GS MORTGAGE SECURITIES CORPORATION II, PURCHASER and STARWOOD MORTGAGE FUNDING I LLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of July 1, 2013 Series 2013-GC13Mortgage Loan Purchase Agreement • July 31st, 2013 • GS Mortgage Securities Trust 2013-Gc13 • Asset-backed securities • New York
Representation Number on Annex E-1 Mortgage Loan Name and Number as Identified on Annex A Description of Exception (27) Mortgage Releases Rockwall Commons Apartments (No. 11) Rockwall Commons Office (No. 12) The Mortgage Loans are cross-collateralized and cross-defaulted with one another pursuant to a Cross-Default, Cross-Collateralization and Contribution Agreement (the “Cross Agreement”), which Cross Agreement is included in each of the related Mortgage Files. In connection with the sale of either Mortgaged Property and the defeasance or assumption of the applicable Mortgage Loan the Cross Agreement contains certain release provisions which require the following conditions, among others, to be satisfied with respect to the Rockwall Commons Office Mortgage Loan: (i) a minimum debt yield of eleven percent (11%) , as determined by the lender in its sole and absolute discretion, (ii) a maximum loan-to-value ratio of seventy percent (70%) based upon a new appraisal obtained at the time o
GS MORTGAGE SECURITIES CORPORATION II,Mortgage Loan Purchase Agreement • July 31st, 2013 • GS Mortgage Securities Trust 2013-Gc13 • 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.
