0001162318-05-000551 Sample Contracts

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ADMINISTRATION AGREEMENT among AEGIS ASSET BACKED SECURITIES TRUST 2005-3, as Issuer WELLS FARGO BANK, N.A., as Administrator WILMINGTON TRUST COMPANY, as Owner Trustee WACHOVIA BANK, NATIONAL ASSOCIATION, as Indenture Trustee and AEGIS ASSET BACKED...
Administration Agreement • July 13th, 2005 • Aegis Asset Backed Securities Trust 2005-3 • Asset-backed securities • New York

This Administration Agreement (the “Agreement”) is entered into as of June 1, 2005, among AEGIS ASSET BACKED SECURITIES TRUST 2005-3, a Delaware statutory trust (the “Issuer”), WELLS FARGO BANK, N.A., a national banking association, not in its individual capacity but solely as administrator (the “Administrator”), WILMINGTON TRUST COMPANY, not in its individual capacity but solely as owner trustee of the Issuer (the “Owner Trustee”), WACHOVIA BANK, NATIONAL ASSOCIATION, not in its individual capacity but solely as indenture trustee (the “Indenture Trustee”), and AEGIS ASSET BACKED SECURITIES CORPORATION, as depositor (the “Depositor”).

MASTER AGREEMENT dated as of June 28, 2005 and
Master Agreement • July 13th, 2005 • Aegis Asset Backed Securities Trust 2005-3 • Asset-backed securities • New York

have entered and/or anticipate entering into one or more transactions (each a "Transaction") that are or will be governed by this Master Agreement, which includes the schedule (the "Schedule"), and the documents and other confirming evidence (each a "Confirmation") exchanged between the parties confirming those Transactions.

SUBSERVICING AGREEMENT
Subservicing Agreement • July 13th, 2005 • Aegis Asset Backed Securities Trust 2005-3 • Asset-backed securities • New York

This SUBSERVICING AGREEMENT dated as of June 1, 2005 (this “Agreement”), is by and between Ocwen Federal Bank FSB, a federally chartered savings bank (together with any successor in interest, the “Servicer”) and Aegis Mortgage Corporation, a Delaware corporation (the “Subservicer”).

BEAR STEARNS
Aegis Asset Backed Securities Trust 2005-3 • July 13th, 2005 • Asset-backed securities • New York

This Agreement is subject to the 2000 ISDA Definitions, as supplemented by the Annex thereto (June 2000 Version) (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). You and we have agreed to enter into this Agreement in lieu of negotiating an agreement in the form of the 1992 ISDA Master Agreement (Multicurrency—Cross Border) and, accordingly, an agreement in such form but without any Schedule attached thereto and with all elections, modifications and amendments to such form contained herein (the "ISDA Form Master Agreement") shall be deemed to have been executed by you and us on the date we entered into the Transaction. In the event of any inconsistency between the provisions of this Agreement and the Definitions or the ISDA Form Master Agreement, this Agreement shall prevail for purposes of the Transaction. Any capitalized terms used but not otherwise defined in this Agreement shall have the meanings assigned to them (or incorporat

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