1,006,068,000 (approximate) JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2013-C14 Commercial Mortgage Pass-Through Certificates, Series 2013-C14 Class A-1, Class A-2, Class A-3, Class A-4, Class A-SB, Class X-A, Class A-S, Class B & Class C Underwriting...Underwriting Agreement • August 15th, 2013 • JPMBB Commercial Mortgage Securities Trust 2013-C14 • Asset-backed securities • New York
and as certificate administrator (in such capacity, the “Certificate Administrator”) and Pentalpha Surveillance 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., Depositor MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION, Master Servicer MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION, Special Servicer WELLS FARGO...Pooling and Servicing Agreement • August 15th, 2013 • JPMBB Commercial Mortgage Securities Trust 2013-C14 • Asset-backed securities • New York
This Pooling and Servicing Agreement is dated and effective as of August 1, 2013, among J.P. Morgan Chase Commercial Mortgage Securities Corp., as Depositor, Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer and as Special Servicer, Wells Fargo Bank, National Association, as Certificate Administrator, Wells Fargo Bank, National Association, as Trustee, and Pentalpha Surveillance LLC, as Senior Trust Advisor.
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and BARCLAYS BANK PLC, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of August 19, 2013 Fixed Rate Mortgage Loans Series 2013-C14Mortgage Loan Purchase Agreement • August 15th, 2013 • JPMBB Commercial Mortgage Securities Trust 2013-C14 • Asset-backed securities • New York
provides the tenant with a right of first refusal to purchase the premises at the end of the lease term in 2036; (vii) The lease agreement with Art Van Furniture, the tenant of a portion of the Mortgaged Property in Bedford Park, IL, provides the tenant with a right of first offer to enter into a lease in the space adjacent to its current premises; and (viii) The lease agreement with CVS, the tenant of a portion of the Mortgaged Property in River Oaks, TX, provides the tenant with a right to substitute the premises demised under its lease with another CVS located in the same state provided the tenant obtains the consent of the Mortgagor and the lender. 7 Sand Creek Crossing (Loan No. 9) (Lien, Valid Assignment) The lease agreement with Raley’s, the tenant of a portion of the Mortgaged Property, provides Raley’s with a right of first offer to purchase the premises demised under its lease in the event that that portion of the Mortgaged Property is to be sold separate and apart from the r
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,Mortgage Loan Purchase Agreement • August 15th, 2013 • JPMBB Commercial Mortgage Securities Trust 2013-C14 • Asset-backed securities • New York
the Mortgagor), provided that certain conditions are satisfied, which conditions include (but are not limited to) the following: (i) no event of default; (ii) the value of the equity in the related Mortgaged Property which is pledged as collateral will constitute no more than 15% of the total value of the assets securing such financing; and (iii) the exercise of the mezzanine lender’s remedies will not result in a prohibited change of control under the Mortgage Loan documents. 9 Texas Industrial Portfolio (Loan No. 6) (Junior Liens) – There is a mezzanine loan in the amount of $7,418,500, which is currently held by JPMorgan Chase Bank, National Association and which is expected to be sold to a third party investor. In connection with the mezzanine loan, the Mortgage Loan Seller and the mezzanine lender are negotiating an intercreditor agreement. 9 Copper Creek Portfolio (Loan No. 11) (Junior Liens) – There is a mezzanine loan in the amount of $6,000,000, which is currently held by JPMo
