Newcastle Mortgage Securities Trust 2006-1, Asset-Backed Notes, Series 2006-1 Sample Contracts

FINANCIAL ASSET SECURITIES CORP., as Depositor WILMINGTON TRUST COMPANY, as Owner Trustee and JPMORGAN CHASE BANK, N.A., as Certificate Registrar and Certificate Paying Agent AMENDED AND RESTATED TRUST AGREEMENT Dated as of April 6, 2006 Trust...
Trust Agreement • April 26th, 2006 • Newcastle Mortgage Securities Trust 2006-1, Asset-Backed Notes, Series 2006-1 • Asset-backed securities • Delaware

This Amended and Restated Trust Agreement, dated as of April 6, 2006 (as amended from time to time, this “Trust Agreement”), among Financial Asset Securities Corp., a Delaware corporation, as depositor (the “Depositor”), Wilmington Trust Company, a Delaware banking corporation, as owner trustee (the “Owner Trustee” and in its individual capacity, the “Bank”), and JPMorgan Chase Bank, N.A., as certificate registrar (in such capacity, the “Certificate Registrar”) and certificate paying agent (in such capacity, the “Certificate Paying Agent”).

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FINANCIAL ASSET SECURITIES CORP. Newcastle Mortgage Securities Trust 2006-1 Asset-Backed Notes, Series 2006-1 UNDERWRITING AGREEMENT
Underwriting Agreement • April 26th, 2006 • Newcastle Mortgage Securities Trust 2006-1, Asset-Backed Notes, Series 2006-1 • Asset-backed securities • New York

The Notes will be issued by Newcastle Mortgage Securities Trust 2006-1 (the “Issuer”) pursuant to the Indenture, dated as of April 6, 2006 (the “Indenture”), between the Issuer and JPMorgan Chase Bank, N.A. (“JPMorgan”), as indenture trustee (in such capacity, the “Indenture Trustee”). The Issuer is a Delaware statutory trust created pursuant to a Trust Agreement, as amended and restated as of April 6, 2006 (collectively, the “Trust Agreement”), between Financial Asset Securities Corp., as depositor (the “Company” or the “Depositor”) and Wilmington Trust Company, as owner trustee (the “Owner Trustee”).

FINANCIAL ASSET SECURITIES CORP., as Depositor CENTEX HOME EQUITY COMPANY, LLC, as Originator and Servicer NEWCASTLE MORTGAGE SECURITIES TRUST 2006-1, as Issuer and JPMORGAN CHASE BANK, N.A., as Indenture Trustee SALE AND SERVICING AGREEMENT Dated as...
Sale and Servicing Agreement • April 26th, 2006 • Newcastle Mortgage Securities Trust 2006-1, Asset-Backed Notes, Series 2006-1 • Asset-backed securities • New York

This Sale and Servicing Agreement, dated as of April 6, 2006 (the “Agreement”), among Financial Asset Securities Corp., as Depositor (the “Depositor” ), Centex Home Equity Company, LLC, as Originator and Servicer (the “Originator” and the “Servicer”), Newcastle Mortgage Securities Trust 2006-1, as Issuer (the “Issuer”) and JPMorgan Chase Bank, N.A., as Indenture Trustee (the “Indenture Trustee”).

ASSIGNMENT AND RECOGNITION AGREEMENT
Assignment and Recognition Agreement • April 26th, 2006 • Newcastle Mortgage Securities Trust 2006-1, Asset-Backed Notes, Series 2006-1 • Asset-backed securities • New York

THIS ASSIGNMENT AND RECOGNITION AGREEMENT, dated April 6, 2006, (“Agreement”) among NIC WL LLC (the “Assignor”), Financial Asset Securities Corp. (the “Assignee”) and Centex Home Equity Company, LLC (the “Company”):

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