Document:

EXECUTION

       

    

    CREDIT
      SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.,

     

    as
      Purchaser

     

     

    and

     

     

    THORNBURG
      MORTGAGE HOME LOANS, INC.,

     

    as
      Seller

     

     

    MORTGAGE
      LOAN PURCHASE AGREEMENT

     

    Dated
      as
      of November 1, 2006

     

     

    Adjustable
      Rate and Hybrid Mortgage Loans

     

    Thornburg
      Mortgage Securities Trust 2006-6

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Table
      of Contents

    Page

    
      	 	 	 
	
              ARTICLE
                I. DEFINITIONS AND SCHEDULES

            	
              1

            
	
              Section
                1.01.

            	
              Definitions

            	
              1

            
	
              ARTICLE
                II. SALE OF MORTGAGE LOANS; PAYMENT OF PURCHASE PRICE

            	
              2

            
	
              Section
                2.01.

            	
              Sale
                of Mortgage Loans

            	
              2

            
	
              Section
                2.02.

            	
              Obligations
                of the Seller Upon Sale

            	
              2

            
	
              Section
                2.03.

            	
              Payment
                of Purchase Price for the Mortgage Loans

            	
              3

            
	
              ARTICLE
                III. REPRESENTATIONS AND WARRANTIES; REMEDIES FOR BREACH

            	
              3

            
	
              Section
                3.01

            	
              Seller
                Representations and Warranties Relating to the Mortgage
                Loans

            	
              3

            
	
              Section
                3.02.

            	
              Seller’s
                Representations and Warranties

            	
              3

            
	
              Section
                3.03

            	
              Remedies
                for Breach of Representations and Warranties

            	
              5

            
	
              ARTICLE
                IV. SELLER’S
                COVENANTS

            	
              5

            
	
              Section
                4.01.

            	
              Covenants
                of the Seller

            	
              5

            
	
              ARTICLE
                V. INDEMNIFICATION

            	
              6

            
	
              Section
                5.01.

            	
              Indemnification

            	
              6

            
	
              ARTICLE
                VI. TERMINATION

            	
              6

            
	
              Section
                6.01.

            	
              Termination

            	
              6

            
	
              ARTICLE
                VII. MISCELLANEOUS PROVISIONS

            	
              6

            
	
              Section
                7.01.

            	
              Amendment

            	
              6

            
	
              Section
                7.02.

            	
              Governing
                Law

            	
              6

            
	
              Section
                7.03.

            	
              Notices

            	
              6

            
	
              Section
                7.04.

            	
              Severability
                of Provisions

            	
              7

            
	
              Section
                7.05.

            	
              Counterparts

            	
              7

            
	
              Section
                7.06.

            	
              Further
                Agreements

            	
              7

            
	
              Section
                7.07.

            	
              Intention
                of the Parties

            	
              7

            
	
              Section
                7.08.

            	
              Successors
                and Assigns: Assignment of Purchase Agreement

            	
              8

            
	
              Section
                7.09.

            	
              Survival

            	
              8

            

    

    

    
      	
              Schedule
                I:

            	
              Mortgage
                Loan Schedule.

            	
              I-1

            
	
              Schedule
                II:

            	
              List
                of Servicers and Servicing Agreements

            	
              II-1

            
	
              Schedule
                III:

            	
              Seller’s
                Representations and Warranties Relating to Mortgage Loans.

            	
              III-1

            

    

     

    
      
        
        

      

      
        i

        
          

        

      

      
        
        

      

    

    

    THIS
      MORTGAGE LOAN PURCHASE AGREEMENT, dated as of November 1, 2006 (the
“Agreement”),
      is
      made and entered into between Thornburg Mortgage Home Loans, Inc. (the
“Seller”)
      and
      Credit Suisse First Boston Mortgage Securities Corp. (the “Purchaser”).

     

    WITNESSETH

     

    WHEREAS,
      the Seller is the owner of the notes or other evidence of indebtedness (the
      “Mortgage
      Notes”)
      so
      indicated on Schedule I hereto referred to below, and the other documents or
      instruments constituting the Mortgage File (collectively, the “Mortgage
      Loans”);
      and

     

    WHEREAS,
      the Seller is a party to the servicing agreements identified on Schedule II
      (each a “Servicing
      Agreement,”
and
      together the “Servicing
      Agreements”),
      and
      certain of the Mortgage Loans are currently being serviced thereunder by the
      servicers identified therein; and

     

    WHEREAS,
      the Seller, as of the date hereof, owns the mortgages or deeds of trust (the
      “Mortgages”)
      on the
      properties (the “Mortgaged
      Properties”)
      securing such Mortgage Loans, including rights to (a) any property acquired
      by
      foreclosure or deed in lieu of foreclosure or otherwise, (b) the proceeds of
      any
      insurance policies covering the Mortgage Loans or the Mortgaged Properties
      or
      the obligors on the Mortgage Loans and (c) the Seller’s security interest in any
      Additional Collateral; and

     

    WHEREAS,
      the parties hereto desire that the Seller sell the Mortgage Loans, including
      the
      Mortgages, and assign the Seller’s rights under the Servicing Agreements to the
      Purchaser pursuant to the terms of this Agreement; and

     

    WHEREAS,
      pursuant to the terms of that certain Pooling and Servicing Agreement dated
      as
      of November 1, 2006 (the “Pooling
      and Servicing Agreement”)
      among
      the Purchaser, as depositor, the Seller, as seller, Wells Fargo Bank, N.A.,
      as
      master servicer and securities administrator, Wilmington Trust Company, as
      Delaware trustee and LaSalle Bank National Association, as trustee (in such
      capacity, the “Trustee”),
      the
      Purchaser will convey the Mortgage Loans to Thornburg Mortgage Securities Trust
      2006-6 (the “Trust”).

     

    NOW,
      THEREFORE, in consideration of the mutual covenants herein contained, the
      parties hereto agree as follows:

     

    ARTICLE
      I.

     

    DEFINITIONS
      AND SCHEDULES

     

    Section
      1.01. Definitions. Any
      capitalized term used but not defined herein and below shall have the meaning
      assigned thereto in the Pooling and Servicing Agreement, the related Preliminary
      Prospectus Supplement dated November 16, 2006 (the “Preliminary
      Prospectus Supplement”)
      to the
      Prospectus dated October 27, 2006 (the “Prospectus”),
      the
      related Final Prospectus Supplement dated November 27, 2006 (the “Final
      Prospectus Supplement”)
      to the
      Prospectus or the related Private Placement Memorandum dated November 27, 2006
      (the “Memorandum”).

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    

    ARTICLE
      II.

     

    SALE
      OF
      MORTGAGE LOANS; PAYMENT OF PURCHASE PRICE

     

    Section
      2.01. Sale
      of Mortgage Loans; Assignment of the Servicing Agreements. The
      Seller, concurrently with the execution and delivery of this Agreement, does
      hereby sell, assign, set over, and otherwise convey to the Purchaser, without
      recourse, all of its right, title and interest in, to and under (i) each
      Mortgage Loan, including the related Cut-Off Date Principal Balance, all
      interest due thereon after the Cut-Off Date and all collections in respect
      of
      interest and principal due after the Cut-Off Date (and all principal received
      before the Cut-Off Date to the extent such principal relates to a Monthly
      Payment due after the Cut-Off Date); (ii) property which secured such Mortgage
      Loan and which has been acquired by foreclosure or deed in lieu of foreclosure;
      (iii) its interest in any insurance policies in respect of the Mortgage Loans;
      (iv) any Additional Collateral with respect to the Mortgage Loans; and (v)
      all
      proceeds of any of the foregoing.

     

    Concurrently
      with the execution and delivery of this Agreement, the Seller hereby assigns
      to
      the Purchaser all of its rights and interest (but none of its obligations)
      under
      each Servicing Agreement, other than any servicing rights retained pursuant
      to
      the provisions of such Servicing Agreements, to the extent relating to the
      Mortgage Loans. The Purchaser hereby accepts such assignment, and shall be
      entitled to exercise all such rights of the Seller under each Servicing
      Agreement as if the Purchaser had been a party to each such
      agreement.

     

    Section
      2.02. Obligations
      of the Seller Upon Sale and Assignment. In
      connection with the transfer pursuant to Section 2.01 hereof, the Seller further
      agrees, at its own expense, on or prior to the Closing Date, (a) to indicate
      in
      its books and records that the Mortgage Loans have been sold to the Purchaser
      pursuant to this Agreement and (b) to deliver to the Purchaser and the Trustee
      a
      computer file containing a true and complete list of all such Mortgage Loans
      specifying for each such Mortgage Loan, as of the Cut-Off Date, (i) its account
      number and (ii) the Cut-Off Date Principal Balance and such file, which forms
      a
      part of Schedule A to the Pooling and Servicing Agreement, shall also be marked
      as Schedule I to this Agreement and is hereby incorporated into and made a
      part
      of this Agreement.

     

    In
      connection with such conveyance by the Seller, the Seller shall on behalf of the
      Purchaser deliver to, and deposit with the Trustee, as assignee of the
      Purchaser, on or before the Closing Date, the documents described in Section
      2.01 of the Pooling and Servicing Agreement including, but not limited to,
      the
      Servicing Agreements.

     

    The
      Seller hereby confirms to the Purchaser and the Trustee that it has made the
      appropriate entries in its general accounting records, to indicate that the
      Mortgage Loans have been transferred to the Trustee, or a custodian appointed
      pursuant to the Pooling and Servicing Agreement to act on behalf of the Trustee,
      and that the Mortgage Loans constitute part of the Trust in accordance with
      the
      terms of the Pooling and Servicing Agreement.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    The
      Purchaser hereby acknowledges its acceptance of all right, title and interest
      in, to and under the Mortgage Loans and other property, and its rights under
      the
      Servicing Agreements, now existing or hereafter created, conveyed to it pursuant
      to Section 2.01 hereof.

     

    The
      parties hereto intend that the transaction set forth herein be a non-recourse
      sale by the Seller to the Purchaser of all of the Seller’s right, title and
      interest in, to and under the Mortgage Loans and other property described in
      Section 2.01. Nonetheless, in the event the transaction set forth herein is
      deemed not to be a sale, the Seller hereby grants to the Purchaser a security
      interest in all of the Seller’s right, title and interest in, to and under the
      Mortgage Loans and other property described in Section 2.01, whether now
      existing or hereafter created, to secure all of the Seller’s obligations
      hereunder; and this Agreement shall constitute a security agreement under
      applicable law. The Seller and the Purchaser shall, to the extent consistent
      with this Agreement, take such actions as may be necessary to ensure that,
      if
      this Agreement were deemed to create a security interest in the Mortgage Loans,
      such security interest would be deemed to be a perfected security interest
      of
      first priority under applicable law and will be maintained as such throughout
      the term of the Pooling and Servicing Agreement.

     

    Section
      2.03. Payment
      of Purchase Price for the Mortgage Loans. In
      consideration of the sale of the Mortgage Loans from the Seller to the Purchaser
      on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing
      Date by transfer of immediately available funds, an amount equal to
      $1,309,894,234.12 (which amount includes accrued interest) (the “Purchase
      Price”).
      The
      Seller shall pay, and be billed directly for, all reasonable expenses incurred
      by the Purchaser in connection with the issuance of the Certificates, including,
      without limitation, printing fees incurred in connection with the Preliminary
      Prospectus Supplement, the Final Prospectus Supplement and the Memorandum
      relating to the Certificates, fees and expenses of Purchaser’s counsel, fees of
      the rating agencies requested to rate the Certificates, accountant’s fees and
      expenses and the fees and expenses of the Trustee and other out-of-pocket costs,
      if any.

     

    ARTICLE
      III.

     

    REPRESENTATIONS
      AND WARRANTIES; REMEDIES FOR BREACH

     

    Section
      3.01. Seller
      Representations and Warranties Relating to the Mortgage Loans. The
      Seller hereby makes the representations and warranties set forth in Schedule
      III
      hereto applicable to the Mortgage Loans and by this reference incorporated
      herein, to the Depositor and the Trustee, as of the Closing Date or, if
      applicable, such other date as may be specified therein.

     

    Section
      3.02.  Seller’s
      Representations and Warranties. The
      Seller represents, warrants and covenants to the Purchaser as of the Closing
      Date or as of such other date specifically provided herein:

     

    (i) the
      Seller is duly organized, validly existing and in good standing as a corporation
      under the laws of the State of Delaware and is and will remain in compliance
      with the laws of each state in which any Mortgaged Property is located to the
      extent necessary to fulfill its obligations hereunder;

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    (ii) the
      Seller has the power and authority to hold each Mortgage Loan, to sell each
      Mortgage Loan, to execute, deliver and perform, and to enter into and
      consummate, all transactions contemplated by this Agreement. The Seller has
      duly
      authorized the execution, delivery and performance of this Agreement, has duly
      executed and delivered this Agreement and this Agreement, assuming due
      authorization, execution and delivery by the Purchaser, constitutes a legal,
      valid and binding obligation of the Seller, enforceable against it in accordance
      with its terms except as the enforceability thereof may be limited by
      bankruptcy, insolvency or reorganization or other similar laws in relation
      to
      the rights of creditors generally;

     

    (iii) the
      execution and delivery of this Agreement by the Seller and the performance
      of
      and compliance with the terms of this Agreement will not violate the Seller’s
      articles of incorporation or by-laws or constitute a material default under
      or
      result in a material breach or acceleration of, any material contract, agreement
      or other instrument to which the Seller is a party or which may be applicable
      to
      the Seller or its assets;

     

    (iv) the
      Seller is not in violation of, and the execution and delivery of this Agreement
      by the Seller and its performance and compliance with the terms of this
      Agreement will not constitute a violation with respect to, any order or decree
      of any court or any order or regulation of any federal, state, municipal or
      governmental agency having jurisdiction over the Seller or its assets, which
      violation might have consequences that would materially and adversely affect
      the
      condition (financial or otherwise) or the operation of the Seller or its assets
      or might have consequences that would materially and adversely affect the
      performance of its obligations and duties hereunder;

     

    (v) the
      Seller does not believe, nor does it have any reason or cause to believe, that
      it cannot perform each and every covenant contained in this
      Agreement;

     

    (vi) the
      Seller has good, marketable and indefeasible title to the Mortgage Loans, free
      and clear of any and all liens, pledges, charges or security interests of any
      nature encumbering the Mortgage Loans;

     

    (vii) the
      Mortgage Loans are not being transferred by the Seller with any intent to
      hinder, delay or defraud any creditors of the Seller;

     

    (viii) there
      are
      no actions or proceedings against, or investigations known to it of, the Seller
      before any court, administrative or other tribunal (A) that might prohibit
      its
      entering into this Agreement, (B) seeking to prevent the sale of the Mortgage
      Loans or the consummation of the transactions contemplated by this Agreement
      or
      (C) that might prohibit or materially and adversely affect the performance
      by
      the Seller of its obligations under, or validity or enforceability of, this
      Agreement;

     

    (ix) no
      consent, approval, authorization or order of any court or governmental agency
      or
      body is required for the execution, delivery and performance by the Seller
      of,
      or compliance by the Seller with, this Agreement or the consummation of the
      transactions contemplated by this Agreement, except for such consents,
      approvals, authorizations or orders, if any, that have been obtained;
      and

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    (x) the
      consummation of the transactions contemplated by this Agreement are in the
      ordinary course of business of the Seller, and the transfer, assignment and
      conveyance of the Mortgage Notes and the Mortgages by the Seller pursuant to
      this Agreement are not subject to the bulk transfer or any similar statutory
      provisions.

     

    Section
      3.03. Remedies
      for Breach of Representations and Warranties. 
      It is
      understood and agreed that (i) the representations and warranties set forth
      in
      Sections 3.01 and 3.02 shall survive the sale of the Mortgage Loans to the
      Purchaser and shall inure to the benefit of the Purchaser and the Trust,
      notwithstanding any restrictive or qualified endorsement on any Mortgage Note
      or
      Assignment or the examination or lack of examination of any Mortgage File and
      (ii) the remedies for the breach of such representations and warranties and
      for
      the failure to deliver the documents referred to in Section 2.02 hereof shall
      be
      as set forth in Section 2.03 of the Pooling and Servicing
      Agreement.

     

    It
      is
      understood and agreed that the representations and warranties set forth in
      Section 3.01 hereof shall survive delivery of the respective Mortgage Files
      to
      the Trustee on behalf of the Purchaser.

     

    ARTICLE
      IV.

     

    SELLER’S
      COVENANTS

     

    Section
      4.01. Covenants
      of the Seller. 
      The
      Seller hereby covenants that, except for the transfer hereunder, it will not
      sell, pledge, assign or transfer to any other Person, or grant, create, incur,
      assume or suffer to exist any Lien on any Mortgage Loan, or any interest
      therein; it will notify the Trust, as assignee of the Purchaser, of the
      existence of any Lien on any Mortgage Loan immediately upon discovery thereof;
      and it will defend the right, title and interest of the Trust, as assignee
      of
      the Purchaser, in, to and under the Mortgage Loans, against all claims of third
      parties claiming through or under the Seller; provided,
      however,
      that
      nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller
      from suffering to exist upon any of the Mortgage Loans any Liens for municipal
      or other local taxes and other governmental charges if such taxes or
      governmental charges shall not at the time be due and payable or if the Seller
      shall currently be contesting the validity thereof in good faith by appropriate
      proceedings and shall have set aside on its books adequate reserves with respect
      thereto.

     

    ARTICLE
      V.

     

    INDEMNIFICATION

     

    Section
      5.01. Indemnification. The
      Seller agrees to indemnify and to hold each of the Purchaser, the Trust, the
      Trustee, each of the officers and directors of each such entity and each person
      or entity who controls each such entity or person harmless against any and
      all
      claims, losses, penalties, fines, forfeitures, legal fees and related costs,
      judgments, and any other costs, fees and expenses that the Purchaser, the Trust,
      the Trustee, or any such person or entity may sustain in any way related to
      the
      failure of the Seller to perform its duties in compliance with the terms of
      this
      Agreement. The Seller shall immediately notify the Purchaser and the Trustee
      if
      a claim is made under this provision. The Seller shall assume the defense of
      any
      such claim and pay all expenses in connection therewith, including reasonable
      counsel fees, and promptly pay, discharge and satisfy any judgment or decree
      which may be entered against the Purchaser, the Trust, the Trustee or any such
      person or entity in respect of such claim.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    ARTICLE
      VI.

     

    TERMINATION

     

    Section
      6.01. Termination. 
      The
      respective obligations and responsibilities of the Seller and the Purchaser
      created hereby shall terminate, except for the respective indemnity obligations
      as provided herein, upon the termination of the Trust as provided in Article
      X
      of the Pooling and Servicing Agreement.

     

    ARTICLE
      VII.

     

    MISCELLANEOUS
      PROVISIONS

     

    Section
      7.01. Amendment. This
      Agreement may be amended from time to time by the Seller and the Purchaser
      by
      written agreement signed by the parties hereto.

     

    Section
      7.02. Governing
      Law. This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of New York, without reference to its conflict of law provisions (other
      than Section 5-1401 of the General Obligations Law), and the obligations, rights
      and remedies of the parties hereunder shall be determined in accordance with
      such laws.

     

    Section
      7.03. Notices. 
      All
      demands, notices and communications hereunder shall be in writing and shall
      be
      deemed to have been duly given if personally delivered at or mailed by
      registered mail, postage prepaid, addressed as follows:

     

    if
      to the
      Seller:

     

    Thornburg
      Mortgage Home Loans, Inc.

    150
      Washington Avenue, Suite 302

    Santa
      Fe,
      New Mexico 87501

    Attention:
      Deborah Burns

    

    or
      such
      other address as may hereafter be furnished to the Purchaser in writing by
      the
      Seller.

     

    if
      to the
      Purchaser:

     

    Credit
      Suisse First Boston Mortgage Securities Corp.

    11
      Madison Avenue

    New
      York,
      New York 10010

    Attention:
      Legal Department

     

    or
      such
      other address as may hereafter be furnished to the Seller in writing by the
      Purchaser.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    Section
      7.04. Severability
      of Provisions. 
      If any
      one or more of the covenants, agreements, provisions or terms of this Agreement
      shall be held invalid for any reason whatsoever, then such covenants,
      agreements, provisions or terms shall be deemed severable from the remaining
      covenants, agreements, provisions or terms of this Agreement and shall in no
      way
      affect the validity of enforceability of the other provisions of this
      Agreement.

     

    Section
      7.05. Counterparts. 
      This
      Agreement may be executed in one or more counterparts and by the different
      parties hereto on separate counterparts, which may be transmitted by telecopier
      each of which, when so executed, shall be deemed to be an original and such
      counterparts, together, shall constitute one and the same
      agreement.

     

    Section
      7.06. Further
      Agreements. 
      The
      parties hereto each agree to execute and deliver to the other such additional
      documents, instruments or agreements as may be necessary or reasonable and
      appropriate to effectuate the purposes of this Agreement or in connection with
      the issuance of the Certificates representing interests in the Trust Fund,
      including the Mortgage Loans.

     

    Without
      limiting the generality of the foregoing, as a further inducement for the
      Purchaser to purchase the Mortgage Loans from the Seller, the Seller will
      cooperate with the Purchaser in connection with the sale of the Certificates.
      In
      that connection, the Seller will provide to the Purchaser any and all
      information and appropriate verification of information, whether through letters
      of its auditors and counsel or otherwise, as the Purchaser shall reasonably
      request and will provide to the Purchaser such additional representations and
      warranties, covenants, opinions of counsel, letters from auditors, and
      certificates of public officials or officers of the Seller as are reasonably
      required in connection with the offering of the Certificates.

     

    Section
      7.07. Intention
      of the Parties. It
      is the
      intention of the parties that the Purchaser is purchasing, and the Seller is
      selling, the Mortgage Loans rather than pledging such Mortgage Loans to secure
      a
      loan by the Purchaser to the Seller. Accordingly, the parties hereto each intend
      to treat the transaction as a sale by the Seller, and a purchase by the
      Purchaser, of the Mortgage Loans. The Purchaser will have the right to review
      the Mortgage Loans and the related Mortgage Files to determine the
      characteristics of the Mortgage Loans which will affect the Federal income
      tax
      consequences of owning the Mortgage Loans and the Seller will cooperate with
      all
      reasonable requests made by the Purchaser in the course of such
      review.

     

    Section
      7.08. Successors
      and Assigns: Assignment of Purchase Agreement. 
      This
      Agreement shall bind and inure to the benefit of and be enforceable by the
      Seller, the Purchaser and the Trustee. The obligations of the Seller under
      this
      Agreement cannot be assigned or delegated to a third party without the consent
      of the Purchaser which consent shall be at the Purchaser’s sole discretion,
      except that the Purchaser acknowledges and agrees that the Seller may assign
      its
      obligations hereunder to any Person into which the Seller is merged or any
      corporation resulting from any merger, conversion or consolidation to which
      the
      Seller is a party or any Person succeeding to the business of the Seller. The
      parties hereto acknowledge that the Purchaser is acquiring the Mortgage Loans
      and the rights of the Seller under the Servicing Agreements for the purpose
      of
      selling them to the Trust that will issue the Certificates representing
      undivided interests in such Mortgage Loans. As an inducement to the Purchaser
      to
      purchase the Mortgage Loans, the Seller acknowledges and consents to the
      assignment by the Purchaser to the Trust of all of the Purchaser’s rights
      against the Seller pursuant to this Agreement insofar as such rights relate
      to
      Mortgage Loans transferred to the Trust and to the enforcement or exercise
      of
      any right or remedy against the Seller pursuant to this Agreement by the
      Trustee. Such enforcement of a right or remedy by the Trustee shall have the
      same force and effect as if the right or remedy had been enforced or exercised
      by the Purchaser directly.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    Section
      7.09. Survival. 
      The
      representations and warranties set forth in Sections 3.01 and 3.02 and the
      provisions of Article V hereof shall survive the purchase of the Mortgage Loans
      hereunder.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the Seller and the Purchaser have caused their names to be
      signed to this Mortgage Loan Purchase Agreement by their respective officers
      thereunto duly authorized as of the day and year first above
      written.

     

     

    
      
        	
                CREDIT
                  SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP., as Purchaser

                 

                By:
                  /s/ Kevin
                  Steele                                    
                    

                Name:
                  Kevin Steele 

                Title:
                  Vice President 

                 

                 

                THORNBURG
                  MORTGAGE HOME LOANS, INC.,

                as
                  Seller

                 

                By:
                  /s/ Deborah J.
                  Burns                            

                Name:
                  Deborah J. Burns

                Title:
                  Senior Vice President

              

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    

    
      	
              STATE
                OF NEW YORK

            	
              )

            
	 	
              )ss.:

            
	
              COUNTY
                OF 

            	
              )

            

    

    

     

    On
      the
      ___ day of November, 2006 before me, a Notary Public in and for said State,
      personally appeared _________________, known to me to be a
      ________________________ of CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES
      CORP., 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.

     

    _______________________

    Notary
      Public

     

    My
      Commission Expires on _______________

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    

    
      	
              STATE
                OF NEW MEXICO

            	
              )

            
	 	
              )ss.:

            
	
              COUNTY
                OF SANTE FE

            	
              )

            

    

    

     

    On
      the
      ____ day of November, 2006 before me, a notary public in and for said State,
      personally appeared Deborah J. Burns, known to me to be a Senior Vice President
      of THORNBURG MORTGAGE HOME LOANS, INC., a Delaware 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.

     

    _______________________

    Notary
      Public

    

    My
      Commission Expires ______________________

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      I

     

    MORTGAGE
      LOAN SCHEDULE 

     

    [See
      Schedule I of Pooling and Servicing Agreement]

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      II

     

    LIST
      OF
      SERVICING AGREEMENTS

     

    
      	1.	
              (a)
                Servicing Agreement, dated as of March 1, 2002, among Thornburg Mortgage
                Home Loans, Inc. (“Thornburg”), as seller and servicer and Wells Fargo
                Bank N.A. (“Wells Fargo”), as master servicer, as amended by the Amendment
                to Servicing Agreement, dated as of December 1, 2002, and as amended
                by
                the Second Amendment to Servicing Agreement, dated as of January
                1, 2006,
                and (b) the Subservicing Acknowledgement Agreement, dated as of March
                1,
                2002, between Thornburg, as servicer, and Cenlar FSB, as sub-servicer
                (“Cenlar”), as amended by the Amendment to Subservicing Acknowledgement
                Agreement, dated as of December 1, 2002, and by the Second Amendment
                to
                Subservicing Acknowledgement Agreement, dated as of January 1, 2006,
                including the related Transfer Notice, dated November 22, 2006, from
                Thornburg, as seller, to Thornburg, as servicer, and Cenlar, as
                sub-servicer.

            

    

     

    
      	2.	
              Amended
                and Restated Correspondent Loan Purchase Agreement, dated as of March
                25,
                2002, between Thornburg and First Republic Bank (“First Republic”),
                including the related Transfer Notice, dated November 22, 2006, from
                Thornburg to First Republic.

            

    

     

    
      	3.	
              Amended
                and Restated Correspondent Loan Purchase Agreement, dated as of March
                27,
                2002, between Thornburg and Colonial Savings, F.A. (“Colonial”), including
                the related Transfer Notice, dated November 22, 2006, from Thornburg
                to
                Colonial.

            

    

     

    
      	4.	
              Correspondent
                Loan Purchase Agreement, dated as of January 31, 2006, between Thornburg
                and Mellon Trust of New England, N.A. (“Mellon”), including the related
                Transfer Notice, dated November 22, 2006, from Thornburg to
                Mellon.

            

    

     

    
      	5.	
              Reconstituted
                Servicing Agreement, dated as of November 1, 2006, by and among Thornburg,
                Countrywide Home Loans Servicing LP (“Countrywide”), as servicer, LaSalle
                Bank National Association, as trustee, and acknowledged by Wells
                Fargo, as
                master servicer, relating
                to the Mortgage Loan Purchase and Servicing Agreement dated as of
                September 1, 2005 as amended by the Amendment Number Two dated as
                of June
                19, 2006 by and between Thornburg and Countrywide and by the Amendment
                Reg
                AB dated as of July 1, 2006 by and between Thornburg and
                Countrywide.

            

    

     

    
      	6.	
              Correspondent
                Loan Purchase Agreement, dated as of April 6, 2006, between Thornburg
                and
                First Horizon Home Loan Corp. (“First Horizon”), including the related
                Transfer Notice, dated November 22, 2006, from Thornburg to First
                Horizon.

            

    

     

    
      	7.	
              Reconstituted
                Servicing Agreement dated as of November 1, 2006, by and among Thornburg,
                Morgan Stanley Credit Corporation (“Morgan Stanley”), as servicer,
                Thornburg Mortgage Securities Trust 2006-6, and acknowledged by Wells
                Fargo, as master servicer, relating to the Master Servicing Agreement
                between Thornburg and Morgan Stanley, as servicer, dated as of May
                1,
                2001, as amended by that certain Amendment to Master Servicing Agreement
                dated as of January 1, 2003, by and between Thornburg and Morgan
                Stanley,
                and by the Amendment Reg AB dated as of November 1, 2006 between
                Thornburg
                and Morgan Stanley.

            

    

     

    

    
      
        
        

      

      
        II-1

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      III

     

    SELLER’S
      REPRESENTATIONS AND 

    WARRANTIES
      RELATING TO

    MORTGAGE
      LOANS

     

    The
      Seller hereby represents and warrants to, and covenants with, the Purchaser
      that, as to each Mortgage Loan, as of the Closing Date:

     

    
      	
              (i)

            	
              (a)
                The information set forth in the Mortgage Loan Schedule is complete,
                true
                and correct in all material respects and (b) the Mortgage Note or
                an
                affidavit of lost Mortgage Note with respect to each Mortgage Loan
                has
                been delivered to the Trustee or its
                designee.

            

    

     

    
      	
              (ii)

            	
              As
                of the Cut-off Date, approximately 99.99% of the Mortgage Loans (by
                Stated
                Principal Balance) were less than 30 days delinquent in payment and
                approximately 0.01% of the Mortgage Loans (by Stated Principal Balance)
                were at least 30 days but less than 60 days delinquent in payment.
                Since
                their date of origination, approximately 1.01% of the Mortgage Loans
                have
                been delinquent, but such delinquencies did not exceed 60
                days.

            

    

     

    
      	
              (iii)

            	
              To
                the best of the Seller’s knowledge, there are no delinquent taxes, ground
                rents, water charges, sewer rents, assessments, insurance premiums,
                leasehold payments, including assessments payable in future installments
                or other outstanding charges affecting the related Mortgaged Property
                or
                escrow funds have been established in an amount sufficient to pay
                for
                every such escrowed item which remains
                unpaid.

            

    

     

    
      	
              (iv)

            	
              The
                terms of the Mortgage Note and the Mortgage (including with respect
                to
                provisions relating to any Additional Collateral (if applicable))
                have not
                been impaired, waived, altered or modified in any respect, except
                by
                written instruments which have been recorded, if necessary to protect
                the
                interests of the Trust, and which are included in the Mortgage File,
                the
                substance of which waiver, alteration or modification has been approved
                by
                the primary mortgage guaranty insurer, if any, and by the title insurer,
                in each instance to the extent required by the related policy and
                is
                reflected on the Mortgage Loan Schedule. Except for any modification
                agreement or similar document contained in the Mortgage File permitting
                a
                borrower to modify his loan, no instrument of waiver, alteration
                or
                modification has been executed, and no Mortgagor has been released,
                in
                whole or in part, except in connection with an assumption agreement
                approved by the primary mortgage insurer, if any, and title insurer,
                in
                each instance to the extent required by the policy, and which assumption
                agreement is part of the Mortgage
                File.

            

    

     

    
      	
              (v)

            	
              The
                Mortgage Note and the Mortgage (including with respect to provisions
                relating to any Additional Collateral (if applicable)) are not subject
                to
                any right of rescission, set-off, counterclaim or defense, including
                the
                defense of usury, nor will the operation of any of the terms of the
                Mortgage Note and Mortgage, or the exercise of any right thereunder,
                render the Mortgage unenforceable, in whole or in part, or subject
                to any
                right of rescission, set-off, counterclaim or defense, including
                the
                defense of usury, and to the Seller’s knowledge no such right of
                rescission, set-off, counterclaim or defense has been asserted with
                respect thereto.

            

    

     

    
      
        
        

      

      
        III-1

        
          

        

      

      
        
        

      

    

     

    
      	
              (vi)

            	
              All
                buildings upon the Mortgaged Property are insured by a generally
                acceptable insurer against loss by fire, hazards of extended coverage
                and
                such other hazards as are customary in the area where the Mortgaged
                Property is located. All such insurance policies contain a standard
                mortgagee clause naming the Master Servicer or the applicable Servicer,
                their successors and assigns as mortgagee and to the Seller’s knowledge
                all premiums thereon have been paid. If upon origination of the Mortgage
                Loan, the Mortgaged Property was in an area identified in the Federal
                Register by the Federal Emergency Management Agency as having special
                flood hazards (and such flood insurance has been made available)
                a flood
                insurance policy meeting the requirements of the current guidelines
                of the
                Federal Insurance Administration is in effect. The Mortgage obligates
                the
                Mortgagor thereunder to maintain all such insurance at Mortgagor’s cost
                and expense, and on the Mortgagor’s failure to do so, authorizes the
                holder of the Mortgage to maintain such insurance at Mortgagor’s cost and
                expense and to seek reimbursement therefor from the
                Mortgagor.

            

    

     

    
      	
              (vii)

            	
              The
                Mortgage Loan is not a loan (A) subject to 12 CFR Part 226.31, 12
                CFR Part
                226.32 or 12 CFR Part 226.34 of Regulation Z, the regulation implementing
                TILA, which implements the Home Ownership and Equity Protection Act
                of
                1994, as amended, or any comparable state law (B) a “High Cost Loan” or
                “Covered Loan” as applicable, as such terms are defined in the current
                Standard & Poor’s LEVELS® GLOSSARY classified and/or defined as a
                “high cost” loan or “predatory,” “high cost,” “threshold” or “covered”
                lending under any other state, federal or local law. No Mortgage
                Loan
                originated on or after October 1, 2002 through March 6, 2003 is governed
                by the Georgia Fair Lending Act. The Mortgage Loan at the time it
                was made
                otherwise complied in all material respects with any and all requirements
                of any federal, state or local law including, but not limited to,
                all
                predatory lending laws, usury, truth in lending, real estate settlement
                procedures (including the Real Estate Settlement Procedures Act of
                1974,
                as amended), consumer credit protection, equal credit opportunity
                or
                disclosure laws applicable to such Mortgage
                Loan.

            

    

     

    
      	
              (viii)

            	
              The
                Mortgage has not been satisfied, canceled or subordinated, or rescinded,
                in whole or in part, and the Mortgaged Property has not been released
                from
                the lien of the Mortgage except for a release that does not materially
                impair the security of the Mortgage Loan or is reflected in the
                loan-to-value ratio, in whole or in part, nor has any instrument
                been
                executed that would effect any such release, cancellation, subordination
                or rescission unless payoff funds have been deposited in the custodial
                account.

            

    

     

    
      
        
        

      

      
        III-2

        
          

        

      

      
        
        

      

    

     

    
      	
              (ix)

            	
              The
                Mortgage is a valid, existing and enforceable first lien on the Mortgaged
                Property, including all improvements on the Mortgaged Property subject
                only to (A) the lien of current real property taxes and assessments
                not
                yet due and payable, (B) covenants, conditions and restrictions,
                rights of
                way, easements and other matters of the public record as of the date
                of
                recording being acceptable to mortgage lending institutions generally
                and
                either (a) specifically referred to in a lender’s title insurance policy
                delivered to the originator of the Mortgage Loan or (b) which do
                not
                adversely affect the Appraised Value of the Mortgaged Property, and
                (C)
                other matters to which like properties are commonly subject which
                do not
                materially interfere with the benefits of the security intended to
                be
                provided by the Mortgage or the use, enjoyment, value or marketability
                of
                the related Mortgaged Property; and, further provided, with respect
                to
                Cooperative Loans, the lien of the related cooperative corporation
                for
                unpaid assessments representing the obligor’s pro rata share of the
                cooperative corporation’s payments for its blanket mortgage, current and
                future real property taxes, insurance premiums, maintenance fees
                and other
                assessments to which like collateral is commonly subject. Any security
                agreement, chattel mortgage or equivalent document related to and
                delivered in connection with the Mortgage establishes and creates
                a valid,
                existing and enforceable first lien and first priority security interest
                on the property described therein and the Seller has full right to
                sell
                and assign the same to the
                Purchaser.

            

    

     

    
      	
              (x)

            	
              The
                Mortgage Note and the related Mortgage are genuine and each is the
                legal,
                valid and binding obligation of the maker thereof, enforceable in
                accordance with its terms, except as the enforceability thereof may
                be
                limited by bankruptcy, insolvency, or reorganization or other laws
                relating to the rights of creditors and general principles of
                equity.

            

    

     

    
      	
              (xi)

            	
              All
                parties to the Mortgage Note and the Mortgage had legal capacity
                to enter
                into the Mortgage Loan and to execute and deliver the Mortgage Note
                and
                the Mortgage, and the Mortgage Note and the Mortgage have been duly
                and
                properly executed by such parties.

            

    

     

    
      	
              (xii)

            	
              The
                proceeds of the Mortgage Loan have been fully disbursed, there is
                no
                requirement for future advances thereunder and any and all requirements
                as
                to completion of any on-site or off-site improvements and as to
                disbursements of any escrow funds therefor have been complied with
                (except
                for escrow funds for exterior items which could not be completed
                due to
                weather and escrow funds for the completion of swimming pools); and
                all
                costs, fees and expenses incurred in making, closing or recording
                the
                Mortgage Loan have been paid, except recording fees with respect
                to
                Mortgages not recorded as of the Closing
                Date.

            

    

     

    
      	
              (xiii)

            	
              The
                Seller has acquired its ownership of each Mortgage Loan in good faith
                without notice of any adverse claim, and as of the Closing Date,
                the
                Mortgage Note and the Mortgage are not assigned or pledged, and
                immediately prior to the sale of the Mortgage Loan to the Purchaser,
                the
                Seller was the sole owner thereof and with full right to transfer
                and sell
                the Mortgage Loan to the Purchaser free and clear of any encumbrance,
                equity, lien, pledge, charge, claim or security interest and with
                full
                right and authority subject to no interest or participation of, or
                agreement with, any other party, to sell and assign each Mortgage
                Loan
                pursuant to this Agreement.

            

    

     

    
      
        
        

      

      
        III-3

        
          

        

      

      
        
        

      

    

     

    
      	
              (xiv)

            	
              To
                the Seller’s best knowledge, the Seller or, if the Mortgage Loan was not
                originated by the Seller, the originator is or was (or, during the
                period
                in which they held and disposed of such interest, were) (A) in compliance
                with any and all applicable licensing requirements of the laws of
                the
                state wherein the Mortgaged Property is located, and (B) either (i)
                organized under the laws of such state, or (ii) qualified to do business
                in such state, or (iii) a federal savings and loan association or
                national
                bank or subsidiary having preemptive authority under federal law
                or under
                applicable state law to engage in business in such state without
                qualification, or (iv) not doing business in such
                state.

            

    

     

    
      	
              (xv)

            	
              The
                Mortgage Loan is covered by an ALTA lender’s title insurance policy or
                other form acceptable to Fannie Mae or Freddie Mac, issued by a title
                insurer acceptable to Fannie Mae or Freddie Mac and qualified to
                do
                business in the jurisdiction where the Mortgaged Property is located,
                insuring (subject to the exceptions contained in (ix)(A) through
                (C)
                above) the originator or the Seller, their respective successors
                and
                assigns as to the first priority lien of the Mortgage in the original
                principal balance of the Mortgage Loan. The Seller is the sole insured
                of
                such lender’s title insurance policy, and such lender’s title insurance
                policy is in full force and effect and will be in full force and
                effect
                upon the consummation of the transactions contemplated by this Agreement.
                No claims have been made under such lender’s title insurance policy, and
                no prior holder of the related Mortgage, including the Seller, has
                done,
                by act or omission, anything which would impair the coverage of such
                lender’s title insurance policy.

            

    

     

    
      	
              (xvi)

            	
              Except
                as set forth in (ii) above, there is no default, breach, violation
                or
                event of acceleration existing under the Mortgage or the Mortgage
                Note and
                no event which, with the passage of time or with notice and the expiration
                of any grace or cure period, would constitute a default, breach,
                violation
                or event of acceleration, and the Seller has not waived any default,
                breach, violation or event of
                acceleration.

            

    

     

    
      	
              (xvii)

            	
              To
                the best of the Seller’s knowledge, there are no mechanics’ or similar
                liens or claims which have been filed for work, labor or material
                (and no
                rights are outstanding that under law could give rise to such lien)
                affecting the related Mortgaged Property which are or may be liens
                prior
                to, or equal or on parity with, the lien of the related
                Mortgage.

            

    

     

    
      	
              (xviii)

            	
              To
                the Seller’s best knowledge, all improvements which were considered in
                determining the Appraised Value of the related Mortgaged Property
                lay
                wholly within the boundaries and building restriction lines of the
                Mortgaged Property, and no improvements on adjoining properties encroach
                upon the Mortgaged Property.

            

    

     

    
      
        
        

      

      
        III-4

        
          

        

      

      
        
        

      

    

     

    
      	
              (xix)

            	
              The
                Mortgage Loan was originated by the Seller or a subsidiary of the
                Seller
                or was purchased by the Seller from a third party and the originator
                of
                each Mortgage Loan, was, at the time of origination, (A) (1) a Fannie
                Mae-approved or Freddie Mac-approved seller/servicer and (2) a U.S.
                Department of Housing and Urban Development approved mortgage banker,
                or a
                savings and loan association, a savings bank, a commercial bank or
                similar
                banking institution which is supervised and examined by a federal
                or state
                authority or (B) closed in the name of a loan broker under the
                circumstances described in the following sentence. If such Mortgage
                Loan
                was originated through a loan broker, the related originator qualifies
                under clause (A) above, such Mortgage Loan met such originator’s
                underwriting criteria at the time of origination and was originated
                in
                accordance with such originator’s polices and procedures and such
                originator acquired such Mortgage Loan from the loan broker
                contemporaneously with the origination thereof. Each Mortgage Note
                has a
                Loan Rate that adjusts periodically (not always in correlation to
                the
                index calculation term), based on the 1-Month LIBOR, 6-Month LIBOR,
                1-Year
                LIBOR or 1-Year CMT index, (as each is defined in the Pooling and
                Servicing Agreement), except that some Mortgage Loans first adjust
                after
                an initial period of six months or one, three, five, seven or ten
                years
                following origination.

            

    

     

    
      	
              (xx)

            	
              The
                origination practices used by the Seller or the originator of the
                Mortgage
                Loan and the collection practices used by the Master Servicer or
                the
                applicable Servicer with respect to each Mortgage Note and Mortgage
                have
                been in all respects legal, proper, prudent and customary in the
                mortgage
                origination and servicing business. With respect to escrow deposits
                and
                escrow payments, if any, all such payments are in the possession
                of, or
                under the control of, the applicable Servicer and there exist no
                deficiencies in connection therewith for which customary arrangements
                for
                repayment thereof have not been made.

            

    

     

    
      	
              (xxi)

            	
              The
                Mortgaged Property is undamaged by waste, fire, earthquake or earth
                movement, windstorm, flood, tornado or other casualty, so as to have
                a
                material adverse effect on the value of the related Mortgaged Property
                as
                security for the related Mortgage Loan or the use for which the premises
                were intended and there is no proceeding pending for the total or
                partial
                condemnation thereof.

            

    

     

    
      	
              (xxii)

            	
              The
                Mortgage contains customary and enforceable provisions such as to
                render
                the rights and remedies of the holder thereof adequate for the realization
                against the Mortgaged Property of the benefits of the security provided
                thereby, including, (A) in the case of a Mortgage designated as a
                deed of
                trust, by trustee’s sale, and (B) otherwise by judicial foreclosure. There
                is no other exemption available to the Mortgagor which would interfere
                with the right to sell the Mortgaged Property at a trustee’s sale or the
                right to foreclose the Mortgage. 

            

    

     

    
      	
              (xxiii)

            	
              The
                Mortgage Loan was underwritten generally in accordance with either
                (A) the
                Seller’s underwriting standards described in the Preliminary Prospectus
                Supplement and the Final Prospectus Supplement, (B) in the case of
                a
                Mortgage Loan originated by First Republic Bank, the underwriting
                standards of First Republic Bank, or (C) in the case of Mortgage
                Loans
                acquired from a bulk seller, the underwriting standards of such bulk
                seller or a third party originator’s underwriting
                guidelines.

            

    

     

    
      
        
        

      

      
        III-5

        
          

        

      

      
        
        

      

    

     

    
      	
              (xxiv)

            	
              The
                mortgage file in possession of the related Servicer contains an appraisal
                of the related Mortgaged Property by an appraiser, duly appointed
                by the
                originator of the Mortgage Loan, who had no interest, direct or indirect
                in the Mortgaged Property or in any loan made on the security thereof,
                and
                whose compensation is not affected by the approval or disapproval
                of the
                Mortgage Loan or, in accordance with certain specified programs of
                the
                originator of the Mortgage Loan an approved AVM in lieu of the
                appraisal.

            

    

     

    
      	
              (xxv)

            	
              In
                the event the Mortgage constitutes a deed of trust, a trustee, duly
                qualified under applicable law to serve as such, has been properly
                designated and currently so serves and is named in the Mortgage,
                and no
                fees or expenses are or will become payable by the Depositor to the
                trustee under the deed of trust, except, in connection with a trustee’s
                sale after default by the
                Mortgagor.

            

    

     

    
      	
              (xxvi)

            	
              No
                Mortgage Loan (A) contains provisions pursuant to which Monthly Payments
                are paid or partially paid with funds deposited in any separate account
                established by the Seller, the Mortgagor, or anyone on behalf of
                the
                Mortgagor or paid by any source other than the Mortgagor or (B) contains
                any provision permitting a temporary “buydown” of the related Loan Rate.
                No Mortgage Loan was a graduated payment mortgage loan as of the
                date of
                its origination. No Mortgage Loan has a shared appreciation or other
                contingent interest feature.

            

    

     

    
      	
              (xxvii)

            	
              No
                Mortgage Loan had a Loan-To-Value Ratio in excess of 100%. Other
                than 2
                Mortgage Loans (representing approximately 0.09% of the Mortgage
                Loans),
                the portion of the unpaid principal balance of each such Mortgage
                Loan
                which is in excess of 80% of the original Loan-to-Value Ratio either
                (a)
                has Additional Collateral or (b) is and will be insured as to payment
                defaults under a Primary Mortgage Insurance Policy issued by a primary
                mortgage insurer licensed to do business in the state in which the
                Mortgaged Property is located and acceptable to Fannie Mae or Freddie
                Mac
                as of the Closing Date, so as to reduce the Mortgagee’s exposure in
                accordance with the standards of Fannie Mae or Freddie Mac and applicable
                law. All provisions of such Primary Mortgage Insurance Policy have
                been
                and are being complied with; such policy is valid and in full force
                and
                effect and all premiums due thereunder have been paid.
                

            

    

     

    
      	
              (xxviii)

            	
              Except
                for any Additional Collateral Mortgage Loans, the Mortgage Note is
                not and
                has not been secured by any collateral, pledged account, or other
                security
                except the lien of the Mortgage, and the security interest of any
                applicable security agreement or chattel mortgage referred to
                above.

            

    

     

    
      	
              (xxix)

            	
              To
                the best of Seller’s knowledge, the Mortgaged Property is lawfully
                occupied under applicable law. To the best of Seller’s knowledge, all
                inspections, licenses and certificates required to be made or issued
                with
                respect to all occupied portions of the related Mortgaged Property
                and,
                with respect to the use and occupancy of the same, including but
                not
                limited to certificates of occupancy, had been made or obtained from
                the
                appropriate authorities.

            

    

     

    
      
        
        

      

      
        III-6

        
          

        

      

      
        
        

      

    

     

    
      	
              (xxx)

            	
              Each
                Assignment is in recordable form, is acceptable for recording under
                the
                laws of the jurisdiction in which the Mortgaged Property is
                located.

            

    

     

    
      	
              (xxxi)

            	
              If
                the Mortgaged Property is a condominium unit or a planned unit development
                (other than a de minimis planned unit development) such condominium
                or
                planned unit development project meets Fannie Mae or Freddie Mac
                or the
                originator’s eligibility
                requirements.

            

    

     

    
      	
              (xxxii)

            	
              Each
                Mortgage is a “qualified mortgage” for purposes of the REMIC
                Provisions.

            

    

     

    
      	
              (xxxiii)

            	
              To
                the Seller’s best knowledge, no fraud was committed by the originator of
                the Mortgage Loan and the Seller is not aware of any fact that would
                reasonably lead the Seller to believe that any Mortgagor had committed
                fraud in connection with the origination of such Mortgage
                Loan.

            

    

     

    
      	
              (xxxiv)

            	
              The
                Mortgagor has not notified the Seller, and the Seller has no knowledge
                of
                any relief requested by the Mortgagor under the Servicemembers Civil
                Relief Act.

            

    

     

    
      	
              (xxxv)

            	
              As
                to any Additional Collateral Mortgage Loan, such Mortgage Loan is
                secured
                by a perfected first priority security interest in the related Additional
                Collateral.

            

    

     

    
      	
              (xxxvi)

            	
              As
                to any Additional Collateral Mortgage Loan, the applicable pledge
                agreement is in place, is genuine and is the legal, valid and binding
                obligation of the maker thereof, enforceable in accordance with its
                terms
                subject to bankruptcy, insolvency and other laws of general application
                affecting the rights of creditors and general principles of
                equity.

            

    

     

    
      	
              (xxxvii)

            	
              With
                respect to each Cooperative Loan (i) there is no provision in the
                related
                proprietary lease which requires the related Mortgagor to offer for
                sale
                the shares owned by such Mortgagor first to the Cooperative Corporation
                for a price less than the outstanding amount of the Cooperative Loan,
                (ii)
                there is no prohibition in the related proprietary lease against
                pledging
                such shares or assigning the proprietary lease that has been violated
                in
                connection with the origination of the Cooperative
                Loan.

            

    

     

    
      	
              (xxxviii)

            	
              With
                respect to each Cooperative Loan, as of the closing such Cooperative
                Loan
                is secured by shares held by a “tenant-stockholder” of a corporation that
                qualifies as a “cooperative housing corporation” as such terms are defined
                in Section 216(b)(1) of the Code.

            

    

     

    
      	
              (xxxix)

            	
              With
                respect to each Cooperative Loan, the related Mortgage and related
                UCC
                financing statement creates a first-priority security interest in
                the
                stock in the Cooperative Corporation and the related proprietary
                lease of
                the related Cooperative Unit which were pledged to secure such Cooperative
                Loan, and the Cooperative Corporation owns the Cooperative Corporation
                as
                an estate in fee simple in real property or pursuant to a leasehold
                acceptable to Fannie Mae.

            

    

     

     

    
      
        
        

      

      
        III-7Unassociated Document

    June
      [  ], 2006

    

    

    Shine
      Media Acquisition Corp.

    Rockefeller
      Center

    1230
      Avenue of the Americas, 7th
      Floor

    New
      York,
      New York 10020

     

    Merriman
      Curhan Ford & Co.

    600
      California Street, 9th
      Floor

    San
      Francisco, CA 94108

    

    
      	 	 	
              Re:

            	
              Initial
                Public Offering

            

    

    

    Gentlemen:

    

    The
      undersigned stockholder, officer and director of Shine Media Acquisition Corp.
      (“Company”), in consideration of Merriman Curhan Ford & Co. (“Merriman”)
      entering into a letter of intent (“Letter of Intent”) to underwrite an initial
      public offering of the securities of the Company (“IPO”) and embarking on the
      IPO process, hereby agrees as follows (certain capitalized terms used herein
      are
      defined in paragraph 11 hereof):

    

    1. If
      the
      Company solicits approval of its stockholders of a Business Combination, the
      undersigned will vote all Insider Shares owned by him and all shares of Common
      Stock of the Company acquired by him in the IPO or aftermarket in accordance
      with the majority of the votes cast by the holders of the IPO Shares.

    

    2. In
      the
      event that the Company fails to consummate a Business Combination within 18
      months from the effective date (“Effective Date”) of the registration statement
      relating to the IPO or 24 months under the circumstances described in the
      prospectus relating to the IPO (such later date being referred to herein as
      the
“Termination Date”), the undersigned shall (i) take all such action reasonably
      within its power as is necessary to (a) dissolve the Company and liquidate
      the
      Trust Fund to holders of IPO Shares as soon as reasonably practicable, and
      after
      approval of the Company’s stockholders and subject to the requirements of the
      Delaware General Corporation Law (the “GCL”), including voting for the adoption
      of a resolution by the board of directors, prior to such Termination Date,
      pursuant to Section 275(a) of the GCL, which shall deem the dissolution of
      the
      Company advisable and (b) cause to be prepared such notices as are required
      by
      said Section 275(a) of the GCL as promptly thereafter as possible, and (ii)
      vote
      his shares in favor of any plan of dissolution and distribution recommended
      by
      the Company’s board of directors. If the Company does not consummate a Business
      Combination by the Termination Date, the undersigned hereby agrees, with respect
      to any plan of dissolution and distribution, to take all such action reasonably
      within its power to (x) cause the board of directors to convene, adopt a plan
      of
      dissolution and distribution, which the undersigned will vote to recommend
      to
      stockholders, and (y) on such date cause the Company to prepare and file a
      proxy
      statement with the Securities and Exchange Commission (the “SEC”) setting out
      the plan of dissolution and distribution. If the Company seeks approval from
      its
      stockholders to consummate a Business Combination within 90 days of the
      expiration of 24 months from the Effective Date, the undersigned agrees to
      take
      all such action reasonably within its power to ensure that the proxy statement
      related to such Business Combination will also seek stockholder approval for
      the
      plan of dissolution and distribution in the event the stockholders do not
      approve the Business Combination. If no proxy statement seeking the approval
      of
      the stockholders for a Business Combination has been filed within 30 days prior
      to the date which is 24 months from the date of the IPO, the undersigned agrees,
      prior to such date to take all such action reasonably within its power as is
      necessary to convene and adopt a plan of dissolution and distribution and on
      such date file a proxy statement with the SEC seeking stockholder approval
      for
      such plan. The undersigned hereby waives any and all right, title, interest
      or
      claim of any kind in or to any distribution of the Trust Fund (as defined in
      the
      Letter of Intent) and any remaining net assets of the Company as a result of
      such liquidation with respect to its Insider Shares (“Claim”) and will not seek
      recourse against the Trust Fund for any reason whatsoever. In the event of
      the
      liquidation of the Trust Fund, the undersigned agrees to indemnify and hold
      harmless the Company jointly and severally with Hock S. Ong, against any and
      all
      loss, liability, claims, damage and expense whatsoever (including, but not
      limited to, any and all legal or other expenses reasonably incurred in
      investigating, preparing or defending against any litigation, whether pending
      or
      threatened, or any claim whatsoever) which the Company may become subject as
      a
      result of any claim by any third party if such third party did not execute
      a waiver of claims against the Trust Fund, but only to the extent necessary
      to ensure that such loss, liability, claim, damage or expense does not reduce
      the amount in the Trust Fund. The foregoing section is not for the benefit
      of
      any third party beneficiaries of the Company and does not create any
      contract right in favor of any person other than the Company.

    
      
        
        

      

      
        
        

        
          

        

      

       

    

    

    3. In
      order
      to minimize potential conflicts of interest which may arise from multiple
      affiliations, the undersigned agrees to present to the Company for its
      consideration, prior to presentation to any other person or entity, any suitable
      opportunity to acquire an operating business, until the earlier of the
      consummation by the Company of a Business Combination, the liquidation of the
      Company or until such time as the undersigned ceases to be an officer or
      director of the Company, subject to any pre-existing fiduciary and contractual
      obligations the undersigned might have.

    
      
        
        

      

      
        
        

        
          

        

      

       

    

    

    4. The
      undersigned acknowledges and agrees that the Company will not consummate any
      Business Combination which involves a company which is affiliated with any
      of
      the Insiders unless
      the Company obtains an opinion from an independent investment banking firm
      that
      the Business Combination is fair to the Company’s stockholders from a financial
      perspective.

     

    5. Prior
      to
      a Business Combination, neither the undersigned, any member of the family of
      the
      undersigned, nor any affiliate (“Affiliate”) of the undersigned will be entitled
      to receive and will not accept any compensation for services rendered to the
      Company. Notwithstanding the foregoing to the contrary, the undersigned shall
      be
      entitled to reimbursement from the Company for its out-of-pocket expenses
      incurred in connection with seeking and consummating a Business Combination
      and
      commencing on the Effective Date, Enjoy Media (Hong Kong) Limited, an affiliate
      of the Company’s chief executive officer (“Related Party”), shall be allowed to
      charge the Company $10,000 per month to compensate it for the Company’s use of
      the Related Party’s office space and certain technology and administrative and
      secretarial services. 

     

    6. Neither
      the undersigned, any member of the family of the undersigned, nor any Affiliate
      of the undersigned will be entitled to receive or accept a finder’s fee or any
      other compensation in the event the undersigned, any member of the family of
      the
      undersigned or any Affiliate of the undersigned originates a Business
      Combination. 

    

    7. The
      undersigned will escrow its Insider Shares for the three year period commencing
      on the Effective Date subject to the terms of a Stock Escrow Agreement which
      the
      Company will enter into with the undersigned and an escrow agent acceptable
      to
      the Company.

    

    8. The
      undersigned agrees to be Chief Executive Officer and President of the Company
      and a member of the Company’s board of directors until the earlier of the
      consummation by the Company of a Business Combination or the liquidation of
      the
      Company provided, however that the undersigned is not obligated to contribute
      a
      minimum number of hours per week to the Company's business or operations. The
      undersigned’s biographical information furnished to the Company and Merriman and
      attached hereto as Exhibit A is true and accurate in all respects, does not
      omit
      any material information with respect to the undersigned’s background and
      contains all of the information required to be disclosed pursuant to Item 401
      of
      Regulation S-K, promulgated under the Securities Act of 1933. The undersigned’s
      Questionnaire furnished to the Company and Merriman and annexed as
      Exhibit B hereto is true and accurate in all respects. The undersigned
      represents and warrants that:

    
      
        
        

      

      
        
        

        
          

        

      

       

    

    

    (a)  he
      is not
      subject to or a respondent in any legal action for, any injunction,
      cease-and-desist order or order or stipulation to desist or refrain from any
      act
      or practice relating to the offering of securities in any
      jurisdiction;

    

    (b)  he
      has
      never been convicted of or pleaded guilty to any crime (i) involving any fraud
      or (ii) relating to any financial transaction or handling of funds of another
      person, or (iii) pertaining to any dealings in any securities and he is not
      currently a defendant in any such criminal proceeding; and

    

    (c)  he
      has
      never been suspended or expelled from membership in any securities or
      commodities exchange or association or had a securities or commodities license
      or registration denied, suspended or revoked.

    

    9. The
      undersigned has full right and power, without violating any agreement by which
      he is bound, to enter into this letter agreement and to serve as Chief Executive
      Officer and President of the Company and a member of the Company’s board of
      directors.

    

    10. This
      letter agreement shall be governed by and construed and enforced in accordance
      with the laws of the State of New York, without giving effect to conflicts
      of
      law principles that would result in the application of the substantive laws
      of
      another jurisdiction. The undersigned hereby (i) agrees that any action,
      proceeding or claim against him arising out of or relating in any way to this
      letter agreement (a “Proceeding”) shall be brought and enforced in the courts of
      the State of New York of the United States of America for the Southern District
      of New York, and irrevocably submits to such jurisdiction, which jurisdiction
      shall be exclusive, (ii) waives any objection to such exclusive jurisdiction
      and
      that such courts represent an inconvenient forum and (iii) irrevocably agrees
      to
      appoint Loeb & Loeb LLP as agent for the service of process in the State of
      New York to receive, for the undersigned and on his behalf, service of process
      in any Proceeding. If for any reason such agent is unable to act as such, the
      undersigned will promptly notify the Company and Merriman and appoint a
      substitute agent acceptable to each of the Company and Merriman within 30 days
      and nothing in this letter will affect the right of either party to serve
      process in any other manner permitted by law.

    
      
        
        

      

      
        
        

        
          

        

      

       

    

    

    11. As
      used
      herein, (i) a “Business Combination” shall mean an acquisition by merger,
      capital stock exchange, asset or stock acquisition, reorganization or otherwise,
      of one or more operating businesses in the media and advertising industry in
      China selected by the Company; (ii) “Insiders” shall mean all officers,
      directors and stockholders of the Company immediately prior to the IPO; (iii)
      “Insider Shares” shall mean all of the shares of Common Stock of the Company
      owned by an Insider prior to the IPO and any shares of Common Stock
      issuable to the Insider upon exercise of options existing on the date hereof;
      (iv) “IPO Shares” shall mean the shares of Common Stock issued in the Company’s
      IPO; and (v) “Trust Fund” shall mean the trust account established by the
      Company at the consummation of its IPO and into which a certain amount of the
      net proceeds of the IPO is deposited.

     

    
      	 	 	 
	 	 	
              David
                Y. Chen 
                

              

              Print
                Name of Insider

            
	 	 
	 
 	 
 	 
 
	 	By:  	 
	 	
              
Name:
              David Y. Chen
	 	Title: Chief
              Executive Officer and President and
              Director

    

    

    
    

    
      
        
        

      

      
        
        

        
          

        

      

       

    

    EXHIBIT
      A

    

    [Insider
      biographical information]

    
      
        
        

      

      
        
        

        
          

        

      

       

    

    EXHIBIT
      B

    

    [Insider
      questionnaire]

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