RecitalsAssignment and Assumption Agreement • August 11th, 2006 • RASC Series 2006-Ks6 Trust • Asset-backed securities
Trustee POOLING AND SERVICING AGREEMENTPooling and Servicing Agreement • August 11th, 2006 • RASC Series 2006-Ks6 Trust • Asset-backed securities • New York
This Pooling and Servicing Agreement, effective as of July 1, 2006, among RESIDENTIAL ASSET SECURITIES CORPORATION, as the depositor (together with its permitted successors and assigns, the "Depositor"), RESIDENTIAL FUNDING CORPORATION, as master servicer (together with its permitted successors and assigns, the "Master Servicer"), and U.S. BANK NATIONAL ASSOCIATION, a banking association organized under the laws of the United States, as trustee (together with its permitted successors and assigns, the "Trustee"). PRELIMINARY STATEMENT: The Depositor intends to sell mortgage asset-backed pass-through certificates (collectively, the "Certificates"), to be issued hereunder in sixteen Classes, which in the aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as defined herein) and certain other related assets. REMIC I As provided herein, the REMIC Administrator will make an election to treat the segregated pool of assets consisting of the Mortgage Loans an
Interest Rate Swap Transaction The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between:Interest Rate Swap Transaction • August 11th, 2006 • RASC Series 2006-Ks6 Trust • Asset-backed securities
The terms of the particular Interest Rate Swap Transaction to which this Confirmation relates are as follows: A. TRANSACTION DETAILS JPMorgan Deal Number(s): 6900025873663 Notional Amount: Per attached schedule in Exhibit A Trade Date: 18 July 2006 Effective Date: 28 July 2006 Termination Date: 25 July 2010 subject to adjustment in accordance with the Following Business Day Convention Fixed Amounts: Fixed Rate Payer: Counterparty Fixed Rate Payer Period End Dates: The 25th of each month in each year commencing with 25 August 2006 to and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention Fixed Rate Payer Payment Dates: The Fixed Rate Payer Period End Date. Fixed Rate: 5.611 percent Fixed Rate Day Count Fraction: 30/360 Business Days: New York Floating Amounts: Floating Rate Payer: JPMorgan Floating Rate Payer Period End Dates: The 25th of each month in each year commencing with 25 August 2006 to and including the Termination Da
