Structured Adjustable Rate Mortgage Loan Trust Sample Contracts

TERMS AGREEMENT
Terms Agreement • July 15th, 2004 • Structured Adjustable Rate Mortgage Loan Trust • Asset-backed securities

To: Structured Asset Securities Corporation, as Depositor under the Trust Agreement dated as of June 1, 2004 (the "Trust Agreement").

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RECITALS
Reconstituted Servicing Agreement • July 15th, 2004 • Structured Adjustable Rate Mortgage Loan Trust • Asset-backed securities • New York
and
Warranties and Servicing Agreement • July 15th, 2004 • Structured Adjustable Rate Mortgage Loan Trust • Asset-backed securities • New York
CORRESPONDENT SERVICING AGREEMENT
Correspondent Servicing Agreement • July 15th, 2004 • Structured Adjustable Rate Mortgage Loan Trust • Asset-backed securities • New York
between Lehman Brothers Bank, FSB, Purchaser and
Flow Interim Servicing Agreement • July 15th, 2004 • Structured Adjustable Rate Mortgage Loan Trust • Asset-backed securities • New York
June 1, 2004 Colonial Savings, F.A. 2626 West Freeway Fort Worth, Texas 76702 Attention: F. Allen Maulsby Reference is made to that certain Correspondent Servicing Agreement, dated as of June 26, 2002 (the "Servicing Agreement") annexed as Exhibit C,...
Structured Adjustable Rate Mortgage Loan Trust • July 15th, 2004 • Asset-backed securities

Reference is made to that certain Correspondent Servicing Agreement, dated as of June 26, 2002 (the "Servicing Agreement") annexed as Exhibit C, by and between Colonial Savings, F.A. (the "Servicer"), Lehman Brothers Bank, FSB (the "Bank") and Aurora Loan Services Inc. (the "Master Servicer"). This notice constitutes a "Transfer Notice" as contemplated by Section 7.01 of the Servicing Agreement. Capitalized terms used herein without definition and defined in the Servicing Agreement are used herein as defined therein. Reference is also made to that certain Assignment and Assumption Agreement, dated as of June 1, 2004 (the "Assignment") annexed as Exhibit A, by and between the Bank and Lehman Brothers Holdings Inc. (the "Owner") pursuant to which the Owner acquired from the Bank all of the Bank's right, title and interest in and to certain of the Mortgage Loans currently serviced under the Servicing Agreement and assumed for the benefit of the Servicer and the Bank the rights and obligat

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