ACKNOWLEDGMENT OF REPLACEMENT SPECIAL SERVICER March 15, 2024
ACKNOWLEDGMENT OF REPLACEMENT SPECIAL SERVICER
March 15, 2024
To the Persons on the Attached Schedule A
Ladies and Gentlemen:
Reference is made to (i) the Pooling and Servicing Agreement dated as of September 1, 2016 (the “Agreement”), among X.X. Xxxxxx Xxxxx Commercial Mortgage Securities Corp., as Depositor, Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer, Torchlight Loan Services, LLC, as Special Servicer (“Torchlight”), Xxxxx Fargo Bank, National Association, as Certificate Administrator and Trustee, and Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer, relating to the JPMCC Commercial Mortgage Securities Trust 2016-JP3, Commercial Mortgage Pass-Through Certificates Series 2016-JP3, (ii) the Co-Lender Agreement, dated September 30, 2016 (the “1 Xxxxxx Plaza Co-Lender Agreement”), by and between JPMorgan Chase Bank, National Association, as Initial Note A-1 Holder and JPMorgan Chase Bank, National Association, as Initial Note A-2 Holder, (iii) the Co-Lender Agreement, dated September 30, 2016 (the “Salesforce Tower Co-Lender Agreement”), by and between JPMorgan Chase Bank, National Association, as Initial Note A-1 Holder and JPMorgan Chase Bank, National Association, as Initial Note A-2 Holder, (iv) the Co-Lender Agreement, dated August 26, 2016 (the “National Business Park Co-Lender Agreement”), by and between Starwood Mortgage Funding VI LLC, as Initial Note A-1 Holder and Starwood Mortgage Funding V LLC, as Initial Note A-2 Holder, (v) the Co-Lender Agreement, dated September 7, 2016 (the “Hillside Industrial Co-Lender Agreement”), by and between The Bank of New York Mellon, as Initial Note A-1 Holder and The Bank of New York Mellon, as Initial Note A-2 Holder and (vi) the Amended and Restated Co-Lender Agreement, dated July 29, 2016 (the “Embassy Suites Lake Buena Vista Co-Lender Agreement” and together with the 1 Xxxxxx Plaza Co-Lender Agreement, the Salesforce Tower Co-Lender Agreement, the National Business Park Co-Lender Agreement and the Hillside Industrial Co-Lender Agreement, the “Co-Lender Agreements”), by and between Starwood Mortgage Funding VI LLC, as Note A-1-A Holder, Starwood Mortgage Funding V LLC, as Note A-1-B Holder and Deutsche Bank Trust Company Americas, on behalf of the Registered Holders of Citigroup Commercial Mortgage Trust 2016-C1, Commercial Mortgage Pass-Through Certificates, Series 2016-C1, as Note A-2 Holder. Capitalized terms used herein that are not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement. Pursuant to Section 7.01(d) and Section 7.02 of the Agreement, the Directing Certificateholder has removed Torchlight and has appointed KeyBank National Association (“KeyBank”) to serve as successor Special Servicer under the Agreement. The foregoing shall not apply to any Non-Serviced Mortgage Loan or any Serviced AB Whole Loan.
The undersigned hereby agrees with all the other parties to the Agreement that, effective as of the date of this Acknowledgment of Replacement of Special Servicer (the “Acknowledgment”), the undersigned shall serve as Special Servicer under the Agreement and assumes all of the responsibilities, duties and liabilities of the Special Servicer under the Agreement. The undersigned hereby acknowledges and agrees that it is and shall be a party to the Agreement and bound thereby to the full extent indicated in
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the Agreement in the capacity of Special Servicer. The undersigned hereby, as of the date of this Acknowledgment,
The following is notice information for KeyBank as Special Servicer under the Agreement:
KeyBank National Association
JPMCC 2016-JP3 – Acknowledgment of Special Servicer
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00000 Xxxxxxx Xxxxxx, Xxxxx 000
Xxxxxxxx Xxxx, Xxxxxx 00000
Attention: Xxxx Xxxxxxx
Xxxxxxxxx: (000) 000-0000
Email: xxxxxxx_xxxxxxx@xxxxxxx.xxx
with a copy to:
Polsinelli
000 Xxxx 00xx Xxxxx, Xxxxx 000
Xxxxxx Xxxx, Xxxxxxxx 00000
Attention: Xxxxx Xxxxxxx
Facsimile: (000) 000-0000
Email: xxxxxxxx@xxxxxxxxxx.xxx
[SIGNATURE PAGE TO FOLLOW.]
JPMCC 2016-JP3 – Acknowledgment of Special Servicer
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KEYBANK NATIONAL ASSOCIATION
By: /s/ Xxxx Xxxxxxx
Name: Xxxx Xxxxxxx
Title: Senior Vice President
JPMCC 2016-JP3 – Acknowledgment of Special Servicer
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Exhibit A
DEPOSITOR:
000 Xxxxxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxxxx: Xxxxx X. Singh Email: XX_XXXX_Xxxxxx@xxxxxxxx.xxx
With a copy to:
X.X. Xxxxxx Xxxxx Commercial Mortgage Securities Corp. 000 Xxxxxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxxxx: SPG Legal Email: XX_XXXX_Xxxxxx@xxxxxxxx.xxx
With additional copies to:
Cadwalader, Xxxxxxxxxx & Xxxx LLP 200 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxxxx: Xxxx Xxxxxxxxx, Xxx. Xxxxx: xxxx.xxxxxxxxx@xxx.xxx XXXXXXXXXXX ADMINISTRATOR AND TRUSTEE:
Xxxxx Fargo Bank, N.A. c/o Computershare Trust Company, National Association, as agent 9062 Old Annapolis Road Columbia, Maryland 21045-1951 Attention: Corporate Trust Services (CMBS) – JPMCC 2016-JP3
with a copy to be sent contemporaneously via email to: xxx.xxxx.xxxx.xxxxx@xxxxxxxxxxxxx.xxx; xxxxxxxxxxxxxxxxxxxxxxxx@xxxxxxxxxxxxx.xxx XXXXXXXXX ADVISOR:
Pentalpha Surveillance, LLC 375 X. Xxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxx Xxxx 00000 Xxxxx: xxxxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx
with a copy to:
Bass, Xxxxx & Xxxx PLC |
MASTER SERVICER:
Midland Loan Services, a Division of PNC Bank, National Association 10851 Xxxxxx Xxxxxx, Xxxxx 000 Xxxxxxxx Xxxx, Xxxxxx 00000 Xxxxxxxxx: Executive Vice President – Division head
with a copy to:
Xxxxxxx Xxxxxxx Street LLP XXXXXXX SERVICER:
Torchlight Loan Services, LLC 475 Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxxxx: Xxxxx Xxxxxxxxxx – JPMCC 2016-JP3 Email: xxxxxxxxxxx@xxxxxxxxxxxxxxxxxxx.xxx
with a copy to:
Torchlight Loan Services, LLC 475 Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxxxx: Xxxxx X. X. Xxxxx – JPMCC 2016-JP3 Email: xxxxxx@xxxxxxxxxxxxxxxxxxx.xxx
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JPMCC 2016-JP3 – Acknowledgment of Special Servicer
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