BNC Mortgage Loan Trust 2006-1 Sample Contracts

Wells Fargo Bank, N.A., as Servicer and Lehman Brothers Holdings Inc., as Seller and Aurora Loan Services LLC, as Master Servicer BNC Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2006-1 SECURITIZATION SUBSERVICING AGREEMENT Dated as...
Subservicing Agreement • October 13th, 2006 • BNC Mortgage Loan Trust 2006-1 • Asset-backed securities • New York

This SECURITIZATION SUBSERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of November, 2006, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (the “Seller”), WELLS FARGO BANK, N.A. (the “Servicer”), AURORA LOAN SERVICES LLC, 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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ISDA® International Swaps and Derivatives Association, Inc. SCHEDULE to the Master Agreement dated as of September 29, 2006 between
Master Agreement • October 13th, 2006 • BNC Mortgage Loan Trust 2006-1 • Asset-backed securities • New York
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 BNC Mortgage Loan Trust Mortgage Pass-Through Certificates, Series...
Subservicing Agreement • October 13th, 2006 • BNC Mortgage Loan Trust 2006-1 • Asset-backed securities • New York

This SUBSERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of September, 2006, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“LBH” or the “Seller”), OPTION ONE MORTGAGE CORPORATION, a California corporation (“the Servicer”), having its principal executive offices at 3 Ada, Irvine, California 92618, AURORA LOAN SERVICES LLC, 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, with a copy attached hereto as Exhibit E), recites and provides as follows:

AURORA LOAN SERVICES LLC, as Servicer LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC as Master Servicer BNC Mortgage Loan Trust 2006-1 Mortgage Pass-Through Certificates, Series 2006-1 SERVICING AGREEMENT Dated as of November 1,...
Servicing Agreement • October 13th, 2006 • BNC Mortgage Loan Trust 2006-1 • Asset-backed securities • New York

This SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of September, 2006, by and between LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“LBH” or the “Seller”), AURORA LOAN SERVICES LLC, a Delaware limited liability company in its capacity as primary servicer (“the Servicer”), 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:

LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of September 1, 2006 BNC Mortgage Loan Trust 2006-1 Mortgage Pass-Through Certificates, Series 2006-1
Mortgage Loan Sale and Assignment Agreement • October 13th, 2006 • BNC Mortgage Loan Trust 2006-1 • 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. (“LBH” or the “Seller”) and Structured Asset Securities Corporation (the “Depositor”).

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