Security Agreement between DF Special Holdings Corporation and Wilmington Trust Company as Owner Trustee

Summary

DF Special Holdings Corporation has assigned to Wilmington Trust Company, acting as Owner Trustee, all of its interests in certain asset-backed and owner trust certificates as part of a trust arrangement. The agreement lists the specific certificates included and grants Wilmington Trust Company rights to all related assets and proceeds. This arrangement secures the interests of the trust and outlines the assets held as part of the trust estate.

EX-4.17(A) 6 0006.txt FORM OF EXHIBIT 4.17(A) DF SPECIAL HOLDINGS CORPORATION AS DEBTOR AND WILMINGTON TRUST COMPANY , AS OWNER TRUSTEE, AS SECURED PARTY Wilmington Trust Company is Owner Trustee under the Deposit Trust Agreement, dated as of December 22, 2000, between DF Special Holdings Corporation, as Depositor, and Wilmington Trust Company, as Owner Trustee, relating to Delta Funding Residual Holding Trust 2000-1. There has been assigned to or are being held by Wilmington Trust Company as Owner Trustee all of the asset-backed certificates and/or owner trust certificates (the "Underlying Certificates") now or hereafter held as part of the Trust Estate as set forth in the Certificate Schedule maintained with the Owner Trustee, including without limitation all amounts payable to, and all rights of, the holder of the Underlying Certificates under the pooling and service agreements and/or trust agreements pursuant to which the Underlying Certificates were issued, and all other assets, instruments, money, negotiable documents, chattel paper, securities, investment property and financial assets at any time comprising part of the Trust Estate, whether now existing or hereafter created or acquired and the proceeds thereof. A list of all Underlying Certificates currently held as part of the Trust Estate are set forth on Schedule I hereto. SCHEDULE I TO EXHIBIT 4.17(A) 1. Delta Funding Home Equity Loan Trust 1997-1, Home Equity Loan Asset-Backed Certificates, Series 1997-1, Class R-1-1, representing a 99.999999% percentage interest in such class. 2. Delta Funding Home Equity Loan Trust 1997-1, Home Equity Loan Asset-Backed Certificates, Series 1997-1, Class R-2, representing a 99.999999% percentage interest in such class. 3. Delta Funding Home Equity Loan Trust 1997-2, Home Equity Loan Asset-Backed Certificates, Series 1997-2, Class R-1, representing a 99.999999% percentage interest in such class. 4. Delta Funding Home Equity Loan Trust 1997-2, Home Equity Loan Asset-Backed Certificates, Series 1997-2, Class R-2, representing a 99.999999% percentage interest in such class. 5. Delta Funding Home Equity Loan Trust 1997-3, Home Equity Loan Asset-Backed Certificates, Series 1997-3, Class R-1, representing a 0.000001% percentage interest in such class. 6. Delta Funding Home Equity Loan Trust 1997-3, Home Equity Loan Asset-Backed Certificates, Series 1997-3, Class R-2, representing a 0.000001% percentage interest in such class. 7. Delta Funding Home Equity Loan Trust 1997-4, Home Equity Loan Asset-Backed Certificates, Series 1997-4, Class R-1, representing a 99.999999% percentage interest in such class. 8. Delta Funding Home Equity Loan Trust 1997-4, Home Equity Loan Asset-Backed Certificates, Series 1997-4, Class R-2, representing a 99.999999% percentage interest in such class. 9. Delta Funding Home Equity Loan Trust 1998-2, Home Equity Loan Asset-Backed Certificates, Series 1998-2, Class R-2, representing a 99.999999% percentage interest in such class. 10. Delta Funding Home Equity Loan Trust 1998-2, Home Equity Loan Asset-Backed Certificates, Series 1998-2, Class R-1, representing a 99.999999% percentage interest in such class. 11. Delta Funding Home Equity Loan Trust 1998-3, Home Equity Loan Asset-Backed Certificates, Series 1998-3, Class R-1, representing a 99.999999% percentage interest in such class. 12. Delta Funding Home Equity Loan Trust 1998-3, Home Equity Loan Asset-Backed Certificates, Series 1998-3, Class R-2, representing a 99.999999% percentage interest in such class. 13. Delta Funding Home Equity Loan Trust 1998-3, Home Equity Loan Asset-Backed Certificates, Series 1998-3, Class R-3, representing a 99.999999% percentage interest in such class. 14. Delta Funding Home Equity Loan Trust 1998-4, Home Equity Loan Asset-Backed Certificates, Series 1998-4, Class R-1, representing a 99.999999% percentage interest in such class. 15. Delta Funding Home Equity Loan Trust 1998-4, Home Equity Loan Asset-Backed Certificates, Series 1998-4, Class R-2, representing a 99.999999% percentage interest in such class. 16. Delta Funding Home Equity Loan Trust 1998-4, Home Equity Loan Asset-Backed Certificates, Series 1998-4, Class R-3, representing a 99.999999% percentage interest in such class. 17. Delta Funding Home Equity Loan Trust 1999-1, Home Equity Loan Asset-Backed Certificates, Series 1999-1, Class R-1, representing a 99.999999% percentage interest in such class. 18. Delta Funding Home Equity Loan Trust 1999-1, Home Equity Loan Asset-Backed Certificates, Series 1999-1, Class R-2, representing a 99.999999% percentage interest in such class. 19. Delta Funding Home Equity Loan Trust 1999-1, Home Equity Loan Asset-Backed Certificates, Series 1999-1, Class R-3, representing a 99.999999% percentage interest in such class. 20. Delta Funding Home Equity Loan Trust 1999-2, Home Equity Loan Asset-Backed Certificates, Series 1999-2, Class R-1, representing a 99.999999% percentage interest in such class. 21. Delta Funding Home Equity Loan Trust 1999-2, Home Equity Loan Asset-Backed Certificates, Series 1999-2, Class R-2, representing a 99.999999% percentage interest in such class. 22. Delta Funding Home Equity Loan Trust 1999-2, Home Equity Loan Asset-Backed Certificates, Series 1999-2, Class R-3, representing a 99.999999% percentage interest in such class. 23. Delta Funding Home Equity Loan Trust 1999-2, Home Equity Loan Asset-Backed Certificates, Series 1999-3 representing a 100% percentage interest in such Class BIO. 24. Delta Funding Home Equity Loan Trust 1999-3, Home Equity Loan Asset-Backed Certificates, Series 1999-3, Class BIO, representing a 100% percentage interest in such class. 25. Delta Funding Home Equity Loan Trust 1999-3, Home Equity Loan Asset-Backed Certificates, Series 1999-3, Class R-1, representing a 99.999999% percentage interest in such class. 26. Delta Funding Home Equity Loan Trust 1999-3, Home Equity Loan Asset-Backed Certificates, Series 1999-3, Class R-2, representing a 99.999999% percentage interest in such class. 27. Delta Funding Home Equity Loan Trust 1999-3, Home Equity Loan Asset-Backed Certificates, Series 1999-3, Class R-3, representing a 99.999999% percentage interest in such class. 28. Delta Funding Home Equity Loan Trust 2000-1, Home Equity Loan Asset-Backed Certificates, Series 2000-1, Class BIO, representing a 100.00% percentage interest in such class. 29. Delta Funding Home Equity Loan Trust 2000-1, Home Equity Loan Asset-Backed Certificates, Series 2000-1, Class R-1, representing a 99.999999% percentage interest in such class. 30. Delta Funding Home Equity Loan Trust 2000-1, Home Equity Loan Asset-Backed Certificates, Series 2000-1, Class R-2, representing a 99.999999% percentage interest in such class. 31. Delta Funding Home Equity Loan Trust 2000-1, Home Equity Loan Asset-Backed Certificates, Series 2000-1, Class R-3, representing a 99.999999% percentage interest in such class. 32. Delta Funding Home Equity Loan Trust 2000-2, Home Equity Loan Asset-Backed Certificates, Series 2000-2, Class BIO, representing a 100% percentage interest in such class. 33. Delta Funding Home Equity Loan Trust 2000-2, Home Equity Loan Asset-Backed Certificates, Series 2000-2, Class R-1, representing a 99.999999% percentage interest in such class. 34. Delta Funding Home Equity Loan Trust 2000-2, Home Equity Loan Asset-Backed Certificates, Series 2000-2, Class R-2, representing a 99.999999% percentage interest in such class. 35. Delta Funding Home Equity Loan Trust 2000-2, Home Equity Loan Asset-Backed Certificates, Series 2000-2, Class R-3, representing a 99.999999% percentage interest in such class. 36. Delta Funding Home Equity Loan Trust 2000-3, Home Equity Loan Asset-Backed Certificates, Series 2000-3, Class BIO, representing a 100.00% percentage interest in such class. 37. Delta Funding Home Equity Loan Trust 2000-3, Home Equity Loan Asset-Backed Certificates, 2000-3, Class R-1, representing a 99.999999% percentage interest in such class. 38. Delta Funding Home Equity Loan Trust 2000-3, Home Equity Loan Asset-Backed Certificates, Series 2000-3, Class R-2, representing a 99.999999% percentage interest in such class. 39. Delta Funding Home Equity Loan Trust 2000-3, Home Equity Loan Asset-Backed Certificates, Series 2000-3, Class R-3, representing a 99.999999% percentage interest in such class. 40. Delta Funding Home Equity Loan Trust 2000-4, Home Equity Loan Asset-Backed Certificates, Series 2000-4, Class BIO, representing a 100.00% percentage interest in such class. 41. Delta Funding Home Equity Loan Trust 2000-4, Home Equity Loan Asset-Backed Certificates, Series 2000-4, Class R-1, representing a 99.999999% percentage interest in such class. 42. Delta Funding Home Equity Loan Trust 2000-4, Home Equity Loan Asset-Backed Certificates, Series 2000-4, Class R-2, representing a 99.999999% percentage interest in such class. 43. Delta Funding Home Equity Loan Trust 2000-4, Home Equity Loan Asset-Backed Certificates, Series 2000-4, Class R-3, representing a 99.999999% percentage interest in such class.