SASCO Mortgage Loan Trust Series 2005-Gel3 Sample Contracts

AURORA LOAN SERVICES LLC, as Servicer LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC, as Master Servicer Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2005-GEL3 SERVICING AGREEMENT Dated as...
Servicing Agreement • July 14th, 2005 • SASCO Mortgage Loan Trust Series 2005-Gel3 • Asset-backed securities • New York

THIS SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of June, 2005, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“LBH” or the “Seller”), AURORA LOAN SERVICES LLC (formerly known as Aurora Loan Services Inc.), a Delaware limited liability company in its capacity as primary servicer (“the Servicer”) and AURORA LOAN SERVICES LLC in its capacity as master servicer (the “Master Servicer”), and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as Trustee (the “Trustee”) under the Trust Agreement (as defined herein), recites and provides as follows:

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RECONSTITUTED SERVICING AGREEMENT
Reconstituted Servicing Agreement • July 14th, 2005 • SASCO Mortgage Loan Trust Series 2005-Gel3 • Asset-backed securities • New York

THIS RECONSTITUTED SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of June, 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:

MASTER AGREEMENT
Master Agreement • July 14th, 2005 • SASCO Mortgage Loan Trust Series 2005-Gel3 • Asset-backed securities • New York

have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties confirming those Transactions.

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