MASTR Alternative Loan Trust 2006-3 Sample Contracts

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UBS REAL ESTATE SECURITIES INC. Owner WELLS FARGO BANK, N.A. Servicer AMENDED AND RESTATED SERVICING AGREEMENT Dated as of November 1, 2005
Servicing Agreement • July 14th, 2006 • MASTR Alternative Loan Trust 2006-3 • Asset-backed securities • New York
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Master Servicer and UBS REAL ESTATE SECURITIES INC., as Seller and CENLAR FSB, as Servicer SERVICING AGREEMENT Dated as of January 1, 2006
Servicing Agreement • July 14th, 2006 • MASTR Alternative Loan Trust 2006-3 • Asset-backed securities • New York

THIS SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of January, 2006, by and among UBS REAL ESTATE SECURITIES INC., a Delaware corporation (“UBS”), in its capacity as seller (the “Seller”), Cenlar FSB, as servicer (the “Servicer”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as master servicer (the “Master Servicer”), recites and provides as follows:

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • July 14th, 2006 • MASTR Alternative Loan Trust 2006-3 • Asset-backed securities • New York

THIS ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (this “Agreement”), dated as of June 29, 2006, among UBS Real Estate Securities Inc. (the “Assignor”), Mortgage Asset Securitization Transactions, Inc. (the “Assignee”), American Home Mortgage Corp. (the “Company”) and American Home Mortgage Servicing, Inc. (the “Servicer”):

MASTER LOAN PURCHASE AND SERVICING AGREEMENT AMERICAN HOME MORTGAGE CORP.
Master Loan Purchase and Servicing Agreement • July 14th, 2006 • MASTR Alternative Loan Trust 2006-3 • Asset-backed securities • New York
UBS REAL ESTATE SECURITIES INC. Purchaser, And AMERICAN HOME MORTGAGE CORP., Company MASTER SELLER’S PURCHASE, WARRANTIES AND INTERIM SERVICING AGREEMENT Dated as of May 1, 2005
Ubs Real • July 14th, 2006 • MASTR Alternative Loan Trust 2006-3 • Asset-backed securities • New York

ABC Bank is confident that you will continue to receive the same high quality service that you have been accustomed to receiving. If you have any questions about the changes we are making, please contact our Customer Service Representatives at xxx-xxx-xxxx. You can also access your mortgage loan information 24 hours a day, 7 days a week by logging on to (website) and clicking on the e Status link for internet access to your account. Due to this change after 3/1/05 anyone using the Internet for loan information will have to re-register and create a new password. You will need to provide your social security number and e-mail address in order to view your account information.

AMENDMENT NUMBER ONE to the MASTER SELLER’S PURCHASE, WARRANTIES AND INTERIM SERVICING AGREEMENT, dated as of May 1, 2005, between UBS REAL ESTATE SECURITIES INC., and AMERICAN HOME MORTGAGE CORP.
MASTR Alternative Loan Trust 2006-3 • July 14th, 2006 • Asset-backed securities • New York

This AMENDMENT NUMBER ONE (this “Amendment”) is made and is effective as of this 18th day of October, 2005, between American Home Mortgage Corp. (the “Company”) and UBS Real Estate Securities Inc. (the “Purchaser”), to the Master Seller’s Purchase, Warranties and Interim Servicing Agreement, dated as of May 1, 2005 (the “Purchase Agreement”), between the Purchaser and the Company.

AMENDMENT NUMBER TWO to the Master Seller’s Purchase, Warranties and Interim Servicing Agreement dated as of May 1, 2005 by and between AMERICAN HOME MORTGAGE CORP. and UBS REAL ESTATE SECURITIES INC.
Interim Servicing Agreement • July 14th, 2006 • MASTR Alternative Loan Trust 2006-3 • Asset-backed securities • New York

This AMENDMENT NUMBER TWO is made this 9th day of May, 2006, by and between AMERICAN HOME MORTGAGE CORP., having an address at 538 Broadhollow Road, Melville, New York 11747 (the “Company”), and UBS REAL ESTATE SECURITIES INC., having an address at 1285 Avenue of the Americas, 11th Floor, New York, NY 10019 (the “Purchaser”), to the Master Seller’s Purchase, Warranties and Interim Servicing Agreement dated as of May 1, 2005, as amended by Amendment Number One, dated as of October 18, 2005 (collectively, the “Agreement”), each by and between the Company and the Purchaser. Capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Agreement.

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • July 14th, 2006 • MASTR Alternative Loan Trust 2006-3 • Asset-backed securities • New York

THIS ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (this “Agreement”), dated as of June 29, 2006, among UBS Real Estate Securities Inc. (the “Assignor”), Mortgage Asset Securitization Transactions, Inc. (the “Assignee”) and American Home Mortgage Corp. (the “Company”):

MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC., as Depositor THE BANK OF NEW YORK, as Trustee WELLS FARGO BANK, N.A., as Trust Administrator
Trust Agreement • July 14th, 2006 • MASTR Alternative Loan Trust 2006-3 • Asset-backed securities • New York
MORTGAGE LOAN PURCHASE AGREEMENT
Mortgage Loan Purchase Agreement • July 14th, 2006 • MASTR Alternative Loan Trust 2006-3 • Asset-backed securities • New York

This Mortgage Loan Purchase Agreement (the “Agreement”), dated as of June 1, 2006, is between Mortgage Asset Securitization Transactions, Inc., a Delaware corporation (the “Company”), and UBS Real Estate Securities Inc., a Delaware corporation (the “Seller” or “UBSRES”).

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • July 14th, 2006 • MASTR Alternative Loan Trust 2006-3 • Asset-backed securities • New York

THIS ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (this “Agreement”) dated as of June 29, 2006, among UBS Real Estate Securities Inc., a Delaware corporation formerly known as UBS Warburg Real Estate Securities Inc. (the “Assignor” or the “Purchaser”), Mortgage Asset Securitization Transactions, Inc. (the “Assignee”) and Wells Fargo Bank, N.A. (the “Company”).

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