J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and GERMAN AMERICAN CAPITAL CORPORATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of February 1, 2022 Fixed Rate Mortgage Loans Series 2022-B32Mortgage Loan Purchase Agreement • February 16th, 2022 • Benchmark 2022-B32 Mortgage Trust • Asset-backed securities • New York
the Borrower so long as a preapproved control party will own/control such Borrower after foreclosure and so long as the permitted transfer provisions of the loan agreement and recognition agreement are satisfied, (y) to allow the Novo Seller to purchase the Mortgage Loan upon notice to the Novo Seller that an event of default under the Mortgage Loan is continuing (for payment of the full outstanding amount of the debt, including all default interest, fees and expenses) and (z) to accept payment of the monthly interest payment or any other payment obligation by the Novo Seller (as and when such payment is due and payable by the borrower) but no more than two times during the term of the Mortgage Loan.
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., PURCHASER, and GERMAN AMERICAN CAPITAL CORPORATION, SELLER MORTGAGE LOAN PURCHASE AGREEMENT Dated as of June 30, 2020 Fixed Rate Mortgage LoansMortgage Loan Purchase Agreement • June 30th, 2020 • JPMDB Commercial Mortgage Securities Trust 2020-Cor7 • Asset-backed securities • New York
such Mortgaged Property constitutes a unit (the “Condominium Association”). The Borrower will not be required to maintain the insurance maintained by the Condominium Association, but will be required to maintain any insurance required by the related Mortgage Loan agreement and not maintained by the Condominium Association (which may be maintained as “excess and contingent” coverage to the extent the Condominium Association maintains a portion of such coverage). The general liability insurance policy held by the Condominium Association on the common elements of the condominium does not name the lender under the Mortgage Loan and its successors and assigns as an additional insured. The building property insurance policy held by the Condominium Association does not provide that the lender will receive a notice of cancellation. In addition, any insurance proceeds following a casualty are payable to the condominium board as insurance trustee under the condominium documents, and will not be