10-K JPC12LC9 201412

0001056404-15-000568.txt : 20150330 0001056404-15-000568.hdr.sgml : 20150330 20150330151446 ACCESSION NUMBER: 0001056404-15-000568 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20150330 0000835271 0001541468 FILED AS OF DATE: 20150330 DATE AS OF CHANGE: 20150330 Commercial mortgages FILER: COMPANY DATA: COMPANY CONFORMED NAME: J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-LC9 CENTRAL INDEX KEY: 0001563166 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-165147-05 FILM NUMBER: 15734166 BUSINESS ADDRESS: STREET 1: C/O STATE STREET BANK & TRUST CO STREET 2: TWO INTERNATIONAL PLACE 5TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 2126483063 MAIL ADDRESS: STREET 1: 60 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10260-0066 10-K 1 jpc12lc9_10k-2014.htm 10-K JPC12LC9 201412

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10‑K

(Mark one)

/X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2014

or

/ / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____ to_____

Commission file number of the issuing entity: 333-165147-05

Central Index Key Number of the issuing entity: 0001563166

J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-LC9

(exact name of the issuing entity as specified in its charter)

Central Index Key Number of the depositor: 0001013611

J.P. Morgan Chase Commercial Mortgage Securities Corp.

(exact name of the depositor as specified in its charter)

Central Index Key Number of the sponsor: 0000835271

JPMorgan Chase Bank, National Association

(exact name of the sponsor as specified in its charter)

Central Index Key Number of the sponsor: 0001541468
Ladder Capital Finance LLC

(exact name of the sponsor as specified in its charter)

New York
(State or other jurisdiction of
incorporation or organization of the issuing entity)

38-3895993

38-3895994

38-7064544

(I.R.S. Employer

Identification Numbers)

c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD
(Address of principal executive offices of the issuing entity)

21045
(Zip Code)

Registrant’s telephone number, including area code:
(212) 272-6858

Securities registered pursuant to Section 12(b) of the Act: None.

Securities registered pursuant to Section 12(g) of the Act: None.

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. / /Yes /X/ No

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. / /Yes /X/ No

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. /X/Yes / /No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Not applicable.

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (Section 229.405) of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10‑K or any amendment to this Form 10‑K.

Not applicable.

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer / / Accelerated filer / /

Non-accelerated filer /X/ (Do not check if a smaller reporting company) Smaller reporting company / /

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). / /Yes /X/ No

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter.

Not applicable.

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. / /Yes / / No

Not applicable.

Indicate the number of shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date.

Not applicable.

DOCUMENTS INCORPORATED BY REFERENCE

List hereunder the following documents if incorporated by reference and the Part of the Form 10‑K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1)Any annual report to security holders; (2) Any proxy or information statement; and (3)Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980).

Not applicable.

EXPLANATORY NOTE

The West County Center Mortgage Loan, which constituted approximately 12.1% of the asset pool of the issuing entity as of its cut-off date, is an asset of the issuing entity and is part of a loan combination that includes the West County Center Mortgage Loan and one other pari passu loan, which is not an asset of the issuing entity. This loan combination, including the West County Center Mortgage Loan, is being serviced and administered pursuant to the Pooling and Servicing Agreement, which is incorporated by reference as Exhibit 4.1 to this Annual Report on Form 10-K.

PART I

Item 1. Business.

Omitted.

Item 1A. Risk Factors.

Omitted.

Item 1B. Unresolved Staff Comments.

None.

Item 2. Properties.

Omitted.

Item 3. Legal Proceedings.

Omitted.

Item 4. Mine Safety Disclosures.

Not applicable.

PART II

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

Omitted.

Item 6. Selected Financial Data.

Omitted.

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Omitted.

Item 7A. Quantitative and Qualitative Disclosures About Market Risk.

Omitted.

Item 8. Financial Statements and Supplementary Data.

Omitted.

Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.

Omitted.

Item 9A. Controls and Procedures.

Omitted.

Item 9B. Other Information.

None.

PART III

Item 10. Directors, Executive Officers and Corporate Governance.

Omitted.

Item 11. Executive Compensation.

Omitted.

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

Omitted.

Item 13. Certain Relationships and Related Transactions, and Director Independence.

Omitted.

Item 14. Principal Accounting Fees and Services.

Omitted.

ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB

Item 1112(b) of Regulation AB, Significant Obligor Financial Information.

The West County Center Mortgage Loan (Loan #1 on Annex A-1 to the Prospectus Supplement of the registrant relating to the issuing entity filed on December 18, 2012 pursuant to Rule 424(b)(5) (the “Prospectus Supplement”)) constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB, as disclosed in the Prospectus Supplement. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $22,509,505.97 for the twelve-month period ended December 31, 2014.

Item 1114(b)(2) of Regulation AB, Significant Enhancement Provider Financial Information.

No entity or group of affiliated entities provides any external credit enhancement or other support for the certificates within this transaction as described under Item 1114 (a) of Regulation AB.

Item 1115(b) of Regulation AB, Certain Derivatives Instruments (Financial Information).

No entity or group of affiliated entities provides any derivative instruments or other support for the certificates within this transaction as described under Item 1115 of Regulation AB.

Item 1117 of Regulation AB, Legal Proceedings.

The registrant knows of no material pending legal proceeding involving the trust or any party related to the trust, other than routine litigation incidental to the duties of those respective parties, and the following, with respect to Wells Fargo Bank, National Association, as Trustee:

On June 18, 2014, a group of institutional investors filed a civil complaint in the Supreme Court of the State of New York, New York County, against Wells Fargo Bank, N.A., in its capacity as trustee under 276 residential mortgage backed securities ("RMBS") trusts, which was later amended on July 18, 2014, to increase the number of trusts to 284 RMBS trusts. On November 24, 2014, the plaintiffs filed a motion to voluntarily dismiss the state court action without prejudice. That same day, a group of institutional investors filed a civil complaint in the United States District Court for the Southern District of New York against Wells Fargo Bank, N.A., alleging claims against the bank in its capacity as trustee for 274 RMBS trusts (the “Complaint”). In December 2014, the plaintiffs’ motion to voluntarily dismiss their original state court action was dismissed. As with the prior state court action, the Complaint is one of six similar complaints filed contemporaneously against RMBS trustees (Deutsche Bank, Citibank, HSBC, Bank of New York Mellon and US Bank) by a group of institutional investor plaintiffs. The Complaint against Wells Fargo Bank, N.A. alleges that the trustee caused losses to investors and asserts causes of action based upon, among other things, the trustee's alleged failure to (i) enforce repurchase obligations of mortgage loan sellers for purported breaches of representations and warranties, (ii) notify investors of alleged events of default purportedly caused by breaches by mortgage loan servicers, and (iii) abide by appropriate standards of care following alleged events of default. Relief sought includes money damages in an unspecified amount, reimbursement of expenses, and equitable relief. Other cases alleging similar causes of action have been filed against Wells Fargo Bank, N.A. and other trustees by RMBS investors in these and other transactions. There can be no assurances as to the outcome of the litigation, or the possible impact of the litigation on the trustee or the RMBS trusts. However, Wells Fargo Bank, N.A. denies liability and believes that it has performed its obligations under the RMBS trusts in good faith, that its actions were not the cause of any losses to investors, and that it has meritorious defenses, and it intends to contest the plaintiffs’ claims vigorously.

Item 1119 of Regulation AB, Affiliations and Certain Relationships and Related Transactions.

The information regarding this Item has been previously provided in a Prospectus Supplement.

Item 1122 of Regulation AB, Compliance with Applicable Servicing Criteria.

The reports on assessment of compliance with the servicing criteria for asset-backed securities and the related attestation reports on such assessments of compliance are attached hereto under Item 15. Attached as Exhibit AA to the Pooling and Servicing Agreement incorporated by reference as Exhibit 4 to this Annual Report on Form 10-K is a chart identifying the entities participating in a servicing function for the transaction responsible for each applicable servicing criterion set forth in Item 1122(d).

Item 1123 of Regulation AB, Servicer Compliance Statement.

The servicer compliance statements are attached as Exhibits to this Annual Report on Form 10-K.

Part IV

Item 15. Exhibits and Financial Statement Schedules.

(a) The following is a list of documents filed as part of this Annual Report on Form 10-K:

(1) Not applicable

(2) Not applicable

(3) See below

4 Pooling and Servicing Agreement, dated as of December 1, 2012, among J.P. Morgan Chase Commercial Mortgage Securities Corp., as depositor, Midland Loan Services, a Division of PNC Bank, National Association, as master servicer, Rialto Capital Advisors, LLC, as special servicer, Wells Fargo Bank, National Association, as certificate administrator and as trustee, and Pentalpha Surveillance LLC, as senior trust advisor (filed as Exhibit 4.1 to the registrant's Current Report on Form 8-K filed on December 21, 2012 and incorporated by reference herein)

31 Rule 13a-14(d)/15d-14(d) Certifications.

33 Reports on assessment of compliance with servicing criteria for asset-backed securities.

33.1 Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer
33.2 Rialto Capital Advisors, LLC, as Special Servicer
33.3 Wells Fargo Bank, National Association, as Trustee and Certificate Administrator
33.4 Wells Fargo Bank, National Association, as Custodian
33.5 Pentalpha Surveillance LLC, as Senior Trust Advisor
33.6 Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer for the West County Center Mortgage Loan (see Exhibit 33.1)
33.7 Rialto Capital Advisors, LLC, as Special Servicer for the West County Center Mortgage Loan (see Exhibit 33.2)
33.8 Wells Fargo Bank, National Association, as Trustee and Certificate Administrator for the West County Center Mortgage Loan (see Exhibit 33.3)
33.9 Wells Fargo Bank, National Association, as Custodian for the West County Center Mortgage Loan (see Exhibit 33.4)
33.10 Pentalpha Surveillance LLC, as Senior Trust Advisor for the West County Center Mortgage Loan (see Exhibit 33.5)

34 Attestation reports on assessment of compliance with servicing criteria for asset-backed securities.

34.1 Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer
34.2 Rialto Capital Advisors, LLC, as Special Servicer
34.3 Wells Fargo Bank, National Association, as Trustee and Certificate Administrator
34.4 Wells Fargo Bank, National Association, as Custodian
34.5 Pentalpha Surveillance LLC, as Senior Trust Advisor
34.6 Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer for the West County Center Mortgage Loan (see Exhibit 34.1)
34.7 Rialto Capital Advisors, LLC, as Special Servicer for the West County Center Mortgage Loan (see Exhibit 34.2)
34.8 Wells Fargo Bank, National Association, as Trustee and Certificate Administrator for the West County Center Mortgage Loan (see Exhibit 34.3)
34.9 Wells Fargo Bank, National Association, as Custodian for the West County Center Mortgage Loan (see Exhibit 34.4)
34.10 Pentalpha Surveillance LLC, as Senior Trust Advisor for the West County Center Mortgage Loan (see Exhibit 34.5)

35 Servicer compliance statements.

35.1 Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer
35.2 Rialto Capital Advisors, LLC, as Special Servicer
35.3 Wells Fargo Bank, N.A., as Certificate Administrator
35.4 Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer for the West County Center Mortgage Loan (see Exhibit 35.1)
35.5 Rialto Capital Advisors, LLC, as Special Servicer for the West County Center Mortgage Loan (see Exhibit 35.2)
35.6 Wells Fargo Bank, National Association, as Certificate Administrator for the West County Center Mortgage Loan (see Exhibit 35.3)

99.1 Mortgage Loan Purchase Agreement, dated as of December 21, 2012, between JPMorgan Chase Bank, National Association and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by JPMorgan Chase Bank, National Association (filed as Exhibit 99.1 to Form 8-K filed on December 21, 2012 and incorporated by reference herein)

99.2 Mortgage Loan Purchase Agreement, dated as of December 21, 2012, among Ladder Capital Finance LLC, Ladder Capital Finance Holdings LLLP and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by Ladder Capital Finance LLC (filed as Exhibit 99.2 to Form 8-K filed on December 21, 2012 and incorporated by reference herein)

(b) The exhibits required to be filed by the registrant pursuant to Item 601 of Regulation S-K are listed above and in the Exhibit Index that immediately follows the signature page hereof.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

J.P. Morgan Chase Commercial Mortgage Securities Corp.
(Depositor)

/s/ Brian Baker

Brian Baker, President and Chief Executive Officer

(senior officer in charge of securitization of the depositor)

Date: March 30, 2015

Exhibit Index

Exhibit No.

31 Rule 13a-14(d)/15d-14(d) Certifications.

33 Reports on assessment of compliance with servicing criteria for asset-backed securities.

33.1 Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer
33.2 Rialto Capital Advisors, LLC, as Special Servicer
33.3 Wells Fargo Bank, National Association, as Trustee and Certificate Administrator
33.4 Wells Fargo Bank, National Association, as Custodian
33.5 Pentalpha Surveillance LLC, as Senior Trust Advisor
33.6 Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer for the West County Center Mortgage Loan (see Exhibit 33.1)
33.7 Rialto Capital Advisors, LLC, as Special Servicer for the West County Center Mortgage Loan (see Exhibit 33.2)
33.8 Wells Fargo Bank, National Association, as Trustee and Certificate Administrator for the West County Center Mortgage Loan (see Exhibit 33.3)
33.9 Wells Fargo Bank, National Association, as Custodian for the West County Center Mortgage Loan (see Exhibit 33.4)
33.10 Pentalpha Surveillance LLC, as Senior Trust Advisor for the West County Center Mortgage Loan (see Exhibit 33.5)

34 Attestation reports on assessment of compliance with servicing criteria for asset-backed securities.

34.1 Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer
34.2 Rialto Capital Advisors, LLC, as Special Servicer
34.3 Wells Fargo Bank, National Association, as Trustee and Certificate Administrator
34.4 Wells Fargo Bank, National Association, as Custodian
34.5 Pentalpha Surveillance LLC, as Senior Trust Advisor
34.6 Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer for the West County Center Mortgage Loan (see Exhibit 34.1)
34.7 Rialto Capital Advisors, LLC, as Special Servicer for the West County Center Mortgage Loan (see Exhibit 34.2)
34.8 Wells Fargo Bank, National Association, as Trustee and Certificate Administrator for the West County Center Mortgage Loan (see Exhibit 34.3)
34.9 Wells Fargo Bank, National Association, as Custodian for the West County Center Mortgage Loan (see Exhibit 34.4)
34.10 Pentalpha Surveillance LLC, as Senior Trust Advisor for the West County Center Mortgage Loan (see Exhibit 34.5)

35 Servicer compliance statements.

35.1 Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer
35.2 Rialto Capital Advisors, LLC, as Special Servicer
35.3 Wells Fargo Bank, N.A., as Certificate Administrator
35.4 Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer for the West County Center Mortgage Loan (see Exhibit 35.1)
35.5 Rialto Capital Advisors, LLC, as Special Servicer for the West County Center Mortgage Loan (see Exhibit 35.2)
35.6 Wells Fargo Bank, National Association, as Certificate Administrator for the West County Center Mortgage Loan (see Exhibit 35.3)

EX-31 2 jpc12lc9_31.htm

EX-31

Rule 13a-14(d)/15d-14(d) Certifications.

I, Brian Baker, certify that:

1. I have reviewed this report on Form 10-K and all reports on Form 10-D required to be filed in respect of the period covered by this report on Form 10-K of the J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-LC9 (the "Exchange Act periodic reports");

2. Based on my knowledge, the Exchange Act periodic reports, taken as a whole, do not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, all of the distribution, servicing and other information required to be provided under Form 10-D for the period covered by this report is included in the Exchange Act periodic reports;

4. Based on my knowledge and the servicer compliance statements required in this report under Item 1123 of Regulation AB, and except as disclosed in the Exchange Act periodic reports, the servicers have fulfilled their obligations under the servicing agreements in all material respects; and

5. All of the reports on assessment of compliance with servicing criteria for asset-backed securities and their related attestation reports on assessment of compliance with servicing criteria for asset-backed securities required to be included in this report in accordance with Item 1122 of Regulation AB and Exchange Act Rules 13a-18 and 15d-18 have been included as an exhibit to this report, except as otherwise disclosed in this report. Any material instances of noncompliance described in such reports have been disclosed in this report on Form 10-K.

In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties:

Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer, Rialto Capital Advisors, LLC, as Special Servicer, Wells Fargo Bank, National Association, as Trustee and Certificate Administrator, Wells Fargo Bank, National Association, as Custodian, and Pentalpha Surveillance LLC, as Senior Trust Advisor.

Dated: March 30, 2015

/s/ Brian Baker

President and Chief Executive Officer

(senior officer in charge of securitization of the depositor)

EX-33.1 3 jpc12lc9_33-1.htm

EX‑33.1

(logo) PNC

REAL ESTATE

MIDLAND LOAN SERVICES

Report on Assessment of Compliance with Regulation AB Servicing Criteria

Midland Loan Services (“Midland”), a division of PNC Bank, National Association, 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 (“Regulation AB”), as set forth in Appendix A hereto, relating to its role in the servicing of commercial mortgage-backed securities transactions.

Midland has assessed its compliance with the applicable servicing criteria as of and for the year ended December 31, 2014 (the “Reporting Period”). In making this assessment, Midland used the criteria set forth by the Securities and Exchange Commission (“SEC”) in Item 1122(d) of Regulation AB. This report covers the commercial mortgage-backed securities transactions (the “Platform”).

Midland engaged certain vendors, which are not servicers as defined in item 1101(j) of Regulation AB (the “Vendors”), to perform specific, limited or scripted activities related to portions of the servicing criteria as set forth in Appendix A. Midland elects to take responsibility for assessing compliance with the servicing criteria or portion of the servicing criteria applicable to such Vendors’ activities as set forth in Appendix A. Midland has not identified and is not aware of any material instances of noncompliance by the Vendors with the applicable servicing criteria as of December 31, 2014 and for the Reporting Period with respect to the Platform taken as a whole, nor has it identified any material deficiencies in its policies and procedures to monitor the compliance by the Vendors with the applicable servicing criteria as of December 31, 2014 and for the Reporting Period with respect to the Platform taken as a whole.

Based on this assessment, Midland believes that, as of and for the year ended December 31, 2014, Midland has complied in all material respects with the servicing criteria set forth in Item 1122(d) of Regulation AB relating to its role in the servicing of commercial mortgage-backed securities transactions.

PricewaterhouseCoopers LLP, an independent registered public accounting firm, has issued an attestation report on Midland’s assessment of compliance with the applicable servicing criteria as of and for the year ended December 31, 2014.

MIDLAND LOAN SERVICES

a division of PNC Bank, National Association

/s/ Steven W. Smith	/s/ Bradley J. Hauger
Steven W. Smith	Bradley J. Hauger
Executive Vice President	Senior Vice President

Date: February 25, 2015

Member of The PNC Financial Services Group

10851 Mastin Boulevard Overland Park, Kansas 66210

800-327-8083

www.pnc.com/midland

(logo) PNC

REAL ESTATE

MIDLAND LOAN SERVICES

APPENDIX A

	SERVICING CRITERIA	APPLICABLE SERVICING CRITERIA
Reference	Criteria	Performed Directly by Midland	Performed by Vendor(s) for which Midland is the Responsible Party
	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 (only with respect to financial performance activities)
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.	N/A¹
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 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
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

1 Midland has determined servicing criteria 1122(d)(1)(iii), 1122(d)(3)(i)(B), 1122(d)(3)(i)(C), 1122(d)(3)(i)(D), 1122(d)(3)(ii), 1122(d)(3)(iii), 1122(d)(3)(iv), and 1122(d)(4)(xv) to be inapplicable to the activities Midland performs with respect to the commercial mortgage-backed securities transactions being serviced.

(logo) PNC

REAL ESTATE

MIDLAND LOAN SERVICES

	SERVICING CRITERIA	APPLICABLE SERVICING CRITERIA
Reference	Criteria	Performed Directly by Midland	Performed by Vendor(s) for which Midland is the Responsible Party
	Cash Collection and Administration (continued)
1122(d)(2)(vi)	Unissued checks are safeguarded so as to prevent unauthorized access.	X
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:
	(A) Are mathematically accurate;	X
	(B) Are prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements;	X
	(C) Are reviewed and approved by someone other than the person who prepared the reconciliation; and	X
	(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)	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
	(B) Provide information calculated in accordance with the terms specified in the transaction agreements;	N/A¹
	(C) Are filed with the Commission as required by its rules and regulations; and	N/A¹
	(D) Agree with investor’s or the trustee’s records as to the total unpaid principal balance and number of pool assets serviced by the servicer.	N/A¹
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.	N/A¹
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 agreements.	N/A¹
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.	N/A¹

(logo) PNC

REAL ESTATE

MIDLAND LOAN SERVICES

	SERVICING CRITERIA	APPLICABLE SERVICING CRITERIA
Reference	Criteria	Performed Directly by Midland	Performed by Vendor(s) for which Midland is the Responsible Party
	Pool Asset Administration
1122(d)(4)(i)	Collateral or security on pool assets is maintained as required by the transaction agreements or related mortgage loan documents.	X	X (only with respect to removal from pools and loan assumptions)
1122(d)(4)(ii)	Pool assets and related documents are safeguarded as required by the transaction agreements.	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	X (only with respect to removal from pools)
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 pool asset documents.	X
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 asset (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	X (only with respect to loan assumptions)
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 pool asset 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 unemployment).	X
1122(d)(4)(ix)	Adjustments to interest rates or rates of return for pool assets with variable rates are computed based on the related pool asset documents.	X

(logo) PNC

REAL ESTATE

MIDLAND LOAN SERVICES

	SERVICING CRITERIA	APPLICABLE SERVICING CRITERIA
Reference	Criteria	Performed Directly by Midland	Performed by Vendor(s) for which Midland is the Responsible Party
	Pool Asset Administration (continued)
1122(d)(4)(x)	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
	(B) Interest on such funds is paid, or credited, to obligors in accordance with applicable pool asset documents and state laws; and	X
	(C) Such funds are returned to the obligor within 30 calendar days of full repayment of the related pool asset, 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 (only with respect to tax- related activities)
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
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 this Regulation AB, is maintained as set forth in the transaction agreements.	N/A¹

EX-33.2 4 jpc12lc9_33-2.htm

EX‑33.2

Management’s Assertion on Compliance with Applicable

Regulation AB Servicing Criteria

1. Rialto Capital Advisors, LLC (“Rialto”), the Special Servicer in the agreements listed on Exhibit 1 (the “Pooling and Servicing Agreements”), is responsible for assessing compliance with the servicing criteria applicable to it under paragraph (d) of Item 1122 of Regulation AB, for the period from January 1, 2014, up to and including December 31, 2014, or applicable shorter period there within, (the “Reporting Period”), as set forth in Appendix A hereto. The transactions covered by this report include the transactions listed on Exhibit 1 that are commercial mortgage-asset backed securities transactions for which Rialto acted as Special Servicer on or after January 1, 2014, or for the Applicable Certification Period as listed on Exhibit 1 (the "Platform"), and were registered after January 1, 2006, with the Securities and Exchange Commission pursuant to the Securities Act of 1933.

2. Rialto has engaged certain vendors (the “Vendors”) to perform specific, limited, or scripted activities, and Rialto elects to take responsibility for assessing compliance with the servicing criteria, or portion of the servicing criteria, applicable to such Vendors’ activities as set forth in Appendix A hereto. Rialto has determined its Vendors are not “servicers” as defined in Item 1101 (j) of Regulation AB and asserts that it has policies and procedures in place to provide reasonable assurance that the Vendors’ activities comply, in all material respects, with the servicing criteria applicable to each vendor;

3. Except as set forth in paragraph 4 below, Rialto used the criteria set forth in paragraph (d) of Item 1122 of Regulation AB to assess the compliance with the applicable servicing criteria;

4. The criteria listed in the column titled “Inapplicable Servicing Criteria” on Appendix A hereto are inapplicable to Rialto based on the activities it performs, directly or through its Vendors, with respect to the Platform;

5. Rialto has complied, in all material respects, with the applicable servicing criteria as of December 31, 2014, and for the Reporting Period with respect to the Platform taken as a whole.

6. Rialto has not identified and is not aware of any material instance of noncompliance by the Vendors with the applicable servicing criteria as of December 31, 2014, and for the Reporting Period with respect to the Platform taken as a whole;

7. Rialto has not identified any material deficiency in its policies and procedures to monitor the compliance by the Vendors with the applicable servicing criteria as of December 31, 2014, and for the Reporting Period with respect to the Platform taken as a whole; and

8. NDB Accountants & Consultants, LLP, a registered public accounting firm, has issued an attestation report on Rialto’s assessment of compliance with the applicable servicing criteria for the Reporting Period.

Date:	March 5, 2015
Name:	Adam Singer
Title:	Managing Director
Signature:	/s/ Adam Singer

Exhibit 1

Pooling and Servicing Agreements	Applicable Certification Period
WFRBS 2012-C8	January 1, 2014, to December 31, 2014
FDIC 2012-C1	January 1, 2014, to December 31, 2014
WFCM 2012-LC5	January 1, 2014, to December 31, 2014
UBS-Barclays 2012-C3	January 1, 2014, to December 31, 2014
UBS-Barclays 2012-C4	January 1, 2014, to December 31, 2014
GSMS 2012-GCJ9	January 1, 2014, to December 31, 2014
JPMCC 2012-LC9	January 1, 2014, to December 31, 2014
COMM 2013-LC6	January 1, 2014, to December 31, 2014
WFRBS 2013-C12	January 1, 2014, to December 31, 2014
UBS-Barclays 2013-C6	January 1, 2014, to December 31, 2014
GSMS 2013-GCJ12	January 1, 2014, to December 31, 2014
WFRBS 2013-C14	January 1, 2014, to December 31, 2014
WFRBS 2011-C5	January 1, 2014, to December 31, 2014
WFCM 2013-LC12	January 1, 2014, to December 31, 2014
WFRBS 2011-C2	January 1, 2014, to December 31, 2014
WFRBS 2011-C3	January 1, 2014, to December 31, 2014
WFRBS 2011-C4	January 1, 2014, to December 31, 2014
UBS-Citigroup 2011-C1	January 1, 2014, to December 31, 2014
UBS 2012-C1	January 1, 2014, to December 31, 2014
WFRBS 2012-C6	January 1, 2014, to December 31, 2014
GSMS 2011-GC3	January 1, 2014, to December 31, 2014
COMM 2013-LC13	January 1, 2014, to December 31, 2014
WFRBS 2013-C16	January 1, 2014, to December 31, 2014
GSMS 2013-GCJ16	January 1, 2014, to December 31, 2014
WFRBS 2013-C17	January 1, 2014, to December 31, 2014
GSMS 2012-GC6	January 1, 2014, to December 31, 2014
MSBAM 2013-C13	January 1, 2014, to December 31, 2014
COMM 2014-CCRE14	January 22, 2014, to December 31, 2014
MSBAM 2014-C14	February 14, 2014, to December 31, 2014
WFRBS 2014-LC14	February 20, 2014, to December 31, 2014
COMM 2014-LC15	March 25, 2014, to December 31, 2014
WFRBS 2014-C20	May 13, 2014, to December 31, 2014
COMM 2014-CCRE18	June 27, 2014, to December 31, 2014
CGCMT 2014-GC23	August 7, 2014, to December 31, 2014
MSBAM 2014-C17	August 14, 2014, to December 31, 2014
COMM 2014-UBS5	September 23, 2014, to December 31, 2014
MSBAM 2014-C18	September 29, 2014, to December 31, 2014
COMM 2012-CCRE4	October 6, 2014, to December 31, 2014
COMM 2012-LC4	October 6, 2014, to December 31, 2014
WFRBS 2014-C24	November 18, 2014, to December 31, 2014
JPMBB 2014-C25	November 24, 2014, to December 31, 2014
LCCM 2014-909	June 23, 2014, to December 31, 2014
MLMI 1998-C3	June 19, 2014, to December 31, 2014
Carefree Portfolio Trust 2014-CARE MZ A	November 26, 2014 to December 31, 2014
WFCM 2014-LC18	December 30, 2014, to December 31, 2014

APPENDIX A

SERVICING CRITERIA
Reference	Criteria	Performed by Servicer	Inapplicable Servicing Criteria
	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
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.	X¹
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
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)	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; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (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.	X²
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 agreements.		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 agreements or related mortgage loan documents.	X
1122(d)(4)(ii)	[pool asset] and related documents are safeguarded as required by the transaction agreements	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
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 [pool asset] documents.		X³
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 [pool asset] 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 unemployment).	X
1122(d)(4)(ix)	Adjustments to interest rates or rates of return for [pool assets] with variable rates are computed based on the related [pool asset] documents.		X
1122(d)(4)(x)	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; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable [pool asset] documents and state laws; and (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
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
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.		X⁴
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)	Rialto Capital Advisors, LLC performs the activities pertaining to these criteria, except for specific, limited activities performed by its third party property managers relating to REO Property, if any. Rialto has elected to take responsibility for assessing compliance with these servicing criteria with respect to the activities of its third party property managers.
2)	Only items (A) and (B) of the Servicing Criteria are applicable to Rialto Capital Advisors, LLC as special servicer. Items (C) and (D) are inapplicable as the responsibility for filing reports with the Commission and agreeing totals to the Servicer records rests with the Trustee and/or Certificate Administrator, as applicable.

3)	Primary responsibility for processing borrower payments rests with the Master Servicer, however, Rialto Capital Advisors, LLC may from time to time receive payments on an exception basis which are forwarded to the Master Servicer in accordance with such criterion.
4)	Rialto Capital Advisors, LLC provides the applicable Master Servicer relating to each deal with the final recovery determination and data utilized to complete IRS Form 1099C on loans with charge-offs, however, the ultimate responsibility for adjusting the loan record, reporting to the IRS, and delivering 1099C Forms to the borrower rests with the Master Servicer.

Management's Assertion on Compliance

EX-33.3 5 jpc12lc9_33-3.htm

EX‑33.3

(logo) WELLS
FARGO

Corporate Trust Services
MAC R1204-010
9062 Old Annapolis Road

Columbia, MD 21045

Tel: 410 884 2000

Fax: 410 715 2380

ASSESSMENT OF COMPLIANCE WITH THE APPLICABLE SERVICING CRITERIA

The management (“Management”) of the Corporate Trust Services division of Wells Fargo Bank, National Association (the “Company”) is responsible for assessing the Company’s compliance with the applicable servicing criteria set forth in Item 1122(d) of Regulation AB of the Securities and Exchange Commission. Management has determined that the servicing criteria are applicable in regards to the servicing platform for the period as follows:

Period: As of and for the twelve months ended December 31, 2014 (the “Period”).

Platform: The platform consists of commercial mortgage-backed securities (“CMBS”) transactions backed by pools of commercial mortgage loans and/or backed by CMBS for which the Company provides trustee, securities administration and/or paying agent services and where some or all of the offered securities for such CMBS transactions were either (a) publicly-issued pursuant to a registration statement delivered under the Securities Act of 1933, or (b) privately-issued pursuant to an exemption from registration where the Company has an obligation under the transaction agreements to deliver an assessment of compliance with the applicable servicing criteria under Item 1122(d) of Regulation AB; provided however that, the platform excludes any transactions (i) where the offered securities were issued, sponsored or guaranteed by any agency or instrumentality of the U.S. government or any government sponsored entity, and (ii) where the offered securities were issued pursuant to a transaction that closed prior to January 1, 2006 and for which the Company outsources all material servicing activities (as defined by Regulation AB) (the “CMBS Platform”). Appendix A identifies the individual transactions defined by Management as constituting the CMBS Platform for the Period.

Applicable Servicing Criteria: All servicing criteria set forth in Item 1122(d), to the extent required in the related transaction agreements, in regards to the activities performed by the Company, except for the following servicing criteria: 1122(d)(4)(ii), 1122(d)(4)(iv), 1122(d)(4)(v), 1122(d)(4)(vi), 1122(d)(4)(vii), 1122(d)(4)(viii), 1122(d)(4)(ix), 1122(d)(4)(x), 1122(d)(4)(xi), 1122(d)(4)(xii), 1122(d)(4)(xiii) and 1122(d)(4)(xiv), which Management has determined are not applicable to the activities the Company performed with respect to the CMBS Platform for the Period (the “Applicable Servicing Criteria”).

Third parties classified as vendors: With respect to servicing criterion 1122(d)(4)(i), the Company has engaged a vendor to handle certain Uniform Commercial Code filing functions required by the servicing criterion. Management has determined that this vendor is not considered a “servicer” as defined in Item 1101(j) of Regulation AB, and Management elects to take responsibility for assessing compliance with the portion of the servicing criterion applicable to this vendor as permitted by the SEC’s Compliance and Disclosure Interpretation, Section 200.06, Vendors Engaged by Servicers (formerly SEC Manual Telephone Interpretation 17.06) (“C&DI, 200.06”). The Company has policies and procedures in place designed to provide reasonable assurance that the vendor’s activities comply in all material respects with the servicing criterion applicable to the vendor. Management is solely responsible for determining that the Company meets the SEC requirements to apply C&DI, 200.06 for the vendor and related criterion.

With respect to the CMBS Platform and the Period, Management provides the following assessment of the Company’s compliance with respect to the Applicable Servicing Criteria:

1. Management is responsible for assessing the Company’s compliance with the Applicable Servicing Criteria.

2. Management has assessed the Company’s compliance with the Applicable Servicing Criteria, including the servicing criterion for which compliance is determined based on C&DI, 200.06, as described above. In performing this assessment, Management used the criteria set forth by the Securities and Exchange Commission in paragraph (d) of Item 1122 of Regulation AB.

3. With respect to applicable servicing criteria 1122(d)(2)(iii) and 1122(d)(4)(iii), Management has determined that there were no activities performed during the Period with respect to the CMBS Platform, because there were no occurrences of events that would require the Company to perform such activities.

4. Based on such assessment for the Period, the Company has complied, in all material respects with the Applicable Servicing Criteria.

KPMG LLP, an independent registered public accounting firm, has issued an attestation report with respect to Management’s assessment of the Company’s compliance with the Applicable Servicing Criteria for the Period.

WELLS FARGO BANK, National Association

By: /s/ David J. Ward

David J. Ward

Title: Senior Vice President

Dated: February 25, 2015

Wells Fargo Bank, N.A.

(logo) Together we’ll go far

CMBS Platform Transactions

BAC 2000-1

BAC 2000-2A

BAC 2001-1

BAC 2001-3

BAC 2002-PB2

BAC 2003-2

BAC 2004-1

BAC 2004-3

BAC 2004-5

BAC 2005-1

BAC 2005-4

BAC 2006-3

BAC 2006-4

BAC 2006-6

BAC 2007-2

BAC 2007-3

BAC 2007-4

BAC 2007-5

BACM 2008-1

BACM 2008-LS1

BALL 2005-MIB1

BANC OF AMER 2006-1

BEAR 2000-WF2

BEAR 2001-TOP2

BEAR 2001-TOP4

BEAR 2002-PBW1

BEAR 2002-TOP6

BEAR 2002-TOP8

BEAR 2003-PWR2

BEAR 2003-TOP10

BEAR 2003-TOP12

BEAR 2004-PWR3

BEAR 2004-PWR4

BEAR 2004-PWR5

BEAR 2004-PWR6

BEAR 2004-TOP14

BEAR 2004-TOP16

BEAR 2005-AFR1

BEAR 2005-PWR10

BEAR 2005-PWR7

BEAR 2005-PWR8

BEAR 2005-PWR9

BEAR 2005-TOP18

BEAR 2005-TOP20

BEAR 2006-PWR11

BEAR 2006-PWR12

BEAR 2006-PWR13

BEAR 2006-PWR14

BEAR 2006-TOP22

BEAR 2006-TOP24

BEAR 2007-PWR15

BEAR 2007-PWR16

BEAR 2007-PWR17

BEAR 2007-PWR18

BEAR 2007-TOP26

BEAR 2007-TOP28

BSC 1999-WF2

BSC 2000-WF1

CCMT 2004-C2

CCMT 2008-C7

CD 2006-CD2

COBALT 2006-C1

COBALT 2007-C2

COBALT 2007-C3

COM 1998-C02

COMM12-CCRE1

COMM12-CCRE2

COMM12-CCRE4

COMM12-CCRE5

COMM13-CCRE7

COMM13-LC6

COMM 2000-1

COMM 2003-LNB1

COMM 2004-LNB2

COMM 2004-LNB3

COMM 2004-LNB4

COMM 2005-C6

COMM 2005-LP5

COMM 2006-C7

COMM 2006 -C8

COMM 2007-C9

COMM2011-FL1

COMM 2012-FL2

COMM2013-CCRE10

COMM2013-CCRE12

COMM2014-CCRE15

COMM2014-CCRE16

COMM2014-CCRE18

COMM2014-CCRE19

COMM2014-CCRE20

COMM2014-CCRE21

COMM2014-LC15

COMM2014-LC17

COMM2014-UBS3

COMM2014-UBS5

COMM2014-UBS6

CSF 1997-C02

CSF 1999-C01

CSF 2000-C01

CSFB 2001-CF2

CSFB 2001-CK1

CSFB 2001-CK3

CSFB 2001-CK6

CSFB 2001-CKN5

CSFB 2001-CP4

CSFB 2002-CKN2

CSFB 2002-CKP1

CSFB 2002-CKS4

CSFB 2002-CP5

CSFB 2003-C3

CSFB-2003-C4

CSFB 2003-C5

CSFB 2003-CK2

CSFB 2003-CPN1

CSFB 2004-C1

CSFB 2004-C2

CSFB 2004-C3

CSFB 2004-C4

CSFB 2004-C5

CSFB 2005-C1

CSFB 2005-C2

CSFB 2005-C3

CSFB 2005-C4

CSFB 2005-C5

CSFB 2005-C6

CSFB 2006-C1

CSFB 2006-C2

CSFB 2006-C3

CSFB 2006-C4

CSFB 2006-C5

CSFB 2007-C1

CSFB 2007-C2

CSFB 2007-C3

CSFB 2007-C4

CSFB 2007-C5

CSFB 2008-C1

DBUBS 11-LC3

DLJ 1998-CF1

DLJ 1998-CF2

DLJ 1998-CG1

DLJ 1999-CG1

DLJ 1999-CG2

DLJ 1999-CG3

DLJ 2000-CF1

DLJ 2000-CKP1

FDIC 2012-C1

FIRST UNION 2000-C2

FIRST UNION 2001-C1

FIRST UNION 2001-C2

FIRST UNION 2001-C4

FLB 1998-C02

FUCM 2000-C1

FUN 1999-C01

FUN 1999-C02

FUN 1999-C04

GE 2002-1

GE 2005-C2

GE 2005-C4

GE CAP 2002-3

GE CAP 2003-C1

GE CAP 2004-C1

GE CAP 2004-C3

GECMC 2007-C1

GMAC 2001-C1

GMAC 2002-C1

GMAC 2002-C3 A

GMAC 2003-C2

GMAC 2004-C1

GMAC 2004-C3

GMAC 2006-C1

GMC 1999-C01

GMC 1999-C03

GMC 2000-C02

GS 2003-C1

GS 2005-GG4

GS 2006-GG6

GS 2006-GG8

GS 2007-GG10

GSMS2013-CJ14

GSMS 2013-GCJ12

GSMS2014-GC18

GSMS2014-GC20

GSMS2014-GC22

GSMS2014-GC24

GSMSC 12-GC6

GSMSC 12GCJ7

GSMSC 2013-GC10

JPM 2000-C9

JPM 2002-C3

JPM 2002-CIBC4

JPM 2002-CIBC5

JPM 2013-C12

JPM2013-C13

JPM2013-C14

JPM2013-C15

JPM2013-C16

JPM2014-C18

JPM2014-C19

JPM2014-C20

JPM2014-C21

JPM2014-C22

JPM2014-C23

JPM2014-C24

JPM2014-C26

JPMB2014-C25

JPMC 12-CIBX

JPMC 12-LC9

JPMC 12-PHH

JPMC 13-LC11

JPMC 2011-C5

JPMC 2012-C6

JPMC 2012-C8

JPMC 2013-C10

JPMC2013-C17

JPM CHAS 2004-CIBC10

JPM CHAS 2005-CIBC11

JPM CHAS 2005-CIBC13

JPM CHAS 2006-CIBC16

JPM CHAS 2007-CIBC18

JPM CHAS 2007-CIBC20

JPM CHASE 2003-C1

JPM CHASE 2003-PM1

JPM CHASE 2004-C1

JPM CHASE 2004-C2

JPM CHASE 2004-C3

JPM CHASE 2004-CIBC8

JPM CHASE 2004-LN2

JPM CHASE 2005-LDP3

JPM CHASE 2005-LDP4

JPM CHASE 2006-LDP6

JPM CHASE 2006-LDP9

JPM CHASE 2007-C1

JPM CHASE 2007-LDP10

JP MORGAN 2001-C1

JP MORGAN 2001-CIBC2

JP MORGAN 2001-CIBC3

JP MORGAN 2006-FL2

JP MORGAN 2007-FL1

LBC 1999-C01

LB-UBS 2004-C2

LB-UBS 2004-C4

MDC 2000-LF1

ML 2004-MKB1

ML 2005-MCP1

MLC 1998-C02

MLC 1998-CTA

MLC 1999-C01

ML-CFC 2006-3

ML-CFC 2007-5

ML-CFC 2007-9

MLMT 2005-LC1

MLMT 2007-C1

MORGAN 2006-TOP21

MS 2006-TOP23

MS 2007-TOP25

MS 2007-TOP27

MSBAM 12-C6

MSBAM 13-C8

MSBAM 13-C9

MSBAM14-C19

MSBAM 2013-C10

MSBAM2013-C11

MSBAM2013-C12

MSBAM2013-C13

MSBAM2014-C14

MSBAM2014-C15

MSC 2001-IQ

MSC 2001-PPM

MSC 2001-TOP1

MSC 2001-TOP3

MSC 2001-TOP5

MSC 2002-HQ

MSC 2002-TOP7

MSC 2003-HQ2

MSC 2003-IQ4

MSC 2003-IQ6

MSC 2003-TOP11

MSC 2003-TOP9

MSC 2004-HQ4

MSC 2004-IQ8

MSC 2004-TOP13

MSC 2004-TOP15

MSC 2005-HQ5

MSC 2005-HQ6

MSC 2005-IQ10

MSC 2005-TOP 17

MSC 2005-TOP 19

MSC 2006-HQ10

MSC 2006-IQ12

MSC 2007-HQ11

MSC 2007-HQ13

MSCC 11-C3

MSCC 12-C4

MSCI 2007-HQ12

MSCI 2007-IQ15

MSCI 2007-IQ16

MSCI 2008-TOP29

MSMC 1998-WF2

MSMC 1999-FN1

MSMC 1999-WF1

NFC 1999-1

PNC 2001-C1

PSSFC 2003-PWR1

RBSCF2013-GSP

SALOMON 00-C3

SALOMON 2001-C1

SALOMON 2001-C2

SALOMON 2002-KEY2

SASCO TIAA 2007-C4

SBMSVII 2000-C1

SBMSVII 2000-C2

WACHOVIA 2006-C23

WACHOVIA 2006-C25

WACHOVIA 2006-C26

WACHOVIA 2006-C27

WACHOVIA 2006-C28

WACHOVIA 2006-C29

WACHOVIA 2007-30

WACHOVIA 2007-C31

WACHOVIA 2007-C32

WACHOVIA 2007-C33

WACHOVIA 2007-C34

WACM 2002-C1

WACM 2002-C2

WACM 2003-C3

WACM 2003-C5

WACM 2003-C6

WACM 2003-C8

WACM 2004-C10

WACM 2004-C11

WACM 2004-C15

WACM 2005-C16

WACM 2005-C17

WACM 2005-C19

WACM 2005-C21

WACM 2005-C22

WFCM 12-LC5

WFCM2014-LC16

WFCM2014-LC18

WFCMT 2013-LC12

WFRBS 11-C5

WFRBS 12-C10

WFRBS 12-C6

WFRBS 12-C7

WFRBS 12-C8

WFRBS 12-C9

WFRBS 13-C11

WFRBS 13-C12

WFRBS 13-C13

WFRBS 13-C14

WFRBS2013-C15

WFRBS2013-C16

WFRBS2013-C17

WFRBS2013-C18

WFRBS2013-UBS1

WFRBS2014-C19

WFRBS2014-C20

WFRBS2014-C21

WFRBS2014-C22

WFRBS2014-C23

WFRBS2014-C24

WFRBS2014-C25

WFRBS2014-LC14

EX-33.4 6 jpc12lc9_33-4.htm

EX‑33.4

(logo) WELLS
FARGO

Wells Fargo Bank, N.A.
Document Custody
1015 10th Avenue Southeast

Minneapolis, MN 55414

ASSESSMENT OF COMPLIANCE WITH THE APPLICABLE SERVICING CRITERIA

Period: As of and for the twelve months ended December 31, 2014 (the “Period”).

Platform: The platform consists of residential mortgage-backed securities (“RMBS”) transactions backed by pools of residential mortgage loans and commercial mortgage-backed securities (“CMBS”) transactions backed by pools of commercial mortgage loans, in each case for which the Company provides document custody services and where the RMBS and CMBS transactions were either (a) publicly-issued pursuant to a registration statement under the Securities Act of 1933 on or after January 1, 2006, or (b) privately-issued pursuant to an exemption from registration on or after January 1, 2006 where the Company has an obligation under the transaction agreements to deliver an assessment of compliance with the applicable servicing criteria under Item 1122(d) of Regulation AB; provided however that, the platform excludes any transactions where the offered securities were issued, sponsored and/or guaranteed by any agency or instrumentality of the U.S. government or any government sponsored entity, other than certain securitizations of residential mortgage loan transactions issued, sponsored and/or guaranteed by the Federal Deposit Insurance Company (the “Document Custody Platform”). Appendix A identifies the individual transactions defined by Management as constituting the Document Custody Platform for the Period.

Applicable Servicing Criteria: Management has determined that the servicing criteria set forth in Item 1122(d)(1)(ii), 1122(d)(1)(iv), 1122(d)(4)(i), 1122(d)(4)(ii) and 1122(d)(4)(iii) are applicable to the activities performed by the Company with respect to the Document Custody Platform for the Period; provided however that, with respect to the Document Custody Platform, servicing criterion 1122(d)(4)(iii) is applicable only as it relates to the Company’s obligation to review and maintain the required loan documents related to any additions, removals or substitutions in accordance with the transaction agreements (the “Applicable Servicing Criteria”). Management has determined that all other servicing criteria set forth in Item 1122(d) are not applicable to the Document Custody Platform.

With respect to the Document Custody Platform and the Period, Management provides the following assessment of the Company’s compliance with respect to the Applicable Servicing Criteria:

1. Management is responsible for assessing the Company’s compliance with the Applicable Servicing Criteria.

2. Management has assessed the Company’s compliance with the Applicable Servicing Criteria. In performing this assessment, Management used the criteria set forth by the Securities and Exchange Commission in paragraph (d) of Item 1122 of Regulation AB.

3. With respect to applicable servicing criteria 1122(d)(1)(ii) and 1122(d)(4)(iii), Management has determined that there were no activities performed during the Period with respect to the Document Custody Platform, because there were no occurrences of events that would require the Company to perform such activities.

4. Based on such assessment for the Period, the Company has complied, in all material respects with the Applicable Servicing Criteria.

WELLS FARGO BANK, National Association

By: /s/ Shari L. Gillund

Shari L. Gillund

Title: Senior Vice President

Dated: February 25, 2015

Appendix A to the Company’s Assessment of Compliance with the Applicable Servicing Criteria

Document Custody Platform Transactions

ABFC 2006-HE1

ABFC 2006-OPT1

ABFC 2006-OPT2

ABFC 2006-OPT3

ABFC 2007-WMC1

ABSC2006-HE3

ABSC2006-HE5

ACE 2006-ASAP1

ACE 2006-ASAP2

ACE 2006-ASAP3

ACE 2006-ASAP4

ACE 2006-ASAP5

ACE 2006-ASAP6

ACE 2006-ASL1

ACE 2006-CW1

ACE 2006-FM1

ACE 2006-FM2

ACE 2006-HE1

ACE 2006-HE2

ACE 2006-HE3

ACE 2006-HE4

ACE 2006-OP1

ACE 2006-OP2

ACE 2006-SD1

ACE 2006-SD2

ACE 2006-SD3

ACE 2006-SL1

ACE 2006-SL2

ACE 2006-SL3

ACE 2006-SL4

ACE 2007-ASAP1

ACE 2007 ASAP2

ACE 2007-ASL1

ACE 2007-D1

ACE 2007-HE1

ACE 2007-HE2

ACE 2007-HE3

ACE 2007-HE4

ACE 2007-HE5

ACE 2007-SL1

ACE 2007-SL2

ACE 2007-WM1

ACE 2007-WM2

ARMT 2006-2

ARMT 2006-3

BAC 2006-3

BAC 2006-4

BAC 2006-6

BAC 2007-2

BAC 2007-3

BAC 2007-4

BAC 2007-5

BACM 2008-1

BACM 2008-LS1

BAFC 2006-B

BAFC 2006-C

BAFC 2006-E

BANC OF AMER 2006-1

BARCBCAP2007AA1

BARCBCAP2007AA2

BARCBCAP2007AA3

BARCBCAP2007AA4

BARCBCAP2007AB1

BARCSABR2006FR4

BARCSABR2006WM4

BARCSABR2007BR2

BARCSABR2007BR3

BARCSABR2007-HE1

BCAP 2006-AA1

BCAP 2006-AA2

BCAP 2007-AA5

BEARBSMF2006SL1

BEARBSMF2006SL2

BEARBSMF2006SL3

BEARBSMF2006SL4

BEARBSMF2006SL5

BEARBSMF2006SL6

BEARBSMF2007SL1

BEARBSMF2007SL2

BEARBSSLT20071

BEARPRIME20062

BEARPRIME20071

BEARPRIME20072

BEARPRIME20073

BEARSACO200610

BEARSACO20062

BEARSACO20063

BEARSACO20064

BEARSACO20065

BEARSACO20066

BEARSACO20067

BEARSACO20069

BEARSACO20072

BOAALT 2006-2

BOAALT 2006-3

BOAALT 2006-4

BOAALT 2006-5

BOAALT 2006-6

BOAALT 2006-7

BOAALT 2006-8

BOAALT 2006-9

BOAALT 2007-1

BOAALT 2007-2

BOALT 2006-1

BOAMS 2006-1

BOAMS 2006-2

BOAMS 2006-3

BOAMS 2006-A

BOAMS 2006-B

BOAMS 2007-1

BOAMS 2007-2

BOAMS 2007-3

BOAMS 2007-4

BSAAT 2007-01

BSABS 2006-2

BSABS 2006-3

BSABS 2006-4

BSABS 2006-AC1

BSABS 2006-AC2

BSABS 2006-AC3

BSABS 2006-AC4

BSABS 2006-AC5

BSABS 2006-IM1

BSABS 2006-SD1

BSABS 2006-SD2

BSABS 2006-SD3

BSABS 2006-SD4

BSABS 2006-ST1

BSABS 2007-1

BSABS 2007-2

BSABS 2007-AC1

BSABS 2007-AC2

BSABS 2007-AC3

BSABS 2007-AC4

BSABS 2007-AC5

BSABS 2007-AC6

BSABS 2007-SD1

BSABS 2007-SD2

BSABS 2007-SD3

BSALTA 2006-1

BSALTA 2006-2

BSALTA 2006-3

BSALTA 2006-4

BSALTA 2006-5

BSALTA 2006-6

BSALTA 2006-7

BSALTA 2006-8

BSALTA 2007-1

BSALTA 2007-2

BSALTA 2007-3

BSART 2006-1

BSART 2006-2

BSART 2006-4

BSART 2007-1

BSART 2007-2

BSART 2007-4

BSART 2007-5

BSMF 2006-AC1

BSMF 2006-AR1

BSMF 2006-AR2

BSMF 2006-AR3

BSMF 2006-AR4

BSMF 2006-AR5

BSMF 2007-AR1

BSMF 2007-AR2

BSMF 2007-AR3

BSMF 2007-AR4

BSMF 2007-AR5

CARRINGTON 2006-FRE1

CARRINGTON 2006-FRE2

CARRINGTON 2006-OPT1

CARRINGTON 2006-RFC1

CARRINGTON 2007-FRE1

CARRINGTON 2007-RFC1

CCMT 2006-C5

CCMT 2007-C6

CCMT 2008-C7

CD 2006-CD2

CD 2007-CD4

CD 2007-CD5

CITICMLTI2006HE3

CITICMLTI2007AR4

CITICMLTI2007AR5

CITICMLTI2007AR8

CITICMLTI2007WFHE2

CITICMLTI2007WFHE3

CITICMLTI2007WFHE4

COBALT 2006-C1

COBALT 2007-C2

COBALT 2007-C3

COMM12-CCRE1

COMM12-CCRE2

COMM12-CCRE4

COMM12-CCRE5

COMM13-CCRE7

COMM13-LC6

COMM 2006-C7

COMM 2007-C9

COMM2011-FL1

COMM 2012-FL2

COMM2013-CCRE10

COMM2013-CCRE12

COMM2014-CCRE15

COMM2014-CCRE16

COMM2014-CCRE18

COMM2014-CCRE19

COMM2014-CCRE20

COMM2014-CCRE21

COMM2014-LC15

COMM2014-LC17

COMM2014-UBS3

COMM2014-UBS5

COMM2014-UBS6

CSAB 2006-1

CSAB 2006-2

CSAB 2006-3

CSAB 2006-4

CSAB 2007-1

CSFB 2006-C1

CSFB 2006-C2

CSFB 2006-C3

CSFB 2006-C4

CSFB 2006-C5

CSFB 2007-C1

CSFB 2007-C2

CSFB 2007-C3

CSFB 2007-C4

CSFB 2007-C5

CSFB 2008-C1

CSMC 2006-1

CSMC 2006-2

CSMC 2006-3

CSMC 2006-4

CSMC 2006-7

CSMC 2006-8

CSMC 2006-9

CSMC 2007-1

CSMC 2007-2

CSMC 2007-3

CSMC 2007-4

CSMC 2007-5

CSMC 2007-6

CSMC 2007-7

DBALT 2006-AB1

DBALT 2006-AB2

DBALT 2006-AB3

DBALT 2006-AB4

DBALT 2006-AF1

DBALT 2006-AR1

DBALT 2006-AR2

DBALT 2006-AR3

DBALT 2006-AR4

DBALT 2006-AR5

DBALT 2006-AR6

DBALT 2006-OA1

DBALT 2007-1

DBALT 2007-2

DBALT 2007-3

DBALT 2007-AB1

DBALT 2007-AR1

DBALT 2007-AR2

DBALT 2007-AR3

DBALT 2007-BAR1

DBALT 2007-OA1

DBALT 2007-OA2

DBALT 2007-OA3

DBALT 2007-OA4

DBALT 2007-OA5

DBALT 2007-RAMP1

DBUBS 11-LC3

DBWAACE2006GP1

DLJWABSCRFC2007HE1

EBLMT 2013-1

EBMLT 2013-2

FASC2006-FF16

FASC2006-FF8

FF 2006-FF1

FF 2006-FFH1

FFML 2006-FF11

FFML 2006-FF5

FFML 2006-FF7

FFML 2006-FF9

FIELDSTONE 2006-1

FIELDSTONE 2006-2

FIELDSTONE 2006-3

FIELDSTONE 2007-1

FREMONT 2006-A

FREMONT 2006-B P1

FREMONT 2006-B P2

FREMONT 2006-C

FREMONT 2006-D

FREMONT 2006-E

GCMISV2006-OPT1

GCMISV2006-OPT2

GCMISV2006-OPT3

GCMISV2006-OPT4

GCMISV2006-OPT5

GCMISV2007-WMC1

GECMC 2007-C1

GMAC 2006-C1

GRNPT 2006-AR1

GRNPT 2006-AR2

GRNPT 2006-AR3

GS 2006-GG6

GS 2006-GG8

GS 2007-GG10

GSAA 2006-10

GSAA 2006-14

GSAA 2006-16

GSAA 2006-18

GSAA 2006-8

GSAA 2007-10

GSAA 2007-4

GSAA 2007-5

GSAA 2007-6

GSAA 2007-7

GSAA 2007-8

GSAA 2007-9

GSMC2006-12

GSMC20066

GSMC2006S3

GSMCGSR2007HEL1

GSMS2013-CJ14

GSMS 2013-GCJ12

GSMS2014-GC18

GSMS2014-GC20

GSMS2014-GC22

GSMS2014-GC24

GSMSC 12-GC6

GSMSC 12GCJ7

GSMSC 2013-GC10

GSR 2006-5F

GSR 2006-AR1

GSR 2006-AR2

GSR 2007-AR1

GSR 2007-AR2

HALO 2007-2

HALO 2007-AR2

HARBORVIEW 2007-2

HARBORVIEW 2007-4

HARBORVIEW 2007-7

HASCO 2006-HE1

HASCO 2006-OPT1

HASCO 2006-OPT2

HASCO 2006-OPT3

HASCO 2006-OPT4

HASCO 2006-WMC1

HASCO 2007-HE1

HASCO 2007-HE2

HASCO 2007-NC1

HASCO 2007-WF1

HEAT 2006-1

HEAT2006-3

HEAT 2006-4

HEAT2006-5

HEAT 2006-6

HEAT2006-7

HEAT2006-8

HEAT2007-1

HEAT2007-2

HEAT2007-3

HELT2007-FRE1

HEMT20061

HEMT20063

HEMT20064

HSBAHALO2006-2

HSBAHALO2007-1

HSBAHALO2007-AR1

HSBAHALO2007-WF1

HSBAHASCO2006HE2

HSBAHASCO2007-OPT

JPM 2013-C12

JPM2013-C13

JPM2013-C14

JPM2013-C15

JPM2013-C16

JPM2014-C18

JPM2014-C19

JPM2014-C20

JPM2014-C21

JPM2014-C22

JPM2014-C23

JPM2014-C24

JPM2014-C26

JPMB2014-C25

JPMC 12-CIBX

JPMC 12-LC9

JPMC 13-LC11

JPMC 2011-C5

JPMC 2012-C6

JPMC 2012-C8

JPMC 2013-C10

JPMC2013-C17

JPM CHAS 2006-CIBC16

JPM CHAS 2007-CIBC18

JPM CHAS 2007-CIBC20

JPM CHASE 2006-LDP6

JPM CHASE 2007-C1

JPM CHASE 2007-LDP10

JP MORGAN 2006-FL2

JPMORGAN 2006-LDP7

JP MORGAN 2007-FL1

LEHMLMT20062

LEHMLMT20064

LEHMLMT20068

LEHMLMT20072

LEHMLMT20076

LEHMLMT20077

LEHMLMT20078

LEHMLXS20061

LEHMLXS200610N

LEHMLXS200611

LEHMLXS200612N

LEHMLXS200613

LEHMLXS200615

LEHMLXS200617

LEHMLXS200618N

LEHMLXS200619

LEHMLXS200620

LEHMLXS20063

LEHMLXS20065

LEHMLXS20067

LEHMLXS20068

LEHMLXS20071

LEHMLXS200711

LEHMLXS200712N

LEHMLXS200714H

LEHMLXS200715N

LEHMLXS20072N

LEHMLXS20073

LEHMLXS20074N

LEHMLXS20076

LEHMLXS20078H

LEHMLXS20079

LEHMSARM200611

LEHMSARM200612

LEHMSARM200710

LEHMSARM20075

LEHMSARM20077

LEHMSARM20078

LEHMSASCO063H

LEHMSASCO2007BC2

LEHMSASCO2007BC4

LMT 2006-5

LMT 2006-7

LMT 2007-10

LMT 2007-4

LMT 2007-5

LMT 2007-9

LMT 2008-2

LUMINENT 06-3

LUMINENT 2006-2

LUMINENT 2006-4

LUMINENT 2006-5

LUMINENT 2006-6

LUMINENT 2006-7

LUMINENT 2007-1

LUMINENT 2007-2

MABS 2006-AB1

MABS 2006-FRE1

MABS 2006-HE1

MABS 2006-HE2

MABS 2006-HE3

MABS 2006-HE4

MABS 2006-HE5

MABS 2006-WMC1

MABS 2006-WMC2

MABS 2006-WMC3

MABS 2006-WMC4

MABS 2007-HE1

MABS 2007-HE2

MABS 2007-WMC1

MALT 2006-1

MALT 2006-2

MALT 2006-3

MALT 2007-1

MALT 2007-HF1

MANA 2007-A1

MANA 2007-A2

MANA 2007-A3

MANA 2007-AF1 (I)

MANA 2007-AF1 (II)

MANA 2007-F1

MANA 2007-OAR1

MANA 2007-OAR2

MANA 2007-OAR3

MANA 2007-OAR4

MANA 2007-OAR5

MARM 2006-2

MARM 2006-OA1

MARM 2006-OA2

MARM 2007-1

MARM 2007-2

MARM 2007-3

MARM 2007-HF1

MARM 2007-HF2

MASL 2006-1

MASTR 2006-1

MASTR 2006-2

MASTR 2006-3

MASTR 2007-1

MLCC 2006-1

MLCC 2006-2

MLCC 2006-3

MLCC 2007-1

MLCC 2007-2

MLCC 2007-3

MLMBS 2007-1

MLMBS 2007-2

MLMBS 2007-3

MLMI 2006-A1

MLMI 2006-A2

MLMI 2006-A3

MLMI 2006-A4

MLMI 2006-AF1

MLMI 2006-AF2 (I)

MLMI 2006-AF2 (II)

MLMI 2006-F1

MLMI2006FM1

MLMI 2006-HE1

MLMI2006HE2

MLMI2006HE3

MLMI 2006-OPT1

MLMI2006RM1

MLMI2006SL1

MLMI2006SL2

MLMI 2006-WMC1

MLMI2006WMC2

MLMI2007HE2

MORG2012C5

MORG2013C7

MRGN2006HE3

MRGN2006HE4

MRGN2006HE5

MRGN2006HE6

MRGN2006HE7

MRGN20071

MRGN2007HE2

MRGN2007HE3

MSAC 2006-HE1

MSAC 2006-HE2

MSAC 2006-HE8

MSAC 2006-WMC1

MSAC 2006-WMC2

MSAC 2007-HE5

MSAC 2007-HE6

MSAC 2007-HE7

MSBAM 12-C6

MSBAM 13-C8

MSBAM 13-C9

MSBAM14-C19

MSBAM 2013-C10

MSBAM2013-C11

MSBAM2013-C12

MSBAM2013-C13

MSBAM2014-C14

MSBAM2014-C15

MSBAM2014C17

MSC 2006-IQ12

MSC 2007-HQ11

MSC 2007-HQ13

MSCC 11-C3

MSCC 12-C4

MSCC HELOC 2007-1

MSCI 2007-IQ15

MSM 2006-11

MSM 2006-3AR

MSM 2006-5AR

MSM 2006-6AR

MSM 2006-7

MSM 2006-8AR

MSM 2007-12

MSM 2007-13

MSM 2007-14AR

MSSTI 2007-1

NAAC 2006-AF1

NAAC 2006-AF2

NAAC 2006-AP1

NAAC 2006-AR1

NAAC 2006-AR2

NAAC 2006-AR3

NAAC 2006-AR4

NAAC 2006-WF1

NAAC 2007-1

NAAC 2007-2

NAAC 2007-3

NCMT 2008-1

NEWCASTLE 2007-1

NHEL 2006-AF1

NHEL 2006-FM1

NHEL 2006-FM2

NHEL 2006-HE1

NHEL 2006-HE2

NHEL 2006-HE3

NHEL 2006-WF1

NHEL 2007-1

NHEL 2007-2

NHEL 2007-3

NRPMT2013-1

OPTION ONE 2006-1

OPTION ONE 2006-2

OPTION ONE 2006-3

OPTION ONE 2007-1

OPTION ONE 2007-2

OPTION ONE 2007-3

OPTION ONE 2007-4

OPTION ONE 2007-5

OPTION ONE 2007-6

OPTION ONE 2007-CP1

OPTION ONE 2007-FXD1

OPTION ONE 2007-FXD2

OPTION ONE 2007-HL1

OWNIT 2006-2

PC 2006-1

PHH 2008-CIM1

PHH 2008-CIM2

PHHAM 2007-1

PHHAM 2007-2

PHHAM 2007-3

PRIME 2006-1

PRIME 2006-CL1

RBSCF2013-GSP

RBSGC 2007-B

RENAISSANCE 2006-1

RENAISSANCE 2006-2

RENAISSANCE 2006-3

RENAISSANCE 2006-4

RENAISSANCE 2007-1

RENAISSANCE 2007-2

RENAISSANCE 2007-3

RFCO2006EFC1

RFCO2006EFC2

RFCO2006EMX1

RFCO2006EMX2

RFCO2006EMX3

RFCO2006EMX4

RFCO2006EMX5

RFCO2006EMX6

RFCO2006EMX7

RFCO2006EMX8

RFCO2006EMX9

RFCO2006HI1

RFCO2006HI2

RFCO2006HI3

RFCO2006HI4

RFCO2006HI5

RFCO2006HSA1

RFCO2006HSA2

RFCO2006HSA3

RFCO2006HSA4

RFCO2006HSA5

RFCO2006KS1

RFCO2006KS2

RFCO2006KS3

RFCO2006KS4

RFCO2006KS5

RFCO2006KS6

RFCO2006KS7

RFCO2006KS8

RFCO2006KS9

RFCO2006NC1

RFCO2006NC2

RFCO2006NC3

RFCO2006QA1

RFCO2006QA10

RFCO2006QA11

RFCO2006QA2

RFCO2006QA3

RFCO2006QA4

RFCO2006QA5

RFCO2006QA6

RFCO2006QA7

RFCO2006QA8

RFCO2006QA9

RFCO2006QH1

RFCO2006QO1

RFCO2006QO10

RFCO2006QO2

RFCO2006QO3

RFCO2006QO4

RFCO2006QO5

RFCO2006QO6

RFCO2006QO7

RFCO2006QO8

RFCO2006QO9

RFCO2006QS1

RFCO2006QS10

RFCO2006QS11

RFCO2006QS12

RFCO2006QS13

RFCO2006QS14

RFCO2006QS15

RFCO2006QS16

RFCO2006QS17

RFCO2006QS18

RFCO2006QS2

RFCO2006QS3

RFCO2006QS4

RFCO2006QS5

RFCO2006QS6

RFCO2006QS7

RFCO2006QS8

RFCO2006QS9

RFCO2006RS1

RFCO2006RS2

RFCO2006RS3

RFCO2006RS4

RFCO2006RS5

RFCO2006RS6

RFCO2006RZ1

RFCO2006RZ2

RFCO2006RZ3

RFCO2006RZ4

RFCO2006RZ5

RFCO2006S1

RFCO2006S10

RFCO2006S11

RFCO2006S12

RFCO2006S2

RFCO2006S3

RFCO2006S4

RFCO2006S5

RFCO2006S6

RFCO2006S7

RFCO2006S8

RFCO2006S9

RFCO2006SA1

RFCO2006SA2

RFCO2006SA3

RFCO2006SA4

RFCO2006SP1

RFCO2006SP2

RFCO2006SP3

RFCO2006SP4

RFCO2007EMX1

RFCO2007HI1

RFCO2007HSA1

RFCO2007HSA2

RFCO2007HSA3

RFCO2007KS1

RFCO2007KS2

RFCO2007KS3

RFCO2007KS4

RFCO2007QA1

RFCO2007QA2

RFCO2007QA3

RFCO2007QA4

RFCO2007QA5

RFCO2007QH1

RFCO2007QH2

RFCO2007QH3

RFCO2007QH4

RFCO2007QH5

RFCO2007QH6

RFCO2007QH7

RFCO2007QH8

RFCO2007QH9

RFCO2007QO1

RFCO2007QO2

RFCO2007QO3

RFCO2007QO4

RFCO2007QO5

RFCO2007QS1

RFCO2007QS10

RFCO2007QS11

RFCO2007QS2

RFCO2007QS3

RFCO2007QS4

RFCO2007QS5

RFCO2007QS6

RFCO2007QS7

RFCO2007QS8

RFCO2007QS9

RFCO2007RS1

RFCO2007RS2

RFCO2007RZ1

RFCO2007S1

RFCO2007S2

RFCO2007S3

RFCO2007S4

RFCO2007S5

RFCO2007S6

RFCO2007S7

RFCO2007S8

RFCO2007S9

RFCO2007SA1

RFCO2007SA2

RFCO2007SA3

RFCO2007SA4

RFCO2007SP1

RFCO2007SP2

RFCO2007SP3

SABR 2006-FR1

SABR 2006-FR2

SABR 2006-FR3

SABR 2006-HE1

SABR 2006-HE2

SABR 2006-NC1

SABR 2006-OP1

SABR 2006-WM1

SABR 2006-WM2

SABR2006-WM3

SACO 2007-1

SAIL 2006-1

SAIL 2006-2

SAIL 2006-3

SAIL 2006-4

SAMI II 2006-AR1

SAMI II 2006-AR2

SAMI II 2006-AR3

SAMI II 2006-AR4

SAMI II 2006-AR5

SAMI II 2006-AR8

SAMI II 2007-AR1

SAMI II 2007-AR2

SAMI II 2007-AR3

SAMI II 2007-AR4

SAMI II 2007-AR5

SAMI II 2007-AR6

SAMI II 2007-AR7

SARM 2006-1

SARM 2006-2

SARM 2006-3

SARM 2006-4

SARM 2006-5

SARM 2006-6

SARM 2006-7

SARM 2006-8

SARM 2007-11

SARM 2007-3

SARM 2007-4

SARM 2007-6

SARM 2007-9

SASCO 2006-BC1

SASCO 2006-BC2

SASCO 2006-BC3

SASCO 2006-BC5

SASCO 2006-BC6

SASCO 2006-OPT1

SASCO 2006-WF1

SASCO 2006-WF2

SASCO 2006-WF3

SASCO 2007-BC1

SASCO 2007-BC3

SASCO 2007-WF1

SASCO 2007-WF2

SASCO TIAA 2007-C4

SEMT 2011-1

SEMT 2011-2

SEMT 2012-1

SEMT 2012-2

SEMT 2012-3

SEMT 2012-4

SEMT 2012-5

SEMT 2012-6

SEMT 2013-1

SEMT 2013-2

SEMT 2013-3

SEMT 2013-4

SEMT 2013-5

SEMT 2013-6

SEMT 2013-7

SEQUOIA 10H1

SEQUOIA 2006-1

SEQUOIA 2007-1

SEQUOIA 2007-2

SEQUOIA 2007-3

SEQUOIA 2007-4

SGMS 2006-FRE1

SGMS 2006-FRE2

SGMS 2006-OPT2

SMTS2013-10

SMTS2013-11

SMTS2013-12

SMTS2013-8

SMTS2013-9

SMTS2014-1

SMTS2014-2

SMTS2014-3

SMTS2014-4

SQALT 2006-1

STARM 2007-2

STARM 2007-3

SV 2007-OPT1

SV 2007-OPT2

SV 2007-OPT3

SV 2007-OPT4

SV 2007-OPT5

WACHOVIA 2006-C23

WACHOVIA 2006-C25

WACHOVIA 2006-C26

WACHOVIA 2006-C27

WACHOVIA 2006-C28

WACHOVIA 2006-C29

WACHOVIA 2007-30

WACHOVIA 2007-C31

WACHOVIA 2007-C32

WACHOVIA 2007-C33

WACHOVIA 2007-C34

WFALT 2007-PA1

WFALT 2007-PA2

WFALT 2007-PA3

WFALT 2007-PA4

WFALT 2007-PA5

WFALT 2007-PA6

WFCM 12-LC5

WFCM2014-LC16

WFCM2014-LC18

WFCMT 2013-LC12

WFHET 2006-1

WFHET 2006-2

WFHET 2006-3

WFHET 2007-1

WFHET 2007-2

WFHM 2007-M04

WFMBS 06-AR1

WFMBS 06-AR2

WFMBS 06-AR3

WFMBS 06-AR4

WFMBS 06-AR5

WFMBS 06-AR6

WFMBS 06-AR7

WFMBS 06-AR8

WFMBS 2006-1

WFMBS 2006-10

WFMBS 2006-11

WFMBS 2006-12

WFMBS 2006-13

WFMBS 2006-14

WFMBS 2006-15

WFMBS 2006-16

WFMBS 2006-17

WFMBS 2006-18

WFMBS 2006-19

WFMBS 2006-2

WFMBS 2006-20

WFMBS 2006-3

WFMBS 2006-4

WFMBS 2006-5

WFMBS 2006-6

WFMBS 2006-7

WFMBS 2006-8

WFMBS 2006-9

WFMBS 2006-AR1

WFMBS 2006-AR11

WFMBS 2006-AR12

WFMBS 2006-AR13

WFMBS 2006-AR14

WFMBS 2006-AR15

WFMBS 2006-AR16

WFMBS 2006-AR17

WFMBS 2006-AR18

WFMBS 2006-AR19

WFMBS 2007-1

WFMBS 2007-10

WFMBS 2007-11

WFMBS 2007-12

WFMBS 2007-13

WFMBS 2007-14

WFMBS 2007-15

WFMBS 2007-16

WFMBS 2007-17

WFMBS 2007-2

WFMBS 2007-3

WFMBS 2007-4

WFMBS 2007-5

WFMBS 2007-6

WFMBS 2007-7

WFMBS 2007-8

WFMBS 2007-9

WFMBS 2007-AR10

WFMBS 2007-AR3

WFMBS 2007-AR4

WFMBS 2007-AR5

WFMBS 2007-AR6

WFMBS 2007-AR7

WFMBS 2007-AR8

WFMBS 2007-AR9

WFMBS 2008-1

WFMBS 2008-AR1

WFMBS 2008-AR2

WFRBS 11-C5

WFRBS 12-C10

WFRBS 12-C6

WFRBS 12-C7

WFRBS 12-C8

WFRBS 12-C9

WFRBS 13-C11

WFRBS 13-C12

WFRBS 13-C13

WFRBS 13-C14

WFRBS2013-C15

WFRBS2013-C16

WFRBS2013-C17

WFRBS2013-C18

WFRBS2013-UBS1

WFRBS2014-C19

WFRBS2014-C20

WFRBS2014-C21

WFRBS2014-C22

WFRBS2014-C23

WFRBS2014-C24

WFRBS2014-C25

WFRBS2014-LC14

WMCMWMC20061

EX-33.5 7 jpc12lc9_33-5.htm

EX‑33.5

(logo) PENTALPHA SURVEILLANCE

March 4, 2015

Management’s Report on Assessment of 2014 Compliance by Pentalpha

Surveillance, LLC With Applicable Regulation AB Servicing Criteria

Pentalpha Surveillance, LLC (the Asserting Party) is responsible for assessing its compliance, as of and for the year ended December 31, 2014, with the servicing criteria set forth in Title 17, Section 229.1122(d) of the Code of Federal Regulations.

The assessment concerns the Asserting Party’s servicing efforts for its servicing “Platform,” which consists of its servicing activities encompassed by contractual obligations to perform Regulation AB reporting (see the Exhibit for a list of the Asserting Party’s Platform of required reporting by the servicing agreements).

The Asserting Party has assessed its compliance with the applicable servicing criteria as of and for the year ended December 31, 2014. The Asserting Party used the criteria in Paragraph (d) of Section 1122 of Regulation AB (17 C.F.R. 229.1122) to assess its compliance.

Based on such assessment, the Asserting Party believes that as of and for the year ended December 31, 2014, the Asserting Party has complied in all material respects with the servicing criteria set forth in Item 1122(d) of Regulation AB relating to its operational advisor role in the servicing of the Platform, except for servicing criteria 1122(d)(1)(i-iv), 1122(d)(2)(i-vii), 1122(d)(3)(i)(C-D) 1122(d)(3)(ii-iv), 1122(d)(4)(i-vi) and 1122(d)(4)(viii-xv), which the Asserting Party has determined as being inapplicable to the activities it performs with respect to the Platform being serviced (the “applicable servicing criteria”).

McGladrey LLP, an independent registered public accounting firm, has issued an attestation report on the assessment of compliance with the applicable servicing criteria for the reporting period as set forth in this assertion.

Appendix A

Regulation AB Reference	Servicing Criterion

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.

Applicability/Compliance:	Not applicable.


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.

Applicability/Compliance:	Not applicable.


1122(d)(1)(iii)	Any requirements in the transaction agreements to maintain a backup servicer for the pool assets are maintained.

Applicability/Compliance:	Not applicable.


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.

Applicability/Compliance:	Not applicable.


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 of receipt, or such other number of days specified in the transaction agreements.

Applicability/Compliance:	Not applicable.


1122(d)(2)(ii)	Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel.

Applicability/Compliance:	Not applicable.


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.

Applicability/Compliance:	Not applicable.

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.

Applicability/Compliance:	Not applicable.


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 §240.13k-1(b)(1) of this chapter.

Applicability/Compliance:	Not applicable.


1122(d)(2)(vi)	Unissued checks are safeguarded so as to prevent unauthorized access.

Applicability/Compliance:	Not applicable.


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: (A) are mathematically accurate; (B) are prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) are 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.

Applicability/Compliance:	Not applicable.


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 are prepared in accordance with time frames and other terms set forth in the transaction agreements.

Applicability/Compliance:	Applicable.





1122(d)(3)(i)(B)	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 provide information calculated in accordance with the terms specified in the transaction agreements.

Applicability/Compliance:	Applicable.


1122(d)(3)(i)(C)	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 are filed with the Commission as required by its rules and regulations.

Applicability/Compliance:	Not Applicable.


1122(d)(3)(i)(D)	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 agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of pool assets serviced by the servicer.

Applicability/Compliance:	Not Applicable.


1122(d)(3)(ii)	Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreements.

Applicability/Compliance:	Not applicable.


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 agreements.

Applicability/Compliance:	Not applicable.


1122(d)(3)(iv)	Amounts remitted to investors per the investor reports agree with canceled checks, or other form of payment, or custodial bank statements.

Applicability/Compliance:	Not applicable.


1122(d)(4)(i)	Collateral or security on pool assets is maintained as required by the transaction agreements or related pool asset documents.

Applicability/Compliance:	Not applicable.


1122(d)(4)(ii)	Pool assets and related documents are safeguarded as required by the transaction agreements.

Applicability/Compliance:	Not applicable.


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.

Applicability/Compliance:	Not applicable.


1122(d)(4)(iv)	Payments on pool assets, including any payoffs, made in accordance with the related pool asset documents are posted to the applicable 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 pool asset documents.

Applicability/Compliance:	Not applicable.


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.

Applicability/Compliance:	Not applicable.


1122(d)(4)(vi)	Changes with respect to the terms or status of an obligor’s pool asset (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.

Applicability/Compliance:	Not applicable.

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 time frames or other requirements established by the transaction agreements.

Applicability/Compliance:	Applicable.


1122(d)(4)(viii)	Records documenting collection efforts are maintained during the period a pool asset 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 unemployment).

Applicability/Compliance:	Not applicable.


1122(d)(4)(ix)	Adjustments to interest rates or rates of return for pool assets with variable rates are computed based on the related pool asset documents.

Applicability/Compliance:	Not applicable.


1122(d)(4)(x)	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; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable pool asset documents and state laws; and (C) such funds were returned to the obligor within 30 calendar days of full repayment of the related pool asset, or such other number of days specified in the transaction agreements.

Applicability/Compliance:	Not applicable.


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.

Applicability/Compliance:	Not applicable.


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.

Applicability/Compliance:	Not applicable.

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.

Applicability/Compliance:	Not applicable.


1122(d)(4)(xiv)	Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements.

Applicability/Compliance:	Not applicable.


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.

Applicability/Compliance:	Not applicable.

March 4, 2015

/s/ James Callahan

James Callahan, Executive Director

/s/ Don Simon

Don Simon, Chief Operating Officer

Appendix B

Issuer	Platform and Public Name of Securitization	Master Servicer

UBS Commercial Mortgage Securitization Corp.	UBS-Barclays Commercial Mortgage Trust 2012-C2, Commercial Mortgage Pass-Through Certificates, Series 2012-C2	Wells Fargo Bank, National Association

Wells Fargo Commercial Mortgage Securities, Inc.	Commercial Mortgage Pass-Through Certificates, Series 2012-C8	Wells Fargo Bank, National Association

J.P. Morgan Chase Commercial Mortgage Securities Corp.	J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-C8 Commercial Mortgage Pass-Through Certificates, Series 2012-C-8	Keycorp Real Estate Capital Markets, Inc.

GS Mortgage Securities Corporation II	Commercial Mortgage Pass-Through Certificates, Series 2012-GCJ9	Wells Fargo Bank, National Association

Wells Fargo Commercial Mortgage Securities, Inc.	Commercial Mortgage Pass-Through Certificates, Series 2012-C10	Wells Fargo Bank, National Association

J.P. Morgan Chase Commercial Mortgage Securities Corp.	J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-LC9 Commercial Mortgage Pass-Through Certificates, Series 2012-LC9	Midland Loan Services, a division of PNC Bank, National Association


Issuer	Platform and Public Name of Securitization	Master Servicer

Wells Fargo Commercial Mortgage Securities, Inc.	Commercial Mortgage Pass-Through Certificates, Series 2013-C12	Wells Fargo Bank, National Association

Citigroup Commercial Mortgage Securities, Inc.	Commercial Mortgage Pass-Through Certificates, Series 2013-GCJ11	Wells Fargo Bank, National Association

Wells Fargo Commercial Mortgage Securities, Inc.	Commercial Mortgage Pass-Through Certificates, Series 2013-C14	Wells Fargo Bank, National Association

J.P. Morgan Chase Commercial Mortgage Securities, Corp.	J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-LC11 Commercial Mortgage Pass-Through Certificates, Series 2013-LC11	Midland Loan Services, a division of PNC Bank, National Association

J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2013-C12 Commercial Mortgage Pass-Through Certificates, Series 2013-C12	Midland Loan Services, a division of PNC Bank, National Association

J.P. Morgan Chase Commercial Mortgage Securities, Corp.	J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-C13 Commercial Mortgage Pass-Through Certificates, Series 2013-C13	Midland Loan Services, a division of PNC Bank, National Association

J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2013-C14 Commercial Mortgage Pass-Through Certificates, Series 2013-C14	Midland Loan Services, a division of PNC Bank, National Association

GS Mortgage Securities Corporation II	Commercial Mortgage Pass-Through Certificates, Series 2013-GCJ14	Wells Fargo Bank, National Association

Wells Fargo Commercial Mortgage Securities, Inc.	Commercial Mortgage Pass-Through Certificates, Series 2013-C16	Wells Fargo Bank, National Association

J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2013-C15 Commercial Mortgage Pass-Through Certificates, Series 2013-C15	Wells Fargo Bank, National Association

Issuer	Platform and Public Name of Securitization	Master Servicer

J.P. Morgan Chase Commercial Mortgage Securities, Corp.	J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-C16 Commercial Mortgage Pass-Through Certificates, Series 2013-C16	Wells Fargo Bank, National Association

Citigroup Commercial Mortgage Securities, Inc.	Commercial Mortgage Pass-Through Certificates, Series 2013-GC17	Wells Fargo Bank, National Association

J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2013-C17 Commercial Mortgage Pass-Through Certificates, Series 2013-C17	Wells Fargo Bank, National Association

Wells Fargo Commercial Mortgage Securities, Inc.	Commercial Mortgage Pass-Through Certificates, Series 2013-C18	Wells Fargo Bank, National Association
J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2014-C18 Commercial Mortgage Pass-Through Certificates, Series 2014-C18	Midland Loan Services, a division of PNC Bank, National Association
Wells Fargo Commercial Mortgage Securities, Inc.	Commercial Mortgage Pass-Through Certificates, Series 2014-C20	Wells Fargo Bank, National Association
J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2014-C19 Commercial Mortgage Pass-Through Certificates, Series 2014-C19	KeyBank, National Association
J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMCC Commercial Mortgage Securities Trust 2014-C20 Commercial Mortgage Pass-Through Certificates, Series 2014-C20	Wells Fargo Bank, National Association
GS Mortgage Securities Corporation II	Commercial Mortgage Pass-Through Certificates, Series 2014-GC22	Wells Fargo Bank, National Association

J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2014-C21 Commercial Mortgage Pass-Through Certificates, Series 2014-C21	Wells Fargo Bank, National Association

Issuer	Platform and Public Name of Securitization	Master Servicer

J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2014-C22 Commercial Mortgage Pass-Through Certificates, Series 2014-C22	Wells Fargo Bank, National Association
J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2014-C23 Commercial Mortgage Pass-Through Certificates, Series 2014-C23	Wells Fargo Bank, National Association
J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2014-C24 Commercial Mortgage Pass-Through Certificates, Series 2014-C24	Wells Fargo Bank, National Association
J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2014-C25 Commercial Mortgage Pass-Through Certificates, Series 2014-C25	Wells Fargo Bank, National Association
J.P. Morgan Chase Commercial Mortgage Securities, Corp.	JPMBB Commercial Mortgage Securities Trust 2014-C26 Commercial Mortgage Pass-Through Certificates, Series 2014-C26	Midland Loan Services, a division of PNC Bank, National Association
Wells Fargo Commercial Mortgage Securities, Inc.	Commercial Mortgage Pass-Through Certificates, Series 2014-C22	Wells Fargo Bank, National Association
Wells Fargo Commercial Mortgage Securities, Inc.	Commercial Mortgage Pass-Through Certificates, Series 2014-C24	Wells Fargo Bank, National Association
GS Mortgage Securities Corporation II	Commercial Mortgage Pass-Through Certificates, Series 2014-GC26	Wells Fargo Bank, National Association

Deutsche Mortgage & Asset Receiving Corporation

Commercial Mortgage Pass-Through Certificates, Series 2014-UBS6

KeyBank, National Association

Morgan Stanley Capital I Inc.

Commercial Mortgage Pass-Through Certificates, Series 2014-C17

Wells Fargo Bank, National Association

EX-34.1 8 jpc12lc9_34-1.htm

EX‑34.1

(logo) pwc

Report of Independent Registered Public Accounting Firm

To the Board of Directors, PNC Financial Services Group, Inc.:

We have examined management's assertion, included in the accompanying Report on Assessment of

Compliance with Regulation AB Servicing Criteria, that Midland Loan Services, a division of PNC Bank,

National Association ("Midland" or the "Company") complied with the servicing criteria set forth in Item

1122(d) of the Securities and Exchange Commission's Regulation AB for the commercial mortgage-backed

securities transactions (the "Platform"), as of December 31, 2014 and for the year then ended, excluding

criteria 1122(d)(1)(iii), 1122(d)(3)(i)(B), 1122(d)(3)(i)(C), 1122(d)(3)(i)(D), 1122(d)(3)(ii), 1122(d)(3)(iii),

1122(d)(3)(iv), and 1122(d)(4)(xv), which the Company has determined are not applicable to the servicing

activities performed by it with respect to the Platform. Management is responsible for the Company's

compliance with the servicing criteria. Our responsibility is to express an opinion on management's

assertion based on our examination.

Our examination was conducted in accordance with attestation standards of the Public Company

Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis,

evidence about the Company's compliance with the applicable servicing criteria and performing such other

procedures as we considered necessary in the circumstances. Our examination included testing of selected

asset-backed transactions and securities that comprise the Platform, testing of selected servicing activities

related to the Platform, and determining whether the Company processed those selected transactions and

performed those selected activities in compliance with the applicable servicing criteria. Our procedures

were limited to the selected transactions and servicing activities performed by the Company during the

period covered by this report. Our procedures were not designed to detect noncompliance arising from

errors that may have occurred prior to or subsequent to our tests that may have affected the balances or

amounts calculated or reported by the Company during the period covered by this report. We believe that

our examination provides a reasonable basis for our opinion. Our examination does not provide a legal

determination on the Company's compliance with the servicing criteria.

In our opinion, management's assertion that Midland complied with the aforementioned applicable

servicing criteria as of and for the year ended December 31, 2014 for the Platform is fairly stated, in all

material respects.

/s/ PricewaterhouseCoopers LLP

February 25, 2015

PricewaterhouseCoopers LLP, 1100 Walnut Street, Suite 1300, Kansas City, MO 64106

T: (816) 472 7921, F: (816) 218 1890 www.pwc.com/us

EX-34.2 9 jpc12lc9_34-2.htm

EX‑34.2

(logo) NDB LLP

Accountants & Consultants

Report of Independent Registered Public Accounting Firm

Senior Management

Rialto Capital Advisors, LLC

We have examined Management’s Assertion, included in the accompanying Management’s Assertion on Compliance with Applicable Regulation AB Servicing Criteria (“Management Assertion”), that Rialto Capital Advisors, LLC (“Rialto”), complied with the servicing criteria set forth in Item 1122(d) of the Securities and Exchange Commission’s (SEC) Regulation AB with respect to the commercial mortgage loan platform (“Regulation AB Platform”) as defined in the Management Assertion related to the below-named Commercial Mortgage-Asset Backed Securities Transactions, except for any instances of material non-compliance described therein, as of December 31, 2014, and for the reporting period of January 1, 2014, to December 31, 2014, or the applicable shorter period there within, excluding criteria 1122 (d)(1)(iii), (d)(3)(ii), (d)(3)(iii), (d)(3)(iv), (d)(4)(iv), (d)(4)(v), (d)(4)(ix), (d)(4)(x) (d)(4)(xi), (d)(4)(xii), (d)(4)(xiii), (d)(4)(xiv), and (d)(4)(xv), which management has determined are not applicable to the activities performed by Rialto with respect to the platform.

Pooling and Servicing Agreements	Applicable Certification Period
WFRBS 2012-C8	January 1, 2014, to December 31, 2014
FDIC 2012-C1	January 1, 2014, to December 31, 2014
WFCM 2012-LC5	January 1, 2014, to December 31, 2014
UBS-Barclays 2012-C3	January 1, 2014, to December 31, 2014
UBS-Barclays 2012-C4	January 1, 2014, to December 31, 2014
GSMS 2012-GCJ9	January 1, 2014, to December 31, 2014
JPMCC 2012-LC9	January 1, 2014, to December 31, 2014
COMM 2013-LC6	January 1, 2014, to December 31, 2014
WFRBS 2013-C12	January 1, 2014, to December 31, 2014
UBS-Barclays 2013-C6	January 1, 2014, to December 31, 2014
GSMS 2013-GCJ12	January 1, 2014, to December 31, 2014
WFRBS 2013-C14	January 1, 2014, to December 31, 2014
WFRBS 2011-C5	January 1, 2014, to December 31, 2014
WFCM 2013-LC12	January 1, 2014, to December 31, 2014
WFRBS 2011-C2	January 1, 2014, to December 31, 2014
WFRBS 2011-C3	January 1, 2014, to December 31, 2014
WFRBS 2011-C4	January 1, 2014, to December 31, 2014
UBS-Citigroup 2011-C1	January 1, 2014, to December 31, 2014
UBS 2012-C1	January 1, 2014, to December 31, 2014
WFRBS 2012-C6	January 1, 2014, to December 31, 2014
GSMS 2011-GC3	January 1, 2014, to December 31, 2014
COMM 2013-LC13	January 1, 2014, to December 31, 2014
WFRBS 2013-C16	January 1, 2014, to December 31, 2014
GSMS 2013-GCJ16	January 1, 2014, to December 31, 2014
WFRBS 2013-C17	January 1, 2014, to December 31, 2014
GSMS 2012-GC6	January 1, 2014, to December 31, 2014
MSBAM 2013-C13	January 1, 2014, to December 31, 2014
COMM 2014-CCRE14	January 22, 2014, to December 31, 2014
MSBAM 2014-C14	February 14, 2014, to December 31, 2014
WFRBS 2014-LC14	February 20, 2014, to December 31, 2014
COMM 2014-LC15	March 25, 2014, to December 31, 2014
WFRBS 2014-C20	May 13, 2014, to December 31, 2014
COMM 2014-CCRE18	June 27, 2014, to December 31, 2014
CGCMT 2014-GC23	August 7, 2014, to December 31, 2014
MSBAM 2014-C17	August 14, 2014, to December 31, 2014
COMM 2014-UBS5	September 23, 2014, to December 31, 2014
MSBAM 2014-C18	September 29, 2014, to December 31, 2014
COMM 2012-CCRE4	October 6, 2014, to December 31, 2014
COMM 2012-LC4	October 6, 2014, to December 31, 2014
WFRBS 2014-C24	November 18, 2014, to December 31, 2014
JPMBB 2014-C25	November 24, 2014, to December 31, 2014
LCCM 2014-909	June 23, 2014, to December 31, 2014
MLMI 1998-C3	June 19, 2014, to December 31, 2014
Carefree Portfolio Trust 2014-CARE MZ A	November 26, 2014, to December 31, 2014
WFCM 2014-LC18	December 30, 2014, to December 31, 2014

Management is responsible for Rialto’s compliance with the servicing criteria. Our responsibility is to express an opinion on Management’s Assertion about Rialto’s compliance with the relevant servicing criteria based on our examination.

Our examination was conducted in accordance with standards of the Public Company Accounting Oversight Board (PCAOB) (United States) and, accordingly, included examining on a test basis, evidence about Rialto’s compliance with the servicing criteria and performing such other procedures as we considered necessary in the circumstances. Our examination included a selection of samples of transactions and compliance activities related to the platform during the examination period and determining whether Rialto processed those transactions and performed those activities in compliance with the relevant servicing criteria. Our testing of selected transactions and compliance activities was limited to calculations, reports, and activities performed by Rialto during the period covered by this report. Our procedures did not include determining whether errors may have occurred prior to our tests that may have affected the balances or amounts calculated or reported by Rialto during the period covered by this report for the selected transactions or any other transaction. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on Rialto’s compliance with the servicing criteria.

In our opinion, Management’s Assertion that Rialto complied with the relevant servicing criteria related to the aforementioned Commercial Mortgage-Asset Backed Securities Transactions, backed by the mortgage collateral pledged under such Commercial Mortgage-Asset Backed Securities Transactions, as of December 31, 2014, and the aforementioned reporting period then ended, is fairly stated, in all material respects.

/s/ NDB Accountants & Consultants, LLP

Atlanta, Georgia.

March 5, 2015.

NDB, A PCAOB Registered CPA Firm

EX-34.3 10 jpc12lc9_34-3.htm

EX‑34.3

(logo) KPMG

KPMG LLP

Aon Center

Suite 5500

200 East Randolph Drive

Chicago, IL 60601-6436

Report of Independent Registered Public Accounting Firm

The Board of Directors

The Corporate Trust Services division of Wells Fargo Bank, National Association:

We have examined management’s assessment, included in the accompanying Assessment of Compliance with the Applicable Servicing Criteria, that the Corporate Trust Services division of Wells Fargo Bank, National Association (the “Company”) complied with the servicing criteria set forth in Item 1122(d) of the Securities and Exchange Commission’s Regulation AB for commercial mortgage-backed securities (“CMBS”) transactions backed by pools of commercial mortgage loans and/or backed by CMBS for which the Company provides trustee, securities administration and/or paying agent services and where some or all of the offered securities for such CMBS transactions were either (a) publicly-issued pursuant to a registration statement delivered under the Securities Act of 1933, or (b) privately-issued pursuant to an exemption from registration where the Company has an obligation under the transaction agreements to deliver an assessment of compliance with the applicable servicing criteria under Item 1122(d) of Regulation AB; provided however that, the platform excludes any transactions (i) where the offered securities were issued, sponsored or guaranteed by any agency or instrumentality of the U.S. government or any government sponsored entity, and (ii) where the offered securities were issued pursuant to a transaction that closed prior to January 1, 2006 and for which the Company outsources all material servicing activities (as defined by Regulation AB) (the “CMBS Platform”) to the extent required in the related transaction agreements, in regards to the activities performed by the Company, except for the following servicing criteria: 1122(d)(4)(ii), 1122(d)(4)(iv), 1122(d)(4)(v), 1122(d)(4)(vi), 1122(d)(4)(vii), 1122(d)(4)(viii), 1122(d)(4)(ix), 1122(d)(4)(x), 1122(d)(4)(xi), 1122(d)(4)(xii), 1122(d)(4)(xiii) and 1122(d)(4)(xiv), which management has determined are not applicable to the activities the Company performed with respect to the CMBS Platform as of and for the twelve months ended December 31, 2014 (the “Applicable Servicing Criteria”). With respect to applicable servicing criteria 1122(d)(2)(iii) and 1122(d)(4)(iii), management has determined that there were no activities performed during the twelve months ended December 31, 2014 with respect to the CMBS Platform, because there were no occurrences of events that would require the Company to perform such activities. Appendix A to the Assessment of Compliance with the Applicable Servicing Criteria identifies the individual transactions defined by management as constituting the CMBS Platform. Management is responsible for the Company’s compliance with the servicing criteria. Our responsibility is to express an opinion on management’s assessment about the Company’s compliance based on our examination.

Our examination was conducted in accordance with the attestation standards of the Public Company Accounting Oversight Board (United States)and, accordingly, included examining, on a test basis, evidence about the Company’s compliance with the servicing criteria specified above and performing such other procedures as we considered necessary in the circumstances. Our examination included testing selected asset-backed transactions and securities that comprise the CMBS Platform, testing selected servicing activities related to the CMBS Platform, and determining whether the Company processed those selected transactions and performed those selected activities in compliance with the servicing criteria. Furthermore, our procedures were limited to the selected transactions and servicing activities performed by the Company during the period covered by this report. Our procedures were not designed to determine whether errors may have occurred either prior to or subsequent to our tests that may have affected the balances or amounts calculated or reported by the Company during the period covered by this report for the selected transactions or any other transactions. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company’s compliance with the servicing criteria.

As described in the accompanying Assessment of Compliance with the Applicable Servicing Criteria, for servicing criterion 1122(d)(4)(i), the Company has engaged a vendor to perform the activities required by this servicing criterion. The Company has determined that this vendor is not considered a “servicer” as defined in Item 1101(j) of Regulation AB, and the Company has elected to take responsibility for assessing compliance with the servicing criterion applicable to this 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). As permitted by C&DI 200.06, the Company has asserted that it has policies and procedures in place designed to provide reasonable assurance that the vendor’s activities comply in all material respects with the servicing criterion applicable to the vendor. The Company is solely responsible for determining that it meets the SEC requirements to apply C&DI 200.06 for the vendor and related criterion as described in management’s Assessment of Compliance with the Applicable Servicing Criteria, and we performed no procedures with respect to the Company’s eligibility to apply C&DI 200.06.

In our opinion, management’s assessment that the Company complied with the aforementioned servicing criteria as of and for the twelve months ended December 31, 2014 is fairly stated, in all material respects.

/s/ KPMG LLP

Chicago, Illinois
February 25, 2015

KPMG LLP is a Delaware limited liability partnership, the U.S. member firm of KPMG International Cooperative (“KPMG International”), a Swiss entity.

EX-34.4 11 jpc12lc9_34-4.htm

EX‑34.4

(logo) KPMG

KPMG LLP

Aon Center

Suite 5500

200 East Randolph Drive

Chicago, IL 60601-6436

Report of Independent Registered Public Accounting Firm

The Board of Directors

The Corporate Trust Services division of Wells Fargo Bank, National Association:

We have examined management’s assessment, included in the accompanying Assessment of Compliance with the Applicable Servicing Criteria, that the Corporate Trust Services division of Wells Fargo Bank, National Association (the “Company”) complied with the servicing criteria set forth in Item 1122(d) of the Securities and Exchange Commission’s Regulation AB for residential mortgage‑backed securities (“RMBS”) transactions backed by pools of residential mortgage loans and commercial mortgage‑backed securities (“CMBS”) transactions backed by pools of commercial mortgage loans, in each case for which the Company provides document custody services and where the RMBS and CMBS transactions were either (a) publicly‑issued pursuant to a registration statement under the Securities Act of 1933 on or after January 1, 2006, or (b) privately‑issued pursuant to an exemption from registration on or after January 1, 2006 where the Company has an obligation under the transaction agreements to deliver an assessment of compliance with the applicable servicing criteria under Item 1122(d) of Regulation AB; provided however that, the platform excludes any transactions where the offered securities were issued, sponsored and/or guaranteed by any agency or instrumentality of the U.S. government or any government sponsored entity, other than certain securitizations of residential mortgage loan transactions issued, sponsored and/or guaranteed by the Federal Deposit Insurance Company (the “Document Custody Platform”) as of and for the twelve months ended December 31, 2014. Management has determined that the servicing criteria set forth in Item 1122(d)(1)(ii), 1122(d)(1)(iv), 1122(d)(4)(i), 1122(d)(4)(ii) and 1122(d)(4)(iii) are applicable to the activities performed by the Company with respect to the Document Custody Platform as of and for the twelve months ended December 31, 2014; provided however that, with respect to the Document Custody Platform, servicing criterion 1122(d)(4)(iii) is applicable only as it relates to the Company’s obligation to review and maintain the required loan documents related to any additions, removals or substitutions in accordance with the transaction agreements (the “Applicable Servicing Criteria”), as of and for the twelve months ended December 31, 2014. Management has determined that all other servicing criteria set forth in Item 1122(d) are not applicable to the Document Custody Platform. With respect to applicable servicing criteria 1122(d)(1)(ii) and 1122(d)(4)(iii), management has determined that there were no activities performed during the twelve months ended December 31, 2014 with respect to the Document Custody Platform, because there were no occurrences of events that would require the Company to perform such activities. Appendix A to the Assessment of Compliance with the Applicable Servicing Criteria identifies the individual transactions defined by management as constituting the Document Custody Platform. Management is responsible for the Company’s compliance with the servicing criteria. Our responsibility is to express an opinion on management’s assessment about the Company’s compliance based on our examination.

Our examination was conducted in accordance with the attestation standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about the Company’s compliance with the servicing criteria specified above and performing such other procedures as we considered necessary in the circumstances. Our examination included testing selected asset‑backed transactions and securities that comprise the Document Custody Platform, testing selected servicing activities related to the Document Custody Platform, and determining whether the Company processed those selected transactions and performed those selected activities in compliance with the servicing criteria. Furthermore, our procedures were limited to the selected transactions and servicing activities performed by the Company during the period covered by this report. Our procedures were not designed to determine whether errors may have occurred either prior to or subsequent to our tests that may have affected the balances or amounts calculated or reported by the Company during the period covered by this report for the selected transactions or any other transactions. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company’s compliance with the servicing criteria.

/s/ KPMG LLP

Chicago, Illinois
February 25, 2015

KPMG LLP is a Delaware limited liability partnership, the U.S. member firm of KPMG International Cooperative (“KPMG International”), a Swiss entity.

EX-34.5 12 jpc12lc9_34-5.htm

EX‑34.5

McGladrey LLP

(logo) McGladrey

Report of Independent Registered Public Accounting Firm

To the Board of Directors

Pentalpha Surveillance, LLC

We have examined management's assertion, included in the accompanying Management's Report on Assessment of 2014 Compliance with Applicable Regulation AB Servicing Criteria (Management's Assertion), that Pentalpha Surveillance, LLC (the Company) complied with the servicing criteria set forth in Item 1122(d) of the Securities and Exchange Commission's (SEC) Regulation AB for services by the Company that are encompassed by contractual obligations to perform Regulation AB reporting (the Platform), including only those asset-backed securities transactions defined below, as of and for the year ended December 31, 2014, excluding the following criteria set forth in Items 1122(d)(1)(i-iv), 1122(d)(2)(i-vii), 1122(d)(3)(i)(C-D), 1122(d)(3)(ii-iv), 1122(d)(4)(i-vi) and 1122(d)(4)(viii-xv), which management has determined are not applicable to the activities performed by the Company with respect to the Platform covered by this report. The Appendix B to management's assertion identifies the individual asset-backed transactions defined by management as constituting the Platform. Management is responsible for the Company's compliance with the applicable servicing criteria. Our responsibility is to express an opinion on management's assertion about the Company's compliance with the applicable servicing criteria based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants, as adopted by the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about the Company's compliance with the applicable servicing criteria, including tests on a sample basis of the servicing activities related to the Platform, determining whether the Company performed those activities in compliance with the servicing criteria during the specified period and performing such other procedures as we considered necessary in the circumstances. Our procedures were limited to selected servicing activities performed by the Company during the period covered by this report and, accordingly, such samples may not have included servicing activities related to each asset-backed transaction in the Platform. Further, an examination is not designed to detect noncompliance arising from errors that may have occurred prior to the period specified above that may have affected the balances or amounts calculated or reported by the Company during the period covered by this report. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with the servicing criteria.

In our opinion, management's assertion that Pentalpha Surveillance, LLC complied with the aforementioned applicable servicing criteria as of and for the year ended December 31, 2014 for the Platform is fairly stated, in all material respects.

/s/ McGladrey LLP

Irvine, California

March 4, 2015

Member of the RSM International network of Independent accounting, tax and consulting firms.

EX-35.1 13 jpc12lc9_35-1.htm

EX‑35.1

(logo) PNC

REAL ESTATE

MIDLAND LOAN SERVICES

ANNUAL STATEMENT OF COMPLIANCE

PNC BANK, NATIONAL ASSOCIATION

d/b/a MIDLAND LOAN SERVICES

Pursuant to the requirements of the applicable Servicing Agreement for the transactions listed on Schedule I hereto, the undersigned, Steven W. Smith, as Executive Vice President of Midland Loan Services, a division of PNC Bank, National Association, hereby certifies, subject to any limitations listed on Schedule I hereto, as of the date hereof, solely in his capacity as an officer and not in his individual capacity, as follows:

1. A review of the Servicer’s activities during the calendar year 2014 (the “Reporting Period”) and of its performance under the Agreement has been made under the undersigned officer’s supervision; and

2. To the best of the undersigned officer’s knowledge, based on such review, the Servicer has fulfilled all of its obligations under the Agreement in all material respects throughout the Reporting Period.

Dated: March 1, 2015

PNC Bank, National Association

d/b/a Midland Loan Services

/s/ Steven W. Smith

Steven W. Smith

Executive Vice President

Member of The PNC Financial Services Group

10851 Mastin Boulevard Overland Park, Kansas 66210

800-327-8083

www.pnc.com/midland

Schedule I

JP Morgan Chase Commercial Mortgage Securitization Corp.

Recipient Role	Deal Name	Series Number	Midland Role
Depositor	Aventura Mall Trust	Series 2013 ‐ AVM	Special Servicer
Depositor	Aventura Mall Trust	Series 2013 ‐ AVM	Master Servicer
Depositor	Boca Hotel Portfolio Trust	Series 2013 ‐ BOCA	Special Servicer
Depositor	Boca Hotel Portfolio Trust	Series 2013 ‐ BOCA	Master Servicer
Depositor	Carefree Portfolio Trust 2014 ‐ CARE MZ B	Series 2014 ‐ CARE MZ B	Special Servicer
Depositor	Extended Stay America Trust	Series 2013 ‐ ESH	Master and Special Servicer
Depositor	GP Portfolio Trust 2014 ‐ GPP	Series 2014 ‐ GPP	Master and Special Servicer
Depositor	Hilton USA Trust	Series 2013 ‐ HLT	Master and Special Servicer
Depositor	Hyatt Hotel Portfolio Trust 2014 ‐ HYT MZ	Series 2014 ‐ HYT MZ	Special Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2014 ‐ INN MZ	Special Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2014 ‐ CBM MZ	Special Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2014 ‐ C26	Master and Special Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2014 ‐ C23	Master Servicer
Master Servicer of the Beverly Connection loan under the GSMS 2014 ‐ GC24 PSA.
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2014 ‐ C22	Special Servicer
Special Servicer of the Charlottesville Fashion Square loan under the JPM 2014 ‐ C21 PSA.
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2014 ‐ C21	Special Servicer
Master Servicer of the Miami International Mall and The Shopes at Wiregrass loans under the JPM 2014 ‐ C18 PSA.
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2014 ‐ C20	Special Servicer
Special Servicer of The Outlets at Orange, Gumberg Retail and 470 Vanderbilt Ave loans under the JPM 2014 ‐ C19 PSA.
Special Servicer on the Westminster Mall loan serviced under the JPM 2014 ‐ C21 PSA.
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2014 ‐ C19	Special Servicer
Master Servicer of the Marriott Anaheim loan under the JPM 2014 ‐ C18 PSA.
Special Servicer on the Arundel Mills & Marketplace loan serviced under the MS 2014 ‐ C15 PSA
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2014 ‐ C18	Master Servicer
Master Servicer and Special Servicer of the Meadows Mall mortgage loan under the JPM 2013 ‐ C14 PSA.
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2013 ‐LC11	Master Servicer
Master Servicer of the Legacy Place loan under the JPM 2013 ‐ C12 PSA
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2013 ‐ JWRZ	Master and Special Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2013 ‐ INN	Master and Special Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2013 ‐ C17	Master Servicer
Special Servicer of The Aire loan under the JPM 2013 ‐ C16 PSA
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2013 ‐ C16	Special Servicer
Primary Servicer of the Miracle Mile loan under the COMM 2013 ‐ CCRE12 PSA
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2013 ‐ C15	Subservicer
Master Servicer of the Miracle Mile loan under the COMM 2013 ‐ CCRE11 PSA
Primary Servicer of the Miracle Mile loan under the COMM 2013 ‐ CCRE12 PSA
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2013 ‐ C14	Master and Special Servicer
Master Servicer of the 589 Fifth Avenue loan under the JP Morgan 2013 ‐ C13 PSA
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2013 ‐ C13	Master Servicer
Master and Special Servicer of the SanTan Village loan under the JPM 2013 ‐ C14 P SA
Master Servicer of the Americold Storage loan under the JPM 2013 ‐ C12 PSA
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2013 ‐ C12	Master Servicer
Master Servicer of the IDS Center loan under the JPM 2013 ‐ C13 PSA
Master Servicer and Special Servicer of the Southridge Mall loan under the JPM 2013 ‐ C14 PSA
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2013 ‐ C10	Master Servicer
Master Servicer of the West County Mall CMBS LLC loan under the JPM 2012 ‐ LC9 PSA
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2012 ‐ PH H	Master and Special Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2012 ‐ LC9	Master Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2012 ‐ CIBX	Primary Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2012 ‐ CIBX	Special Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2012 ‐ C8	Special Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2012 ‐ C6	Special Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2011 ‐ C5	Master Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2008 ‐ C2	Master Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2007 ‐ LDP12	Primary Servicer
Sawgrass Mills whole loan
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2007 ‐ LDP11	Special Servicer
JQH Portfolio whole loan only
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2007 ‐ LDP10	Master Servicer
Americold Portfolio whole loan
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2007 ‐ CIBC20	Master Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2007 ‐ CIBC19	Primary Servicer
599 Lexington whole loan only
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2007 ‐ CIBC18	Master Servicer
131 S Dearborn whole loan only
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2007 ‐ C1	Primary Servicer
Gurnee Mill whole loan only
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2006 ‐ LDP9	Master Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2006 ‐ LDP8	Master Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2006 ‐ LDP6	Master Servicer
Depositor	JP Morgan Chase Commercial Mortgage Securities Corp.	Series 2006 ‐ CIBC14	Primary Servicer
Houston Galleria whole loan only

EX-35.2 14 jpc12lc9_35-2.htm

EX‑35.2

(logo) Rialto

CAPITAL

2014 Annual Statement of Servicer Compliance (Item 1123)

Pooling and Servicing Agreement (the “Pooling and Servicing Agreement”) dated as of December 1, 2012 by and among J.P. Morgan Chase Commercial Mortgage Securities Corp., as Depositor, Midland Loan Services, a Division of PNC Bank, National Association as Master Servicer, Rialto Capital Advisors, LLC as Special Servicer, Wells Fargo Bank, National Association as Certificate Administrator, Wells Fargo Bank, National Association as Trustee and Pentalpha Surveillance LLC as Senior Trust Advisor relating to the J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-LC9, Commercial Mortgage Pass-Through Certificates, Series 2012-LC9

(JPMCC 2012-LC9)

The undersigned, a duly authorized officer of Rialto Capital Advisors, LLC, as special servicer (the “Special Servicer”) herein certifies to the following:

(B) All servicing activities and performance of such servicing activities under the Pooling and Servicing Agreement are performed on behalf of the Special Servicer.

(C) A review of the servicing activities and performance by the Special Servicer for the period of January 1, 2014 to December 31, 2014 (the “Reporting Period”) in accordance with the Pooling and Servicing Agreement has been conducted under my supervision.

(D) To the best of my knowledge, based on such review, the Special Servicer has fulfilled all of its obligations under the terms of the Pooling and Servicing Agreement, in all material respects for the Reporting Period and if there has been a failure to fulfill any such obligations in any material respect, each failure and the nature and status thereof has been specifically identified herein.

Certified by: /s/ Adam Singer Date: March 5, 2015

Adam Singer, Managing Director

EX-35.3 15 jpc12lc9_35-3.htm

EX‑35.3

(logo) WELLS
FARGO

Corporate Trust Services

MAC R1204-010
9062 Old Annapolis Road

Columbia, MD 21045

Tel: 410 884 2000

Fax: 410 715 2380

J.P. Morgan Chase Commercial Mortgage Securities Corp.

383 Madison Avenue

31st Floor

New York, New York 10179

RE: Annual Statement of Compliance for J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-LC9 Commercial Mortgage Pass-Through Certificates Series 2012- LC9

Per the Pooling and Servicing Agreement dated as of December 1, 2012 ( the "Agreement"), the undersigned, a duly authorized officer of Wells Fargo Bank, N.A., as Certificate Administrator ("Wells Fargo"), hereby certifies as follows as of and for the year ending December 31, 2014 (the "Reporting Period" ) :

(a) A review of Wells Fargo's activities during the Reporting Period and of its performance under the Agreement has been made under such officer's supervision; and

(b) To the best of such officer's knowledge, based on such review, Wells Fargo has fulfilled all of its obligations under the Agreement in all material respects throughout the Reporting Period.

February 25, 2015

/s/ Brian Smith

BRIAN SMITH

Vice President

Wells Fargo Bank, N.A.