LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, DEPOSITOR MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of September 1, 2007 Lehman XS Trust (Mortgage Pass-Through Certificates, Series 2007-18N)Mortgage Loan Sale and Assignment Agreement • October 12th, 2007 • Lehman XS Trust Series 2007-18n • Asset-backed securities • New York
This MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT, dated as of September 1, 2007 (the “Agreement”), is executed by and between Lehman Brothers Holdings Inc. (the “Seller”) and Structured Asset Securities Corporation (the “Depositor”).
Lehman Brothers Bank, FSB, Purchaser and Countrywide Home Loans, Inc., CompanyFlow Seller’s Warranties and Servicing Agreement • October 12th, 2007 • Lehman XS Trust Series 2007-18n • 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”).
EXCHANGE TRUST AGREEMENTExchange Trust Agreement • October 12th, 2007 • Lehman XS Trust Series 2007-18n • Asset-backed securities • New York
RECONSTITUTED SERVICING AGREEMENTServicing Agreement • October 12th, 2007 • Lehman XS Trust Series 2007-18n • Asset-backed securities • New York
At the time of any termination of the Company pursuant to this Section 11.01, the Company shall be entitled to all accrued and unpaid Servicing Fees and unreimbursed Servicing Advances and Monthly Advances; provided, however, in the event of a termination for cause under Sections 10.01 hereof, such unreimbursed amounts shall not be reimbursed to the Company until such amounts are received by the Trust Fund from the related Mortgage Loans.
HSBC Bank USA, National Association New York, NY 10018 Fax: (212) 525-5517Interest Rate Swap Transaction • October 12th, 2007 • Lehman XS Trust Series 2007-18n • 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 September 28, 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.
HSBC Bank USA, National Association New York, NY 10018 Fax: (212) 525-5517Interest Rate Cap Transaction Confirmation • October 12th, 2007 • Lehman XS Trust Series 2007-18n • 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 September 28, 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.
LEHMAN XS TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-18N TERMS AGREEMENTTerms Agreement • October 12th, 2007 • Lehman XS Trust Series 2007-18n • Asset-backed securities
Terms of the Series 2007-18N Certificates: Lehman XS Trust Mortgage Pass-Through Certificates, Series 2007-18N, Class 1-A1, Class 1-A2, Class 1-A3, Class 2-A1, Class 2-A2, Class 2-A3, Class AX, Class AF2, Class AF3, Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8, Class X, Class C and Class R (the “Certificates”) will evidence, in the aggregate, the entire beneficial ownership interest in a trust fund (the “Trust Fund”). The primary assets of the Trust Fund on the Closing Date (as defined below) will consist primarily of two pools of conventional, first lien, adjustable rate, fully amortizing, hybrid negative amortization residential mortgage loans having a total Scheduled Principal Balance (as defined in the Trust Agreement) as of the Cut-off Date of approximately $544,789,037.44 (the “Mortgage Loans”). Only the Class 1-A1, Class 1-A2, Class 1-A3, Class 2-A1, Class 2-A2, Class 2-A3, Class AX, Class AF2, Class AF3, Class M1, Class M2, Class M3, Class M4,
