Lehman XS Trust Series 2007-16n Sample Contracts

Lehman Brothers Bank, FSB,
Flow Seller’s Warranties and Servicing Agreement • September 14th, 2007 • Lehman XS Trust Series 2007-16n • Asset-backed securities • New York

This is a Flow Seller’s Warranties and Servicing Agreement for conventional residential first lien mortgage loans, dated and effective as of June 1, 2004, and is executed between Lehman Brothers Bank, FSB, as purchaser (the “Purchaser”), and Countrywide Home Loans, Inc., as seller and servicer (the “Company”).

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ISDAâ International Swaps and Derivatives Association, Inc. MASTER AGREEMENT dated as of August 31, 2007
Isda Master Agreement • September 14th, 2007 • Lehman XS Trust Series 2007-16n • Asset-backed securities • New York

have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties confirming those Transactions.

AURORA LOAN SERVICES LLC, as Servicer LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC, as Master Servicer
Servicing Agreement • September 14th, 2007 • Lehman XS Trust Series 2007-16n • Asset-backed securities • New York

THIS SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of August, 2007, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“Lehman Holdings” or the “Seller”), AURORA LOAN SERVICES LLC, a Delaware limited liability company in its capacity as primary servicer (the “Servicer”), and AURORA LOAN SERVICES LLC, in its capacity as Master Servicer under the Trust Agreement (as defined herein), recites and provides as follows:

EXCHANGE TRUST AGREEMENT
Exchange Trust Agreement • September 14th, 2007 • Lehman XS Trust Series 2007-16n • Asset-backed securities • New York
SELLER and STRUCTURED ASSET SECURITIES CORPORATION, DEPOSITOR MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of August 1, 2007 Lehman XS Trust (Mortgage Pass-Through Certificates, Series 2007-16N)
Mortgage Loan Sale and Assignment Agreement • September 14th, 2007 • Lehman XS Trust Series 2007-16n • Asset-backed securities • New York

This MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT, dated as of August 1, 2007 (the “Agreement”), is executed by and between Lehman Brothers Holdings Inc. (the “Seller”) and Structured Asset Securities Corporation (the “Depositor”).

RECONSTITUTED SERVICING AGREEMENT
Servicing Agreement • September 14th, 2007 • Lehman XS Trust Series 2007-16n • Asset-backed securities • New York
STRUCTURED ASSET SECURITIES CORPORATION, as Depositor, AURORA LOAN SERVICES LLC, as Master Servicer, and U.S. BANK NATIONAL ASSOCIATION, as Trustee
Trust Agreement • September 14th, 2007 • Lehman XS Trust Series 2007-16n • Asset-backed securities • New York

This TRUST AGREEMENT, dated as of August 1, 2007 (the “Agreement”), is by and among STRUCTURED ASSET SECURITIES CORPORATION, a Delaware corporation, as depositor (the “Depositor”), AURORA LOAN SERVICES LLC, as master servicer (the “Master Servicer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as trustee (the “Trustee”).

AURORA LOAN SERVICES_________________________
Annual Officer's Certification • March 28th, 2008 • Lehman XS Trust Series 2007-16n • Asset-backed securities
Guarantee
Guarantee • September 14th, 2007 • Lehman XS Trust Series 2007-16n • Asset-backed securities

To: U.S. Bank, National Association (the “Beneficiary”), not in its individual capacity, but solely as trustee on behalf of the Lehman XS Trust Mortgage Pass-Through Trust Certificates, Series 2007-16N (the “Rated Securities”)

SWISS RE FINANCIAL PRODUCTS CORPORATION New York, New York 10055 Fax: (917) 322-7201/Phone: (212) 407-7322
Interest Rate Cap Transaction • September 14th, 2007 • Lehman XS Trust Series 2007-16n • Asset-backed securities

TO: Supplemental Interest Trust, Lehman XS Trust Mortgage Pass-Through Certificates, Series 2007-16N c/o U.S. Bank, National Association One Federal Street, 3rd Floor Boston, MA 02110 ("Party B")

LEHMAN XS TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-16N TERMS AGREEMENT
Terms Agreement • September 14th, 2007 • Lehman XS Trust Series 2007-16n • Asset-backed securities

To: Structured Asset Securities Corporation, as Depositor under the Trust Agreement, dated as of August 1, 2007 (the “Trust Agreement”).

SWISS RE FINANCIAL PRODUCTS CORPORATION
Swap Transaction • September 14th, 2007 • Lehman XS Trust Series 2007-16n • Asset-backed securities

This Confirmation constitutes a “Confirmation” as referred to in, and supplements, forms part of and is subject to, the ISDA Master Agreement dated as of August 31, 2007, as amended and supplemented from time to time (the “Agreement”) between Party A and Party B. All provisions contained in the Agreement govern this Confirmation except as expressly modified below.

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