Lehman Capital, A Division of Lehman Brothers Holdings Inc., Purchaser and IndyMac Bank, F.S.B., CompanyWarranties and Servicing Agreement • October 13th, 2006 • Lehman XS Trust Series 2006-16n • Asset-backed securities • New York
This is a Seller’s Warranties and Servicing Agreement for conventional fixed and adjustable rate residential first lien mortgage loans (the “Mortgage Loans”) on a servicing retained basis as described herein, dated and effective as of September 1, 2005, and is executed between Lehman Capital, A Division of Lehman Brothers Holdings Inc., as purchaser (the “Purchaser”), and IndyMac Bank, F.S.B., as seller and servicer (the “Company”).
RECONSTITUTED SERVICING AGREEMENTReconstituted Servicing Agreement • October 13th, 2006 • Lehman XS Trust Series 2006-16n • Asset-backed securities • New York
Actual eviction complete date DATE(MM/DD/YYYY) Actual date that the eviction proceedings are completed by local counsel.
RECONSTITUTED SERVICING AGREEMENTReconstituted Servicing Agreement • October 13th, 2006 • Lehman XS Trust Series 2006-16n • Asset-backed securities • New York
Reference is made to the Reconstituted Servicing Agreement, dated as of September 1, 2006 (the “Agreement”), by and among Lehman Brothers Holdings Inc., as seller and IndyMac Bank, F.S.B., as servicer (the “Servicer”). I, [identify the certifying individual], a [title] of the Servicer hereby certify to Aurora Loan Services LLC (the “Master Servicer”) and Structured Asset Securities Corporation (the “Depositor”), and their respective officers, directors and affiliates, and with the knowledge and intent that they will rely upon this certification, that:
EXHIBIT A to Schedule GUARANTEE OF LEHMAN BROTHERS HOLDINGS INC.Lehman XS Trust Series 2006-16n • October 13th, 2006 • Asset-backed securities
LEHMAN BROTHERS SPECIAL FINANCING INC. (“Party A”) and U.S. Bank, National Association, solely in its capacity as trustee (the ‘Grantor Trustee”) of the Lehman XS Grantor Trust 1-A2A, Series 2006-16N (“Party B”) have entered into a Master Agreement dated as of September 29, 2006 as amended from time to time (the “Master Agreement”), pursuant to which Party A and Party B have entered and/or anticipate entering into one or more transactions (each a “Transaction”), the Confirmation of each of which supplements, forms part of, and will be read and construed as one with, the Master Agreement (collectively referred to as the “Agreement”). This Guarantee is a Credit Support Document as contemplated in the Agreement. For value received, and in consideration of the financial accommodation accorded to Party A by Party B under the Agreement, LEHMAN BROTHERS HOLDINGS INC., a corporation organized and existing under the laws of the State of Delaware (“Guarantor”), hereby agrees to the following:
LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, DEPOSITOR MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of September 1, 2006 Lehman XS Trust (Mortgage Pass-Through Certificates, Series 2006-16N)Mortgage Loan Sale and Assignment Agreement • October 13th, 2006 • Lehman XS Trust Series 2006-16n • Asset-backed securities • New York
This MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT, dated as of September 1, 2006 (the “Agreement”), is executed by and between Lehman Brothers Holdings Inc. (the “Seller”) and Structured Asset Securities Corporation (the “Depositor”).
LEHMAN XS TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-16N TERMS AGREEMENTLehman Xs Trust • October 13th, 2006 • Lehman XS Trust Series 2006-16n • Asset-backed securities
To: Structured Asset Securities Corporation, as Depositor under the Trust Agreement dated as of September 1, 2006 (the “Trust Agreement”).
