STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., Depositor, DEUTSCHE BANK NATIONAL TRUST COMPANY, Trustee, WELLS FARGO BANK, NATIONAL ASSOCIATION Master Servicer and Securities Administrator, and MORTGAGEIT, INC. Seller and Company AMENDMENT NO. 1 dated as of January 5, 2006 Amending the POOLING AND SERVICING AGREEMENT among the Depositor, the Trustee, the Master Servicer, the Securities Administrator, the Seller and the Company Dated as of November 1, 2005 MortgageIT Trust 2005-AR1, Mortgage Pass-Through Certificates Series 2005-AR1

EX-10.1 4 psa-amendment.htm PSA AMENDMENT

 

 

 

 

STRUCTURED ASSET MORTGAGE INVESTMENTS II INC.,

Depositor,

 

DEUTSCHE BANK NATIONAL TRUST COMPANY,

Trustee,

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

Master Servicer and Securities Administrator,

 

and

 

MORTGAGEIT, INC.

Seller and Company

 

 

AMENDMENT NO. 1

 

dated as of January 5, 2006

 

 

Amending the

 

POOLING AND SERVICING AGREEMENT

 

among the Depositor, the Trustee, the Master Servicer, the Securities Administrator,

the Seller and the Company

 

Dated as of November 1, 2005

 

MortgageIT Trust 2005-AR1,

Mortgage Pass-Through Certificates

 

Series 2005-AR1

 

 


 

 

 

 

               AMENDMENT NO. 1 ("Amendment"), dated as of the 5th day of January, 2006, to the Agreement (defined below). Capitalized terms used herein shall have the meanings given thereto in the Agreement.

 

WHEREAS, STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., as depositor (the "Depositor"), DEUTSCHE BANK NATIONAL TRUST COMPANY, as trustee (the “Trustee”), WELLS FARGO BANK, NATIONAL ASSOCIATION, as master servicer (in such capacity, the “Master Servicer”) and as securities administrator (in such capacity, the “Securities Administrator”), and MORTGAGEIT, INC., as seller (in such capacity, the “Seller”) and as company (in such capacity, the “Company”) entered into a Pooling and Servicing Agreement, dated as of November 1, 2005 (the "Agreement"), providing for the issuance of MortgageIT Trust 2005-AR1, Mortgage Pass-Through Certificates Series 2005-AR1 (the “Certificates”); and

 

WHEREAS, Section 11.02(a)(ii) of the Agreement permits the amendment of the Agreement by the Depositor, the Master Servicer, the Securities Administrator and the Trustee, without notice to or the consent of any of the Certificateholders, to correct or supplement any provisions therein that may be defective or inconsistent with any other provisions therein; and

 

WHEREAS, the Depositor, the Master Servicer, the Securities Administrator and the Trustee wish to amend the Agreement as set forth herein; and

 

WHEREAS, the execution of this Amendment has been duly authorized by the Depositor, the Master Servicer, the Securities Administrator and the Trustee; and

 

NOW THEREFORE, the Depositor, the Master Servicer, the Securities Administrator and the Trustee hereby agree as follows:

 

 

Section 1.

 

The reference to “3.064%” in the definition of “One-Month LIBOR” is hereby replaced with “4.15938%”.

 

 

Section 2.

 

This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original, and such counterparts shall constitute but one and the same instrument.

 

 


 

 

                IN WITNESS WHEREOF, the parties hereto have caused their names to be signed hereto by their officers thereunto duly authorized and their seal, duly attested, to be hereunto affixed, all as of the day and year first above written.

 

STRUCTURED ASSET MORTGAGE
INVESTMENTS II INC., as Depositor

By:  /s/ Baron Silverstein                                         
Name:  Baron Silverstein
Title:  Managing Director

DEUTSCHE BANK NATIONAL TRUST
COMPANY, as Trustee

 

 

By:  /s/ Barbara Campbell                                            
Name:  Barbara Campbell
Title:  Vice President

WELLS FARGO BANK, NATIONAL
ASSOCIATION, as Master Servicer

 

 

By:  /s/ Michael Pinzon                                     
Name:  Michale Pinzon
Title:  Assistant Vice President

WELLS FARGO BANK, NATIONAL
ASSOCIATION, as Securities Administrator

 

By:  /s/ Michael Pinzon                                     
Name:  Michale Pinzon
Title:  Assistant Vice President

MORTGAGEIT, INC.

 

 

By:  /a/ Robert A. Gula                                       
Name:  Robert Gula
Title:Chief Financial Officer

 

 

2

 


 

 

 

STATE OF NEW YORK

)

 

 

 

) ss.:

 

 

COUNTY OF NEW YORK

)

 

 

On the 5th day of January, 2006, before me, a notary public in and for said State, personally appeared Baron Silverstein, known to me to be a Vice President of Structured Asset Mortgage Investments II Inc., the corporation that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

  /s/ Michelle Sterling                                                

Notary Public

[Notarial Seal]

 

 


 

 

STATE OF NEW YORK

)

 

 

 

) ss.:

 

 

COUNTY OF NEW YORK

)

 

 

On the 5th day of January, 2006, before me, a notary public in and for said State, personally appeared Barbara Campbell, known to me to be a Vice President of Deutsche Bank National Trust Company, the entity that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such entity executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the

day and year in this certificate first above written.

  /s/ Ann Lynn Stoddard                                           

Notary Public

[Notarial Seal]

 

 


 

 

STATE OF MARYLAND

)

 

 

 

) ss.:

 

 

COUNTY OF BALTIMORE

)

 

 

 

On the 5th day of January, 2006, before me, a notary public in and for said State, personally appeared Michael Pinzon, known to me to be an Assistant Vice President of Wells Fargo Bank, National Association, the entity that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such entity executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the

day and year in this certificate first above written.

  /s/ Janet M. Jolley                                                

Notary Public

[Notarial Seal]

 

 


 

 

STATE OF MARYLAND

)

 

 

 

) ss.:

 

 

COUNTY OF BALTIMORE

)

 

 

On the 5th day of January, 2006, before me, a notary public in and for said State, personally appeared Michael Pinzon, known to me to be an Assistant Vice President of Wells Fargo Bank, National Association, the entity that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such entity executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

  /s/ Janet M. Jolley                                              

Notary Public

[Notarial Seal]

 

 


 

 

STATE OF NEW YORK

)

 

 

 

) ss.:

 

 

COUNTY OF NEW YORK

)

 

 

On the 5th day of January, 2006, before me, a notary public in and for said State, personally appeared Robert Gula, known to me to be Chief Financial Officer of MortgageIT, Inc., the corporation that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

  /s/ Mary Doherty                                              

Notary Public

[Notarial Seal]