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AMENDMENT TO THE POOLING & SERVICING AGREEMENT

Pooling and Servicing Agreement

AMENDMENT TO THE POOLING & SERVICING AGREEMENT | Document Parties: DEUTSCHE ALT-A SECURITIES, INC., | HSBC BANK USA, NATIONAL ASSOCIATION | WELLS FARGO BANK, NATIONAL ASSOCIATION You are currently viewing:
This Pooling and Servicing Agreement involves

DEUTSCHE ALT-A SECURITIES, INC., | HSBC BANK USA, NATIONAL ASSOCIATION | WELLS FARGO BANK, NATIONAL ASSOCIATION

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Title: AMENDMENT TO THE POOLING & SERVICING AGREEMENT
Governing Law: New York     Date: 12/16/2005

AMENDMENT TO THE POOLING & SERVICING AGREEMENT, Parties: deutsche alt-a securities  inc.  , hsbc bank usa  national association , wells fargo bank  national association
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AMENDMENT

to the

POOLING AND SERVICING AGREEMENT

dated as of August 1, 2005

among

DEUTSCHE ALT-A SECURITIES, INC.,

WELLS FARGO BANK, NATIONAL ASSOCIATION, and

HSBC BANK USA, NATIONAL ASSOCIATION

 

Deutsche Alt-A Securities, Inc. Mortgage Loan Trust, Series 2005-4

Mortgage Pass-Through Certificates

 

This AMENDMENT (this “Amendment”) is made and is effective as of this 9 th day of December, 2005, among Deutsche Alt-A Securities, Inc., as depositor (the “Depositor”), Wells Fargo Bank, National Association, as master servicer (the “Master Servicer”) and securities administrator (the “Securities Administrator”) and HSBC Bank USA, National Association, as trustee (the “Trustee”), to the Pooling and Servicing Agreement relating to the above-captioned Mortgage Pass-Through Certificates, dated as of August 1, 2005 (the “Pooling and Servicing Agreement”), among the Depositor, the Master Servicer, the Securities Administrator and the Trustee.

RECITALS

 

WHEREAS, the Depositor, the Master Servicer, the Securities Administrator and the Trustee entered into the Pooling and Servicing Agreement;

WHEREAS, the Depositor desires to amend certain provisions of the Pooling and Servicing Agreement as set forth herein; and

WHEREAS, Section 11.1 of the Pooling and Servicing Agreement provides that the Pooling and Servicing Agreement may be amended by the Depositor, the Master Servicer, the Securities Administrator and the Trustee with the consent of the holders of each Class of Certificates affected thereby for the purpose of adding any provisions to the Pooling and Servicing Agreement or changing in any manner or eliminating any of the provisions thereof or of modifying in any manner the rights of the Holders of such Class or Classes of affected Certificates, upon the satisfaction of certain conditions set forth therein.

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 . Capitalized terms used but not defined herein shall have the meanings ascribed thereto in the Pooling and Servicing Agreement.

SECTION 2.    Amendment . The parties hereto agree to amend the Pooling and Servicing Agreement as provided herein:

 

 


 

(a)          Section 1.1 of the Pooling and Servicing Agreement is hereby amended by adding the following new definition thereto:

Optional Termination Date : The Distribution Date on which the aggregate Principal Balance of the Loans and the fair market value of each REO Property remaining in the Trust Fund is reduced to less than or equal to 5% of the sum of (i) the Scheduled Principal Balance of the Loans as of the Cut-Off Date and (ii) the Original Pre-Funded Amount.

(b)          The definition of “Pass-Through Rate”


 
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