46962 730Pilot Road To mitigate the potential of environmental liability, in lieu of an environmental indemnification by the borrower, a Pollution Legal Liability (PLL) environmental insurance policy was secured by the Borrower. There was no evidence...Schedule C to Mlpa • October 12th, 2006 • Bear Stearns Commercial Mortgage Securities Trust 2006-Pwr13 • Asset-backed securities
Contract Type FiledOctober 12th, 2006 Company Industry------------------------------------------------------------------------------------------------------------- REP NO. LOAN NO. LOAN NAME EXPLANATION ------------------------------------------------------------------------------------------------------------- 12 Environmental 46921 Advo Inc. To mitigate the potential of environmental liability, in lieu of an environmental indemnification by the borrower, a Pollution Legal Liability (PLL) environmental insurance policy was secured by the Borrower. There was no evidence of Recognized Environmental Conditions at the property. Bear Stearns Commercial Mortgage, Inc. and its successors and assigns is named as "additional insured" on the PLL Policy. The limit of liability on this PLL Policy is $6,275,000, with a $50,000 deductible. The PLL Policy will remain in effect during the loan term of 10 years.