0000950133-04-002747 Sample Contracts

SASCO Mortgage Loan Trust 2004-GEL2 Mortgage Backed Notes, Series 2004-GEL2 SECURITIZATION SUBSERVICING AGREEMENT Dated as of June 1, 2004
Securitization Subservicing Agreement • July 14th, 2004 • Sasco Mortgage Loan Trust Series 2004-Gel2 • Asset-backed securities • New York

This SECURITIZATION SUBSERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of June, 2004, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (the “Seller”), WELLS FARGO BANK, N.A., a national banking association (the “Servicer”), AURORA LOAN SERVICES INC., as master servicer under the Transfer and Servicing Agreement (as defined herein, with a copy attached hereto as Exhibit D-1) (the “Master Servicer”), and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as indenture trustee under the Indenture (as defined herein, with a copy attached hereto as Exhibit D-2) (the “Indenture Trustee”), recites and provides as follows:

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TRUST AGREEMENT among STRUCTURED ASSET SECURITIES CORPORATION, as Depositor, WILMINGTON TRUST COMPANY, as Owner Trustee and U.S. BANK NATIONAL ASSOCIATION, as Administrator Dated as of June 1, 2004 SASCO MORTGAGE LOAN TRUST 2004-GEL2 Mortgage Backed...
Trust Agreement • July 14th, 2004 • Sasco Mortgage Loan Trust Series 2004-Gel2 • Asset-backed securities • Delaware

This TRUST AGREEMENT, dated as of June 1, 2004, is by and among STRUCTURED ASSET SECURITIES CORPORATION, a Delaware corporation (the “Depositor”), WILMINGTON TRUST COMPANY, a Delaware banking corporation, as Owner Trustee (the “Owner Trustee”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as Administrator (the “Administrator”).

SASCO Mortgage Loan Trust 2004-GEL2 Mortgage Backed Notes, Series 2004-GEL2 SERVICING AGREEMENT Dated as of June 1, 2004
Servicing Agreement • July 14th, 2004 • Sasco Mortgage Loan Trust Series 2004-Gel2 • Asset-backed securities • New York

THIS SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of June, 2004, by and between LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“LBH” or the “Seller”), AURORA LOAN SERVICES INC., a Delaware corporation in its capacity as primary servicer (“the Servicer”), AURORA LOAN SERVICES INC. in its capacity as master servicer under the Transfer and Servicing Agreement (as defined herein, with a copy attached as Exhibit E-1) (the “Master Servicer”), and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as indenture trustee (the “Indenture Trustee”) under the Indenture (as defined herein, with a copy attached as Exhibit E-2), recites and provides as follows:

RECONSTITUTED SERVICING AGREEMENT
Reconstituted Servicing Agreement • July 14th, 2004 • Sasco Mortgage Loan Trust Series 2004-Gel2 • Asset-backed securities • New York

This is a Seller’s Warranties and Servicing Agreement for various residential first mortgage loans, dated and effective as of June 1, 2004, and is executed between Lehman Brothers Bank, FSB, as purchaser (the “Purchaser”), and Wells Fargo Bank, N.A., as seller and servicer (the “Company”).

SASCO Mortgage Loan Trust 2004-GEL2 Mortgage Backed Notes, Series 2004-GEL2 SECURITIZATION SERVICING AGREEMENT Dated as of June 1, 2004
Securitization Servicing Agreement • July 14th, 2004 • Sasco Mortgage Loan Trust Series 2004-Gel2 • Asset-backed securities • New York

THIS SECURITIZATION SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of June, 2004, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware Corporation (“LBH” or the “Seller”), OCWEN FEDERAL BANK FSB, a federally chartered savings bank (the “Servicer”), AURORA LOAN SERVICES INC., as master servicer under the Transfer and Servicing Agreement (as defined herein, with a copy attached as Exhibit E-1) (the “Master Servicer”), and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as indenture trustee (the “Indenture Trustee”) under the Indenture (as defined herein, with a copy attached hereto as Exhibit E-2), recites and provides as follows:

SASCO MORTGAGE LOAN TRUST 2004-GEL2, as Issuer STRUCTURED ASSET SECURITIES CORPORATION, as Depositor AURORA LOAN SERVICES INC., as Master Servicer THE MURRAYHILL COMPANY, as Credit Risk Manager and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee
Custodial Agreement • July 14th, 2004 • Sasco Mortgage Loan Trust Series 2004-Gel2 • Asset-backed securities • New York

This TRANSFER AND SERVICING AGREEMENT, dated as of June 1, 2004 (the “Agreement” or the “Transfer and Servicing Agreement”), is by and among SASCO MORTGAGE LOAN TRUST 2004-GEL2, a Delaware statutory trust, as issuer (the “Issuer”), STRUCTURED ASSET SECURITIES CORPORATION, a Delaware corporation, as depositor (the “Depositor”), U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee (the “Indenture Trustee”), THE MURRAYHILL COMPANY, as Credit Risk Manager (the “Credit Risk Manager”), and AURORA LOAN SERVICES INC., as master servicer (the “Master Servicer”).

INDENTURE between SASCO MORTGAGE LOAN TRUST 2004-GEL2, Issuer and U.S. BANK NATIONAL ASSOCIATION, Indenture Trustee Dated as of June 1, 2004
Indenture • July 14th, 2004 • Sasco Mortgage Loan Trust Series 2004-Gel2 • Asset-backed securities • New York

This INDENTURE, dated as of June 1, 2004, is by and between SASCO MORTGAGE LOAN TRUST 2004-GEL2, a Delaware statutory trust (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as indenture trustee and not in its individual capacity (the “Indenture Trustee”).

LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of June 1, 2004 SASCO Mortgage Loan Trust 2004-GEL2 Mortgage Backed Notes, Series 2004-GEL2
Mortgage Loan Sale and Assignment Agreement • July 14th, 2004 • Sasco Mortgage Loan Trust Series 2004-Gel2 • Asset-backed securities • New York

This MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT, dated as of June 1, 2004 (the “Agreement”), is executed by and between Lehman Brothers Holdings Inc. (“LBH” or the “Seller”) and Structured Asset Securities Corporation, as purchaser (the “Depositor”).

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