0000950133-05-002413 Sample Contracts

AMENDED AND RESTATED OWNER TRUST AGREEMENT Dated as of May 11, 2005
Owner Trust Agreement • May 25th, 2005 • FBR Securitization, Inc. • Asset-backed securities • Delaware

This AMENDED AND RESTATED OWNER TRUST AGREEMENT, dated as of May 11, 2005, is entered into by and among FBR SECURITIZATION, INC., a Delaware corporation, as depositor (the “Depositor”), WILMINGTON TRUST COMPANY, a Delaware banking corporation, as owner trustee (the “Owner Trustee”), and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, a national banking association, as securities administrator (the “Securities Administrator”).

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FIRST NLC TRUST 2005-1, as Issuer FBR SECURITIZATION, INC., as Depositor FBR TRUST INVESTMENTS, LLC, Servicing Rights Owner FIRST NLC FINANCIAL SERVICES, LLC, as Originator NLC FUNDING I, LLC, NLC FINANCE I, LLC, MHC I, INC., FIRST NLC FINANCIAL...
Transfer and Servicing Agreement • May 25th, 2005 • FBR Securitization, Inc. • Asset-backed securities • New York

This TRANSFER AND SERVICING AGREEMENT, dated as of April 1, 2005, is by and among FIRST NLC TRUST 2005-1, a Delaware statutory trust, as issuer (the “Issuer”), FBR SECURITIZATION, INC., a Delaware corporation, as depositor (the “Depositor”), FBR Trust Investments, LLC, a Delaware limited liability company, as servicing rights owner (the “Servicing Rights Owner”), FIRST NLC FINANCIAL SERVICES, LLC, a Florida limited liability company, as originator (the “Originator”), NLC FUNDING I, LLC and NLC FINANCE I, LLC, each a Delaware limited liability company, FIRST NLC FINANCIAL SERVICES, LLC, a Florida limited liability company, and MHC I, INC., a Delaware corporation, as sellers (collectively, the “Sellers” and each, individually, a “Seller”), OCWEN FEDERAL BANK FSB, a federally chartered savings bank, as subservicer (the “Subservicer”), JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, a national association, as securities administrator (the “Securities Administrator”) and master servicer (the “Ma

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