EXHIBIT 10.2 SECOND TIER SUBSEQUENT ASSIGNMENT FOR VALUE RECEIVED, WFS RECEIVABLES CORPORATION 3, a California corporation (the "Seller"), hereby sells, transfers and assigns to the WFS FINANCIAL 2004-3 OWNER TRUST, a Delaware statutory trust (the...Second Tier Subsequent Assignment • August 20th, 2004 • WFS Financial 2004-3 Owner Trust • Asset-backed securities
FOR VALUE RECEIVED, WFS RECEIVABLES CORPORATION 3, a California corporation (the "Seller"), hereby sells, transfers and assigns to the WFS FINANCIAL 2004-3 OWNER TRUST, a Delaware statutory trust (the "Buyer"), without recourse, subject to and in accordance with the provisions of the Sale and Servicing Agreement dated as of August 1, 2004 (the "Sale and Servicing Agreement") by and among the Buyer, the Seller, and WFS Financial Inc ("WFS") all of the right, title and interest, as described in Article Two of the Sale and Servicing Agreement, of the Seller in, to and under the Subsequent Contracts listed on the Schedule of Contracts to this Second Tier Subsequent Assignment. The Seller warrants to the Buyer that the rights, titles and interests assigned hereby are not subject to any lien, claim or encumbrance. Although the parties intend, and have expressly so stated, that the conveyance of the Seller's right, title and interest in, to and under the Subsequent Contracts pursuant to this
EXHIBIT 10.1 FIRST TIER SUBSEQUENT ASSIGNMENT This FIRST TIER SUBSEQUENT ASSIGNMENT (this "Agreement"), dated as of August 19, 2004, is made and entered into by and between WFS Financial Inc, a California corporation ("WFS") and WFS Receivables...First Tier Subsequent Assignment • August 20th, 2004 • WFS Financial 2004-3 Owner Trust • Asset-backed securities • California
