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    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
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    <reportingPeriodBeginningDate>03-12-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>04-13-2026</reportingPeriodEndDate>
    <originatorName>SMC</originatorName>
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    <maturityDate>11-06-2030</maturityDate>
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    <interestRateSecuritizationPercentage>0.06565</interestRateSecuritizationPercentage>
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    <firstLoanPaymentDueDate>12-06-2025</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
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    <scheduledPrincipalBalanceSecuritizationAmount>2700000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>08-05-2030</prepaymentLockOutEndDate>
    <property>
      <propertyName>LONE STAR SECURE STORAGE</propertyName>
      <propertyAddress>4801 NORTH LOOP 256</propertyAddress>
      <propertyCity>Palestine</propertyCity>
      <propertyState>TX</propertyState>
      <propertyZip>75803</propertyZip>
      <propertyCounty>Anderson</propertyCounty>
      <propertyTypeCode>SS</propertyTypeCode>
      <netRentableSquareFeetNumber>41420</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>41420</netRentableSquareFeetSecuritizationNumber>
      <unitsBedsRoomsNumber>285</unitsBedsRoomsNumber>
      <unitsBedsRoomsSecuritizationNumber>285</unitsBedsRoomsSecuritizationNumber>
      <yearBuiltNumber>2008</yearBuiltNumber>
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      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
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      <physicalOccupancySecuritizationPercentage>0.91</physicalOccupancySecuritizationPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>12-06-2027</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <financialsSecuritizationDate>08-31-2025</financialsSecuritizationDate>
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      <operatingExpensesSecuritizationAmount>150723.67</operatingExpensesSecuritizationAmount>
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      <netCashFlowFlowSecuritizationAmount>263084.27</netCashFlowFlowSecuritizationAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
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      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.46</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>2700000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>15263.62</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.06565</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0001975</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>15263.62</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>2700000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>2700000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>04-06-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
</assetData>
