SACO I Trust 2006-7 Sample Contracts

BEAR STEARNS ASSET BACKED SECURITIES I LLC UNDERWRITING AGREEMENT
Terms Agreement • August 16th, 2006 • SACO I Trust 2006-7 • Asset-backed securities • New York
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Amendment No. 2 to the Servicing Agreement
The Servicing Agreement • April 2nd, 2007 • SACO I Trust 2006-7 • Asset-backed securities • New York

This is Amendment No. 1 dated July 31, 2002 to that certain Servicing Agreement (the “Agreement”) dated as of May 1, 2001 between EMC MORTGAGE CORPORATION, as Owner and GMAC MORTGAGE CORPORATION, as Servicer.

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • April 2nd, 2007 • SACO I Trust 2006-7 • Asset-backed securities • New York

This Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) is made and entered into as of June 30, 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 2006-7, Mortgage Pass-Through Certificates, Series 2006-7 (the “Assignee”) and GMAC Mortgage Corporation (the “Company”).

AMENDMENT NUMBER THREE to the SERVICING AGREEMENT Dated as of December 20, 2005 between EMC MORTGAGE CORPORATION, as Owner and GMAC MORTGAGE CORPORATION, as Servicer
Servicing Agreement • April 2nd, 2007 • SACO I Trust 2006-7 • Asset-backed securities

This AMENDMENT NUMBER THREE (this “Amendment”) is made and entered into this 20th day of December, 2005, by and between EMC Mortgage Corporation, a Delaware corporation, as owner (the “Owner”) and GMAC Mortgage Corporation, as servicer (the “Servicer”) in connection with the Servicing Agreement, dated as of May 1, 2001, between the above mentioned parties (the “Agreement”). This Amendment is made pursuant to Section 11.02 of the Agreement.

EMC MORTGAGE CORPORATION Owner GMAC MORTGAGE CORPORATION Servicer SERVICING AGREEMENT Dated as of May 1, 2001
Servicing Agreement • April 2nd, 2007 • SACO I Trust 2006-7 • Asset-backed securities • New York

THIS IS A SERVICING AGREEMENT, dated as of May 1, 2001, and is executed between EMC Mortgage Corporation (the "Owner") and GMAC Mortgage Corporation (the "Servicer").

Amendment No. 1 to the Servicing Agreement
Servicing Agreement • April 2nd, 2007 • SACO I Trust 2006-7 • Asset-backed securities • New York

This is Amendment No. 1 dated October 1, 2001 to that certain Servicing Agreement (the “Agreement”) dated as of May 1, 2001 between EMC MORTGAGE CORPORATION, as Owner and GMAC MORTGAGE CORPORATION, as Servicer.

AMENDMENT NUMBER ONE to the POOLING AND SERVICING AGREEMENT SACO I TRUST 2006-7, Dated as of June 1, 2006 among BEAR STEARNS ASSET BACKED SECURITIES I LLC, as Depositor, EMC MORTGAGE CORPORATION, as Seller and Company, LASALLE BANK NATIONAL...
Pooling and Servicing Agreement • December 6th, 2006 • SACO I Trust 2006-7 • Asset-backed securities

This AMENDMENT NUMBER ONE is made and entered into this 5th day of December, 2006, by and among BEAR STEARNS ASSET BACKED SECURITIES I LLC, a Delaware limited liability company, as depositor (the “Depositor”), EMC MORTGAGE CORPORATION, a Delaware corporation, as seller (in such capacity, the “Seller”) and as company (in such capacity, the “Company”), LASALLE BANK NATIONAL ASSOCIATION, a national banking association, as master servicer (in such capacity, the “Master Servicer”) and as securities administrator (in such capacity, the “Securities Administrator”), and CITIBANK, N.A., a national banking association, as trustee (the “Trustee”), in connection with the Pooling and Servicing Agreement, dated as of June 1, 2006, among the above-mentioned parties (the “Agreement”), and the issuance of Mortgage-Backed Certificates, Series 2006-7. This amendment is made pursuant to Section 12.01 of the Agreement.

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