Lehman XS Trust 2006-1 Sample Contracts

AURORA LOAN SERVICES LLC, as Servicer LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC, as Master Servicer
Servicing Agreement • February 15th, 2006 • Lehman XS Trust 2006-1 • Asset-backed securities • New York

THIS SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of January, 2006, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“Lehman Holdings” or the “Seller”), AURORA LOAN SERVICES LLC, a Delaware limited liability company in its capacity as primary servicer (the “Servicer”), and AURORA LOAN SERVICES LLC, in its capacity as Master Servicer under the Trust Agreement (as defined herein), recites and provides as follows:

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LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of January 1, 2006 Lehman XS Trust (Mortgage Pass-Through Certificates, Series 2006-1)
Mortgage Loan Sale and Assignment Agreement • February 15th, 2006 • Lehman XS Trust 2006-1 • Asset-backed securities • New York

WHEREAS, Lehman Brothers Bank, FSB (the “Bank”), pursuant to the following specified mortgage loan purchase and warranties agreements (each a “Bank Transfer Agreement,” and together with the LBH Transfer Agreement, the “Transfer Agreements”), has purchased or received from certain transferors identified below (each a “Bank Transferor,” and together with the LBH Transferor, the “Transferors”) certain mortgage loans, each identified on the Mortgage Loan Schedule attached hereto as part of Schedule A (collectively, the “Bank Transferred Mortgage Loans” and, together with the LBH Transferred Mortgage Loans, the “Transferred Mortgage Loans”):

RECONSTITUTED SERVICING AGREEMENT
Servicing Agreement • February 15th, 2006 • Lehman XS Trust 2006-1 • Asset-backed securities • New York
ISDAâ International Swaps and Derivatives Association, Inc. MASTER AGREEMENT dated as of January 31, 2006
Isda Master Agreement • February 15th, 2006 • Lehman XS Trust 2006-1 • Asset-backed securities • New York

have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties confirming those Transactions.

STRUCTURED ASSET SECURITIES CORPORATION, as Depositor, AURORA LOAN SERVICES LLC, as Master Servicer, and CITIBANK, N.A., as Trustee TRUST AGREEMENT Dated as of January 1, 2006 LEHMAN XS TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-1
Trust Agreement • February 15th, 2006 • Lehman XS Trust 2006-1 • Asset-backed securities • New York

This TRUST AGREEMENT (“Trust Agreement”), dated as of January 1, 2006 (the “Agreement”), is by and among STRUCTURED ASSET SECURITIES CORPORATION, a Delaware corporation, as depositor (the “Depositor”), AURORA LOAN SERVICES LLC, as master servicer (the “Master Servicer”), and CITIBANK, N.A., a national banking association, as trustee (the “Trustee”).

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