SUBSEQUENT TRANSFER AGREEMENTSubsequent Transfer Agreement • July 5th, 2005 • First NLC Trust 2005-2 • Asset-backed securities • New York
SUBSEQUENT TRANSFER AGREEMENT (the “Agreement”), dated as of June 30, 2005, by and among FBR SECURITIZATION, INC., a Delaware corporation, as depositor (the “Depositor”), NLC FINANCE II, LLC, a Delaware limited liability company, as seller (“NLC Finance II”) and FIRST NLC FINANCIAL SERVICES, LLC, a Florida limited liability company, as originator and seller (“First NLC,” and together with NLC Finance II, the “Sellers”), LITTON LOAN SERVICING LP, a Delaware limited partnership, as servicer (the “Servicer”), OCWEN FEDERAL BANK FSB, as interim servicer (the “Interim Servicer”), and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, a national association, as trustee (the “Trustee”), pursuant to the Pooling and Servicing Agreement referred to below.
