0001162318-06-000265 Sample Contracts

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MORTGAGE LOAN PURCHASE AGREEMENT
Mortgage Loan Purchase Agreement • March 14th, 2006 • MASTR Second Lien Trust 2006-1 • Asset-backed securities • New York

This Mortgage Loan Purchase Agreement (the “Agreement”), dated as of February 1, 2006, is between Mortgage Asset Securitization Transactions, Inc., a Delaware corporation (the “Company”), and UBS Real Estate Securities Inc., a Delaware corporation (the “Seller” or “UBSRES”).

UBS REAL ESTATE SECURITIES INC. Owner and IRWIN UNION BANK AND TRUST COMPANY Servicer SERVICING AGREEMENT SECOND LIEN MORTGAGE LOANS Dated as of August 1, 2005
Servicing Agreement • March 14th, 2006 • MASTR Second Lien Trust 2006-1 • Asset-backed securities • New York
AMENDMENT NUMBER ONE to the SERVICING AGREEMENT dated as of August 1, 2005 by and between IRWIN UNION BANK AND TRUST COMPANY Servicer, and UBS REAL ESTATE SECURITIES INC. Owner
Servicing Agreement • March 14th, 2006 • MASTR Second Lien Trust 2006-1 • Asset-backed securities • New York

This AMENDMENT NUMBER ONE is made this 2nd day of February, 2006, by and between IRWIN UNION BANK AND TRUST COMPANY, having an address at C/O IRWIN HOME EQUITY CORPORATION, 12677 Alcosta Blvd., Suite 500, San Ramon, California 94583 (the “Servicer”) and UBS REAL ESTATE SECURITIES INC., having an address at 1285 Avenue of the Americas, New York, New York 10019 (the “Owner”), to the Servicing Agreement, dated as of August 1, 2005, by and between the Servicer and the Owner (the “Agreement”).

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT
Assignment, Assumption and Recognition Agreement • March 14th, 2006 • MASTR Second Lien Trust 2006-1 • Asset-backed securities • New York

THIS ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (this “Agreement”), dated as of February 24, 2006, among UBS Real Estate Securities Inc., a Delaware corporation formerly known as UBS Warburg Real Estate Securities Inc. (“Assignor”), Mortgage Asset Securitization Transactions, Inc. (“Assignee”) and Irwin Union Bank and Trust Company (the “Company”):

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