AURORA LOAN SERVICES INC., as Servicer LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES INC., as Master Servicer Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2004-17XS SERVICING AGREEMENT Dated as...Servicing Agreement • September 13th, 2004 • Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-17xs • Asset-backed securities • New York
THIS SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of August, 2004, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“Lehman Holdings” or the “Seller”), AURORA LOAN SERVICES INC., a Delaware corporation (the “Servicer”), and AURORA LOAN SERVICES INC., as Master Servicer under the Trust Agreement (as defined herein), recites and provides as follows:
STRUCTURED ASSET SECURITIES CORPORATION, as Depositor, AURORA LOAN SERVICES INC., as Master Servicer, and TRUST AGREEMENT Dated as of August 1, 2004 STRUCTURED ASSET SECURITIES CORPORATION MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2004-17XSTrust Agreement • September 13th, 2004 • Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-17xs • Asset-backed securities • New York
LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of August 1, 2004 Structured Asset Securities Corporation (Mortgage Pass-Through Certificates, Series...Securitization Servicing Agreement • September 13th, 2004 • Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-17xs • Asset-backed securities • New York
CERTIFICATE GUARANTY INSURANCE ENDORSEMENTCertificate Guaranty Insurance Endorsement • September 13th, 2004 • Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-17xs • Asset-backed securities
Notwithstanding any other provision of the Policy, the Certificate Insurer will pay any Insured Amount payable hereunder no later than 12:00 noon, New York City time, on the later of (i) the Distribution Date on which the related Insured Amount is Due for Payment and (ii) the second Business Day following receipt in New York, New York on a Business Day by the Certificate Insurer of a Notice; provided that, if such Notice is received after 12:00 noon, New York City time, on such Business Day, it shall be deemed to be received on the following Business Day. If any such Notice is not in proper form or is otherwise insufficient for the purpose of making a claim under the Policy, it shall be deemed not to have been received for purposes of this paragraph, and the Certificate Insurer shall promptly so advise the Trustee and the Trustee may submit an amended Notice.
