Bear Stearns Asset Back Securities Trust 2003-3 Sample Contracts

BEAR STEARNS ASSET BACKED SECURITIES, INC. Asset-Backed Securities, Series 2003-3 UNDERWRITING AGREEMENT
Underwriting Agreement • December 2nd, 2003 • Bear Stearns Asset Back Securities Trust 2003-3 • Asset-backed securities • New York

Bear Stearns Asset Backed Securities, Inc., a Delaware corporation ("BSABS"), proposes to cause to be issued and to sell to you, as underwriter (the "Underwriter"), the Asset-Backed Certificates, Series 2003-3, having the classes specified on the Pricing Letter (as defined below) and described in Section 2 hereof (the "Public Certificates") having the characteristics set forth in the Prospectus Supplement (as defined below), evidencing ownership interests in a trust consisting of mortgage notes and the related mortgages acquired by BSABS (the "Mortgage Loans") and other related property (collectively, the "Trust Fund"). The Mortgage Loans will be of the type and will have the characteristics described in the Prospectus Supplement, subject to the variances, ranges, minimums and maximums set forth in the Prospectus Supplement, and will have the aggregate principal balance set forth in the Prospectus Supplement, subject to an upward or downward variance in principal balance, not to exceed

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ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • December 2nd, 2003 • Bear Stearns Asset Back Securities Trust 2003-3 • Asset-backed securities • New York

This is an Assignment, Assumption and Recognition Agreement (this "AAR Agreement") made as of September 30, 2003, among EMC Mortgage Corporation (the "Assignor"), JPMorgan Chase Bank, as trustee (in such capacity, the "Trustee") for the holders of the Certificates referred to below (the "Assignee"), and Irwin Union Bank and Trust Company (the "Company").

BEAR STEARNS ASSET BACKED SECURITIES, INC., Depositor EMC MORTGAGE CORPORATION, Seller and Servicer WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, Master Servicer and Securities Administrator and JPMORGAN CHASE BANK Trustee
Pooling and Servicing Agreement • December 2nd, 2003 • Bear Stearns Asset Back Securities Trust 2003-3 • Asset-backed securities • New York

Exhibit A-1 Exhibit A-2 Exhibit A-3 Exhibit A-4 Exhibit A-5 Exhibit A-6 Exhibit A-7 Exhibit A-8 Exhibit A-9 Exhibit A-10 Exhibit B Exhibit C Exhibit D Exhibit E Exhibit F Exhibit G Exhibit H Exhibit I Exhibit J Exhibit K Form of Class A-IO Certificates Form of Class A-1 Certificates Form of Class A-2 Certificates Form of Class M-1 Certificates Form of Class M-2 Certificates Form of Class B Certificates Form of Class B-IO Certificates Form of Class R-1 Certificates Form of Class R-2 Certificates Form of Class R-3 Certificates Mortgage Loan Schedule [Reserved] Form of Transfer Affidavit Form of Transferor Certificate Form of Investment Letter (Non-Rule 144A) Form of Rule 144A Investment Letter Form of Request for Release DTC Letter of Representations Schedule of Mortgage Loans with Lost Notes EMC Mortgage Loan Servicing

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