Common use of SLM STUDENT LOAN TRUST Clause in Contracts

SLM STUDENT LOAN TRUST. 2005-3 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below), each of the Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”) and the Seller hereby offer for sale to Chase Bank USA, National Association, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 2005-3 (the “Purchaser”) the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans described in the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, to the extent indicated below, the Eligible Lender Trustee on behalf of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11, 2005.

SLM STUDENT LOAN TRUST. 20052006-3 2 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A Sale Agreement INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below)BLANKET ENDORSEMENT DATED FEBRUARY 23, each of the 2006 Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Initial Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to in favor of Chase Bank USA, National Association, Association as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052006-3 2 (the “Purchaser”) the entire right). This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Initial Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offerNote. In order to qualify as Eligible LoansTHE SALE AND PURCHASE OF THE PURCHASED LOANS SHALL BE SUBJECT TO THE TERMS, no payment of principal or interest shall be more than two hundred and ten CONDITIONS AND COVENANTS, INCLUDING THIS BLANKET ENDORSEMENT, AS SET FORTH IN THE SALE AGREEMENT MASTER LOAN SECURITIZATION TERMS 1000. BY EXECUTION HEREOF, THE SELLER ACKNOWLEDGES THAT THE SELLER HAS READ, UNDERSTANDS AND AGREES TO BE BOUND BY ALL TERMS, CONDITIONS AND COVENANTS OF THE INITIAL SALE AGREEMENT (210) days past due as of the Statistical Cutoff Date“INITIAL SALE AGREEMENT”). THE SALE AND PURCHASE SHALL BE CONSUMMATED UPON THE PURCHASER’S PAYMENT TO THE SELLER OF THE INITIAL PAYMENT AS DEFINED IN THE MASTER SALE TERMS AND, which shall be March 11UNLESS OTHERWISE AGREED BY THE SELLER AND THE PURCHASER, 2005.SHALL BE EFFECTIVE AS OF THE DATE OF THE INITIAL XXXX OF SALE. Sale Agreement

SLM STUDENT LOAN TRUST. 20052007-3 4 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. J. XXXXX XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. J. Xxxxx Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Presidents Sale Agreement Attachment A INITIAL SALE AGREEMENT Dated as of April 135, 2005 2007 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below), each of the Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”) and the Seller hereby offer for sale to Chase Bank USA, National Association, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052007-3 4 (the “Purchaser”) the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans described in the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, to the extent indicated below, the Eligible Lender Trustee on behalf of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 1113, 20052007.

SLM STUDENT LOAN TRUST. 20052007-3 4 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A Sale Agreement INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below)BLANKET ENDORSEMENT DATED APRIL 5, each of the 2007 Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Initial Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to in favor of Chase Bank USA, National Association, Association as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052007-3 4 (the “Purchaser”) the entire right). This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Initial Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offerNote. In order to qualify as Eligible LoansTHE SALE AND PURCHASE OF THE PURCHASED LOANS SHALL BE SUBJECT TO THE TERMS, no payment of principal or interest shall be more than two hundred and ten CONDITIONS AND COVENANTS, INCLUDING THIS BLANKET ENDORSEMENT, AS SET FORTH IN THE SALE AGREEMENT MASTER LOAN SECURITIZATION TERMS 1000. BY EXECUTION HEREOF, THE SELLER ACKNOWLEDGES THAT THE SELLER HAS READ, UNDERSTANDS AND AGREES TO BE BOUND BY ALL TERMS, CONDITIONS AND COVENANTS OF THE INITIAL SALE AGREEMENT (210) days past due as of the Statistical Cutoff Date“INITIAL SALE AGREEMENT”). THE SALE AND PURCHASE SHALL BE CONSUMMATED UPON THE PURCHASER’S PAYMENT TO THE SELLER OF THE INITIAL PAYMENT AS DEFINED IN THE MASTER SALE TERMS AND, which shall be March 11UNLESS OTHERWISE AGREED BY THE SELLER AND THE PURCHASER, 2005.SHALL BE EFFECTIVE AS OF THE DATE OF THE INITIAL XXXX OF SALE. Sale Agreement

SLM STUDENT LOAN TRUST. 2005-3 10 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below)BLANKET ENDORSEMENT DATED DECEMBER 14, each of the 2005 Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Initial Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to in favor of Chase Bank USA, National Association, Association as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 2005-3 10 (the “Purchaser”) the entire right). This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Initial Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11, 2005Note.

SLM STUDENT LOAN TRUST. 2005-3 6 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below)BLANKET ENDORSEMENT DATED JULY 27, each of the 2005 Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Initial Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to in favor of Chase Bank USA, National Association, Association as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 2005-3 6 (the “Purchaser”) the entire right). This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Initial Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11, 2005Note.

SLM STUDENT LOAN TRUST. 20052006-3 9 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A Sale Agreement INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below)BLANKET ENDORSEMENT DATED OCTOBER 12, each of the 2006 Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Initial Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to in favor of Chase Bank USA, National Association, Association as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052006-3 9 (the “Purchaser”) the entire right). This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Initial Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offerNote. In order to qualify as Eligible LoansTHE SALE AND PURCHASE OF THE PURCHASED LOANS SHALL BE SUBJECT TO THE TERMS, no payment of principal or interest shall be more than two hundred and ten CONDITIONS AND COVENANTS, INCLUDING THIS BLANKET ENDORSEMENT, AS SET FORTH IN THE SALE AGREEMENT MASTER LOAN SECURITIZATION TERMS 1000. BY EXECUTION HEREOF, THE SELLER ACKNOWLEDGES THAT THE SELLER HAS READ, UNDERSTANDS AND AGREES TO BE BOUND BY ALL TERMS, CONDITIONS AND COVENANTS OF THE INITIAL SALE AGREEMENT (210) days past due as of the Statistical Cutoff Date“INITIAL SALE AGREEMENT”). THE SALE AND PURCHASE SHALL BE CONSUMMATED UPON THE PURCHASER’S PAYMENT TO THE SELLER OF THE INITIAL PAYMENT AS DEFINED IN THE MASTER SALE TERMS AND, which shall be March 11UNLESS OTHERWISE AGREED BY THE SELLER AND THE PURCHASER, 2005.SHALL BE EFFECTIVE AS OF THE DATE OF THE INITIAL XXXX OF SALE. Sale Agreement

SLM STUDENT LOAN TRUST. 2005-3 10 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13December 14, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below), each of the Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”) and the Seller hereby offer for sale to Chase Bank USA, National Association, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 2005-3 10 (the “Purchaser”) the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans described in the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, to the extent indicated below, the Eligible Lender Trustee on behalf of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11November 24, 2005.

SLM STUDENT LOAN TRUST. 2005-3 5 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Sale Agreement – No. 1 Attachment A INITIAL SALE AGREEMENT Dated as of April 13June 29, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below), each of the Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”) and the Seller hereby offer for sale to Chase Bank USA, National Association, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 2005-3 5 (the “Purchaser”) the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans described in the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, to the extent indicated below, the Eligible Lender Trustee on behalf of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11May 30, 2005.

SLM STUDENT LOAN TRUST. 20052014-3 2 (Purchaser) by Chase Deutsche Bank USA, National AssociationTrust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX /s/ Xxxx X. XXXXXX By: /S/ XXXX X. XXXXXX Xxxx Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President By: /s/ Xxxxxxx H.Y. Voon Name: Xxxxxxx X.X. Xxxx Title: Vice President CHASE By: /s/ Xxxx XxXxxxxxx Name: Xxxx XxXxxxxxx Title: Vice President DEUTSCHE BANK USA, NATIONAL ASSOCIATIONTRUST COMPANY AMERICAS, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE DEUTSCHE BANK USA, NATIONAL ASSOCIATIONTRUST COMPANY AMERICAS, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX /s/ Xxxxxxx H.Y. Voon Name: Xxxxxxx X.X. Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President By: /s/ Xxxx XxXxxxxxx Name: Xxxx XxXxxxxxx Title: Vice President Attachment A By: /s/ Xxxxxxx H.Y. Voon Name: Xxxxxxx X.X. Xxxx Title: Vice President By: /s/ Xxxx XxXxxxxxx Name: Xxxx XxXxxxxxx Title: Vice President INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below)BLANKET ENDORSEMENT DATED XXXXX 00, each of the Chase 0000 Xxxxxxxx Bank USATrust Company Americas, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Initial Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to Chase in favor of Deutsche Bank USA, National AssociationTrust Company Americas, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052014-3 2 (the “Purchaser”) ), and the entire rightPurchaser. This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Initial Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11, 2005Note.

SLM STUDENT LOAN TRUST. 2005-3 5 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below)BLANKET ENDORSEMENT DATED JUNE 29, each of the 2005 Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Initial Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to in favor of Chase Bank USA, National Association, Association as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 2005-3 5 (the “Purchaser”) the entire right). This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Initial Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offerNote. In order to qualify as Eligible LoansTHE SALE AND PURCHASE OF THE PURCHASED LOANS SHALL BE SUBJECT TO THE TERMS, no payment of principal or interest shall be more than two hundred and ten CONDITIONS AND COVENANTS, INCLUDING THIS BLANKET ENDORSEMENT, AS SET FORTH IN THE SALE AGREEMENT MASTER LOAN SECURITIZATION TERMS 1000. BY EXECUTION HEREOF, THE SELLER ACKNOWLEDGES THAT THE SELLER HAS READ, UNDERSTANDS AND AGREES TO BE BOUND BY ALL TERMS, CONDITIONS AND COVENANTS OF THE INITIAL SALE AGREEMENT (210) days past due as of the Statistical Cutoff Date“INITIAL SALE AGREEMENT”). THE SALE AND PURCHASE SHALL BE CONSUMMATED UPON THE PURCHASER’S PAYMENT TO THE SELLER OF THE INITIAL PAYMENT AS DEFINED IN THE MASTER SALE TERMS AND, which shall be March 11UNLESS OTHERWISE AGREED BY THE SELLER AND THE PURCHASER, 2005SHALL BE EFFECTIVE AS OF THE DATE OF THE INITIAL XXXX OF SALE.

SLM STUDENT LOAN TRUST. 20052014-3 1 (Purchaser) by Chase Deutsche Bank USA, National AssociationTrust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX /s/ Xxxx X. XXXXXX By: /S/ XXXX X. XXXXXX Xxxx Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President By: /s/ Xxxxxxx H.Y. Voon Name: Xxxxxxx X.X. Xxxx Title: Vice President CHASE By: /s/ Xxxx XxXxxxxxx Name: Xxxx XxXxxxxxx Title: Vice President DEUTSCHE BANK USA, NATIONAL ASSOCIATIONTRUST COMPANY AMERICAS, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE DEUTSCHE BANK USA, NATIONAL ASSOCIATIONTRUST COMPANY AMERICAS, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX /s/ Xxxxxxx H.Y. Voon Name: Xxxxxxx X.X. Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President By: /s/ Xxxx XxXxxxxxx Name: Xxxx XxXxxxxxx Title: Vice President Attachment A By: /s/ Xxxxxxx H.Y. Voon Name: Xxxxxxx X.X. Xxxx Title: Vice President By: /s/ Xxxx XxXxxxxxx Name: Xxxx XxXxxxxxx Title: Vice President INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below)BLANKET ENDORSEMENT DATED JANUARY 28, each of the Chase 2014 Deutsche Bank USATrust Company Americas, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Initial Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to Chase in favor of Deutsche Bank USA, National AssociationTrust Company Americas, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052014-3 1 (the “Purchaser”) ), and the entire rightPurchaser. This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Initial Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11, 2005Note.

SLM STUDENT LOAN TRUST. 20052007-3 1 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Sale Agreement Attachment A INITIAL SALE AGREEMENT Dated as of April 13January 25, 2005 2007 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below), each of the Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”) and the Seller hereby offer for sale to Chase Bank USA, National Association, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052007-3 1 (the “Purchaser”) the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans described in the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, to the extent indicated below, the Eligible Lender Trustee on behalf of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11December 30, 20052006.

SLM STUDENT LOAN TRUST. 20052006-3 5 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below)BLANKET ENDORSEMENT DATED JUNE 21, each of the 2006 Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Initial Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to in favor of Chase Bank USA, National Association, Association as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052006-3 5 (the “Purchaser”) the entire right). This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Initial Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offerNote. In order to qualify as Eligible LoansTHE SALE AND PURCHASE OF THE PURCHASED LOANS SHALL BE SUBJECT TO THE TERMS, no payment of principal or interest shall be more than two hundred and ten CONDITIONS AND COVENANTS, INCLUDING THIS BLANKET ENDORSEMENT, AS SET FORTH IN THE SALE AGREEMENT MASTER LOAN SECURITIZATION TERMS 1000. BY EXECUTION HEREOF, THE SELLER ACKNOWLEDGES THAT THE SELLER HAS READ, UNDERSTANDS AND AGREES TO BE BOUND BY ALL TERMS, CONDITIONS AND COVENANTS OF THE INITIAL SALE AGREEMENT (210) days past due as of the Statistical Cutoff Date“INITIAL SALE AGREEMENT”). THE SALE AND PURCHASE SHALL BE CONSUMMATED UPON THE PURCHASER’S PAYMENT TO THE SELLER OF THE INITIAL PAYMENT AS DEFINED IN THE MASTER SALE TERMS AND, which shall be March 11UNLESS OTHERWISE AGREED BY THE SELLER AND THE PURCHASER, 2005SHALL BE EFFECTIVE AS OF THE DATE OF THE INITIAL XXXX OF SALE.

SLM STUDENT LOAN TRUST. 20052006-3 2 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Sale Agreement Attachment A INITIAL SALE AGREEMENT Dated as of April 13February 23, 2005 2006 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below), each of the Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”) and the Seller hereby offer for sale to Chase Bank USA, National Association, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052006-3 2 (the “Purchaser”) the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans described in the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, to the extent indicated below, the Eligible Lender Trustee on behalf of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11January 30, 20052006.

SLM STUDENT LOAN TRUST. 20052014-3 1 (Purchaser) by Chase By: Deutsche Bank USA, National AssociationTrust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX /s/ Xxxx X. XXXXXX By: /S/ XXXX X. XXXXXX Xxxx Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President By: /s/ Xxxxxxx X.X. Xxxx Name: Xxxxxxx H.Y. Voon Title: Vice President CHASE By: /s/ Xxxx XxXxxxxxx Name: Xxxx XxXxxxxxx Title: Vice President DEUTSCHE BANK USA, NATIONAL ASSOCIATIONTRUST COMPANY AMERICAS, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE DEUTSCHE BANK USA, NATIONAL ASSOCIATIONTRUST COMPANY AMERICAS, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX /s/ Xxxxxxx X.X. Xxxx Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Xxxxxxx H.Y. Voon Title: Vice President By: /s/ Xxxx XxXxxxxxx Name: Xxxx XxXxxxxxx Title: Vice President By: /s/ Xxxxxxx X.X. Xxxx Name: Xxxxxxx H.Y. Voon Title: Vice President By: /s/ Xxxx XxXxxxxxx Name: Xxxx XxXxxxxxx Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13January 28, 2005 2014 SALE AGREEMENT NUMBER 1 Pursuant to the Master Sale Terms (as defined below), each of the Chase Deutsche Bank USATrust Company Americas, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”) and the Seller hereby offer for sale to Chase each of Deutsche Bank USA, National AssociationTrust Company Americas, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052014-3 1 (the “Purchaser”) and the Purchaser, the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans described in the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, to the extent indicated below, the Purchaser and the Eligible Lender Trustee on behalf of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal of or interest on any such Loans shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11, 2005.

SLM STUDENT LOAN TRUST. 20052006-3 9 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A Sale Agreement INITIAL SALE AGREEMENT Dated as of April 13October 12, 2005 2006 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below), each of the Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”) and the Seller hereby offer for sale to Chase Bank USA, National Association, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052006-3 9 (the “Purchaser”) the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans described in the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, to the extent indicated below, the Eligible Lender Trustee on behalf of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11September 20, 20052006.

SLM STUDENT LOAN TRUST. 2005-3 [·] (Purchaser) by Chase Manhattan Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below), each of the BLANKET ENDORSEMENT DATED [·] Chase Manhattan Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to in favor of Chase Manhattan Bank USA, National Association, Association as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 2005-3 [·] (the “Purchaser”) the entire right). This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Sale Agreement among the Seller, the Purchaser, Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11, 2005Note.

SLM STUDENT LOAN TRUST. 20052006-3 7 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX /s/ Xxxx X. XXXXXX Xxxxxx By: /S/ XXXX /s/ Xxxx X. XXXXXX Xxxxxx Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX /s/ Xxxx X. XXXXXX Xxxxxx By: /S/ XXXX /s/ Xxxx X. XXXXXX Xxxxxx Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below)BLANKET ENDORSEMENT DATED AUGUST 10, each of the 2006 Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Initial Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to in favor of Chase Bank USA, National Association, Association as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052006-3 7 (the “Purchaser”) the entire right). This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Initial Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offerNote. In order to qualify as Eligible LoansTHE SALE AND PURCHASE OF THE PURCHASED LOANS SHALL BE SUBJECT TO THE TERMS, no payment of principal or interest shall be more than two hundred and ten CONDITIONS AND COVENANTS, INCLUDING THIS BLANKET ENDORSEMENT, AS SET FORTH IN THE SALE AGREEMENT MASTER LOAN SECURITIZATION TERMS 1000. BY EXECUTION HEREOF, THE SELLER ACKNOWLEDGES THAT THE SELLER HAS READ, UNDERSTANDS AND AGREES TO BE BOUND BY ALL TERMS, CONDITIONS AND COVENANTS OF THE INITIAL SALE AGREEMENT (210) days past due as of the Statistical Cutoff Date“INITIAL SALE AGREEMENT”). THE SALE AND PURCHASE SHALL BE CONSUMMATED UPON THE PURCHASER’S PAYMENT TO THE SELLER OF THE INITIAL PAYMENT AS DEFINED IN THE MASTER SALE TERMS AND, which shall be March 11UNLESS OTHERWISE AGREED BY THE SELLER AND THE PURCHASER, 2005.SHALL BE EFFECTIVE AS OF THE DATE OF THE INITIAL XXXX OF SALE. Sale Agreement -1-

SLM STUDENT LOAN TRUST. 20052006-3 7 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13August 10, 2005 2006 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below), each of the Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”) and the Seller hereby offer for sale to Chase Bank USA, National Association, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 20052006-3 7 (the “Purchaser”) the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans described in the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, to the extent indicated below, the Eligible Lender Trustee on behalf of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11July 17, 20052006.

SLM STUDENT LOAN TRUST. 2005-3 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below)BLANKET ENDORSEMENT DATED APRIL 13, each of the 2005 Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”), by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Initial Xxxx of Sale dated the date hereof executed by the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby offer for sale to in favor of Chase Bank USA, National Association, Association as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 2005-3 (the “Purchaser”) the entire right). This endorsement is in blank, title unrestricted form and interest without recourse except as provided in Section 6 of the Seller Master Sale Terms referred to in the Initial Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee, and the Eligible Lender Trustee which covers this promissory note. This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of the Seller agrees to individually endorse each Note in the Loans described in form provided by the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the extent indicated below, the Eligible Lender Trustee on behalf Guarantor of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11, 2005Note.

SLM STUDENT LOAN TRUST. 2005-3 6 (Purchaser) by Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Interim Eligible Lender Trustee CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: /S/ XXXX X. XXXXXX By: /S/ XXXX X. XXXXXX Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Attachment A INITIAL SALE AGREEMENT Dated as of April 13July 27, 2005 SALE AGREEMENT NUMBER 1 Pursuant to the Master Terms (as defined below), each of the Chase Bank USA, National Association as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding LLC (the “Seller”) and the Seller hereby offer for sale to Chase Bank USA, National Association, as the Eligible Lender Trustee on behalf of SLM Student Loan Trust 2005-3 6 (the “Purchaser”) the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans described in the Xxxx of Sale and Loan Transmittal Summary Form incorporated herein and, to the extent indicated below, the Eligible Lender Trustee on behalf of the Purchaser accepts the Seller’s and the Interim Eligible Lender Trustee’s offer. In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be March 11July 4, 2005.