Sail 2006-Bnc3 Sample Contracts

ISDA® International Swaps and Derivatives Association, Inc. SCHEDULE to the Master Agreement dated as of August 25, 2006 between
Master Agreement • September 8th, 2006 • Sail 2006-Bnc3 • Asset-backed securities • New York
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WELLS FARGO BANK, N.A., as Servicer and LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC, as Master Servicer
Subservicing Agreement • September 8th, 2006 • Sail 2006-Bnc3 • Asset-backed securities • New York

This SECURITIZATION SUBSERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of September, 2006, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (the “Seller”), WELLS FARGO BANK, N.A. (the “Servicer”), AURORA LOAN SERVICES LLC, as master servicer (the “Master Servicer”), and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”) under the Trust Agreement (as defined herein), recites and provides as follows:

LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of August 1, 2006 Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2006-BNC3
Mortgage Loan Sale and Assignment Agreement • September 8th, 2006 • Sail 2006-Bnc3 • Asset-backed securities • New York

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

OPTION ONE MORTGAGE CORPORATION, as Servicer and AURORA LOAN SERVICES LLC, as Master Servicer and LEHMAN BROTHERS HOLDINGS INC., as Seller
Subservicing Agreement • September 8th, 2006 • Sail 2006-Bnc3 • Asset-backed securities • New York

This SUBSERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of August, 2006, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“LBH” or the “Seller”), OPTION ONE MORTGAGE CORPORATION, a California corporation (“the Servicer”), having its principal executive offices at 3 Ada, Irvine, California 92618, AURORA LOAN SERVICES LLC, as Master Servicer (the “Master Servicer”) and acknowledged by U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”) under the Trust Agreement (as defined herein, with a copy attached hereto as Exhibit E), recites and provides as follows:

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