Attached files
![]() |
Commercial Mortgage Servicing |
P.O. Box 3138B, Oakland, CA 94604 1901Harrison St, 2nd Floor Oakland, CA 94612
Tel: 800 986 9711 |
Management’s Assessment
Management of Wells Fargo Commercial Mortgage Servicing, a division of Wells Fargo Bank, National Association, (the “Company”) is responsible for assessing compliance with the applicable servicing criteria set forth in Item 1122(d) of Regulation AB of the Securities and Exchange Commission relating to the servicing of commercial loans (the “Platform”), except for servicing criteria 1122(d)(l)(iii), 1122(d)(3)(i)(B-D), 1122(d)(3)(ii-iv), and 1122(d)(4)(xv), which the Company has determined are not applicable to the activities it performs with respect to the Platform, as of and for the year ended December 31, 2014. Appendix A to this letter identifies the commercial mortgage pools and other structures involving the commercial loans constituting the Platform. Appendix B to this letter identifies the applicable servicing criteria with respect to the Platform.
With respect to servicing criteria 1122(d)(4)(xi) and 1122(d)(4)(xii), the Company performs applicable activities covered by these criteria, with respect to the Platform; except the Company has engaged various vendors to perform certain tax payment activities. Such vendors have provided separate Regulation AB Item 1122 management assessments and attestations for such activities.
With respect to applicable servicing criterion 1122(d)(4)(iii), there were no activities performed during the year ended December 31, 2014 with respect to the Platform, because there were no occurrences of events that would require the Company to perform such activities.
With respect to servicing criteria 1122(d)(1)(i), 1122(d)(3)(i)(A), 1122(d)(4)(i), and 1122(d)(4)(vi), the Company has engaged various vendors to perform the activities required by these servicing criteria. The Company’s management has determined that none of these vendors is considered a “servicer” as defined in Item 1101(j) of Regulation AB and the Company’s management has elected to take responsibility for assessing compliance with the servicing criteria applicable to each vendor as permitted by the SEC’s Compliance and Disclosure Interpretation (“C&DI”) 200.06, Vendors Engaged by Servicers (C&DI 200.06) (formerly SEC Manual Telephone Interpretation 17.06). The Company has policies and procedures in place designed to provide reasonable assurance that the vendors' activities comply in all material respects with the servicing criteria applicable to each vendor. The Company’s management is solely responsible for determining that it meets the SEC requirements to apply C&DI 200.06 for the vendors and related criteria.
The Company’s management has assessed the Company’s compliance with the applicable servicing criteria as of and for the year ended December 31, 2014. In making this assessment, management used the criteria set forth by the Securities and Exchange Commission in paragraph (d) of Item 1122 of Regulation AB. Based on such assessment, management believes that, as of and for the year ended December 31, 2014, the Company has complied in all material respects with the servicing criteria set forth in Item 1122(d) of Regulation AB of the Securities and Exchange Commission relating to the servicing of the Platform.
KPMG LLP, an independent registered public accounting firm, has issued an attestation report with respect to management’s assessment of compliance with the applicable servicing criteria as of and for the year ended December 31, 2014.
March 6, 2015
/s/ Daniel E. Bober
Daniel E. Bober
Executive Vice President,
Commercial Mortgage Servicing
Wells Fargo Bank, National Association
APPENDIX A
COMMERCIAL MORTGAGE POOLS AND OTHER STRUCTURES
GOLDMAN SACHS 2005-ROCK | BHMS 2014-ATLS | DOLLAR GENERAL |
TIMES SQUARE HOTEL TRUST | BB-UBS 2012-SHOW | DLJ 1999-CG2 |
BB-UBS 2012-TFT | GSMS 2012-BWTR | GREENWICH CM 2003-C2 |
BB 2013-TYSN | GREENWICH CCFC 2003C1 | COMM 2013-THL |
DLJ 1999-CG1 | GSMS 2012-SHOP | DLJ 1999-CG3 |
MS06TOP23 | PCMT03PWR1 | DLJ 1998-CG1 |
BSC03PWR2 | BSCM06TOP24 | BSC05PWR8 |
MS05TOP19 | MSCI06TOP21 (NONPOOLED) | MS06TOP21 |
BSC04PWR3 | BSC04PWR4 | BSC05PWR7 |
MS07TOP25 | BSCM04TOP14 | BSC04PWR6 |
BSCM06TOP22 | BSCMS05TOP20 | BSC04PWR5 |
BSCM05TOP20 (NONPOOLED) | BA-FUNB 2001-3 | BSCM07TOP26 |
BSC06PWRI1 | BSC06PWRI3 | BSC06PWRI2 |
BSC07PWR15 | BSC05PWR10 | BSC05PWR9 |
ML 1997-C2 | BSC06PWR14 | BACM2005-6 |
MSDW03HQ2 | BANC OF AMERICA COMM MTG 2006-1 | BANC OF AMERICA COMM MTG 2005-6 |
BANC OF AMERICA COMM MTG 2006-5 | MLMT 2005-CK11 | BANC OF AMERICA COMM MTG 2007-3 |
BANC OF AMERICA COMM MTG 2006-2 | GECMC 2007-C1 | GREENWICH CCFC 2007-GG11 |
JPMC 2003 CIBC6 | GECC 200I-3 | JPMC 2002 C2 |
ML-CFC 2006-1 | GREENWICH CCFC 2007-009 | CGCMT 2013-GC17 |
DBUBS 2011-LC2 | DBUBS 2011- LC3 | CGCMT 2014-GC21 |
COMM 2014-CCRE20 | COMM 2014-277P | CITIGROUP 2007-C6 |
MLMT 2006-C2 | COMM 2014-CCRE14 | COMM 2013-CCRE12 |
MS03TOP11 | GSMS 2013-GC10 | CIT1GROUP 2013-GCJ11 |
GSMS 2012-GCJ9 | GSMS 2010-C2 | GSMS 2011-GC3 |
JPMC 2003-C1 | ML-CFC 2006-2 | GREENWICH CCFC 2005-GG5 |
GSMS 2013-GC13 | GSMS 2014-GC18 | COMM 2014-UBS5 |
GRACE 2014-GRCE | GSMS 2012-ALOHA | CITIGROUP 2012-GC8 |
GSMS 2012-TMSQ | GE 2006 C1 | JPMC 2003 ML1 |
GOLDMAN 2006-GG8 | CGCMT 2013-GC15 | GECC 2002-3 |
MLMT06C1 | JPM06CIBCI5 | MS04TOP15 |
JPM07CIBCI9 | JPM06CIBC17 | GSMSC04GG2 |
MLCFC064 | COMM 2013-CCRE6 | GOLDMAN 2006-GG6 |
COMM 2013-CCRE13 | COMM 2014-LC17 | COMM 2014-LC15 |
COMM 2014-UB6 PRIMARY ONLY | JPMC 2002 CIBC5 | GE 2002 C2 |
GSMS2013-GCJ14 | CGCMT 2014-GC19 | CGCMT 2014-GC25 |
GECC 2002-1 | WFLD 2014-MONT | GSMS 2013-GCJ16 |
GSMS 2014-GC22 | DBCCRE-2014-ARCP | MS05TOPI7 |
MSDW03TOP9 | BSCM03TOP12 | BAMLL 2013-WBRK |
COMM 2013-WWP | BWAY 2013-1515 | COMM 2014-CCRE15 PRIMARY |
TMSQ 2014-1500 | JPMCC 2014-DSTY | JPM08C2 |
BSCM03TOP10 | BSCM04TOP16 | GECMC 2004 C2 |
GSMSC 2010-C1 | JPMC 2002 C1 | COMM 2012-LC4 |
UBS 2012-C1 | GREENWICH CCFC 2004-GG1 | GOLDMAN 2007-GG10 |
GSMS 2012-GCJ7 | CITIGROUP 2013-375P | GSMS 2014-GC26 |
COMM 2013-CCRE10 | UBS-BARCLAYS 2012-C4 | COMM 2010-C1 |
UBS-CITIGROUP 2011-C1 | BSCM05TOP18 | MS04TOP13 |
GSMS 2013-KING | UBS-BARCLAYS 2012-C2 | GSMS 2011-GC5 |
GSMS 2013-GCJ12 | COMM 2014-UBS3 | DRUBS 2011-LC1 |
COMM 2012-9W57 | GMAC 2003-C2 | JPM6LDP9 |
JPM05LDP3 | GCCFC 2005-GG3 | MSCI 2003-IQ4 |
1345FB2005 | NORTEL NETWORKS TRUST 2001-1 | MSC05HQ6 |
MSCI04HQ3 | MS07TOP27 AW34 (NONPOOLED) | MS07TOP27 |
BSC07PWR18 | CD 2007-CD4 | MSC 2014-MP |
BSC07PWR16 | BSC07PWR17 | QCMT13QC |
GREENWICH CCFC 2002 C1 | MS08TOP29 | COMM 2014-KYO |
BSCM07TOP28 | RBSCF 2013-SMV | BEAR 1999-C1 |
MSCI2007IQ16 | DMARC 1998-C1 | MSC06HQ10 |
MSC05HQ7 | MSC04HQ4 | MSCI06HQ9 |
MSCI06HQ8 | MSC07HQ12 | MS01TOP1 |
MLCFC07-9 | MSC07IQ13 | MSCI03IQ6 |
FUNB 2001 C4 | FUNB 2001 C2 | MERRILL LYNCH 2008-C1 |
ML-CFC 2007-7 | BSC00WF2 | MSCI05IQ9 |
MLCFC07-6 | MSD018TP3 | MLCFC07-5 |
MDC02TP7 | BSCM02TOP8 | BS01TOP2 |
MLCFC07-8 | MSC07IQ14 | BSC01TP4 |
MSC07IQ16 | MSC06IQ11 | MSCT04IQ7 |
CITIGROUP 2013-SMP | COMM 2013-SFS | BSC00WF1 |
MSCI04IQ8 | MLMT07C1 | MDC01TP5 |
BSC99WF2 | COUNTRYWIDE 2007-MF1 | ML-CFC 2007-6 |
BSC02TP6 | MLMT 2002 MW1 | LB 1999 C1 |
LB 1999 C2 | SRPT 2014-STAR | LB 1998 C4 |
SCG 2013-SRP1 | COMMUNITY SOUTH BANK PORTFOLIO | JPMC 2005 LDP I |
1999-LlFE1 | MSC99WF1 | MSC98WF2 |
WACHOVIA 2003-C4 | WACHOV1A 2003 C3 | CGCMT 2014-388G |
BAMLL 2014-IP | WACHOVIA 2002 C1 | JPMCC 2007-LDP11 |
RBSCF 2013-GSP | WACHOVIA 2003-C5 | FUNB99C1 |
MSC 2014-CPT | COMM 2013-FL3 | BAMLL 2014-8SPR |
AMERICOLD 2010-ART | FUNB 2001 C3 | CGWF 2013-RKWH |
CGBAM.2013-BREH | BAMLL 2014-ICTS | WACHOV1A 2003-C7 |
JPMC 2006-LDP7 | BAMLL 2014-INLD | MS2000LIFE1 |
JPMC03LN1 | LCCM 2014-909 | JPM2006LDP8 |
BAMLL 2013-DSNY | ONE LINCOLN 2004-C3 | JPMC 2005-LDP2 |
VNO 2012-6AVE | JPMCC 2007-LDP10 | JPMC 2001 CIBC3 |
VDNO 2013-PENN | CSMC 2014-USA | JPM2007LDPI2 |
BBCMS. 2014-BXO | BAMLL 2014-520M | COMM 2014-BBG |
CGRBS 201.3-VNO5TH | LCCM2013GCP | WACHOVIA.2003-C6 |
COMM 2014-PAT | CGBAM 2014-HD | BLCP 2014-CLRN |
ENERGY PLAZA LEASE TRUST 2002 | WFCM 20I4-TISH | CD 2007-CD5 |
WACHOVIA 2002 C2 | ML 1998-C3 | JPMC 2006-LDP9 |
JPMC 2006 FL2 | COMM 2014-FL4 | JPMCC 2014-FL5 |
COMM 2014-FL5 | JPMC 2011-PLSD | 7 WORLD TRADE CENTER 2012- WTC |
FULB 1997 C2 | JPMC 2013-ALC | 3 WORLD TRADE CENTER 2014 |
BAWL 2014-FL1 | BAMLL 2014-INLD MZ B | BACM2007-1 |
MSDWMC OWNER TRUST 2000-F1 | JP MORGAN CB 2003-C1BC7 | 1166 AVENUE OF AMERICAS 2005-C6 |
FREMF 2012-K705 - PRIMARY ONLY | FREMF 2013-KS0I PRIMARY | FOUR TIMES SQUARE 2006 - 4TS |
FREMF 2014 K39 PRIMARY | FREMF 2014 K37 (PRIMARY) | CSF99C01 |
COMM07FL14 | COMM07FL14 (NONPOOLED) | GOLDMAN 2010-K5 - PRIMARY ONLY |
FREMF 2012-K709 - PRIMARY ONLY | FREMF 2011-K14 PRIMARY ONLY | FREMF 2013 KF02 PRIMARY ONLY |
FREMF 2013-K24 (PRIMARY ONLY) | CHASE-FUNB 1999-1 | FREMF 2014-K38 PRIMARY |
FREMF 2013-K502 - PRIMARY ONLY | FREMF 2013-K712 PRIMARY ONLY | FREMF 2014-KX01 (PRIMARY) |
FREMP 2012-KF01 PRIMARY ONLY | FREMF 2012-K710 PRIMARY ONLY | FREMF 2011-K10 – PRIMARY ONLY |
FREMF 2011 K12 PRIMARY ONLY | FREMF 2014 KF03 (PRIMARY) | FREMF 2012 - K19 PRIMARY ONLY |
COMM 2009-K4 PRIMARY | FREMF 2012-K501 - PRIMARY ONLY | FREMF 2012422 (PRIMARY ONLY) |
LB UBS 2004 C6 | WACHOVIA 2007-C33 | LB-UBS 2007-C7 |
WFRBS 2011-C3 | WACHOVIA 2006-C29 | FREMF 2012-K18 - PRIMARY ONLY |
COMM 2012-CCRE1 | COMM 2012-CCRE2 | FREMF 2013 K32 PRIMARY ONLY |
LB UBS 2002 C7 | LB-UBS 2003-C3 | WACHOV1A 2004-C12 |
WACHOVIA 2005-C16 | FUNB 1999 C4 | WACHOVIA 2006-C26 |
LB UBS 2006-C4 | CSCMT 2007-C3 | COBALT 2007- C3 |
MORGAN STANLEY 2007-HQ13 | COBALT 2007-C2 | LB UBS 2002 C1 |
CITIOROUP 2005 C3 | WACHOVIA 2005-C22 | TIAA 2007--C4 |
LB UBS 2006-C7 | IRVINE CORE OFFICE TRUST 2013-IRV | WFCM 2014-LC16 |
WFRBS 2014-C22 | LBUBS05C2 | WFRBS 2012-C7 |
JPMCC-2012-C6 | WFRBS 2012-C8 | MSBAM 2013-C11 |
WACHOVIA 2005-C19 | LB UBS 2004 C1 | CS FIRST BOSTON 1998 C2 |
CITIGROUP 2006 C5 | WACHOVIA 2004 C15 | LB UBS 2003 C8. |
CSCMC 2007-C4 | CHASE 2000-3 | FREMF 2010-K6 PRIMARY ONLY |
FREMF 2011-KAIV PRIMARY ONLY | WACHOVIA 2003 C17 | LB-UBS 2005 C7 |
CSFB 2006-C2 | LB-UBS 2006 C3 | MSBAM 2014-C15 |
COMM 2012-CCRE4 | GECC 2000-1 | WACHOVIA 2007-WHALE 8 |
CD 2006-CD3 | MORGAN STANLEY 2011-C3 | FUNB-BA 2001 C1 |
WACHOVIA 2006-C24 | FREMF 2012-K17 PRIMARY AND SPECIAL | WACHOVIA 2003-C8 |
LB-UBS 2003-C1 | LB UBS 2004 C7 | LB-UBS 2005 C5 |
WFRBS 2011-C5 | WACHOVIA 2006-C25 | WACHOVIA 2007-C34 |
WFRBS 2013-C14 | JPMC 2014-C20 | WFRBS 2014-C20 |
WFRBS 2013-C12 | WFCM10C1 | WFRBS 2014-LC14 |
WFRBS 2013-C16 | JPMBB 2014-C25 | MSBAM 2013-C8 |
JPMBB 2013-C17 | JPMBB 2014-C21 | WFRBS 2013-C15 |
JPMCC 2013-C16 | WFRBS 2014-C21 | LB-UBS 2003 C5 |
LB UBS 2004 C4 | LB UBS 2005 C1 | WACHOVIA 2004 C10 |
VORNADO DP LLC 2010-VNO | CSCMT 2007-C2 | COMM 2012-CCRE3 |
LB UBS 2001 C3 | WACHOVIA 2005-C20 | WACHOVIA 2007-C32 |
WACHOVIA 2007-C31 | WACHOV1A 2006-C27 | WACHOVIA 2006-C28 |
CHASE 1999-2 | MSBAM 2014-C19 | WACHOVIA 2004 C14 |
WFRBS 2012-C9 | WFRBS 2012-C6 | WFRBS 2012-C10 |
WFCM 2013-LC12 | WFRBS 2013-C13 | JPMBB 2013-C15 |
WFRBS 2014-C19 | WFRBS 20.14-C24 | LBUBS05C3 |
WFRBS 2013-UBS1 | JPMBB 2014-C24 | WFCM 2013-BTC |
WFRBS 2013-C11 | WFRBS11C4 | WFRBS 2013-C18 |
WFRBS 2014-C23 | WFRBS 2014-C25 | WFRBS11C2 |
RBS 2010-MB1 | WACHOVIA 2003-C9 | WACHOV1A 2004 C11 |
1166 AVENUE OF THE AMERICAS 2002-C5 | CD 2006-CD2 | JPMC 2012-CIBX |
WFCM 2012-LC5 | FREMF 2011-K16 - PRIMARY ONLY | MEZZ CAP 2004-C2 |
COBALT 2006-C1 | MEZZ CAP 2005-C3 | MERRILL LYNCH 1998 C2 |
LB-UBS 2007-C6 | MORGAN STANLEY BAML 2012-C6 | MSBAM 2014-C14 |
MSBAM 2013-C12 | MSBAM 2014-C17 | FREMF 2013-K35 (PRIMARY) |
FREMF 2013 K28 (PRIMARY) | CITY CENTER 2011-CCHP | MEZZ CAP 2004-C1 |
WACHOV1A 2005-C21 | LB UBS 2008-C1 | FUNB/CHASE 1999 C2 |
LB UBS 2006-C6 | ACRE 2013-FL1 | ACRE 2014-FL2 |
MEZZ CAP 2007-C5 | MEZZ CAP 2006-C4 | FREMF 2012-K21 - PRIMARY ONLY |
FREMF 2012-KP01 PRIMARY ONLY | FREMF 2013-K27 | WACHOVIA 2006-C23 |
LB-UBS 2006 C1 | WACHOVIA 2007-C30 | FUNB 2000 C2 |
MSBAM 2014-C16 | MSBAM 2014-C18 | WFRBS 2013-C17 |
WFCM 2014-LC18 | JPMBB 2014-C23 | JPMBB 2014-C22 |
LB UBS 2000 CS | WACHOVIA 2005-C18 | LB UBS 2004 C9 |
CITIGROUP CMT 2004 C1 | FUNB 2000 C1 | LB UBS 2002.C2 |
WACHOVIA 2006-WHALE 7 | C1TIGROUP 2006-FL2 | LB-UBS 2007-C2 |
NLY 2014-FL1 | RESOURCE 2013-CRE1 | PEP III 2014-1 |
RESOURCE 2014-CRE2 | MSBAM 2013-C13 | FREMF 2010-K7 |
FREMF 2010-K8 | FREMF 2014-KF06 PRIMARY | MERRILL LYNCH 1996 C2 |
FREMF 2014-K41 | FREMF 2011-K13 | COMM 2009-K3 |
FREMF 2010-K9 | FREMF 2011-K11 | FREMF 2014 K715 |
FREDDIE MAC 2010 K-SCT | FREMF 2011-K701 | FREMF 2011-K702 |
FREMF 2011-K703 | FREMF 2011-K15 | FREMF 2014-K717 PRIMARY |
FREMF 2013-K26 | CMAT 1999 CI | FREMF 2012-K707 |
FREMF 2014-K714 | FREMF 2013-K31 | FREMF 2013-K33 |
FRE'MF 2012-K711 | FREMF 2014-K36 | FREMF 2014-K40 |
FREMF 2014-K716 | FREMF 2011-K704 | FREMF 2014-KF04 |
FREMF 2012-K23 | FREMF 2013-K25 | FUME 2012-K20 |
FREMF 2012-K706 | FREMF 2013-K34 | FREMF 20I3 K30 MASTER |
FREMF 2013 K29 (MASTER) | FREMF 2014-KF05 | FREMF 2014 KS02 |
FREMF 2013 K713 | FREMF 2012-K708 | MORGAN STANLEY 2005-HQ5 |
OBP DEPOSITOR, LLC TRUST 2010-OBP | COMM 2012-MVP | GRAND PACIFIC BUSINESS LOAN TRUST 2005-1 |
WFCM 2013-I20B | 2001-CMLB-1 | MS2000PRIN |
NORTHSTAR 2013-1 (CLO) | BSB06001 | CREST 2003-2 |
CSFB94CFB1 | NS 2012-1 | UCB07-1 |
MAIDEN 2008-1 | REXFORD INDUSTRIAL FUND V LP WAREHOUSE | SOUND MARK HOR1ZONS FUND LP WAREHOUSE |
RESOURCE CAPITAL CORP. WAREHOUSE | SAS WAREHOUSE 2013 (H2) | PRIME FINANCE PARTNERS I, LP. |
H2 WAREHOUSE 2013 | JEMB MADISON AVE LLC (BASIS I - 292 MAD) | BROE WAREHOUSE |
SAF FUNDING, LLC | H2 CREDIT PARTNERS WAREHOUSE | YELLOW BRICK REAL ESTATE CAPITAL I, LLC |
LOANCORE (JEFFERIES) WAREHOUSE | JLC WAREHOUSE I LLC | JLC WAREHOUSE II LLC |
BICOASTAL (A BLACKSTONE CREDIT FACILITY) | FII DEBT ACCT PTE LTD | STARWOOD AND CITI REP |
STARWOOD & GOLDMAN REPO | BELVEDERE CAPITAL WAREHOUSE | BASIS RE CAPITAL II (REPO) |
MODERN BANK, N.A. | LADDER WELLS FARGO REPO | LADDER CAPITAL LLC REPO |
LADDER JPM REPO | LADDER DEUTSCHE REPO | RIALTO REPO WITH WF |
BANK OF AMERICA WAREHOUSE | RIALTO REPO W/ GS | TUEBOR WAREHOUSE (LADDER) |
RIALTO WAREHOUSE 2013 | GERMAN AMERICAN CAPITAL CORPORAT1ON WARE | KEARNY CREDIT FACILITY WAREHOUSE |
BARCLAYS WAREHOUSE | KGS-ALPHA REAL ESTATE | FORTRESS CREDIT CORP WAREHOUSE |
ROCKWOOD (375 PARK) WAREHOUSE | OWS I ACQUISITIONS, LLC WH | OWS COF I MASTER WH |
OWS CREDIT OPPORTUNITY I WH | ONE WILLIAM STREET CAP MASTER FUND WH | SRE FW MEZZ WAREHOUSE (RIDGMAR MEZZ) |
SINGERMAN (R1DGMAR MEZZ LOAN) | NXT CAPITAL FUNDING II, LLC | SPREF WH II WF REPO |
STARWOOD & DEUTSCHE REPO | LADDER MET LIFE REPO | PRIME FINANCE PARTNERS III, LP |
SILVERPEAK RE FINANCE LLC WAREHOUSE | GERMAN AMERICAN / DEUTSCHE WAREHOUSE | LONESTAR (RELIUS) WAREHOUSE 2013 |
SPREF WH I LLC (DEUTSCHE REPO) | JLC WAREHOUSE IV LLC (DEUTSCHE REPO) | WACHOVIA. GENERAL PARTICIPANT |
WACHOVIA GENERAL PARTICIPANT | PRIME FINANCE PARTNERS II, L.P. | RLJ III - FINANCE HOLDINGS, LLC |
TRT LENDING REPO WAREHOUSE | STARWOOD PROPERTY MORTGAGE LLC WAREHOUSE. | FORTRESS (CF TRANS HOLDCO LLC) WAREHOUSE |
TRT LENDING SUBSIDIARY LLC | ACM TRAFFORD V LLC WAREHOUSE | LONE STAR REPO WITH WELLS FARGO |
CITIGROUP GLOBAL MARKETS REALTY CORP | CREXUS WAREHOUSE. | WASHINGTON SUB, LLC |
STARWOOD MORTGAGE CAPITAL WAREHOUSE | ARCHETYPE & BARCLAYS REPO | MC FIVE MILE SPE B LLC (COLUMN REPO) |
FIVE MILE WAREHOUSE (GS) | STARWOOD CITI REPO SUB 6 | NRFC WAREHOUSE (SOHO HOUSE) |
PILLAR FUNDING LLC WAREHOUSE | PRIME REPO WITH U.S. BANK | PRIME REPO WITH METLIFE |
UBS WAREHOUSE | CF BRANCH WAREHOUSE | MKP CREDIT MASTER FUND MEZZANINE |
WESTIN TIME SQUARE MEZZANINE | WESTIN TIME SQUARE MEZZANINE 2 | BLACKSTONE SELECT HOTEL SR MEZZ |
NIBS REAL ESTATE CAP1TAL WAREHOUSE | LONESTAR REPO WITH CB | TEACHERS INSURANCE & ANNUITY ASSOCIATION |
STARWOOD PROPERTY MORTGAGE SUB-2, L.L.C. | ACCOR MEZZ WAREHOUSE | ALABAMASAVES WAREHOUSE |
CANTOR CRE LENDING LP | MACQUARIE WAREHOUSE | GCCP H- 1, LLC (GROSSMAN) |
MORGAN STANLEY | GACC/DEUTSCHE FLOATING WAREHOUSE | MKP CREDIT MASTER FUND WAREHOUSE |
BANCORP BANK WAREHOUSE | ROCKWOOD CAPITAL, LLC (NORTHROCK) | CAPITAL LEASE WAREHOUSE- 398 & 526 |
RAITH WAREHOUSE | BUCHANAN FUND V | BMC MORTGAGES VI |
BUCHANAN MORTGAGE CAPITAL | FIVE MILE WAREHOUSE | NRFC II REPO WAREHOUSE |
NORTHSTAR-DORAL WAREHOUSE (NRFC) | NORTHSTAR-DORAL WAREHOUSE (NSREIT) | NORTHSTAR-CITI REPO WAREHOUSE |
NRFC REPO WAREHOUSE | NORTHSTAR (CB LOAN NT- II,LLC) | SQUARE MILE/RAM ACQ, LLC |
CB REPO | ||
OWS ABS MASTER FUND II, LP | GOLDMAN SACHS WAREHOUSE | LVS II SPE III LLC (AFFILIATE OF PIMCO) |
TOCU II LLC (PIMCO ENTITY) | GS COMMERCIAL REAL ESTATE WAREHOUSE | PIMCO (GCCU I LLC) |
PIMCO (TOCU I LLC) | LIBREMAX WAREHOUSE. | ROC DEBT STRATEGY FUND MANAGER LLC |
BLACKSTONE (BRE/MWT) | RBS WAREHOUSE | GREENWICH CAPITAL FINANCIAL PRODUCTS INC |
JP MORGAN CHASE | PFP II SUB I, LLC | PRIME AND METLITE REPO |
RESOURCE CAPITAL REPO WAREHOUSE | BREDS LOAN CAPITAL REPO WAREHOUSE | BREDS LOAN CAPITAL IV REPO WAREHOUSE |
BREDS LOAN CAPITAL II REPO WAREHOUSE | MORGAN STANLEY | NORTHSTAR(NS HEALTHCARELOANHOLDING LLC) |
NS RE INCOME OPERATING PARTNESHIP II, LP | NORTHSTAR DB LOAN NT-II REPO | WFB REPO WITH LVSI |
NORTHSTAR (NS HEALTHCARE PT 2) WAREHOUSE | NORTHSTAR-DB REPO WAREHOUSE (NSINCOME) | NORTHSTAR-DB REPO WAREHOUSE (NRFC) |
CANTOR REPO WITH MET LIFE | PFP III SUB I, LLC | MARATHON STRUCTURED FINANCE FUND LP |
MARATHON STRUCTURED FINANCE FUND LP | MARATHON STRUCTURED FINANCE FUND LP | TRIANGLE WAREHOUSE |
ONE WEST BANK REPO | MEZZ CAP LLC (FKA CBA MEZZ) | MEZZ CAP REIT I, INC |
RESOURCES REPO WITH DB | SL GREEN REALTY CORP/GRAMERCY | H2-WF REPO WAREHOUSE |
SL GREEN WAREHOUSE | SL GREEN - JPM REPO | DEXIA REAL ESTATE PORTFOLIO |
DEXIA REAL ESTATE CAPITAL MARKETS | BB&T WAREHOUSE | NORTHSTAR WAREHOUSE |
LEHMAN BROTHERS WAREHOUSE | LEHMAN BROTHERS WAREHOUSE | AG MIT CREL (ANGELO GORDON ENTITY) REPO |
WEST RIVER WAREHOUSE | VALSTONE WAREHOUSE | WACHOVIA RED - TAX CREDIT |
WACHOVIA RED - TAX CREDIT | RIVER MARKET BROE WAREHOUSE | VORNADO REALTY L.P. WAREHOUSE |
CD 2007 CD4 COMPANION | LB-UBS 2006 C1 COMPANION | GREENWICH CCFC 2003 Cl (COMPANION) |
BSCMS05TOP20 (COMPANION)_LANDESBANK | MS06TOP23 (COMPANION)_LANDESBANK. | COBALT 2007- 03 COMPANION |
LB UBS 2006-C4 COMPANION | CITIGROUP 2007-C6 (COMPANION) | WACHOVIA 2006-C27 - COMPANION |
MSBAM 2013-C12 COMPANION | JPMC 2006-LDP9 COMPANION | GREENWICH CCFC 2007-GG11 COMPANION |
MORGAN STANLEY 2007IQ14 | CITIGROUP 2012-GC8 COMPANION | COMM 2014-LC17 COMPANION |
GSMS 2013-GC10 | COMM 2013-WWP COMPANION | GSMS 2011-GC5 COMPANION |
GOLDMAN 2006-GG6 COMPANION | GREENWICH CCFC 2007-GG9 COMPANION | CGCMT 2014-GC21 COMPANION |
COMM 2014-CCRE14 COMPANION | GSMS 2011-GC3 COMPANION | GSMS 2010-C2 COMPANION |
GREENWICH CCFC 05 GG5 (COMPANION) | GSMS 2014-GC18 COMPANION | COMM 2014-UBS5 COMPANION |
GOLDMAN 2006-GG8 COMPANIONS | CGCMT 2013-GC15 COMPANION | COMM 2013-CCRE13 |
COMM 2014-LC15 COMPANION | COMM 2013-CCRE6 COMPANION | GSMSC04GG2 (COMPANION) 1_VARIABLELIFE |
CGCMT 2014-GC25 COMPANION | CGCMT 2014-GC19 COMPANION | GSMS 2014-GC22 COMPANION |
GSMSC 2010-C1 COMPANION | GOLDMAN 2007-GG10 COMPANION | GSMS 2012-GCJ7 COMPANION |
CITIGROUP 2013-375P COMPANION | GSMS 2014-GC26 COMPANION | COMM 2013-CCRE10 COMPANION |
COMM 2010-C1 COMPANION | COMM 2014-UBS3 COMPANION | DBUBS 2011-LC1 COMPANION |
BSCM07TOP28 (COMPANION) 1_BALDEAGLE | MSCO5HQ6 (COMPANION)_PRUDENTIAL | ML-CFC 2007-7 COMPANION |
FUNB 2001 C2 B NOTES | BSCM07TOP28 (COMPANION) 2_STARWOOD | MLCFC07-6 (COMPANION)_ASTAR |
1345FB2005 (COMPANION) | BSCMS05TOP20 (COMPANION) 2_HARTFORDLIFE | BSCMS05TOP20 (COMPANION) 3_METLIFE |
BSCMS05TOP20 (COMPANION) 1_NYLIFE | MSC07HQ12 (COMPANION) 2_DEUTSCHEAG | MSC07HQ12 (COMPANION) 1_CIT |
JPMCC 2007-LDP11 COMPANION | JPMC 2006-LDP7 COMPANION | FUNB 2001 C3 B NOTES |
CGWF 2013-RKWH COMPANION | JPMCC 2007-LDP10 COMPANION | 7 WORLD TRADE CENTER 2012-WTC COMPANION |
COMM 2006-FL12 COMPANION | COMM 2013-FL3 COMPANION | BRE SELECT HOTELS MEZZ WAREHOUSE |
3 WORLD TRADE CENTER 2014 COMPANION | BAMLL 2014-FL1 COMPANION | CGBAM 2014-HD COMPANION |
LEHMAN 2006 LLF-C5C | LEHMAN 2005-LLF C4 (COMPANIONS) | JPMCC 2014-FL5 COMPANION |
COMM 2014-FL4 COMPANION | LB UBS 2004 C6 COMPANION | MSBAM 2013-C11 COMPANION |
WACHOVIA 2004-C15 COMPANION | LB-UBS 2005-C7 COMPANION | WACHOVIA 2007-WHALE 8 NON TRUST |
FOUR TIMES SQUARE 2006 - 4TS COMPANION | COMM07FL14 (COMPANION) 2_SOCIETE GENERAL | WACHOVIA 2007-C31 COMPANION |
WACHOVIA 2007-C32 COMPANION | COBALT 2007-C2 COMPANION | WACHOVIA 2007-C34 COMPANION |
MSBAM 2013-C8 COMPANION | JPM 2012-CIBX COMPANION | LB UBS 2004 C8 COMPANION |
WACHOVIA 2006-C29 COMPANION | WACHOVIA 2006-C24 (COMPANION) | LEHMAN-UBS 2005 C5 COMPANION |
WACHOVIA 2006-C25 (COMPANION) | WACHOVIA 2005-C20 (COMPANION) | WACHOVIA 2007-C30 COMPANION |
WACHOVIA 2007-C33 COMPANION | WFCM 2013-LC12 COMPANION | MORGAN STANLEY 2007-HQ13 COMPANION |
LB UBS 2006-C7 COMPANION | WFRBS 2014-C22 COMPANION | MSBAM 2014-C15 COMPANION |
LB-UBS 2006-C3 COMPANION | JPMC 2014-C20 COMPANION | WFRBS 2014-C20 COMPANION |
WFRBS 2014-LC144 COMPANION | WFRBS 2013-C16 COMPANION | JPMBB 2013-C17 COMPANION |
WFRBS 2013-C15 COMPANION | JPMCC 2013-C16 COMPANION | JPMBB 2014 - C21 COMPANION |
WACHOVIA 2004-C10 (COMPANION) | LB UBS 2005 C1 COMPANION | LBUBS05C3 (COMPANION) 1_SORINRE |
LBUBS05C3 (COMPANION) 4_QUADRANTFUND | LBUBS05C3 (SENIOR MEZZ) 5_BAYERISCHE | LBUBS05C3 (SENIOR MEZZ) 4_AIBDEBT |
LBUBS05C3 (SENIOR MEZZ) 3_LRP | LBUBS05C3 (SENIOR MEZZ) 2_ING | LBUBS05C3 (SENIORMEZZ) 1_METLIFE |
WFRBS 2013-C11 COMPANION | WFRBS11C2 (PARTICIPATION)_WEST RIVER | MSBAM 2014-C19 COMPANION |
JPMBB 2013-C15 COMPANION | WFRBS 2014-C19 COMPANION | WFRBS 2013-UBS1 COMPANION |
WFRBS 2014-C25 COMPANION | WFRBS 2014-C23 COMPANION | RBS 2010-MB1 COMPANION |
WACHOVIA 2004-C11 (COMPANION) | LB-UBS 2007-C6 (COMPANION) | CITY CENTER 2011-CCHP COMPANION |
MSBAM 2014-C14 COMPANION | MSBAM 2014-C17 COMPANION | WACHOVIA 2005-C21 (COMPANION) |
LB-UBSS 2006-C6 COMPANION | MSBAM 2014-C16 COMPANION | MSBAM 2014-C18 COMPANION |
WFRBS 2013 - C17 COMPANION | WFCM 2014- LC18 COMPANION | JPMBB 2014-C22 COMPANION |
LB IBS 2007-C2 COMPANION | WACHOVIA 2006 WHALE 7 NON TRUST | CIT1GROUP 2006-FL2 COMPANION |
JPMC 2005-LDP2 COMPANIONS | MORGAN GUARANTY TRUST CO. OF NY | STRATEGIC LAND JOINT VENTURE 2 |
MLFT 2006-1 (COMPANION)_CAPTRUST | VERTICAL CRE CDO 2006-1_ROYAL HOLIDAY | CONCORD REAL ESTATE CDO 2006-1 (CERRITOS |
CRESS 2008-1 CDO_PLAZAELSEGUNDO | CBA-MEZZANINE CAPITAL FINANCE | MLCFC07-5 (COMPANION)_LEXINGTON |
ALL STATE_PPG (PARTICIPATION) | WFRBS11C4 (COMPANION)_LIBERTYLIFE | WFCM10C1 (PARTICIPATION)_BASIS |
NORTHSTAR CDO VII | NORTHSTAR CDO IX PRIMARY (MEMORIAL MALL) | NEWCASTLE CDO IX |
CONCORD REAL ESTATE CDO 2006-1 | MARATHON REAL ESTATE CDO 2006-1 | CAPLEASE CDO 2005-1 |
RESOURCE REAL ESTATE FUNDING CDO 2006-1 | WACHOVIA CRE CDO 2006-1 | RESOURCE REF CDO 2007-1 |
CAPITAL SOURCE RELT 2006-A | NORTHSTAR CDO IV LTD | NORTHSTAR CDO VI |
SUNTRUST BANK_KINGPLAZA (PARTICIPATION) | PEOPLE'S UNITED BANK_COLE MT AND PPG | FMBT12FBLU |
JPMC07FL1 | HMAC99PH1 | WB05WHALE6 |
GCCFC04FL2 | GCCFC03C2C | LB06LLFC5 |
DDR09DDR1 | COMM06FL12 | CSFB06TFL2 |
CSF7C2 | CSFB97C1 | MSD00LIFE2 |
1998-WF1 | 1997-WF1 | GCCFC06FL4 |
LBUBS2001C2 | LBUBS2000C3 | GECC 2001-1 |
COMM12FL2 | LBUBS03C7 | LBUBS2002C4 |
GECC 2003-C2 | FUNB2002C1 | WB06C28C |
CHASE 2000-2 | CGBAM13BREH | BSC00WF1 |
COMM11FL1 | MS2000LIFE1 | CGCMT14GC25C |
APPENDIX B
APPLICABLE SERVICING CRITERIA WITH RESPECT TO COMMERCIAL LOANS
(THE PLATFORM)
SERVICING CRITERIA | APPLICABLE SERVICING CRITERIA |
INAPPLICABLE SERVICING CRITERIA | |||
Reference | Criteria | Performed Directly by the Company |
Performed by Vendor(s) for which the Company is the Responsible Party |
Performed by vendor(s) for which the Company is NOT the Responsible Party |
NOT performed by the Company or by snbservicer(s) or vendor(s) retained by the Company |
General Servicing Considerations | |||||
1122(d)(1)(i)° | Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. | X | X | ||
1122(d)(1)(ii) | If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party's performance and compliance with such servicing activities. | X | |||
1122(d)(1)(iii) | Any requirements in the transaction agreements to maintain a back-up servicer for the pool assets are maintained. | X | |||
1122(d)(1)(iv) | A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. | X | |||
Cash Collection and Administration | |||||
1122(d)(2)(i) | Payments on pool assets are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. | X |
SERVICING CRITERIA | APPLICABLE SERVICING CRITERIA |
INAPPLICABLE SERVICING CRITERIA | ||||
Reference | Criteria | Performed Directly by the Company |
Performed by Vendor(s) for which the Company is the Responsible Party |
Performed by vendor(s) for which the Company is NOT the Responsible Party |
NOT performed by the Company or by snbservicer(s) or vendor(s) retained by the Company | |
1122(d)(2)(ii) | Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. | X | ||||
1122(d)(2)(iii) | Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. | X | ||||
1122(d)(2)(iv) | The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. | X | ||||
1122(d)(2)(v) | Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | X | ||||
1122(d)(2)(vi) | Unissued checks are safeguarded so as to prevent unauthorized access. | X |
SERVICING CRITERIA | APPLICABLE SERVICING CRITERIA |
INAPPLICABLE SERVICING CRITERIA | ||||
Reference | Criteria | Performed Directly by the Company |
Performed by Vendor(s) for which the Company is the Responsible Party |
Performed by vendor(s) for which the Company is NOT the Responsible Party |
NOT performed by the Company or by snbservicer(s) or vendor(s) retained by the Company | |
1122(d)(2)(vii) | Reconciliations are prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts. These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed and approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These reconciling items are resolved within 90 calendar days of their original identification, or such other number of days specified in the transaction agreements. | X | ||||
Investor Remittances and Reporting | ||||||
1122(d)(3)(i)(A) | Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; | X | X | |||
1122(d)(3)(i)(B) | (B) provide information calculated in accordance with the terms specified in the transaction agreements; | X | ||||
1122(d)(3)(i)(C) | (C) are filed with the Commission as required by its rules and regulations; | X | ||||
1122(d)(3)(i)(D) | (D) agree with investors' or the trustee's records as to the total unpaid principal balance and number of pool assets serviced by the Servicer. | X |
SERVICING CRITERIA | APPLICABLE SERVICING CRITERIA |
INAPPLICABLE SERVICING CRITERIA | ||||
Reference | Criteria | Performed Directly by the Company |
Performed by Vendor(s) for which the Company is the Responsible Party |
Performed by vendor(s) for which the Company is NOT the Responsible Party |
NOT performed by the Company or by snbservicer(s) or vendor(s) retained by the Company | |
1122(d)(3)(ii) | Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. | X | ||||
1122(d)(3)(iii) | Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreement | X | ||||
1122(d)(3)(iv) | Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. | X | ||||
Pool Asset Administration | ||||||
1122(d)(4)(i) | Collateral or security on pool assets is maintained as required by the transaction agreement or related mortgage loan documents. | X | X | |||
1122(d)(4)(ii) | Pool assets and related documents are safeguarded as required by the transaction agreement. | X | ||||
1122(d)(4)(iii) | Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. | X(1) | ||||
1122(d)(4)(iv) | Payments on pool assets, including any payoffs, made in accordance with the related [pool asset] documents are posted to the Servicer's obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. | X |
SERVICING CRITERIA | APPLICABLE SERVICING CRITERIA |
INAPPLICABLE SERVICING CRITERIA | |||
Reference | Criteria | Performed Directly by the Company |
Performed by Vendor(s) for which the Company is the Responsible Party |
Performed by vendor(s) for which the Company is NOT the Responsible Party |
NOT performed by the Company or by snbservicer(s) or vendor(s) retained by the Company |
1122(d)(4)(v) | The Servicer's records regarding the pool assets agree with the Servicer's records with respect to an obligor's unpaid principal balance. | X | |||
1122(d)(4)(vi) | Changes with respect to the terms or status of an obligor's pool assets (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. | X | |||
1122(d)(4)(vii) | Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded. in accordance with the timeframes or other requirements established by the transaction agreements. | X | |||
1122(d)(4)(viii) | Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity's activities in, monitoring delinquent pool assets including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary e.g., illness or employment). | X |
SERVICING CRITERIA | APPLICABLE SERVICING CRITERIA |
INAPPLICABLE SERVICING CRITERIA | |||
Reference | Criteria | Performed Directly by the Company |
Performed by Vendor(s) for which the Company is the Responsible Party |
Performed by vendor(s) for which the Company is NOT the Responsible Party |
NOT performed by the Company or by snbservicer(s) or vendor(s) retained by the Company |
1122(d)(4)(ix) | Adjustments to interest rates or rates of return for pool assets with variable rates are computed based on the related mortgage loan documents. | X | |||
1122(d)(4)(x)(A) | Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor's pool asset documents, on at least an annual basis, or such other period specified in the transaction agreements | X | |||
1122(d)(4)(x)(B) | (B) interest on such fluids is paid, or credited, to obligors in accordance with. applicable pool asset documents and state laws; | X | |||
1122(d)(4)(x)(C) | (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related pool assets, or such other number of days specified in the transaction agreements. | X | |||
1122(d)(4)(xi) | Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the Servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. | X | X(2) |
SERVICING CRITERIA | APPLICABLE SERVICING CRITERIA |
INAPPLICABLE SERVICING CRITERIA | |||
Reference | Criteria | Performed Directly by the Company |
Performed by Vendor(s) for which the Company is the Responsible Party |
Performed by vendor(s) for which the Company is NOT the Responsible Party |
NOT performed by the Company or by snbservicer(s) or vendor(s) retained by the Company |
1122(d)(4)(xii) | Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the Servicer's funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. | X | X(2) | ||
1122(d)(4)(xiii) | Disbursements made on behalf of an obligor are posted within two business days to the obligor's records maintained by the Servicer, or such other number of days. specified: in the transaction agreements. | X | |||
1122(d)(4)(xiv) | Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. | X | |||
1122(d)(4)(xv) | Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. | X |
(1) | There were no activities performed during the year ended December 31, 2014 with respect to the Platform, because there were no occurrences of events that would require the Company to perform such activities. |
(2) | The vendors, CoreLogic, Inc. and National Tax Search, LLC, provided separate Reg. AB 1122(d) attestations for their tax payment activities as they relate to criteria 1122(d) (4) (xi) and (xii). |