Second amended and restated SERVICING AGREEMENTServicing Agreement • November 3rd, 2021 • JPMBB Commercial Mortgage Securities Trust 2014-C21 • Asset-backed securities • New York
This SECOND AMENDED AND RESTATED SERVICING AGREEMENT, effective as of October 31, 2021 (including the Exhibit and Annexes attached hereto, this “Agreement”), among Wells Fargo Bank, N.A. (“Wells Bank”) and Wells Fargo Delaware Trust Company, N.A. (“Wells Trust Company,” and together with Wells Bank, the “Sellers” and each, a “Seller”), Computershare Trust Company, N.A. (the “Bank Assets Purchaser”) and, upon execution of the Joinder Agreement, the Delaware Trust Assets Purchaser (together with the Bank Assets Purchaser, the “Purchasers” and each, a “Purchaser”), and Computershare Limited (“Guarantor”) (solely for purposes of Section 9.5).
approximate) JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2014-C21 Commercial Mortgage Pass-Through Certificates, Series 2014-C21 Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-SB, Class X-A, Class X-B, Class A-S, Class B, Class C and...Underwriting Agreement • July 22nd, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C21 • Asset-backed securities • New York
LLC, as senior trust advisor (the “Senior Trust Advisor”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Pooling and Servicing Agreement as in effect on the Closing Date (as defined below).
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., as Depositor WELLS FARGO BANK, NATIONAL ASSOCIATION, as Master Servicer TORCHLIGHT LOAN SERVICES, LLC, as Special Servicer WELLS FARGO BANK, NATIONAL ASSOCIATION, as Certificate Administrator,...Pooling and Servicing Agreement • July 22nd, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C21 • Asset-backed securities • New York
This Pooling and Servicing Agreement is dated and effective as of June 1, 2014, among J.P. Morgan Chase Commercial Mortgage Securities Corp., as Depositor, Wells Fargo Bank, National Association, as Master Servicer, Torchlight Loan Services, LLC, as Special Servicer, Wells Fargo Bank, National Association, as Certificate Administrator, Deutsche Bank Trust Company Americas, as Trustee, and Pentalpha Surveillance LLC, as Senior Trust Advisor.
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and RAIT FUNDING, LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of July 22, 2014 Fixed Rate Mortgage Loans Series 2014-C21Mortgage Loan Purchase Agreement • July 22nd, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C21 • Asset-backed securities • New York
Rep. No. on Annex D-1 Mortgage Loan and Number as Identified on Annex A-1 Description of Exception however, if TRIA is not in effect, the Mortgagor is not required to pay more than 200% of the aggregate insurance premiums payable with respect to the coverage required. 36 Shelly Plaza (Loan No. 34) (Ground Leases) – A portion of an unimproved parking lot at the Mortgaged Property is leased by the Mortgagor pursuant to a ground lease with the adjacent property owner, as ground lessor. The remainder of the parking lot is owned by the Mortgagor. The ground lease provides that in the event of a condemnation of all or a portion of the ground leased parcel, the ground lessor is entitled to the related proceeds. In such event, the ground rent due under the lease is required to be reduced in direct proportion to the ground area taken by the applicable governmental authority. The ground lease is silent as to the application of casualty proceeds.
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,Mortgage Loan Purchase Agreement • July 22nd, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C21 • Asset-backed securities • New York
Rep. No. on Annex D-1 Mortgage Loan and Number as Identified on Annex A-1 Description of Exception must be reestablished within 1 year from the date on which operation last ceased. The mortgage loan documents provide that the affected Mortgaged Property must be rebuilt as a multi-family in accordance with all applicable legal requirements within the time frame mandated by the applicable governmental authority. The related borrower must pay any difference between the amount of the net proceeds applied and the amount of the debt allocable to the affected Mortgaged Property. Law and ordinance coverage was obtained. 39 Walnut on Highland Apartments (Loan No. 22) (Rent Rolls; Operating Histories) – The Mortgaged Property is newly re-furbished and as of the origination date of the related Mortgage Loan, Certified Operating Histories were only available from June 30, 2013 through March 31, 2014. 42 Moulin Rouge Apartments (Loan No. 63) (Organization of Mortgagor) – A major sponsor had filed f
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and BARCLAYS BANK PLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of July 22, 2014 Fixed Rate Mortgage Loans Series 2014-C21Mortgage Loan Purchase Agreement • July 22nd, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C21 • Asset-backed securities • New York
or better by S&P or “Baa3” by Moody’s). The related mortgage loan documents approve Lloyd’s (including any Lloyd’s syndicates) as long as Lloyd’s maintains a rating of “A” or better by S&P. The related mortgage loan documents permit the Mortgagor to utilize insurers that do not satisfy the requirements of the mortgage loan documents to the extent approved by the lender. 18 One Dallas Center (Loan No. 13) (Insurance) – The related Mortgage Loan documents permit insurance to be provided by a group of insurance companies, if (1) at least seventy-five percent (75%) of the coverage (if there are four (4) or fewer insurance companies issuing the Policies) or (2) at least sixty percent (60%) of the coverage (if there are five (5) or more insurance companies issuing the Policies) and eighty percent (80%) of the first layer of such insurance coverage are provided by insurance companies having a claims paying ability rating of “A” or better by S&P or “A2” by Moody’s. The remaining twenty-five pe
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of July 22, 2014 Fixed Rate Mortgage Loans Series 2014-C21Mortgage Loan Purchase Agreement • July 22nd, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C21 • Asset-backed securities • New York
The Mortgage Loan documents do not require Liberty Mutual Insurance Company, Landmark American Insurance Company and Pennsylvania Manufacturers' Association Insurance Company to meet the minimum insurer rating requirements in the Mortgage Loan documents in connection with certain insurance policies maintained by the Mortgagor on the origination date. The replacement insurance policies obtained upon expiration of the current policies in December 2014 must be provided by insurers meeting the ratings requirements of the Mortgage Loan documents. 18 100 Cambridge Discovery Park (Loan No. 5) (Insurance) – The threshold at or above which lender has the right to hold and disburse insurance proceeds in respect of a property loss is 5% of the original principal amount of the related Mortgage Loan, rather than of the then outstanding principal amount. 18 Westminster Mall (Loan No. 6) and Charlottesville Fashion Square (Loan No. 16) (Insurance) – The deductible for the all-risk special form proper
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and STARWOOD MORTGAGE FUNDING II LLC, SELLER and STARWOOD MORTGAGE CAPITAL LLC MORTGAGE LOAN PURCHASE AGREEMENT Dated as of July 22, 2014 Fixed Rate Mortgage Loans Series 2014-C21Mortgage Loan Purchase Agreement • July 22nd, 2014 • JPMBB Commercial Mortgage Securities Trust 2014-C21 • Asset-backed securities • New York
Rep. No. on Annex D-1 Mortgage Loan and Number as Identified on Annex A-1 Description of Exception a separate Mortgaged Property. 38 NAL Building (Loan No. 44) (ARD Loans) – The Mortgage Loan is interest only for 12 months and may not substantially fully amortize over its stated term. The maturity date is not 60 months or more past the Anticipated Repayment Date. 39 2981 Third Avenue and 737 Flatbush Avenue (Loan No. 59) (Rent Rolls; Operating Histories) – The Mortgage Loan Seller has not obtained a Certified Operating History relating to the 737 Flatbush Avenue Mortgaged Property for 2011.
