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 Depositors 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
----------------------------------------
Name: Xxxxxxxx X. Xxxxx
Title: Senior Vice President
By: /s/ Xxxxxx X. Xxxx
----------------------------------------
Name: Xxxxxx X. Xxxx
Title: Senior Vice President
CONTINENTAL GRAIN COMPANY,
as Subservicer
By: /s/ Xxxx X. Xxxxx
----------------------------------------
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
----------------------------------------
Name: Xxx X. Xxxxxxx
Title: Vice President
By: /s/ Xxxx Xxxx
----------------------------------------
Name: Xxxx Xxxx
Title: Assistant Secretary
MANUFACTURERS AND TRADERS
TRUST COMPANY,
as Trustee and on behalf of the Trusts
By: /s/ Xxxx Xxxxxx
----------------------------------------
Name: Xxxx Xxxxxx
Title: Assistant Vice President
[Signature Page to Addendum Number 1 to Subservicing Agreement]
