GS MORTGAGE SECURITIES CORP., Depositor, INDYMAC BANK, F.S.B., Servicer, AMERICAN HOME MORTGAGE SERVICING, INC., Servicer, OCWEN LOAN SERVICING, LLC, Servicer, WELLS FARGO BANK, N.A., Master Servicer and Securities Administrator, and DEUTSCHE BANK...
EXHIBIT
1
GS
MORTGAGE SECURITIES CORP.,
Depositor,
INDYMAC
BANK, F.S.B.,
Servicer,
AMERICAN
HOME MORTGAGE SERVICING, INC.,
Servicer,
OCWEN
LOAN SERVICING, LLC,
Servicer,
XXXXX
FARGO BANK, N.A.,
Master
Servicer and Securities Administrator,
and
DEUTSCHE
BANK NATIONAL TRUST COMPANY,
Trustee
AMENDMENT
NO. 2 dated as of
AUGUST
25, 2006 TO THE
DATED
AS
OF JUNE
1,
2006
MORTGAGE
PASS-THROUGH CERTIFICATES
SERIES
2006-S4
AMENDMENT
NO. 2 made as of this 25th
day of
August 2006, among GS MORTGAGE SECURITIES CORP., a Delaware corporation (the
“Depositor”), INDYMAC BANK, F.S.B., a federally chartered savings bank, as a
servicer (“IndyMac”), AMERICAN HOME MORTGAGE SERVICING, INC., a Maryland
corporation, as a servicer (“AHMSI”), OCWEN LOAN SERVICING, LLC, a Delaware
limited liability company, as a servicer (“Ocwen”, and together with IndyMac and
AHMSI, the “Servicers”), XXXXX FARGO BANK, N.A., a national banking association
(“Xxxxx Fargo”) as master servicer (in such capacity, the “Master Servicer”) and
securities administrator (in such capacity, the “Securities Administrator”), and
DEUTSCHE BANK NATIONAL TRUST COMPANY, a national banking association, as trustee
(the “Trustee”).
W
I T N E
S S E T H
WHEREAS,
the Depositor, the Servicers, the Master Servicer, the Securities Administrator
and the Trustee entered into a Pooling and Servicing Agreement (the “Agreement”)
dated as of June 1, 2006, relating to the issuance of GSAMP Trust 2006-S4
Mortgage Pass-Through Certificates, Series 2006-S4; and
WHEREAS,
the Depositor, the Servicers, the Master Servicer, the Securities Administrator
and the Trustee desire to amend the terms of the Agreement pursuant to and
in
accordance with the first paragraph of Section 12.01 of the
Agreement.
NOW,
THEREFORE, in consideration of the mutual premises and agreements herein, the
the Depositor, the Servicers, the Master Servicer, the Securities Administrator
and the Trustee agree as follows:
1. Capitalized
terms used herein and not defined herein shall have the meanings assigned to
such terms in the Agreement.
2. Article
I
of the Agreement is hereby amended effective as of the date hereof by deleting
in its entirety the definition of “Interest Accrual Period” and replacing it
with the following:
With
respect to each Class of Non-Delay Certificates and any Distribution Date,
the
period commencing on the preceding Distribution Date (or, for the initial
Distribution Date, the Closing Date) and ending on the day preceding the current
Distribution Date, and with respect to the Delay Certificates and the REMIC
I
Regular Interests and any Distribution Date, the calendar month preceding the
month in which such Distribution Date occurs. For purposes of computing interest
accruals on each Class of Non‑Delay Certificates (other than the Class A-2
Certificates), each Interest Accrual Period has the actual number of days in
such period and each year is assumed to have 360 days. For purposes of computing
interest accruals on each Class of Delay Certificates and the Class A-2
Certificates, each month is assumed to have 30 days and each year is assumed
to
have 360 days. With respect to the July 2006 Distribution Date, the Class A-2
Certificates will receive 46 days of accrued interest.
IN
WITNESS WHEREOF, the Depositor, the Servicers, the Master Servicer, the
Securities Administrator and the Trustee have caused their names to be signed
hereto by their respective officers thereunto duly authorized as of the day
and
year first above written.
GS
MORTGAGE SECURITIES CORP.,
as
Depositor
By:
/s/ Xxxxxxxx
Xxxx
Name:
Xxxxxxxx Xxxx
Title:
Vice President
INDYMAC
BANK, F.S.B., as Servicer
By:
/s/ Xxxx
Xxxxxxxx
Name:
Xxxx Xxxxxxxx
Title:
Senior Vice President, Secondary Marketing
AMERICAN
HOME MORTGAGE SERVICING, INC.,
as
Servicer
By:
/s/ Xxxx X.
Xxxx
Name:
Xxxx X. Xxxx
Title:
Executive Vice President, General Counsel & Secretary
OCWEN
LOAN SERVICING, LLC, as Servicer
By:
/s/ Xxxxxxx
Xxxxxxx
Name:
Xxxxxxx Xxxxxxx
Title:
Authorized Representative
XXXXX
FARGO BANK, N.A.,
as
Securities Administrator
By:
/s/ Xxxxxx
Xxxxxx
Name:
Xxxxxx Xxxxxx
Title:
Vice President
XXXXX
FARGO BANK, N.A.,
as
Master
Servicer
By:
/s/ Xxxxxx
Xxxxxx
Name:
Xxxxxx Xxxxxx
Title:
Vice President
DEUTSCHE
BANK NATIONAL TRUST COMPANY,
solely
as
Trustee and not in its individual capacity
By:
/s/ Xxxxxxx
Xxxxxxxxx
Name:
Xxxxxxx Xxxxxxxxx
Title:
Authorized Signer
By:
/s/ Xxxxxxx
Xxxxx
Name:
Xxxxxxx Xxxxx
Title:
Vice President
