Underlying Certificates Purchase Agreement Sample Contracts

UNDERLYING CERTIFICATES PURCHASE AGREEMENT Dated as of May 31, 2006 between FIRST HORIZON ASSET SECURITIES INC., Purchaser, and CITIGROUP GLOBAL MARKETS INC. Seller
Underlying Certificates Purchase Agreement • June 6th, 2006 • First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Re1 • Asset-backed securities • New York

THIS UNDERLYING CERTIFICATES PURCHASE AGREEMENT (this “Agreement”) is dated as of May 31, 2006 and is by and between CITIGROUP GLOBAL MARKETS INC., a Delaware corporation (“Purchaser”), and FIRST HORIZON ASSET SECURITIES INC., a Delaware corporation (“Seller”).

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