AMENDMENT NUMBER ONE
to the
POOLING AND SERVICING AGREEMENT
Series 2005-HE7, Dated as of July 1,
2005
among
BEAR STEARNS ASSET BACKED SECURITIES I LLC, as
Depositor
EMC MORTGAGE CORPORATION, as a Seller and as
Master Servicer
and
LASALLE BANK NATIONAL ASSOCIATION,
as Trustee
This AMENDMENT NUMBER ONE is made
and entered into this 3 rd day of October 2005, by and
among BEAR STEARNS ASSET BACKED SECURITIES I LLC, a Delaware
limited liability company, as depositor (the
“Depositor”), EMC MORTGAGE CORPORATION, a Delaware
corporation, as a seller (in such capacity, a “seller”)
and as master servicer (in such capacity, the “Master
Servicer”) and LASALLE BANK NATIONAL ASSOCIATION, a national
banking association, not in its individual capacity but solely as
trustee (the “Trustee”), in connection with the Pooling
and Servicing Agreement, dated as of July 1, 2005, among the above
mentioned parties (the “Agreement”). This amendment is
made pursuant to Section 11.01 of the Agreement.
1. Capitalized
terms used herein and not defined herein shall have the meanings
assigned to such terms in the Agreement.
2. Exhibit
N of the Agreement shall be amended by deleting the exhibit in its
entirety and replacing it with the following:
|
1
|
4.00%
|
|
2
|
4.00%
|
|
3
|
4.00%
|
|
4
|
4.00%
|
|
5
|
4.00%
|
|
6
|
4.00%
|
|
7
|
4.00%
|
|
8
|
4.22%
|
|
9
|
5.25%
|
|
10
|
5.90%
|
|
11
|
6.77%
|
|
12
|
7.52%
|
|
13
|
8.29%
|
|
14
|
9.16%
|
|
15
|
9.82%
|
|
16
|
10.79%
|
|
17
|
11.28%
|
|
18
|
11.61%
|
|
19
|
12.39%
|
|
20
|
12.84%
|
|
21
|
13.50%
|
|
22
|
14.24%
|
|
23
|
15.76%
|
|
24
|
17.69%
|
|
25
|
19.33%
|
|
26
|
20.68%
|
|
27
|
21.12%
|
|
28
|
22.29%
|
|
29
|
23.50%
|
|
30
|
23.94%
|
|
31
|
24.76%
|
|
32
|
25.42%
|
|
33
|
25.74%
|
|
34
|
26.48%
|
|
35
|
26.86%
|
|
36
|
27.49%
|
|
37
|
28.58%
|
|
38
|
28.67%
|
|
39
|
29.63%
|
|
40
|
29.88%
|
|
41
|
30.24%
|
|
42
|
31.10%
|
|
43
|
31.96%
|
|
44
|
32.27%
|
|
45
|
32.44%
|
|
46
|
33.11%
|
|
47
|
33.10%
|
|
48
|
33.18%
|
|
49
|
33.02%
|
|
50
|
33.20%
|
|
51
|
32.92%
|
|
52
|
32.79%
|
|
53
|
32.94%
|
|
54
|
32.96%
|
|
55
|
32.25%
|
|
56
|
31.79%
|
|
57
|
31.67%
|
|
58
|
31.24%
|
|
59
|
31.31%
|
|
60
|
31.33%
|
|
61
|
31.38%
|
|
62
|
31.38%
|
|
63
|
30.92%
|
|
64
|
31.07%
|
|
65
|
30.66%
|
|
66
|
30.54%
|
|
67
|
31.20%
|
|
68
|
31.09%
|
|
69
|
31.55%
|
|
70
|
30.75%
|
|
71
|
30.65%
|
|
72
|
30.34%
|
|
73
|
30.38%
|
|
74
|
30.75%
|
|
75
|
31.20%
|
|
76
|
31.01%
|
|
77
|
30.16%
|
|
78
|
30.28%
|
|
79
|
29.68%
|
|
80
|
29.77%
|
|
81
|
28.64%
|
|
82
|
26.60%
|
|
83
|
26.88%
|
|
84
|
26.81%
|
|
85
|
26.78%
|
|
86
|
27.28%
|
|
87
|
27.36%
|
|
88
|
26.37%
|
|
89
|
25.56%
|
|
90
|
24.37%
|
|
91
|
25.29%
|
|
92
|
25.10%
|
|
93
|
24.15%
|
|
94
|
22.82%
|
|
95
|
23.14%
|
|
96
|
22.83%
|
|
97
|
24.04%
|
|
98
|
23.66%
|
|
99
|
23.19%
|
|
100
|
22.60%
|
|
101
|
24.
|
