SUBSERVICING AGREEMENT
THIS
SUBSERVICING AGREEMENT (as it may be further amended, supplemented or
"Agreement":
This Subservicing Agreement, as amended, modified, supplemented or
restated by
Not
later than 2:00 p.m. (New York City time) one (1) Business Day after
each
Each
month by 2:00 p.m. (New York City time) on the Subservicer Remittance
Date, the
reporting
requirements of the Exchange Act, the Subservicer shall, no later than
noon (New York
City time) on the first (1st) Business Day after the occurrence or a Reportable Event requiring
City time) on the first (1st) Business Day after the occurrence or a Reportable Event requiring
remitted
by the Subservicer pursuant to and in accordance with this Agreement,
which failure
continues unremedied until 6:00 p.m. (New York City time) on the date such remittance is due;
provided that to the extent the Subservicer does not timely make remittances, the Subservicer
shall pay to KRECM interest on any amount not timely remitted at the prime rate from and
including the applicable required remittance date to but not including the date such remittance is
actually made; or
continues unremedied until 6:00 p.m. (New York City time) on the date such remittance is due;
provided that to the extent the Subservicer does not timely make remittances, the Subservicer
shall pay to KRECM interest on any amount not timely remitted at the prime rate from and
including the applicable required remittance date to but not including the date such remittance is
actually made; or
with
respect to any CMBS Transactions, Exhibit A to this
Agreement shall be amended to reflect the
same and in connection with any transfer of its master servicing rights KRECM shall cause any successor
master servicer to execute a subservicing agreement substantially similar to this Agreement, which will
not materially alter the obligations, rights and remedies, nor the Subservicer's compensation, as set forth
in this Agreement.
same and in connection with any transfer of its master servicing rights KRECM shall cause any successor
master servicer to execute a subservicing agreement substantially similar to this Agreement, which will
not materially alter the obligations, rights and remedies, nor the Subservicer's compensation, as set forth
in this Agreement.
Note
general condition of fixtures and appliances (obsolete, functioning
properly, fairly new, etc).
EXHIBIT D
TAX, INSURANCE, UCC, AND LETTER OF CREDIT CERTIFICATION
QUARTERLY TAX MONITORING REPORT
[INSERT DEAL NAME]
TAX, INSURANCE, UCC, AND LETTER OF CREDIT CERTIFICATION
QUARTERLY TAX MONITORING REPORT
[INSERT DEAL NAME]
with
the PSA, Subservicing Agreement, and standard servicing practices on
the individual properties which are securing mortgage loans held by the
securitization known as (for example: [INSERT DEAL NAME]), which
are sub serviced by
the undersigned on behalf of KeyCorp Real Estate Capital Markets, Inc. The undersigned further certifies that no UCC financing statement has expired without a continuation being filed other than stated above
are sub serviced by
the undersigned on behalf of KeyCorp Real Estate Capital Markets, Inc. The undersigned further certifies that no UCC financing statement has expired without a continuation being filed other than stated above
liability
company, as subservicer (the "Subservicer")
under that certain subservicing agreement dated and
effective as of [_____________, 2012] (the "Subservicing Agreement") between Subservicer and
KeyCorp Real Estate Capital Markets, Inc. ("KRECM") whereby the Subservicer agreed to perform
certain of KRECM's servicing responsibilities under that certain pooling and servicing agreement dated
as of [_____________] (the "Pooling and Servicing Agreement") among [LIST THE PARTIES TO THE
PSA], on behalf of Subservicer, certify to [Name of Certifying Person(s) for ▇▇▇▇▇▇▇▇-▇▇▇▇▇
Certification], KRECM, the Trustee, the Depositor and their respective officers, directors and affiliates,
and with the knowledge and intent that they will rely upon this certification, that:
effective as of [_____________, 2012] (the "Subservicing Agreement") between Subservicer and
KeyCorp Real Estate Capital Markets, Inc. ("KRECM") whereby the Subservicer agreed to perform
certain of KRECM's servicing responsibilities under that certain pooling and servicing agreement dated
as of [_____________] (the "Pooling and Servicing Agreement") among [LIST THE PARTIES TO THE
PSA], on behalf of Subservicer, certify to [Name of Certifying Person(s) for ▇▇▇▇▇▇▇▇-▇▇▇▇▇
Certification], KRECM, the Trustee, the Depositor and their respective officers, directors and affiliates,
and with the knowledge and intent that they will rely upon this certification, that: