BNC Mortgage Loan Trust 2006-2 Sample Contracts

WELLS FARGO BANK, N.A., as Servicer and LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC, as Master Servicer BNC Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2006-2 SECURITIZATION SUBSERVICING AGREEMENT Dated as...
Securitization Subservicing Agreement • November 13th, 2006 • BNC Mortgage Loan Trust 2006-2 • Asset-backed securities • New York

This SECURITIZATION SUBSERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of October, 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:

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OPTION ONE MORTGAGE CORPORATION, as Servicer and AURORA LOAN SERVICES LLC, as Master Servicer and LEHMAN BROTHERS HOLDINGS INC., as Seller BNC Mortgage Loan Trust Mortgage Pass-Through Certificates, Series BNC 2006-2 SUBSERVICING AGREEMENT Dated as of...
Subservicing Agreement • November 13th, 2006 • BNC Mortgage Loan Trust 2006-2 • Asset-backed securities • New York

This SUBSERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of October, 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:

STRUCTURED ASSET SECURITIES CORPORATION, as Depositor, AURORA LOAN SERVICES LLC, as Master Servicer, WELLS FARGO BANK, N.A., as Securities Administrator, CLAYTON FIXED INCOME SERVICES INC., as Credit Risk Manager, and U.S. BANK NATIONAL ASSOCIATION,...
Trust Agreement • November 13th, 2006 • BNC Mortgage Loan Trust 2006-2 • Asset-backed securities • New York

This TRUST AGREEMENT, dated as of October 1, 2006 (the “Agreement”), is by and among STRUCTURED ASSET SECURITIES CORPORATION, a Delaware corporation, as depositor (the “Depositor”), U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”), AURORA LOAN SERVICES LLC, as master servicer (the “Master Servicer”), WELLS FARGO BANK, N.A., as securities administrator (the “Securities Administrator”), and CLAYTON FIXED INCOME SERVICES INC., as credit risk manager (the “Credit Risk Manager”).

ISDA® International Swaps and Derivatives Association, Inc. SCHEDULE to the Master Agreement dated as of October 30, 2006 between
Isda Master Agreement • November 13th, 2006 • BNC Mortgage Loan Trust 2006-2 • Asset-backed securities • New York
LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, PURCHASER MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of October 1, 2006 BNC Mortgage Loan Trust 2006-2 Mortgage Pass-Through Certificates, Series 2006-2
Mortgage Loan Sale and Assignment Agreement • November 13th, 2006 • BNC Mortgage Loan Trust 2006-2 • Asset-backed securities • New York

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

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