INDIVIDUAL MORTGAGE LOANS (PRINCIPAL COMMERCIAL FUNDING II, LLC - PWR13) ------ -------------------------------------------------------------------------- REP. NO. 6 - MORTGAGE STATUS; WAIVERS AND MODIFICATIONS ----------------------------...Individual Mortgage Loans • October 12th, 2006 • Bear Stearns Commercial Mortgage Securities Trust 2006-Pwr13 • Asset-backed securities
EXPLANATION: Each of these Mortgage Loans has a Note A (the Mortgage Loan) and a Note B. Each Note B will not be held within the trust. Each Note B is subordinate to the Mortgage Loan, pursuant to the terms of a Co-Lender Agreement between the holders of Note A and Note B.
