J.P. Morgan Alternative Loan Trust 2006-S4 Sample Contracts

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ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • December 14th, 2006 • J.P. Morgan Alternative Loan Trust 2006-S4 • Asset-backed securities • New York

THIS ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (this “Assignment”), dated as of November 1, 2006, is entered into among J.P. Morgan Acceptance Corporation I, a Delaware corporation (the “Depositor”), U.S. Bank National Association, as trustee (the “Trustee”) of J.P. Morgan Alternative Loan Trust 2006-S4 (the “Trust”), J.P. Morgan Mortgage Acquisition Corp. (“JPMorgan Acquisition”), JPMorgan Chase Bank, National Association (“JPMCBNA”), Chase Home Finance LLC (“CHF”) and Wells Fargo Bank, N.A. (the “Master Servicer”).

SCHEDULE to the Master Agreement dated as of November 29, 2006 between
Master Agreement • December 14th, 2006 • J.P. Morgan Alternative Loan Trust 2006-S4 • Asset-backed securities • New York

JPMorgan Chase Bank, N.A. (“Morgan”) and WELLS FARGO BANK, N.A., not in its individual capacity but solely as Swap Trustee on behalf of the J.P. Morgan Alternative Loan Trust 2006-S4 Swap Trust (“Counterparty”)

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • December 14th, 2006 • J.P. Morgan Alternative Loan Trust 2006-S4 • Asset-backed securities • New York

THIS ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (this “Assignment”), dated as of November 1, 2006, is entered into among J.P. Morgan Acceptance Corporation I, a Delaware corporation (the “Depositor”), U.S. Bank National Association, as trustee (the “Trustee”) of J.P. Morgan Alternative Loan Trust 2006-S4 (the “Trust”), J.P. Morgan Mortgage Acquisition Corp. (“JPMorgan Acquisition”), Countrywide Home Loans, Inc. (“Countrywide”), Countrywide Home Loans Servicing LP (“Servicer”) and Wells Fargo Bank, N.A. (the “Master Servicer”).

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between: JPMORGAN CHASE BANK, N.A. ("JPMorgan") and WELLS FARGO BANK, N.A. not in its individual capacity, but solely as Swap Trustee for the...
J.P. Morgan Alternative Loan Trust 2006-S4 • December 14th, 2006 • Asset-backed securities

This Confirmation supplements, forms part of, and is subject to, the ISDA Master Agreement dated as of November 29, 2006, as amended and supplemented from time to time (the "Agreement"), between JPMORGAN CHASE BANK, N.A. ("JPMorgan") and WELLS FARGO BANK, N.A. not in its individual capacity, but solely as Swap Trustee for the Swap Trust for the J.P. Morgan Alternative Loan Trust 2006-S4 (the "Counterparty"). All provisions contained in the Agreement govern this Confirmation except as expressly modified below.

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