Structured Adjustable Rate Mortgage Loan Trust Series 2006-5 Sample Contracts

AURORA LOAN SERVICES LLC, as Servicer LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC as Master Servicer Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2006-5 SERVICING AGREEMENT Dated...
Servicing Agreement • June 14th, 2006 • Structured Adjustable Rate Mortgage Loan Trust Series 2006-5 • Asset-backed securities • New York

THIS SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of May, 2006, by and between LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (the “Seller”), AURORA LOAN SERVICES LLC, a Delaware limited liability company (the “Servicer”), and AURORA LOAN SERVICES LLC, as Master Servicer under the Trust Agreement (as defined herein) recites and provides as follows:

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Lehman Brothers Bank, FSB, Purchaser and Countrywide Home Loans, Inc., Company
Flow Seller’s Warranties and Servicing Agreement • June 14th, 2006 • Structured Adjustable Rate Mortgage Loan Trust Series 2006-5 • Asset-backed securities • New York

This is a Flow Seller’s Warranties and Servicing Agreement for conventional residential first lien mortgage loans, dated and effective as of June 1, 2004, and is executed between Lehman Brothers Bank, FSB, as purchaser (the “Purchaser”), and Countrywide Home Loans, Inc., as seller and servicer (the “Company”).

LEHMAN BROTHERS BANK, FSB Purchaser and WELLS FARGO BANK, N.A. Company
Seller's Warranties and Servicing Agreement • June 14th, 2006 • Structured Adjustable Rate Mortgage Loan Trust Series 2006-5 • Asset-backed securities • New York

This is a Seller's Warranties and Servicing Agreement for adjustable rate residential first lien mortgage loans, dated and effective as of April 1, 2006 and is executed between Lehman Brothers Bank, FSB, as purchaser (the "Purchaser"), and Wells Fargo Bank, N.A., as seller and servicer (the "Company").

RECONSTITUTED SERVICING AGREEMENT
Servicing Agreement • June 14th, 2006 • Structured Adjustable Rate Mortgage Loan Trust Series 2006-5 • Asset-backed securities • New York
RECONSTITUTED SERVICING AGREEMENT
Servicing Agreement • June 14th, 2006 • Structured Adjustable Rate Mortgage Loan Trust Series 2006-5 • Asset-backed securities • New York

Actual eviction complete date DATE(MM/DD/YYYY) Actual date that the eviction proceedings are completed by local counsel.

LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of May 1, 2006 Structured Adjustable Rate Mortgage Loan Trust (Mortgage Pass- Through Certificates,...
Mortgage Loan Sale and Assignment Agreement • June 14th, 2006 • Structured Adjustable Rate Mortgage Loan Trust Series 2006-5 • Asset-backed securities • New York

This MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT, dated as of May 1, 2006 (the “Agreement”), is executed by and between Lehman Brothers Holdings Inc. (the “Seller”) and Structured Asset Securities Corporation (the “Depositor”).

STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-5 TERMS AGREEMENT
Terms Agreement • June 14th, 2006 • Structured Adjustable Rate Mortgage Loan Trust Series 2006-5 • Asset-backed securities

To: Structured Asset Securities Corporation, as Depositor under the Trust Agreement dated as of May 1, 2006 (the “Trust Agreement”).

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