Historical Liquidated Loan Detail. Distribution Date Loan Number OMCR Final Recovery Determ Date Most Recent Appraisal Date Most Recent Appraisal Value Actual Balance Gross Proceeds Gross Proceeds as a % of Act Bal Liquidation Expenses Net Liquidation Proceeds Net Proceeds as a % of Act Bal Realized Loss Repurchased by Seller (Y/N) There is no historical Liquidated Loan activity. Totals EXHIBIT Q [RESERVED] EXHIBIT R FORM OF CERTIFICATE ADMINISTRATOR RECEIPT IN RESPECT OF THE CLASS VRR CERTIFICATES [Date] [Name and Address of Retaining Party] Re: MAD Commercial Mortgage Trust 2019-650M, Commercial Mortgage Pass-Through Certificates, Series 2019-650M (Citigroup Commercial Mortgage Securities Inc., as Depositor) In accordance with Section 5.2(f) of the Trust and Servicing Agreement, dated as of December 8, 2019 (the “Agreement”), pursuant to which the captioned series of commercial mortgage pass-through certificates (the “Certificates”) were issued, the undersigned, as Certificate Administrator, hereby acknowledges receipt and possession of, and further agrees that it shall hereafter hold in the VRR Interest Safekeeping Account, the Certificates identified on Schedule I attached hereto (the “Subject Certificates”), which constitute some or all of the Combined VRR Interest, for the benefit of [Name of Retaining Party], the registered holder of the Subject Certificates, pursuant to the Agreement. Payments on the Subject Certificates shall be made to the registered holder thereof in accordance with the Agreement, including pursuant to any written wiring instructions provided in accordance with the Agreement. This receipt is solely for the benefit of the addressee and is non-transferable. Possession of this receipt by any other Person will not entitle such Person to delivery of, or any rights in respect of, the Subject Certificates. The Subject Certificates are subject to the restrictions on transfer set forth in, and shall not be released from the VRR Interest Safekeeping Account except in accordance with, the Agreement. Capitalized terms used but not defined herein shall the respective meanings set forth in the Agreement. CITIBANK, N.A., not in its individual capacity but solely as Certificate Administrator By: Name: Title: Schedule I Certificates Registered in the Name of [Retaining Party] Class (CUSIP) Certificate No. Initial Certificate Balance EXHIBIT S FORM OF CERTIFICATION OF A RISK RETENTION CONSULTATION PARTY KeyBank National Association Citigroup Commercial Mortgage Securities Inc. 100...
Historical Liquidated Loan Detail. Distribution Date Loan Number OMCR Final Recovery Determ Date Most Recent Appraisal Date Most Recent Appraisal Value Actual Balance Gross Proceeds Gross Proceeds as a % of Act Bal Liquidation Expenses Net Liquidation Proceeds Net Proceeds as a % of Act Bal Realized Loss Repurchased by Seller (Y/N) There is no historical Liquidated Loan activity. Totals EXHIBIT Q FORM OF RECOMMENDATION OF SPECIAL SERVICER TERMINATION Wilmington Trust, National Association, as Trustee 0000 Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx, Xxxxxxxx 00000 Attention: CMBS Trustee – CGCMT 2020-420K Citibank, N.A., as Certificate Administrator 000 Xxxxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Global Transaction Services – CGCMT 2020-420K Situs Holdings, LLC, as Special Servicer 000 Xxxxxxxxxx Xxxxxx, Suite 2250 San Francisco, California 94104 Attention: Xxxxxx Xxxxxxxxx Email: xxxxxxxxxxxxxxx@xxxxxxxx.xxx with a copy to: Situs Group, LLC 0000 Xxxxxxxxxx, Xxxxx 000X Xxxxxxx, Xxxxx 00000 Attention: Legal Department Email: xxxxx@xxxxxxxx.xxx Citigroup Commercial Mortgage Trust 2020-420K, Commercial Mortgage Pass-Through Certificates, Series 2020-420K Ladies and Gentlemen: This letter is delivered pursuant to Section 7.1(e) of the Trust and Servicing Agreement, dated as of November 6, 2020 (the “Trust and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Servicer, Situs Holdings, LLC, as Special Servicer, Pentalpha Surveillance LLC, as Operating Advisor, Citibank, N.A., as Certificate Administrator, and Wilmington Trust, National Association, as Trustee, on behalf of the holders Citigroup Commercial Mortgage Trust 2020-420K, Commercial Mortgage Pass-Through Certificates, Series 2020-420K (the “Certificates”) regarding the replacement of the Special Servicer. Capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed to such terms in the Trust and Servicing Agreement. Based upon our review of the operational practices of [_______], in its current capacity as Special Servicer, conducted pursuant to and in accordance with the Trust and Servicing Agreement, it is our determination, in our sole discretion exercised in good faith, that
