EMC MORTGAGE CORPORATION Purchaser, FIRST TENNESSEE MORTGAGE SERVICES, INC. Servicer, FIRST HORIZON HOME LOAN CORPORATIONPurchase, Warranties and Servicing Agreement • April 2nd, 2007 • SACO I Trust 2006-5 • Asset-backed securities • New York
This is a Purchase, Warranties and Servicing Agreement, dated as of September 1, 2003 and is executed among EMC MORTGAGE CORPORATION, as Purchaser, with offices located at Mac Arthur Ridge II, 909 Hidden Ridge Drive, Suite 200, Irving, Texas 75038 (the "Purchaser"), FIRST TENNESSEE MORTGAGE SERVICES, INC., as servicer (the “Servicer”) with offices located at 4000 Horizon Way, Irving, Texas 75063 and FIRST HORIZON HOME LOAN CORPORATION, as seller (the “Seller”) with offices located at 4000 Horizon Way, Irving, Texas 75063 (the Servicer and the Seller together referred to as the "Company").
BEAR STEARNS ASSET BACKED SECURITIES I LLC, Depositor, EMC MORTGAGE CORPORATION, Sponsor and Company, LASALLE BANK NATIONAL ASSOCIATION, Master Servicer and Securities Administrator, and CITIBANK, N.A. Trustee POOLING AND SERVICING AGREEMENT Dated as...Pooling and Servicing Agreement • May 19th, 2006 • SACO I Trust 2006-5 • Asset-backed securities • New York
The Certificates shall be executed by manual or facsimile signature on behalf of the Securities Administrator by an authorized officer. Certificates bearing the manual or facsimile signatures of individuals who were, at the time when such signatures were affixed, authorized to sign on behalf of the Securities Administrator shall bind the Securities Administrator, notwithstanding that such individuals or any of them have ceased to be so authorized prior to the authentication and delivery of such Certificates or did not hold such offices at the date of such authentication and delivery. No Certificate shall be entitled to any benefit under this Agreement, or be valid for any purpose, unless there appears on such Certificate the countersignature of the Securities Administrator by manual signature, and such countersignature upon any Certificate shall be conclusive evidence, and the only evidence, that such Certificate has been duly countersigned and delivered hereunder. All Certificates sha
ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENTAssignment, Assumption and Recognition Agreement • April 2nd, 2007 • SACO I Trust 2006-5 • Asset-backed securities • New York
This Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) is made and entered into as of April 28, 2006 (the “Closing Date”), among EMC Mortgage Corporation (the “Assignor”), Citibank, N.A., not individually but solely as trustee for the holders of SACO I Trust 2006-5, Mortgage Pass-Through Certificates, Series 2006-5 (the “Assignee”) and GMAC Mortgage Corporation (the “Company”).
ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENTAssignment, Assumption and Recognition Agreement • April 2nd, 2007 • SACO I Trust 2006-5 • Asset-backed securities • New York
This is an Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) made as of April 28, 2006, among EMC Mortgage Corporation (the “Assignor”), Citibank, N.A., not individually but solely as trustee for the holders of the SACO I Trust 2006-5, Mortgage Pass-Through Certificates, Series 2006-5 (the “Assignee”) and First Tennessee Mortgage Services, Inc. (the “Company”).
AMENDMENT NO. 2 TO PURCHASE, WARRANTIES AND SERVICING AGREEMENTPurchase, Warranties and Servicing Agreement • April 2nd, 2007 • SACO I Trust 2006-5 • Asset-backed securities
THIS AMENDMENT NO. 2, effective as of June 16, 2005, amends the Purchase, Warranties and Servicing Agreement among EMC Mortgage Corporation (the “Purchaser”), First Tennessee Mortgage Services, Inc., as servicer (the “Servicer”) and First Horizon Home Loan Corporation (the “Seller”, and together with the Servicer, the “Company”), previously entered into as of September 1, 2003 (the “Agreement”), as previously amended.
AMENDMENT NO. 3 TO PURCHASE, WARRANTIES AND SERVICING AGREEMENTPurchase, Warranties and Servicing Agreement • April 2nd, 2007 • SACO I Trust 2006-5 • Asset-backed securities
THIS AMENDMENT NO. 3, effective as of August 8, 2005, amends the Purchase, Warranties and Servicing Agreement among EMC Mortgage Corporation (the “Purchaser”), First Tennessee Mortgage Services, Inc., as servicer (the “Servicer”) and First Horizon Home Loan Corporation (the “Seller”, and together with the Servicer, the “Company”), previously entered into as of September 1, 2003 (the “Agreement”), as previously amended.
BEAR STEARNS ASSET BACKED SECURITIES I LLC SACO I Trust 2006-5 Mortgage-Backed Certificates Series 2006-5 TERMS AGREEMENTUnderwriting Agreement • May 16th, 2006 • SACO I Trust 2006-5 • Asset-backed securities
Class Designation Schedule of the Certificates: Class I-A, Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class I-M-6, Class I-B-1, Class I-B-2, Class I-B-3, Class II-A-1, II-A-2, Class II-A-3, Class II-M-1, Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5, Class II-M-6, Class II-B-1, Class II-B-2 and Class II-B-3 Certificates
