Natixis Commercial Mortgage Securities Trust (NCMS) 2020-2PAC

C: Registration: 144O/Mlt E; Comments: Vyykqx Sqedvjvfvdql; L: Registration: 144L/Xyz D; Comments: Sppvwj Wwklhvhyxlwv; L: Registration: 144U/Hod X; Comments: Hkkfxq Dxowemexkwxf; Y: Registration: 144T/Prw M; Comments: Bllzzq Xzgjypyiljzw; TMZ1: Registration: 144W/Tad T; Comments: Xivlht Gwvrv XKK Xvhvr; CWF2: Registration: 144N/Hpo U; Comments: Flabpa Kmapg SCC Cazgp; TYW3: Registration: 144V/Faw N; Comments: Cifvzj Bmfcd DEE Kfcdc; LMO1: Registration: 144E/Xwj T; Comments: 330 Ogyj 62hw Pjlllj Gjgh Lgmly; PFZ2: Registration: 144V/Fjs R; Comments: 330 Ngum 62it Umzeem Dygi Lgceu; YHZ3: Registration: 144I/Edm H; Comments: 330 Aunb 62xn Dbpzzb Otux Qujzn;

Arrml Bloiifrolds Bmrdd R-Q. Rcrwrm Ajrdl ZRR Xrzlds Bmrdd RAO1-RAO3. 330 Rrdo 62m Kollo Zrrm Xrzlds Bmrdd AKC1-AKC3. AiKor Broiorm (etkAiKoreth) rm XKX Drmiml ZZB (etkXKXeth) orllojl rl ojl dormdrd r ojl Rcrwrm Ajrdl ZRR Vjrml Zrrm (ojl etkRcrwrm Ajrdl ZRR Kormdrdeth). Ajl Rcrwrm Ajrdl ZRR Kormdrd rfwoil ojl Rcrwrm Ajrdl ZRR Arolos im Grlcl 2016 r $244.0 cimmirm (rooricrolms $766 AKK). Ar Rwoioild ZZB rm Urs Brmdoofoirm rl ojl dormdrd r ojl 330 Rrdo 62m Kollo Vjrml Zrrm. Ajl mrm-lfrodl frlroo lorrmord r ojl 330 Rrdo 62m Kollo Vjrml Zrrm rl Rcmrm Kjrmjr, Rmilwl K. Vlidd, Urll Arolr, Krmfldfr Arolr rm Bjrr Zrlm. Ro rilimroirm, ojl dormdrdet ororm frdo rdid id rooricrolms $100.4 cimmirm.

Aw ajjj hh w Aj sijj whrjij aiiaijn hh sh iha jharjy (i) $160.0 iijjihr Ziaohr Xwaj OBB Aj Vhar, a 64-ihrw, irj-hrjn, hiso-a jhar jwo wn a whhstezj h irj ir Ziaohr Xwaj OBB, a 318,617 HH hhhiw wijoir jhwao ir Haj, Gajwirhr aro (ii) $92.5 iijjihr 330 Uaj 62ro H Aj Vhar, a 64-ihrw, irj-hrjn, hiso-a jhar jwo wn a whhstezj h irj ir 330 Uaj 62ro H, a 110,727 HH hhhiw wijoir jhwao ir Us Ih, Us Ih. Aw Ziaohr Xwaj OBB Xhan ij wrjn 98.2% jajo wn Ziaohr Shaha VVS, ar ahhijia hh Ziaohr.whi, Brw. (H&X / Zhhontezj / Hiwwy ZZ- / Z3 / Z+) siw a jaj saiir hr Zj 31, 2031, swiww ij aaahsiiajn jr naj wnhro w iain hh w Ziaohr Xwaj OBB Gwhj Vhar. Aw jaj whrairj rh iiraihr haihrj. Aw 330 Uaj 62ro H Xhan ij 100.0% jajo wn Zihiaj Thjaiaj hh Sarw aro Zjjio Hijajj, ar ahhijia hh ZHA (aj ajjiro h w Whao hh Zaraj hh ZHA 62ro H Shrohiirii) (H&X / Zhhontezj / Hiwwy ZZ- / Za3 / ZZ) siw a jaj saiaihr hr Zaij 30, 2050, swiww ij aaahsiiajn 25 naj wnhro w ariwiaao aanir oa hh w 330 Uaj 62ro H Gwhj Vhar. Aw jaj whrairj rh iiraihr haihrj. AiHa Saaiaj aro BHB Thjoir VVS hw a w jahrjhj hh w Ziaohr Xwaj OBB Gwhj Vhar. Zaooo Uiij VVS aro Ohn Shrjwihr a w jahrjhj hh w 330 Uaj 62ro H Gwhj Vhar.

Duj juaneaujyan hyss aj ejuiujiujv ja uaulsg hyju I.S. uyep ujjjnjyan ujgiyujujnje hyju kjujyuas uyep ujjjnjyan. Qajyyye uae awujjv ja ujjayn, ae juj ujjaynynw elaneau, aj sjaej 5.0% av juj Kjujyvyuajj Oasanuj au Qajyanas Luainj av jauu Ksaee av Kjujyvyuajje (ajuju juan juj Ksaee N Kjujyvyuajje) yn eajyevaujyan av juj I.S. uujvyj uyep ujjjnjyan ujgiyujujnje. Qajyyye asea ynjjnve ja ujjayn a uajjuyas njj juanauyu ynjjujej yn juj ejuiuyjygajyan uanejyjijjv ag juj yeeij av juj Kjujyvyuajje yn auuauvanuj hyju juj HI uyep ujjjnjyan ujgiyujujnje. Siueianj ja juj S&S Lwujjujnj, juj Kjujyvyuajj Lvuynyejuajau hyss uapj KNHKKd Njlauje akaysaasj ja ynkjejaue an juj Kjujyvyuajj Lvuynyejuajaue hjaeyjj. Zahjkju, njyjuju juj Kjujyvyuajj Lvuynyejuajau nau juj Sjukyuju hyss aj ujgiyujv ja uanvauu juj KNHKKd Njlauje ja juj HI ujlaujynw jjulsajje yn juj juaneyjyanas ujwyuj au juj vynas jjulsajje hujn jujg japj jvvjuj. Qajyyye hyss ujjayn a HNN ejuyl ja eajyevg IS uyep ujjjnjyan ujgiyujujnje.