0000882377-06-001232 Sample Contracts

NEW CENTURY MORTGAGE SECURITIES LLC as Depositor WILMINGTON TRUST COMPANY, as Owner Trustee and DEUTSCHE BANK NATIONAL TRUST COMPANY, as Certificate Registrar and Certificate Paying Agent AMENDED AND RESTATED TRUST AGREEMENT Dated as of March 30, 2006...
Trust Agreement • April 10th, 2006 • New Century Home Equity Loan Trust 2006-1 • Asset-backed securities • Delaware

This Amended and Restated Trust Agreement, dated as of March 30, 2006 (as amended from time to time, this “Trust Agreement”), among New Century Mortgage Securities LLC, a Delaware limited liability company, as depositor (the “Depositor”), Wilmington Trust Company, a Delaware banking corporation, as owner trustee (the “Owner Trustee” and in its individual capacity, the “Bank”), and Deutsche Bank National Trust Company, as certificate registrar (in such capacity, the “Certificate Registrar”) and certificate paying agent (in such capacity, the “Certificate Paying Agent”).

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NEW CENTURY MORTGAGE SECURITIES LLC $1,328,077,000 (Approximate) New Century Home Equity Loan Trust, Series 2006-1 Asset Backed Notes UNDERWRITING AGREEMENT
Underwriting Agreement • April 10th, 2006 • New Century Home Equity Loan Trust 2006-1 • Asset-backed securities • New York

New Century Mortgage Securities LLC (the “Company”), a Delaware limited liability company, proposes to cause the issuance of New Century Home Equity Loan Trust, Series 2006-1, Asset Backed Notes (the “Notes”). The Notes will be issued by New Century Home Equity Loan Trust, Series 2006-1 (the “Issuer”) pursuant to the Indenture, dated as of March 30, 2006 (the “Indenture”), between the Issuer and Deutsche Bank National Trust Company (“DBNTC”), as indenture trustee (in such capacity, the “Indenture Trustee”). The Issuer is a Delaware statutory trust created pursuant to a Trust Agreement, as amended and restated as of March 30, 2006 (collectively, the “Trust Agreement”), between the Company, as Company, and Wilmington Trust Company, as owner trustee (the “Owner Trustee”).

NEW CENTURY MORTGAGE CORPORATION, as Servicer NEW CENTURY HOME EQUITY LOAN TRUST 2006-1, as Issuing Entity and DEUTSCHE BANK NATIONAL TRUST COMPANY, as Indenture Trustee SERVICING AGREEMENT Dated as of March 30, 2006 Mortgage Loans New Century Home...
Servicing Agreement • April 10th, 2006 • New Century Home Equity Loan Trust 2006-1 • Asset-backed securities • New York

This Servicing Agreement, dated as of March 30, 2006, among New Century Mortgage Corporation, as Servicer (the “Servicer”), New Century Home Equity Loan Trust 2006-1, as Issuing Entity (the “Issuing Entity”) and Deutsche Bank National Trust Company, as Indenture Trustee (the “Indenture Trustee”).

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