0001328524-05-000006 Sample Contracts

ASSIGNMENT AND ASSUMPTION AGREEMENT
Assignment and Assumption Agreement • June 14th, 2005 • RASC Series 2005-Ks5 Trust • Asset-backed securities

ASSIGNMENT AND ASSUMPTION AGREEMENT, dated as of May 27, 2005, between Residential Funding Corporation, a Delaware corporation (“RFC”) and Residential Asset Securities Corporation, a Delaware corporation (the “Company”).

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RESIDENTIAL ASSET SECURITIES CORPORATION, Depositor, RESIDENTIAL FUNDING CORPORATION, Master Servicer, and Trustee POOLING AND SERVICING AGREEMENT Dated as of May 1, 2005 Home Equity Mortgage Asset-Backed Pass-Through Certificates Series 2005-KS5
Pooling and Servicing Agreement • June 14th, 2005 • RASC Series 2005-Ks5 Trust • Asset-backed securities • New York

This Pooling and Servicing Agreement, effective as of May 1, 2005, among RESIDENTIAL ASSET SECURITIES CORPORATION, as the depositor (together with its permitted successors and assigns, the “Depositor”), RESIDENTIAL FUNDING CORPORATION, as master servicer (together with its permitted successors and assigns, the “Master Servicer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized under the laws of the United States, as trustee (together with its permitted successors and assigns, the “Trustee”).

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