Structured Asset Investment Loan Trust 2005-3 Sample Contracts

Structured Asset Investment Loan Trust 2005-3 – Declaration Page for Use With Mortgage Guaranty Select Master Policy for Multiple Loan Transactions (April 14th, 2005)

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 Investment Loan Trust 2005-3 – Ocwen Federal Bank FSB, as Servicer Lehman Brothers Holdings Inc., as Seller and Aurora Loan Services LLC, as Master Servicer Structured Asset Securities Corporation Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2005-3 SECURITIZATION SERVICING AGREEMENT Dated as of March 1, 2005 (April 14th, 2005)
Structured Asset Investment Loan Trust 2005-3 – OPTION ONE MORTGAGE CORPORATION, as Servicer and AURORA LOAN SERVICES LLC, as Master Servicer and LEHMAN BROTHERS HOLDINGS INC., as Seller Structured Asset Securities Corporation Structured Asset Investment Loan Trust Mortgage Pass- Through Certificates, Series 2005-3 SERVICING AGREEMENT (for Option One Servicing–Retained Mortgage Loans) Dated as of March 1, 2005 (April 14th, 2005)
Structured Asset Investment Loan Trust 2005-3 – BULK PRIMARY (April 14th, 2005)

PMI Mortgage Insurance Co. (an Arizona corporation hereinafter called the "Company") agrees to pay to the Insured, in consideration of the premium or premiums to be paid as hereinafter specified and in reliance upon the Insured's representations and statements made in any Application for coverage under this Policy, any loss due to the Default by a Borrower on a Loan, subject to the terms and conditions contained herein.

Structured Asset Investment Loan Trust 2005-3 – LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of March 1, 2005 Structured Asset Investment Loan Trust 2005-3 (Mortgage Pass- Through Certificates Series 2005-3) (April 14th, 2005)
Structured Asset Investment Loan Trust 2005-3 – JPMORGAN CHASE BANK, N.A., as Servicer and LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC, as Master Servicer Structured Asset Securities Corporation Structured Asset Investment Loan Trust Mortgage Pass- Through Certificates, Series 2005-3 SECURITIZATION SERVICING AGREEMENT Dated as of March 1, 2005 (April 14th, 2005)
Structured Asset Investment Loan Trust 2005-3 – STRUCTURED ASSET SECURITIES CORPORATION, as Depositor, AURORA LOAN SERVICES LLC, as Master Servicer, WELLS FARGO BANK, N.A., as Securities Administrator, THE MURRAYHILL COMPANY, as Credit Risk Manager, and TRUST AGREEMENT Dated as of March 1, 2005 STRUCTURED ASSET INVESTMENT LOAN TRUST MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-3 (April 14th, 2005)
Structured Asset Investment Loan Trust 2005-3 – Wells Fargo Bank, N.A., as Servicer and Lehman Brothers Holdings Inc., as Seller and Aurora Loan Services LLC, as Master Servicer Structured Asset Securities Corporation Structured Asset Investment Loan Trust Mortgage Pass- Through Certificates, Series 2005-3 SECURITIZATION SUBSERVICING AGREEMENT Dated as of March 1, 2005 _____________________________ (April 14th, 2005)
Structured Asset Investment Loan Trust 2005-3 – AURORA LOAN SERVICES LLC, as Servicer LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC as Master Servicer Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2005-3 SERVICING AGREEMENT Dated as of March 1, 2005 (April 14th, 2005)
Structured Asset Investment Loan Trust 2005-3 – RECONSTITUTED SERVICING AGREEMENT (April 14th, 2005)

THIS RECONSTITUTED SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of March, 2005, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“LBH” or “Seller”), WELLS FARGO BANK, N.A., a national banking association (the “Servicer”), AURORA LOAN SERVICES LLC, as master servicer (the “Master Servicer”), and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”), recites and provides as follows:

Structured Asset Investment Loan Trust 2005-3 – OPTION ONE MORTGAGE CORPORATION, as Servicer and AURORA LOAN SERVICES LLC, as Master Servicer and LEHMAN BROTHERS HOLDINGS INC., as Seller Structured Asset Securities Corporation Structured Asset Investment Loan Trust Mortgage Pass- Through Certificates, Series 2005-3 SUBSERVICING AGREEMENT Dated as of March 1, 2005 (April 14th, 2005)