agreements, provisions or terms of this Agreement
shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable
from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability
of the other provisions of this Agreement. Furthermore, the parties shall in good faith endeavor to replace any provision held
to be invalid or unenforceable

 

    -22- 

     

    

 

with a valid and enforceable provision which most closely resembles, and which has the same economic
effect as, the provision held to be invalid or unenforceable.

 

SECTION 12   Governing Law. THIS AGREEMENT AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS AGREEMENT, THE
RELATIONSHIP OF THE PARTIES TO THIS AGREEMENT, AND/OR THE INTERPRETATION AND ENFORCEMENT OF THE RIGHTS AND DUTIES OF THE PARTIES
TO THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS AND DECISIONS OF THE STATE OF NEW YORK,
WITHOUT REGARD TO THE CHOICE OF LAW RULES THEREOF. THE PARTIES HERETO INTEND THAT THE PROVISIONS OF SECTION 5-1401 OF THE
NEW YORK GENERAL OBLIGATIONS LAW SHALL APPLY TO THIS AGREEMENT.

 

SECTION 13   Waiver of Jury Trial. THE PARTIES HERETO HEREBY WAIVE, TO THE FULLEST EXTENT PERMITTED BY LAW, THE RIGHT TO TRIAL
BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM, WHETHER IN CONTRACT, TORT OR OTHERWISE, RELATING DIRECTLY OR INDIRECTLY TO THIS
AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

 

SECTION 14   Submission
to Jurisdiction. EACH OF THE PARTIES HERETO IRREVOCABLY (I) SUBMITS TO THE JURISDICTION OF THE COURTS OF THE STATE OF NEW
YORK LOCATED IN NEW YORK COUNTY AND THE FEDERAL COURTS OF THE UNITED STATES OF AMERICA FOR THE SOUTHERN DISTRICT OF NEW YORK FOR
THE PURPOSE OF ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT; (II) WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, THE DEFENSE
OF AN INCONVENIENT FORUM IN ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT; (III) AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION
OR PROCEEDING IN ANY SUCH COURT SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN ANY OTHER JURISDICTION BY SUIT ON THE JUDGMENT OR IN
ANY OTHER MANNER PROVIDED BY LAW; AND (IV) CONSENTS TO SERVICE OF PROCESS UPON IT BY MAILING A COPY THEREOF BY CERTIFIED MAIL
ADDRESSED TO IT AS PROVIDED FOR NOTICES HEREUNDER AND AGREES THAT NOTHING HEREIN SHALL AFFECT THE RIGHT TO EFFECT SERVICE OF PROCESS
IN ANY MANNER PERMITTED BY LAW.

 

SECTION 15  
No Third-Party Beneficiaries. The parties do not intend the benefits of this Agreement to inure to any third party
except as expressly set forth in Section 6 and Section 16.

 

SECTION 16  Assignment. The Seller hereby acknowledges that the Purchaser has, concurrently with the execution hereof, executed
and delivered the Pooling and Servicing Agreement and that, in connection therewith, it has assigned its rights hereunder to the
Trustee for the benefit of the Certificateholders. The Seller hereby acknowledges its obligations pursuant to Sections 2.01,
2.02 and 2.03 of the Pooling and Servicing Agreement. This Agreement shall bind and inure to the benefit of and be enforceable
by the Seller, the Purchaser and their permitted successors and assigns. Any Person into which the Seller may be merged or consolidated,
or any Person resulting from any merger, conversion or consolidation to which the

 

    -23- 

     

    

 

Seller may become a party, or any Person succeeding
to all or substantially all of the business of the Seller, shall be the successor to the Seller hereunder without any further act.
The warranties and representations and the agreements made by the Seller herein shall survive delivery of the Mortgage Loans to
the Trustee until the termination of the Pooling and Servicing Agreement, but shall not be further assigned by the Trustee to any
Person.

 

SECTION 17  Notices. All communications hereunder shall be in writing and effective only upon receipt and (i) if sent to
the Purchaser, will be mailed, hand delivered, couriered or sent by fax transmission or electronic mail and confirmed to it at
Citigroup Commercial Mortgage Securities Inc., 390 Greenwich Street, 5th Floor, New York, New York 10013, to the attention of Paul
Vanderslice, fax number (212) 723-8599, and 390 Greenwich Street, 7th Floor, New York, New York 10013, to the attention of Richard
Simpson, fax number (646) 328-2943, and 388 Greenwich Street, 17th Floor, New York, New York 10013, to the attention of Ryan M.
O’Connor, fax number (646) 862-8988, and with an electronic copy emailed to Richard Simpson at richard.simpson@citi.com and
to Ryan M. O’Connor at ryan.m.oconnor@citi.com, (ii) if sent to the Seller, will be mailed, hand delivered, couriered or
sent by fax transmission or electronic mail and confirmed to it at FCRE REL, LLC, 623 Fifth Avenue, 24th Floor, New York, New York
10022, Attention: Mary F. Davenport, Executive Vice President, Mary.Davenport@FreedomMortgage.com, facsimile number (212) 702-8703;
with a copy sent via overnight mail, hand delivered, couriered or sent by facsimile transmission or electronic email to FCRE REL,
LLC, c/o Freedom Mortgage Corporation, Attention: Chief Corporate Counsel, 907 Pleasant Valley Avenue, Mount Laurel, New Jersey
08054, David.Altman@FreedomMortgage.com, facsimile number 866-656-3365, and (iii) in the case of any of the preceding parties,
such other address as may hereafter be furnished to the other party in writing by such parties.

 

SECTION 18   Amendment. This Agreement may be amended only by a written instrument which specifically refers to this Agreement
and is executed by the Purchaser and the Seller. This Agreement shall not be deemed to be amended orally or by virtue of any continuing
custom or practice. No amendment to the Pooling and Servicing Agreement which relates to defined terms contained therein or to
any obligations or rights of the Seller whatsoever shall be effective against the Seller unless the Seller shall have agreed to
such amendment in writing.

 

SECTION 19   Counterparts. This Agreement may be executed in any number of counterparts, and by the parties hereto in separate
counterparts, each of which when executed and delivered shall be deemed to be an original and all of which taken together shall
constitute one and the same instrument. Delivery of an executed counterpart of a signature page of this Agreement in Portable Document
Format (PDF) or by facsimile transmission shall be as effective as delivery of a manually executed original counterpart of this
Agreement.

 

SECTION 20 
Exercise of Rights. No failure or delay on the part of any party to exercise any right, power or privilege under
this Agreement and no course of dealing between the Seller and the Purchaser shall operate as a waiver thereof, nor shall any single
or partial exercise of any right, power or privilege under this Agreement preclude any other or further exercise thereof or the
exercise of any other right, power or privilege. Except as set forth in Section 6(h) of this Agreement, the rights
and remedies herein expressly provided are cumulative and not exclusive of any rights or remedies which any party would otherwise
have pursuant to

 

    -24- 

     

    

 

law or equity. No notice to or demand on any party in any case shall entitle such party to any other or further
notice or demand in similar or other circumstances, or constitute a waiver of the right of either party to any other or further
action in any circumstances without notice or demand.

 

SECTION 21  
No Partnership. Nothing herein contained shall be deemed or construed to create a partnership or joint venture between
the parties hereto. Nothing herein contained shall be deemed or construed as creating an agency relationship between the Purchaser
and the Seller and neither party shall take any action which could reasonably lead a third party to assume that it has the authority
to bind the other party or make commitments on such party’s behalf.

 

SECTION 22  
Miscellaneous. This Agreement supersedes all prior agreements and understandings relating to the subject matter hereof.
Neither this Agreement nor any term hereof may be waived, discharged or terminated orally, but only by an instrument in writing
signed by the party against whom enforcement of the waiver, discharge or termination is sought.

 

SECTION 23  
Further Assurances. The Seller and Purchaser each agree to execute and deliver such instruments and take such further
actions as any party hereto may, from time to time, reasonably request in order to effectuate the purposes and carry out the terms
of this Agreement.

 

* * * * * *

 

    -25- 

     

    

 

 

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

 

	 	CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC.
	 	 	 
	 	By:	/s/ Richard W. Simpson
	 	 	Name:  Richard W. Simpson
	 	 	Title:    Authorized Signatory

  

	 	FCRE REL, LLC
	 	 	 
	 	By:	/s/ Mary F. Davenport
	 	 	Name: Mary F. Davenport 

	 	 	Title:   Executive Vice
President 

  

Signature Page - CGCMT 2016-C1 –
FCRE Mortgage Loan Purchase Agreement

 

     

     

    

  

EXHIBIT A

MORTGAGE LOAN SCHEDULE

 

    A-1 

     

    

 

 

CGCMT 2016-C1 Mortgage Loan Schedule
- FCRE 

		  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	Original	  	Remaining	  	  	  	Remaining	  	  	  	  	  	  
	Control	  	  	  	Loan	  	  	  	  	  	  	  	  	  	  	  	Cut-Off Date	  	Mortgage	  	Term To	  	  	  	Amortization Term	  	Servicing	  	Subservicing	  	Mortgage 
	Number	  	Footnotes	  	Number	  	Property Name	  	Address	  	City	  	State	  	Zip Code	  	Balance ($)	  	Rate	  	Maturity Date
    (Mos.)	  	Maturity Date	  	(Mos.)	  	Fee Rate (%)	  	Fee Rate (%)	  	Loan Seller
	43	  	  	  	22	  	Oakwood
    Plaza Retail	  	1837
    Homer Adams Parkway	  	Alton	  	Illinois	  	62002	  	4,400,000.00	  	4.80000%	  	119	  	4/6/2026	  	360	  	0.00500%	  	0.00000%	  	FCRE
    REL, LLC
	52	  	  	  	27	  	Henderson
    Place Apartments	  	170
    Henderson Street	  	Midlothian	  	Texas	  	76065	  	2,640,317.21	  	4.95000%	  	117	  	2/6/2026	  	357	  	0.00500%	  	0.00000%	  	FCRE
    REL, LLC
	54	  	  	  	29	  	Creekside
    Apartments	  	4029
    Professional Drive	  	Hope
    Mills	  	North
    Carolina	  	28348	  	2,487,911.47	  	4.85000%	  	116	  	1/6/2026	  	356	  	0.00500%	  	0.00000%	  	FCRE
    REL, LLC

  

     

     

    

 

CGCMT 2016-C1 Mortgage Loan Schedule
- FCRE 

 

		  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	Serviced
    Companion Loan	  	  	  	Serviced
    Companion Loan	  	  	  	  
	  	  	  	  	  	  	  	  	Crossed With	  	  	  	  	  	  	  	  	  	  	  	  	  	Remaining	  	Serviced Companion Loan	  	Remaining	  	Serviced Companion Loan	  	Outside Serviced Mortgage Loan
	Control	  	  	  	Loan	  	  	  	Other Loans	  	ARD	  	Final	  	ARD	  	Serviced Companion Loan	  	Serviced Companion Loan	  	Serviced Companion Loan	  	Term To	  	Maturity	  	Amortization Term	  	Servicing	  	Outside Servicer Primary
	Number	  	Footnotes	  	Number	  	Property Name	  	(Crossed Group)	  	(Yes/No)	  	Maturity Date	  	Revised Rate	  	Flag	  	Cut-off Balance	  	Interest Rate	  	Maturity	  	Date	  	(Mos.)	  	Fee Rate	  	Servicing
    Fee Rate
	43	  	  	  	22	  	Oakwood
    Plaza Retail	  	NAP	  	No	  	4/6/2026	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  
	52	  	  	  	27	  	Henderson
    Place Apartments	  	NAP	  	No	  	2/6/2026	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  
	54	  	  	  	29	  	Creekside
    Apartments	  	NAP	  	No	  	1/6/2026	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  

 

     

     

    

 

EXHIBIT B

MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

 

		(1)	Whole Loan; Ownership of Mortgage Loans. Except with respect to a Mortgage Loan that is
part of a Loan Combination, each Mortgage Loan is a whole loan and not a participation interest in a Mortgage Loan. Each Mortgage
Loan that is part of a Loan Combination is a senior or pari passu portion of a whole loan evidenced by a senior or pari
passu note. At the time of the sale, transfer and assignment to Depositor, no Mortgage Note or Mortgage was subject to any
assignment (other than assignments to the Seller), participation or pledge, and the Seller had good title to, and was the sole
owner of, each Mortgage Loan free and clear of any and all liens, charges, pledges, encumbrances, participations, any other ownership
interests on, in or to such Mortgage Loan other than any servicing rights appointment or similar agreement, any Outside Servicing
Agreement with respect to an Outside Serviced Mortgage Loan and rights of the holder of a related Companion Loan pursuant to a
Co-Lender Agreement. The Seller has full right and authority to sell, assign and transfer each Mortgage Loan, and the assignment
to Depositor constitutes a legal, valid and binding assignment of such Mortgage Loan free and clear of any and all liens, pledges,
charges or security interests of any nature encumbering such Mortgage Loan other than the rights of the holder of a related Companion
Loan pursuant to a Co-Lender Agreement.

 

		(2)	Loan Document Status. Each related Mortgage Note, Mortgage, Assignment of Leases (if a separate
instrument), guaranty and other agreement executed by or on behalf of the related Mortgagor, guarantor or other obligor in connection
with such Mortgage Loan is the legal, valid and binding obligation of the related Mortgagor, guarantor or other obligor (subject
to any non-recourse provisions contained in any of the foregoing agreements and any applicable state anti-deficiency or market
value limit deficiency legislation), as applicable, and is enforceable in accordance with its terms, except (i) as such enforcement
may be limited by (a) bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other similar laws affecting
the enforcement of creditors’ rights generally and (b) general principles of equity (regardless of whether such enforcement
is considered in a proceeding in equity or at law) and (ii) that certain provisions in such Loan Documents (including,
without limitation, provisions requiring the payment of default interest, late fees or prepayment/yield maintenance fees, charges
and/or premiums) are, or may be, further limited or rendered unenforceable by or under applicable law, but (subject to the limitations
set forth in clause (i) above) such limitations or unenforceability will not render such Loan Documents invalid as a whole or materially
interfere with the Mortgagee’s realization of the principal benefits and/or security provided thereby (clauses (i) and (ii)
collectively, the “Standard Qualifications”).

 

Except as set
forth in the immediately preceding sentence, there is no valid offset, defense, counterclaim or right of rescission available to
the related Mortgagor with respect to any of the related Mortgage Notes, Mortgages or other Loan Documents, including, without
limitation, any such valid offset, defense, counterclaim or right based

 

    B-1 

     

    

 

on intentional fraud by the Seller in connection with the
origination of the Mortgage Loan, that would deny the Mortgagee the principal benefits intended to be provided by the Mortgage
Note, Mortgage or other Loan Documents.

 

		(3)	Mortgage Provisions. The Loan Documents for each Mortgage Loan contain provisions that render
the rights and remedies of the holder thereof adequate for the practical realization against the Mortgaged Property of the principal
benefits of the security intended to be provided thereby, including realization by judicial or, if applicable, nonjudicial foreclosure
subject to the limitations set forth in the Standard Qualifications.

 

		(4)	Mortgage Status; Waivers and Modifications. Since origination and except by written instruments
set forth in the related Mortgage File (a) the material terms of such Mortgage, Mortgage Note, Mortgage Loan guaranty, and related
Loan Documents have not been waived, impaired, modified, altered, satisfied, canceled, subordinated or rescinded in any respect
which materially interferes with the security intended to be provided by such Mortgage; (b) no related Mortgaged Property or any
portion thereof has been released from the lien of the related Mortgage in any manner which materially interferes with the security
intended to be provided by such Mortgage or the use or operation of the remaining portion of such Mortgaged Property; and (c) neither
the related Mortgagor nor the related guarantor has been released from its material obligations under the Mortgage Loan.

 

		(5)	Lien; Valid Assignment. Subject to the Standard Qualifications, each assignment of Mortgage
and assignment of Assignment of Leases to the Trust Fund constitutes a legal, valid and binding assignment to the Trust Fund. Each
related Mortgage and Assignment of Leases is freely assignable without the consent of the related Mortgagor. Each related Mortgage
is a legal, valid and enforceable first lien on the related Mortgagor’s fee (or if identified on the Mortgage Loan Schedule,
leasehold) interest in the Mortgaged Property in the principal amount of such Mortgage Loan or allocated loan amount (subject only
to Permitted Encumbrances (as defined below) and the exceptions to paragraph (6) set forth on Exhibit C (each such
exception, a “Title Exception”)), except as the enforcement thereof may be limited by the Standard Qualifications.
Such Mortgaged Property (subject to and excepting Permitted Encumbrances and the Title Exceptions) as of origination was, and as
of the Cut-Off Date, to the Seller’s knowledge, is free and clear of any recorded mechanics’ liens, recorded materialmen’s
liens and other recorded encumbrances which are prior to or equal with the lien of the related Mortgage, except those which are
bonded over, escrowed for or insured against by a lender’s title insurance policy (as described below), and, to the Seller’s
knowledge and subject to the rights of tenants (as tenants only) (subject to and excepting Permitted Encumbrances and the Title
Exceptions), no rights exist which under law could give rise to any such lien or encumbrance that would be prior to or equal with
the lien of the related Mortgage, except those which are bonded over, escrowed for or insured against by a lender’s title
insurance policy (as described below). Notwithstanding anything herein to the contrary, no representation is made as to the perfection
of any security interest in rents or other personal property to the extent that possession or control of such items or actions
other than the filing of Uniform Commercial Code financing statements is required in order to effect such perfection.

 

    B-2 

     

    

 

		(6)	Permitted Liens; Title Insurance. Each Mortgaged Property securing a Mortgage Loan is covered
by an American Land Title Association loan title insurance policy or a comparable form of loan title insurance policy approved
for use in the applicable jurisdiction (or, if such policy is yet to be issued, by a pro forma policy, a preliminary title policy
with escrow instructions or a “marked up” commitment, in each case binding on the title insurer) (the “Title
Policy”) in the original principal amount of such Mortgage Loan (or with respect to a Mortgage Loan secured by multiple
properties, an amount equal to at least the allocated loan amount with respect to the Title Policy for each such property) after
all advances of principal (including any advances held in escrow or reserves), that insures for the benefit of the owner of the
indebtedness secured by the Mortgage, the first priority lien of the Mortgage, which lien is subject only to (a) the lien
of current real property taxes, water charges, sewer rents and assessments due and payable but not yet delinquent; (b) covenants,
conditions and restrictions, rights of way, easements and other matters of public record; (c) the exceptions (general and specific)
and exclusions set forth in such Title Policy; (d) other matters to which like properties are commonly subject; (e) the rights
of tenants (as tenants only) under leases (including subleases) pertaining to the related Mortgaged Property and condominium declarations;
(f) if the related Mortgage Loan constitutes a Cross-Collateralized Mortgage Loan, the lien of the Mortgage for another Mortgage
Loan contained in the same Cross-Collateralized Group; and (g) if the related Mortgage Loan is part of a Loan Combination, the
rights of the holder(s) of the related Companion Loan(s) pursuant to the related Co-Lender Agreement; provided that none of items
(a) through (g), individually or in the aggregate, materially and adversely interferes with the value or current use of the Mortgaged
Property or the security intended to be provided by such Mortgage or the Mortgagor’s ability to pay its obligations when
they become due (collectively, the “Permitted Encumbrances”). Except as contemplated by clauses (f) and (g)
of the preceding sentence, none of the Permitted Encumbrances are mortgage liens that are senior to or coordinate and co-equal
with the lien of the related Mortgage. Such Title Policy (or, if it has yet to be issued, the coverage to be provided thereby)
is in full force and effect, all premiums thereon have been paid and no claims have been made by the Seller thereunder and no claims
have been paid thereunder. Neither the Seller, nor to the Seller’s knowledge, any other holder of the Mortgage Loan, has
done, by act or omission, anything that would materially impair the coverage under such Title Policy.

 

		(7)	Junior Liens. It being understood that B notes secured by the same Mortgage as a Mortgage
Loan are not subordinate mortgages or junior liens, except for any Mortgage Loan that is cross-collateralized and cross-defaulted
with another Mortgage Loan, there are no subordinate mortgages or junior liens securing the payment of money encumbering the related
Mortgaged Property (other than Permitted Encumbrances and the Title Exceptions, taxes and assessments, mechanics’ and materialmen’s
liens (which are the subject of the representation in paragraph (5) above), and equipment and other personal property financing).
Except as set forth on Exhibit B-30-1, the Seller has no knowledge of any mezzanine debt secured directly by interests in
the related Mortgagor.

 

		(8)	Assignment of Leases and Rents. There exists as part of the related Mortgage File an Assignment
of Leases (either as a separate instrument or incorporated into the related Mortgage). Subject to the Permitted Encumbrances and
the Title Exceptions, each related

 

    B-3 

     

    

 

	 	 	 Assignment of Leases creates a valid first-priority collateral assignment of, or a valid first-priority
lien or security interest in, rents and certain rights under the related lease or leases, subject only to a license granted to
the related Mortgagor to exercise certain rights and to perform certain obligations of the lessor under such lease or leases, including
the right to operate the related leased property, except as the enforcement thereof may be limited by the Standard Qualifications.
The related Mortgage or related Assignment of Leases, subject to applicable law, provides that, upon an event of default under
the Mortgage Loan, a receiver is permitted to be appointed for the collection of rents or for the related Mortgagee to enter into
possession to collect the rents or for rents to be paid directly to the Mortgagee.

 

		(9)	UCC Filings. If the related Mortgaged Property is operated as a hospitality property, the
Seller has filed and/or recorded or caused to be filed and/or recorded (or, if not filed and/or recorded, submitted in proper form
for filing and/or recording), UCC financing statements in the appropriate public filing and/or recording offices necessary at the
time of the origination of the Mortgage Loan to perfect a valid security interest in all items of physical personal property reasonably
necessary to operate such Mortgaged Property owned by such Mortgagor and located on the related Mortgaged Property (other than
any non-material personal property, any personal property subject to a purchase money security interest, a sale and leaseback financing
arrangement as permitted under the terms of the related Loan Documents or any other personal property leases applicable to such
personal property), to the extent perfection may be effected pursuant to applicable law by recording or filing, as the case may
be. Subject to the Standard Qualifications, each related Mortgage (or equivalent document) creates a valid and enforceable lien
and security interest on the items of personalty described above. No representation is made as to the perfection of any security
interest in rents or other personal property to the extent that possession or control of such items or actions other than the filing
of UCC financing statements are required in order to effect such perfection.

 

		(10)	Condition of Property. The Seller or the originator of the Mortgage Loan inspected or caused
to be inspected each related Mortgaged Property within six months of origination of the Mortgage Loan and within thirteen months
of the Cut-Off Date.

 

An engineering
report or property condition assessment was prepared in connection with the origination of each Mortgage Loan no more than thirteen
months prior to the Cut-Off Date. To the Seller’s knowledge, based solely upon due diligence customarily performed in connection
with the origination of comparable mortgage loans, as of the Closing Date, each related Mortgaged Property was free and clear of
any material damage (other than deferred maintenance for which escrows were established at origination) that would affect materially
and adversely the use or value of such Mortgaged Property as security for the Mortgage Loan.

 

		(11)	Taxes and Assessments. All taxes, governmental assessments and other outstanding governmental
charges (including, without limitation, water and sewage charges), or installments thereof, which could be a lien on the related
Mortgaged Property that would be of equal or superior priority to the lien of the Mortgage and that prior to the Cut-Off Date have
become delinquent in respect of each related Mortgaged Property have been 

 

    B-4 

     

    

 

	 	 	paid, or an escrow of funds has been established in an
amount sufficient to cover such payments and reasonably estimated interest and penalties, if any, thereon. For purposes of this
representation and warranty, real estate taxes and governmental assessments and other outstanding governmental charges and installments
thereof shall not be considered delinquent until the earlier of (a) the date on which interest and/or penalties would first be
payable thereon and (b) the date on which enforcement action is entitled to be taken by the related taxing authority.

 

		(12)	Condemnation. As of the date of origination and to the Seller’s knowledge as of the
Cut-Off Date, there is no proceeding pending, and, to the Seller’s knowledge as of the date of origination and as of the
Cut-Off Date, there is no proceeding threatened, for the total or partial condemnation of such Mortgaged Property that would have
a material adverse effect on the value, use or operation of the Mortgaged Property.

 

		(13)	Actions Concerning Mortgage Loan. As of the date of origination and to the Seller’s
knowledge as of the Cut-Off Date, there was no pending or filed action, suit or proceeding, arbitration or governmental investigation
involving any Mortgagor, guarantor, or Mortgagor’s interest in the Mortgaged Property, an adverse outcome of which would
reasonably be expected to materially and adversely affect (a) such Mortgagor’s title to the Mortgaged Property, (b) the validity
or enforceability of the Mortgage, (c) such Mortgagor’s ability to perform under the related Mortgage Loan, (d) such guarantor’s
ability to perform under the related guaranty, (e) the principal benefit of the security intended to be provided by the Loan
Documents or (f) the current principal use of the Mortgaged Property.

 

		(14)	Escrow Deposits. All escrow deposits and payments required to be escrowed with Mortgagee
pursuant to each Mortgage Loan are in the possession, or under the control, of the Seller or its servicer, and there are no deficiencies
(subject to any applicable grace or cure periods) in connection therewith, and all such escrows and deposits (or the right thereto)
that are required to be escrowed with Mortgagee under the related Loan Documents are being conveyed by the Seller to Depositor
or its servicer.

 

		(15)	No Holdbacks. The principal amount of the Mortgage Loan stated on the Mortgage Loan Schedule
has been fully disbursed as of the Closing Date and there is no requirement for future advances thereunder (except in those cases
where the full amount of the Mortgage Loan has been disbursed but a portion thereof is being held in escrow or reserve accounts
pending the satisfaction of certain conditions relating to leasing, repairs or other matters with respect to the related Mortgaged
Property, the Mortgagor or other considerations determined by the Seller to merit such holdback).

 

		(16)	Insurance. Each related Mortgaged Property is, and is required pursuant to the related Mortgage
to be, insured by a property insurance policy providing coverage for loss in accordance with coverage found under a “special
cause of loss form” or “all risk form” that includes replacement cost valuation issued by an insurer meeting
the requirements of the related Loan Documents and having a claims-paying or financial strength rating of at least “A-:VIII”
from A.M. Best Company or “A3” (or the equivalent) from Moody’s Investors Service, Inc. or “A-” from
Standard & Poor’s Ratings Services (collectively the

 

    B-5 

     

    

	 	 	 “Insurance Rating Requirements”), in an amount (subject
to a customary deductible) not less than the lesser of (1) the original principal balance of the Mortgage Loan and (2) the full
insurable value on a replacement cost basis of the improvements, furniture, furnishings, fixtures and equipment owned by the Mortgagor
and included in the Mortgaged Property (with no deduction for physical depreciation), but, in any event, not less than the amount
necessary or containing such endorsements as are necessary to avoid the operation of any coinsurance provisions with respect to
the related Mortgaged Property.

 

Each related
Mortgaged Property is also covered, and required to be covered pursuant to the related Loan Documents, by business interruption
or rental loss insurance which (subject to a customary deductible) covers a period of not less than 12 months (or with respect
to each Mortgage Loan on a single asset with a principal balance of $50 million or more, 18 months).

 

If any material
part of the improvements, exclusive of a parking lot, located on a Mortgaged Property is in an area identified in the Federal Register
by the Federal Emergency Management Agency as a “Special Flood Hazard Area,” the related Mortgagor is required to maintain
insurance in the maximum amount available under the National Flood Insurance Program.

 

If the Mortgaged
Property is located within 25 miles of the coast of the Gulf of Mexico or the Atlantic coast of Florida, Georgia, South Carolina
or North Carolina, the related Mortgagor is required to maintain coverage for windstorm and/or windstorm related perils and/or
“named storms” issued by an insurer meeting the Insurance Rating Requirements or endorsement covering damage from windstorm
and/or windstorm related perils and/or named storms.

 

The Mortgaged
Property is covered, and required to be covered pursuant to the related Loan Documents, by a commercial general liability insurance
policy issued by an insurer meeting the Insurance Rating Requirements including coverage for property damage, contractual damage
and personal injury (including bodily injury and death) in amounts as are generally required by prudent institutional commercial
mortgage lenders, and in any event not less than $1 million per occurrence and $2 million in the aggregate.

 

An architectural
or engineering consultant has performed an analysis of each of the Mortgaged Properties located in seismic zones 3 or 4 in order
to evaluate the structural and seismic condition of such property, for the sole purpose of assessing the scenario expected limit
(“SEL”) for the Mortgaged Property in the event of an earthquake. In such instance, the SEL was based on a 475-year
return period, an exposure period of 50 years and a 10% probability of exceedance. If the resulting report concluded that the SEL
would exceed 20% of the amount of the replacement costs of the improvements, earthquake insurance on such Mortgaged Property was
obtained from an insurer rated at least “A:VIII” by A.M. Best Company or “A3” (or the equivalent) from
Moody’s Investors Service, Inc. or “A-” by Standard & Poor’s Ratings Services in an amount not less
than 100% of the SEL.

 

    B-6 

     

    

 

The Loan Documents
require insurance proceeds in respect of a property loss to be applied either (a) to the repair or restoration of all or part of
the related Mortgaged Property, with respect to all property losses in excess of 5% of the then outstanding principal amount of
the related Mortgage Loan (or related Loan Combination), the Mortgagee (or a trustee appointed by it) having the right to hold
and disburse such proceeds as the repair or restoration progresses, or (b) to the payment of the outstanding principal balance
of such Mortgage Loan together with any accrued interest thereon.

 

All premiums
on all insurance policies referred to in this section required to be paid as of the Cut-Off Date have been paid, and such insurance
policies name the Mortgagee under the Mortgage Loan and its successors and assigns as a loss payee under a mortgagee endorsement
clause or, in the case of the general liability insurance policy, as named or additional insured. Such insurance policies will
inure to the benefit of the Trustee. Each related Mortgage Loan obligates the related Mortgagor to maintain all such insurance
and, at such Mortgagor’s failure to do so, authorizes the Mortgagee to maintain such insurance at the Mortgagor’s reasonable
cost and expense and to charge such Mortgagor for related premiums. All such insurance policies (other than commercial liability
policies) require at least 10 days’ prior notice to the Mortgagee of termination or cancellation arising because of nonpayment
of a premium and at least 30 days’ prior notice to the Mortgagee of termination or cancellation (or such lesser period, not
less than 10 days, as may be required by applicable law) arising for any reason other than non-payment of a premium and no such
notice has been received by the Seller.

 

		(17)	Access; Utilities; Separate Tax Lots. Each Mortgaged Property (a) is located on or adjacent
to a public road and has direct legal access to such road, or has access via an irrevocable easement or irrevocable right of way
permitting ingress and egress to/from a public road, (b) is served by or has uninhibited access rights to public or private water
and sewer (or well and septic) and all required utilities, all of which are appropriate for the current use of the Mortgaged Property,
and (c) constitutes one or more separate tax parcels which do not include any property which is not part of the Mortgaged Property
or is subject to an endorsement under the related Title Policy insuring the Mortgaged Property, or in certain cases, an application
has been, or will be, made to the applicable governing authority for creation of separate tax lots, in which case the Mortgage
Loan requires the Mortgagor to escrow an amount sufficient to pay taxes for the existing tax parcel of which the Mortgaged Property
is a part until the separate tax lots are created.

 

		(18)	No Encroachments. To the Seller’s knowledge based solely on surveys obtained in connection
with origination and the Mortgagee’s Title Policy (or, if such policy is not yet issued, a pro forma title policy, a preliminary
title policy with escrow instructions or a “marked up” commitment) obtained in connection with the origination of each
Mortgage Loan, all material improvements that were included for the purpose of determining the appraised value of the related Mortgaged
Property at the time of the origination of such Mortgage Loan are within the boundaries of the related Mortgaged Property, except
encroachments that do not materially and adversely affect the value or current use of such Mortgaged Property or for which insurance
or endorsements were obtained under the Title Policy. No improvements on adjoining parcels encroach onto the related Mortgaged
Property except for encroachments that do not materially and adversely affect the value 

 

    B-7 

     

    

 

	 	 	or current use of such Mortgaged Property
or for which insurance or endorsements were obtained under the Title Policy. No improvements encroach upon any easements except
for encroachments the removal of which would not materially and adversely affect the value or current use of such Mortgaged Property
or for which insurance or endorsements were obtained under the Title Policy.

 

		(19)	No Contingent Interest or Equity Participation. No Mortgage Loan has a shared appreciation
feature, any other contingent interest feature or a negative amortization feature or an equity participation by the Seller (except
that any ARD Mortgage Loan may provide for the accrual of the portion of interest in excess of the rate in effect prior to its
related Anticipated Repayment Date).

 

		(20)	REMIC. The Mortgage Loan is a “qualified mortgage” within the meaning of Section
860G(a)(3) of the Code (but determined without regard to the rule in Treasury Regulations Section 1.860G-2(f)(2) that treats certain
defective mortgage loans as qualified mortgages), and, accordingly, (A) the issue price of the Mortgage Loan to the related Mortgagor
at origination did not exceed the non-contingent principal amount of the Mortgage Loan and (B) either: (a) such Mortgage Loan is
secured by an interest in real property (including buildings and structural components thereof, but excluding personal property)
having a fair market value (i) at the date the Mortgage Loan (or related Loan Combination) was originated at least equal to 80%
of the adjusted issue price of the Mortgage Loan (or related Loan Combination) on such date or (ii) at the Closing Date at least
equal to 80% of the adjusted issue price of the Mortgage Loan (or related Loan Combination) on such date, provided that for purposes
hereof, the fair market value of the real property interest must first be reduced by (A) the amount of any lien on the real property
interest that is senior to the Mortgage Loan and (B) a proportionate amount of any lien that is in parity with the Mortgage Loan;
or (b) substantially all of the proceeds of such Mortgage Loan were used to acquire, improve or protect the real property
which served as the only security for such Mortgage Loan (other than a recourse feature or other third-party credit enhancement
within the meaning of Treasury Regulations Section 1.860G-2(a)(1)(ii)). If the Mortgage Loan was “significantly modified”
prior to the Closing Date so as to result in a taxable exchange under Section 1001 of the Code, it either (x) was modified as a
result of the default or reasonably foreseeable default of such Mortgage Loan or (y) satisfies the provisions of either sub-clause
(B)(a)(i) above (substituting the date of the last such modification for the date the Mortgage Loan was originated) or sub-clause
(B)(a)(ii), including the proviso thereto. Any prepayment premium and yield maintenance charges applicable to the Mortgage Loan
constitute “customary prepayment penalties” within the meaning of Treasury Regulations Section 1.860G-1(b)(2). All
terms used in this paragraph shall have the same meanings as set forth in the related Treasury Regulations.

 

		(21)	Compliance with Usury Laws. The Mortgage Rate (exclusive of any default interest, late charges,
yield maintenance charge, or prepayment premiums) of such Mortgage Loan complied as of the date of origination with, or was exempt
from, applicable state or federal laws, regulations and other requirements pertaining to usury.

 

    B-8 

     

    

 

		(22)	Authorized to do Business. To the extent required under applicable law, as of the Cut-Off
Date or as of the date that such entity held the Mortgage Note, each holder of the Mortgage Note was authorized to originate, acquire
and/or hold (as applicable) the Mortgage Note in the jurisdiction in which each related Mortgaged Property is located, or the failure
to be so authorized does not materially and adversely affect the enforceability of such Mortgage Loan by the Trust.

 

		(23)	Trustee under Deed of Trust. With respect to each Mortgage which is a deed of trust, as
of the date of origination and, to the Seller’s knowledge, as of the Closing Date, a trustee, duly qualified under applicable
law to serve as such, currently so serves and is named in the deed of trust or has been substituted in accordance with the Mortgage
and applicable law or may be substituted in accordance with the Mortgage and applicable law by the related Mortgagee.

 

		(24)	Local Law Compliance. To the Seller’s knowledge, based upon any of a letter from any
governmental authorities, a legal opinion, an architect’s letter, a zoning consultant’s report, an endorsement to the
related Title Policy, a survey or other affirmative investigation of local law compliance consistent with the investigation conducted
by the Seller for similar commercial and multifamily mortgage loans intended for securitization, there are no material violations
of applicable zoning ordinances, building codes and land laws (collectively “Zoning Regulations”) with respect
to the improvements located on or forming part of each Mortgaged Property securing a Mortgage Loan as of the date of origination
of such Mortgage Loan (or related Loan Combination, as applicable) or as of the Cut-Off Date, other than those which (i) are
insured by the Title Policy or a law and ordinance insurance policy or (ii) would not have a material adverse effect on the
value, operation or net operating income of the Mortgaged Property. The terms of the Loan Documents require the Mortgagor to comply
in all material respects with all applicable governmental regulations, zoning and building laws.

 

		(25)	Licenses and Permits. Each Mortgagor covenants in the Loan Documents that it shall keep
all material licenses, permits and applicable governmental authorizations necessary for its operation of the Mortgaged Property
in full force and effect, and to the Seller’s knowledge based upon any of a letter from any government authorities or other
affirmative investigation of local law compliance consistent with the investigation conducted by the Seller for similar commercial
and multifamily mortgage loans intended for securitization, all such material licenses, permits and applicable governmental authorizations
are in effect. The Mortgage Loan requires the related Mortgagor to be qualified to do business in the jurisdiction in which the
related Mortgaged Property is located.

 

		(26)	Recourse Obligations. The Loan Documents for each Mortgage Loan provide that such Mortgage
Loan (a) becomes full recourse to the Mortgagor and guarantor (which is a natural person or persons, or an entity distinct from
the Mortgagor (but may be affiliated with the Mortgagor) that has assets other than equity in the related Mortgaged Property that
are not de minimis) in any of the following events: (i) if any voluntary petition for bankruptcy, insolvency, dissolution or liquidation
pursuant to federal bankruptcy law, or any similar federal or state law, shall be filed by the Mortgagor; (ii) the Mortgagor or

 

    B-9 

     

    

 

	 	 	
guarantor shall have colluded with (or, alternatively, solicited or caused to be solicited) other creditors to cause an involuntary
bankruptcy filing with respect to the Mortgagor or (iii) voluntary transfers of either the Mortgaged Property or equity interests
in Mortgagor made in violation of the Loan Documents; and (b) contains provisions providing for recourse against the Mortgagor
and guarantor (which is a natural person or persons, or an entity distinct from the Mortgagor (but may be affiliated with the Mortgagor)
that has assets other than equity in the related Mortgaged Property that are not de minimis), for losses and damages sustained
by reason of Mortgagor’s (i) misappropriation of rents after the occurrence of an event of default under the Mortgage Loan;
(ii) misappropriation of (A) insurance proceeds or condemnation awards or (B) security deposits or, alternatively, the failure
of any security deposits to be delivered to Mortgagee upon foreclosure or action in lieu thereof (except to the extent applied
in accordance with leases prior to a Mortgage Loan event of default); (iii) fraud or intentional material misrepresentation; (iv) breaches
of the environmental covenants in the Loan Documents; or (v) commission of intentional material physical waste at the Mortgaged
Property (but, in some cases, only to the extent there is sufficient cash flow generated by the related Mortgaged Property to prevent
such waste).

 

		(27)	Mortgage Releases. The terms of the related Mortgage or related Loan Documents do not provide
for release of any material portion of the Mortgaged Property from the lien of the Mortgage except (a) a partial release, accompanied
by principal repayment, of not less than a specified percentage at least equal to the lesser of (i) 110% of the related allocated
loan amount of such portion of the Mortgaged Property and (ii) the outstanding principal balance of the Mortgage Loan, (b) upon
payment in full of such Mortgage Loan, (c) upon a Defeasance defined in (32) below, (d) releases of out-parcels that are unimproved
or other portions of the Mortgaged Property which will not have a material adverse effect on the underwritten value of the Mortgaged
Property and which were not afforded any material value in the appraisal obtained at the origination of the Mortgage Loan and are
not necessary for physical access to the Mortgaged Property or compliance with zoning requirements, or (e) as required pursuant
to an order of condemnation or taking by a State or any political subdivision or authority thereof. With respect to any partial
release under the preceding clauses (a) or (d), either: (x) such release of collateral (i) would not constitute a “significant
modification” of the subject Mortgage Loan within the meaning of Treasury Regulations Section 1.860G-2(b)(2) and (ii) would
not cause the subject Mortgage Loan to fail to be a “qualified mortgage” within the meaning of Section 860G(a)(3)(A)
of the Code; or (y) the Mortgagee or servicer can, in accordance with the related Loan Documents, condition such release of collateral
on the related Mortgagor’s delivery of an opinion of tax counsel to the effect specified in the immediately preceding clause
(x). For purposes of the preceding clause (x), for all Mortgage Loans originated after December 6, 2010, if the fair market
value of the real property constituting such Mortgaged Property (reduced by (1) the amount of any lien on the real property that
is senior to the Mortgage Loan and (2) a proportionate amount of any lien on the real property that is in parity with the Mortgage
Loan) after the release is not equal to at least 80% of the principal balance of the Mortgage Loan (or related Loan Combination)
outstanding after the release, the Mortgagor is required to make a payment of principal in an amount not less than the amount required
by the REMIC Provisions.

 

    B-10 

     

    

 

With respect
to any partial release under the preceding clause (e), for all Mortgage Loans originated after December 6, 2010, the Mortgagor
can be required to pay down the principal balance of the Mortgage Loan (or related Loan Combination) in an amount not less than
the amount required by the REMIC Provisions and, to such extent, such amount may not be required to be applied to the restoration
of the Mortgaged Property or released to the Mortgagor, if, immediately after the release of such portion of the Mortgaged Property
from the lien of the Mortgage (but taking into account the planned restoration) the fair market value of the real property constituting
the remaining Mortgaged Property (reduced by (1) the amount of any lien on the real property that is senior to the Mortgage Loan
and (2) a proportionate amount of any lien on the real property that is in parity with the Mortgage Loan) is not equal to at least
80% of the remaining principal balance of the Mortgage Loan (or related Loan Combination).

 

No Mortgage
Loan that is secured by more than one Mortgaged Property or that is cross-collateralized with another Mortgage Loan permits the
release of cross-collateralization of the related Mortgaged Properties or a portion thereof, including due to partial condemnation,
other than in compliance with the REMIC Provisions.

 

		(28)	Financial Reporting and Rent Rolls. The Loan Documents for each Mortgage Loan require the
Mortgagor to provide the owner or holder of the Mortgage with quarterly (other than for single-tenant properties) and annual operating
statements, and quarterly (other than for single-tenant properties) rent rolls for properties that have leases contributing more
than 5% of the in-place base rent and annual financial statements, which annual financial statements with respect to each Mortgage
Loan with more than one Mortgagor are in the form of an annual combined balance sheet of the Mortgagor entities (and no other entities),
together with the related combined statements of operations, members’ capital and cash flows, including a combining balance
sheet and statement of income for the Mortgaged Properties on a combined basis.

 

		(29)	Acts of Terrorism Exclusion.
With respect to each Mortgage Loan over $20 million, the related special-form all-risk insurance policy and business interruption
policy (issued by an insurer meeting the Insurance Rating Requirements) do not specifically exclude Acts of Terrorism, as defined
in the Terrorism Risk Insurance Act of 2002, as amended by the Terrorism Risk Insurance Program Reauthorization Act of 2007, and
as amended by the Terrorism Risk Insurance Program Reauthorization Act of 2015 (collectively referred to as “TRIA”),
from coverage, or if such coverage is excluded, it is covered by a separate terrorism insurance policy. With respect to each other
Mortgage Loan, the related special all-risk insurance policy and business interruption policy (issued by an insurer meeting the
Insurance Rating Requirements) did not, as of the date of origination of the Mortgage Loan, and, to the Seller’s knowledge,
do not, as of the Cut-Off Date, specifically exclude Acts of Terrorism, as defined in TRIA, from coverage, or if such coverage
is excluded, it is covered by a separate terrorism insurance policy. With respect to each Mortgage Loan, the related Loan Documents
do not expressly waive or prohibit the Mortgagee from requiring coverage for Acts of Terrorism, as defined in TRIA, or damages
related thereto; provided, however, that if TRIA or a similar or subsequent statute is not in effect, then, provided
that terrorism insurance is commercially available, the Mortgagor under each Mortgage Loan is required to carry terrorism insurance,
but in such event the Mortgagor

 

    B-11 

     

    

 

	 	 	 shall not be required to spend more
than the Terrorism Cap Amount on terrorism insurance coverage, and if the cost of terrorism insurance exceeds the Terrorism Cap
Amount, the Mortgagor is required to purchase the maximum amount of terrorism insurance available with funds equal to the Terrorism
Cap Amount. The “Terrorism Cap Amount” is the specified percentage (which is at least equal to 200%) of the
amount of the insurance premium that is payable at such time in respect of the property and business interruption/rental loss insurance
required under the related Loan Documents (without giving effect to the cost of terrorism and earthquake components of such casualty
and business interruption/rental loss insurance).

 

		(30)	Due on Sale or Encumbrance. Subject to specific exceptions set forth below, each Mortgage
Loan contains a “due on sale” or other such provision for the acceleration of the payment of the unpaid principal balance
of such Mortgage Loan if, without the consent of the holder of the Mortgage (which consent, in some cases, may not be unreasonably
withheld) and/or complying with the requirements of the related Loan Documents (which provide for transfers without the consent
of the Mortgagee which are customarily acceptable to prudent commercial and multifamily mortgage lending institutions lending on
the security of property comparable to the related Mortgaged Property, including, without limitation, transfers of worn-out or
obsolete furnishings, fixtures, or equipment promptly replaced with property of equivalent value and functionality and transfers
by leases entered into in accordance with the Loan Documents), (a) the related Mortgaged Property, or any equity interest of greater
than 50% in the related Mortgagor, is directly or indirectly pledged, transferred or sold, other than as related to (i) family
and estate planning transfers or transfers upon death or legal incapacity, (ii) transfers to certain affiliates as defined in the
related Loan Documents, (iii) transfers of less than, or other than, a controlling interest in the related Mortgagor, (iv) transfers
to another holder of direct or indirect equity in the Mortgagor, a specific Person designated in the related Loan Documents or
a Person satisfying specific criteria identified in the related Loan Documents, such as a qualified equityholder, (v) transfers
of stock or similar equity units in publicly traded companies or (vi) a substitution or release of collateral within the parameters
of paragraphs (27) and (32) of this Exhibit B or the exceptions thereto set forth on Exhibit C, or (vii) as
set forth on Exhibit B-30-1 by reason of any mezzanine debt that existed at the origination of the related Mortgage Loan,
or future permitted mezzanine debt as set forth on Exhibit B-30-2 or (b) the related Mortgaged Property is encumbered with
a subordinate lien or security interest against the related Mortgaged Property, other than (i) any Companion Loan of any Mortgage
Loan or any subordinate debt that existed at origination and is permitted under the related Loan Documents, (ii) purchase money
security interests (iii) any Mortgage Loan that is cross-collateralized and cross-defaulted with another Mortgage Loan, as
set forth on Exhibit B-30-3 or (iv) Permitted Encumbrances. The Mortgage or other Loan Documents provide that to the
extent any Rating Agency fees are incurred in connection with the review of and consent to any transfer or encumbrance, the Mortgagor
is responsible for such payment along with all other reasonable out-of-pocket fees and expenses incurred by the Mortgagee relative
to such transfer or encumbrance.

 

		(31)	Single-Purpose Entity. Each
Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the Mortgage Loan is outstanding. Both
the Loan

 

    B-12 

     

    

 

	 	 	 Documents and the organizational documents of the
Mortgagor with respect to each Mortgage Loan with a Cut-Off Date Balance in excess of $5 million provide that the Mortgagor is
a Single-Purpose Entity, and each Mortgage Loan with a Cut-Off Date Balance of $20 million or more has a counsel’s opinion
regarding non-consolidation of the Mortgagor. For this purpose, a “Single-Purpose Entity” shall mean an entity,
other than an individual, whose organizational documents (or if the Mortgage Loan has a Cut-Off Date Balance equal to $5 million
or less, its organizational documents or the related Loan Documents) provide substantially to the effect that it was formed or
organized solely for the purpose of owning and operating one or more of the Mortgaged Properties securing the Mortgage Loans and
prohibit it from engaging in any business unrelated to such Mortgaged Property or Properties, and whose organizational documents
further provide, or which entity represented in the related Loan Documents, substantially to the effect that it does not have any
assets other than those related to its interest in and operation of such Mortgaged Property or Properties, or any indebtedness
other than as permitted by the related Mortgage(s) or the other related Loan Documents, that it has its own books and records and
accounts separate and apart from those of any other person (other than a Mortgagor for a Mortgage Loan that is cross-collateralized
and cross-defaulted with the related Mortgage Loan), and that it holds itself out as a legal entity, separate and apart from any
other person or entity.

 

		(32)	Defeasance. With respect to any Mortgage Loan that, pursuant to the Loan Documents, can
be defeased (a “Defeasance”), (i) the Loan Documents provide for defeasance as a unilateral right of the Mortgagor,
subject to satisfaction of conditions specified in the Loan Documents; (ii) the Mortgage Loan cannot be defeased within two years
after the Closing Date; (iii) the Mortgagor is permitted to pledge only United States “government securities” within
the meaning of Treasury Regulations Section 1.860G-2(a)(8)(ii), the revenues from which will, in the case of a full Defeasance,
be sufficient to make all scheduled payments under the Mortgage Loan when due, including the entire remaining principal balance
on the maturity date (or on or after the first date on which payment may be made without payment of a yield maintenance charge
or prepayment penalty) or, if the Mortgage Loan is an ARD Mortgage Loan, the entire principal balance outstanding on the related
Anticipated Repayment Date (or on or after the first date on which payment may be made without payment of a yield maintenance charge
or prepayment penalty), and if the Mortgage Loan permits partial releases of real property in connection with partial defeasance,
the revenues from the collateral will be sufficient to pay all such scheduled payments calculated on a principal amount equal to
a specified percentage at least equal to the lesser of (A) 110% of the allocated loan amount for the real property to be released
and (B) the outstanding principal balance of the Mortgage Loan; (iv) the Mortgagor is required to provide a certification
from an independent certified public accountant that the collateral is sufficient to make all scheduled payments under the Mortgage
Note as set forth in (iii) above; (v) if the Mortgagor would continue to own assets in addition to the defeasance collateral, the
portion of the Mortgage Loan secured by defeasance collateral is required to be assumed (or the Mortgagee may require such assumption)
by a Single-Purpose Entity; (vi) the Mortgagor is required to provide an opinion of counsel that the Mortgagee has a perfected
security interest in such collateral prior to any other claim or interest; and (vii) the Mortgagor is required to pay all rating
agency fees associated with defeasance (if rating confirmation is a specific condition

 

    B-13 

     

    

 

	 	 precedent thereto) and all other reasonable
out-of-pocket expenses associated with defeasance, including, but not limited to, accountant’s fees and opinions of counsel.

 

		(33)	Fixed Interest Rates. Each Mortgage Loan bears interest at a rate that remains fixed throughout
the remaining term of such Mortgage Loan, except in the case of ARD Mortgage Loans and in situations where default interest is
imposed.

 

		(34)	Ground Leases. For purposes of this Exhibit B, a “Ground Lease” shall
mean a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms
of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such
lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary
interest of the ground lessor as fee owner and does not include industrial development agency (IDA) or similar leases for purposes
of conferring a tax abatement or other benefit.

 

With respect
to any Mortgage Loan where the Mortgage Loan is secured by a leasehold estate under a Ground Lease in whole or in part, and the
related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms
of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of the Seller, its successors
and assigns, the Seller represents and warrants that:

 

		(a)	The Ground Lease or a memorandum regarding such Ground Lease has been duly recorded or submitted
for recordation in a form that is acceptable for recording in the applicable jurisdiction. The Ground Lease or an estoppel or other
agreement received from the ground lessor permits the interest of the lessee to be encumbered by the related Mortgage and does
not restrict the use of the related Mortgaged Property by such lessee, its successors or assigns in a manner that would materially
adversely affect the security provided by the related Mortgage. No material change in the terms of the Ground Lease had occurred
since the origination of the Mortgage Loan, except as reflected in any written instruments which are included in the related Mortgage
File;

 

		(b)	The lessor under such Ground Lease has agreed in a writing included in the related Mortgage File
(or in such Ground Lease) that the Ground Lease may not be amended or modified, or canceled or terminated by agreement of lessor
and lessee, without the prior written consent of the Mortgagee;

 

		(c)	The Ground Lease has an original term (or an original term plus one or more optional renewal terms,
which, under all circumstances, may be exercised, and will be enforceable, by either Mortgagor or the Mortgagee) that extends not
less than 20 years beyond the stated maturity of the related Mortgage Loan, or 10 years past the stated maturity if such Mortgage
Loan fully amortizes by the stated maturity (or with respect to a Mortgage Loan that accrues on an Actual/360 Basis, substantially
amortizes);

 

    B-14 

     

    

 

		(d)	The Ground Lease either (i) is not subject to any liens or encumbrances superior to, or of equal
priority with, the Mortgage, except for the related fee interest of the ground lessor and the Permitted Encumbrances, or (ii) is
subject to a subordination, non-disturbance and attornment agreement to which the Mortgagee on the lessor’s fee interest
in the Mortgaged Property is subject;

 

		(e)	The Ground Lease does not place commercially unreasonable restrictions on the identity of the Mortgagee
and the Ground Lease is assignable to the holder of the Mortgage Loan and its successors and assigns without the consent of the
lessor thereunder (provided that proper notice is delivered to the extent required in accordance with the Ground Lease), and in
the event it is so assigned, it is further assignable by the holder of the Mortgage Loan and its successors and assigns without
the consent of (but with prior notice to) the lessor;

 

		(f)	The Seller has not received any written notice of material default under or notice of termination
of such Ground Lease. To the Seller’s knowledge, there is no material default under such Ground Lease and no condition that,
but for the passage of time or giving of notice, would result in a material default under the terms of such Ground Lease and to
the Seller’s knowledge, such Ground Lease is in full force and effect as of the Closing Date;

 

		(g)	The Ground Lease or ancillary agreement between the lessor and the lessee requires the lessor to
give to the Mortgagee written notice of any default, and provides that no notice of default or termination is effective against
the Mortgagee unless such notice is given to the Mortgagee;

 

		(h)	The Mortgagee is permitted a reasonable opportunity (including, where necessary, sufficient time
to gain possession of the interest of the lessee under the Ground Lease through legal proceedings) to cure any default under the
Ground Lease which is curable after the Mortgagee’s receipt of notice of any default before the lessor may terminate the
Ground Lease;

 

		(i)	The Ground Lease does not impose any restrictions on subletting that would be viewed as commercially
unreasonable by a prudent commercial mortgage lender;

 

		(j)	Under the terms of the Ground Lease, an estoppel or other agreement received from the ground lessor
and the related Mortgage (taken together), any related insurance proceeds or the portion of the condemnation award allocable to
the ground lessee’s interest (other than (i) de minimis amounts for minor casualties or (ii) in respect of a total or substantially
total loss or taking as addressed in subpart (k)) will be applied either to the repair or to restoration of all or part of the
related Mortgaged Property with (so long as such proceeds are in excess of the threshold amount specified in the related Loan Documents)
the Mortgagee or a trustee appointed by it having the right to hold and disburse such proceeds as repair or restoration progresses,
or to the payment of the outstanding principal balance of the Mortgage Loan, together with any accrued interest;

 

    B-15 

     

    

 

		(k)	In the case of a total or substantially total taking or loss, under the terms of the Ground Lease,
an estoppel or other agreement and the related Mortgage (taken together), any related insurance proceeds, or portion of the condemnation
award allocable to the ground lessee’s interest in respect of a total or substantially total loss or taking of the related
Mortgaged Property to the extent not applied to restoration, will be applied first to the payment of the outstanding principal
balance of the Mortgage Loan, together with any accrued interest; and

 

		(l)	Provided that the Mortgagee cures any defaults which are susceptible to being cured, the ground
lessor has agreed to enter into a new lease with the Mortgagee upon termination of the Ground Lease for any reason, including rejection
of the Ground Lease in a bankruptcy proceeding.

 

		(35)	Servicing. The servicing and collection practices used by the Seller with respect to the
Mortgage Loan have been, in all respects, legal and have met customary industry standards for servicing of commercial loans for
conduit loan programs.

 

		(36)	Origination and Underwriting. The origination practices of the Seller (or the related originator
if the Seller was not the originator) with respect to each Mortgage Loan have been, in all material respects, legal and as of the
date of its origination, such Mortgage Loan (or the related Loan Combination, as applicable) and the origination thereof complied
in all material respects with, or was exempt from, all requirements of federal, state or local law relating to the origination
of such Mortgage Loan; provided that such representation and warranty does not address or otherwise cover any matters with respect
to federal, state or local law otherwise covered in this Exhibit B.

 

		(37)	No Material Default; Payment Record. No Mortgage Loan has been more than 30 days delinquent,
without giving effect to any grace or cure period, in making required debt service payments since origination and, as of the Cut-Off
Date, no Mortgage Loan is more than 30 days delinquent (beyond any applicable grace or cure period) in making required payments
as of the Closing Date. To the Seller’s knowledge, there is (a) no material default, breach, violation or event of acceleration
existing under the related Mortgage Loan, or (b) no event (other than payments due but not yet delinquent) which, with the passage
of time or with notice and the expiration of any grace or cure period, would constitute a material default, breach, violation or
event of acceleration, which default, breach, violation or event of acceleration, in the case of either (a) or (b), materially
and adversely affects the value of the Mortgage Loan or the value, use or operation of the related Mortgaged Property, provided,
however, that this representation and warranty does not cover any default, breach, violation or event of acceleration that specifically
pertains to or arises out of an exception scheduled to any other representation and warranty made by the Seller in this Exhibit B
(including, but not limited to, the prior sentence). No person other than the holder of such Mortgage Loan may declare any event
of default under the Mortgage Loan or accelerate any indebtedness under the Loan Documents.

 

		(38)	Bankruptcy. As of the date of origination of the related Mortgage Loan and to the Seller’s
knowledge as of the Cut-Off Date, neither the Mortgaged Property (other than

 

    B-16 

     

    

 

	 	 	 any tenants of such Mortgaged Property), nor any portion
thereof, is the subject of, and no Mortgagor, guarantor or tenant occupying a single-tenant property is a debtor in a state or
federal bankruptcy, insolvency or similar proceeding.

 

		(39)	Organization of Mortgagor. With respect to each Mortgage Loan, in reliance on certified
copies of the organizational documents of the Mortgagor delivered by the Mortgagor in connection with the origination of such Mortgage
Loan (or related Loan Combination, as applicable), the Mortgagor is an entity organized under the laws of a state of the United
States of America, the District of Columbia or the Commonwealth of Puerto Rico. Except with respect to any Mortgage Loan that is
cross-collateralized and cross-defaulted with another Mortgage Loan, no Mortgage Loan has a Mortgagor that is an affiliate of another
Mortgagor under another Mortgage Loan.

 

		(40)	Environmental Conditions. A Phase I environmental site assessment (or update of a previous
Phase I and or Phase II site assessment) and, with respect to certain Mortgage Loans, a Phase II environmental site assessment
(collectively, an “ESA”) meeting ASTM requirements were conducted by a reputable environmental consultant in
connection with such Mortgage Loan within 12 months prior to its origination date (or an update of a previous ESA was prepared),
and such ESA (i) did not identify the existence of recognized environmental conditions (as such term is defined in ASTM E1527-05
or its successor, an “Environmental Condition”) at the related Mortgaged Property or the need for further investigation,
or (ii) if the existence of an Environmental Condition or need for further investigation was indicated in any such ESA, then
at least one of the following statements is true: (A) an amount reasonably estimated by a reputable environmental consultant
to be sufficient to cover the estimated cost to cure any material noncompliance with applicable Environmental Laws or the Environmental
Condition has been escrowed by the related Mortgagor and is held or controlled by the related Mortgagee; (B) if the only Environmental
Condition relates to the presence of asbestos-containing materials, radon in indoor air, lead based paint or lead in drinking water,
the only recommended action in the ESA is the institution of such a plan, an operations or maintenance plan has been required to
be instituted by the related Mortgagor that, based on the ESA, can reasonably be expected to mitigate the identified risk; (C) the
Environmental Condition identified in the related environmental report was remediated or abated in all material respects prior
to the date hereof, and, if and as appropriate, a no further action or closure letter was obtained from the applicable governmental
regulatory authority (or the environmental issue affecting the related Mortgaged Property was otherwise listed by such governmental
authority as “closed” or a reputable environmental consultant has concluded that no further action is required); (D) an
environmental policy or a lender’s pollution legal liability insurance policy meeting the requirements set forth below that
covers liability for the identified circumstance or condition was obtained from an insurer rated no less than A- (or the equivalent)
by Moody’s Investors Service, Inc., Standard & Poor’s Ratings Services and/or Fitch Ratings, Inc.; (E) a party
not related to the Mortgagor was identified as the responsible party for such condition or circumstance and such responsible party
has financial resources reasonably estimated to be adequate to address the situation; or (F) a party related to the Mortgagor
having financial resources reasonably estimated to be adequate to address the situation is required to take action. To the Seller’s
knowledge, except as set forth in the ESA, there is no Environmental

 

    B-17 

     

    

 

	 	 Condition (as such term is defined in ASTM E1527-05 or its
successor) at the related Mortgaged Property.

 

		(41)	Appraisal. The Mortgage File contains an appraisal of the related Mortgaged Property with
an appraisal date within six (6) months of the Mortgage Loan origination date, and within 12 months of the Closing Date. The appraisal
is signed by an appraiser who is a Member of the Appraisal Institute (“MAI”) and, to the Seller’s knowledge,
had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and
whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such
appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional
Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement,
or is accompanied by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirements
of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

 

		(42)	Mortgage Loan Schedule. The information pertaining to each Mortgage Loan which is set forth
in the Mortgage Loan Schedule is true and correct in all material respects as of the Cut-Off Date and contains all information
required by the Pooling and Servicing Agreement to be contained therein.

 

		(43)	Cross-Collateralization. Except with respect to a Mortgage Loan that is part of a Loan Combination,
no Mortgage Loan is cross-collateralized or cross-defaulted with any other Mortgage Loan that is outside the Mortgage Pool, except
as set forth on Exhibit B-30-3.

 

		(44)	Advance of Funds by the Seller. After origination, no advance of funds has been made by
the Seller to the related Mortgagor other than in accordance with the Loan Documents, and, to the Seller’s knowledge, no
funds have been received from any person other than the related Mortgagor or an affiliate for, or on account of, payments due on
the Mortgage Loan (other than as contemplated by the Loan Documents, such as, by way of example and not in limitation of the foregoing,
amounts paid by the tenant(s) into a Mortgagee-controlled lockbox if required or contemplated under the related lease or Loan Documents).
Neither the Seller nor any affiliate thereof has any obligation to make any capital contribution to any Mortgagor under a Mortgage
Loan, other than contributions made on or prior to the date hereof.

 

		(45)	Compliance with Anti-Money Laundering Laws. The Seller has complied in all material respects
with all applicable anti-money laundering laws and regulations, including without limitation the USA Patriot Act of 2001 with respect
to the origination of the Mortgage Loan.

 

For purposes of these
representations and warranties, “Mortgagee” means the mortgagee, grantee or beneficiary under any Mortgage, any holder
of legal title to any portion of any Mortgage Loan or, if applicable, any agent or servicer on behalf of such party.

    B-18 

     

    

 

For purposes of these
representations and warranties, the phrases “the Seller’s knowledge” or “the Seller’s belief”
and other words and phrases of like import mean, except where otherwise expressly set forth in these representations and warranties,
the actual state of knowledge or belief of the Seller, its officers and employees directly responsible for the underwriting, origination,
servicing or sale of the Mortgage Loans regarding the matters expressly set forth in these representations and warranties.

 

    B-19 

     

    

 

Exhibit B-30-1

List of Mortgage Loans with Current Mezzanine Debt

 

None.

 

     B-30-1-1

     

    

 

Exhibit B-30-2

List of Mortgage Loans with Permitted Mezzanine Debt

 

None.

 

    	B-30-2-1 

     

    

 

Exhibit B-30-3

List of Cross-Collateralized and Cross-Defaulted Mortgage Loans

 

None.

 

    	B-30-3-1 

     

    

 

EXHIBIT C

EXCEPTIONS TO MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

 

	Representation	Mortgage Loan	Description of Exception

  

None.

 

    C-1

     

    

 

EXHIBIT D

FORM OF CERTIFICATE

 

FCRE REL, LLC (“Seller”)
hereby certifies as follows:

 

		1.	All of the representations and warranties (except as set forth on Exhibit C) of the Seller
under the Mortgage Loan Purchase Agreement, dated as of May 1, 2016 (the “Agreement”), between Citigroup Commercial
Mortgage Securities Inc. and Seller, are true and correct in all material respects on and as of the date hereof (or as of such
other date as of which such representation is made under the terms of Exhibit B to the Agreement) with the same force and
effect as if made on and as of the date hereof (or as of such other date as of which such representation is made under the terms
of Exhibit B to the Agreement).

 

		2.	The Seller has complied in all material respects with all the covenants and satisfied all the conditions
on its part to be performed or satisfied under the Agreement on or prior to the date hereof, and no event has occurred which would
constitute a default on the part of the Seller under the Agreement.

 

		3.	Neither the Prospectus, dated May 17, 2016 (the “Prospectus”), relating to the
offering of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class X-A, Class X-B, Class
A-S, Class B, Class EC and Class C Certificates, nor the Offering Circular, dated May 17, 2016 (the “Offering
Circular”), relating to the offering of the Class D, Class E, Class F, Class G, Class H and Class R
Certificates, in the case of the Prospectus, as of the date thereof or as of the date hereof, or the Offering Circular, as of the
date thereof or as of the date hereof, included or includes any untrue statement of a material fact relating to the Seller Information
(as such term is defined in the Indemnification Agreement) or omitted or omits to state therein a material fact relating to the
Seller Information required to be stated therein or necessary in order to make the statements therein relating to the Seller Information,
in the light of the circumstances under which they were made, not misleading.

 

For the purposes of the
foregoing certifications, with respect to any description contained in the Prospectus and the Offering Circular of the terms or
provisions of or servicing arrangements under any Outside Servicing Agreement, to the extent that such description refers to any
terms or provisions of or servicing arrangements under the Pooling and Servicing Agreement, the Seller has assumed that the description
of such terms or provisions of or servicing arrangements under the Pooling and Servicing Agreement contained in the Prospectus
and the Offering Circular (i) does not include an untrue statement of a material fact and (ii) does

 

    D-1

     

    

 

not omit to state therein a
material fact necessary in order to make the statements therein, in light of the circumstances under which they were made, not
misleading.

 

Capitalized terms used
herein without definition have the meanings given them in the Agreement or, if not defined therein, in the Indemnification Agreement.

 

[SIGNATURE APPEARS ON THE FOLLOWING PAGE]

    D-2

     

    

 

Certified this 1st day of June 2016.

 

	 	FCRE REL, LLC
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    D-3

     

    

 

 

EXHIBIT E

OUTSIDE SERVICED MORTGAGE LOAN PROVISIONS

 

		i.	Pursuant to the related Co-Lender Agreement or Outside Servicing Agreement, payments due to the
Trust in respect of the related Mortgage Loan are required to be remitted on or prior to the Business Day following the Determination
Date;

 

		ii.	Pursuant to the related Outside Servicing Agreement, customary CREFC® reports related
to the Mortgage Loan and the Mortgaged Properties are required to be delivered to the Trust in order to permit the Master Servicer,
Special Servicer and Certificate Administrator or Trustee to timely comply with their respective reporting obligations under the
Pooling and Servicing Agreement;

 

		iii.	Pursuant to the related Outside Servicing Agreement, each party to the Outside Servicing Agreement
is required to deliver (and to cause any party engaged by such party to the Outside Servicing Agreement to deliver (or to use commercially
reasonable efforts to cause such engaged party to deliver if such engaged party constitutes a “Mortgage Loan Seller Sub-servicer”
or a term substantially similar thereto under the Outside Servicing Agreement)) (x) all materials and notices required in order
for the holder of the Outside Serviced Mortgage Loan and the Depositor to timely comply with (1) its obligations under the Exchange
Act (including any required 10-D, 8-K and 10-K reporting), and (2) any applicable comment letter from the Securities and Exchange
Commission or its obligations with respect to a deficient Exchange Act deliverable, and (y) with respect to any Sarbanes-Oxley
Certification, the applicable certification to each Certifying Person;

 

		iv.	Pursuant to the related Outside Servicing Agreement, customary industry standard indemnification
provisions exist for the failure of the applicable parties to timely deliver (or cause to be timely delivered) the materials and
notices required pursuant to clause (iii) above;

 

		v.	In connection with (x) any amendment to the Outside Servicing Agreement, a party to such Outside
Servicing Agreement is required to provide a copy of the executed amendment to the Depositor and the Certificate Administrator
(which may be by email), in order for the holder of the Outside Serviced Mortgage Loan and the Depositor to timely comply with
its obligations under the Exchange Act, and (y) the termination, resignation and/or replacement of any Outside Servicer or Outside
Special Servicer, the replacement Outside Servicer or Outside Special Servicer, as applicable, is required to provide all disclosure
about itself that is required to be included in Form 8-K no later than the date of effectiveness thereof;

 

		vi.	The holder of an Outside Serviced Mortgage Loan is an intended third-party beneficiary of the rights
under the Outside Servicing Agreement to the extent such rights affect the related Outside Serviced Mortgage Loan or the holder
thereof;

 

    E-1

     

    

 

		vii.	The Outside Servicing Agreement provides that it shall not be amended in any manner that materially
and adversely (or words of similar import) affects the holder of the Outside Serviced Mortgage Loan without the consent of such
party;

 

		viii.	Servicer Termination Events (or any analogous term under the Outside Servicing Agreement) include
customary market termination events with respect to failure to make advances, failure to remit payments to the holder of the Outside
Serviced Mortgage Loan as required, failure to deliver (or cause to be delivered) materials or notices required in order for the
holder of the Outside Serviced Mortgage Loan and the Depositor to timely comply with its obligations under the Exchange Act, and
Rating Agency triggers with respect to the Certificates, subject to customary grace periods (provided, in the case of failures
related to the Exchange Act, such grace periods will not cause the Depositor to fail to comply with the applicable provisions of
the Exchange Act); and

 

		ix.	If the Outside Serviced Mortgage Loan becomes the subject of an Asset Review, the applicable parties
to the Outside Servicing Agreement are required to reasonably cooperate with the Asset Representations Reviewer in connection with
such Asset Review (or a substantially similar provision), including with respect to providing access to related underlying documents,
to the extent the Asset Representations Reviewer has not obtained such documents from the Seller and such documents are in the
possession of the applicable party to the Outside Servicing Agreement.

 

    E-2

     

    

 

EXHIBIT F

FORM OF DILIGENCE FILE CERTIFICATION 

(CGCMT 2016-C1)

 

Reference is hereby
made to that certain Pooling and Servicing Agreement, dated as of May 1, 2016 (the “Pooling and Servicing Agreement”),
relating to the issuance of the Citigroup Commercial Mortgage Trust 2016-C1, Commercial Mortgage Pass-Through Certificates, Series
2016-C1 (the “Series 2016-C1 Certificates”) and that certain Mortgage Loan Purchase Agreement, dated as of May
1, 2016 (the “Mortgage Loan Purchase Agreement”), between the undersigned (the “Seller”)
and Citigroup Commercial Mortgage Securities Inc. (the “Depositor”), pursuant to which the Seller sold certain
Mortgage Loans to the Depositor in connection with the issuance of the Series 2016-C1 Certificates. In accordance with Section
5(h) of the Mortgage Loan Purchase Agreement, the Seller hereby certifies to the Depositor (with a copy to the Master Servicer,
the Special Servicer, the Certificate Administrator, the Trustee, the Custodian, the Controlling Class Representative, the Asset
Representations Reviewer, and the Operating Advisor), as follows:

 

		1.	The Seller has delivered an electronic copy of the Diligence File (as defined in the Pooling and
Servicing Agreement) with respect to each Mortgage Loan to the Depositor by uploading such Diligence File to the Designated Site
(as defined in the Pooling and Servicing Agreement); and

 

		2.	Each Diligence File uploaded to the Designated Site contains all documents required under the definition
of “Diligence File” and each such Diligence File is organized and categorized in accordance with the electronic file
structure reasonably requested by the Depositor.

 

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

 

IN WITNESS WHEREOF,
the undersigned has caused this diligence file certification to be executed by its duly authorized officer or representative, the
___ day of [______], 2016.

 

	 	[INSERT SELLER NAME]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    F-1Exhibit 10.5

 

Execution Copy

 

WELLS FARGO BANK, NATIONAL ASSOCIATION,

Master Servicer

 

and

 

Berkeley
Point Capital LLC,

Primary Servicer 

 

PRIMARY SERVICING
AGREEMENT

 

Dated as of May 1, 2016

 

Citigroup Commercial Mortgage Trust
2016-C1,

Commercial Mortgage Pass-Through Certificates

Series 2016-C1

 

     

     

    

 

TABLE
OF CONTENTS

	 	 	 	Page
	 	 	 	 
	ARTICLE I 	DEFINITIONS	1
	Section 1.01	 	Defined Terms	1
	ARTICLE II 	MASTER SERVICER’S ENGAGEMENT OF PRIMARY SERVICER TO PERFORM SERVICING RESPONSIBILITIES	2
	Section 2.01	 	Contract for Servicing; Possession of Loan Documents	2
	Section 2.02	 	Notice of Defect, Breach or Repurchase Request	3
	ARTICLE III 	SERVICING OF THE SERVICED LOAN COMBINATION	3
	Section 3.01	 	Primary Servicer to Service	3
	Section 3.02	 	Merger or Consolidation of the Primary Servicer	16
	Section 3.03	 	Limitation on Liability of the Primary Servicer and Others	16
	Section 3.04	 	Primary Servicer Not to Resign	17
	Section 3.05	 	No Transfer or Assignment of Servicing	17
	Section 3.06	 	Indemnification	18
	ARTICLE IV 	DEFAULT	18
	Section 4.01	 	Events of Default	18
	Section 4.02	 	Waiver of Defaults	21
	Section 4.03	 	Other Remedies of Master Servicer	22
	ARTICLE V 	TERMINATION	22
	Section 5.01	 	Termination	22
	Section 5.02	 	Termination With Cause	22
	Section 5.03	 	Intentionally Deleted	22
	Section 5.04	 	Termination of Duties with Respect to Specially Serviced Loans	23
	ARTICLE VI 	MISCELLANEOUS	23
	Section 6.01	 	Successor to the Primary Servicer	23
	Section 6.02	 	Financial Statements	23
	Section 6.03	 	Closing	23
	Section 6.04	 	Closing Documents	23
	Section 6.05	 	Notices	24
	Section 6.06	 	Severability Clause	25
	Section 6.07	 	Counterparts	25

 

    i 

     

    

 

TABLE OF CONTENTS

(continued)

 

	 	 	 	Page
	 	 	 	 
	Section 6.08	 	Governing Law	26
	Section 6.09	 	Protection of Confidential Information	26
	Section 6.10	 	Intention of the Parties	26
	Section 6.11	 	Third Party Beneficiary	26
	Section 6.12	 	Successors and Assigns; Assignment of Agreement	26
	Section 6.13	 	Waivers	27
	Section 6.14	 	Exhibits	27
	Section 6.15	 	General Interpretive Principles	27
	Section 6.16	 	Complete Agreement	27
	Section 6.17	 	Further Agreement	27
	Section 6.18	 	Amendments	27
	Section 6.19	 	Exchange Act Rule 17g-5 Procedures	27
	Section 6.20	 	Notification to Primary Servicer Concerning REO Property	28

 

	EXHIBIT A	MORTGAGE LOAN SCHEDULE	A-1
	EXHIBIT B	PRIMARY SERVICER’S OFFICER’S CERTIFICATE	B-1
	EXHIBIT C	POOLING AND SERVICING AGREEMENT	C-1
	EXHIBIT D	[RESERVED]	 
	EXHIBIT E	QUARTERLY SERVICING CERTIFICATION	E-1
	EXHIBIT F	FORM OF ACCOUNT CERTIFICATION	F-1
	EXHIBIT G	FORM OF COLLECTION REPORT	G-1
	EXHIBIT H	FORM OF CERTIFICATE OF INSURANCE	H-1
	EXHIBIT I	NEW LEASE INFORMATION	I-1
	EXHIBIT J	MONTHLY ESCROW ACCOUNTS CERTIFICATION	J-1

 

    ii 

     

    

 

This is a Primary Servicing
Agreement (this “Agreement”), dated as of May 1, 2016, by and between Berkeley
Point Capital LLC, a Delaware limited liability company having an office at One Beacon Street, 14th Floor, Boston,
MA 02108, and its successors and assigns (the “Primary Servicer”), and WELLS FARGO BANK, NATIONAL ASSOCIATION,
having an office at c/o Commercial Mortgage Servicing, MAC D1086, 550 South Tryon Street, 14th Floor, Charlotte, North
Carolina 28202, and its successors and assigns (the “Master Servicer”).

 

W I T N E S S E T H:

 

WHEREAS, Citigroup
Commercial Mortgage Securities Inc., as Depositor (the “Depositor”), LNR Partners, LLC, as Special Servicer
(the “Special Servicer”), Deutsche Bank Trust Company Americas, as Trustee (the “Trustee”),
Citibank, N.A., as Certificate Administrator (the “Certificate Administrator”), Park Bridge Lender Services
LLC, as Operating Advisor (in such capacity, the “Operating Advisor”) and as Asset Representations Reviewer
(in such capacity, the “Asset Representations Reviewer”), and the Master Servicer have entered into that certain
Pooling and Servicing Agreement dated as of May 1, 2016 (as amended, modified and restated from time to time, the “Pooling
and Servicing Agreement”), whereby the Master Servicer shall master service certain mortgage loans and related companion
loans, including the Serviced Loan Combination (defined below), on behalf of the Trustee; and

 

WHEREAS, the Master
Servicer desires to enter into a contract with the Primary Servicer whereby the Primary Servicer shall service the mortgage loan
or mortgage loans listed on Exhibit A (the “Mortgage Loan Schedule”) attached hereto (hereinafter
referred to as the “Mortgage Loans”) and the Marriott Savannah Riverfront Companion Loans listed on the Mortgage
Loan Schedule (the “Serviced Companion Loans”; together with the Mortgage Loans, the “Serviced Loan
Combination”) on behalf of the Master Servicer.

 

NOW, THEREFORE, in
consideration of the mutual agreements hereinafter set forth, and for other good and valuable consideration, the receipt and adequacy
of which are hereby acknowledged, the Master Servicer and the Primary Servicer hereby agree as follows:

 

ARTICLE
I

DEFINITIONS

 

Section 1.01          Defined
Terms.

 

Unless otherwise specified
in this Agreement, all capitalized terms not otherwise defined herein shall have the meanings set forth in the Pooling and Servicing
Agreement. As used herein, the following terms have the meanings assigned to them in this Section 1.01:

 

“Collection
Report” shall mean the monthly report prepared by the Primary Servicer setting forth, with respect to the Serviced Loan
Combination and the most recently ended Collection Period prior to the due date of such report, the information described on Exhibit
G attached hereto.

 

“Mortgage
Loans” shall have the meaning specified in the recitals hereto.

 

     

     

    

 

“Mortgage
Loan Schedule” shall have the meaning specified in the recitals hereto.

 

“Other Determination
Date Remittance Date” shall mean one (1) Business Day prior to the “determination date” as such term or similar
term is defined in the Other Pooling and Servicing Agreement governing the securitization of each Serviced Pari Passu Companion
Loan.

 

“Primary Servicer
Loan Combination Custodial Account” shall have the meaning specified in Section 3.01(c)(9) of this Agreement.

 

“Primary Servicer
Serviced Loan Combination Remittance Amount” shall mean, with respect to any date, an amount equal to, without duplication,
(a) the sum of (i) the aggregate of the amounts on deposit in the Primary Servicer Loan Combination Custodial Account (as defined
herein) as of such date, (ii) the aggregate of all other amounts received with respect to the Serviced Loan Combination as of such
date to the extent not previously remitted to the Master Servicer, and (iii) the aggregate amount of Prepayment Interest Shortfalls
deposited by the Primary Servicer in the Primary Servicer Loan Combination Custodial Account as required by Section 3.13
of the Pooling and Servicing Agreement as incorporated herein pursuant to Section 3.01(c)(21) of this Agreement, to the
extent not previously remitted to the Master Servicer, net of (b) the portion of the amount described in subclause (a) of this
definition that represents one or more of the following: (i) Escrow Payments (other than the Escrow Payments that are to be used
to reimburse the Master Servicer for Property Advances) or (ii) any amounts that the Primary Servicer is entitled to retain as
compensation pursuant to Section 3.12(a) of the Pooling and Servicing Agreement as incorporated herein pursuant to Section
3.01(c)(19) of this Agreement.

 

“Primary Servicer
Remittance Date” shall mean the first Business Day after each Determination Date.

 

“Primary Servicer
Reporting Date” shall mean the first Business Day after each Determination Date.

 

“Primary Servicer
Parties” shall have the meaning specified in Section 3.03 of this Agreement.

 

“Primary Servicing
Fee” shall mean, with respect to each Mortgage Loan and each Serviced Companion Loan, the fee payable to the Primary
Servicer pursuant to Section 3.01(c)(19) of this Agreement.

 

“Primary Servicing
Fee Rate” shall mean, with respect to each Mortgage Loan and each Serviced Companion Loan, the rate that corresponds
to such Mortgage Loan or Serviced Companion Loan set forth on Exhibit A hereto under the heading “Primary
Servicing Fee.”

 

“Serviced
Companion Loans” shall have the meaning specified in the recitals hereto.

 

“Serviced
Loan Combination” shall have the meaning specified in the recitals hereto.

 

ARTICLE
II

 

    2

     

    

 

MASTER SERVICER’S ENGAGEMENT OF PRIMARY SERVICER

TO PERFORM SERVICING RESPONSIBILITIES

 

Section 2.01          Contract
for Servicing; Possession of Loan Documents.

 

The Master Servicer,
by execution and delivery of this Agreement, does hereby contract with the Primary Servicer, subject to the terms of this Agreement,
for the servicing of the Serviced Loan Combination. On and after the Closing Date, the Primary Servicer shall hold any portion
of the Servicing File or the Mortgage File in the possession of the Primary Servicer in trust by the Primary Servicer, on behalf
of the Master Servicer for the benefit of the Trustee. The Primary Servicer’s possession of any portion of the Servicing
File or the Mortgage File shall be at the will of the Master Servicer and the Trustee for the sole purpose of facilitating the
servicing or the supervision of servicing of the Serviced Loan Combination pursuant to this Agreement, and such retention and possession
by the Primary Servicer shall be in a custodial capacity only. Any portion of the Servicing File or the Mortgage File retained
by the Primary Servicer shall be identified to reflect clearly the ownership of the Mortgage Loans by the Trustee. The Primary
Servicer shall release from its custody any Mortgage File retained by it only in accordance with this Agreement and the Pooling
and Servicing Agreement. The Primary Servicer shall provide to the Master Servicer as soon as practicable after request therefor
by the Master Servicer a copy of any documents held by it with respect to the Serviced Loan Combination. During the term of this
Agreement, the Primary Servicer will also provide to the Master Servicer a copy of any lease, amendments and other documents related
to the Mortgaged Property securing the related Mortgage Loan or related to the Mortgage Loan as soon as possible after receipt
or execution thereof, as applicable. Except as otherwise provided herein, the Primary Servicer shall not be obligated to provide
a copy of any documents held by it with respect to the Serviced Loan Combination to any Person not a party to this Agreement. If
and so long as the Primary Servicer (i) has a vault or other adequate safety procedures in place satisfactory to the Master Servicer,
in its sole discretion, or (ii) outsources such responsibility to a third party vendor satisfactory to the Master Servicer, who
has a vault or other adequate safety procedures in place satisfactory to the Master Servicer, in its sole discretion, the Primary
Servicer shall hold the original of any letters of credit related to the Serviced Loan Combination and perform any obligations
of the Master Servicer with respect thereto all in accordance with any applicable requirements of Section 2.01(b) of the
Pooling and Servicing Agreement. If at any time the Primary Servicer does not satisfy the conditions described in clause (i) or
clause (ii) of the immediately preceding sentence, the Primary Servicer shall immediately deliver to the Master Servicer the original
of any letters of credit related to the Serviced Loan Combination.

 

Section 2.02          Notice
of Defect, Breach or Repurchase Request.

 

Following its receipt
from the Depositor, the Master Servicer shall provide a copy of the CCRE Loan Purchase Agreement to the Primary Servicer. The Primary
Servicer shall notify the Master Servicer in writing within five (5) Business Days after the Primary Servicer (a) discovers or
receives notice alleging a Document Defect or a Breach, (b) receives a Repurchase Communication of a Repurchase, a Repurchase Request,
a Repurchase Request Rejection or a Repurchase Request Withdrawal, or (c) receives a Certificateholder Repurchase Request or a
PSA Party Repurchase Request, in each case with respect to the Serviced Loan Combination. The Primary Servicer shall, within five
(5) Business Days of receipt, provide to the Master

 

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Servicer a copy of any written Repurchase Request, Repurchase Request Withdrawal,
Repurchase, Repurchase Request Rejection, Certificateholder Repurchase Request or PSA Party Repurchase Request received by the
Primary Servicer and such other information in the possession of the Primary Servicer reasonably requested by the Master Servicer
to fulfill its obligations under Section 2.03 of the Pooling and Servicing Agreement.

 

ARTICLE
III

SERVICING OF THE SERVICED LOAN COMBINATION

 

Section 3.01          Primary
Servicer to Service.

 

(a)          The Primary
Servicer, as an independent contractor, shall service and administer the Serviced Loan Combination in a manner consistent with
the Servicing Standard under the Pooling and Servicing Agreement.

 

(b)          The Primary
Servicer shall perform, on behalf of the Master Servicer, all of the obligations of the Master Servicer (with respect to the Serviced
Loan Combination subject to this Agreement) as set forth in those sections of the Pooling and Servicing Agreement incorporated
herein pursuant to Section 3.01(c) of this Agreement (the “Incorporated Sections”), as modified by Section
3.01(c) of this Agreement, and the Master Servicer shall have the same rights with respect to the Primary Servicer that the
Trustee, the Certificate Administrator, the Custodian, the Depositor, the Controlling Class Certificateholders, the Controlling
Class Representative, the Operating Advisor, the Asset Representations Reviewer, the Rating Agencies, the Rule 17g-5 Information
Provider, the Underwriters, the Initial Purchasers, the Directing Holders, the Certificateholders, the Serviced Companion Loan
Holders, the Serviced Pari Passu Companion Loan Holders and the Special Servicer (including, without limitation, the right of the
Special Servicer to direct the Master Servicer during certain periods) have with respect to the Master Servicer under the Pooling
and Servicing Agreement to the extent that the Primary Servicer is acting on behalf of the Master Servicer hereunder and except
as otherwise set forth herein. Without limiting the foregoing, and subject to Section 3.22 of the Pooling and Servicing
Agreement as modified herein, the Primary Servicer shall service and administer each Mortgage Loan and Serviced Companion Loan
as long as it is not a Specially Serviced Loan. All references herein to the respective duties of the Primary Servicer and the
Special Servicer, and to the areas in which they may exercise discretion, shall be subject to Section 3.22 of the Pooling
and Servicing Agreement, as modified herein and to the Special Servicer’s rights to service Specially Serviced Loans. Except
as otherwise set forth below, for purposes of this Agreement, (i) references to the Trustee, the Certificate Administrator, the
Depositor, the Custodian, the Rating Agencies, the Rule 17g-5 Information Provider, the Special Servicer, the Controlling Class
Certificateholder, the Controlling Class Representative, the Operating Advisor, the Asset Representations Reviewer, the Underwriters,
the Initial Purchasers, the Directing Holders, the Serviced Companion Loan Holders, the Serviced Pari Passu Companion Loan Holders
and the Certificateholders in the Incorporated Sections (and in the defined terms used therein) shall be deemed to be references
to the Master Servicer hereunder, (ii) references to the Master Servicer in the Incorporated Sections (and in the defined terms
used therein) shall be deemed to be references to the Primary Servicer hereunder, (iii) references to the Mortgage Loans in the
Incorporated Sections (and in the defined terms used therein) shall be deemed to be references to 

 

    4

     

    

 

the Mortgage Loans as defined
herein, (iv) references to the Serviced Companion Loans and Serviced Pari Passu Companion Loans in the Incorporated Sections (and
in the defined terms used therein) shall be deemed to be references to the Serviced Companion Loans in this Agreement, and (v)
references to the Serviced Loan Combination in the Incorporated Sections (and in the defined terms used therein) shall be deemed
to be references to the Serviced Loan Combination in this Agreement (such modification of the Incorporated Sections shall be referred
to herein as the “References Modification”). With respect to all servicing responsibilities of the Master Servicer
under the Pooling and Servicing Agreement that are not being performed by the Primary Servicer under this Agreement, the Primary
Servicer shall reasonably cooperate with the Master Servicer to facilitate the timely performance of such servicing responsibilities.
The Primary Servicer shall not take any action (whether or not authorized hereunder) as to which the Master Servicer has advised
it in writing that such action if taken may result in the imposition of a tax on any portion of the Trust or cause either the Lower-Tier
REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC or cause the Grantor Trust to fail to qualify as a grantor trust. The
Primary Servicer shall fully cooperate with the Master Servicer in connection with avoiding the imposition of a tax on any portion
of the Trust or cause either the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC or cause the Grantor Trust
to fail to qualify as a grantor trust.

 

(c)          The following
Sections of the Pooling and Servicing Agreement, unless otherwise provided in this Section 3.01(c) of this Agreement, are
hereby incorporated herein by reference as if fully set forth herein, and, for purposes of this Agreement, in addition to the References
Modification, are hereby further modified as set forth below:

 

(1)          Section 1.02.
The determination as to the application of amounts collected in respect of the Serviced Loan Combination, in the absence of express
provisions in the related Loan Documents or to the extent that such terms authorize the lender to use its discretion, shall be
made by the Master Servicer.

 

(2)          Section 2.05(a).
Section 2.05(a)(i) of the Pooling and Servicing Agreement shall be deemed modified to read “The Primary Servicer is
a limited liability company, duly organized, validly existing and in good standing under the laws of the State of Delaware, and
the Primary Servicer is in compliance with the laws of each jurisdiction in which a Mortgaged Property is located to the extent
necessary to perform its obligations under this Agreement.” The Primary Servicer hereby represents and warrants, as of the
date hereof, that (i) each insurance policy and fidelity bond referenced in Section 3.08(c) of the Pooling and Servicing
Agreement names the Master Servicer as an additional insured and loss payee; (ii) the net worth of the Primary Servicer determined
in accordance with generally accepted accounting principles is not less than $2 million; and (iii) the Primary Servicer is authorized
to transact business in the state or states in which the Mortgaged Properties are located, if and to the extent required by applicable
law.

 

(3)          Sections
3.01(a), (b), (e) and (k). The Primary Servicer shall use efforts consistent with the Servicing Standard to continue all UCC
financing statements in favor of the assignee prior to the expiration of such UCC financing statements. The Master Servicer shall
forward the Primary Servicer recorded UCC financing statements reflecting the Trust as the

 

    5

     

    

 

secured party. Notwithstanding the foregoing,
the Primary Servicer’s authority is restricted as provided in Section 3.01(c)(16) and (29) of this Agreement.

 

(4)          Sections
3.01(c) and (d). References to the Master Servicer shall not be deemed to be references to the Primary Servicer for purposes
of Sections 3.01(c) and (d) of the Pooling and Servicing Agreement. Each and every one of the terms and conditions
of Sections 3.01(c) and (d) of the Pooling and Servicing Agreement shall be enforceable against the Primary Servicer
in accordance with the terms thereof. The Primary Servicer may not enter into any new Primary Servicing Agreements in connection
with the Serviced Loan Combination and shall directly service the Serviced Loan Combination in accordance with the terms and conditions
of this Agreement. To the extent required by Sections 3.01(c) and (d) of the Pooling and Servicing Agreement, this
Agreement will be assumed by the Trustee if the Trustee has assumed the duties of the Master Servicer or by a successor Master
Servicer without cost or obligation to the assuming party or the Trust Fund, upon the assumption by such party of the obligations
of the Master Servicer pursuant to Section 7.02 of the Pooling and Servicing Agreement. The Primary Servicer may not make
any material servicing decisions, such as loan modifications or determinations as to the manner or timing of enforcing remedies
under the Loan Documents without the consent of the Master Servicer, foreclose any Mortgage or, except as permitted by Section
3.01(c)(16) or (29) of this Agreement, grant any modification, extension, waiver or amendment to any Mortgage Loan or
Serviced Companion Loan.

 

(5)          Reserved.

 

(6)          Section 3.03.
The Primary Servicer may not waive any Penalty Charges that the Master Servicer is permitted to waive under Section 3.03
of the Pooling and Servicing Agreement without the consent of the Master Servicer. The Primary Servicer shall forward to the Master
Servicer a copy of all income statements, rent rolls and other reporting information collected by the Primary Servicer within the
timeframe set forth in Section 3.01(c)(35) of this Agreement. The Primary Servicer shall promptly notify the Master Servicer
of any defaults under the Serviced Loan Combination, collection issues or customer issues; provided that the Primary Servicer shall
not take any action with respect to enforcing the Serviced Loan Combination without the prior written approval of the Master Servicer.

 

(7)          Section 3.04(a).
Without limiting the generality of the obligations of the Primary Servicer hereunder, the Primary Servicer shall monitor and certify
to the information on the Serviced Loan Combination with respect to taxes, insurance premiums, assessments, ground rents and other
similar items on a quarterly basis, starting with the quarter ending September of 2016, within thirty (30) days of the end of such
quarter as required by, and in the form of, Exhibit E attached hereto, pursuant to Section 3.01(c)(35) of
this Agreement. The third, fourth, fifth and sixth sentences of Section 3.04(a) of the Pooling and Servicing Agreement are
not incorporated herein. The Primary Servicer shall not be permitted to make any Property Advances. Upon the occurrence of an insured
loss at a Mortgaged Property, the Primary Servicer shall notify the Master Servicer of the loss and the Primary Servicer’s
receipt of the Insurance Proceeds. The Primary Servicer will provide to the Master Servicer all loss-related records and information
received by the Primary Servicer as such information becomes available and shall confer with the Master Servicer regarding the
process of releasing to the affected Mortgagor the Insurance Proceeds, including but not limited to questions such as whether the

 

    6

     

    

 

Primary Servicer is authorized to (i) endorse the checks issued by the insurer representing the Insurance Proceeds; and (ii) release
the Insurance Proceeds to the affected Mortgagor. With respect to non-escrowed payments, when the Primary Servicer becomes aware
in accordance with the Servicing Standard that a Mortgagor has failed to make any such payment or, with respect to escrowed loans,
collections from a Mortgagor are insufficient to pay any such item before the applicable penalty or termination date, the Primary
Servicer shall promptly notify the Master Servicer. The Master Servicer may direct the Primary Servicer to (and upon such direction,
the Primary Servicer shall) make a payment from amounts on deposit in the Primary Servicer Loan Combination Custodial Account as
contemplated by Section 3.04(a) of the Pooling and Servicing Agreement.

 

(8)          Section 3.04(b),
(c), (d) and (e). The creation of any Escrow Account shall be evidenced by a certification in the form of Exhibit F
attached hereto and a copy of such certification shall be furnished to the Master Servicer within three (3) days of the Closing
Date and thereafter to the Master Servicer upon any transfer of any Escrow Account. Without the express written consent of the
Master Servicer, the Primary Servicer shall not (a) waive or extend the date set forth in any agreement governing reserve funds
by which the required repairs and/or capital improvements at the related Mortgaged Property must be completed or (b) release any
earn-out reserve funds or return any related letters of credit delivered in lieu of earn-out reserve funds. The Primary Servicer
shall promptly notify the Master Servicer of any failure by a Mortgagor described in Section 3.04(e) of the Pooling and
Servicing Agreement

 

(9)          Section 3.05A.
The Primary Servicer shall establish a collection account (hereinafter the “Primary Servicer Loan Combination Custodial
Account”), meeting all of the requirements of the Loan Combination Custodial Account, and references to the Loan Combination
Custodial Account shall be references to such Primary Servicer Loan Combination Custodial Account. The creation of any Primary
Servicer Loan Combination Custodial Account shall be evidenced by a certification in the form of Exhibit F attached
hereto and a copy of such certification shall be furnished to the Master Servicer within three (3) days of the Closing Date and
thereafter to the Master Servicer upon any transfer of the Primary Servicer Loan Combination Custodial Account. Notwithstanding
Section 3.05A(b) of the Pooling and Servicing Agreement, the Primary Servicer shall deposit into the Primary Servicer Loan
Combination Custodial Account and include in its Primary Servicer Serviced Loan Combination Remittance Amount all Ancillary Fees,
Consent Fees, Assumption Fees, assumption application fees, defeasance fees, review fees and other amounts collected by the Primary
Servicer to the extent not constituting Additional Servicing Compensation and/or Additional Special Servicing Compensation (in
each case, other than those to which the Primary Servicer is entitled pursuant to Section 3.01(c)(19) of this Agreement).
Any amounts of Additional Special Servicing Compensation payable to the Special Servicer shall be remitted to the Special Servicer
by the Master Servicer. For purposes of Section 3.05A(c) of the Pooling and Servicing Agreement, the Master Servicer shall
direct the Special Servicer to make payment of amounts referenced therein directly to the Primary Servicer for deposit in the Primary
Servicer Loan Combination Custodial Account.

 

(10)          Reserved.

 

    7

     

    

 

(11)          Section
3.06A is not incorporated herein. The Primary Servicer may, from time to time, make withdrawals from the Primary Servicer Loan
Combination Custodial Account for any of the following purposes (the order set forth below not constituting an order of priority
for such withdrawals):

 

(i)          to remit
to the Master Servicer for deposit in the Loan Combination Custodial Account the amounts required to be so deposited pursuant to
the last paragraph of this Section 3.01(c)(11);

 

(ii)         to
the extent not otherwise required to be applied against Prepayment Interest Shortfalls, to pay itself earned and unpaid Primary
Servicing Fees, with respect to the Serviced Loan Combination, the Primary Servicer’s right to payment pursuant to this clause
(ii) with respect to any Serviced Loan Combination being limited to amounts on deposit in the Primary Servicer Loan Combination
Custodial Account that are received on or in respect of such Serviced Loan Combination (whether in the form of payments, Liquidation
Proceeds, Insurance Proceeds or Condemnation Proceeds) that are allocable as a recovery of interest thereon;

 

(iii)         to
pay itself, as additional servicing compensation in accordance with Section 3.12(a) of the Pooling and Servicing Agreement,
interest and investment income earned in respect of amounts held in the Primary Servicer Loan Combination Custodial Account as
provided in Section 3.01(c)(13) of this Agreement, but only to the extent of the net investment earnings, if any, with respect
to the Primary Servicer Loan Combination Custodial Account for any Collection Period;

 

(iv)        to
clear and terminate the Primary Servicer Loan Combination Custodial Account at the termination of this Agreement pursuant to Section
9.01 of the Pooling and Servicing Agreement, as modified herein; and

 

(v)         to remove
any amounts deposited in the Primary Servicer Loan Combination Custodial Account in error.

 

The second paragraph
of Section 3.06A(a) of the Pooling and Servicing Agreement is incorporated herein. The Primary Servicer shall keep and maintain
separate accounting records, on a Mortgage Loan-by-Mortgage Loan and Companion Loan-by-Companion Loan basis for the purpose of
justifying any withdrawal, debit or credit from the Primary Servicer Loan Combination Custodial Account. Upon written request,
the Primary Servicer shall provide to the Master Servicer such records.

 

On the earlier of the
Primary Servicer Remittance Date or the Other Determination Date Remittance Date in each calendar month, the Primary Servicer shall
remit to the related Master Servicer an amount equal to the Primary Servicer Serviced Loan Combination Remittance Amount. 
Each remittance required to be made to the Master Servicer on the Primary Servicer Remittance Date or the Other Determination Date
Remittance Date shall be made by wire transfer and shall be made by 3:00 p.m. Charlotte, North Carolina time on such date. 
Each

 

    8

     

    

 

month, by 3:00 p.m. Charlotte, North Carolina time, on the first Business Day after receipt of any Primary Servicer Serviced
Loan Combination Remittance Amount (i) between the Primary Servicer Remittance Date and the Distribution Date if the related remittance
was made on the Primary Servicer Remittance Date, or (ii) between the Other Determination Date Remittance Date and the “determination
date” as such term or similar term is defined in the Other Pooling and Servicing Agreement if the related remittance was
made on the Other Determination Date Remittance Date, the Primary Servicer shall forward to the Master Servicer by wire transfer
the Primary Servicer Serviced Loan Combination Remittance Amount allocable to the Serviced Loan Combination for such date. 
Immediately after receipt of any delinquent payment on the Serviced Loan Combination, the Primary Servicer shall remit to the Master
Servicer on such Business Day such delinquent payment and any related Penalty Charges (excluding any amounts to which the Primary
Servicer is entitled as compensation pursuant to Section 3.12 of the Pooling and Servicing Agreement as incorporated herein
pursuant to Section 3.01(c)(19) of this Agreement).  Section 3.01(c)(35) of this Agreement sets forth certain
reporting requirements with respect to such remittances. 

 

(12)          Reserved.

 

(13)          Section
3.07 is not incorporated herein. The Primary Servicer may invest funds in the Primary Servicer Loan Combination Custodial Account
and/or any Mortgagor Account maintained by it on the same terms as the Master Servicer may invest funds in the Collection Account,
Loan Combination Custodial Account and/or Mortgagor Account, and subject to the same rights, restrictions and obligations regarding
maturity dates, gains, losses, withdrawals, possession and control of Permitted Investments and Permitted Investments payable on
demand. Without limiting the generality of the foregoing, any investment of funds in the Primary Servicer Loan Combination Custodial
Account and/or Mortgagor Account shall be made in the name of the Certificate Administrator (on behalf of the Trustee for the benefit
of the Certificateholders) or in the name of a nominee of the Certificate Administrator.

 

(14)          Sections
3.08(a) and (b). References to the Collection Account shall be references to the Primary Servicer Loan Combination Custodial
Account. All insurance policies caused to be maintained by the Primary Servicer hereunder shall also name the Master Servicer as
an additional insured and loss payee. Within thirty (30) days after the Closing Date, the Primary Servicer shall forward to the
Master Servicer a fully completed certificate of insurance in the form of Exhibit H attached hereto. Without limiting
the generality of the obligations of the Primary Servicer hereunder, the Primary Servicer shall monitor and certify as to the status
of insurance policies relating to the Serviced Loan Combination on a quarterly basis starting for the quarter ending in September
of 2016, within thirty (30) days of the end of such quarter as required by, and in the form of, Exhibit E attached
hereto, pursuant to Section 3.01(c)(35) of this Agreement. The Primary Servicer shall promptly notify the Master Servicer
of any Mortgaged Property that is not insured against terrorist or other similar acts. The Master Servicer or the Special Servicer
shall make all determinations with respect to terrorism insurance matters required to be made under Section 3.08 of the
Pooling and Servicing Agreement, and the Primary Servicer shall reasonably cooperate with the Master Servicer in connection therewith.

 

(15)          Section
3.08(c). The fidelity bond and insurance policies required hereunder shall also name the Master Servicer as additional insured
and loss payee.

 

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(16)          Section
3.09. Notwithstanding anything herein to the contrary, the Primary Servicer shall not take any action with respect to any assumption,
transfer, defeasance or other action contemplated by Section 3.09 of the Pooling and Servicing Agreement unless the Primary
Servicer has confirmed with the Master Servicer that the Master Servicer is either obligated to process or that the Master Servicer
and the Special Servicer have mutually agreed that the Master Servicer shall process such request pursuant to Section 3.09
of the Pooling and Servicing Agreement. Following such confirmation, the Primary Servicer will not permit or consent to any assumption,
transfer, defeasance or other action contemplated by Section 3.09 of the Pooling and Servicing Agreement without the prior
written consent of the Master Servicer. With respect to any such proposed action, the Primary Servicer shall promptly notify the
Master Servicer of any Mortgagor request for such action, and perform and forward to the Master Servicer any analysis, recommendation
or other information required to be prepared and/or delivered by the Master Servicer under Section 3.09 of the Pooling and
Servicing Agreement. The Master Servicer, not the Primary Servicer, will deal directly with the Special Servicer, the Controlling
Class Representative and the Rating Agencies in connection with obtaining any necessary approval or consent from the Special Servicer.
If the Primary Servicer shall process such assumption, transfer, defeasance or other action and the Master Servicer consents to
such transaction, the Primary Servicer shall document and close such transaction.

 

(17)          Section
3.10. References to the Master Servicer shall not be deemed to be references to the Primary Servicer for purposes of Section
3.10 (other than Section 3.10(h)) of the Pooling and Servicing Agreement.

 

(18)          Section
3.11. The references to the Collection Account shall be references to the Primary Servicer Loan Combination Custodial Account.
No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Primary
Servicer Loan Combination Custodial Account.

 

(19)          Section
3.12(a). References to the Servicing Fee shall be references to the Primary Servicing Fee and references in the definition
of “Servicing Fee” to the Servicing Fee Rate shall be references to the Primary Servicing Fee Rate. The last three
sentences of the first paragraph and the third paragraph of Section 3.12(a) of the Pooling and Servicing Agreement are not
incorporated herein. In addition, the Primary Servicer shall be entitled to receive, as additional servicing compensation, to the
extent the Master Servicer is entitled to such amounts under the Pooling and Servicing Agreement, (i) all investment income earned
on amounts on deposit in the Primary Servicer Loan Combination Custodial Account and certain Mortgagor Accounts (to the extent
consistent with the related Loan Documents), (ii) 50% of that portion of Excess Penalty Charges relating to late fees (but not
Default Interest) on the Serviced Loan Combination to which the Master Servicer is entitled under the Pooling and Servicing Agreement
and not required by the Pooling and Servicing Agreement to cover Advance Interest or Additional Trust Fund Expenses, (iii) 100%
of any amounts collected by the Primary Servicer for checks returned for insufficient funds, demand fees or similar items with
respect to the Serviced Loan Combination to the extent the Master Servicer is entitled to such items under Section 3.12(a)
of the Pooling and Servicing Agreement, (iv) 50% of that portion of any Assumption Fees and any similar fees to which the Master
Servicer is entitled under Section 3.12(a) of the Pooling and Servicing Agreement with respect to the Serviced Loan Combination
in connection with matters performed by the Primary Servicer pursuant to Section 3.01(c)(16) of

 

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this Agreement, (v) 100%
of that portion of any assumption application fees to which the Master Servicer is entitled under Section 3.12(a) of the
Pooling and Servicing Agreement with respect to the Serviced Loan Combination in connection with matters performed by the Primary
Servicer pursuant to Section 3.01(c)(16) of this Agreement, (vi) 50% of that portion of any Excess Modification Fees, Consent
Fees and similar fees to which the Master Servicer is entitled under Section 3.12(a) of the Pooling and Servicing Agreement
with respect to the Serviced Loan Combination in connection with matters performed by the Primary Servicer pursuant to Section
3.01(c)(29) of this Agreement, (vii) 50% of that portion of any defeasance fees to which the Master Servicer is entitled under
Section 3.12(a) of the Pooling and Servicing Agreement with respect to the Serviced Loan Combination in connection with
matters performed by the Primary Servicer pursuant to Section 3.01(c)(16) of this Agreement, and (viii) 100% of that portion
of any beneficiary statement charges to which the Master Servicer is entitled under Section 3.12(a) of the Pooling and Servicing
Agreement with respect to the Serviced Loan Combination. The Primary Servicer shall not be entitled to Prepayment Interest Excesses,
Default Interest or any other amounts not specifically addressed above in this Section 3.01(c)(19).

 

(20)          Section
3.12(d) and (e). The Primary Servicer shall promptly notify the Master Servicer of any request or inquiry described in the
second paragraph of Section 3.12(e) of the Pooling and Servicing Agreement (i.e., a request from a Mortgagor, Certificateholder
or other Person that requires the assistance of Independent legal counsel or other consultant, as further described in the Pooling
and Servicing Agreement).

 

(21)          Section
3.13. The Primary Servicer shall deposit all Prepayment Interest Shortfalls in the Primary Servicing Account on each Primary
Servicer Remittance Date.

 

(22)          Section
3.14. The Sub-Servicer shall deliver to the Master Servicer the report required under Section 3.14(b) of the Pooling
and Servicing Agreement at least five (5) Business Days prior to the date the Master Servicer is required to deliver such report
to the Special Servicer.

 

(23)          Section
3.15. The Primary Servicer shall also be subject to Section 3.01(c)(32) of this Agreement. None of the restrictions
in Section 3.15 of the Pooling and Servicing Agreement or Section 3.01(c)(32) of this Agreement shall prohibit or
restrict oral or written communications, or providing information, between the Primary Servicer, on the one hand, and a Rating
Agency, on the other hand, with regard to (i) such Rating Agency’s review of the ratings it assigns to the Primary Servicer,
(ii) such Rating Agency’s approval of the Primary Servicer as a commercial mortgage master, special or primary servicer or
(iii) such Rating Agency’s evaluation of the Primary Servicer’s servicing operations in general; provided, however,
that the Primary Servicer shall not provide any information relating to the Certificates or the Serviced Loan Combination to a
Rating Agency in connection with such review and evaluation by such Rating Agency unless (x) borrower, property or deal specific
identifiers are redacted; (y) the Master Servicer confirms to the Primary Servicer in writing that it has in fact previously provided
such information to the Rule 17g-5 Information Provider and does not provide such information to such Rating Agency until the earlier
of (i) receipt of notification from the Rule 17g-5 Information Provider that such information has been posted to the Rule 17g-5
Information Provider’s Website and (ii) after 12:00 p.m. on the first Business Day following the date it has provided such
information to the Rule 17g-5 Information Provider; or (z) such Rating Agency

 

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has confirmed in writing to the Primary Servicer
that it does not intend to use such information in undertaking credit rating surveillance for any Class of Certificates (and the
Primary Servicer shall, upon written request, certify to the Depositor (with a copy to the Master Servicer) that it received the
confirmation described in this clause (z)). The Primary Servicer shall provide to Master Servicer access to all the Servicing Files,
Mortgage Files and servicing systems maintained by the Primary Servicer with respect to the Serviced Loan Combination for audit
and review.

 

(24)          Sections
3.18(a) and (b). The Primary Servicer shall promptly (but in no event later than thirty (30) days after the completion of related
inspection report) forward to the Master Servicer a copy of all inspection reports prepared by or on behalf of the Primary Servicer.
If any inspection report identifies a “life safety” or other material deferred maintenance item existing with respect
to the related Mortgaged Property, the Primary Servicer (x) shall promptly send to the related Mortgagor (with a copy to the Master
Servicer by email to cmsins@wellsfargo.com) a letter identifying such deferred maintenance item and instructing the related Mortgagor
to correct such deferred maintenance item and (y) shall follow up with the related Mortgagor in writing (with a copy to the Master
Servicer by email to cmsins@wellsfargo.com) and at such frequency as is in accordance with the Servicing Standard to confirm that
such deferred maintenance item is being corrected. With respect to the Serviced Loan Combination serviced hereunder, the Primary
Servicer shall inform each ground lessor that any notices of default under the related Ground Lease should thereafter be forwarded
to the Master Servicer in addition to the Primary Servicer.

 

(25)          Section
3.19.

 

(26)          Section
3.20 is not incorporated herein. The Primary Servicer shall not be permitted to make any Property Advance. The Primary Servicer
shall give the Master Servicer not less than five (5) Business Days’ notice before the date on which the Master Servicer
is required to make any Property Advance with respect to the Serviced Loan Combination. In addition, the Primary Servicer shall
provide the Master Servicer with such information in its possession as the Master Servicer may reasonably request to enable the
Master Servicer to determine whether a requested Property Advance would constitute a Nonrecoverable Advance.

 

(27)          Section
3.22(a). The Primary Servicer shall promptly notify the Master Servicer of any event or circumstance that the Primary Servicer
deems to constitute a Servicing Transfer Event with respect to the Serviced Loan Combination. The determination as to whether a
Servicing Transfer Event has occurred shall be made by the Master Servicer. Upon receipt by the Master Servicer of notice from
the Special Servicer than a Specially Serviced Loan has become a Corrected Loan, the Master Servicer shall promptly give the Primary
Servicer notice thereof and the obligation of the Primary Servicer to service and administer such Serviced Loan Combination shall
resume.

 

(28)          [Reserved].

 

(29)          Section
3.24. Notwithstanding anything herein to the contrary, the Primary Servicer shall not take any action with respect to any modification,
extension, waiver, consent or other action contemplated by Section 3.24 of the Pooling and Servicing Agreement unless the

 

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Primary Servicer has confirmed with the Master Servicer that the Master Servicer is either obligated to process or that the Master
Servicer and the Special Servicer have mutually agreed that the Master Servicer shall process such request pursuant to Section
3.24 of the Pooling and Servicing Agreement. Following such confirmation, the Primary Servicer will not permit or consent to
any modification, extension, waiver, consent or other action contemplated by Section 3.24 of the Pooling and Servicing Agreement
without the prior written consent of the Master Servicer. With respect to any such proposed action, the Primary Servicer shall
promptly notify the Master Servicer of any Mortgagor request for such action, and perform and forward to the Master Servicer any
analysis, recommendation or other information required to be prepared and/or delivered by the Master Servicer under Section
3.24 of the Pooling and Servicing Agreement. The Master Servicer, not the Primary Servicer, will deal directly with the Special
Servicer, the Operating Advisor and the Rating Agencies in connection with obtaining any necessary approval or consent from the
respective party. If the Primary Servicer shall process such modification, extension, waiver, consent or other action and the Master
Servicer consents to such transaction, the Primary Servicer shall document and close such transaction. When forwarding a request
for the approval of any lease or renewal or extension thereof, the Primary Servicer shall forward to the Master Servicer the information
concerning such lease required by, and in the form of, Exhibit I attached hereto. The Primary Servicer will not permit
any Principal Prepayment with respect to the Serviced Loan Combination without the written consent of the Master Servicer. The
Primary Servicer shall promptly forward all requests for Principal Prepayments to the Master Servicer, along with a payoff statement
(with respect to each Principal Prepayment request) setting forth the amount of the necessary Principal Prepayment calculated by
the Primary Servicer.

 

(30)          Section
3.25 is not incorporated herein. The Primary Servicer will not permit any replacement of a Manager for the related Mortgaged
Property with respect to the Serviced Loan Combination without the express written consent of the Master Servicer.

 

(31)          Section
3.28.

 

(32)          Section
3.30 is not incorporated herein. Notwithstanding any provision herein to the contrary, the Primary Servicer shall not deliver
any information or documents to the Rating Agencies or make any request to a Rating Agency for a Rating Agency Confirmation; all
such deliveries and requests shall be made by, and as determined necessary by, the Master Servicer. The Primary Servicer shall
not communicate (orally or in writing) with any Rating Agency regarding any of the Loan Documents or any matter related to the
Serviced Loan Combination, the related Mortgaged Properties, the related Mortgagors or any other matters in connection with the
Certificates or pursuant to this Agreement or the Pooling and Servicing Agreement. The Primary Servicer agrees to comply (and to
cause each and every subcontractor, vendor or agent for the Primary Servicer and each of its officers, directors and employees
to comply) with the provisions relating to communications with the Rating Agencies set forth in this Section 3.01(c)(32)
and the Pooling and Servicing Agreement and shall not deliver to any Rating Agency any report, notice, statement, request for Rating
Agency Confirmation or other information the communication of which to the Rating Agencies is restricted by the Pooling and Servicing
Agreement.

 

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All information described
in the immediately preceding paragraph will be provided by, and all such communications, responses and requests described in the
immediately preceding paragraph will be made by, the Master Servicer in accordance with the procedures required by the Pooling
and Servicing Agreement. To the extent that the Master Servicer is required to provide any information to, or communicate with,
any Rating Agency in accordance with its obligations under the Pooling and Servicing Agreement and such information or communication
is regarding the Serviced Loan Combination or the primary servicing by the Primary Servicer under this Agreement, the Primary Servicer
shall provide the information to the Master Servicer necessary for the Master Servicer to fulfill such obligations.

 

(33)          Section
3.32.

 

(34)          Section
3.33 is not incorporated herein. The Primary Servicer shall not initiate or become involved in any claim or litigation that
falls within the scope of Loan-Related Litigation. Upon becoming aware of or being named in any claim or litigation that falls
within the scope of Loan-Related Litigation, the Primary Servicer shall promptly, but in any event no later than five (5) Business
Days of the Primary Servicer receiving service of such Loan-Related Litigation, provide written notice thereof to the Master Servicer.
Notwithstanding the foregoing, the Primary Servicer shall retain the right to make determinations relating to the claims against
the Primary Servicer subject to Section 3.33(g) of the Pooling and Servicing Agreement and the rights of the Special Servicer
set forth therein, which shall apply to the Primary Servicer to the extent such provisions apply to the Master Servicer.

 

(35)          Section
4.02(b) is not incorporated herein. The Primary Servicer shall deliver to the Master Servicer, no later than 1:00 p.m. New
York City time on the first Business Day following the Determination Date, by electronic transmission in the format designated
by the Master Servicer, a CREFC® Delinquent Loan Status Report, the CREFC® Financial File, the CREFC®
Property File, the CREFC® Comparative Financial Status Report (except for the first two Distribution Dates),
the CREFC® Servicer Watch List and Portfolio Review Guidelines, the CREFC® Total Loan Report and
the CREFC® Loan Level Reserve/LOC Report, each providing the required information as of such Determination Date.
At the request of Master Servicer, the Primary Servicer shall send to each Mortgagor a notice directing the Mortgagor to forward
to the Special Servicer annual, quarterly and monthly operating statements, budgets and rent rolls of the related Mortgaged Property,
and financial statements of the related Mortgagor. The preparation and maintenance by the Primary Servicer of all the reports specified
in this Section 3.01(c)(35), including the calculations made therein, shall be done in accordance with CREFC® standards
to the extent applicable thereto.

 

The Primary Servicer
shall deliver to the Master Servicer, (a) on a monthly basis, no later than 1:00 p.m. New York City time on the Primary Servicer
Reporting Date, by electronic transmission in a format designated by the Master Servicer, the CREFC® Loan Periodic
Update File, providing the required information as of such Determination Date, (b) on a monthly basis, no later than 1:00 p.m.
New York City time on the Primary Servicer Reporting Date, by electronic transmission in a format designated by the Master Servicer
the Collection Report (the information therein to be stated as of the Determination Date) in the form of Exhibit G
attached hereto and (c) within thirty (30) days after the end of each calendar quarter, beginning with the quarter ending on September
30, 2016, the certification on the Serviced Loan Combination,

 

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including without limitation information regarding UCC financing
statements, taxes, insurance premiums and ground rents, required by and in the form of Exhibit E attached hereto.
The Primary Servicer shall deliver to the Master Servicer on the second Business Day of each month by electronic transmission in
a format designated by the Master Servicer, a remittance report containing scheduled balance information for the Serviced Loan
Combination reflecting the scheduled Monthly Payment for such month in the form of Exhibit G attached hereto. In
addition, on each day that the Primary Servicer forwards to the Master Servicer any funds pursuant to Section 3.01(c)(36)
of this Agreement, the Primary Servicer shall deliver to the Master Servicer by electronic transmission in a format reasonably
acceptable to the Master Servicer and the Primary Servicer, a report of the nature of such remittance in the form of Exhibit
G attached hereto. The Primary Servicer shall also prepare and deliver to the Master Servicer not later than 1:00 p.m.
New York City time by the twenty-fifth day of each month, a certification in the form of Exhibit J attached hereto.
The Primary Servicer shall also prepare and deliver to the Master Servicer such other reports as reasonably requested by the Master
Servicer from time to time.

 

The Primary Servicer
shall electronically deliver to the Master Servicer in Microsoft Excel format promptly upon completion, and in any event, at least
five (5) Business Days before the Master Servicer must deliver or make available such reports, statements and files under the Pooling
and Servicing Agreement, a copy of all operating statements, income statements, rent rolls and other reporting information collected
by the Primary Servicer and the CREFC® Operating Statement Analysis Report and CREFC® NOI Adjustment
Worksheet with respect to the Serviced Loan Combination as required by Section 4.02(b) of the Pooling and Servicing Agreement.

 

(36)          Section
4.06 is not incorporated herein. The Primary Servicer shall not be permitted to make P&I Advances.

 

(37)          Sections
10.01, 10.02, 10.03, 10.04, 10.05, 10.06, 10.07, 10.08, 10.09, 10.10, 10.11, 10.12, 10.17 and 10.18. The Primary Servicer shall
perform all obligations and be subject to all restrictions and requirements applicable to the Master Servicer or “Sub-Servicer”
in such Sections as they relate to its duties thereunder. In addition, if the Primary Servicer is a “Servicing Function Participant”
or a “Reporting Servicer” it shall perform all obligations and be subject to all restrictions and requirements applicable
to a “Servicing Function Participant” or a “Reporting Servicer” in such Sections. For purposes of this
Section 3.01(c)(37), the Other Depositor and Other Exchange Act Reporting Party shall mean the Other Depositor and Other
Exchange Act Reporting Party relating to the securitization of each Serviced Pari Passu Companion Loan. The Primary Servicer shall
cooperate fully with the Master Servicer (and any Other Depositor and any Other Exchange Act Reporting Party) and deliver to the
Master Servicer (and any Other Depositor and any Other Exchange Act Reporting Party) any and all statements, reports, certifications,
records and any other information in its possession and necessary in the good faith determination of the Master Servicer, the Certificate
Administrator, the Trustee, the Depositor, any Other Depositor or any Other Exchange Act Reporting Party, as applicable, to permit
the Depositor or any Other Depositor, as applicable, to comply with the provisions of Regulation AB and the Master Servicer to
comply with its obligations under Article X of the Pooling and Servicing Agreement, together with such disclosures relating
to the Primary Servicer, or the servicing of the Serviced Loan Combination, reasonably believed by the

 

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Depositor or any Other Depositor,
the Certificate Administrator or the Master Servicer, as applicable, to be necessary in order to effect such compliance. For purposes
of this Section 3.01(c)(37) of this Agreement, references to the Trustee, the Certificate Administrator or the Depositor
(or any Other Depositor or Other Exchange Act Reporting Party) in Article X of the Pooling and Servicing Agreement shall
not be deemed to be references to the Master Servicer but shall remain references to the Trustee, the Certificate Administrator
or the Depositor (or any Other Depositor or Other Exchange Act Reporting Party); provided that the Primary Servicer shall copy
the Master Servicer on any notice, certificate or information provided to the Trustee, the Certificate Administrator, the Depositor,
the Other Exchange Act Reporting Party or the Other Depositor pursuant to this Section 3.01(c)(37) of this Agreement.

 

With respect to any
period that the Primary Servicer is a Servicing Function Participant or a servicer as contemplated by Item 1108(a)(2) of Regulation
AB, the Primary Servicer shall perform all obligations under Sections 10.01, 10.02 and 10.03 of the Pooling
and Servicing Agreement applicable to a servicer as contemplated by Item 1108(a)(2) of Regulation AB (including, without limitation,
any obligation or duty the Master Servicer is required under Sections 10.01, 10.02 and 10.03 of the Pooling
and Servicing Agreement to cause (or use commercially reasonable efforts to cause) a Servicing Function Participant or such a servicer
as contemplated by Item 1108(a)(2) of Regulation AB to perform).

 

Any Additional Form
10-D Disclosure and related Additional Disclosure Notification required to be delivered by the Primary Servicer shall be delivered
to the Master Servicer (and, if the Primary Servicer is an Additional Servicer or a Servicing Function Participant, also to the
Depositor, the Certificate Administrator and each Other Depositor and Other Exchange Act Reporting Party to which such Additional
Form 10-D Disclosure is relevant for Exchange Act reporting purposes) within the time provided in Section 10.04 of the Pooling
and Servicing Agreement. If the Primary Servicer obtains actual knowledge of the incurrence of additional debt or mezzanine debt
by a Mortgagor, the Primary Servicer shall promptly, but in no event later than two (2) Business Days, deliver notice to the Master
Servicer of such Mortgagor’s incurrence of such debt in the form of Exhibit W-3 to the Pooling and Servicing Agreement.

 

The Primary Servicer
shall provide all the reports required of a Reporting Servicer under Section 10.05 of the Pooling and Servicing Agreement.
The Primary Servicer shall provide all reasonable cooperation (with respect to information regarding the Primary Servicer or the
Serviced Loan Combination) to enable the Master Servicer to provide any Additional Form 10-K Disclosure. Any Additional Form 10-K
Disclosure and related Additional Disclosure Notification required to be delivered by the Primary Servicer shall be delivered to
the Master Servicer (and, if the Primary Servicer is an Additional Servicer or a Servicing Function Participant, also to the Depositor,
the Certificate Administrator and each Other Depositor and each Other Exchange Act Reporting Party to which the particular Additional
Form 10-K Disclosure is relevant for Exchange Act reporting purposes), on or before the fifth Business Day preceding March 1st
of each year, beginning February 22, 2017.

 

The Primary Servicer
(without regard to whether the Primary Servicer is a Servicing Function Participant, a Reporting Servicer or Additional Servicer)
shall provide a certification substantially in the form of Exhibit Y-8 attached to the Pooling and Servicing Agreement (on
which the Master Servicer and its officers, directors and Affiliates, in addition to the

 

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Certification Parties, can reasonably
rely) to the Master Servicer on or before the fifth Business Day preceding March 1st of each year. If the Primary Servicer
is a Reporting Servicer, such certification shall also be provided to the Certifying Person by the time required by the Pooling
and Servicing Agreement, and if the Primary Servicer is not a Reporting Servicer, such certification shall be delivered only to
the Master Servicer. In addition, the Primary Servicer (a) shall provide such information and assistance as may be reasonably required
to cooperate with the Master Servicer in complying with Section 10.06 of the Pooling and Servicing Agreement and (b) shall
cooperate with the Master Servicer’s reasonable requests in performing its due diligence for its certification under Section
10.06 of the Pooling and Servicing Agreement.

 

Any Form 8-K Disclosure
Information and related Additional Disclosure Notification required to be delivered by the Primary Servicer shall be delivered
to the Master Servicer, the Depositor, the Certificate Administrator and each Other Depositor and Other Exchange Act Reporting
Party to which such Form 8-K Disclosure Information is relevant for Exchange Act reporting purposes, within the time provided in
Section 10.07 of the Pooling and Servicing Agreement.

 

The Primary Servicer
(without regard to whether the Primary Servicer is an Additional Servicer or Servicing Function Participant) shall deliver its
Officer’s Certificate required by Section 10.08 of the Pooling and Servicing Agreement to the Master Servicer on or
before the fifth Business Day preceding March 1st of each year. If the Primary Servicer is an Additional Servicer, the
Primary Servicer shall also deliver such Officer’s Certificate to the Certificate Administrator, the Serviced Companion Loan
Holders (or, in the case of a Serviced Companion Loan that is part of an Other Securitization Trust, the applicable Other Depositor
and Other Exchange Act Reporting Party) and the Depositor, and shall forward a copy to, prior to the occurrence and continuance
of a Consultation Termination Event, the Controlling Class Representative, within the time provided in Section 10.08 of
the Pooling and Servicing Agreement, and if the Primary Servicer is not an Additional Servicer, such Officer’s Certificate
shall be delivered only to the Master Servicer.

 

The Primary Servicer
(without regard to whether the Primary Servicer is a Servicing Function Participant, a Reporting Servicer or Additional Servicer)
shall deliver the items required under Sections 10.09 and 10.10 of the Pooling and Servicing Agreement regarding
itself (the “report on an assessment of compliance with Relevant Servicing Criteria” and “accountants’
report”) to the Master Servicer on or before the fifth Business Day preceding March 1st of each year. If the Primary
Servicer is a Servicing Function Participant, a Reporting Servicer or Additional Servicer, the report on an assessment of compliance
with the Relevant Servicing Criteria and accountants’ report shall also be delivered to the Certificate Administrator, the
Trustee, the Serviced Companion Loan Holders (or, in the case of a Serviced Companion Loan that is part of an Other Securitization
Trust, the applicable Other Depositor and Other Exchange Act Reporting Party), the Custodian and the Depositor, and only with respect
to the accountants’ report, prior to the occurrence and continuance of a Consultation Termination Event, the Controlling
Class Representative, within the time provided in Sections 10.09 and 10.10 of the Pooling and Servicing Agreement,
and if the Primary Servicer is not a Servicing Function Participant, a Reporting Servicer or Additional Servicer, the report on
an assessment of compliance with Relevant Servicing Criteria and accountants’ report shall be delivered only to the Master
Servicer.

 

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If any Mortgaged Property
that secures a Serviced Pari Passu Companion Loan is a “significant obligor” (within the meaning of Item 1101(k) of
Regulation AB), the Sub-Servicer shall comply with Section 10.11(b) of the Pooling and Servicing Agreement and shall deliver
such information and reports as provided therein to the Master Servicer at least five (5) Business Days before the Master Servicer
must deliver such items.

 

Subject to other provisions
of this Agreement restricting the right of the Primary Servicer to retain subservicers or subcontractors, the provisions of Article
X of the Pooling and Servicing Agreement regarding retaining a “Sub-Servicer,” “Subcontractor,” “Additional
Servicer” or “Servicing Function Participant” shall be applicable to any sub-servicer, subcontractor or agent
hired by the Primary Servicer to perform any of its obligations hereunder and the Primary Servicer shall comply with such provisions.

 

If the Primary Servicer
is (or was during any time relevant to the third and fourth paragraphs of Section 10.12) an Additional Servicer or Servicing
Function Participant, the Primary Servicer shall perform all of the obligations of an Affected Reporting Party contained in the
third and fourth paragraphs of Section 10.12. The Primary Servicer shall also obtain the consent of the Master Servicer
(which consent shall not be unreasonably denied, withheld or delayed) when the Depositor’s consent is required under this
paragraph.

 

The Primary Servicer
shall indemnify and hold harmless the Master Servicer, each Certification Party, the Certificate Administrator, the Depositor and
each Other Depositor (and their respective employees, directors and officers, and each other person who controls any such entity
within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act) from and against any and all claims,
losses, damages, penalties, fines, forfeitures, legal fees and expenses and related costs, judgments and any other costs, fees
and expenses (including without limitation the costs of investigation, legal defense and any amounts paid in settlement of any
claim or litigation) incurred by such indemnified party arising out of (i) a breach of its obligations to provide any of the annual
compliance statements or annual servicing criteria compliance reports or attestation reports pursuant to this Agreement, (ii) negligence,
bad faith or willful misconduct on the part of the Primary Servicer in the performance of such obligations, (iii) any failure by
a Servicer (as defined by Section 10.02(b) of the Pooling and Servicing Agreement) to identify a Servicing Function Participant
pursuant to Section 10.02(c) of the Pooling and Servicing Agreement, (iv) the failure of any Servicing Function Participant
or Additional Servicer retained by it to perform its obligations to the Master Servicer, the Depositor, any Other Depositor or
Certificate Administrator under this Section 3.01(c)(37) by the time required after giving effect to any applicable grace
period and cure period, or (v) any Deficient Exchange Act Deliverable regarding, and delivered by or on behalf of, the Primary
Servicer.

 

The Master Servicer
shall notify the Primary Servicer if the Primary Servicer becomes a Servicing Function Participant, an Additional Servicer, and/or
a Reporting Servicer. Upon request, the Master Servicer shall provide the Primary Servicer with current mailing addresses of the
Trustee, the Depositor, the Certificate Administrator, the Companion Loan Holders, the applicable Other Depositor and/or Other
Exchange Act Reporting Party to whom the Primary Servicer must deliver Exchange Act-related reports as a result of becoming a Servicing
Function Participant, an Additional Servicer and/or a Reporting Servicer.

 

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If the indemnification
provided for in this Section 3.01(c)(37) is unavailable or insufficient to hold harmless any Certification Party, the Master
Servicer, the Depositor, any Other Depositor, any employee, director or officer of the Depositor or any Other Depositor, or any
other person who controls the Depositor or any Other Depositor within the meaning of either Section 15 of the Securities Act or
Section 20 of the Exchange Act, then the Primary Servicer shall contribute to the amount paid or payable to the indemnified party
as a result of the losses, claims, damages or liabilities of the indemnified party in such proportion as is appropriate to reflect
the relative fault of the indemnified party on the one hand and the Primary Servicer on the other in connection with a breach of
the Primary Servicer’s obligations pursuant to this Section 3.01(c)(37).

 

(38)          Section
11.01(b). The Sub-Servicer shall provide all reasonable cooperation (with respect to information regarding the Serviced Loan
Combination in the Primary Servicer’s possession) to enable the Master Servicer to provide the information required pursuant
to Section 11.01(b) of the Pooling and Servicing Agreement.

 

Section 3.02          Merger
or Consolidation of the Primary Servicer.

 

The Primary Servicer
shall keep in full effect its existence, rights and franchises as a limited liability company under the laws of the state of its
formation except as permitted herein, and shall obtain and preserve its qualification to do business as a foreign limited liability
company in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of
this Agreement or the Serviced Loan Combination and to perform its duties under this Agreement.

 

Any Person into which
the Primary Servicer may be merged or consolidated, or any limited liability company resulting from any merger, conversion or consolidation
to which the Primary Servicer shall be a party, or any Person succeeding to the business of the Primary Servicer, or any Person
succeeding to all or substantially all of the servicing business of the Primary Servicer, shall be the successor of the Primary
Servicer hereunder, 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; provided, however, that the successor or surviving Person (i) must be a company
whose business is the origination and servicing of mortgage loans and shall be authorized to transact business in the state or
states in which the Mortgaged Properties it is to service are situated, (ii) must be reasonably acceptable to the Master Servicer,
and (iii) shall assume in writing the obligations of the Primary Servicer under this Agreement.

 

Section 3.03          Limitation
on Liability of the Primary Servicer and Others.

 

Neither the Primary
Servicer nor any Affiliates, directors, officers, employees, members, managers, representatives or agents of the Primary Servicer
(the “Primary Servicer Parties”) will be under any liability to the Master Servicer 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 Primary Servicer Parties against any breach of warranties or representations
made herein, or against any liability that would otherwise be imposed on the Primary Servicer by reason of its willful misconduct,
bad faith, fraud or negligence (or by reason of any specific liability imposed hereunder for a breach of the Servicing

 

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Standard)
in the performance of its duties hereunder or by reason of its negligent disregard of its obligations or duties hereunder. The
Primary Servicer and any officer, employee or Affiliate of the Primary Servicer may rely in good faith on any document of any kind,
prima facie, properly executed and submitted by any appropriate Person respecting any matters arising hereunder. The Primary Servicer
shall not be under any obligation to appear in, prosecute or defend any legal action unless such action is related to its duties
under this Agreement and either (i) it is specifically required to bear the cost of such action or (ii) such action will not, in
its reasonable and good faith judgment, involve it in any ultimate expense or liability for which it would not be reimbursed hereunder;
provided, however, that the Primary Servicer may, with the consent of the Master Servicer, undertake any such action
which it may deem necessary or desirable in respect to this Agreement and the rights and duties of the parties hereto. In such
event, the legal expenses and costs of such action and any liability resulting therefrom shall be expenses, costs and liabilities
for which the Master Servicer will be liable and the Primary Servicer shall be entitled to be reimbursed to the extent the Master
Servicer is reimbursed therefor by the Trust. To the extent provided in the Pooling and Servicing Agreement, the Primary Servicer
Parties shall be indemnified by the Trust, against any Losses incurred by the Primary Servicer in connection with any claim, loss,
penalty, fine, foreclosure, judgment, liability or legal action relating to this Agreement, other than any Losses (i) that are
specifically required to be borne by the Primary Servicer without right of reimbursement pursuant to the terms of this Agreement
or (ii) that are incurred by reason of (A) a breach of any representation or warranty by the Primary Servicer or (B) willful misconduct,
bad faith, fraud or negligence of the Primary Servicer in the performance of duties under this Agreement or negligent disregard
of obligations and duties under this Agreement; provided, however, that the indemnification described in this sentence shall be
strictly limited to any actual amount of indemnification received by the Master Servicer under the Pooling and Servicing Agreement
as a result of pursuing the Trust on behalf of the Primary Servicer for such indemnification.

 

Section 3.04          Primary
Servicer Not to Resign.

 

The Primary Servicer
shall not resign from the obligations and duties hereby imposed on it except by mutual consent of the Primary Servicer and the
Master Servicer, or upon the determination that its duties hereunder are no longer permissible under applicable law and such incapacity
cannot be cured by the Primary Servicer. Any such determination permitting the resignation of the Primary Servicer shall be evidenced
by an Opinion of Counsel to such effect delivered to the Master Servicer, which Opinion of Counsel shall be in form and substance
acceptable to the Master Servicer.

 

Section 3.05          No
Transfer or Assignment of Servicing.

 

With respect to the
responsibility of the Primary Servicer to service the Serviced Loan Combination hereunder, the Primary Servicer acknowledges that
the Master Servicer has acted in reliance upon the Primary Servicer’s independent status, the adequacy of its servicing facilities,
plant, personnel, records and procedures, its integrity, reputation and financial standing and the continuance thereof. Without
in any way limiting the generality of this Section 3.05, the Primary Servicer shall neither assign or transfer this Agreement
or the servicing hereunder nor delegate its rights or duties hereunder or any portion thereof, nor sell or otherwise dispose of
all or substantially all of its property or assets, without the prior written approval of the Master

 

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Servicer, which consent will
not be unreasonably withheld or delayed. Notwithstanding the foregoing, prior to any assignment or transfer by the Primary Servicer
of this Agreement or the servicing hereunder (the “Primary Servicing Rights”), the Primary Servicer shall allow
the Master Servicer an opportunity to bid on the purchase of such Primary Servicing Rights. The Primary Servicer may also solicit
bids from other parties independent of the Primary Servicer. If after receipt by the Primary Servicer of all bids, the Master Servicer
is not the highest bidder, the Master Servicer will be given the opportunity to submit a second bid and final bid, which bid shall
be given equal consideration with all other bids.

 

Section 3.06          Indemnification.

 

The Primary Servicer
Parties shall be indemnified by the Master Servicer against any loss, liability or expense (collectively, the “Losses”)
incurred by the Primary Servicer in connection with any claim, loss, penalty, fine, foreclosure, judgment, liability or legal action
relating to this Agreement resulting from the Master Servicer’s willful misconduct, bad faith, fraud, or negligence in the
performance of duties hereunder or negligent disregard of its obligations hereunder. The Primary Servicer shall indemnify and hold
harmless the Master Servicer and its directors, officers, representatives, members, managers, agents, employees or affiliates against
any Losses incurred by the Master Servicer in connection with any claim, loss, penalty, fine, foreclosure, judgment, liability
or legal action relating to this Agreement, the Pooling and Servicing Agreement or the Certificates by reason of (1) any breach
by the Primary Servicer of a representation or warranty made by the Primary Servicer in this Agreement or (2) any willful misconduct,
bad faith, fraud or negligence by the Primary Servicer in the performance of its obligations or duties under this Agreement or
under the Pooling and Servicing Agreement or by reason of negligent disregard of such obligations and duties. Each indemnified
party hereunder shall give prompt written notice to the indemnitor of matters which may give rise to liability of such indemnitor
hereunder; provided, however, that failure to give such notice shall not relieve the indemnitor of any liability
except to the extent of actual prejudice. This Section 3.06 shall survive the termination of this Agreement and the termination
or resignation of the Master Servicer or the Primary Servicer.

 

ARTICLE
IV

DEFAULT

 

Section 4.01          Events
of Default.

 

In case one or more
of the following events (each, a “Primary Servicer Termination Event”) by the Primary Servicer shall occur and
be continuing, that is to say:

 

(a)          any failure
by the Primary Servicer (i) to make a required deposit to the Primary Servicer Loan Combination Custodial Account or any Mortgagor
Account maintained by the Primary Servicer on the day and by the time such deposit was first required to be made, or (ii) to
remit to the Master Servicer any amount required to be so deposited or remitted by the Primary Servicer, which failure is not cured
within one (1) Business Day after such deposit or remittance is due; or

 

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(b)          any failure
on the part of the Primary Servicer to observe or perform its obligations and duties in accordance with Section 3.08 of
the Pooling and Servicing Agreement; or

 

(c)          any failure
on the part of the Primary Servicer to (a) make available and certify to the Master Servicer the information called for on Exhibit
E at any time required hereunder, or (b) to timely make available and certify to the Master Servicer the Collection Report
which failure continues unremedied for one (1) Business Day; or

 

(d)          the Primary
Servicer shall fail three (3) times within any twelve (12) month period to (a) timely deposit or remit any amounts required to
be deposited or remitted under this Agreement, or (b) timely provide to the Master Servicer any report required by this Agreement
to be provided to the Master Servicer; or

 

(e)          any failure
(other than a failure referred to in another clause in this Section 4.01) on the part of the Primary Servicer duly to observe
or perform in any material respect any other of its covenants or agreements contained in this Agreement, which continues unremedied
for a period of twenty (20) days (ten (10) days in the case of a failure to pay the premium for any insurance policy required to
be force placed by the Primary Servicer pursuant to this Agreement or in any event such reasonable shorter period of time as is
necessary to avoid the commencement of foreclosure proceedings for any lien relating to unpaid real estate taxes or assessments
or a lapse in any required insurance coverage) after the date on which written notice of such failure, requiring the same to be
remedied, shall have been given to the Primary Servicer by (i) the Master Servicer or (ii) an affected Serviced Companion Loan
Holder; provided, if that failure with a 20-day cure period is capable of being cured and the Primary Servicer is diligently pursuing
such cure, such 20-day period will be extended an additional forty-five (45) days; provided that the Primary Servicer has commenced
to cure such failure within the initial 20-day period and has certified that it has diligently pursued, and is continuing to pursue,
a full cure; or

 

(f)          any breach on
the part of the Primary Servicer of any representation or warranty contained in this Agreement which materially and adversely affects
the interests of the Master Servicer, any Class of Certificateholders or Serviced Companion Loan Holders and which continues unremedied
for a period of twenty (20) days after the date on which notice of such breach, requiring the same to be remedied, shall have been
given to the Primary Servicer by (i) the Master Servicer or (ii) an affected Serviced Companion Loan Holder; provided if that breach
is capable of being cured and the Primary Servicer is diligently pursuing that cure, that 20-day period will be extended an additional
forty-five (45) days; provided that the Primary Servicer has commenced to cure such failure within the initial 20-day period and
has certified that it has diligently pursued, and is continuing to pursue, a full cure; or

 

(g)          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 Primary Servicer and such decree or order
shall have remained in force undischarged, undismissed or unstayed for a period of forty-five (45) days; or

 

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(h)         the Primary
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 Primary Servicer,
or of or relating to all or substantially all of its property; or

 

(i)          the Primary
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; or

 

(j)          the Primary
Servicer shall assign or transfer or attempt to assign or transfer all or part of its rights and obligations hereunder except as
permitted by this Agreement; or

 

(k)         either Moody’s
or KBRA (or, in the case of Serviced Companion Loan Securities, any Companion Loan Rating Agency) has (i) qualified, downgraded
or withdrawn its rating or ratings of one or more Classes of Certificates or one or more classes of Serviced Companion Loan Securities,
or (ii) placed one or more Classes of Certificates or one or more classes of Serviced Companion Loan Securities on “watch
status” in contemplation of rating downgrade or withdrawal and, in the case of either clauses (i) or (ii), publicly citing
servicing concerns with the Master Servicer (because of actions of the Primary Servicer) or the Primary Servicer as the sole or
material factor in such rating action (and such qualification, downgrade, withdrawal or “watch status” placement has
not been withdrawn by such Rating Agency (or, in the case of Serviced Companion Loan Securities, any Companion Loan Rating Agency)
within sixty (60) days of such event); or

 

(l)          the Primary
Servicer ceases to have a commercial primary servicer rating of at least “CPS3” from Fitch and that rating is not reinstated
within 60 days; or

 

(m)        the net worth
of the Primary Servicer, determined in accordance with generally accepted accounting principles shall decline to less than $2 million;
or

 

(n)         a Servicer Termination
Event by the Master Servicer under the Pooling and Servicing Agreement occurs, which Servicer Termination Event occurred as a result
of the failure of the Primary Servicer to perform any obligation required under this Agreement; or

 

(o)         so long as the
Trust is subject to the reporting requirements of Regulation AB or the Exchange Act, (A) any failure by the Primary Servicer to
deliver by the due date any Exchange Act reporting items required to be delivered to the Master Servicer, the Certificate Administrator
or the Depositor under Article X of the Pooling and Servicing Agreement or under this Agreement or to the master servicer under
any other pooling and servicing agreement that the depositor is a party to, or (B) any failure by the Primary Servicer to perform
in any material respect any of its covenants or obligations contained in this Agreement regarding creating, obtaining or delivering
any Exchange Act reporting items required for any party to the Pooling and Servicing Agreement to perform its obligations under
Article X of the Pooling and Servicing Agreement or under the Exchange Act reporting requirements of any other pooling and servicing
agreement that the Depositor is a party to.

 

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If any Primary Servicer
Termination Event shall occur and be continuing, then, and in each and every such case, so long as such Primary Servicer Termination
Event shall not have been remedied, the Master Servicer, or in the case of a Primary Servicer Termination Event described in Section
4.01(o) of this Agreement, the Depositor, may terminate, by notice in writing to the Primary Servicer, all of the rights and
obligations of the Primary Servicer as Primary Servicer under this Agreement and in and to the Serviced Loan Combination and the
proceeds thereof. From and after the receipt by the Primary Servicer of such written notice, all authority and power of the Primary
Servicer under this Agreement, whether with respect to the Serviced Loan Combination or otherwise, shall pass to and be vested
in the Master Servicer pursuant to and under this Section 4.01, and, without limitation, the Master Servicer is hereby authorized
and empowered to execute and deliver, on behalf of and at the expense of the Primary Servicer, 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 Serviced Loan
Combination and related documents, or otherwise. The Primary Servicer hereby acknowledges that the Serviced Companion Loan Holder
shall be entitled to direct the Master Servicer to replace the Primary Servicer with a successor sub-servicer for the Serviced
Loan Combination pursuant to Section 7.01(d) of the Pooling and Servicing Agreement (the “Successor Sub-Servicer”)
following a Primary Servicer Termination Event. The Primary Servicer agrees that if it is terminated pursuant to this Section
4.01, it shall promptly (and in any event no later than five (5) Business Days subsequent to its receipt of the notice of termination)
provide the Master Servicer or Successor Sub-Servicer, as applicable, with all documents and records (including, without limitation,
those in electronic form) requested by it to enable it to assume the Primary Servicer’s functions hereunder, and shall cooperate
with the Master Servicer in effecting the termination of the Primary Servicer’s responsibilities and rights hereunder and
the assumption by a successor of the Primary Servicer’s obligations hereunder, including, without limitation, the transfer
within one (1) Business Day to the Master Servicer or the Successor Sub-Servicer, as applicable, for administration by it of all
cash amounts which shall at the time be or should have been credited by the Primary Servicer to the Primary Servicer Loan Combination
Custodial Account, the Collection Account, the Loan Combination Custodial Account, any Escrow Account or any Lock-Box Account,
or thereafter be received with respect to the Serviced Loan Combination (provided, however, that the Primary Servicer shall continue
to be entitled to receive all amounts accrued or owing to it under this Agreement on or prior to the date of such termination,
and it and its directors, officers, employees and agents shall continue to be entitled to the benefits of Section 3.03 of
this Agreement notwithstanding any such termination).

 

In addition to any
other rights the Master Servicer may have hereunder, if the Primary Servicer fails to remit to the Master Servicer any amounts
when required to be remitted hereunder, the Primary Servicer shall pay to the Master Servicer interest on the amount of such late
remittance at the rate of Wells Fargo Bank, National Association prime rate plus three percent (3%) per annum, applied on a per
diem basis for each day such remittance is late (i.e., said per annum rate divided by 365 multiplied by the number of days late);
but in no event shall such interest be greater than the maximum amount permitted by law.

 

In addition to any
other rights and remedies available to the Master Servicer hereunder or at law or equity, including, without limitation, the right
to a recovery of damages, the Master

 

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Servicer may impose, and if so imposed, the Primary Servicer shall pay, the penalties described
in this paragraph for any failure by the Primary Servicer to timely provide to the Master Servicer any report or certification
required by this Agreement to be provided to the Master Servicer, the Collection Report required by this Agreement, the remittance
report in the form of Exhibit G required by this Agreement, or the account reconciliations required by this Agreement
(and, with respect to the account reconciliations, such failure continues unremedied for thirty (30) days after the time within
which they are required to be delivered) (each such failure referred to herein as a “Primary Servicer Delinquency”).
The Master Servicer may impose on the Primary Servicer a penalty of $500.00 for the first Primary Servicer Delinquency to occur
hereunder (“Initial Primary Servicer Delinquency”), a penalty of $1,000.00 for the next Primary Servicer Delinquency
occurring within two (2) years following an Initial Primary Servicer Delinquency, and a penalty of $1,500.00 for any other Primary
Servicer Delinquency occurring within two (2) years following an Initial Primary Servicer Delinquency; provided, however, that
if no Primary Servicer Delinquency occurs during any two (2) year period, the first Primary Servicer Delinquency thereafter shall
be deemed to be an “Initial Primary Servicer Delinquency”. The penalties provided for in this paragraph are not intended
to constitute liquidated damages. The rights and remedies of the Master Servicer under this Agreement are cumulative with, and
not exclusive of, any other rights or remedies which it would otherwise have.

 

Section 4.02          Waiver
of Defaults.

 

The Master Servicer
may waive any default by the Primary Servicer in the performance of its obligations hereunder and its consequences. Upon any such
waiver of a past default, such default shall cease to exist, and any Primary Servicer Termination Event 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 except to the extent expressly so waived.

 

Section 4.03          Other
Remedies of Master Servicer.

 

During the continuance
of any Primary Servicer Termination Event, so long as such Primary Servicer Termination Event shall not have been remedied, the
Master Servicer, in addition to the rights specified in Section 4.01 of this Agreement, shall have the right, in its own
name, to take all actions now or hereafter existing at law, in equity or by statute to enforce its rights and remedies (including
the institution and prosecution of all judicial, administrative and other proceedings and the filing of proofs of claim and debt
in connection therewith). 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 Primary
Servicer Termination Event.

 

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ARTICLE
V

TERMINATION

 

Section 5.01          Termination.

 

Except as otherwise
specifically set forth herein, the rights, obligations and responsibilities of the Primary Servicer shall terminate (without payment
of any penalty or termination fee) (i) upon the later of the final payment or other liquidation (or any advance with respect thereto)
of the last Mortgage Loan and the remittance of all funds due hereunder or if the last Mortgage Loan becomes an REO Mortgage Loan
or the related Mortgaged Property becomes REO Property; (ii) by mutual consent of the Primary Servicer and the Master Servicer
in writing; (iii) pursuant to Section 5.02 of this Agreement; (iv) at the option of any purchaser of one or more Mortgage
Loans pursuant to the Pooling and Servicing Agreement, upon such purchase and only with respect to such purchased Mortgage Loan
or Mortgage Loans, subject to the Primary Servicer’s rights to retain accrued and unpaid Primary Servicing Fees; (v) upon
the Serviced Loan Combination becoming a Specially Serviced Loan; (vi) at the option of the Trustee if the Trustee has assumed
the duties of the Master Servicer or by any successor Master Servicer, without cost or obligation to the assuming party or the
Trust Fund, upon the assumption by such party of the obligations of the Master Servicer pursuant to Section 7.02 of the
Pooling and Servicing Agreement; or (vii) upon termination of the Pooling and Servicing Agreement. Notwithstanding anything herein
to the contrary, the Primary Servicer shall not receive any Primary Servicing Fee upon termination of this Agreement.

 

Section 5.02          Termination
With Cause.

 

The Master Servicer
may, at its sole option, terminate any rights the Primary Servicer may have hereunder with respect to the Serviced Loan Combination
as provided in Section 4.01 of this Agreement upon the occurrence of a Primary Servicer Termination Event.

 

Any notice of termination
shall be in writing and delivered to the Primary Servicer as provided in Section 6.05 of this Agreement.

 

Additionally, the Depositor
may terminate any rights the Primary Servicer may have hereunder with respect to the Serviced Loan Combination at any time following
any failure of the Primary Servicer to deliver any Exchange Act reporting items that the Primary Servicer is required to deliver
under Regulation AB or as otherwise contemplated by Article X of the Pooling and Servicing Agreement.

 

Section 5.03          Intentionally
Deleted.

 

Section 5.04          Termination
of Duties with Respect to Specially Serviced Loans.

 

At such time as the
Serviced Loan Combination becomes a Specially Serviced Loan, the obligations and duties of the Primary Servicer set forth herein
with respect to such Specially Serviced Loan shall cease and the Serviced Loan Combination shall no longer be subject to this Agreement.

 

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ARTICLE
VI

MISCELLANEOUS

 

Section 6.01          Successor
to the Primary Servicer.

 

Prior to termination
of the Primary Servicer’s responsibilities and duties under this Agreement pursuant to Sections 3.04, 4.01,
5.01 or 5.02 of this Agreement, the Master Servicer shall (i) succeed to and assume all of the Primary Servicer’s
responsibilities, rights, duties and obligations under this Agreement, or (ii) appoint a successor which satisfies the criteria
for a successor Primary Servicer in Section 3.02 of this Agreement and which shall succeed to all rights and assume all
of the responsibilities, duties and liabilities of the Primary Servicer under this Agreement accruing following the termination
of the Primary Servicer’s responsibilities, duties and liabilities under this Agreement.

 

Section 6.02          Financial
Statements.

 

The Primary Servicer
shall, upon the request of the Master Servicer, make available its financial statements and other records relevant to the performance
of the Primary Servicer’s obligations hereunder. It is acknowledged that the Primary Servicer and the Master Servicer
have entered into that certain confidentiality and nondisclosure agreement dated August 8, 2013 (the “NDA”),
and that any financial statements and other information relating to the Primary Servicer provided by the Primary Servicer to the
Master Servicer pursuant to this Agreement for the purpose of enabling the Master Servicer to receive information related to sub-servicer
reviews are subject to the terms of the NDA by its terms; provided that information regarding the Serviced Loan Combination, the
Mortgagors or Mortgaged Properties shall not be subject to the NDA; and provided, further, that the NDA shall not be deemed to
restrict the Master Servicer’s use of information for the purpose of evaluating the Primary Servicer’s performance
under, and compliance with, this Agreement.

 

Section 6.03          Closing.

 

The closing for the
commencement of the Primary Servicer to perform the servicing responsibilities under this Agreement with respect to the Serviced
Loan Combination shall take place on the Closing Date. At the Master Servicer’s option, the closing shall be either by telephone,
confirmed by letter or wire as the parties shall agree, or conducted in person, at such place as the parties shall agree.

 

The closing shall be
subject to the execution and delivery of the Pooling and Servicing Agreement by the parties thereto.

 

Section 6.04          Closing
Documents.

 

The Closing Documents
shall consist of all of the following documents:

 

(a)          to be provided
by the Primary Servicer:

 

(1)          this
Agreement executed by the Primary Servicer;

 

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(2)          an
Officer’s Certificate of the Primary Servicer, dated the Closing Date and in the form of Exhibit B hereto,
including all attachments thereto;

 

(3)          Reserved;
and

 

(4)          the
account certifications in the form of Exhibit F hereto required by Section 3.01(c)(8) and (9) of this
Agreement, fully completed; and

 

(b)          to be provided
by the Master Servicer:

 

(1)          this
Agreement executed by the Master Servicer; and

 

(2)          the
Mortgage Loan Schedule, with one copy to be attached to each counterpart of this Agreement as Exhibit A hereto; and

 

(3)          the
Pooling and Servicing Agreement substantially in the form of Exhibit C hereto.

 

Section 6.05          Notices.

 

All demands, notices,
consents and communications hereunder shall be in writing and shall be deemed to have been duly given when delivered to the following
addresses:

 

		(i)	if to the Master Servicer:

 

Wells Fargo Bank, National Association

Commercial Mortgage Servicing

MAC D1086

550 South Tryon Street, 14th Floor

Charlotte, North Carolina 28202

Reference: CGCMT 2016-C1 Asset Manager

 

with a copy to:

Wells Fargo Bank, National Association

Legal Department

301 S. College St., TW-30

D1053-300

Charlotte, North Carolina 28202-6000

Reference: Commercial Mortgage Servicing Legal Support

 

with a copy to:

 

K&L Gates LLP

Hearst Tower

214 North Tryon Street

Charlotte, North Carolina 28202

Attention: Stacy G. Ackermann

 

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		(ii)	if to the Primary Servicer:

 

Berkeley Point Capital LLC

One Beacon Street, 14th Floor

Boston, MA 02108

Attention: Director and Head of Servicing

 

with a copy to:

 

Berkeley Point Capital LLC

7700 Wisconsin Avenue, Suite 1100

Bethesda, MD 20814

Attention: Raqual Crea-Legal Department

 

or such other address as may hereafter
be furnished to the other party by like notice.

 

Section 6.06          Severability
Clause.

 

Any part, provision,
representation or warranty of this Agreement which is prohibited or which is held to be void or unenforceable shall be ineffective
to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition
or unenforceability in any jurisdiction as to the Serviced Loan Combination shall not invalidate or render unenforceable such provision
in any other jurisdiction. To the extent permitted by applicable law, the parties hereto waive any provision of law which prohibits
or renders void or unenforceable any provision hereof. If the invalidity of any part, provision, representation or warranty of
this Agreement shall deprive any party of the economic benefit intended to be conferred by this Agreement, the parties shall negotiate,
in good faith, to develop a structure the economic effect of which is nearly as possible the same as the economic effect of this
Agreement without regard to such invalidity.

 

Section 6.07          Counterparts.

 

This Agreement may
be executed simultaneously in any number of counterparts. Each counterpart shall be deemed to be an original, and all such counterparts
shall constitute one and the same instrument.

 

Section 6.08          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 the laws of the State of New York, except to the extent preempted by Federal Law.

 

Section 6.09          Protection
of Confidential Information.

 

The Primary Servicer
shall keep confidential and shall not divulge to any party other than the Master Servicer, the Depositor, the Special Servicer,
the Trustee or the Serviced Companion

 

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Loan Holders, without the Master Servicer’s prior written consent, any information
pertaining to the Serviced Loan Combination or any borrower thereunder, except to the extent that it is appropriate for the Primary
Servicer to do so in working with legal counsel, auditors, taxing authorities or other governmental agencies or in accordance with
this Agreement.

 

Section 6.10          Intention
of the Parties.

 

It is the intention
of the parties that the Master Servicer is conveying, and the Primary Servicer is receiving, only a contract for servicing the
Serviced Loan Combination. Accordingly, the parties hereby acknowledge that the Trustee remains the sole and absolute beneficial
owner of the Mortgage Loans and all rights related thereto and that the Serviced Companion Loan Holder remains the sole and absolute
beneficial owner of the Serviced Pari Passu Companion Loans.

 

Section 6.11          Third
Party Beneficiary.

 

The Trustee, for the
benefit of the Certificateholders and the related Companion Loan Holder, and the Trust, as holder of the Lower-Tier Regular Interests,
shall each be a third party beneficiary under this Agreement, provided that, except to the extent the Trustee or its designee
assumes the obligations of the Master Servicer hereunder as contemplated by Section 6.12 of this Agreement, none of the
Trustee, the Fund, the Certificate Administrator, the Operating Advisor, any successor Master Servicer, the Special Servicer, any
Certificateholder or the related Companion Loan Holder shall have any duties under this Agreement or any liabilities arising herefrom.
The Depositor and each Certification Party shall be a third party beneficiary under this Agreement solely with respect to the obligations
of the Primary Servicer under Section 3.01(c)(37) of this Agreement and, with respect to the Depositor, Section 4.01
of this Agreement.

 

Section 6.12          Successors
and Assigns; Assignment of Agreement.

 

This Agreement shall
bind and inure to the benefit of and be enforceable by the Primary Servicer and the Master Servicer and the respective successors
and assigns of the Primary Servicer and the Master Servicer. This Agreement shall not be assigned, pledged or hypothecated by the
Primary Servicer to a third party except as otherwise specifically provided for herein. If the Master Servicer shall for any reason
no longer act in such capacity under the Pooling and Servicing Agreement (including by reason of a Servicer Termination Event),
the Trustee or its designee or any other successor to the Master Servicer may thereupon assume all of the rights and, except to
the extent they arose prior to the date of assumption, obligations of the Master Servicer under this Agreement, subject to the
Primary Servicer’s rights hereunder, including the right to retain accrued and unpaid Primary Servicing Fees.

 

Section 6.13          Waivers.

 

No term or provision
of this Agreement may be waived or modified unless such waiver or modification is in writing and signed by the party against whom
such waiver or modification is sought to be enforced.

 

    30

     

    

 

Section 6.14          Exhibits.

 

The Exhibits to this
Agreement are hereby incorporated and made a part hereof and are an integral part of this Agreement.

 

Section 6.15          General
Interpretive Principles.

 

The article and section
headings are for convenience of a reference only, and shall not limit or otherwise affect the meaning hereof.

 

Section 6.16          Complete
Agreement.

 

This Agreement embodies
the complete agreement between the parties regarding the subject matter hereof and may not be varied or terminated except by a
written agreement conforming to the provisions of Section 6.18 of this Agreement. All prior negotiations or representations
of the parties are merged into this Agreement and shall have no force or effect unless expressly stated herein.

 

Section 6.17          Further
Agreement.

 

The Primary Servicer
and the Master Servicer each agree to execute and deliver to the other such reasonable and appropriate additional documents, instruments
or agreements as may be necessary or appropriate to effectuate the purposes of this Agreement.

 

Section 6.18          Amendments.

 

This Agreement may
only be amended with the consent of the Primary Servicer and the Master Servicer. The Master Servicer shall not consent to any
modification to the Pooling and Servicing Agreement in any manner which would increase the obligations or limit the rights of a
Primary Servicer under the Pooling and Servicing Agreement or under this Agreement without the prior written consent of the Primary
Servicer (which consent shall not be unreasonably withheld).

 

Section 6.19          Exchange
Act Rule 17g-5 Procedures.

 

(a)          Notwithstanding
any provision herein to the contrary but subject to Section 6.19(c) of this Agreement and except as required by law, the
Primary Servicer shall not provide any information directly to, or communicate with, either orally or in writing, any Rating Agency
regarding the Certificates or the Serviced Loan Combination relevant to the Rating Agency’s surveillance of the Certificates
or Serviced Loan Combination, including, but not limited to, providing responses to inquiries from the Rating Agency regarding
the Certificates or the Serviced Loan Combination and requests for a Rating Agency Confirmation. All such information will be provided
by, and all such communications, responses and requests will be made by, the Master Servicer in accordance with the procedures
required by the Pooling and Servicing Agreement. To the extent that the Master Servicer is required to take any action under the
Pooling and Servicing Agreement to comply with Exchange Act Rule 17g-5, the Primary Servicer shall cooperate and provide any information
reasonably requested by the Master Servicer to enable the Master Servicer to comply with such obligations.

 

    31

     

    

 

(b)          The Primary
Servicer hereby expressly agrees to indemnify and hold harmless the Master Servicer and the Depositor and their respective officers,
directors, shareholders, members, managers, employees, agents, Affiliates and controlling persons, and the Trust Fund (each, an
“Indemnified Party”), from and against any and all losses, liabilities, damages, claims, judgments, costs, fees,
penalties, fines, forfeitures or other expenses (including reasonable legal fees and expenses), joint or several, to which any
such Indemnified Party may become subject, under the Securities Act, the Exchange Act or otherwise, pursuant to a third-party claim,
insofar as such losses, liabilities, damages, claims, judgments, costs, fees, penalties, fines, forfeitures or other expenses (including
reasonable legal fees and expenses) arise out of or are based upon (i) the Primary Servicer’s breach of this Section 6.19
or (ii) a determination by the Rating Agency that it cannot reasonably rely on representations made by the Depositor or any Affiliate
thereof pursuant to Exchange Act Rule 17g-5(a)(3), to the extent caused by any such breach referred to in clause (i) above by the
Primary Servicer, and will reimburse such Indemnified Party for any legal or other expenses reasonably incurred by such Indemnified
Party in connection with investigating or defending any such action or claim, as such expenses are incurred.

 

(c)          None of the
foregoing restrictions in this Section 6.19 prohibit or restrict oral or written communications, or providing information,
between the Primary Servicer and any Rating Agency with regard to (i) such Rating Agency’s review of the ratings it assigns
to the Primary Servicer, (ii) such Rating Agency’s approval of the Primary Servicer as a commercial mortgage master, special
or primary servicer or (iii) such Rating Agency’s evaluation of the Primary Servicer’s servicing operations in general;
provided, however, that the Primary Servicer shall not provide any information relating to the Certificates or the
Serviced Loan Combination to such Rating Agency in connection with such review and evaluation by such Rating Agency unless (x)
borrower, property or deal specific identifiers are redacted; (y) the Master Servicer confirms to the Primary Servicer in writing
that it has in fact previously provided such information to the Rule 17g-5 Information Provider and does not provide such information
to such Rating Agency until the earlier of (i) receipt of notification from the Rule 17g-5 Information Provider that such information
has been posted to the Rule 17g-5 Information Provider’s Website and (ii) after 12:00 p.m. on the first Business Day following
the date it has provided such information to the Rule 17g-5 Information Provider; or (z) such Rating Agency has confirmed in writing
to the Primary Servicer that it does not intend to use such information in undertaking credit rating surveillance for any Class
of Certificates (and the Primary Servicer shall, upon written request, certify to the Depositor (with a copy to the Master Servicer)
that it received the confirmation described in this clause (z)).

 

Section 6.20          Notification
to Primary Servicer Concerning REO Property

 

The Master Servicer
shall notify the Primary Servicer if the Serviced Loan Combination becomes an REO Loan or if a related Mortgage Property becomes
REO Property.

 

[SIGNATURES ON NEXT PAGE]

 

    32

     

    

 

IN WITNESS WHEREOF,
the Primary Servicer and the Master Servicer have caused their names to be signed hereto by their respective officers thereunto
duly authorized as of the date first above written.

 

	 	WELLS FARGO BANK, NATIONAL ASSOCIATION
	 	 
	 	By:	/s/ Nachette Hadden
	 	 	Name: Nachette Hadden
Title:   Director

 

CGCMT 2016-C1

Berkeley Point Primary Servicing Agreement

 

     

     

    

 

IN WITNESS WHEREOF,
the Primary Servicer and the Master Servicer have caused their names to be signed hereto by their respective officers thereunto
duly authorized as of the date first above written.

 

	 	Berkeley
    Point Capital LLC
	 	 
	 	By:	/s/ Nancy Guanci
	 	 	Name: Nancy Guanci
Title: Vice President
	 	 	 
	 	By:	/s/ Ellen D. Miller
	 	 	Name: Ellen D. Miller
Title: Managing Director

 

CGCMT 2016-C1

Berkeley Point Primary Servicing Agreement

 

     

     

    

 

EXHIBIT A

 

MORTGAGE
LOAN SCHEDULE

 

MORTGAGE
LOANS

 

 

	ID	 	Property
    Name	 	Cut-off
    Date 

    Balance	 	Primary
    Servicing Fee
	 	 	 	 	 	 	 
	5
	 	Marriott Savannah Riverfront
	 	$40,000,000
	 	0.00250%

 

COMPANION
LOANS

 

	Loan
    Name	 	Cut-off
    Date 

    Balance	 	Primary
    Servicing Fee
	 	 	 	 	 
	Marriott Savannah Riverfront 
	 	$33,500,000
	 	0.00250%

 

    	A-1

     

    

 

EXHIBIT
B

 

PRIMARY
SERVICER’S OFFICER’S CERTIFICATE

SERIES CGCMT 2016-C1

 

I,
[__________], hereby certify that I am the duly elected [______________] of Berkeley Point Capital LLC, a [___________] organized
under the laws of the State of [____________] (the “Primary Servicer”) and further as follows:

 

		1.	Attached
                                         hereto as Exhibit 1 is a true, correct and complete copy of the [certificate
                                         of formation][articles of incorporation] of the Primary Servicer which are in full force
                                         and effect on the date hereof and which have been in effect without amendment, waiver,
                                         rescission or modification since January 1, 2009.

 

		2.	Attached
                                         hereto as Exhibit 2 is a true, correct and complete copy of the [organization
                                         document] of the Primary Servicer which are in effect on the date hereof and which have
                                         been in effect without amendment, waiver, rescission or modification since January 1, 2009.

 

		3.	Attached
                                         hereto as Exhibit 3 is an original certificate of good standing of the
                                         Primary Servicer, issued on [________] [__], 2016, and no event has occurred since the date
                                         thereof which would impair such standing.

 

		4.	Attached
                                         hereto as Exhibit 4 is a true, correct and complete copy of the corporate
                                         resolutions of the Board of Directors of the Primary Servicer authorizing the Primary
                                         Servicer to execute and deliver the Primary Servicing Agreement, dated as of May 1, 2016
                                         (the “Primary Servicing Agreement”), by and between the Primary Servicer
                                         and Wells Fargo Bank, National Association and such resolutions are in effect on the
                                         date hereof and have been in effect without amendment, waiver, rescission or modification
                                         since August 31, 2011.

 

		5.	Either
                                         (i) no consent, approval, authorization or order of any court or governmental agency
                                         or body is required for the execution, delivery and performance by the Primary Servicer
                                         of or compliance by the Primary Servicer with the Primary Servicing Agreement or the
                                         consummation of the transactions contemplated by the Primary Servicing Agreement; or
                                         (ii) any required consent, approval, authorization or order has been obtained by the
                                         Primary Servicer.

 

		6.	Neither
                                         the consummation of the transactions contemplated by, nor the fulfillment of the terms
                                         of the Primary Servicing Agreement, conflicts or will conflict with or results or will
                                         result in a breach of or constitutes or will constitute a default under the charter or
                                         by-laws of the Primary Servicer, the terms of any indenture or other agreement or instrument
                                         to which the Primary Servicer is a party or by which it is bound or to which it is subject,
                                         or any statute or order, rule, regulation, writ, injunction or decree of any court, governmental authority or regulatory body to which
the Primary Servicer is subject or by which it is bound.

 

    	B-1

     

    

 

		7.	There
                                         is no action, suit, proceeding or investigation pending or to the best of my knowledge
                                         threatened against the Primary Servicer which, in our judgment, either in any one instance
                                         or in the aggregate, may result in any material adverse change in the business, operations,
                                         financial conditions, properties or assets of the Primary Servicer or in any material
                                         impairment of the right or ability of the Primary Servicer to carry on its business substantially
                                         as now conducted or in any material liability on the part of the Primary Servicer or
                                         which would draw into question the validity of the Primary Servicing Agreement or of
                                         any action taken or to be taken in connection with the transactions contemplated hereby,
                                         or which would be likely to impair materially the ability of the Primary Servicer to
                                         perform under the terms of the Primary Servicing Agreement.

 

		8.	Each
                                         person listed on Exhibit 5 attached hereto who, as an officer or representative
                                         of the Primary Servicer, signed the Primary Servicing Agreement and any other document
                                         delivered prior hereto or on the date hereof in connection with the Primary Servicing
                                         Agreement, was, at the respective times of such signing and delivery, and is now, a duly
                                         elected or appointed, qualified and acting officer or representative of the Primary Servicer,
                                         who holds the office set forth opposite his or her name on Exhibit 5, and the signatures of such persons appearing on such documents are their genuine
                                         signatures.

 

		9.	The
                                         Primary Servicer is duly authorized to engage in the transactions described and contemplated
                                         in the Primary Servicing Agreement.

 

IN
WITNESS WHEREOF, I have hereunto signed my name and affixed the seal of the Primary Servicer.

	 	 	 	 
	Dated:	 	 	By	 
	 	 	 	Name:

Title:

 

I,
[____________], an [____________________] of Berkeley Point Capital LLC, hereby certify that [______________] is the duly elected,
qualified and acting Senior Vice President of the Primary Servicer and that the signature appearing above is his genuine signature.

 

IN
WITNESS WHEREOF, I have hereunto signed my name.

 

	Dated:	 	 	By	 
	 	 	 	Name:

Title:

 

    	B-2

     

    

  

EXHIBIT
5

 

to

 

Primary
Servicer’s Officer’s Certificate

 

	Name	Title	Signature
	 		
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 

 

    	B-3

     

    

 

EXHIBIT
C

 

POOLING
AND SERVICING AGREEMENT

 

Previously
Delivered.

 

    	C-1

     

    

 

EXHIBIT
D

 

[RESERVED]

 

    	D-1

     

    

 

EXHIBIT
E

 

QUARTERLY
SERVICING CERTIFICATION

 

Primary
Servicer: _____________________________________________

 

RE:          Series
CGCMT 2016-C1
  

Pursuant
to the Servicing Agreement(s) between Wells Fargo Bank, National Association and the above referenced Primary Servicer, we certify
that with respect to the mortgage loans serviced by us for Wells Fargo Bank, National Association that as
of the quarter ending ____________ except as otherwise noted below:

 

		·	All
                                         taxes, assessments and other governmental charges levied against the mortgaged premises,
                                         ground rents payable with respect to the mortgaged premises, if any, which would be delinquent
                                         if not paid, have been paid.

 

		·	All
                                         required insurance policies are in full force and effect on the mortgaged premises in
                                         the form and amount and with the coverage required by the loan documents.

 

		·	On
                                         all required insurance policies, the loss payee is in the name of the Trust.

 

		·	All
                                         UCC Financing Statements have been renewed prior to expiration.

 

		·	All
                                         reserves are maintained and disbursed in accordance with the loan documents and no expired
                                         reserves exist.

 

		·	All
                                         letters of credit are transferred to the Trust as beneficiary and are properly renewed.

 

		·	Lockboxes
                                         are being serviced in accordance with loan documents.

 

		·	All
                                         required loan documents, third party reports and underwriting files are complete and
                                         all applicable loan documents have been properly assigned to the Trust.

 

	EXCEPTIONS: 	 
	 	 
	 	 

 

	 	 	 
	Servicing Officer	 	Date

 

    E-1

     

    

 

EXHIBIT F

 

FORM OF ACCOUNT CERTIFICATION

SERIES CGCMT 2016-C1

 

Securitization: ___________________________________________________________________________________________________________________

 

Sub Servicer: ___________________________________________________________________________________________________________________

 

	 	________	New Account	________	Change of Account Information
	 	 	 
	Indicate purpose of account (check all that apply):	 	 
	 	 	 
	 	________	Principal & Interest	________	Deposit Clearing
	 	________	Taxes & Insurance	________	Disbursement Clearing
	 	________	Reserves (non-interest bearing)	________	Suspense
	 	________	Reserves (interest bearing)	 	 

 

Account Number: _______________________________________________________________________________________________________________

 

Account Name: _________________________________________________________________________________________________________________

 

Depository Institution (and Branch):

	 	 	 
	   	Name:	___________________________________________________________________________________________________________________
	 	 	 
	 	Street:	___________________________________________________________________________________________________________________

 

	 	 City, State,
    Zip:____________________________________________________________________________________________________________

 

	   	Rating Agency: _____________________________________________	Rating:	_______________________________________________________

 

Please note that the name of the account must follow the guideline
specifications detailed in the applicable agreement.

 

Prepared by: ____________________________________________________________________________________________________________________

 

Signature: ______________________________________________________________________________________________________________________

 

Title: __________________________________________________________________________________________________________________________

 

Date: __________________________________________________________________________________________________________________________

	 	 	 
	Telephone: _________________________________________________________	 	Fax: ______________________________________________

 

    	F-1

    	 

    

 

EXHIBIT G

 

FORM OF COLLECTION REPORT

 

SERIES CGCMT 2016-C1

 

Month of________

 

	

 1	

 2	

 3	

4	

5	

6	

7	

8	

9	

10	

11	

12	

13	

14	

15	

16	

17	18	19	20	21	22	23	24	25	26	27	28	29	30	31	32	33	34	35	36	37	38	39
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sub

Serv ID  	Master

Servicer

Loan#

	Sub-Servicer
Loan#  	Prosp

ID 	Sched

Due

Date	Begin Balance Prior to

Pmt

	Ending
Balance After Pmt	Paid
Thru Date	Current
Note Rate	Sub-

Servicer 

Fee Rate	Sched
Prin Pmt	Sched
Int Pmt	Sched
P&I Amount	Sched
Sub- Serv Fee	Sched
Addl Sub- Sub Fee  	Neg
Am/

Deferred Int Amount	Unsched
Principal Rec’d  	Other
Principal Adjust  	Other
Interest Adjust  	Liq/
Prepmt Date  	Prepmt
Penalty / YM Rec’d	Prepmt
Int Exc/Short	Liq/
Prepmt Code	T&I Advances O/S

	Pmt Eff Date Recd

	Actual Principal Rec’d

	Actual
(Gross) Interest Rec’d	Actual
Sub- Servicer Fee Paid	Addl
Sub-Sub Fee Paid	Actual
(Net) Interest Rec’d 	Late
Charges Rec’d 	Default
Interest Rec’d 	Assum
Fees Rec’d 	Addl
Fees Rec’d 	Remittance
Amount 	Actual
Loan Balance 	Total
Reserve Balance 	Pmt
Loan Status 	Comments
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	0.00	0.00	 	0.00	 	0.00	0.00	0.00	 	 	0.00	0.00	0.00	0.00	0.00	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	NET
REMIT

TO MS	-	 	 	 	 

 

    	G-1

    	 

    

 

EXHIBIT H

 

FORM OF CERTIFICATE OF INSURANCE

 

Primary
Servicer:  ________________________________________________

 

	RE:	Series CGCMT 2016-C1

 

Pursuant to the Primary
Servicing Agreement(s) between Wells Fargo Bank, National Association and the above-named Primary Servicer, we certify with
respect to the Serviced Loan Combination serviced by us for Wells Fargo Bank, National Association that all required
insurance policies are in full force and effect on the mortgaged premises in the form and amount and with the coverage
required by the Servicing Agreement(s).

 

 

	Servicing Officer	 	Date

 

    	H-1

    	 

    

 

EXHIBIT I

 

NEW LEASE INFORMATION 

	 	 	 	 	 	 
	Loan #	 	Property Type:	 	Tenant:	 

	 	 
	Property Name/Address:	 

	 	 	 	 	 	 
	Term (Years, Months):	 	Sq Ft Gross Rentable:	 	  Net Rentable	 

	 	 	 	 
	Begin Lease Date:	 	 	  Retail

	 	 	 	 
	End Lease Date:	 	 	 Office

	 	 	 	 
	Occupancy Date (if diff): 	 	 	 Other

 

	 	 	 	 
	Minimum Rent 	 	 	(S/SF/YR)

	 	 	 	 	 	 
	 	 	(Mo/Yr)	Escalation:	CPI	Other
	Change to	on	 	 	 	 
	Change to	on	 	 	 	 
	Change to	on	 	 	 	 
	Change to	on	 	 	 	 

 

Percentage Rent 

	 	 	 	 
	% Amount	For 	% Rent Due:	 
	 	For	 	Monthly
	 	Up to	 	Quarterly
	 	Up to	 	Annually

	 	 	 	 
	Breakpoint	(S/Yr)  	Sales Report Due:	 
	 	 	 	 	 

	 	 	(Mo/Yr)	 
	Change to	  on	 	Monthly
	Change to	  on	 	Quarterly
	Change to	  on	 	Annually

 

Recoveries 

	 	 	 	 	 
	Taxes	 	 	Per	 

	 	 	 	 	 
	Insurance	 	 	Per	 

	 	 	 	 	 
	Cam	 	 	Per	 

	 	 	 	 	 
	HVAC	 	 	Per	 

	 	 	 	 	 
	Adver/Promo	 	 	Per	 

	 	 	 	 	 
	 	 	 	Per	 

	 	 	 	 	 
	 	 	 	Per	 

 	 	 	 	 	 
	Management	 	 	Per	 

  

    	I-1

    	 

    

 

Renewal Options 

	 	 	 	 	 
	Term	 	 	SF	 

	 	 	 	 	 
	Minimum rent	 	 	Gross Rentable	 

	 	 	 	 	 
	% Rent	 	 	Net Rentable	 

 

Landlord Costs

	 	 	 
	 	Alterations:	 

	 	 	 
	 	   Commissions: 	 

	 	 	 
	 	   Moving Allowances:	 

	 	 	 
	 	 Buyout Clauses:	 

	 	 	 
	 	Other:	 

	 	 
	Building Insurance Requirements
	 	Tenant maintains fire & ED on building(s); will need coverage to renew

Does not furnish building coverage

General liability naming landlord mortgagee as additional insured; will need 

coverage for 

review

General liability without mentioning landlord’s mortgagee; do not need coverage
	 	 
	Waiver of Subrogation
	 	
        N/A

Mutual; will need endorsement

Landlord only; will need endorsement

Tenant only; do not need endorsement

	 	 
	Comments:
	 	 
	Attachments:	 
	 	Original Lease

Original Subordination Agreement

 

    	I-2

    	 

    

 

EXHIBIT J

 

MONTHLY ACCOUNTS CERTIFICATION

 

	Servicer:	 	 

 

	RE:	Series CGCMT 2016-C1

 

Pursuant to the Servicing Agreement(s)
between Wells Fargo Bank, National Association and the above named Primary Servicer, I certify with respect to each transaction
serviced by us, as noted above, for Wells Fargo Bank, National Association that as of the last day of the calendar month immediately
preceding the month in which this certificate is dated, all collection accounts and servicing accounts have been properly reconciled
and the reconciliations have been reviewed and approved by Primary Servicer’s management, except as otherwise noted below:

 

	EXCEPTIONS: 	 
	

                                                  
	 
	

                                                  
	 

 

 

	Servicing Officer	 	Date

 

    	 	J-1

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