14 Is the Commercial Lease for the purposes of If describe how the proposed “Yes,” telecommunications, such as for a cell phone Commercial Lease will affect the antenna or cell tower, and would the Mortgage Loan risk factors and any Commercial do any of the following: mitigating factors. (a) impose an undue financial or operating burden on the Property or the Borrower; (b) obligate the Borrower to rebuild any Improvements at the Property following a casualty or condemnation; (c) have a term (including extension options) in excess of 25 years; (d) require Fannie Mae to subordinate the priority of the Lien of the Security Instrument; or (e) convey an estate or other rights in excess of a conventional leasehold interest (e.g., a perpetual easement or a de facto sale of a portion of the Property or Improvements, etc.)? 15 Is the Commercial Lease for short-term If describe why the “Yes,” lodging, such as through a peer-to-peer Commercial Lease should be online marketplace or homestay network approved and any mitigating factors. (e.g., Airbnb)? IV. SERVICER CERTIFICATION The Servicer hereby represents and warrants to Fannie Mae that, to the best of its knowledge, the statements made in this Form are true and correct, and that no material facts have been omitted or misstated. *Signed: Name: Title: Date: * An electronic signature is acceptable.
14 Is the Commercial Lease for the purposes of telecommunications, such as for a cell phone antenna or cell tower, and would the Commercial do any of the following: (a) impose an undue financial or operating burden on the Property or the Borrower; (b) obligate the Borrower to rebuild any Improvements at the Property following a casualty or condemnation; (c) have a term (including extension options) in excess of 25 years; (d) require Fannie Mae to subordinate the priority of the Lien of the Security Instrument; or (e) convey an estate or other rights in excess of a conventional leasehold interest (e.g., a perpetual easement or a de facto sale of a portion of the Property or Improvements, etc.)? If “Yes,” describe how the proposed Commercial Lease will affect the Mortgage Loan risk factors and any mitigating factors. 15 Is the Commercial Lease for short-term lodging, such as through a peer-to-peer online marketplace or homestay network (e.g., Airbnb)? If “Yes,” describe why the Commercial Lease should be approved and any mitigating factors. IV. SERVICER CERTIFICATION The Servicer hereby represents and warrants to Fannie Mae that, to the best of its knowledge, the statements made in this Form are true and correct, and that no material facts have been omitted or misstated. *Signed: Name: Title: Date: * An electronic signature is acceptable.
4636cl.docx