0001162318-05-000903 Sample Contracts

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Rate Cap Transaction Re: BNY Reference No. 36619
Rate Cap Transaction • October 24th, 2005 • HASCO Trust 2005-Nc2 • Asset-backed securities • New York

The purpose of this letter agreement ("Agreement") is to confirm the terms and conditions of the rate cap Transaction entered into on the Trade Date specified below (the "Transaction") between The Bank of New York ("BNY"), a trust company duly organized and existing under the laws of the State of New York, and HSI Asset Securitization Corporation Trust 2005-NC2 (the "Trust" or "Counterparty"), as represented by Wells Fargo Bank, N.A. not in its individual capacity, but solely as Securities Administrator (as defined below) of the Trust, pursuant to the Pooling and Servicing Agreement dated as of September 1, 2005 (the "Pooling Agreement") among HSI Asset Securitization Corporation, as depositor (the "Depositor"), JPMorgan Chase Bank National Association, as Servicer, NC Capital Corporation, as Mortgage Loan Seller, Wells Fargo Bank, N.A., as Master Servicer, (in such capacity, the "Master Servicer"), and as Securities Administrator (in such capacity, the "Securities Administrator"). Thi

MORTGAGE LOAN PURCHASE AGREEMENT
Mortgage Loan Purchase Agreement • October 24th, 2005 • HASCO Trust 2005-Nc2 • Asset-backed securities • New York

This Mortgage Loan Purchase Agreement (the “Agreement”), dated as of September 1, 2005, is between HSI Asset Securitization Corporation, a Delaware corporation (the “Company”), and HSBC Bank USA, National Association, a national banking association (the “Seller”).

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