0000899681-06-000012 Sample Contracts

RECONSTITUTED SERVICING AGREEMENT
Servicing Agreement • January 10th, 2006 • Thornburg Mortgage Securities Trust 2005-4 • Asset-backed securities • New York

THIS RECONSTITUTED SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of December, 2005, by and among THORNBURG MORTGAGE HOME LOANS, INC., a Delaware corporation (“Thornburg” or the “Seller”), and WELLS FARGO BANK, N.A., (successor by merger to Wells Fargo Home Mortgage, Inc.) as servicer (the “Servicer”), and acknowledged by WELLS FARGO BANK, N.A., as master servicer (the “Master Servicer”), and U.S. BANK NATIONAL ASSOCIATION, as Trustee (the “Trustee”) on behalf of the Trust defined below, recites and provides as follows:

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Contract
Auction Administration Agreement • January 10th, 2006 • Thornburg Mortgage Securities Trust 2005-4 • Asset-backed securities • New York

This Auction Administration Agreement, dated as of December 22, 2005 (the “Agreement”) is between GREENWICH CAPITAL DERIVATIVES, INC. (“GCD”), and WELLS FARGO BANK, N.A., not in its individual capacity but solely as Securities Administrator under the Trust, Pooling and Servicing Agreement (defined below), acting as the auction administrator (the “Auction Administrator”) on behalf of the Holders of the Auction Certificates (as defined herein).

RECONSTITUTED SERVICING AGREEMENT
Servicing Agreement • January 10th, 2006 • Thornburg Mortgage Securities Trust 2005-4 • Asset-backed securities • New York

THIS RECONSTITUTED SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of December, 2005, by and among THORNBURG MORTGAGE HOME LOANS, INC., a Delaware corporation (“Thornburg” or the “Seller”), and ABN AMRO MORTGAGE GROUP, INC., as servicer (the “Servicer”), and THORNBURG MORTGAGE SECURITIES TRUST 2005-4 (the “Trust”) and acknowledged by WELLS FARGO BANK, N.A., as master servicer, or any successor acting in the capacity of master servicer (the “Master Servicer”), and recites and provides as follows:

STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., Depositor WILMINGTON TRUST COMPANY, Delaware Trustee WELLS FARGO BANK, N.A., Master Servicer WELLS FARGO BANK, N.A., Securities Administrator and THORNBURG MORTGAGE HOME LOANS, INC.
Trust, Pooling and Servicing Agreement • January 10th, 2006 • Thornburg Mortgage Securities Trust 2005-4 • Asset-backed securities • Delaware

Section 1A.01. Section 1A.02. Section 1A.03. Section 1A.04. Section 1A.05. Section 1A.06. Section 1A.07. Section 1A.08. Section 1A.09. Name of Trust Office Declaration of Trust Purpose and Powers Liability of the Certificateholders Title To Trust Property Situs of Trust The Delaware Trustee Separateness Provisions 37 37 38 38 38 38 39 39 40

RECONSTITUTED SERVICING AGREEMENT
Servicing Agreement • January 10th, 2006 • Thornburg Mortgage Securities Trust 2005-4 • Asset-backed securities • New York

THIS RECONSTITUTED SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of December, 2005 (the “Effective Date”), by and among THORNBURG MORTGAGE HOME LOANS, INC., a Delaware corporation (“Thornburg” or the “Seller”), BANK OF AMERICA, NATIONAL ASSOCIATION, as servicer (the “Servicer”), U.S. BANK NATIONAL ASSOCIATION, as Trustee under the Trust Agreement defined below (the “Trustee”), on behalf of the Trust defined below and acknowledged by WELLS FARGO BANK, N.A., as master servicer (the “Master Servicer”), recites and provides as follows:

ISDA® International Swap Dealers Association, Inc. MASTER AGREEMENT dated as of December 22, 2005 among
Isda Master Agreement • January 10th, 2006 • Thornburg Mortgage Securities Trust 2005-4 • Asset-backed securities • Greenwich

Greenwich Capital Derivatives, Inc. (“Party A”) and Wells Fargo Bank, National Association, not in its individual capacity but solely as Securities Administrator under the Pooling and Servicing Agreement, acting as Auction Administrator and intermediary agent for the Holders of the Auction Certificates (“Party B”), have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties confirming those Transactions.

MORTGAGE LOAN PURCHASE AGREEMENT between THORNBURG MORTGAGE HOME LOANS, INC. as Seller and STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. as Purchaser Dated as of December 1, 2005 EXHIBITS AND SCHEDULES TO MORTGAGE LOAN PURCHASE AGREEMENT
Mortgage Loan Purchase Agreement • January 10th, 2006 • Thornburg Mortgage Securities Trust 2005-4 • Asset-backed securities • New York

MORTGAGE LOAN PURCHASE AGREEMENT, dated as of December 1, 2005 (this "Agreement"), by and between THORNBURG MORTGAGE HOME LOANS, INC., a Delaware corporation (the "Seller" or "Thornburg"), and STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., a Delaware corporation (the "Purchaser").

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