XPRESS LOAN SERVICING Student Loan Origination and Servicing AgreementXpress Loan Servicing • April 24th, 2006 • Education Funding Capital Trust Iii • Asset-backed securities • Ohio
THIS AGREEMENT, is made as of March 20, 2006 among EDUCATION LOAN SERVICING CORPORATION, a Delaware corporation doing business as XPRESS LOAN SERVICING (“ELSC”), EDUCATION FUNDING CAPITAL TRUST - III (the “Trust”)‚ a Delaware statutory trust, FIFTH THIRD BANK, as eligible lender trustee (the “Eligible Lender Trustee”) on behalf of the Trust (the Eligible Lender Trustee and the Trust are collectively referred to as the “Lender”), an eligible institution engaged in providing loans (“Student Loans”) to students and parents under Title IV, Part B of the Higher Education Act of 1965, as amended (hereinafter the “Act”) and EDUCATION LENDING SERVICES, INC., as the Master Servicer (the “Master Servicer”).
FIRST AMENDMENT TO THE MASTER SERVICING AGREEMENT AMONG EDUCATION LENDING SERVICES, INC., EDUCATION FUNDING CAPITAL TRUST – III, BANK OF NEW YORK TRUST COMPANY, NATIONAL ASSOCIATION AND FIFTH THIRD BANK, AS ELIGIBLE LENDER TRUSTEEThe Master Servicing Agreement • April 24th, 2006 • Education Funding Capital Trust Iii • Asset-backed securities
THIS FIRST AMENDMENT (this “Amendment”) to Master Servicing Agreement is made as of the 20th day of March, 2006 by and among Education Lending Services, Inc. (the “Master Servicer”), Education Funding Capital Trust – III (the “Issuer”), Bank of New York Trust Company, National Association, as Indenture Trustee (as successor to Fifth Third Bank) (the “Indenture Trustee”) and Fifth Third Bank, as Eligible Lender Trustee on behalf of the Issuer (the “Trust Eligible Lender Trustee”)
