EXHIBIT
AMENDMENT NUMBER ONE
to the
POOLING AND SERVICING AGREEMENT
Dated as of September 1, 2000
among
DLJ MORTGAGE ACCEPTANCE CORP., as Depositor
DLJ MORTGAGE CAPITAL, INC., as Seller
WILSHIRE CREDIT CORPORATION, as Servicer
and
THE CHASE MANHATTAN BANK, as Trustee
This AMENDMENT NUMBER ONE is made and entered into this 1st day of
March, 2001, by and among DLJ MORTGAGE ACCEPTANCE CORP., as the depositor (the
"Depositor"), DLJ MORTGAGE CAPITAL, INC., as the seller (the "Seller"), WILSHIRE
CREDIT CORPORATION, as the servicer (the "Servicer") and THE CHASE MANHATTAN
BANK, as the trustee (the "Trustee"), in connection with the Pooling and
Servicing Agreement dated as of September 1, 2001 among the above mentioned
parties (the "Agreement"), relating to the issuance of the DLJ Mortgage
Acceptance Corp., DLJ Mortgage Pass-Through Certificates, Series 2000-S4. This
amendment is made pursuant to Section 10.01 of the Agreement.
1. Capitalized terms used herein and not defined herein shall have the
meanings assigned to such terms in the Agreement.
2. The definition of "Special Hazard Loss" set forth in Section 1.01 of
the Agreement is hereby amended effective as of the date hereof by replacing
such definition in its entirety with the following:
"SPECIAL HAZARD LOSS: With respect to any Liquidated Mortgage Loan, (A)
Any Realized Loss incurred on a Mortgage Loan, to the extent that such Realized
Loss was attributable to direct physical damage to a Mortgaged Property, but not
including any loss caused by or resulting from (1) any loss of a type covered by
a standard form of hazard insurance policy in the jurisdiction where the
Mortgaged Property is located, (2) any loss of a type covered by a flood
insurance policy, if the Mortgaged Property is located at origination in a
federally designated flood zone, or (3) ordinary wear and tear, and (B) any
shortfall in insurance proceeds for partial damage due to the application of the
co-insurance clauses contained in hazard insurance policies."
3. Except as amended above, the Agreement shall continue to be in full
force and effect in accordance with its terms.
IN WITNESS WHEREOF, the Depositor, the Seller, the Servicer and the
Trustee, have caused their duly authorized representatives to execute and
deliver this instrument as of the date first above written.
DLJ MORTGAGE ACCEPTANCE CORP.,
as Depositor
By: /s/ Xxxxxxx Xxxxxx
---------------------
Title: Senior Vice President
DLJ MORTGAGE CAPITAL, INC.,
as Seller
By: /s/ Xxxxx Xxxxxxxxxx
--------------------
Title: Vice President
WILSHIRE CREDIT CORPORATION,
as Servicer
By: /s/ Xxxx X. Xxxxxxxx
--------------------
Title: Assistant Secretary
THE CHASE MANHATTAN BANK,
as Trustee
By: /s/ Xxxx Xxxxx
--------------------
Title: Vice President
Consent by:
CREDIT SUISSE FIRST BOSTON CORPORATION,
as Class A-S Certificateholder
By: /s/ Xxxxx Xxxxxxxxxx
--------------------
Title: Vice President
-2-