0001104659-03-006246 Sample Contracts

GMAC EDUCATION LOAN FUNDING TRUST-I AMENDED AND RESTATED TRUST AGREEMENT by and between GMAC ELF LLC, as Initial Certificateholder and Sponsor, and WILMINGTON TRUST COMPANY as Delaware Trustee Dated as of March 1, 2003
Trust Agreement • April 9th, 2003 • Gmac Elf LLC • Asset-backed securities • Delaware

THIS AMENDED AND RESTATED TRUST AGREEMENT, dated as of March 1, 2003, is entered into by and between GMAC ELF LLC, a Delaware limited liability company, as the Initial Certificateholder and Sponsor, and WILMINGTON TRUST COMPANY, a Delaware banking corporation, not in its individual capacity but solely as Delaware Trustee on behalf of the Trust.

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ADMINISTRATION AGREEMENT among
Administration Agreement • April 9th, 2003 • Gmac Elf LLC • Asset-backed securities • Delaware

THIS ADMINISTRATION AGREEMENT dated as of March 1, 2003 (as amended from time to time, this “Administration Agreement”), among GMAC EDUCATION LOAN FUNDING TRUST-I, a Delaware statutory trust (the “Issuer”), WILMINGTON TRUST COMPANY, a Delaware trust company, not in its individual capacity but solely as Delaware Trustee (the “Delaware Trustee”), ZIONS FIRST NATIONAL BANK, a national banking association, not in its individual capacity but solely as Indenture Trustee (in such capacity, the “Indenture Trustee”) and GMAC COMMERCIAL HOLDING CAPITAL CORP., a Colorado corporation, as Administrator (the “Administrator”),

ELIGIBLE LENDER TRUST AGREEMENT between GMAC EDUCATION LOAN FUNDING TRUST-I As Issuer and ZIONS FIRST NATIONAL BANK As Eligible Lender Trustee Dated as of March 1, 2003
Eligible Lender Trust Agreement • April 9th, 2003 • Gmac Elf LLC • Asset-backed securities • Colorado

THIS ELIGIBLE LENDER TRUST AGREEMENT, dated as of March 1, 2003 (this “Eligible Lender Trust Agreement”) is entered into between GMAC EDUCATION LOAN FUNDING TRUST-I, a Delaware statutory trust (the “Issuer”) and ZIONS FIRST NATIONAL BANK, a national banking association organized and operating under the laws of the United States of America, as eligible lender trustee (the “Eligible Lender Trustee”):

SERVICING CONTRACTOR AGREEMENT by and between
Servicing Contractor Agreement • April 9th, 2003 • Gmac Elf LLC • Asset-backed securities • Colorado

This Servicing Contractor Agreement (the “Agreement”) entered into and effective as of the 1st day of March 2003, by and between GMAC Commercial Holding Capital Corp., a Colorado corporation, as Servicing Contractor (in its capacity as such, the “Contractor”), and GMAC Education Loan Funding Trust-I, a Delaware statutory trust, as Owner of the Financed Student Loans (the “Trust”).

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