0001144204-07-044047 Sample Contracts

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • August 15th, 2007 • Hsi Asset Securitization Corp • Asset-backed securities • New York

This is an MASTER MORTGAGE LOAN PURCHASE AND INTRIM SERVICING AGREEMENT (the “Agreement”), dated as of May 1, 2007, by and between HSBC Bank USA, National Association, having an office at 452 Fifth Avenue, New York, New York 10018 (the “Initial Purchaser”, and the Initial Purchaser or the Person, if any, to which the Initial Purchaser has assigned its rights and obligations hereunder as Purchaser with respect to a Mortgage Loan, and each of their respective successors and assigns, the “Purchaser”), TAYLOR, BEAN & WHITAKER MORTGAGE CORP., having an office at 101 N.E. 2nd Street, Ocala, Florida 34470 (the “Seller”).

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HSI ASSET SECURITIZATION CORPORATION, Depositor, WELLS FARGO BANK, N.A., Master Servicer, WELLS FARGO BANK, N.A., Securities Administrator WELLS FARGO BANK, N.A., Custodian, and DEUTSCHE BANK NATIONAL TRUST COMPANY, Trustee POOLING AND SERVICING...
Pooling and Servicing Agreement • August 15th, 2007 • Hsi Asset Securitization Corp • Asset-backed securities • New York

THIS POOLING AND SERVICING AGREEMENT, dated as of July 1, 2007, among I ASSET SECURITIZATION CORPORATION, as depositor (the “Depositor”), WELLS FARGO BANK, N.A., a national banking association, as master servicer (the “Master Servicer”), securities administrator (the “Securities Administrator”), and custodian (the “Custodian”) and DEUTSCHE BANK NATIONAL TRUST COMPANY, a national banking association, as trustee (the “Trustee”).

MORTGAGE LOAN PURCHASE AGREEMENT
Mortgage Loan Purchase Agreement • August 15th, 2007 • Hsi Asset Securitization Corp • Asset-backed securities • New York

This Mortgage Loan Purchase Agreement (the “Agreement”), dated as of July 31, 2007, is between HSI Asset Securitization Corporation, a Delaware corporation (the “Company”), and HSBC Bank USA, National Association, a national banking association (the “Seller”).

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • August 15th, 2007 • Hsi Asset Securitization Corp • Asset-backed securities

This is an Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) made as of July 31, 2007, among HSBC Bank, National Association (the “Assignor”), HSI Asset Securitization Corporation (the “Assignee”), Wells Fargo Bank, N.A. as Master Servicer (the “Master Servicer”), Deutsche Bank National Trust Company (the “Trustee”) not individually but solely as trustee on behalf of the HSI Asset Loan Obligation Trust 2007-AR2 and Residential Funding Company, LLC (the “Company”).

Assignment, Assumption and Recognition Agreement
Assignment, Assumption and Recognition Agreement • August 15th, 2007 • Hsi Asset Securitization Corp • Asset-backed securities • New York

This is a Seller’s Purchase and Warranties Agreement, dated as of June 1, 2007, and is executed by and between HSBC Bank USA, National Association, as purchaser (the “Initial Purchaser”), and American Mortgage Network, Inc., d/b/a Vertice, as seller (in such capacity, the “Seller”).

RECONSTITUTED SERVICING AGREEMENT
Reconstituted Servicing Agreement • August 15th, 2007 • Hsi Asset Securitization Corp • Asset-backed securities • New York

The assessment of compliance to be delivered by Wells Fargo Bank, N.A. shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a mark in the column titled “Applicable Servicing Criteria”:

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • August 15th, 2007 • Hsi Asset Securitization Corp • Asset-backed securities • New York

This is an Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) made as of July 31, 2007, among HSBC Bank, National Association (the “Assignor”), HSI Asset Securitization Corporation (the “Assignee”), Wells Fargo Bank, N.A. as master servicer (the “Master Servicer”), Deutsche Bank National Trust Company (the “Trustee”) not individually but solely as trustee on behalf of the HSI Asset Loan Obligation Trust 2007-AR2 and SunTrust Mortgage, Inc. (the “Company”).

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (Servicing Released/MMLPISA dated November 1, 2006)
Assignment, Assumption and Recognition Agreement • August 15th, 2007 • Hsi Asset Securitization Corp • Asset-backed securities • New York

This is an Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) made as of July 31, 2007, among HSBC Bank, National Association (the “Assignor”), HSI Asset Securitization Corporation (the “Assignee”), Wells Fargo Bank, N.A. as master servicer (the “Master Servicer”), Deutsche Bank National Trust Company (the “Trustee”) not individually but solely as trustee on behalf of the HSI Asset Loan Obligation Trust 2007-AR2, American Home Mortgage Corp. (the “Company”) and American Home Mortgage Servicing, Inc. (the “Servicer”).

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • August 15th, 2007 • Hsi Asset Securitization Corp • Asset-backed securities • New York

This is an Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) made as of July 31, 2007, among HSBC Bank USA, National Association (the “Assignor”), HSI Asset Securitization Corporation (the “Depositor”), Countrywide Home Loans Servicing LP (the “Servicer”) and Countrywide Home Loans, Inc. (the “Company”), Wells Fargo Bank, N.A., as master servicer (in such capacity, the “Master Servicer”) and Deutsche Bank National Trust Company, not individually but solely as trustee on behalf of the HSI Asset Loan Obligation Trust 2007-AR2 (the “Assignee”).

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (Servicing Retained/MMLPSA dated June 21, 2006)
Assignment, Assumption and Recognition Agreement • August 15th, 2007 • Hsi Asset Securitization Corp • Asset-backed securities • New York

This is an Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) made as of July 31, 2007, among HSBC Bank, National Association (the “Assignor”), HSI Asset Securitization Corporation (the “Assignee”), Wells Fargo Bank, N.A., as master servicer (the “Master Servicer”), Deutsche Bank National Trust Company (the “Trustee”) not individually but solely as trustee on behalf of the HSI Asset Loan Obligation Trust 2007-AR2, American Home Mortgage Corp. (the “Company”) and American Home Mortgage Servicing, Inc. (the “Servicer”).

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