0001162318-02-000165 Sample Contracts

AMORTIZING RESIDENTIAL COLLATERAL TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2002-BC7 TERMS AGREEMENT
Terms Agreement • October 15th, 2002 • Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc7 • Asset-backed securities

Structured Asset Securities Corporation, as Depositors under the Trust Agreement dated as of September 1, 2002 (the “Trust Agreement”).

Mortgage Guaranty Commitment/Certificate
Mortgage Guaranty Commitment/Certificate • October 15th, 2002 • Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc7 • Asset-backed securities

Mortgage Guaranty Insurance Corporation (the "Company"), 250 E. Kilbourn Avenue/P.O. Box 488 Milwaukee, Wisconsin 53201-0488, hereby agrees to pay to the Insured any Loss due to the Default by a Borrower on the Loan identified below, subject to the terms and conditions of the Master Policy, the conditions noted, if any, and in reliance on the Insured's application for insurance.