0000882377-07-002475 Sample Contracts

STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. MORTGAGE PASS-THROUGH CERTIFICATES UNDERWRITING AGREEMENT
Terms Agreement • November 8th, 2007 • Bear Stearns Structured Products Inc. Trust 2007-R3 • Asset-backed securities • New York
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STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., Depositor, and WELLS FARGO BANK, N.A., Grantor Trust Trustee GRANTOR TRUST AGREEMENT Dated as of October 24, 2007 Bear Stearns Structured Products Inc. Trust 2007-R3 Grantor Trust Certificates Series 2007-R3
Grantor Trust Agreement • November 8th, 2007 • Bear Stearns Structured Products Inc. Trust 2007-R3 • Asset-backed securities • New York

GRANTOR TRUST AGREEMENT, dated as of October 24, 2007, by and between STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., as depositor (the “Depositor”), and Wells Fargo Bank, N.A., as grantor trust trustee (the “Grantor Trust Trustee”).

PURCHASE AGREEMENT Dated as of October 24, 2007 between EMC MORTGAGE CORPORATION and STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. Bear Stearns Structured Products Inc. Trust 2007-R3, Grantor Trust Certificates, Series 2007-R3
Purchase Agreement • November 8th, 2007 • Bear Stearns Structured Products Inc. Trust 2007-R3 • Asset-backed securities • New York

This PURCHASE AGREEMENT, dated as of October 24, 2007, as amended and supplemented by any and all amendments hereto (collectively, the "Agreement"), is by and between EMC MORTGAGE CORPORATION, a Delaware corporation (the "Sponsor"), and STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., a Delaware corporation (the "Depositor").

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