Structured Adjustable Rate Mortgage Loan Trust Series 2007-1 Sample Contracts

AURORA LOAN SERVICES LLC, as Servicer LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC as Master Servicer Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2007-1 SERVICING AGREEMENT Dated...
Servicing Agreement • February 15th, 2007 • Structured Adjustable Rate Mortgage Loan Trust Series 2007-1 • Asset-backed securities • New York

THIS SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of January, 2007, by and between LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (the “Seller”), AURORA LOAN SERVICES LLC, a Delaware limited liability company (the “Servicer”), and AURORA LOAN SERVICES LLC, as Master Servicer under the Trust Agreement (as defined herein) recites and provides as follows:

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LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of January 1, 2007 Structured Adjustable Rate Mortgage Loan Trust (Mortgage Pass- Through Certificates,...
Mortgage Loan Sale and Assignment Agreement • February 15th, 2007 • Structured Adjustable Rate Mortgage Loan Trust Series 2007-1 • Asset-backed securities • New York

This MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT, dated as of January 1, 2007 (the “Agreement”), is executed by and between Lehman Brothers Holdings Inc. (the “Seller”) and Structured Asset Securities Corporation (the “Depositor”).

Lehman Brothers Bank, FSB,
Assignment and Assumption • February 15th, 2007 • Structured Adjustable Rate Mortgage Loan Trust Series 2007-1 • Asset-backed securities • New York

This is a Flow Seller’s Warranties and Servicing Agreement for conventional residential first lien mortgage loans, dated and effective as of June 1, 2004, and is executed between Lehman Brothers Bank, FSB, as purchaser (the “Purchaser”), and Countrywide Home Loans, Inc., as seller and servicer (the “Company”).

RECONSTITUTED SERVICING AGREEMENT
Reconstituted Servicing Agreement • February 15th, 2007 • Structured Adjustable Rate Mortgage Loan Trust Series 2007-1 • Asset-backed securities • New York
STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-1 TERMS AGREEMENT
Terms Agreement • February 15th, 2007 • Structured Adjustable Rate Mortgage Loan Trust Series 2007-1 • Asset-backed securities

To: Structured Asset Securities Corporation, as Depositor under the Trust Agreement dated as of January 1, 2007 (the “Trust Agreement”).

SCHEDULE to the Master Agreement dated as of January 31, 2007 between
Master Agreement • February 15th, 2007 • Structured Adjustable Rate Mortgage Loan Trust Series 2007-1 • Asset-backed securities • New York
Reference is made to that certain Correspondent Servicing Agreement, dated as of March 7, 2002, as amended by that certain Amendment Reg AB to the Correspondent Servicing Agreement (the “Servicing Agreement”) annexed as Exhibit B, among Colonial...
Structured Adjustable Rate Mortgage Loan Trust Series 2007-1 • February 15th, 2007 • Asset-backed securities

Actual eviction complete date DATE(MM/DD/YYYY) Actual date that the eviction proceedings are completed by local counsel.

SWISS RE FINANCIAL PRODUCTS CORPORATION New York, New York 10055 Fax: (917) 322-7201/Phone: (212) 407-7322
Structured Adjustable Rate Mortgage Loan Trust Series 2007-1 • February 15th, 2007 • Asset-backed securities

This Confirmation constitutes a “Confirmation” as referred to in, and supplements, forms part of and is subject to, the ISDA Master Agreement dated as of January 31, 2007, as amended and supplemented from time to time (the “Agreement”) between Party A and Party B. All provisions contained in the Agreement govern this Confirmation except as expressly modified below.

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