0001144204-07-036602 Sample Contracts

AURORA LOAN SERVICES LLC, as Servicer LEHMAN BROTHERS HOLDINGS INC., as Seller and AURORA LOAN SERVICES LLC, as Master Servicer Structured Asset Securities Corporation Lehman XS Trust Mortgage Pass-Through Certificates, Series 2007-12N SERVICING...
Servicing Agreement • July 13th, 2007 • Lehman XS Trust Series 2007-12n • Asset-backed securities • New York

THIS SERVICING AGREEMENT (this “Agreement”), entered into as of the 1st day of June, 2007, by and among LEHMAN BROTHERS HOLDINGS INC., a Delaware corporation (“Lehman Holdings” or the “Seller”), AURORA LOAN SERVICES LLC, a Delaware limited liability company in its capacity as primary servicer (the “Servicer”), and AURORA LOAN SERVICES LLC, in its capacity as Master Servicer under the Trust Agreement (as defined herein), recites and provides as follows:

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LEHMAN BROTHERS HOLDINGS INC., SELLER and STRUCTURED ASSET SECURITIES CORPORATION, DEPOSITOR MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT Dated as of June 1, 2007 Lehman XS Trust (Mortgage Pass-Through Certificates, Series 2007-12N)
Mortgage Loan Sale and Assignment Agreement • July 13th, 2007 • Lehman XS Trust Series 2007-12n • Asset-backed securities • New York

This MORTGAGE LOAN SALE AND ASSIGNMENT AGREEMENT, dated as of June 1, 2007 (the “Agreement”), is executed by and between Lehman Brothers Holdings Inc. (the “Seller”) and Structured Asset Securities Corporation (the “Depositor”).

Lehman Capital, A Division of Lehman Brothers Holdings Inc.,
Seller’s Warranties and Servicing Agreement • July 13th, 2007 • Lehman XS Trust Series 2007-12n • Asset-backed securities • New York

This is a Seller’s Warranties and Servicing Agreement for conventional fixed and adjustable rate residential first lien mortgage loans (the “Mortgage Loans”) on a servicing retained basis as described herein, dated and effective as of September 1, 2005, and is executed between Lehman Capital, A Division of Lehman Brothers Holdings Inc., as purchaser (the “Purchaser”), and IndyMac Bank, F.S.B., as seller and servicer (the “Company”).

RECONSTITUTED SERVICING AGREEMENT
Servicing Agreement • July 13th, 2007 • Lehman XS Trust Series 2007-12n • Asset-backed securities • New York

Reference is made to the Reconstituted Servicing Agreement, dated as of June 1, 2007 (the “Agreement”), by and among Lehman Brothers Holdings Inc., as seller and IndyMac Bank, F.S.B., as servicer (the “Servicer”). I, [identify the certifying individual], a [title] of the Servicer hereby certify to Aurora Loan Services LLC (the “Master Servicer”) and Structured Asset Securities Corporation (the “Depositor”), and their respective officers, directors and affiliates, and with the knowledge and intent that they will rely upon this certification, that:

EXHIBIT A to Schedule GUARANTEE OF LEHMAN BROTHERS HOLDINGS INC.
Guarantee • July 13th, 2007 • Lehman XS Trust Series 2007-12n • Asset-backed securities

LEHMAN BROTHERS SPECIAL FINANCING INC. (“Party A”) and U.S. Bank, National Association, solely in its capacity as trustee (the ‘Grantor Trustee”) of the LEHMAN XS TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-12N (“Party B”) have entered into a Master Agreement dated as of June 29, 2007 as amended from time to time (the “Master Agreement”), pursuant to which Party A and Party B have entered and/or anticipate entering into one or more transactions (each a “Transaction”), the Confirmation of each of which supplements, forms part of, and will be read and construed as one with, the Master Agreement (collectively referred to as the “Agreement”). This Guarantee is a Credit Support Document as contemplated in the Agreement. For value received, and in consideration of the financial accommodation accorded to Party A by Party B under the Agreement, LEHMAN BROTHERS HOLDINGS INC., a corporation organized and existing under the laws of the State of Delaware (“Guarantor”), hereby agrees to t

AMENDED AND RESTATED FLOW INTERIM SERVICING AGREEMENT between LEHMAN BROTHERS BANK, FSB, Purchaser and GREENPOINT MORTGAGE FUNDING, INC. Seller Dated as of February 1, 2007 CONVENTIONAL FIXED AND ADJUSTABLE RATE RESIDENTIAL MORTGAGE LOANS Group No....
Flow Interim Servicing Agreement • July 13th, 2007 • Lehman XS Trust Series 2007-12n • Asset-backed securities • New York

This Amended and Restated Flow Interim Servicing Agreement (the “Agreement”) is entered into as of the 1st day of February, 2007, by and between GREENPOINT MORTGAGE FUNDING INC. (the “Seller”), a New York corporation and LEHMAN BROTHERS BANK, FSB, a federal savings bank (the “Purchaser”).

RECONSTITUTED SERVICING AGREEMENT
Reconstituted Servicing Agreement • July 13th, 2007 • Lehman XS Trust Series 2007-12n • Asset-backed securities • New York

Actual eviction complete date DATE(MM/DD/YYYY) Actual date that the eviction proceedings are completed by local counsel.

LLEHMAN XS TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-12N TERMS AGREEMENT
Terms Agreement • July 13th, 2007 • Lehman XS Trust Series 2007-12n • Asset-backed securities

To: Structured Asset Securities Corporation, as Depositor under the Trust Agreement, dated as of June 1, 2007 (the “Trust Agreement”).

SWISS RE FINANCIAL PRODUCTS CORPORATION
Swap Transaction • July 13th, 2007 • Lehman XS Trust Series 2007-12n • Asset-backed securities

This Confirmation constitutes a “Confirmation” as referred to in, and supplements, forms part of and is subject to, the ISDA Master Agreement dated as of June 29, 2007, as amended and supplemented from time to time (the “Agreement”) between Party A and Party B. All provisions contained in the Agreement govern this Confirmation except as expressly modified below.

SWISS RE FINANCIAL PRODUCTS CORPORATION
Interest Rate Cap Transaction • July 13th, 2007 • Lehman XS Trust Series 2007-12n • Asset-backed securities

This Confirmation constitutes a “Confirmation” as referred to in, and supplements, forms part of and is subject to, the ISDA Master Agreement dated as of June 29, 2007, as amended and supplemented from time to time (the “Agreement”) between Party A and Party B. All provisions contained in the Agreement govern this Confirmation except as expressly modified below.

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