0001162318-04-000675 Sample Contracts

AURORA LOAN SERVICES INC., as Servicer LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES INC. as Master Servicer SASCO Mortgage Loan Trust 2004-GEL3 Mortgage Backed Notes, Series 2004-GEL3 SERVICING AGREEMENT Dated as of September 1, 2004
Servicing Agreement • October 22nd, 2004 • SASCO Mortgage Loan Trust 2004-Gel3 • Asset-backed securities • New York

THIS SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of September, 2004, by and between LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“LBH” or the “Seller”), AURORA LOAN SERVICES INC., a Delaware corporation in its capacity as primary servicer (“the Servicer”), AURORA LOAN SERVICES INC. in its capacity as master servicer under the Transfer and Servicing Agreement (as defined herein, with a copy attached as Exhibit E-1) (the “Master Servicer”), and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as indenture trustee (the “Indenture Trustee”) under the Indenture (as defined herein, with a copy attached as Exhibit E-2), recites and provides as follows:

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TRUST AGREEMENT among STRUCTURED ASSET SECURITIES CORPORATION, as Depositor, WILMINGTON TRUST COMPANY, as Owner Trustee and as Administrator Dated as of September 1, 2004 SASCO MORTGAGE LOAN TRUST 2004-GEL3 Mortgage Backed Notes, Series 2004-GEL3
Trust Agreement • October 22nd, 2004 • SASCO Mortgage Loan Trust 2004-Gel3 • Asset-backed securities • Delaware

This TRUST AGREEMENT, dated as of September 1, 2004, is by and among STRUCTURED ASSET SECURITIES CORPORATION, a Delaware corporation (the “Depositor”), WILMINGTON TRUST COMPANY, a Delaware banking corporation, as Owner Trustee (the “Owner Trustee”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as Administrator (the “Administrator”).

SASCO MORTGAGE LOAN TRUST 2004-GEL3, as Issuer STRUCTURED ASSET SECURITIES CORPORATION, as Depositor AURORA LOAN SERVICES INC., as Master Servicer THE MURRAYHILL COMPANY, as Credit Risk Manager and TRANSFER AND SERVICING AGREEMENT Dated as of...
Custodial Agreement • October 22nd, 2004 • SASCO Mortgage Loan Trust 2004-Gel3 • Asset-backed securities • New York

This TRANSFER AND SERVICING AGREEMENT, dated as of September 1, 2004 (the “Agreement” or the “Transfer and Servicing Agreement”), is by and among SASCO MORTGAGE LOAN TRUST 2004-GEL3, a Delaware statutory trust, as issuer (the “Issuer”), STRUCTURED ASSET SECURITIES CORPORATION, a Delaware corporation, as depositor (the “Depositor”), U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee (the “Indenture Trustee”), THE MURRAYHILL COMPANY, as Credit Risk Manager (the “Credit Risk Manager”), and AURORA LOAN SERVICES INC., as master servicer (the “Master Servicer”).

RECONSTITUTED SERVICING AGREEMENT
Reconstituted Servicing Agreement • October 22nd, 2004 • SASCO Mortgage Loan Trust 2004-Gel3 • Asset-backed securities • New York

THIS RECONSTITUTED SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of September, 2004, by and between LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (the “Seller” or “LBH”), CENDANT MORTGAGE CORPORATION, a New Jersey corporation (the “Servicer”) having an office at 3000 Leadenhall Road, Mt. Laurel, New Jersey 08054, AURORA LOAN SERVICES INC., as master servicer (the “Master Servicer”), and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as indenture trustee (the “Indenture Trustee”), recites and provides as follows:

INDENTURE between SASCO MORTGAGE LOAN TRUST 2004-GEL3, Issuer and Indenture Trustee Dated as of September 1, 2004
Indenture • October 22nd, 2004 • SASCO Mortgage Loan Trust 2004-Gel3 • Asset-backed securities • New York
RECONSTITUTED SERVICING AGREEMENT
Reconstituted Servicing Agreement • October 22nd, 2004 • SASCO Mortgage Loan Trust 2004-Gel3 • Asset-backed securities • New York

THIS RECONSTITUTED SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of September 2004, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“LBH” or “Seller”), WELLS FARGO BANK, N.A., a national banking association (the “Servicer”), AURORA LOAN SERVICES INC., as master servicer (the “Master Servicer”), recites and provides as follows:

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