0001193125-06-070866 Sample Contracts

AMENDMENT NO. 1 TO THE POOLING AND SERVICING AGREEMENT
Pooling and Servicing Agreement • April 3rd, 2006 • NovaStar Mortgage Funding Trust, Series 2005-3 • Asset-backed securities • New York

Amendment No. 1, dated as of March 27, 2006 (the “Amendment”), to the Pooling and Servicing Agreement (the “Agreement”) dated as of September 1, 2005, by and among NovaStar Mortgage Funding Corporation (the “Company”), NovaStar Mortgage, Inc., as seller and servicer (the “Seller” or “Servicer”), U.S. Bank, National Association, as successor to Wachovia Bank, National Association, as custodian (the “Custodian”), JPMorgan Chase Bank, National Association, as trustee (the “Trustee”) and J.P. Morgan Trust Company, National Association, as co-trustee (the “Co-Trustee”). Capitalized terms used and not defined herein shall have the meaning set forth in the Agreement and Appendix A thereto.

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