0000882377-05-002176 Sample Contracts

STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., as Depositor
Sale and Servicing Agreement • August 15th, 2005 • Bear Stearns ARM Trust 2005-7 • Asset-backed securities • New York

Sale and Servicing Agreement dated as of July 29, 2005 (the “Agreement”), among Structured Asset Mortgage Investments II Inc., a Delaware corporation, as depositor (the “Depositor”), Bear Stearns ARM Trust 2005-7, a Delaware statutory trust, as issuer (the “Issuer”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as indenture trustee (the “Indenture Trustee”), Wells Fargo Bank, N.A. (“Wells Fargo”), as master servicer (in such capacity, the “Master Servicer”) and as securities administrator (in such capacity, the “Securities Administrator”), and EMC Mortgage Corporation, as seller (in such capacity, the “Seller”) and as company (in such capacity, the “Company”).

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BEAR STEARNS ARM TRUST 2005-7 Issuer, WELLS FARGO BANK, N.A. Securities Administrator and Indenture Trustee INDENTURE Dated as of July 29, 2005
Indenture • August 15th, 2005 • Bear Stearns ARM Trust 2005-7 • Asset-backed securities • New York
ADMINISTRATION AGREEMENT among BEAR STEARNS ARM TRUST 2005-7, as Issuer WELLS FARGO BANK, N.A., as Securities Administrator CHASE BANK USA, NATIONAL ASSOCIATION, as Owner Trustee and STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., as Depositor Dated as...
Administration Agreement • August 15th, 2005 • Bear Stearns ARM Trust 2005-7 • Asset-backed securities • New York

This Administration Agreement (the “Agreement”) is entered into as of July 29, 2005, among BEAR STEARNS ARM TRUST 2005-7, a Delaware statutory trust (the “Issuer”), WELLS FARGO BANK, N.A., not in its individual capacity but solely as Securities Administrator (the “Securities Administrator”), CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Owner Trustee (the “Owner Trustee”) and STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., as Depositor (the “Depositor”).

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