GMACM Home Equity Loan Trust 2006-He2 Sample Contracts

as Purchaser, GMAC MORTGAGE CORPORATION,
Mortgage Loan Purchase Agreement • July 13th, 2006 • GMACM Home Equity Loan Trust 2006-He2 • Asset-backed securities • New York

This Mortgage Loan Purchase Agreement (the "Agreement"), dated as of June 29, 2006, is made among GMAC Mortgage Corporation, as seller ("GMACM") and as servicer (in such capacity, the "Servicer"), Walnut Grove Mortgage Loan Trust 2003-A, as seller ("WG Trust 2003" and, together with GMACM, each a "Seller" and collectively, the "Sellers"), Residential Asset Mortgage Products, Inc., as purchaser (the "Purchaser"), GMACM Home Equity Loan Trust 2006-HE2, as issuer (the "Issuer"), and JPMorgan Chase Bank, National Association, as indenture trustee (the "Indenture Trustee"). WITNESSETH: WHEREAS, GMACM, in the ordinary course of its business acquires and originates home equity loans and acquired or originated all of the home equity loans listed on the Mortgage Loan Schedule attached as Exhibit 1 hereto (the "Initial Mortgage Loans"); WHEREAS, GMACM sold a portion of the Initial Mortgage Loans (the "WG Trust 2003 Initial Mortgage Loans") and intends to sell a portion of the Subsequent Mortgage

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GMAC MORTGAGE CORPORATION as Servicer,
Servicing Agreement • July 13th, 2006 • GMACM Home Equity Loan Trust 2006-He2 • Asset-backed securities • New York

This Servicing Agreement, dated as of June 29, 2006 (the "Agreement"), is among GMAC Mortgage Corporation, as servicer (the "Servicer"), the GMACM Home Equity Loan Trust 2006-HE2, as issuer (the "Issuer"), and JPMorgan Chase Bank, National Association, as indenture trustee (the "Indenture Trustee"). WITNESSETH: WHEREAS, pursuant to the terms of the Purchase Agreement (as defined herein), GMAC Mortgage Corporation, as seller (in such capacity, "GMACM") and as servicer, and Walnut Grove Mortgage Loan Trust 2003-A, as seller ("WG Trust 2003" and, with GMACM, each a "Seller" and together, the "Sellers"), will sell to Residential Asset Mortgage Products, Inc. ("RAMP"), as purchaser (in such capacity, the "Purchaser"), the Initial Mortgage Loans on the Closing Date, and may sell Subsequent Mortgage Loans on one or more Subsequent Transfer Dates, together with the Related Documents on the Closing Date and any Subsequent Transfer Date; WHEREAS, RAMP, as depositor (in such capacity, the "Deposi

TRUST AGREEMENT Dated as of June 29, 2006
Trust Agreement • July 13th, 2006 • GMACM Home Equity Loan Trust 2006-He2 • Asset-backed securities • Delaware

This trust agreement, dated as of June 29, 2006 (as amended from time to time, the "Trust Agreement"), is between Residential Asset Mortgage Products, Inc., a Delaware corporation, as depositor (the "Depositor"), and Wilmington Trust Company, a Delaware banking corporation, as owner trustee (the "Owner Trustee"). WITNESSETH: WHEREAS, the Depositor and the Owner Trustee desire to form a Delaware statutory trust; NOW, THEREFORE, in consideration of the mutual agreements herein contained, the Depositor and the Owner Trustee agree as follows:

and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, Indenture Trustee
GMACM Home Equity Loan Trust 2006-He2 • July 13th, 2006 • Asset-backed securities • New York

This Indenture, dated as of June 29, 2006, is between GMACM Home Equity Loan Trust 2006-HE2, a Delaware statutory trust, as issuer (the "Issuer"), and JPMorgan Chase Bank, National Association, as indenture trustee (the "Indenture Trustee"). WITNESSETH: Each party hereto agrees as follows for the benefit of the other party and for the equal and ratable benefit of the Noteholders and the Enhancer of the Issuer's Series 2006-HE2 GMACM Home Equity Loan-Backed Term Notes (the "Notes"). GRANTING CLAUSE: The Issuer hereby Grants to the Indenture Trustee on the Closing Date, as trustee for the benefit of the Noteholders and the Enhancer, all of the Issuer's right, title and interest in and to all accounts, chattel paper, general intangibles, contract rights, payment intangibles, certificates of deposit, deposit accounts, instruments, documents, letters of credit, money, advices of credit, investment property, goods and other property consisting of, arising under or related to whether now exis

GMAC MORTGAGE CORPORATION, as Seller By: ______________________________________ Name: PATRICIA C. TAYLOR Title: VICE PRESIDENT
Subsequent Transfer Agreement • August 2nd, 2006 • GMACM Home Equity Loan Trust 2006-He2 • Asset-backed securities • New York
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