SALE AND SERVICING AGREEMENT dated as of May 1, 2006 by and among NOVASTAR CERTIFICATES FINANCING CORPORATION as Depositor, NOVASTAR MORTGAGE INC., as Sponsor and Servicer, NOVASTAR FINANCIAL INC., as a Seller NOVASTAR MORTGAGE FUNDING TRUST, SERIES...Sale and Servicing Agreement • June 26th, 2006 • NovaStar Certificates Financing CORP • Asset-backed securities • New York
SALE AND SERVICING AGREEMENT, dated as of May 1, 2006 (this “Agreement”), by and among NOVASTAR CERTIFICATES FINANCING CORPORATION, a Delaware corporation, as depositor (the “Depositor”), NOVASTAR FINANCIAL INC., as seller (the “Seller”), NOVASTAR MORTGAGE INC., a Virginia corporation, as sponsor (the “Sponsor”), NOVASTAR MORTGAGE FUNDING TRUST, SERIES 2006-MTA1, a Delaware statutory trust, as issuing entity (the “Issuing Entity”), NOVASTAR MORTGAGE INC., a Virginia corporation, as servicer (the “Servicer”), JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, a banking association organized under the laws of the United States, as indenture trustee (the “Indenture Trustee”), J.P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION, as co-trustee (the “Co-Trustee”) and U.S. BANK NATIONAL ASSOCIATION, a banking association organized under the laws of the United States, as custodian (the “Custodian”).
