CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC.,Mortgage Loan Purchase Agreement • December 9th, 2013 • Citigroup Commercial Mortgage Trust 2013-Gc17 • Asset-backed securities • New York
Representation Mortgage Loan Description of Exception (27) Mortgage Releases The Outlet Shoppes at Atlanta (No. 2) The Mortgagor is permitted to transfer the fee interest in the Mortgaged Property to the local taxing authority in exchange for a lease back of the Mortgaged Property as part of a PILOT program that would reduce the property taxes paid by the Mortgagor. The Mortgaged Property would remain subject to the mortgage upon any such transfer and the fee interest may be repurchased at any time for $100.
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and CITIGROUP GLOBAL MARKETS REALTY CORP., SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of December 1, 2013 Series 2013-GC17Mortgage Loan Purchase Agreement • December 9th, 2013 • Citigroup Commercial Mortgage Trust 2013-Gc17 • Asset-backed securities • New York
Representation Mortgage Loan Description of Exception (16) Insurance One Union Square (No. 4) The Mortgage Loan documents provide that Mortgagee is entitled to hold and disburse insurance proceeds in excess of five percent (5%) of the original loan amount (as opposed to the then outstanding loan amount), therefore, in the event of a casualty or condemnation that results in a partial prepayment of the loan, the Mortgage Loan documents impose a higher threshold than what the representation states regarding when Mortgagee can hold and disburse the proceeds. (16) Insurance Walgreens – Rock Hill, SC (No. 58) The Mortgage Loan documents permit Walgreen, Co. (“Walgreens”), to maintain the property insurance policy, or to self-insure, in accordance with the Mortgage Loan Documents, in lieu of Mortgagor’s maintenance of such property insurance policy, so long as: (i) the Walgreens lease obligates Walgreens to provide the insurance required under the Mortgage Loan documents, and (ii) if self-ins
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC., PURCHASER and STARWOOD MORTGAGE FUNDING I LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of December 1, 2013 Series 2013-GC17Mortgage Loan Purchase Agreement • December 9th, 2013 • Citigroup Commercial Mortgage Trust 2013-Gc17 • Asset-backed securities • New York
Capitalized terms used herein without definition have the meanings given them in the Agreement or, if not defined therein, in the Indemnification Agreement.
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC.,Mortgage Loan Purchase Agreement • December 9th, 2013 • Citigroup Commercial Mortgage Trust 2013-Gc17 • Asset-backed securities • New York
Capitalized terms used herein without definition have the meanings given them in the Agreement or, if not defined therein, in the Indemnification Agreement.
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC. CITIGROUP COMMERCIAL MORTGAGE TRUST 2013-GC17 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2013- GC17Underwriting Agreement • December 9th, 2013 • Citigroup Commercial Mortgage Trust 2013-Gc17 • Asset-backed securities
Citigroup Global Markets Inc. 388 Greenwich Street New York, New York 10013 Drexel Hamilton, LLC 77 Water Street New York, New York 10005 Goldman, Sachs & Co. 200 West Street New York, New York 10282 RBS Securities Inc. 600 Washington Blvd. Stamford, Connecticut 06901
CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC.,Mortgage Loan Purchase Agreement • December 9th, 2013 • Citigroup Commercial Mortgage Trust 2013-Gc17 • Asset-backed securities • New York
Capitalized terms used herein without definition have the meanings given them in the Agreement or, if not defined therein, in the Indemnification Agreement.
