Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2 Sample Contracts

MASTER AGREEMENT
Master Agreement • July 17th, 2006 • Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2 • 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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DB STRUCTURED PRODUCTS, INC. Owner And WELLS FARGO BANK, N.A. Servicer SERVICING AGREEMENT Dated as of December 1, 2005 Fixed Rate and Adjustable Rate Mortgage Loans
Servicing Agreement • July 17th, 2006 • Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2 • Asset-backed securities • New York

This is a Servicing Agreement for adjustable and fixed rate residential first mortgage loans, dated and effective as of December 1, 2005, and is executed between DB Structured Products, Inc., as owner (the "Owner"), and Wells Fargo Bank, N.A., as servicer (the "Servicer").

MORTGAGE LOAN PURCHASE AGREEMENT
Mortgage Loan Purchase Agreement • July 17th, 2006 • Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2 • Asset-backed securities • New York

This is a Mortgage Loan Purchase Agreement (this “Agreement”), dated June 30, 2006, between DB Structured Products, Inc. (the “Seller”) and Deutsche Alt-A Securities, Inc., a Delaware corporation (the “Purchaser”).

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Pooling and Servicing Agreement • July 17th, 2006 • Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2 • Asset-backed securities • New York

This Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) is made and entered into as of June 30, 2006 (the “Closing Date”), among DB Structured Products, Inc., having an address at 60 Wall Street, New York, New York 10005 (the “Assignor”), Deutsche Alt-A Securities, Inc., having an address at 60 Wall Street, New York, New York 10005 (the “Assignee”), and GMAC Mortgage Corporation, having an address at 100 Witmer Road, Horsham, Pennsylvania 19044 (the “Company” or the “Servicer”) and acknowledged and agreed to by Wells Fargo Bank, N.A., as master servicer (the “Master Servicer”).

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • July 17th, 2006 • Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2 • Asset-backed securities • New York

This Assignment, Assumption and Recognition Agreement (the “AAR Agreement”) is made and entered into as of June 30, 2006 (the “Closing Date”), among DB Structured Products, Inc., having an address at 60 Wall Street, New York, New York 10005 (the “Assignor”), Deutsche Alt-A Securities, Inc., having an address at 60 Wall Street, New York, New York 10005 (the “Assignee”), and GreenPoint Mortgage Funding, Inc., having an address at 100 Wood Hollow Drive, Novato, California 94945 (the “Company” or the “Servicer”) and acknowledged and agreed to by Wells Fargo Bank, N.A., as master servicer, (the “Master Servicer”).

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • July 17th, 2006 • Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2 • Asset-backed securities • New York

This Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) is made and entered into as of June 30, 2006 (the “Closing Date”), among DB Structured Products, Inc., having an address at 60 Wall Street, New York, New York 10005 (the “Assignor”), Deutsche Alt-A Securities, Inc., having an address at 60 Wall Street, New York, New York 10005 (the “Assignee”), Wells Fargo Bank, National Association, having an address at 1 Home Campus, Des Moines, Iowa 50328-0001 (the “Servicer” or the “Company”) and acknowledged and agreed to by HSBC Bank USA, National Association, as trustee (the “Trustee”) and Wells Fargo Bank, N.A., as master servicer (the “Master Servicer”).

SCHEDULE to the Master Agreement dated as of June 30, 2006 between DEUTSCHE BANK AG, NEW YORK BRANCH (“Party A”),
Master Agreement • July 17th, 2006 • Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2 • Asset-backed securities • New York

All terms used herein and not otherwise defined are given their meaning in the Pooling and Servicing Agreement for Deutsche Alt-A Securities Mortgage Loan Trust, Series 2006-AR2 dated as of June 1, 2006 among Deutsche Alt-A Securities, Inc., as depositor, Wells Fargo Bank, National Association, as master servicer and securities adminstrator, and HSBC Bank USA, National Association, as trustee (the “Pooling and Servicing Agreement”).

Deutsche Bank Aktiengesellschaft To: HSBC BANK USA, NATIONAL ASSOCIATION, not in its individual or corporate capacity but solely as Trustee for the Supplemental Interest Trust for Deutsche Alt-A Securities Mortgage Loan Trust, Series 2006-AR2 Attn:...
Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2 • July 17th, 2006 • Asset-backed securities

The purpose of this letter agreement (“Confirmation”) is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the “Transaction”) between Deutsche Bank AG, New York Branch (“DBAG”) and HSBC Bank USA, National Association, not in its individual or corporate capacity but solely as Trustee for the Supplemental Interest Trust for Deutsche Alt-A Securities Mortgage Loan Trust, Series 2006-AR2 (“Counterparty”) created under the Pooling and Servicing Agreement for Deutsche Alt-A Securities Mortgage Loan Trust, Series 2006-AR2 dated as of June 1, 2006 among Deutsche Alt-A Securities, Inc., as depositor, Wells Fargo Bank, National Association, as master servicer and securities administrator, and HSBC Bank USA, National Association, as trustee (the “Pooling and Servicing Agreement”).

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