Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 Sample Contracts

Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 – TRANSFER SUPPLEMENT NO. 1-LBB (June 25th, 2002)

This TRANSFER SUPPLEMENT is made as of the date first above written by Lehman Brothers Bank FSB (the “Bank”) and Structured Asset Securities Corporation (the “Depositor”).

Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 – TRANSFER SUPPLEMENT NO. 1-LBH (June 25th, 2002)

This TRANSFER SUPPLEMENT is made as of the date first above written by Lehman Brothers Holdings Inc. (the “Seller”) and Structured Asset Securities Corporation (the “Depositor”).

Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 – Mortgage Guaranty Master Policy (May 15th, 2002)

Mortgage Guaranty Insurance Corporation (a stock insurance company hereinafter called the "Company") agrees to pay to the Insured identified below, in consideration of the premium or premiums to be paid as specified in this Policy and in reliance on the Insured's Application for coverage under this Policy any Loss due to the Default by a Borrower on a Loan, subject to the terms and conditions in this Policy.

Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 – Ocwen Federal Bank FSB, as Servicer Lehman Brothers Bank, FSB, as Seller, Lehman Capital, A Division of Lehman Brothers Holdings Inc., as Seller and AURORA LOAN SERVICES INC. as Master Servicer Structured Asset Securities Corporation Amortizing Residential Collateral Trust Mortgage Pass-Through Certificates, Series 2002-BC2 SECURITIZATION SERVICING AGREEMENT Dated as of April 1, 2001 (May 15th, 2002)
Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 – AMORTIZING RESIDENTIAL COLLATERAL TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2002-BC2 TERMS AGREEMENT (May 15th, 2002)

Structured Asset Securities Corporation, as Depositor under the Trust Agreement dated as of April 1, 2002 (the "Trust Agreement").

Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 – OPTION ONE MORTGAGE CORPORATION, as Servicer and AURORA LOAN SERVICES INC., as Master Servicer and LEHMAN CAPITAL, A DIVISION OF LEHMAN BROTHERS HOLDINGS INC., as Seller and LEHMAN BROTHERS BANK, FSB, as Seller Structured Asset Securities Corporation Amortizing Residential Collateral Trust Mortgage Pass- Through Certificates, Series 2002-BC2 SERVICING AGREEMENT Dated as of April 1, 2002 (May 15th, 2002)
Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 – AURORA LOAN SERVICES INC., as Servicer LEHMAN BROTHERS BANK, FSB as Seller LEHMAN CAPITAL, A DIVISION OF LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES INC. as Master Servicer Amortizing Residential Collateral Mortgage Pass-Through Certificates, Series 2002-BC2 SERVICING AGREEMENT Dated as of April 1, 2002 (May 15th, 2002)

THIS SERVICING AGREEMENT (this "Agreement"), entered into as of the 1st day of April, 2002, by and between LEHMAN BROTHERS BANK, FSB, a federal savings bank (the "Bank"), LEHMAN CAPITAL, A DIVISION OF LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation ("Lehman Capital") (the Bank and Lehman Capital each shall be referred to as a "Seller"), AURORA LOAN SERVICES INC., a Delaware corporation ("the Servicer"), AURORA LOAN SERVICES INC. (the "Master Servicer") and acknowledged by BANK ONE, NATIONAL ASSOCIATION, as Trustee (the "Trustee") under the Trust Agreement (as defined herein) recites and provides as follows:

Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 – STRUCTURED ASSET SECURITIES CORPORATION, as Depositor, AURORA LOAN SERVICES INC., as Master Servicer, WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, as Securities Administrator, THE MURRAYHILL COMPANY, as Credit Risk Manager, and BANK ONE, NATIONAL ASSOCIATION, as Trustee TRUST AGREEMENT Dated as of April 1, 2002 AMORTIZING RESIDENTIAL COLLATERAL TRUST MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-BC2 (May 15th, 2002)
Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 – Mortgage Guaranty Commitment/Certificate (May 15th, 2002)

Mortgage Guaranty Insurance Corporation (the "Company"), 250 E. Kilbourn Avenue/P.O. Box 488 Milwaukee, Wisconsin 53201-0488, hereby agrees to pay to the Insured any Loss due to the Default by a Borrower on the Loan identified below, subject to the terms and conditions of the Master Policy, the conditions noted, if any, and in reliance on the Insured's application for insurance.

Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 – LEHMAN BROTHERS BANK, FSB, SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of April 1, 2002 Amortizing Residential Collateral Trust (Mortgage Pass-Through Certificates, Series 2002-BC2) (May 15th, 2002)
Structured Asset Sec Corp Mort Pass Thr Cert Ser 2002-Bc2 – LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of April 1, 2002 Amortizing Residential Collateral Trust (Mortgage Pass-Through Certificates Series 2002-BC2) (May 15th, 2002)

This MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT, dated as of April 1, 2002 (the "Agreement"), is executed by and between Lehman Brothers Holdings Inc. ("LBH" or the "Seller") and Structured Asset Securities Corporation (the "Depositor").