ADDENDUM NUMBER 1 TO SUBSERVICING AGREEMENT
Dated as of December 1, 1998
Reference is made to that certain Subservicing Agreement
dated as of November 1, 1998 (the "Sub-Servicing Agreement") by and among
ContiMortgage Corporation, a Delaware corporation (the "Servicer"), ContiWest
Corporation, a Nevada corporation, ContiSecurities Asset Funding Corp., a
Delaware corporation (the "Depositor"), Continental Grain Company, a Delaware
corporation (the "Subservicer") and Manufacturers and Traders Trust Company, a
New York banking corporation (the "Trustee"), in its capacity as Trustee under
various Pooling and Servicing Agreements listed on attached thereto which
Schedule may be amended from time to time by delivery of notice thereof to the
parties hereto and to the related Certificate Insurers (the "Pooling
Agreements") and on behalf of the related securitization trusts (the "Trusts")
formed pursuant to the Pooling Agreements.
Terms capitalized herein and not defined herein shall have
their respective meanings set forth in the Sub-Servicing Agreement.
The parties to the Sub-Servicing Agreement hereby agree to
amend the Schedule to the Sub-Servicing Agreement by adding thereto a
reference to the Pooling Agreement relating to the Depositor's Series 1998-4
securitization Trust, with the result that the Series 1998-4 Trust will be one
of the Trusts covered by the Sub-Servicing Agreement.
Consistent with the foregoing, the following is hereby added
to the Schedule:
Series Pooling Agreement
1998-4 Pooling and Servicing Agreement, dated as of December 1, 1998,
among ContiSecurities Asset Funding Corp., as Depositor,
ContiMortgage Corporation, as Servicer and as Seller,
ContiWest Corporation, as Seller and Manufacturers and Traders
Trust Company, as Trustee.
IN WITNESS WHEREOF, the parties have caused this Addendum
Number 1 to be executed and delivered by their proper and duly authorized
officers as of the date first above written.
CONTIMORTGAGE CORPORATION,
as Servicer and as Seller
By: /s/ Xxxxxxxx X. Xxxxx
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Name: Xxxxxxxx X. Xxxxx
Title: Senior Vice President
By: /s/ Xxxxxx X. Xxxx
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Name: Xxxxxx X. Xxxx
Title: Senior Vice President
CONTINENTAL GRAIN COMPANY,
as Subservicer
By: /s/ Xxxx X. Xxxxx
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Name: Xxxx X. Xxxxx
Title: Corporate Senior Vice President
CONTISECURITIES ASSET FUNDING CORP.,
as Depositor
By: /s/ Xxxx Xxxx
---------------------------------
Name: Xxxx Xxxx
Title: Authorized Signatory
By: /s/ Xxxx Xxxxxxxx
---------------------------------
Name: Xxxx Xxxxxxxx
Title: Authorized Signatory
CONTIWEST CORPORATION,
as Seller
By: /s/ Xxx X. Xxxxxxx
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Name: Xxx X. Xxxxxxx
Title: Vice President
By: /s/ Xxxx Xxxx
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Name: Xxxx Xxxx
Title: Assistant Secretary
MANUFACTURERS AND TRADERS
TRUST COMPANY,
as Trustee and on behalf of the Trusts
By: /s/ Xxxx Xxxxxx
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Name: Xxxx Xxxxxx
Title: Assistant Vice President
[Signature Page to Addendum Number 1 to Subservicing Agreement]
