Common use of Series Designation Clause in Contracts

Series Designation. Series 2005-22. ------------------- --------------- Terms of the Series 2005-22 Certificates: Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 3-A1, Class 3-A2, Class 4-A1, Class 4-A2, Class 5-A1, Class 5-A2, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five pools of conventional, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 3-A1, Class 3-A2, Class 4-A1, Class 4-A2, Class 5-A1, Class 5-A2, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-127589. ----------------------

Series Designation. Series 20052001-221. ------------------- --------------- ------------------ Terms of the Series 20052001-22 1 Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities Corporation, Series 2001-1 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-AX, Class 1-PAXAP, Class 2-A1, Class 2-A2, Class 32-A1A3, Class 2-A4, Class 2-A5, Class 2-A6, Class 3-A2A, Class 43-A1AX, Class 43-A2, Class 5-A1, Class 5-A2AP, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II B6 and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five three pools of fixed rate, conventional, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-AX, Class 1-PAXAP, Class 2-A1, Class 2-A2, Class 32-A1A3, Class 2-A4, Class 2-A5, Class 2-A6, Class 3-A2A, Class 43-A1AX, Class 43-A2, Class 5-A1, Class 5-A2AP, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-12758935026. -------------------------------------------- Certificate Ratings: It is a condition of Closing that at the Closing Date the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-AX, Class 1-AP, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class 2-A6, Class 3-A, Class 3-AX and Class 3-AP Certificates be rated "AAA" by Standard & Poor's Rating Services ("S&P") and rated "Aaa" by Moody's Investors Service, Inc., ("Moody's" and xxxxxxxively the "Rating Agencies"); xxx Xlass R Certificate be rated "AAA" by S&P; the Class B1 Certificates be rated "AA" by S&P and "Aa3" by Moody's; the Class B2 Certificates be rated "A" by S&P and "A2" by Moody's; and the Class B3 Certificates be rated "BBB" by S&P and "Baa2" by Moody's.

Series Designation. Series 20052000-221. ------------------- --------------- ------------------ Terms of the Series 20052000-22 1 Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities Corporation, Series 2000-1 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AXA6, Class 1-PAXA7, Class 1-AP, Class 2-A1, Class 2-A2, Class 32-A1A3, Class 2-A4, Class 2-A5, Class 2-AP, Class 3-A2A, Class 43-A1AP, Class 4-A2, Class 5-A1, Class 5-A2AX, Class B1-I, Class B1X, Class B2-I, Class B2X, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II B6 and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five three pools of fixed rate, conventional, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans") and a mortgage-backed certificate (the "Underlying Certificate"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AXA6, Class 1-PAXA7, Class 1-AP, Class 2-A1, Class 2-A2, Class 32-A1A3, Class 2-A4, Class 2-A5, Class 2-AP, Class 3-A2A, Class 43-A1AP, Class 4-A2, Class 5-A1, Class 5-A2AX, Class B1-I, Class B1X, Class B2-I, Class B3-IB2X, Class B4-I, Class B5-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-12758968513. -------------------------------------------- Certificate Ratings: It is a condition of Closing that at the Closing Date: the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-AP, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class 2-AP, Class 3-A, Class 3-AP and Class AX Certificates be rated "AAA" by each of Duff & Xxxxxx Credit Rating Co. ("DCR") and Xxxxx'x Investors Service, Inc. ("Moody's," together with DCR, the "Rating Agencies"); the Class R Certificates be rated "AAA" by DCR; the Class B1 and B1X Certificates be rated "AA" by DCR; the Class B2 and B2X Certificates be rated "A" by DCR; and the Class B3 Certificates be rated "BBB" by DCR.

Series Designation. Series 20052007-221. ------------------- --------------- Terms of the Series 20052007-22 1 Certificates: Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 20052007-221, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 32-A1A3, Class 32-A2A4, Class 42-A1AX, Class 4-A2X-0, Xxxxx X-0, Class 5-A1M-3, Class 5-A2M-4, Class B1-IM-5, Class B2-IM-6, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-IM-7, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II II, Class X, Class C, Class R-I and Class R R-II (the "“Certificates"”) will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "“Trust Fund"”). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five two pools of conventional, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 491,097,797.16 (the "“Mortgage Loans"”). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 32-A1A3, Class 32-A2A4, Class 42-A1AX, Class 4-A2X-0, Xxxxx X-0, Class 5-A1M-3, Class 5-A2M-4, Class B1-IM-5, Class B2-IM-6, Class B3-I, Class B4-I, Class B5-IM-7, Class B1-II, Class B2-II, Class B3-II, Class B4-II and Class R R-II Certificates (the "“Offered Certificates"”) are being sold pursuant to the terms hereof. Registration Statement: File Number 333-127589133985. ----------------------Certificate Ratings: It is a condition of Closing that at the Closing Date the Class 1-A1 and Class 1-A2 Certificates be rated “AAA” by Standard & Poor’s, A division of The XxXxxx-Xxxx Companies, Inc. (“S&P”) and “Aaa” by Xxxxx’x Investors Service, Inc., (“Moody’s”); the Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-AX and the Class R-II Certificates be rated “AAA” by S&P and by Fitch Ratings LTD (“Fitch”); the Class M-1 Certificates be rated “Aa2” by Moody’s and “AAA” by S&P; the Class M-2 Certificates be rated “Aa3” by Moody’s and “AA+” by S&P; the Class M-3 Certificates be rated “AA+” by S&P; the Class M-4 Certificates be rated “AA” by S&P; the Class M-5 Certificates be rated “A+” by S&P; the Class M-6 Certificates be rated “A” by S&P; the Class M-7 Certificates be Rated “BBB” by S&P; the Class B1-II Certificates be rated “AA” by Fitch; the Class B2-II Certificates be Rated “A” by Fitch; and the Class B3-II Certificates be rated “BBB” by Fitch.

Series Designation. Series 20052002-22. ------------------- --------------- 16A. ------------------ ---------------- Terms of the Series 20052002-22 16A Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities Corporation, Series 2002-16A Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 3-A1, Class 3-A2, Class 4-A1, Class 4-A2, Class 4-A3, Class 5-A1, Class 5-A2, Class B1-I, Class B1-I-X, Class B2-I, Class B3B2-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-IX, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five pools of adjustable rate, conventional, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 3-A1, Class 3-A2, Class 4-A1, Class 4-A2, Class 4-A3, Class 5-A1, Class 5-A2, Class B1-I, Class B1-I-X, Class B2-I, Class B3B2-I, Class B4-I, Class B5-IX, Class B1-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-12758982904. ----------------------

Series Designation. Series 20052001-229. ------------------- --------------- Terms of the Series 20052001-22 9 Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities Corporation, Series 2001-9 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AXAP, Class 1-PAXAX, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A5, Class 2-A6, Class 2-AX, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-A5, Class 3-A6, Class 3-A7, Class 3-AP, Class 3-AX, Class 4-A1, Class 4-A2, Class 4-A3, Class 4-A5, Class 4-A6, Class 4-A7, Class 4-AP, Class 4-AX, Class 5-A1, Class 5-AP, Class 5-AX, Class 6-A1, Class 6-A2, Class 6-A3, Class 6-A5, Class 6-A6, Class 6-AP, Class 6-AX, Class A4, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II B6 and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five six pools of fixed rate, fully amortizing and balloon, conventional, first lien, adjustable rate, fully amortizing, lien residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AXAP, Class 1-PAXAX, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A5, Class 2-A6, Class 2-AX, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-A5, Class 3-A6, Class 3-A7, Class 3-AP, Class 3-AX, Class 4-A1, Class 4-A2, Class 4-A3, Class 4-A5, Class 4-A6, Class 4-A7, Class 4-AP, Class 4-AX, Class 5-A1, Class 5-AP, Class 5-AX, Class 6-A1, Class 6-A2, Class 6-A3, Class 6-A5, Class 6-A6, Class 6-AP, Class 6-AX, Class A4, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-12758935026. --------------------------------------------- Certificate Ratings: It is a condition of Closing that at the Closing Date the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A5, Class 1-AP, Class 1-AX, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A5, Class 2-A6, Class 2-AX, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-A5, Class 3- A6, Class 3-A7, Class 3-AP, Class 3-AX, Class 4-A1, Class 4-A2, Class 4-A3, Class 4-A5, Class 4-A6, Class 4-A7, Class 4-AP, Class 4-AX, Class 5-A1, Class 5-AP, Class 5-AX, Class 6-A1, Class 6-A2, Class 6-A3, Class 6-A5, Class 6-A6, Class 6-AP, Class 6-AX and Class A4 Certificates be rated "AAA" by Standard & Poor's Rating Services, Inc., a division of The XxXxxx-Xxxx Companies, Inc. ("S&P") and Fitch, Inc. ("Fitch") rated "Aaa" by Xxxxx'x Investors Service, Inc., ("Xxxxx'x") the Class R Certificate be rated "AAA" by S&P and Fitch; the Class B1 Certificates be rated "AA" by Fitch; the Class B2 Certificates be rated "A" by Fitch; and the Class B3 Certificates be rated "BBB" by Fitch.

Series Designation. Series 20052003-22. 34A. ------------------- --------------- ---------------- Terms of the Series 20052003-22 34A Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities Corporation, Series 2003-34A Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAXA, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-AX, Class 3-A1, Class 3-A2, Class 43-A1A3, Class 3-A4, Class 3-A5, Class 3-A6, Class 3-AX, Class 4-A2A, Class 4-AX, Class 5-A1, Class 5-A2, Class 5-A3, Class 5-A4, Class 5-A5, Class 5-A6, Class 5-AX, Class 5-PAX, Class 6-A, Class B1-I, Class B1-I-X, Class B2-I, Class B3B2- I-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-IX, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II II, Class P-III and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five six pools of adjustable rate, conventional, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAXA, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-AX, Class 3-A1, Class 3-A2, Class 43-A1A3, Class 3-A4, Class 3-A5, Class 3-A6, Class 3-AX, Class 4-A2A, Class 4-AX, Class 5-A1, Class 5-A2, Class 5-A3, Class 5-A4, Class 5-A5, Class 5-A6, Class 5-AX, Class 5-PAX, Class 6-A, Class B1-I, Class B1-I-X, Class B2-I, Class B2-I, Class B3-I, Class B4-I, Class B5-IX, Class B1-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-127589106295. ---------------------------------------------------------------------- Certificate Ratings: It is a condition of Closing that at the Closing Date the Class 1-A, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-AX, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-A4, Class 3-A5, Class 3-A6, Class 3-AX, Class 4-A, Class 4-AX, Class 5-A1, Class 5-A2, Class 5-A3, Class 5-A4, Class 5-A5, Class 5-A6, Class 5-AX, Class 5-PAX, Class 6-A and Class R Certificates be rated "AAA" by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. ("S&P"), and "Aaa" by Moody's Investors Sxxxxxx, Xxx., ("Moody's" and together with S&P, thx "Xxxxng Agencies"); the Class B1-0, Xxxxs B1-I-X and Class B1-II Certificates be rated "AA" by S? the Class B2-I, Class B2-I-X and Class B2-II Certificates be rated "A" by S&P and the Class B3 Certificates be rated "BBB" by S&P. Terms of Sale of Offered Certificates: The Depositor agrees to sell to Lehman Brothers Inc. (the "Underwriter"), and the Underwriter agrees xx xxxchase from the Depositor, the Offered Certificates in the principal amounts and prices set forth on Schedule 1 annexed hereto. The purchase price for the Offered Certificates shall be the Purchase Price Percentage set forth in Schedule 1 plus accrued interest at the initial interest rate per annum from and including the Cutoff Date up to, but not including, the Closing Date. The Underwriter will offer the Offered Certificates to the public from time to time in negotiated transactions or otherwise at varying prices to be determined at the time of sale. Cut-off Date: October 1, 2003. ------------- Closing Date: 10:00 A.M., New York time, on or about October 30, 2003. On the Closing Date, the Depositor will deliver the Offered Certificates to the Underwriter against payment therefor for the account of the Underwriter. If the foregoing is in accordance with your understanding of our agreement, please sign and return to us a counterpart hereof, whereupon this instrument along with all counterparts will become a binding agreement between the Depositor and the Underwriter in accordance with its terms. LEHMAN BROTHERS INC. By: ___________________________ Name: Stanley P. Labanowski Title: Xxxxxx Xxxx Xxxxxxxxx Accepted: STRUCTURED ASSET SECURITIES CORPORATION By: _____________________________ Name: Michael C. Hitzmann Title: Vice President Xxxxxule 1 ---------- Class ----- Initial Certificate Certificate Purchase Price Principal Interest Rate Percentage Amount(1) ------------- ---------- --------- 1-A $93,424,000 Adjustable(2) 100% 2-A1 $50,000,000 Adjustable(2) 100% 2-A2 $75,000,000 4.315%(3) 100% 2-A3 $23,614,000 4.600%(3) 100% 2-AX (4) 4.600%(4) 100% 3-A1 $5,000,000 4.960%(3) 100% 3-A2 $147,500,000 4.580%(3) 100% 3-A3 $196,579,000 4.700%(3) 100% 3-A4 $15,000,000 Adjustable(2) 100% 3-A5 $30,000,000 4.130%(3) 100% 3-A6 $5,900,000 Adjustable(2) 100% 3-AX (4) 4.700%(4) 100% 4-A $121,642,000 4.150%(3) 100% 4-AX (4) 4.150%(4) 100% 5-A1 $128,025,000 1.870%(3) 100% 5-A2 $69,403,000 4.355%(3) 100% 5-A3 $29,107,000 3.840%(3) 100% 5-A4 $191,000,000 4.630%(3) 100% 5-A5 $9,550,000 4.650%(3) 100% 5-A6 (4) 4.650%(4) 100% 5-AX (4) 4.650%(4) 100% 5-PAX (4) 4.650%(4) 100% 6-A $132,251,000 Adjustable(2) 100% B1-I $3,585,000 Adjustable(2) 100% B1-I-X (4) Adjustable(2)(4) 100% B2-I $1,464,000 Adjustable(2) 100% B2-I-X (4) Adjustable(2)(4) 100% B1-II $40,376,000 Adjustable(2) 100% B2-II $11,719,000 Adjustable(2) 100% B3 $10,029,000 Adjustable(2) 100% R $100 Adjustable(2) 100% ---------------

Series Designation. First Nationwide Trust 1999-1; Series 20051999-221. ------------------- --------------- Terms of the Series 20051999-22 1 Certificates: First Nationwide Trust 1999-1, Structured Adjustable Rate Mortgage Loan Trust Asset Securities Corporation, Series 1999-1 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAXA, Class 2-A1, Class 2-A2, Class 32-A1A3, Class 32-A2A4, Class 42-A1A5, Class 42-A2A6, Class 52-A1A7, Class 52-A2A8, Class B1-IAX, Class B2-IAP, Class B31-IB1, Class B42-IB1, Class B51-IB2, Class B62-IB2, Class B71-IB3, Class B82-IB3, Class B11-IIB4, Class B22-IIB4, Class B31-IIB5, Class B42-IIB5, Class B51-IIB6, Class B62-II, Class B7-II, Class P-I, Class P-II B6 and Class R Certificates (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date consist of (as defined belowi) will consist primarily of five two pools of conventional, first lien, adjustable fixed rate, fully amortizing, conventional, first lien residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"); (ii) a certificate guaranty insurance policy for the exclusive benefit of the Class 2-A3 Certificates; and (iii) a reserve fund exclusively for the benefit of the Class 2-A3 Certificates. Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAXA, Class 2-A1, Class 2-A2, Class 32-A1A3, Class 32-A2A4, Class 42-A1A5, Class 42-A2A6, Class 52-A1A7, Class 52-A2A8, Class B1-IAX, Class B2-IAP, Class B31-IB1, Class B42-IB2, Class B51-IB2, Class B12-IIB2, Class B21-IIB3, Class B32-II, Class B4-II B3 and Class R Certificates (together, the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-12758968513. ----------------------Certificate Ratings: It is a condition of Closing that at the Closing Date the Class 1-A, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A5, Class 2-A6, Class 2-A7, Class 2-A8 and Class R Certificates be rated "AAA" by Standard & Poor's Rating Services, a division of the XxXxxx-Xxxx Companies, Inc. ("S&P") that the Class 1-A, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class 2-A6, Class 2-A7, Class 2-A8, Class AX, Class AP and Class R Certificates be rated "AAA" by Fitch IBCA, Inc. ("Fitch"); that the Class 2-A4, Class AX and Class AP Certificates be rated "AAAr" by S&P; that the Class 1-B1 and Class 2-B1 Certificates be rated "AA" by Fitch; that the Class 1-B2 and Class 2-B2 Certificates be rated "A" by Fitch; and that the Class 1-B3 and Class 2-B3 Certificates be rated "BBB" by Fitch.

Series Designation. Series 20052002-226. ------------------- --------------- Terms of the Series 20052002-22 6 Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities Corporation, Series 2002-6 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 3-A1, Class 3-A2, Class 43-A1A3, Class 43-A2A4, Class 53-A1A5, Class 53-A2A6, Class 3-A7, Class IAX, Class PAX, Class AP, Class AX, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II P and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five three pools of fixed rate, conventional, fully amortizing and balloon, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 3-A1, Class 3-A2, Class 43-A1A3, Class 43-A2A4, Class 53-A1A5, Class 53-A2A6, Class 3-A7, Class IAX, Class PAX, Class AP, Class AX, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-12758982904. ----------------------Certificate Ratings: It is a condition of Closing that at the Closing Date the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 2-A1, Class 2-A2, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-A4, Class 3-A5, Class 3-A6, Class 3-A7, Class IAX, Class PAX, Class AP and Class AX Certificates be rated "AAA" by Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P") and be rated "Aaa" by Xxxxx'x Investors Service, Inc. ("Xxxxx'x" and, together with S&P, the "Rating Agencies"); the Class R Certificate be rated "AAA" by S&P; the Class B1 Certificates be rated "AA" by S&P; the Class B2 Certificates be rated "A" by S&P; and the Class B3 Certificates be rated "BBB" by S&P.

Series Designation. Series 20052004-221. ------------------- --------------- -------------- Terms of the Series 20052004-22 1 Certificates: Structured Adjustable Rate Mortgage Loan Trust Loan, Series 2004-1 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAXA, Class 2-A1A, Class 2-A2AX, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-AX, Class 4-A1A-1, Class 4-A2, Class 54-A1A3, Class 4-A4, Class 4-A5, Class 4-AX, Class 4-PAX, Class 5-A2A, Class 5-AX, Class 6-A, Class 6-AX, Class B1-I, Class B1X-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8B2X-I, Class B1-II, Class B1X-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II II, Class P-III, Class CX and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five six pools of adjustable rate, conventional, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAXA, Class 2-A1A, Class 2-A2AX, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-AX, Class 4-A1A-1, Class 4-A2, Class 54-A1A3, Class 4-A4, Class 4-A5, Class 4-AX, Class 4-PAX, Class 5-A2A, Class 5-AX, Class 6-A, Class 6-AX, Class B1-I, Class B1X-I, Class B2-I, Class B3-I, Class B4-I, Class B5B2X-I, Class B1-II, Class B1X-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-127589106295. --------------------------------------------- Certificate Ratings: It is a condition of Closing that at the Closing Date the Class 1-A, Class 2-A, Class 2-AX, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-AX, Class 4-A-1, Class 4-A2, Class 4-A3, Class 4-A4, Class 4-AX, Class 4-PAX, Class 5-A, Class 5-AX, Class 6-A, Class 6-AX and Class R Certificates be rated "AAA" by Standard & Poor's, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P"), and "Aaa" by Xxxxx'x Investors Service, Inc. ("Xxxxx'x" and together with S&P, the "Rating Agencies"); the Class 4-A5 Certificates be rated "AAA" by S&P; the Class B1-I, Class B1X-I, Class B1-II and Class B1X-II Certificates be rated "AA" by S&P; the Class B2-I, Class B2X-I and Class B2-II Certificates be rated "A" by S&P and the Class B3 Certificates be rated "BBB" by S&P. Terms of Sale of Offered Certificates: The Depositor agrees to sell to Xxxxxx Brothers Inc., (the "Underwriter") and the Underwriter agrees to purchase from the Depositor, the Offered Certificates in the principal amounts and prices set forth on Schedule 1 annexed hereto. The purchase price for the Offered Certificates shall be the Purchase Price Percentage set forth in Schedule 1 plus accrued interest at the initial interest rate per annum from and including the Cutoff Date up to, but not including, the Closing Date. The Underwriter will offer the Offered Certificates to the public from time to time in negotiated transactions or otherwise at varying prices to be determined at the time of sale.

Series Designation. Series 20052001-2213. ------------------- --------------- ------------------ Terms of the Series 20052001-22 13 Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities Corporation, Series 2001-13 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-A10, Class 1-A11, Class 1-A12, Class 1-AX, Class 1-PAXAP, Class 2-A1A, Class 2-A2AX, Class 32-A1, Class 3-A2, Class 4-A1, Class 4-A2, Class 5-A1, Class 5-A2AP, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II B6 and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five two pools of conventional, first lien, adjustable fixed rate, fully amortizing, first lien, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-A10, Class 1-A11, Class 1-A12, Class 1-AX, Class 1-PAXAP, Class 2-A1A, Class 2-A2AX, Class 32-A1, Class 3-A2, Class 4-A1, Class 4-A2, Class 5-A1, Class 5-A2AP, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-12758963602. -------------------------------------------- Certificate Ratings: It is a condition of Closing that at the Closing Date Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-A10, Class 1-A11, Class 1-A12, Class 1-AX, Class 1-AP, Class 2-A, Class 2-AX and Class 2-AP Certificates be rated "AAA" by Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P") and be rated "Aaa" by Xxxxx'x Investors Service, Inc., ("Xxxxx'x" and together with S&P, the "Rating Agencies"); the Class R Certificate be rated "AAA" by S&P; the Class B1 Certificates be rated "AA" by S&P; the Class B2 Certificates be rated "A" by S&P; and the Class B3 Certificates be rated "BBB" by S&P.

Series Designation. Series 20052001-2217. ------------------- --------------- ------------------ Terms of the Series 20052001-22 17 Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities Corporation, Series 2001-17 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AXA6, Class 1-PAXAP, Class 1-AX, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A5, Class 2-A6, Class 2-A7, Class 2-A8, Class 2-A9, Class 2-A10, Class 2-A11, Class 2-A12, Class 2-AX, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-A5, Class 3-AP, Class 3-AX, Class 4-A1, Class 4-A2, Class 54-A1A3, Class 54-A2A5, Class 4-A6, Class 4-A7, Class 4-AP, Class 4-AX, Class A4, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II B6 and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five four pools of conventional, first lien, adjustable fixed rate, fully amortizing, first lien, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AXA6, Class 1-PAXAP, Class 1-AX, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A5, Class 2-A6, Class 2-A7, Class 2-A8, Class 2-A9, Class 2-A10, Class 2-A11, Class 2-A12, Class 2-AX, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-A5, Class 3-AP, Class 3-AX, Class 4-A1, Class 4-A2, Class 54-A1A3, Class 54-A2A5, Class 4-A6, Class 4-A7, Class 4-AP, Class 4-AX, Class A4, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-12758963602. -------------------------------------------- Certificate Ratings: It is a condition of Closing that at the Closing Date the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A5, Class 1-A6, Class 1-AP, Class 1-AX, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A5, Class 2-A6, Class 2-A7, Class 2-A8, Class 2-A9, Class 2-A10, Class 2-A11, Class 2-A12, Class 2-AX, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-A5, Class 3-AP, Class 3-AX, Class 4-A1, Class 4-A2, Class 4-A3, Class 4-A5, Class 4-A6, Class 4-A7, Class

Series Designation. Series 20052001-225. ------------------- --------------- ------------------ Terms of the Series 20052001-22 5 Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities --------------------------------------- Corporation, Series 2001-5 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AXA6, Class 1-PAXA7, Class 1-A8, Class 1-A9, Class 1-AP, Class 1-AX, Class 2-A1, Class 2-A2, Class 2-A3, Class 3-A1, Class 3-A2, Class 43-A1A3, Class 43-A2A5, Class 53-A1A6, Class 53-A2AP, Class A4, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II B6 and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five three pools of fixed rate, conventional, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AXA6, Class 1-PAXA7, Class 1-A8, Class 1-A9, Class 1-AP, Class 1-AX, Class 2-A1, Class 2-A2, Class 2-A3, Class 3-A1, Class 3-A2, Class 43-A1A3, Class 43-A2A5, Class 53-A1A6, Class 53-A2AP, Class A4, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-12758935026. -------------------------------------------- Certificate Ratings: It is a condition of Closing that at the Closing Date ------------------- Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-AP, Class 1-AX, Class 2-A1, Class 2-A2, Class 2-A3, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-A5, Class 3-A6, Class 3-AP and Class A4 Certificates be rated "AAA" by Standard & Poor's Rating Services, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P") and rated "Aaa" by Xxxxx'x Investors Service, Inc., ("Xxxxx'x" and collectively the "Rating Agencies"); the Class R Certificate be rated "AAA" by S&P; the Class B1 Certificates be rated "Aa3" by Xxxxx'x and "AA" by S&P; the Class B2 Certificates be rated "A3" by Moody's and "A" by S&P; and the Class B3 Certificates be rated "Baa3" by Moody's and "BBB" by S&P.

Series Designation. Series 20051997-224. ------------------- --------------- ------------------ Terms of the Series 20051997-22 4 Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities --------------------------------------- Corporation, Series 1997-4 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5AP, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 32-A1A3, Class 32-A2A4, Class 42-A1A5, Class 42-A2A6, Class 52-A1A7, Class 52-A2A8, Class 2-A9, Class 2-AP, Class 2-AX, Class 1-B1, Class 2-IB1, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II R1 and Class R R2 (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five two pools of adjustable rate, conventional, first lien, adjustable rate, fully amortizing, lien residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5AP, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 32-A1A3, Class 32-A2A4, Class 42-A1A5, Class 42-A2A6, Class 52-A1A7, Class 52-A2A8, Class B12-IA9, Class B22-IAP, Class B32-IAX, Class B4R1 and Class R2 Certificates (collectively, the "Senior Certificates") and the Class 1-IB1, Class B52-IB1, Class B1-II, Class B2-II, Class B3-II, Class B4-II B2 and Class R B3 Certificates (together with the Senior Certificates, the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 33333-12758999598. -------------------------------------------- Certificate Ratings: It is a condition to the issuance of the Senior ------------------- Certificates (other than the Class 1-AP, Class 1-AX, Class 2-A5, Class 2-AP and Class 2-AX Certificates) that they be rated "AAA" by each of Duff & Xxxxxx Credit Rating Co. ("DCR") and Standard & Poor's Rating Services, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P"). It is a condition to the issuance of the Class 1-AP, Class 1-AX, Class 2-A5, Class 2-AP and Class 2-AX Certificates that they be rated "AAA" by DCR and "AAAr" by S&P. It is a condition to the issuance of the Class 1-B1 and Class 2-B1 Certificates that they be rated "AA" by DCR and S&P; it is a condition to the issuance of the Class B2 Certificates that they be rated "A" by DCR; it is a condition to the issuance of the Class B3 Certificates that they be rated "BBB" by DCR.

Series Designation. Series 20052006-221. ------------------- --------------- Terms of the Series 20052006-22 1 Certificates: Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 20052006-221, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-AX, Class 3-A1, Class 3-A2, Class 4-A1, Class 4-A2A, Class 5-A1, Class 5-A2, Class 5-A3, Class 5-AX, Class 6-A1, Class 6-A2, Class 6-AX, Class 7-A1, Class 7-A2, Class 7-A3, Class 7-A4, Class 7-A5, Class 7-AX, Class 8-A1, Class 8-A2, Class 8-AX, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B9-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five four pools of conventional, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 1,112,876,859.59 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-AX, Class 3-A1, Class 3-A2, Class 4-A1, Class 4-A2A, Class 5-A1, Class 5-A2, Class 5-A3, Class 5-AX, Class 6-A1, Class 6-A2, Class 6-AX, Class 7-A1, Class 7-A2, Class 7-A3, Class 7-A4, Class 7-A5, Class 7-AX, Class 8-A1, Class 8-A2, Class 8-AX, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-127589. ----------------------.

Series Designation. Series 20052006-222. ------------------- --------------- -------------- Terms of the Series 20052006-22 2 Certificates: Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 20052006-222, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class AX, Class PAX, Class 3-A1, Class 3-A2, Class 4-A1, Class 4-A2, Class 4-AX, Class 5-A1, Class 5-A2, Class 5-AX, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II II, Class P-III, Class P-IV and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five pools of conventional, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 1,329,713,405.01 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-AX, Class 1-PAX, Class 2-A1, Class 2-A2, Class AX, Class PAX, Class 3-A1, Class 3-A2, Class 4-A1, Class 4-A2, Class 4-AX, Class 5-A1, Class 5-A2, Class 5-AX, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-127589. ----------------------.

Series Designation. Series 20052007-22. ------------------- --------------- 15N. Terms of the Series 20052007-22 15N Certificates: Structured Adjustable Rate Mortgage Loan Xxxxxx XS Trust Mortgage Pass-Through Certificates, Series 20052007-2215N, Class 1-A1, Class 1-A2, Class 1-A3, Class 11C-A4A1, Class 11C-A5A2, Class 11C-AX, Class 1-PAXA3, Class 2-A1, Class 2-A2, Class 2-A3, Class AF2, Class AF3, Class 3-A1, Class 3-A2, Class 3-AX, Class 4-A1, Class 4-A2A2A, Class 54-A2B, Class 4-A3, Class 4-AX, Class 4-A1A, Class 4-A1B, Class 4-A1C, Class 4-A1D, Class 4-A1E, Class 4-A1F, Class 4-A1G, Class 54-A2A1H, Class B14-A1IA, Class 4-A1IB, Class 4-A1IC, Class 4-A1ID, Class 4-A1IE, Class 4-A1IF, Class 4-A1IG, Class 4-A1IH, Class M1-I, Class B2M2-I, Class B3M3-I, Class B4M4-I, Class B5M5-I, Class B6M6-I, Class B7M7-I, Class B8M8-I, Class B1M9-I, Class M1-II, Class B2M2-II, Class B3M3-II, Class B4M4-II, Class B5M5-II, Class B6M6-II, Class B7M7-II, Class PM8-II, Class M9-II, Class AP-I, Class P3-AP, Class 4-AP, Class X-I, Class X-II, Class C-I, Class C-II and Class R (the "“Certificates"”) will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "“Trust Fund"”). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five pools of conventional, first lien, hybrid, adjustable raterate negative amortization, fully amortizing, amortizing residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of approximately $1,155,303,179.27 2,828,002,465 (the "“Mortgage Loans"”). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 11C-A4A1, Class 11C-A5A2, Class 11C-AX, Class 1-PAXA3, Class 2-A1, Class 2-A2, Class 2-A3, Class AF2, Class AF3, Class 3-A1, Class 3-A2, Class 3-AX, Class 4-A1, Class 4-A2A2A, Class 54-A2B, Class 4-A3, Class 4-AX, Class 4-A1A, Class 4-A1B, Class 4-A1C, Class 4-A1D, Class 4-A1E, Class 4-A1F, Class 4-A1G, Class 54-A2A1H, Class B14-A1IA, Class 4-A1IB, Class 4-A1IC, Class 4-A1ID, Class 4-A1IE, Class 4-A1IF, Class 4-A1IG and Class 4-A1IH, Class M1-I, Class B2M2-I, Class B3M3-I, Class B4M4-I, Class B5M5-I, Class B1M6-I, Class M7-I, Class M8-I, Class M9-I, Class M1-II, Class B2M2-II, Class B3M3-II, Class B4M4-II, Class M5-II, Class M6-II, Class M7-II, Class M8-II and Class R Certificates M9-II (the "“Offered Certificates"”) are being sold pursuant to the terms hereof. Registration Statement: File Number 333-127589139693. ----------------------Certificate Ratings: It is a condition of Closing that at the Closing Date Certificates are rated by Standard & Poor’s, a division of The XxXxxx-Xxxx Companies, Inc. (“S&P”), by Fitch Ratings, Inc. (“Fitch”) and by Xxxxx’x Investors Service, Inc. (“Moody’s” and together with S&P and Fitch, the “Rating Agencies”) in accordance with the below: Class S&P Fitch Xxxxx’x 1-A1 AAA N/A Aaa 1-A2 AAA N/A Aaa 1-A3 AAA N/A Aaa Class S&P Fitch Xxxxx’x 1C-A1 AAA N/A Aaa 1C-A2 AAA N/A Aaa 1C-A3 AAA N/A Aaa 2-A1 AAA N/A Aaa 2-A2 AAA N/A Aaa 2-A3 AAA N/A Aaa AF2 AAA N/A Aaa AF3 AAA N/A Aaa 3-A1 AAA AAA Aaa 3-A2 AAA AAA Aaa 3-AX AAA AAA Aaa 4-A1 AAA AAA Aaa 4-A2A AAA AAA Aaa 4-A2B AAA AAA Aaa 4-A3 AAA AAA Aaa 4-AX AAA AAA Aaa 4-A1A AAA AAA Aaa 4-A1B AAA AAA Aaa 4-A1C AAA AAA Aaa 4-A1D AAA AAA Aaa 4-A1E AAA AAA Aaa 4-A1F AAA AAA Aaa 4-A1G AAA AAA Aaa 4-A1H AAA AAA Aaa 4-A1IA AAA AAA Aaa 4-A1IB AAA AAA Aaa 4-A1IC AAA AAA Aaa 4-A1ID AAA AAA Aaa 4-A1IE AAA AAA Aaa 4-A1IF AAA AAA Aaa 4-A1IG AAA AAA Aaa 4-A1IH AAA AAA Aaa M1-I AA+ N/A Aa1 M2-I AA N/A Aa2 M3-I AA- N/A Aa3 M4-I A+ N/A A1 M5-I A N/A A2 M6-I A- N/A A3 M7-I BBB+ N/A Baa1 M8-I BBB N/A Baa2 M9-I BB- N/A Baa3 M1-II N/A AA+ Aa1 M2-II N/A AA Aa2 M3-II N/A AA- Aa3 M4-II N/A A+ A1 M5-II N/A A A2 M6-II N/A A- A3 M7-II N/A BBB+ Baa1 M8-II N/A BBB Baa2 M9-II N/A BBB- Baa3

Series Designation. Series 20052001-2212. ------------------- --------------- ------------------ Terms of the Series 20052001-22 12 Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities Corporation, Series 2001-12 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-AX, Class 1-PAXAP, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class 2-A6, Class 2-A7, Class 2-A8, Class 2-A9, Class 2-A10, Class 2-A11, Class 2-A12, Class 2-A13, Class 2-AX, Class 3-A1, Class 3-A2, Class 43-A1A3, Class 43-A2A4, Class 53-A1A5, Class 53-A2AX, Class B1B1(1-I3), Class B2B1(2), Class B2(1-I3), Class B2(2), Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II B6 and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five four pools of conventional, first lien, adjustable fixed rate, fully amortizing, first lien, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-AX, Class 1-PAXAP, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class 2-A6, Class 2-A7, Class 2-A8, Class 2-A9, Class 2-A10, Class 2-A11, Class 2-A12, Class 2-A13, Class 2-AX, Class 3-A1, Class 3-A2, Class 43-A1A3, Class 43-A2A4, Class 53-A1A5, Class 53-A2AX, Class B1B1(1-I3), Class B2-IB1(2), Class B3B2(1-I3), Class B4-IB2(2), Class B5-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-12758963602. -------------------------------------------- Certificate Ratings: It is a condition of Closing that at the Closing Date Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-AX, Class 1-AP, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class 2-A6, Class 2-A7, Class 2-A8, Class 2-A9, Class 2-A10, Class 2-A11, Class 2-A12, Class 2-A13, Class 2-AX, Class 3-A1, Class 3-A2, Class 3-A3, Class 3-A4, Class 3-A5 and Class 3-AX Certificates be rated "AAA" by Standard & Poor's Rating Services, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P") and rated "Aaa" by Xxxxx'x Investors Service, Inc., ("Moody's" and collectively the "Rating Agencies"); the Class R Certificate be rated "AAA" by S&P; the Class B1(1-3) and Class B1(2) Certificates be rated "AA" by S&P; the Class B2(1-3) and Class B2(2) Certificates be rated "A" by S&P; and the Class B3 Certificates be rated "BBB" by S&P. Terms of Sale of Offered Certificates: The Depositor agrees to sell to Xxxxxx Brothers Inc., (the "Underwriter") and the Underwriter agrees to purchase from the Depositor, the Offered Certificates in the principal amounts and prices set forth on Schedule 1 annexed hereto. The purchase price for the Offered Certificates shall be the Purchase Price Percentage set forth in Schedule 1 plus accrued interest at the initial interest rate per annum from and including the Cut-off Date up to, but not including, the Closing Date. The Underwriter will offer the Offered Certificates to the public from time to time in negotiated transactions or otherwise at varying prices to be determined at the time of sale. Cut-off Date: August 1, 2001. ------------ Closing Date: 10:00 A.M., New York time, on or about August 30, 2001. On the Closing Date, the Depositor will deliver the Offered Certificates to the Underwriter against payment therefor for the account of the Underwriter. Counsel: XxXxx Xxxxxx LLP will act as counsel for the Underwriters. If the foregoing is in accordance with your understanding of our agreement, please sign and return to us a counterpart hereof, whereupon this instrument along with all counterparts will become a binding agreement between the Depositor and the Underwriter in accordance with its terms. XXXXXX BROTHERS INC. By: /s/ Xxxxxx X. Xxxxx ----------------------- Name: Xxxxxx X. Xxxxx Title: Senior Vice President Accepted: STRUCTURED ASSET SECURITIES CORPORATION By: /s/ Xxxxx X. Xxxxxxx ------------------------- Name: Xxxxx X. Xxxxxxx Title: Vice President Schedule 1 Initial Certificate Principal Amount(1) or Initial Notional Certificate Purchase Price Class Amount Interest Rate Percentage ============================== ============================== =========================== ============================ 1-A1 $54,738,000 5.00% 100% 1-A2 30,000,000 4.80 100% 1-A3(2) (3) 6.75 100% 1-A4 200,000,000 5.80 100% 1-A5 10,000,000 6.75 100% 1-A6 10,000,000 6.75 100% 1-A7 24,025,000 6.75 100% 1-AX(2) (3) 6.75 100% 1-AP 184,824 0.00(5) 100% 2-A1 70,600,000 5.75 100% 2-A2 35,771,000 6.35 100% 2-A3 15,200,000 6.50 100% 2-A4(2) (3) 7.25 100% 2-A5 33,550,000 6.00 100% 2-A6 20,000,000 6.50 100% 2-A7 50,000,000 6.35 100% 2-A8 10,000,000 6.50 100% 2-A9 62,004,678 (6) 100% 2-A10 7,900,000 7.25 100% 2-A11 2,326,000 7.25 100% 2-A12 1,000,000 7.25 100% 2-A13 300,000 7.25 100% 2-AX(2) (3) 7.25 100% 3-A1 17,898,000 6.35 100% 3-A2(2) (3) 6.75 100% 3-A3 15,000,000 6.45 100% 3-A4 4,900,000 6.75 100% 3-A5 1,013,000 6.75 100% 3-AX(2) (3) 6.75 100% B1(1-3) 8,790,000 6.75 100% B1(2) 5,933,000 7.25 100% B2(1-3) 3,103,000 6.75 100% B2(2) 2,084,000 7.25 100% B3 4,287,000 (4) 100% R 100 6.75 100%

Series Designation. Series 20052007-22AR1. ------------------- --------------- Terms of the Series 20052007-22 AR1 Certificates: Structured Adjustable Rate GreenPoint Mortgage Loan Funding Trust Mortgage Pass-Through Certificates, Series 20052007-22AR1, Class 1-A1A1A, Class 1-A2A1B, Class 1-A2A, Class 1-A3, Class 12-A4, Class 1-A5, Class 1-AX, Class 1-PAXA1A, Class 2-A1, Class 2-A2A1B, Class 3-A1, Class 3-A2, Class 43-A1A3, Class 43-A2A4, Class 5-A1, Class 5-A2, Class B1M1-I, Class B2M2-I, Class B3M3-I, Class B4M4-I, Class B5M5-I, Class B6M6-I, Class B7M7-I, Class B8M8-I, Class B1M9-I, Class M1-II, Class B2M2-II, Class B3M3-II, Class B4M4-II, Class B5M5-II, Class B6M6-II, Class B7M7-II, Class M8-II, Class M9-II, Class X-I, Class X-II, Class P-I, Class P-II, Class C-I, Class C-II and Class R Certificates (the "“Certificates"”) will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "“Trust Fund"”). Certain classes of Certificates will also represent an interest in one or more cap agreements. The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five three pools of conventional, first lien, adjustable raterate and hybrid, fully amortizingamortizing and balloon, negative amortization residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 1,464,750,955 (the "“Mortgage Loans"”). Only the Class 1-A1A1A, Class 1-A2A1B, Class 1-A2A, Class 1-A3, Class 12-A4, Class 1-A5, Class 1-AX, Class 1-PAXA1A, Class 2-A1, Class 2-A2A1B, Class 3-A1, Class 3-A2, Class 43-A1A3, Class 43-A2A4, Class 5-A1, Class 5-A2, Class B1M1-I, Class B2M2-I, Class B3M3-I, Class B4M4-I, Class B5M5-I, Class B1M6-I, Class M7-I, Class M8-I, Class M9-I, Class M1-II, Class B2M2-II, Class B3M3-II, Class B4M4-II, Class M5-II, Class M6-II, Class M7-II, Class M8-II and Class R M9-II Certificates (the "“Offered Certificates"”) are being sold pursuant to the terms hereof. Registration Statement: File Number 333-127589133985. ----------------------Certificate Ratings: It is a condition of Closing that at the Closing Date the Class 1-A1A, Class 1-A1B, Class 1-A2A, Class 1-A3, Class 2-A1A, Class 2-A1B, Class 3-A1, Class 3-A2, Class 3-A3 and Class 3-A4 Certificates be rated “AAA” by Standard & Poor’s, a division of The XxXxxx-Xxxx Companies, Inc. (“S&P”), and “Aaa” by Xxxxx’x Investors Service, Inc. (“Moody’s” and together with S&P, the “Rating Agencies”); the Class M1-I Certificates be rated “AA+” by S&P and “Aaa” by Moody’s; the Class M2-I Certificates be rated “AA” by S&P and “Aa1” by Moody’s; the Class M3-I Certificates be rated “Aa1” by Moody’s; the Class M4-I Certificates be rated “Aa2” by Moody’s; the Class M5-I Certificates be rated “A1” by Moody’s; the Class M6-I Certificates be rated “A2” by Moody’s; the Class M7-I Certificates be rated “A3” by Moody’s; the Class M8-I Certificates be rated “Baa1” by Moody’s; the Class M9-I Certificates be rated “Baa2” by Moody’s; the Class M1-II Certificates be rated “AA+” by S&P and “Aa1” by Moody's; the Class M2-II Certificates be rated “AA” by S&P and “Aa2” by Moody's; the Class M3-II Certificates be rated “AA-“ by S&P and “Aa2” by Moody's; the Class M4-II Certificates be rated “A+” by S&P and “Aa3” by Moody's; the Class M5-II Certificates be Rated “A” by S&P and “A1” by Moody's; the Class M6-II Certificates be rated “A-” by S&P and “A2” by Moody's; the Class M7-II Certificates be rated “BBB+” by S&P and “A3” by Moody's; the Class M8-II Certificates be rated “Baa1” by Moody's; and the Class M9-II Certificates be rated “Baa3” by Moody's.

Series Designation. Series 20052002-2215. ------------------- --------------- Terms of the Series 20052002-22 15 Certificates: Structured Adjustable Rate Mortgage Loan Trust Asset Securities Corporation, Series 2002-15 Mortgage Pass-Through Certificates, Series 2005-22, Class 1-A1, Class 1-A2, Class A4, Class A5, Class 1-A3, Class 1-A4A6 , Class 1-A5A7, Class 1-AXA8, Class 1-PAXA9, Class 1-A10, Class 1-A11, Class 1-A12, Class 2-A1A3, Class 2-A2A6, Class 32-A1A7, Class 2-A8, Class 2-A9, Class 2-A10, Class 3-A2, Class 43-A1A3, Class 43-A2A6, Class 53-A1A7, Class 53-A2A8, Class 3-A9, Class 3-A10, Class AP, Class AX, Class PAX, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B6-I, Class B7-I, Class B8-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II, Class B6-II, Class B7-II, Class P-I, Class P-II E and Class R (the "Certificates") will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the "Trust Fund"). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of five three pools of fixed rate, conventional, fully amortizing, first lien, adjustable rate, fully amortizing, residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of $1,155,303,179.27 (the "Mortgage Loans"). Only the Class 1-A1, Class 1-A2, Class A4, Class A5, Class 1-A3, Class 1-A4A6 , Class 1-A5A7, Class 1-AXA8, Class 1-PAXA9, Class 1-A10, Class 1-A11, Class 1-A12, Class 2-A1A3, Class 2-A2A6, Class 32-A1A7, Class 2-A8, Class 2-A9, Class 2-A10, Class 3-A2, Class 43-A1A3, Class 43-A2A6, Class 53-A1A7, Class 53-A2A8, Class 3-A9, Class 3-A10, Class AP, Class AX, Class PAX, Class B1-I, Class B2-I, Class B3-I, Class B4-I, Class B5-I, Class B1-II, Class B2-II, Class B3-II, Class B4-II B3 and Class R Certificates (the "Offered Certificates") are being sold pursuant to the terms hereof. Registration Statement: File Number 333-12758982904. ----------------------Certificate Ratings: It is a condition of Closing that at the Closing Date the Class A1, Class A2, Class A4, Class A5, Class 1-A3, Class 1-A6 , Class 1-A7, Class 1-A8, Class 1-A9, Class 1-A10, Class 1-A11, Class 1-A12, Class 2-A3, Class 2-A6, Class 2-A7, Class 2-A8, Class 2-A9, Class 2-A10, Class 3-A2, Class 3-A3, Class 3-A6, Class 3-A7, Class 3-A8, Class 3-A9, Class 3-A10, Class AP, Class AX and Class PAX Certificates be rated "AAA" by Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P") and be rated "AAA" by Fitch Ratings ("Fitch" and, together with S&P, the "Rating Agencies"); the Class R Certificate be rated "AAA" by Fitch and S&P; the Class B1 Certificates be rated "AA" by S&P; the Class B2 Certificates be rated "A" by S&P; and the Class B3 Certificates be rated "BBB" by S&P.