0000950116-04-001583 Sample Contracts

and JPMorgan Chase Bank (Trustee) ABFS Mortgage Loan Trust 1996-2 Mortgage Pass-Through Certificates, Series 1996-2 Class A and Class R
Pooling and Servicing Agreement • May 14th, 2004 • American Business Financial Services Inc /De/ • Mortgage bankers & loan correspondents • New York
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ABFS Balapointe, Inc. American Business Financial Services, Inc. American Business Credit, Inc. HomeAmerican Credit, Inc., d/b/a Upland Mortgage American Business Mortgage Services, Inc. JPMorgan Chase Bank, as Indenture Trustee ABFS Mortgage Loan...
Waiver Letter • May 14th, 2004 • American Business Financial Services Inc /De/ • Mortgage bankers & loan correspondents

Reference is made to (i) that certain Sale and Servicing Agreement, dated as of September 22, 2003 (the "Sale and Servicing Agreement"), among ABFS Balapointe, Inc, as depositor (the "Depositor"), HomeAmerican Credit, Inc., d/b/a Upland Mortgage ("Upland"), American Business Mortgage Services, Inc. ("ABMS"), and American Business Credit, Inc. ("ABC"), ABFS Mortgage Loan Warehouse Trust 2003-1, as trust (the "Trust"), American Business Financial Services, Inc., as sponsor (the "Sponsor"), JPMorgan Chase Bank, as indenture trustee (the "Indenture Trustee") and JPMorgan Chase Bank, as collateral agent (the "Collateral Agent"); (ii) that certain Indenture, dated as of September 22, 2003 (the "Indenture"), between the Trust and the Indenture Trustee; (iii) that certain Waiver Letter, dated as of October 8, 2003 (the "First Waiver Letter"), by JPMorgan Chase Bank, as note purchaser (the "Note Purchaser"); (iv) that certain Second Waiver Letter, dated as of October 31, 2003 (the "Second Waive

AMENDMENT NO. 1 TO SALE AND SERVICING AGREEMENT
Sale and Servicing Agreement • May 14th, 2004 • American Business Financial Services Inc /De/ • Mortgage bankers & loan correspondents • New York
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