LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of October 1, 2006 Lehman Mortgage Trust (Mortgage Pass-Through Certificates, Series 2006-7)Mortgage Loan Sale and Assignment Agreement • November 14th, 2006 • Lehman Mortgage Trust 2006-7 • Asset-backed securities • New York
AURORA LOAN SERVICES LLC, as Servicer LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC, as Master Servicer Lehman Mortgage Trust Mortgage Pass-Through Certificates, Series 2006-7 SERVICING AGREEMENT Dated as of October 1, 2006Servicing Agreement • November 14th, 2006 • Lehman Mortgage Trust 2006-7 • Asset-backed securities • New York
THIS SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of October, 2006, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“Lehman Holdings” or the “Seller”), AURORA LOAN SERVICES LLC, a Delaware limited liability company in its capacity as primary servicer (the “Servicer”), and AURORA LOAN SERVICES LLC, in its capacity as Master Servicer under the Trust Agreement (as defined herein), recites and provides as follows:
RECONSTITUTED SERVICING AGREEMENTReconstituted Servicing Agreement • November 14th, 2006 • Lehman Mortgage Trust 2006-7 • Asset-backed securities • New York
Reference is made to the Reconstituted Servicing Agreement dated as of October 1, 2006 (the “Agreement”), by and between Lehman Brothers Holdings Inc., as seller, and IndyMac Bank, F.S.B., as servicer (the “Servicer”), and acknowledged by Aurora Loan Services LLC, as master servicer (the “Master Servicer”), and HSBC Bank USA, National Association, as trustee. I, [identify the certifying individual], a [title] of the Servicer hereby certify to the Master Servicer and Structured Asset Securities Corporation (the “Depositor”), and their respective officers, directors and affiliates, and with the knowledge and intent that they will rely upon this certification, that:
EXCHANGE TRUST AGREEMENTExchange Trust Agreement • November 14th, 2006 • Lehman Mortgage Trust 2006-7 • Asset-backed securities • New York
Pursuant to the terms of the Exchange Trust Agreement dated as of October 1, 2006 (the “Trust Agreement”), by and among Structured Asset Securities Corporation, as depositor, HSBC Bank USA, National Association, as trustee (the “Trustee”) and Wells Fargo Bank, N.A., as securities administrator (the “Securities Administrator”), we hereby present and surrender the Certificates specified on Schedule I attached hereto and transfer, assign, set over and otherwise convey to the Trustee, all of our right, title and interest in and to such Certificates, including all payments of interest thereon received after [___________], 2006, in exchange for the related Certificates specified on Schedule I attached hereto.
