Common use of Procedural Terms Clause in Contracts

Procedural Terms. Calculation Agent: Party A Offices: The Office of Party A for this Cap Transaction is New York. -------- Account Details: ---------------- Payments to Party A: CITIBANK N.A. ABA# ▇▇▇-▇▇▇-▇▇▇ Account No.: ▇▇▇▇▇▇▇▇ A/C IXISFP Payments to Party B: Deutsche Bank Trust Company Americas ABA# ▇▇▇▇▇▇▇▇▇ Account# ▇▇▇▇▇▇▇▇ Account Name: NYLTD Funds Control/Stars West Ref: IndyMac INDX 2006-AR2 (Class 2-A1 Certificates) Please confirm that the foregoing correctly sets forth the terms and conditions of our agreement by executing this Confirmation and returning it to us by facsimile to: IXIS Financial Products Inc. (▇▇▇) ▇▇▇-▇▇▇▇ (fax) Attn: Swap Operations IXIS Financial Products Inc. By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ----------------------------------- Authorized Signatory By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ----------------------------------- Authorized Signatory Accepted and confirmed as of the Trade Date written above: Cap Trust, IndyMac INDX Mortgage Loan Trust 2006-AR2 By: Deustche Bank National Trust Company, not in its individual capacity, but solely as Cap Trustee By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Associate SCHEDULE A to the Confirmation dated as of February 28, 2006, Amortization Schedule: Amortization Schedule,

Procedural Terms. Calculation Agent: Party A Offices: The Office of Party A for this Cap Transaction is New YorkLondon. -------- Account Details: ---------------- Payments to Party A: CITIBANK N.A. ABA# ABN AMRO Bank N.V., New York, ABNAUS33 CHIPS 007535 ABA No. ▇▇▇-▇▇▇-▇▇▇ Account No.: ▇▇▇▇▇▇▇▇ A/C IXISFP Name: ABN Amro Bank N.V., London A/C No. /661001036741 Ref. DCM Payments to Party B: Deutsche Bank Trust Company Americas ▇▇▇▇▇ Fargo Bank, N.A. ABA# ▇▇▇▇▇▇▇▇▇ Account# For Credit to: Corporate Trust Clearing Acct: ▇▇▇▇▇▇▇▇▇▇ Account NameFFC: NYLTD Funds Control/Stars West 50966203 Ref: IndyMac INDX FFML 2006-AR2 (Class 2-A1 Certificates) FF17 // Interest Rate Cap Account ABN Amro Bank N.V. OTC Derivative Operations ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Tel:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ Fax:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇/30 Please confirm that the foregoing correctly sets forth the terms and conditions of our agreement by executing this Confirmation and returning it to us by facsimile tofax/telex to ABN AMRO Bank N.V. to the attention of Derivatives Documentation Unit: IXIS Financial Products Inc. (▇▇▇) ▇▇▇-Fax Number :▇▇▇▇ (fax) Attn: Swap Operations IXIS Financial Products Inc. By: /s/ ▇▇▇ ▇▇▇▇▇▇▇/9430 Telephone Number :▇▇▇▇ ▇. ▇▇ ▇▇▇▇▇▇ ----------------------------------- Authorized Signatory ▇▇/3196 ABN AMRO Bank N.V., London By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ----------------------------------- Authorized Signatory Accepted and confirmed as of the Trade Date written aboveName: Cap Trust, IndyMac INDX Mortgage Loan Trust 2006-AR2 By▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Deustche Bank National Trust Company, not in its individual capacity, but solely as Cap Trustee Authorised Signature By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Authorised Signature Accepted and confirmed as of the Trade Date written above: By: ▇▇▇▇▇ Fargo Bank, N.A., not in its individual capacity, but solely as Trustee By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Associate Vice President ABN Amro Bank N.V. OTC Derivative Operations ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Tel:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ Fax:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇/30 SCHEDULE A to the Confirmation dated as of February 28November 27, 2006, Re: Reference Number 4245432 Amortization Schedule, *subject to adjustment in accordance with the Following Business Day Convention ABN Amro Bank N.V. OTC Derivative Operations ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Tel:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ Fax:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇/30 ABN Amro Bank N.V. OTC Derivative Operations ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Tel:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ Fax:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇/30 DATE: November 27, 2006 TO: Supplemental Interest Trust, First Franklin Mortgage Loan Trust 2006-FF17 c/o Wells Fargo Bank, N.A. ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Client Service Manager - FFML 2006-FF17 ("Party B") FROM: ABN AMRO BANK N.V. ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Attention: Fixed Income Derivatives Documentation Telex: 887366 Answerback: ABNALN G Fax: ▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ Telephone: ▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ Electronic Messaging System Details: Swift ABNA ▇▇ ▇▇ ("Party A") RE: Interest Rate Cap Transaction Dear Sir or Madam: The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the Transaction entered into between us on the Trade Date specified below (the “Transaction”). The definitions and provisions contained in the 2000 ISDA Definitions as published by the International Swaps and Derivatives Association, Inc. are incorporated into this Confirmation. In the event of any inconsistency between those definitions and provisions and this Confirmation, this Confirmation will govern. This Confirmation constitutes a “Confirmation” as referred to in, and supplements, forms part of and is subject to, the ISDA Master Agreement dated as of November 27, 2006, as amended and supplemented from time to time (the “Agreement”) between Party A and Party B. All provisions contained in the Agreement govern this Confirmation except as expressly modified below. ABN Amro Bank N.V. OTC Derivative Operations ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Tel:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ Fax:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇/30 1. The Cap Transaction to which this Confirmation relates is a Rate Cap Transaction, the terms of which are as follow: Trade Date: November 15, 2006 Effective Date: October 25, 2007, subject to adjustment in accordance with the Following Business Day Convention Termination Date: November 25, 2011, subject to adjustment in accordance with the Following Business Day Convention Notional Amount: Fixed Amounts (Premium): Fixed Rate Payer: Fixed Rate Payer Payment Date: Fixed Amount: See Amortization Schedule,, Schedule A Party B November 27, 2006, subject to adjustment in accordance with the Following Business Day Convention. USD $478,000; ▇▇▇▇▇▇ Brothers Holdings Inc. on behalf of Party B shall pay to Party A the Fixed Amount on or prior to November 27, 2006. This Floating Rate Payer Upfront Payment is included in the net amount of $645,000 payable to ▇▇▇▇▇▇ Brothers Holdings Inc. (for the benefit of Party B) by Party A under confirmation Ref. No. 4245583 between Party A and Party B of even date herewith. Floating Rate Payer: Party A Cap Rate: 6.50% Floating Rate Payer Period End Dates: The 25th day of each month of each year, commencing on November 25, 2007 to and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment, one (1) Business Day preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One (1) month ABN Amro Bank N.V. OTC Derivative Operations ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Tel:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ Fax:+▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇/30 Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: Any day other than (i) a Saturday or a Sunday, or (ii) a day on which banking institutions in (1) the city in which the Corporate Trust Office is located or (2) the States of New York, Colorado, Maryland or Minnesota are closed.

Procedural Terms. Calculation Agent: Party A Offices: The Office of Party A for this Cap Transaction is New York. -------- Account Details: ---------------- Payments to Party A: CITIBANK N.A. ABA# ▇▇▇-▇▇▇-▇▇▇ Account No.: ▇▇▇▇▇▇▇▇ A/C IXISFP Payments to Party B: Deutsche Bank Trust Company Americas ABA# ▇▇▇▇▇▇▇▇▇ Account# ▇▇▇▇▇▇▇▇ Account Name: NYLTD Funds Control/Stars West Ref: IndyMac INDX 2006-AR2 (Class 2-A1 A2 Certificates) Please confirm that the foregoing correctly sets forth the terms and conditions of our agreement by executing this Confirmation and returning it to us by facsimile to: IXIS Financial Products Inc. (▇▇▇) ▇▇▇-▇▇▇▇ (fax) Attn: Swap Operations IXIS Financial Products Inc. By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ----------------------------------- Authorized Signatory By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ----------------------------------- Authorized Signatory Accepted and confirmed as of the Trade Date written above: Cap Trust, IndyMac INDX Mortgage Loan Trust 2006-AR2 By: Deustche Bank National Trust Company, not in its individual capacity, but solely as Cap Trustee By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Associate SCHEDULE A to the Confirmation dated as of February 28, 2006, Amortization Schedule: Amortization Schedule,

Procedural Terms. Calculation Agent: Party A Offices: The Office of Party A for this Cap Transaction is New York. -------- Account Details: ---------------- Payments to Party A: CITIBANK N.A. ABA# ▇▇▇-▇▇▇-▇▇▇ Account No.: ▇▇▇▇▇▇▇▇ A/C IXISFP Payments to Party B: Deutsche Bank Trust Company Americas ABA# ▇▇▇▇▇▇▇▇▇ Account# ▇▇▇▇▇▇▇▇ Account Name: NYLTD Funds Control/Stars West Ref: IndyMac INDX 2006-AR2 (Class 21-A1 A1B Certificates) Please confirm that the foregoing correctly sets forth the terms and conditions of our agreement by executing this Confirmation and returning it to us by facsimile to: IXIS Financial Products Inc. (▇▇▇) ▇▇▇-▇▇▇▇ (fax) Attn: Swap Operations IXIS Financial Products Inc. By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ----------------------------------- Authorized Signatory By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ----------------------------------- Authorized Signatory Accepted and confirmed as of the Trade Date written above: Cap Trust, IndyMac INDX Mortgage Loan Trust 2006-AR2 By: Deustche Bank National Trust Company, not in its individual capacity, but solely as Cap Trustee By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Associate SCHEDULE A to the Confirmation dated as of February 28, 2006, Amortization Schedule: Amortization Schedule,