0000882377-06-002460 Sample Contracts

ACE SECURITIES CORP., as Depositor WILMINGTON TRUST COMPANY, as Owner Trustee and LASALLE BANK NATIONAL ASSOCIATION, not in its individual capacity, but solely in its capacity as Securities Administrator AMENDED AND RESTATED TRUST AGREEMENT Dated as...
Trust Agreement • July 12th, 2006 • ACE Securities Corp. Home Equity Loan Trust, Series 2006-Gp1 • Asset-backed securities • Delaware

This Amended and Restated Trust Agreement, dated as of May 31, 2006 (as amended from time to time, this “Trust Agreement”), among ACE Securities Corp., a Delaware corporation, as depositor (the “Depositor”), Wilmington Trust Company, a Delaware banking corporation, as owner trustee (the “Owner Trustee”) and LaSalle Bank National Association, a national banking association, not individually but acting solely as Securities Administrator.

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ADMINISTRATION AGREEMENT among ACE HOME EQUITY LOAN TRUST, SERIES 2006-GP1, as Issuing Entity LASALLE BANK NATIONAL ASSOCIATION, as Administrator WILMINGTON TRUST COMPANY, as Owner Trustee and ACE SECURITIES CORP., as Depositor Dated as of May 31, 2006
Administration Agreement • July 12th, 2006 • ACE Securities Corp. Home Equity Loan Trust, Series 2006-Gp1 • Asset-backed securities • New York

This Administration Agreement (the “Agreement”) is entered into as of May 31, 2006, among ACE HOME EQUITY LOAN TRUST, SERIES 2006-GP1, a Delaware statutory trust (the “Issuing Entity”), LASALLE BANK NATIONAL ASSOCIATION, not in its individual capacity but solely as Administrator (the “Administrator”), WILMINGTON TRUST COMPANY, not in its individual capacity but solely as Owner Trustee (the “Owner Trustee”) and ACE SECURITIES CORP., as Depositor (the “Depositor”).

ACE SECURITIES CORP., as Depositor ACE HOME EQUITY LOAN TRUST, SERIES 2006-GP1, as Issuing Entity DEUTSCHE BANK NATIONAL TRUST COMPANY, as Indenture Trustee GREENPOINT MORTGAGE FUNDING, INC., as Servicer and Originator and LASALLE BANK NATIONAL...
Sale and Servicing Agreement • July 12th, 2006 • ACE Securities Corp. Home Equity Loan Trust, Series 2006-Gp1 • Asset-backed securities • New York

This Sale and Servicing Agreement is dated and effective as of May 1, 2006 (the “Agreement”), among ACE Securities Corp., a Delaware corporation, as depositor (the “Depositor”), ACE Home Equity Loan Trust, Series 2006-GP1, a Delaware statutory trust, as the issuing entity (the “Issuing Entity” or the “Issuer”), Deutsche Bank National Trust Company, a national banking association, not in its individual capacity but solely as indenture trustee (the “Indenture Trustee”), LaSalle Bank National Association (“LaSalle Bank”), as master servicer (in that capacity, the “Master Servicer”) and as securities administrator (in that capacity, the “Securities Administrator”), GreenPoint Mortgage Funding, Inc., a New York corporation, as servicer (in that capacity, the “Servicer”) and as originator (in that capacity, the “Originator”) and DB Structured Products, Inc., as sponsor (the “Sponsor”).

ENDORSEMENT NO. 1 TO FINANCIAL GUARANTY TO INSURANCE POLICY
Financial Guaranty • July 12th, 2006 • ACE Securities Corp. Home Equity Loan Trust, Series 2006-Gp1 • Asset-backed securities • New York

Obligor: ACE Home Equity Loan Trust, Series 2006-GP1, established pursuant to the Trust Agreement, dated as of May 25, 2006, between ACE Securities Corp., as Depositor and Wilmington Trust Company, as Owner Trustee, as amended and restated by the Amended and Restated Trust Agreement, dated as of May 31, 2006, among the Depositor, the Owner Trustee and LaSalle Bank National Association, in its capacity as Securities Administrator.

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