|
AMENDMENT NUMBER FOUR
to the
MORTGAGE LOAN PURCHASE AND SERVICING
AGREEMENT,
dated as of November 1, 2001,
between
UBS REAL ESTATE SECURITIES INC.,
and
COUNTRYWIDE HOME LOANS, INC.
This AMENDMENT NUMBER FOUR (this "Amendment Number Four") is
made as of June 22, 2004, between Countrywide Home Loans, Inc.,
(the "Seller") and UBS Real Estate Securities Inc., (the
"Purchaser"), to the Master Loan Purchase and Servicing Agreement,
dated as of November 1, 2001 (as amended, supplemented or otherwise
modified from time to time, the "Agreement") between the Purchaser
and the Seller, as otherwise amended.
RECITALS
WHEREAS, the Seller and the Purchaser hereto desire to amend the
Agreement subject to the terms and conditions of this Amendment
Number Four.
NOW THEREFORE, for good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, and of the mutual
covenants herein contained, the parties hereto hereby agree as
follows:
SECTION 1. Defined Terms . Any terms capitalized but not
otherwise defined herein shall have the respective meanings set
forth in the Agreement.
SECTION 2. Amendments . Effective as of June 22, 2004,
the Agreement is hereby amended as follows:
(A) The following definition in Section 1 are hereby revised by
adding the following fields to the Mortgage Loan Schedule:
(i)
(27) the number and type of residential units constituting the
Mortgaged Property (i.e. a single family residence, a 2-4 family
residence, a unit in a condominium project or a unit in a planned
unit development, manufactured housing); (28) the original months
to maturity; (29) with respect to Adjustable Rate Mortgage Loans,
the Interest Rate Adjustment Date; (30) with respect to Adjustable
Rate Mortgage Loans, the Gross Margin; (31) with respect to
Adjustable Rate Mortgage Loans, the Lifetime Mortgage Interest Rate
Cap under the terms of the Mortgage Note; (32) with respect to
Adjustable Rate Mortgage Loans, a code indicating the type of
Index; (33) with respect to Adjustable Rate Mortgage Loans, the
Periodic Rate Cap and the Initial Rate Cap under the terms of the
Mortgage Note; (34) whether such Mortgage Loan provides for a
Prepayment Penalty; (35) the Prepayment Penalty period of such
Mortgage Loan, if applicable; (36) the Mortgage Interest Rate as of
origination; (37) the credit risk score (FICO score) at
origination; (38) the date of origination; (39) the Mortgage
Interest Rate adjustment period; (40) the Due Date for the first
Monthly Payment; (41) the original Monthly Payment due; (42) the
Appraised Value of the Mortgaged Property; (43) the sales price of
the Mortgaged Property if the Mortgage Loan was originated in
connection with the purchase of the Mortgaged Property; (44) a code
indicating if a Mortgage Loan is an IO Mortgage Loan and the term
of the interest only period; and (45) a code indicating whether the
Mortgage Loan is a MERS Mortgage Loan and, if so, the corresponding
MIN.
(B)
The following definitions are added to Section 1:
(i)
IO Mortgage Loan : A Mortgage Loan that provides for
payments of interest only for a period of time set forth in the
related Mortgage Note and then provides equal payments of principal
and interest sufficient to fully amortize the outstanding principal
balance over the remaining term of the Mortgage Loan.
(ii)
MERS : Mortgage Electronic Registration Systems, Inc., a
corporation organized and existing under the laws of the State of
Delaware, or any successor thereto.
(iii)
MERS Mortgage Loan : Any Loan registered with MERS on the
MERS System.
(iv)
MERS System : The system of recording transfers of
mortgages electronically maintained by MERS.
(v)
MIN : The Mortgage Identification Number for any MERS
Loan.
(vi)
MOM Loan : Any Loan as to which MERS is acting as
mortgagee, solely as nominee for the originator of such Loan and
its successors and assigns.
(vii)
Prepayment Penalty : With respect to each Mo
| 
