ACE Securities Corp. Home Equity Loan Trust, Series 2006-Sd1 Sample Contracts

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ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • July 28th, 2006 • ACE Securities Corp. Home Equity Loan Trust, Series 2006-Sd1 • Asset-backed securities • New York

This Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) is made and entered into as of March 27, 2006 (the “Closing Date”), among DB Structured Products, Inc., having an address at 60 Wall Street, New York, New York 10005 (the “Assignor”), ACE Securities Corp., having an address at 6525 Morrison Boulevard, Suite 318, Charlotte, North Carolina 28211 (the “Assignee”), and Select Portfolio Servicing, Inc., having an address at 3815 South West Temple, Salt Lake City, Utah 84115-4412 (the “Company”).

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