Supplement Number One to Indenture for Home Loan Trust 2003-HI1 and JPMorgan Chase Bank (March 28, 2003)

Summary

This agreement is a supplemental indenture between Home Loan Trust 2003-HI1 and JPMorgan Chase Bank, acting as Indenture Trustee. It amends a specific section of their original indenture agreement related to the distribution of certain funds, particularly prepayment charges, to the Certificateholder. All other terms of the original indenture remain unchanged. The amendment is effective as of March 28, 2003.

EX-10.1 3 hi1ind03.txt SUPPLEMENTAL NO. 1 TO INDENTURE SUPPLEMENT NUMBER ONE to the INDENTURE Series 2003-HI1 Dated as of March 28, 2003 between HOME LOAN TRUST 2003-HI1, as Issuer and JPMORGAN CHASE BANK, as Indenture Trustee This SUPPLEMENT NUMBER ONE is effective as of the 28th day of March, 2003, by and between HOME LOAN TRUST 2003-HI1, as the issuer (the "Issuer") and JPMORGAN CHASE BANK, as the Indenture Trustee (the "Indenture Trustee"), in connection with the Indenture dated as of March 28, 2003 between the above mentioned parties (the "Indenture"), and the issuance of Home Loan-Backed Notes, Series 2003-HI1. This supplemental indenture is made pursuant to Sections 9.01 and 9.03 of the Indenture. 1. Capitalized terms used herein and not defined herein shall have the meanings assigned to such terms in the Indenture. 2. Section 3.05(d)(xi) of the Indenture is hereby amended effective as of the date indicated above by deleting such clause in its entirety and replacing it with the following: (xi) eleventh, an remaining amounts and any amounts constituting prepayment charges will be distributed to the Certificate Paying Agent on behalf of the Certificateholder in respect of the Residual Component. 3. Except as amended above, the Indenture shall continue to be in full force and effect in accordance with its terms. -1- IN WITNESS WHEREOF, the Issuer and the Indenture Trustee, have caused their duly authorized representatives to execute and deliver this instrument as of the date first above written. HOME LOAN TRUST 2003-HI1, as Issuer by: WILMINGTON TRUST COMPANY, not in its individual capacity but solely in its capacity as Owner Trustee By: ------------------------------------------------ Title: JPMORGAN CHASE BANK, as Indenture Trustee By: ------------------------------------------------ Title: -2-