Special Servicing Fee. Servicer shall be entitled to a quarterly special servicing fee equal to an annualized rate of 2.00% of the original value of an Asset that, in the sole discretion of the manager of Fundrise, is deemed to be a non-performing asset.
Appears in 4 contracts
Samples: Servicing Agreement (Fundrise West Coast Opportunistic REIT, LLC), Servicing Agreement (Fundrise Midland Opportunistic REIT, LLC), Servicing Agreement (Fundrise East Coast Opportunistic REIT, LLC)
