Document:

SCHEDULE

      

      to
        the

      

      Master
        Agreement

      (Multicurrency-Cross
        Border)

      

      dated
        as
        of

      January
        25, 2007

      

      between

      

      SWISS
        RE FINANCIAL PRODUCTS CORPORATION,
        a
        corporation organized under the laws of the State of Delaware

      (“Party
        A”)

      

      and

      

      WELLS
        FARGO BANK, N.A., not individually but solely as trustee for Carrington Mortgage
        Loan Trust, Series 2007-RFC1 with respect to the Carrington Mortgage Loan
        Trust,
        Series 2007-RFC1 Asset-Backed Pass-Through Certificates

      (“Party
        B”)

      

      

      Part
        1

      Definitions

      

      Capitalized
        terms used herein and not otherwise defined shall have the meaning specified
        in
        that certain Pooling and Servicing Agreement, dated as of January 1, 2007
        (the
“Pooling and Servicing Agreement”), among Stanwich Asset Acceptance Company,
        L.L.C., as Depositor, Residential Funding Company, LLC, as Servicer, and
        Wells
        Fargo Bank, N.A., as Trustee (the “Trustee”). For the avoidance of doubt,
        references herein to a particular “Section” of this Agreement are references to
        the corresponding sections of the Master Agreement.

      

      Termination
        Provisions

      

       

      In
        this
        Agreement:-

      

      
        	
                (a)

              	
                “Specified
                  Entity”
                  means in relation to Party A for the purpose
                  of:-

              

      

      

      
        	 	
                Section
                  5(a)(v), 

              	
                Not
                  Applicable

              
	 	
                Section
                  5(a)(vi), 

              	
                Not
                  Applicable

              
	 	
                Section
                  5(a)(vii), 

              	
                Not
                  Applicable

              
	 	
                Section
                  5(b)(iv), 

              	
                Not
                  Applicable

              
	 	 	 

      

       

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      
        	 	
                in
                  relation to Party B for the purpose of:-

              	 
	 	 	 
	 	
                Section
                  5(a)(v), 

              	
                Not
                  Applicable

              
	 	
                Section
                  5(a)(vi), 

              	
                Not
                  Applicable

              
	 	
                Section
                  5(a)(vii), 

              	
                Not
                  Applicable

              
	 	
                Section
                  5(b)(iv), 

              	
                Not
                  Applicable

              
	 	 	 

      

        

      
        
          	
                  (b)

                	
                  “Specified
                    Transaction”
                    is not applicable to Party A or Party B for any
                    purpose.

                

        

        

        
          	
                  (c)

                	
                  The
                    Events
                    of Default
                    specified under Sections 5(a)(ii), 5(a)(iii), 5(a)(iv); and 5(a)(vi)
                    of
                    the Agreement will not apply to Party B; provided that Section
                    5(a)(iii)
                    shall apply to Party B to the extent that Party B fails to return
                    a Return
                    Amount under the Credit Support Annex. With respect to Party
                    A and Party
                    B, the provisions of Section 5(a)(v) will not
                    apply.

                

        

        

        
          	
                  (d)

                	
                  Section
                    5(a)(vi) “Cross Default” applies to Party
                    A.

                

        

        

        “Specified
          Indebtedness”
will
          have the meaning specified in Section 14, except that such term will not
          include
          insurance contracts entered into in the ordinary course of Party A’s Credit
          Support Provider’s insurance business.

        

        “Threshold
          Amount”
          means
an
          amount
          (or its equivalent in any currency) equal to 3% of the shareholders’ equity of
          Party A’s Credit Support Provider, determined as of the end of the most recent
          period for which audited financial statements have been prepared.

        

        
          	
                  (e)

                	
                  Section
                    5(a)(vii) “Bankruptcy”
                    applies to Party A and Party B; provided that with respect to
                    Party B
                    clauses (2), (7) and (9) will not be applicable as an Event of
                    Default to
                    the extent such event relates to nonpayment of indebtedness other
                    than
                    that of the related class of Notes; clause (4) will not apply
                    to Party B
                    to the extent that it refers to proceedings or petitions instituted
                    or
                    presented by Party A or any of its Affiliates; clause(6) will
                    not apply to
                    Party B to the extent that it refers to (i) any appointment that
                    is
                    contemplated or effected by the ISDA Master Agreement or (ii)
                    any
                    appointment that Party B has not become subject to); clause (8)
                    will not apply to Party B to the extent that it applies to Section
                    5(a)(vii)(2),(4),(6), and (7) (except to the extent that such
                    provisions
                    are not disapplied with respect to Party B.

                

        

        

        
          	
                  (f)

                	
                  The
                    “Credit
                    Event Upon Merger”
                    provisions of Section 5(b)(iv) will not apply to Party A and
                    Party
                    B.

                

        

        

        
          	
                  (g)

                	
                  The
                    “Tax
                    Event”
                    provisions of Section 5(b)(ii) will apply, provided the words
“(x) any
                    action taken by a taxing authority or brought in a court of competent
                    jurisdiction, on or after the date on which a Transaction is
                    entered into
                    (regardless of whether such action is taken or brought with respect
                    to a
                    party to this Agreement) or (y)” shall be
                    deleted.

                

        

        

        
          	
                  (h)

                	
                  The
                    “Tax
                    Event Upon Merger”
                    provisions of Section 5(b)(iii) will apply, provided that Party
                    A shall
                    not be entitled to designate an Early Termination Date by reason
                    of a Tax
                    Event upon Merger in respect of which it is the Affected
                    Party.

                

        

        

        
          	
                  (i)

                	
                  Section
                    6(b)(ii) will apply; provided that the words “or if a Tax Event Upon
                    Merger occurs and the Burdened Party is the Affected Party” shall be
                    deleted.

                

        

        
          
             

          

          
            2

            
              

            

          

          
             

          

        

        

        

        
          	
                  (j)

                	
                  The
                    “Automatic
                    Early Termination”
                    provision of Section 6(a) will not apply to either Party A or
                    to Party
                    B.

                

        

        

        
          	
                  (k)

                	
                  Payments
                    on Early Termination.
                    For the purpose of Section 6(e) of this Agreement:-
                    

                

        

        

        Market
          Quotation will apply and the Second Method will apply; provided,
          however,
          with
          respect to an early termination in which Party A is the Defaulting Party
          or sole
          Affected Party in respect of an Additional Termination Event or Tax Event
          Upon
          Merger, notwithstanding Section 6 of this Agreement the following amendment
          to
          Agreement set forth in clauses (i) to (vi) below shall apply:

        

        For
          the
          purposes of Section 6(d)(i), Party B’s obligation with respect to the extent of
          information to be provided with its calculations is limited to information
          Party
          B has already received in writing which Party B is able to release without
          breaching any contractual obligations or the provisions of any law applicable
          to
          Party B.

        

        (i)
          The
          definition of “Market Quotation” shall be deleted in its entirety and replaced
          with the following:

        

        “Market
          Quotation”
means,
          with respect to one or more Terminated Transactions, a Firm Offer which
          is (1)
          made by a Reference Market-maker that is an Eligible Replacement, (2) for
          an
          amount that would be paid to Party B (expressed as a negative number) or
          by
          Party B (expressed as a positive number) in consideration of an agreement
          between Party B and such Reference Market-maker to enter into a transaction
          (the
“Replacement
          Transaction”)
          that
          would have the effect of preserving for such party the economic equivalent
          of
          any payment or delivery (whether the underlying obligation was absolute
          or
          contingent and assuming the satisfaction of each applicable condition precedent)
          by the parties under Section 2(a)(i) in respect of such Terminated Transactions
          or group of Terminated Transactions that would, but for the occurrence
          of the
          relevant Early Termination Date, have been required after that Date, (3)
          made on
          the basis that Unpaid Amounts in respect of the Terminated Transaction
          or group
          of Transactions are to be excluded but, without limitation, any payment
          or
          delivery that would, but for the relevant Early Termination Date, have
          been
          required (assuming satisfaction of each applicable condition precedent)
          after
          that Early Termination Date is to be included and (4) made in respect of
          a
          Replacement Transaction with terms substantially the same as those of this
          Agreement (save for the exclusion of provisions relating to Transactions
          that
          are not Terminated Transactions).” 

        

        (ii) The
          definition of “Settlement Amount” shall be deleted in its entirety and replaced
          with the following:

         

        “Settlement
          Amount”
means,
          with respect to any Early Termination Date, an amount (as determined by
          Party B)
          equal to the Termination Currency Equivalent of the amount (whether positive
          or
          negative) of any Market Quotation for the relevant Terminated Transaction
          or
          group of Terminated Transactions that is accepted by Party B so as to become
          legally binding, Provided that:

         

        
          	 	
                  a)

                	
                  If,
                    on the day falling ten Local Business Days after the day on which
                    the
                    Early Termination Date is designated or such later day as Party
                    B may
                    specify in writing to Party A (but in either case no later than
                    the Early
                    Termination Date) (such day the “Latest
                    Settlement Amount Determination Day”),
                    no Market Quotation for the relevant Terminated Transaction or
                    group of
                    Terminated Transactions has been accepted by Party B so as to
                    become
                    legally binding and one or more Market Quotations have been made
                    and
                    remain capable of becoming legally binding upon acceptance, the
                    Settlement
                    Amount shall equal the Termination Currency Equivalent of the
                    amount
                    (whether positive or negative) of the lowest of such Market Quotations
                    (for the avoidance of doubt, the lowest negative number shall
                    equal the
                    largest absolute value such that, for example, negative 3 shall
                    be lower
                    than negative 2); and

                

        

        
          
             

          

          
            3

            
              

            

          

          
             

          

        

        

        

        
          	 	
                  b)

                	
                  If,
                    on the Latest Settlement Amount Determination Day, no Market
                    Quotation for
                    the relevant Terminated Transaction or group of Terminated Transactions
                    is
                    accepted by Party B so as to become legally binding and no Market
                    Quotations have been made and remain capable of becoming legally
                    binding
                    upon acceptance, the Settlement Amount shall equal Party B’s Loss (whether
                    positive or negative and without reference to any Unpaid amounts)
                    for the
                    relevant Terminated Transaction or group of Terminated
                    Transactions.

                

        

        

        (iii) For
          the
          purpose of clause (4) of the definition of Market Quotation, Party B shall
          determine in its sole discretion, acting in a commercially reasonable manner,
          whether a Firm Offer is made in respect of a Replacement Transaction with
          terms
          substantially the same as those of this Agreement (save for the exclusion
          of
          provisions relating to Transactions that are not Terminated Transactions)
          provided,
          however,
          that
          not withstanding the provisions of this Part 1(k)(iii), nothing in this
          Agreement shall preclude Party A from obtaining Market Quotations.

         

        (iv) At
          any
          time on or before the Latest Settlement Amount Determination Day at which
          two or
          more Market Quotations remain capable of becoming legally binding upon
          acceptance, Party B shall be entitled to accept only the lowest of such
          Market
          Quotations.

         

        (v) If
          Party
          B requests Party A in writing to obtain Market Quotations, Party A shall
          use its
          reasonable efforts to do so before the Latest Settlement Amount Determination
          Day.

         

        (vi) If
          the
          Settlement Amount is a negative number, Section 6(e)(i)(3) of this Agreement
          shall be deleted in its entirety and replaced with the following:

         

        “Second
          Method and Market Quotation.
          If
          Second Method and Market Quotation apply, (1) Party B shall pay to Party
          A an
          amount equal to the absolute value of the Settlement Amount in respect
          of the
          Terminated Transactions, (2) Party B shall pay to Party A the Termination
          Currency Equivalent of the Unpaid Amounts owing to Party A and (3) Party
          A shall
          pay to Party B the Termination Currency Equivalent of the Unpaid Amounts
          owing
          to Party B, provided that, (i) the amounts payable under (2) and (3) shall
          be
          subject to netting in accordance with Section 2(c) of this Agreement and
          (ii)
          notwithstanding any other provision of this Agreement, any amount payable
          by
          Party A under (3) shall not be netted-off against any amount payable by
          Party B
          under (1).”

         

        
          	
                  (l)

                	
                  “Termination
                    Currency”
                    means United States Dollars.

                

        

        

        
          	
                  (m)

                	
                  Timing
                    of Party B Termination Payment.
                    If
                    an amount calculated as being due in respect of an Early Termination
                    Date
                    under Section 6(e) of this Agreement is an amount to be paid
                    by Party B to
                    Party A then, notwithstanding the provisions of Section 6(d)(ii)
                    of this
                    Agreement, such amount will be payable on the Business Day immediately
                    preceding the first Distribution Date following the date on which
                    the
                    payment would have been payable as determined in accordance with
                    Section
                    6(d)(ii); provided
                    that if the date on which the payment would have been payable
                    as
                    determined in accordance with Section 6(d)(ii) is a Distribution
                    Date,
                    then the payment will be payable on the date determined in accordance
                    with
                    Section 6(d)(ii).

                

        

        
          
             

          

          
            4

            
              

            

          

          
             

          

        

        

        

        
          	
                  (n)

                	
                  Additional
                    Termination Event will apply.
                    Each of the following events shall constitute an Additional Termination
                    Event hereunder: 

                

        

        

        
          	 	
                  (i)

                	
                  A
                    Ratings Event occurs as set forth in Part 5(f)(i) hereof and
                    Party A fails
                    to satisfy the requirements set forth in Part 5(f)(i) hereof
                    or Party A
                    fails to satisfy the Moody’s Downgrade provisions set forth in Part
                    (5)(f)(ii) hereof. Party A shall be the sole Affected
                    Party.

                

        

        

        
          	 	
                  (ii)

                	
                  The
                    Pooling and Servicing Agreement is amended or modified, without
                    the prior
                    written consent of Party A, in any manner which materially adversely
                    affects Party A, and such consent is required pursuant to the
                    Pooling and
                    Servicing Agreement. Party B shall be the sole Affected
                    Party.

                

        

        

        
          	 	
                  (iii)

                	
                  The
                    Trust Fund (as defined in the Pooling and Servicing Agreement)
                    is
                    terminated pursuant to the Pooling and Servicing Agreement or
                    notice of
                    the Terminator’s (as defined in the Pooling and Servicing Agreement)
                    intention to exercise its option to purchase the Mortgage Loans
                    pursuant
                    to Section 9.01 of the Pooling and Servicing Agreement is given
                    by the
                    Trustee to Certificateholders pursuant to Section 9.01 of the
                    Pooling and
                    Servicing Agreement. Party B shall be the sole Affected
                    Party.

                

        

        

        
          	 	
                  (iv)

                	
                  A
                    Swap Disclosure Event occurs as set forth in Part 5(g) hereof
                    and Party A
                    fails to satisfy the requirements set forth in Part 5(g) hereof.
                    Party A
                    shall be the sole Affected Party.

                

        

        

        Part
          2

        Tax
          Representations

         

        
          	
                  (a)

                	
                  Payer
                    Representations. For
                    the purpose of Section 3(e) of this Agreement, Party A and Party
                    B make
                    the following representation:-

                

        

        

        It
          is not
          required by any applicable law, as modified by the practice of any relevant
          governmental revenue authority, of any Relevant Jurisdiction to make any
          deduction or withholding for or on account of any Tax from any payment
          (other
          than interest under Section 2(e), 6(d)(ii), or 6(e) of this Agreement)
          to be
          made by it to the other party under this Agreement. In making this
          representation, it may rely on (i) the accuracy of any representations
          made by
          the other party pursuant to Section 3(f) of this Agreement, (ii) the
          satisfaction of the agreement contained in Section 4(a)(i) or 4(a)(iii)
          of this
          Agreement, and the accuracy and effectiveness of any document provided
          by the
          other party pursuant to Section 4(a)(i) or 4(a)(iii) of this Agreement,
          and
          (iii) the satisfaction of the agreement of the other party contained in
          Section
          4(d) of this Agreement, provided
          that it
          shall not be a breach of this representation where reliance is placed on
          clause
          (ii) and the other party does not deliver a form or document under Section
          4(a)(iii) by reason of material prejudice to its legal or commercial
          position.

        
          
             

          

          
            5

            
              

            

          

          
             

          

        

        

        
          	
                  (b)

                	
                  Payee
                    Representations.
                    For the purpose of Section 3(f) of this Agreement, Party A and
                    Party B
                    make the following
                    representations:-

                

        

        

        
          	 	
                  (i)

                	
                  The
                    following representation applies to Party A: Party A is a corporation
                    organized under the laws of the State of
                    Delaware.

                

        

        

        
          	 	
                  (ii)

                	
                  The
                    following representation applies to Party B: Party B is a “U.S. person” as
                    that term is used in section 1.1441-4(a)(3)(ii) of the United
                    States
                    Treasury Regulations (the “Regulations”) for United States federal income
                    tax purposes.

                

        

        

        Part
          3

        Agreement
          to Deliver Documents

         

        For
          the
          purpose of Section 4(a)(i) and (ii) of this Agreement, each Party agrees
          to
          deliver the following documents as applicable:-

         

        

        
          	
                  (a)

                	
                  Tax
                    forms, documents or certificates to be delivered
                    are:-

                

        

        

        
          	
                  Party
                    Required to deliver 

                  Document

                	
                   

                  Form/Document/Certificate

                	
                   

                  Date
                    by which to Delivered

                
	
                  Party
                    A and Party B.

                	
                  An
                    executed U.S. Internal Revenue Service Form W-9 (or any successor
                    thereto).

                	
                  (i)
                    Before the first Payment Date under this Agreement, (ii) promptly
                    upon
                    reasonable demand by Party A and (iii) promptly upon learning
                    that any
                    such form previously provided to Party A has become obsolete
                    or
                    incorrect.

                

        

        

        
          	
                  (b)

                	
                  Other
                    documents to be delivered are:

                

        

        

        
          	
                  Party
                    Required to deliver Document

                	
                  Form/Document/

                  Certificate

                	
                  Date
                    by which to be Delivered

                	
                  Covered
                    by Section 3(d) Representation

                
	
                  Party
                    A.

                	
                  Guarantee
                    from Swiss Reinsurance Company as Credit Support Provider.

                	
                  Concurrently
                    with the execution of this Agreement.

                	
                  No

                
	
                  Party
                    B. 

                	
                  Credit
                    Support Document, if any, specified in Part 4 hereof, such Credit
                    Support
                    Document being duly executed if required.

                	
                  Concurrently
                    with the execution of this Agreement. 

                	
                  No.

                

        

         

         

         

         

        
          
             

          

          
            6

            
              

            

          

          
             

          

        

        
          

          
            	
                    Party
                      Required to deliver Document

                  	
                    Form/Document/

                    Certificate

                  	
                    Date
                      by which to be Delivered

                  	
                    Covered
                      by Section 3(d) Representation

                  
	
                    Party
                      A/Party B. 

                  	
                    Incumbency
                      certificate or other documents evidencing the authority of
                      the party
                      entering into this Agreement or any other document executed
                      in connection
                      with this Agreement.

                  	
                    Concurrently
                      with the execution of this Agreement or of any other documents
                      executed in
                      connection with this Agreement.

                  	
                    Yes.

                  
	
                    Party
                      B.

                  	
                    Copy
                      of each report delivered under the Pooling and Servicing Agreement
                      and/or
                      any other Transaction Document.

                  	
                    Upon
                      availability.

                  	
                    Yes.

                  
	
                    Party
                      A.

                  	
                    Legal
                      opinion from counsel for Party A’s Credit Support Provider concerning due
                      authorization, enforceability and related matters, addressed
                      to Party B
                      and acceptable to Party B. 

                  	
                    Concurrently
                      with the execution of this Agreement.

                  	
                    No.

                  
	
                    Party A.

                  	
                    Certified
                      copies of all corporate, partnership or membership authorizations,
                      as the
                      case may be, and any other documents with respect to the execution,
                      delivery and performance of this Agreement and any Credit Support
                      Document

                  	
                    Upon
                      execution and delivery of this Agreement

                  	
                    Yes

                  

          

          

        Part
          4

        Miscellaneous

         

        

         

        
          	
                  (a)

                	
                  Addresses
                    for Notices: For the purpose of Section 12(a) of this
                    Agreement:-

                

        

        

        Address
          for notices or communications to Party
          A:-

        Swiss
          Re
          Financial Products Corporation

        55
          East
          52nd Street

        New
          York,
          New York 10055 

        
           

          
            	 	
                    Attention:

                  	
                    
                      Head
                        of Operations

                    

                  

          

          
            	 	
                    Facsimile:

                  	
                    
                      (917)
                        322-7201

                    

                  

          

        

        

        CC:

        
          	 	
                  Attention:

                	
                  Head
                    of Legal

                

        

        
          	 	
                  Facsimile:

                	
                  (212)
                    317-5474

                

        

         

        (For
          all
          purposes).

         

        
 

        
          
             

          

          
            7

            
              

            

          

          
             

          

        

        

        Address
          for notices or communications to Party
          B:-

        

        Wells
          Fargo Bank, N.A., not individually but solely as trustee for Carrington
          Mortgage
          Loan Trust, Series 2007-RFC1 with respect to the Carrington Mortgage Loan
          Trust,
          Series 2007-RFC1 Asset-Backed Pass-Through Certificates

        9062
          Old
          Annapolis Road

        Columbia,
          Maryland 21045

        
           

          
            	 	
                    Attention:

                  	
                    
                      Client
                        Manager-Carrington Mortgage Loan Trust,
                        2007-RFC1

                    

                  

          

          
            	 	
                    Telephone:

                  	
                    (410)
                      884-2000

                  

            	 	
                    Facsimile:

                  	
                    
                      (410)
                        715-2380

                    

                  

            	 	 	 

          

        

        

        (For
          all
          purposes).

        

        
          	
                  (b)

                	
                  Process
                    Agent.
                    For the purpose of Section 13(c):-

                

        

        

        Party
          A
          appoints as its Process Agent: Not
          Applicable.

        

        Party
          B
          appoints as its Process Agent: Not
          Applicable.

        

        
          	
                  (c)

                	
                  Offices.
                    The provisions of Section 10(a) will apply to this
                    Agreement.

                

        

        

        
          	
                  (d)

                	
                  Multibranch
                    Party.
                    For the purpose of Section 10(c) of this
                    Agreement:-

                

        

        

        Party
          A
          is not a Multibranch Party.

        

        Party
          B
          is not a Multibranch Party.

        

        
          	
                  (e)

                	
                  Calculation
                    Agent.
                    The Calculation Agent is Party A; provided, however, if an Event
                    of
                    Default has occurred with respect to Party A, a Reference Market-maker,
                    as
                    designated by Party B, shall be the Calculation
                    Agent.

                

        

        

        
          	
                  (f)

                	
                  Credit
                    Support Document.
                    Details of any Credit Support
                    Document:-

                

        

        

        Each
          of
          the following, as amended, extended, supplemented or otherwise modified
          in
          writing from time to time, is a “Credit Support Document”:

        

        Party
          A:
          A Guaranty of Swiss Reinsurance Company dated as of the date hereof, in
          a form
          acceptable to Party B and the ISDA Credit Support Annex, annexed
          hereto.

        

        Party
          B:
          The Pooling and Servicing Agreement and the ISDA Credit Support Annex to
          the
          extent of Party B’s Return Amount obligations.

        

        
          	
                  (g)

                	
                  Credit
                    Support Provider.

                

        

        

        Credit
          Support Provider means in relation to Party A, Swiss
          Reinsurance Company.

        

        Credit
          Support Provider means in relation to Party B, Not Applicable.

        
          
             

          

          
            8

            
              

            

          

          
             

          

        

        

        

        
          	
                  (h)

                	
                  Governing
                    Law.
                    This Agreement will be governed by, and construed in accordance
                    with, the
                    laws of the State of New York without reference to its conflict
                    of laws
                    provisions (except for Sections 5-1401 and 5-1402 of the New
                    York General
                    Obligations Law).

                

        

        

        
          	
                  (i)

                	
                  Netting
                    of Payments.
                    Subparagraph (ii) of Section 2(c) of this Agreement will
                    apply.

                

        

        

        
          	
                  (j)

                	
                  “Affiliate”
                    will have the meaning specified in Section 14 of the Form Master
                    Agreement; provided, however, that Party B shall be deemed not
                    to have any
                    Affiliates for purposes of this
                    Transaction.

                

        

        

        Part
          5

        Other
          Provisions

         

        
          	
                  (a)

                	
                  Additional
                    Representations.
                    For purposes of Section 3, the following shall be added, immediately
                    following paragraph (f) thereto:

                

        

        

        
          	 	
                  (g)

                	
                  It
                    is an “eligible
                    contract participant”
                    within the meaning of Section 1(a)(12) of the Commodity Exchange
                    Act, as
                    amended.

                

        

        

        
          	 	
                  (h)

                	
                  It
                    has entered into this Agreement (including each Transaction evidenced
                    hereby) in conjunction with its line of business (including financial
                    intermediation services) or the financing of its
                    business.

                

        

        

        
          	 	
                  (i)

                	
                  Non-Reliance.
                    Each party has made its own independent decisions to enter into
                    this
                    Transaction and as to whether this Transaction is appropriate
                    or proper
                    for it based upon its own judgment and upon advice from such
                    advisors as
                    it has deemed necessary. It is not relying on any communication
                    (written
                    or oral) of the other party as investment advice or as a recommendation
                    to
                    enter into this Transaction; it being understood that information
                    and
                    explanations related to the terms and conditions of this Transaction
                    shall
                    not be considered investment advice or a recommendation to enter
                    into this
                    Transaction. Further, such party has not received from the other
                    party any
                    assurance or guarantee as to the expected results of this
                    Transaction.

                

        

        

        
          	 	
                  (j)

                	
                  Evaluation
                    and Understanding.
                    It is capable of evaluating and understanding (on its own behalf
                    or
                    through independent professional advice), and understands and
                    accepts, the
                    terms, conditions and risks of this Transaction. It is also capable
                    of
                    assuming, and assumes, the financial and other risks of this
                    Transaction.

                

        

        

        
          	 	
                  (k)

                	
                  Status
                    of Parties.
                    The other party is not acting as an agent, fiduciary or advisor
                    for it in
                    respect of this Transaction.

                

        

        

        
          	 	
                  (l)

                	
                  Pari
                    Passu: Party
                    A represents that its obligations under this Agreement rank pari
                    passu
                    with all of its other unsecured, unsubordinated obligations except
                    those
                    obligations preferred by operation of
                    law.

                

        

        

        
          	
                  (b)

                	
                  Notice
                    by Facsimile Transmission. Section
                    12(a) of the Agreement is hereby amended by deleting the parenthetical
                    “(except that a notice or other communication under Section 5
                    or 6 may not
                    be given by facsimile transmission or electronic messaging
                    system).”

                

        

        
          
             

          

          
            9

            
              

            

          

          
             

          

        

        

        
          	
                  (c)

                	
                  No
                    Set-off.
                    Without affecting the provisions of the Agreement requiring the
                    calculation of certain net payment amounts, as a result of an
                    Event of
                    Default or Additional Termination Event or otherwise, all payments
                    will be
                    made without setoff or counterclaim. The provisions for Set-off
                    set forth
                    in Section 6(e) of the Agreement shall not apply for purposes
                    of this
                    Agreement. 

                

        

        

        
          	
                  (d)

                	
                  Consent
                    to Recording.
                    The parties agree that each may electronically record all telephonic
                    conversations between marketing and trading personnel in connection
                    with
                    this Agreement and that any such recordings may be submitted
                    in evidence
                    in any Proceedings relating to the
                    Agreement.

                

        

        

        
          	
                  (e)

                	
                  Waiver
                    of Jury Trial.
                    EACH
                    PARTY HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY
                    JURY
                    WITH RESPECT TO ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING
                    TO THIS
                    AGREEMENT, ANY CREDIT SUPPORT DOCUMENT OR ANY TRANSACTION CONTEMPLATED
                    HEREUNDER.

                

        

        

        
          	
                  (f)

                	
                  Downgrade
                    of Party A.

                

        

        

        (i) For
          the
          purpose of this section, a “Ratings Event” shall occur with respect to Party A
          (or its Credit Support Provider) if the long-term and short-term senior
          unsecured debt ratings of Party A (or its Credit Support Provider) cease
          to be
          at least A and A-1 by Standard & Poor’s Ratings Service, a division of
          the McGraw-Hill Companies, Inc. or any successor thereto (“S&P”) (however,
          in the event that Party A (or its Credit Support Provider) does not have
          a
          short-term rating from S&P, if Party A’s long-term senior unsecured debt
          rating is reduced below “A+” by S&P) or at least A and F1 by Fitch Ratings
          Ltd. or any successor thereto (“Fitch”) (collectively, the “Approved Rating
          Threshold”), to the extent such obligations are rated by S&P or Fitch. The
          failure by Party A to comply with the provisions set forth below shall
          constitute an Additional Termination Event for which Party A shall be the
          sole
          Affected Party.

        

        If
          a
          Ratings Event shall occur and be continuing with respect to Party A, then
          Party
          A shall (at its own cost) (A) within 5 Business Days of such Ratings Event,
          give
          notice to Party B of the occurrence of such Ratings Event, and (B) within
          30
          calendar days after the occurrence of a Ratings Event, either (i) use reasonable
          efforts to transfer Party A’s rights and obligations hereunder to another party,
          subject to satisfaction of the Rating Agency Condition (as defined below),
          (ii)
          post Eligible Collateral in accordance with the Credit Support Annex attached
          hereto and made a part hereof or (iii) obtain a guaranty which satisfies
          the
          Rating Agency Condition; provided,
          however,
          that if
          Party A’s long-term senior unsecured debt rating is withdrawn or reduced below
          “BBB-” by S&P, Party A shall (at its own cost) within 10 Business Days
          effect such transfer or obtain such guaranty. Party A’s obligations to find a
          transferee, post Eligible Collateral under such Credit Support Annex or
          obtain a
          guarantor shall remain in effect only for so long as a Ratings Event is
          continuing with respect to Party A. “Rating Agency Condition” means, with
          respect to any action to be taken, a condition that is satisfied when S&P,
          Moody’s and Fitch have confirmed that such action would not result in the
          downgrade, qualification (if applicable) or withdrawal of the rating then
          assigned by such Rating Agency to the applicable class of
          Certificates.

        

        (ii) Moody’s
          Downgrade Provisions.

        

        (A) Moody’s
          First Rating Trigger Collateral.
          For
          purposes of this Part 5(f)(ii), if Party A has failed to comply with or
          perform
          any obligation to be complied with or performed by Party A in accordance
          with
          the Credit Support Annex entered into between Party A and Party B in relation
          to
          this Agreement (the
“CSA
          obligation”), then, unless less than 30 Local Business Days have elapsed since
          the last date on which the Moody’s First Trigger Required Ratings of Party A
          were satisfied, such failure by Party A to comply with one or more CSA
          obligations shall constitute an Additional Termination Event, and Party
          A shall
          be the sole Affected Party.

        
          
             

          

          
            10

            
              

            

          

          
             

          

        

        

        

        (B) Moody’s
          Second Rating Trigger Replacement.
          It
          shall
          be an Additional termination Event with Party A as sole Affected Party
          if
          on a
          given date (x) the Moody’s Second Rating Trigger Requirements of Party A are not
          satisfied and 30 or more Local Business Days have elapsed since the last
          date on
          which the Moody’s Second Rating Trigger Requirements of Party A were satisfied
          and (y) (i) at least one Eligible Replacement has made a Firm Offer (which
          remains capable of becoming legally binding upon acceptance) to be the
          transferee of a transfer to be made in accordance with Part 5(q)(ii) below
          and/or (ii) at least one entity whose ratings satisfy the Moody’s First Trigger
          Required Ratings and/or the Moody’s Second Trigger Required Ratings has made a
          Firm Offer (which remains capable of becoming legally binding upon acceptance
          by
          the offeree and satisfaction of the Rating Agency Condition) to provide
          an
          Eligible Guarantee in respect of all of Party A’s present and future obligations
          under this Agreement.

        

        “Eligible Guarantee”
means
          an unconditional and irrevocable guarantee that is provided by a guarantor
          as
          principal debtor rather than surety and is directly enforceable by Party
          B,
          where either (A) a law firm has given a legal opinion confirming that none
          of
          the guarantor’s payments to Party B under such guarantee will be subject to
          withholding for Tax or (B) such guarantee provides that, in the event that
          any
          of such guarantor’s payments to Party B are subject to withholding for tax, such
          guarantor is required to pay such additional amount as is necessary to
          ensure
          that the net amount actually received by Party B (free and clear of any
          withholding tax) will equal the full amount Party B would have received
          had no
          such withholding been required.

        

        “Eligible
          Replacement”
means
          an entity (A) with the Moody’s First Trigger Required Ratings and/or the Moody’s
          Second Trigger Required Ratings or (B) whose present and future obligations
          owing to Party B are guaranteed pursuant to an Eligible Guarantee provided
          by a
          guarantor with the Moody’s First Trigger Required Ratings and/or the Moody’s
          Second Trigger Required Ratings. 

        

        “Firm
          Offer”
means
          an offer which, when made, was capable of becoming legally binding upon
          acceptance.

        

        “Moody’s
          Short-term Rating”
means
          a
          rating assigned by Moody’s under its short-term rating scale in respect of an
          entity’s
          short-term, unsecured and unsubordinated debt obligations

        

        “Relevant
          Entities”
means
          Party A and any guarantor under an Eligible Guarantee in respect of all
          of Party
          A’s present and future obligations under this Agreement.

        

        An
          entity
          shall satisfy the “Moody’s
          First Trigger Required
          Ratings”
either
          (x) if such entity is the subject of a Moody’s Short-term Rating, if such rating
          is “Prime-1”
          and its long-term, unsecured and unsubordinated debt or counterparty obligations
          are rated “A2” or above by Moody’s or (y) if such entity is not the subject of a
          Moody’s Short-term Rating, its long-term, unsecured and unsubordinated debt or
          counterparty obligations are rated “A1” or above by Moody’s.

        
          
             

          

          
            11

            
              

            

          

          
             

          

        

        

        

        The
          “Moody’s
          Second
          Rating Trigger Requirements”
shall
          be satisfied if a Relevant Entity has the Moody’s Second Trigger Required
          Ratings.

         

        An
          entity
          shall satisfy the “Moody’s Second
          Trigger Required Ratings”
either
          (x), if such entity is the subject of a Moody’s Short-term Rating, if such
          rating is “Prime-2”
          or above and its long-term, unsecured and unsubordinated debt obligations
          are
          rated “A3” or above by Moody’s or (y), if such entity is not the subject of a
          Moody’s Short-term Rating, its long-term, unsecured and unsubordinated debt
          obligations are rated “A3” or above by Moody’s.

        

        So
          long
          as the Moody’s
          Second
          Rating Trigger Requirements are not satisfied,
          Party A
          will within 30 days and at its own cost use commercially reasonable efforts
          to,
          as soon as reasonably practicable, procure either
          (x) an
          Eligible Guarantee
          in
          respect of all of Party A’s present and future obligations under this Agreement
          to be provided by a guarantor with the Moody’s First Trigger Required Ratings
          and/or the Moody’s Second Trigger Required Ratings
          or (y)
a
          transfer in accordance with Part 5(q)(ii) below.

        

        
          	
                  (g)

                	
                  Swap
                    Disclosure Event.
                    Upon the occurrence of a Swap Disclosure Event (as defined below),
                    if
                    Party A has not, within 10 days after such Swap Disclosure Event
                    (the
                    “Response Period”) complied with one of the solutions listed below, then
                    an Additional Termination Event shall have occurred with respect
                    to Party
                    A and Party A shall be the sole Affected Party with respect to
                    such
                    Additional Termination Event.

                

        

        

        It
          shall
          be a swap disclosure event (“Swap Disclosure Event”) if at any time after the
          date hereof Carrington Securities, LP (“Carrington Securities”) or Stanwich
          Asset Acceptance Corporation (“Stanwich”) notifies Party A that in the
          reasonable discretion of Carrington Securities or Stanwich acting in good
          faith,
          the “aggregate significance percentage” of all derivative instruments (as such
          term is defined in Item 1115 of Regulation AB (as defined below)) provided
          by
          Party A and any of its affiliates to Carrington Mortgage Loan Trust, Series
          2007-RFC1 (the “Significance Percentage”) is 10% or more.

        

        Following
          a Swap Disclosure Event, Party A’s Credit Support Provider shall take one of the
          following actions at its own expense: either (I) (a) (i) if the Significance
          Percentage is 10% or more, Party A’s Credit Support Provider shall provide in an
          EDGAR compatible format the information set forth in Item 1115(b)(1) of
          Regulation AB (or the alternative information described in Instructions
          2, 3 and
          5 to Item 1114 of Regulation AB or otherwise approved by the SEC in writing)
          for
          Party A (or for its Credit Support Provider, if applicable) or (ii) if
          the
          Significance Percentage is 20% or more, Party A provide in an EDGAR compatible
          format the information set forth in Item 1115(b)(2) of Regulation AB (or
          the
          alternative information described in Instructions 2, 3 and 5 to Item 1114
          of
          Regulation AB or otherwise approved by the SEC in writing) for Party A
          (or for
          its Credit Support Provider, if applicable) (collectively, the “Reg AB
          Information”), to Carrington Securities or Stanwich and (b) provide written
          consent to Carrington Securities and Stanwich to incorporation by reference
          of
          such current Reg AB Information as is filed with the Securities and Exchange
          Commission in the reports of Stanwich 

        
          
             

          

          
            12

            
              

            

          

          
             

          

        

        
          	 	
                  filed
                    pursuant to the Exchange Act, and (c) if applicable, cause its
                    outside
                    accounting firm to provide its consent to filing or incorporation
                    by
                    reference of such accounting firm’s report relating to their audits of
                    such current Reg AB Information in the Exchange Act Reports of
                    Stanwich,
                    and (d) provide to Carrington Securities and Stanwich any updated
                    Reg AB
                    Information with respect to Party A or any entity that consolidates
                    Party
                    A within five days of the release of any such updated Reg AB
                    Information;
                    (II) cause a Reg AB Approved Entity (as defined below) to replace
                    Party A
                    as party to this Agreement on terms substantially similar to
                    this
                    Agreement prior to the expiration of the Response Period and
                    cause such
                    Reg AB Approved Entity to provide the Reg AB Information prior
                    to the
                    expiration of the Response Period; or (III) post collateral in
                    an amount
                    sufficient to reduce the Significance Percentage (1) to 8% if
                    the
                    Depositor has notified Party A that the Significance Percentage
                    is 9% or
                    more (but less than 19% or (2) to 18% if the Depositor has notified
                    Party
                    A that the Significance Percentage is 19% or more; provided however,
                    that
                    no such transfer to a Reg AB Approved Entity pursuant to (II)
                    above shall
                    occur unless the Reg AB Approved entity agrees to terms substantially
                    identical to those contained in Part 5(n) of this Agreement.
“Reg AB
                    Approved Entity” means any entity that (i) has the ability to provide the
                    Reg AB Information and (ii) meets or exceeds the Approved Rating
                    Threshold
                    and satisfies the Ratings Agency
                    Condition.

                

        

        

        “Regulation
          AB” means Subpart 229.1100 - Asset Backed Securities (Regulation AB), 17 C.F.R.
          §§229.1100-229.1123, as such may be amended from time to time, and subject
          to
          such clarification and interpretation as have been provided by the Securities
          and Exchange Commission (“SEC”) in the adopting release (Asset-Backed
          Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531
          (Jan.
          7, 2005)) or by the staff of the SEC, or as may be provided by the SEC
          or its
          staff from time to time.

        

        
          	
                  (h)

                	
                  Non-Petition.
                    Party A hereby agrees that it will not, prior to the date that
                    is one year
                    and one day (or, if longer, the applicable preference period)
                    after all
                    Certificates (as such term is defined in the Pooling and Servicing
                    Agreement) issued by Party B pursuant to the Pooling and Servicing
                    Agreement have been paid in full, acquiesce, petition or otherwise
                    invoke
                    or cause Party B to invoke the process of any court or governmental
                    authority for the purpose of commencing or sustaining a case
                    against Party
                    B under any federal or state bankruptcy, insolvency or similar
                    law or for
                    the purpose of appointing a receiver, liquidator, assignee, trustee,
                    custodian, sequestrator or other similar official for Party B
                    or any
                    substantial part of the property of Party B, or for the purpose
                    of
                    ordering the winding up or liquidation of the affairs of Party
                    B. Nothing
                    herein shall prevent Party A from participating in any such proceeding
                    once commenced. The provisions of this paragraph shall survive
                    the
                    termination of this Agreement.

                

        

        

        
          	
                  (i)

                	
                  Trustee
                    Liability Limitation.
                    It is expressly understood and agreed by the parties hereto that
                    (i) this
                    Schedule is executed and delivered by Wells Fargo Bank, N.A.
                    (“Wells
                    Fargo”), not individually or personally but solely as trustee, (ii)
                    each
                    of the representations, undertakings and agreements herein made
                    on the
                    part of Party B is made and intended not as personal representations,
                    undertakings and agreements by Wells Fargo but is made and intended
                    for
                    the purpose of binding only Party B, (iii) nothing herein contained
                    shall
                    be construed as creating any liability on Wells Fargo, individually
                    or
                    personally, to perform any covenant either expressed or implied
                    contained
                    herein, and (iv) under no circumstances shall Wells Fargo be
                    personally
                    liable for the payment of any indebtedness or expenses of Party
                    B or be
                    liable for the breach or failure of any obligation, representation,
                    warranty or covenant made or undertaken by Party B hereunder
                    or any other
                    related documents. Any resignation or removal of Wells Fargo
                    as trustee
                    under the Pooling and Servicing Agreement shall require the assignment
                    of
                    this confirmation to Wells Fargo’s
                    replacement.

                

        

        
          
             

          

          
            13

            
              

            

          

          
             

          

        

        

        
          	
                  (j)

                	
                  Severability.
                    If
                    any term, provision, covenant, or condition of this Agreement,
                    or the
                    application thereof to any party or circumstance, shall be held
                    to be
                    invalid or unenforceable (in whole or in part) for any reason,
                    the
                    remaining terms, provisions, covenants, and conditions hereof
                    shall
                    continue in full force and effect as if this Agreement had been
                    executed
                    with the invalid or unenforceable portion eliminated, so long
                    as this
                    Agreement as so modified continues to express, without material
                    change,
                    the original intentions of the parties as to the subject matter
                    of this
                    Agreement and the deletion of such portion of this Agreement
                    will not
                    substantially impair the respective benefits or expectations
                    of the
                    parties.

                

        

        

        The
          parties shall endeavor to engage in good faith negotiations to replace
          any
          invalid or unenforceable term, provision, covenant or condition with a
          valid or
          enforceable term, provision, covenant or condition, the economic effect
          of which
          comes as close as possible to that of the invalid or unenforceable term,
          provision, covenant or condition.

        

        
          	
                  (k)

                	
                  The
                    obligations of Party B under this Agreement are limited recourse
                    obligations of Party B, payable solely from the Trust Fund (as
                    such term
                    is defined in the Pooling and Servicing Agreement), subject to
                    and in
                    accordance with the terms of the Pooling and Servicing Agreement,
                    and,
                    following exhaustion of the Trust Fund, any claims of Party A
                    against
                    Party B shall be extinguished. It is understood that the foregoing
                    provisions shall not (i) prevent recourse to the Trust Fund for
                    the sums
                    due or to become due under any security, instrument or agreement
                    which is
                    part of the Trust Fund (subject to the priority of payments set
                    forth in
                    the Pooling and Servicing Agreement) or (ii) constitute a waiver,
                    release
                    or discharge of any obligation of Party B arising under this
                    Agreement
                    until the Trust Fee have been realized and the proceeds applied
                    in
                    accordance with the Pooling and Servicing Agreement, whereupon
                    any
                    outstanding obligation of Party B under this Agreement shall be
                    extinguished. Notwithstanding the foregoing (or anything to the
                    contrary
                    in this Agreement), Party B shall be liable for its own fraud,
                    negligence,
                    willful misconduct and/or bad
                    faith.

                

        

        

        
          	
                  (l)

                	
                  Delivery
                    of Confirmations. For
                    each Transaction entered into hereunder, Party A shall promptly send
                    to Party B a Confirmation (which may be via facsimile transmission).
                    Party B agrees to respond to such Confirmation within two General
                    Business Days, either confirming agreement thereto or requesting
                    a
                    correction of any error(s) contained therein. Failure by Party A to
                    send a Confirmation or of Party B to respond within such period shall
                    not affect the validity or enforceability of such Transaction.
                    Absent
                    manifest error, there shall be a presumption that the terms contained
                    in
                    such Confirmation are the terms of the
                    Transaction.

                

        

        

        
          	
                  (m)

                	
                  Section
                    5(a)(i) is hereby amended as
                    follows:

                

        

        

        The
          word
“third” shall be replaced by the word “first” in the third line of Section
          5(a)(i) of the Agreement.

        

        
          	
                  (n)

                	
                  Compliance
                    with Regulation AB.

                

        

        

        Party
          A
          agrees and acknowledges that Carrington Securities and Stanwich may be
          required
          under Regulation AB, to disclose certain financial information regarding
          Party
          A’s Credit Support Provider or depending on the applicable “significance
          percentage” of this Agreement, as calculated from time to time in accordance
          with Item 1115 of Regulation AB.

        
          
             

          

          
            14

            
              

            

          

          
             

          

        

        

        

        Party
          A,
          or a Reg AB Approved Entity after a Swap Disclosure Event pursuant to Paragraph
          5(g), as applicable, shall indemnify and hold harmless Carrington Securities,
          Stanwich, their respective directors or officers and any person controlling
          Carrington Securities or Stanwich, from and against any and all losses,
          claims,
          damages and liabilities caused by any untrue statement or alleged untrue
          statement of a material fact contained in the Reg AB Information that Party
          A,
          Party A’s Credit Support Provider or such Reg AB Approved Entity, as applicable,
          provides to Carrington Securities or Stanwich pursuant to Part 5(g) (the
“Party
          A Information”) or caused by any omission or alleged omission to state in the
          Party A Information by Party A, Party A’s Credit Support Provider or the Reg AB
          Approved Entity, as applicable, a material fact required to be stated therein
          or
          necessary to make the statements therein, in light of the circumstances
          under
          which they were made, not misleading. For the avoidance of doubt, Party
          A shall
          provide the indemnity described above with respect to any Party A Information
          it
          is required to provide pursuant to Part 5(g) and any Reg AB Approved Entity
          which has replaced Party A pursuant to Part 5(g) shall provide the indemnity
          described above with respect to any Party A Information it is required
          to
          provide pursuant to Part 5(g).

        

        
          	
                  (o)

                	
                  Limited
                    Transaction.
                    Party A and Party B each agrees and acknowledges that the only
                    Transaction
                    that are or will be governed by this Agreement is the Transaction
                    evidenced by the Confirmation dated as of the date hereof (it
                    being
                    understood that, in the event any such Confirmation shall be
                    amended (in
                    any respect), such amendment shall not constitute (for purposes
                    of this
                    paragraph) a separate Transaction or a separate
                    Confirmation).

                

        

        

        
          	
                  (p)

                	
                  Transfer,
                    Amendment and Assignment.
                    No
                    transfer, amendment, waiver, supplement, assignment or other
                    modification
                    of this Transaction shall be permitted by either party unless
                    Moody’s,
                    S&P, and Fitch have been provided prior notice of the same and
                    confirms in writing (including by facsimile transmission) that
                    it will not
                    downgrade, withdraw or otherwise modify its then-current ratings
                    of any
                    Certificates.

                

        

        

        
          	
                  (q)

                	
                  Transfers.

                

        

        

        
          	 	
                  (i)

                	
                  Section
                    7 of this Agreement shall not apply to Party A and, subject to
                    Section
                    6(b)(ii) and Part 5(m)(ii) below, Party A may not transfer (whether
                    by way
                    of security or otherwise) any interest or obligation in or under
                    this
                    Agreement without the prior written consent of Party
                    B.

                

        

         

        
          	 	
                  (ii)

                	
                  Subject
                    to Part 5(s) below, Party A may (at its own cost) transfer all
                    or
                    substantially all of its rights and obligations with respect
                    to this
                    Agreement to any other entity (a “Transferee”)
                    that is an Eligible Replacement, Provided that Party B shall
                    determine in
                    its sole discretion, acting in a commercially reasonable manner,
                    whether
                    or not a transfer relates to all or substantially all of Party
                    A’s rights
                    and obligations under this Agreement. Following such transfer,
                    all
                    references to Party A shall be deemed to be references to the
                    Transferee.

                

        

         

        
          	 	
                  (iii)

                	
                  If
                    an entity has made a Firm Offer (which remains capable of becoming
                    legally
                    binding upon acceptance) to be the transferee of a transfer to
                    be made in
                    accordance with (ii) above, Party B shall (at Party A’s
                    cost) at Party A’s written request, take any reasonable steps required to
                    be taken by it to effect such
                    transfer.

                

        

        
          
             

          

          
            15

            
              

            

          

          
             

          

        

        

        

        
          	
                  (r)

                	
                  Tax.

                

        

        

        Notwithstanding
          the
definition
          of
“Indemnifiable Tax” in Section 14 of this Agreement, in relation to payments by
          Party A, any Tax shall be an Indemnifiable Tax and, in relation to payments
          by
          Party B, no Tax shall be an Indemnifiable Tax.

        

        
          	
                  (s)

                	
                  Rating
                    Agency Notifications.

                

        

        

        Notwithstanding
          any other provision of this Agreement, this Agreement shall not be amended,
          no
          Early Termination Date shall be effectively designated by Party B, and
          no
          transfer of any rights or obligations under this Agreement shall be made
          (other
          than a transfer of all of Party A’s rights and obligations with respect to this
          Agreement in accordance with Part 5(q)(ii) above) unless Moody’s has been given
          prior written notice of such amendment, designation or transfer.

        

        

        [remainder
          of page intentionally left blank]

         

        
          
             

          

          
            16

            
              

            

          

          
             

          

        

        

         

        IN
          WITNESS WHEREOF,
          the
          parties have executed this Schedule by their duly authorized officers as
          of the
          date hereof.

         

        

        
          	
                  SWISS
                    RE FINANCIAL PRODUCTS CORPORATION

                	 	
                  WELLS
                    FARGO BANK, N.A., not individually but solely as trustee for
                    Carrington
                    Mortgage Loan Trust, Series 2007-RFC1 with respect to the Carrington
                    Mortgage Loan Trust, Series 2007-RFC1 Asset-Backed Pass-Through
                    Certificates

                
	
                   

                   

                   

                   

                  /s/
                    Robert Spuler

                	 	
                   

                   

                   

                   

                  /s/
                    Darron
                    C. Woodus

                
	
                  Name:
                    Robert Spuler

                	 	
                  Name:
                    Darron C. Woodus

                
	
                  Title:
                    Senior Vice President

                	 	
                  Title:
                    Assistant Vice President

                

        

        

        

        
          
             

          

          
            17EXHIBIT
      4.5

    

    FORM
      OF WARRANT

    

    THE
      WARRANT EVIDENCED OR CONSTITUTED HEREBY, AND ALL SHARES OF COMMON STOCK
      DELIVERABLE UPON EXERCISE HEREUNDER, HAVE BEEN AND WILL BE ISSUED WITHOUT
      REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (“THE ACT”) AND MAY
      NOT BE SOLD, OFFERED FOR SALE, TRANSFERRED, PLEDGED OR HYPOTHECATED WITHOUT
      REGISTRATION UNDER THE ACT UNLESS EITHER (A) THE COMPANY HAS RECEIVED AN OPINION
      OF COUNSEL, IN FORM AND SUBSTANCE REASONABLY SATISFACTORY TO THE COMPANY, TO
      THE
      EFFECT THAT REGISTRATION IS NOT REQUIRED IN CONNECTION WITH SUCH DISPOSITION
      OR
      (B) THE SALE OF SUCH SECURITIES IS MADE PURSUANT TO SECURITIES AND EXCHANGE
      COMMISSION RULE 144.

    

    Date:
      December 29, 2006

    

    WARRANT
      TO PURCHASE COMMON STOCK

    

    OF

    

    LUCY’S
      CAFE, INC.

    

    (Subject
      to Adjustment)

    

    

    THIS
      CERTIFIES THAT, for value received, Hunter World Markets, Inc.
      (“Holder”), is entitled, subject to the terms and conditions of this
      Warrant, at any time or from time to time on or after October 1, 2007 (the
      “Effective Date”), to purchase up to four million ninety four thousand
      (4,094,000) shares of common stock, par value $0.001 per share (the “Warrant
      Shares”), from Lucy’s Cafe, Inc., a Nevada corporation (the “Company”), at an
      exercise price per share equal to one dollar and fifty cents ($1.50) (the
“Purchase Price). This Warrant shall expire at 5:00 p.m. Pacific time on that
      date which is sixty (60) months from the date of this Warrant (the “Expiration
      Date”).
      Both
      the number of shares of Common Stock purchasable upon exercise of this Warrant
      (the “Warrant
      Shares”)
      and
      the Purchase Price are subject to adjustment and change as provided herein.
      This
      Warrant is issued in connection with that certain Placement Agent Agreement
      executed by and among the Company and Holder.

    

    1.
      CERTAIN
      DEFINITIONS.
      As used
      in this Warrant the following terms shall have the following respective
      meanings:

    

    “1933
      Act”
shall
      mean the Securities Act of 1933, as amended.

    

    “Common
      Stock”
shall
      mean the Common Stock of the Company and any other securities at any time
      receivable or issuable upon exercise of this Warrant.

    

    “Fair
      Market Value”
or
      “FMV”
of
      a
      share of Common Stock as of a particular date shall mean:

    

    (a)
      If
      traded on a securities exchange, the Nasdaq National Market or the Nasdaq Small
      Cap Market, the Fair Market Value shall be deemed to be the average of the
      closing prices of the Common Stock of the Company on such exchange or market
      over the five (5) business days ending immediately prior to the applicable
      date
      of valuation;

    

    (b)
      If
      actively traded over-the-counter, the Fair Market Value shall be deemed to
      be
      the average of the closing bid prices over the 14-day period ending immediately
      prior to the applicable date of valuation; and

    

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

    

    (c)
      If
      there is no active public market, the Fair Market Value shall be the value
      as
      determined in good faith by the Company’s Board of Directors upon a review of
      relevant factors, including due consideration of the Registered Holders’
determination of the value of the Company.

    

    “Placement
      Agreement”
shall
      mean that Placement Agent Agreement dated December 14, 2006, by and between
      InterMetro Communications, Inc. and Holder.

    

    “SEC”
shall
      mean the Securities and Exchange Commission.

     

    

    2.
      EXERCISE
      OF WARRANT

    

    2.1
      Payment.
      Subject
      to compliance with the terms and conditions of this Warrant and applicable
      securities laws, this Warrant may be exercised, in whole or in part at any
      time
      or from time to time, on or after the Effective Date until the Expiration Date
      by the delivery (including, without limitation, delivery by facsimile) of the
      form of Notice of Exercise attached hereto as Exhibit
      1
      (the
“Notice
      of Exercise”),
      duly
      executed by the Holder, at the address of the Company as set forth herein,
      and
      as soon as practicable after such date,

    

    (a)
      surrendering this Warrant at the address of the Company, and either

    

    (b)
      providing payment, by check or by wire transfer, of an amount equal to the
      product obtained by multiplying the number of shares of Common Stock being
      purchased upon such exercise by the then effective Purchase Price (the
“Exercise
      Amount”),
      or

    

    (c)
      electing, by written notice to the Company on the Notice of Exercise duly
      executed by the Holder, to receive a number of Warrant Shares, determined in
      accordance with the formula set forth below (the “Election”), in which event the
      Company shall issue to the Holder a number of Warrant Shares computed using
      the
      following formula:

    

    X=
      Y(A-B)

    A

    

    Where
      X =
      The number of Warrant Shares to be issued to the Holder upon an
      Election.

    

    
      	 	
              Y
                =

            	
              The
                number of Warrant Shares in respect of which this Warrant is being
                exercised as adjusted to the date of the
                Election.

            

    

    

    
      	 	
              A
                =

            	
              The
                FMV of one Warrant Share on the date that the relevant Notice of
                Exercise
                is received by the Company.

            

    

    

    
      	 	
              B
                =

            	
              The
                Purchase Price (as adjusted to the date of the Election) in accordance
                with Section 4 hereof

            

    

    

    2.2
      Common
      Stock Certificates; Fractional Shares.
      As soon
      as practicable on or after the date of an exercise of this Warrant, the Company
      shall deliver to the person or persons entitled to receive the same a
      certificate or certificates for the number of whole shares of Common Stock
      issuable upon such exercise. No fractional shares or scrip representing
      fractional shares of Common Stock shall be issued upon an exercise of this
      Warrant.

    

    2.3
      Partial
      Exercise: Effective Date of Exercise.
      In case
      of any partial exercise of this Warrant, the Holder and the Company shall cancel
      this Warrant upon surrender hereof and shall execute and deliver a new Warrant
      of like tenor and date for the balance of the shares of Common Stock purchasable
      hereunder. This Warrant shall be deemed to have been exercised immediately
      prior
      to the close of business on the date of its surrender for exercise as provided
      above. The Company acknowledges that the person entitled to receive the shares
      of Common Stock issuable upon exercise of this Warrant shall be treated for
      all
      purposes as the holder of record of such shares as of the close of business
      on
      the date the Holder is deemed to have exercised this Warrant.

    

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    3.
      TAXES.
      The
      Company shall pay all taxes and other governmental charges that may be imposed
      in respect of the delivery of shares upon exercise of this Warrant; provided,
      however
      , that
      the Company shall not be required to pay any tax or other charge imposed in
      connection with any transfer involved in the delivery of any certificate for
      shares of Common Stock in any name other than that of the Holder of this
      Warrant, and in such case the Company shall not be required to deliver any
      stock
      certificate until such tax or other charge has been paid, or it has been
      established to the Company’s reasonable satisfaction that no tax or other charge
      is due.

    

    4.
      ADJUSTMENT
      OF PURCHASE PRICE AND NUMBER OF COMMON STOCK.
      The
      number of shares of Common Stock deliverable upon exercise of this Warrant
      (or
      any shares of stock or other securities or property receivable upon exercise
      of
      this Warrant) and the Purchase Price are subject to adjustment upon occurrence
      of the following:

    

    4.1
      Adjustment
      for Stock Splits, Stock Subdivisions or Combinations of Shares of Common
      Stock.
      The
      Purchase Price of this Warrant shall be proportionally decreased and the number
      of shares of Common Stock deliverable upon exercise of this Warrant (or any
      shares of stock or other securities at the time deliverable upon exercise of
      this Warrant) shall be proportionally increased to reflect any stock split
      or
      subdivision of the Company’s Common Stock. The Purchase Price of this Warrant
      shall be proportionally increased and the number of shares of Common Stock
      deliverable upon exercise of this Warrant (or any shares of stock or other
      securities at the time deliverable upon exercise of this Warrant) shall be
      proportionally decreased to reflect any combination of the Company’s Common
      Stock.

    

    4.2
      Adjustment
      for Dividends or Distributions of Stock or Other Securities or
      Property.
      In case
      the Company shall make or issue, or shall fix a record date for the
      determination of eligible holders entitled to receive, a dividend or other
      distribution with respect to the Common Stock (or any shares of stock or other
      securities at the time issuable upon exercise of the Warrant) payable in (a)
      securities of the Company or (b) assets (excluding cash dividends paid or
      payable solely out of retained earnings), then, in each such case, the
      Registered Holder of this Warrant on exercise hereof at any time after the
      consummation, effective date or record date of such dividend or other
      distribution, shall receive, in addition to the shares of Common Stock (or
      such
      other stock or securities) issuable on such exercise prior to such date, and
      without the payment of additional consideration therefor, the securities or
      such
      other assets of the Company to which such Holder would have been entitled upon
      such date if such Holder had exercised this Warrant immediately prior to such
      making, issuance or record date.

    

    4.3
      Reclassification,
      Conversion.
      If the
      Company, by reclassification of securities or conversion of securities or
      otherwise, shall change any of the securities as to which purchase rights under
      this Warrant exist into the same or a different number of securities of any
      other class or classes, this Warrant shall thereafter represent the right to
      acquire such number and kind of securities as would have been issuable if this
      Warrant had been exercised immediately prior to such reclassification or
      conversion or other change and the Purchase Price therefore shall be
      appropriately adjusted, all subject to further adjustment as provided in this
      Section 4. 

    

    4.4
      Adjustment
      for Capital Reorganization. Merger or Consolidation.
      In case
      of any capital reorganization of the capital stock of the Company (other than
      a
      combination, reclassification, exchange or subdivision of shares otherwise
      provided for herein), or any merger or consolidation of the Company with or
      into
      another corporation, or the sale of all or substantially all the assets of
      the
      Company then, and in each such case, as a part of such reorganization, merger,
      consolidation, sale or transfer, lawful provision shall be made so that the
      Holder of this Warrant shall thereafter be entitled to receive upon exercise
      of
      this Warrant, during the period specified herein and upon payment of the
      Purchase Price then in effect, the number of shares of stock or other securities
      or property of the successor corporation resulting from such reorganization,
      merger, consolidation, sale or transfer that a holder of the shares deliverable
      upon exercise of this Warrant would have been entitled to receive in such
      reorganization, consolidation, merger, sale or transfer if this Warrant had
      been
      exercised immediately before such reorganization, merger, consolidation, sale
      or
      transfer, all subject to further adjustment as provided in this Section 4.
      The
      foregoing provisions of this Section 4.4 shall similarly apply to successive
      reorganizations, consolidations, mergers, sales and transfers and to the stock
      or securities of any other corporation that are at the time receivable upon
      the
      exercise of this Warrant. If the per-share consideration payable to the Holder
      hereof for shares in connection with any such transaction is in a form other
      than cash or marketable securities, then the value of such consideration shall
      be determined in good faith by the Company’s Board of Directors. In all events,
      appropriate adjustment (as determined in good faith by the Company’s Board of
      Directors) shall be made in the application of the provisions of this Warrant
      with respect to the rights and interests of the Holder after the transaction,
      to
      the end that the provisions of this Warrant shall be applicable after that
      event, as near as reasonably may be, in relation to any shares or other property
      deliverable after that event upon exercise of this Warrant.

    

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    5.
      LOSS
      OR MUTILATION.
      Upon
      receipt of evidence reasonably satisfactory the Company of the ownership of
      and
      the loss, theft, destruction or mutilation of this Warrant, and of indemnity
      reasonably satisfactory to him, and (in the case of mutilation) upon surrender
      and cancellation of this Warrant, the Company will cause to be executed and
      delivered in lieu thereof a new Warrant of like tenor as the lost, stolen,
      destroyed or mutilated Warrant.

    

    6.
      REPRESENTATION AND
      COVENANT.
      The
      Company hereby covenants that all shares issuable upon exercise of this Warrant,
      when delivered upon such exercise, shall be validly issued, fully paid and
      nonassessable and free and clear of all liens, security interests, charges
      and
      other encumbrances or restrictions on sale and free and clear of all preemptive
      rights, except encumbrances or restrictions arising under federal or state
      securities laws. Further, the Company hereby covenants to reserve such number
      of
      authorized but unissued shares of Common Stock as needed for issuance upon
      exercise of this Warrant.

    

    7.
      TRANSFER. This Warrant may not be transferred by the Holder without the prior
      written consent of the Company, which consent may not be unreasonably withheld,
      unless such transfer is to (i) any principal, shareholder, director or officer
      of the Holder, (ii) to any spouse, ancestor, descendant of any person referred
      to in clause (i), or (iii) any trust established for the benefit of any person
      referred to in clause (i) or clause (ii), or (iv) any person or entity
      controlling, controlled by or under common control with Holder. In the event
      of
      a transfer to which the Company has previously consented in writing, this
      Warrant and all rights hereunder may be transferred by the Holder upon delivery
      of the form of Assignment attached hereto as Exhibit
      2
      (the
“Assignment”),
      duly
      executed by the Holder, surrender of this Warrant properly endorsed at the
      address of the Company and payment of any necessary transfer tax or other
      governmental charge imposed upon such transfer. Upon any partial transfer,
      the
      Holder and Company will cause to be issued and delivered to the Holder a new
      Warrant or Warrants with respect to the portion of this Warrant not so
      transferred. Each taker and holder of this Warrant, by taking or holding the
      same, consents and agrees that when this Warrant shall have been so endorsed,
      the person in possession of this Warrant may be treated by the Company, and
      all
      other persons dealing with this Warrant, as the absolute owner hereof for any
      purpose and as the person entitled to exercise the rights represented hereby,
      any notice to the contrary notwithstanding; provided, however that until a
      transfer of this Warrant is duly registered on the books of the Company, the
      Company may treat the Holder hereof as the owner for all purposes.

    

    8.
      REGISTRATION.
      Any
      shares of Common Stock issuable hereunder shall be deemed “Registrable
      Securities” under that certain Additional Registration Rights Agreement dated
      December 29, 2006, by and between Lucy’s Cafe, Inc. and the Holder.

    

    9.
      RESTRICTIONS
      ON TRANSFER.
      The
      Holder, by acceptance hereof, agrees that, absent an effective registration
      statement filed with the SEC under the 1933 Act, covering the disposition or
      sale of this Warrant or the Common Stock issued or issuable upon exercise hereof
      or the Common Stock issuable upon conversion thereof, as the case may be, and
      registration or qualification under applicable state securities laws, such
      Holder will not sell, transfer, pledge, or hypothecate any or all such Warrants
      or Common Stock, as the case may be, unless either (i) the Company has received
      an opinion of counsel, in form and substance reasonably satisfactory to the
      Company, to the effect that such registration is not required in connection
      with
      such disposition or (ii) the sale of such securities is made pursuant to SEC
      Rule 144.

    

    10.
      COMPLIANCE
      WITH SECURITIES LAWS.
      By
      acceptance of this Warrant, the Holder hereby represents, warrants and covenants
      that he/she/it is an “accredited investor” as that term is defined under Rule
      501 of Regulation D, that any shares of stock purchased upon exercise of this
      Warrant or acquired upon conversion thereof shall be acquired for investment
      only and not with a view to, or for sale in connection with, any distribution
      thereof, that the Holder has had such opportunity as such Holder has deemed
      adequate to obtain from representatives of the Company such information as
      is
      necessary to permit the Holder to evaluate the merits and risks of its
      investment in the Company; that the Holder is able to bear the economic risk
      of
      holding such shares as may be acquired pursuant to the exercise of this Warrant
      for an indefinite period; that the Holder understands that the shares of stock
      acquired pursuant to the exercise of this Warrant or acquired upon conversion
      thereof will not be registered under the 1933 Act (unless otherwise required
      pursuant to exercise by the Holder of the registration rights, if any,
      previously granted to the Holder) and will be “restricted securities” within the
      meaning of Rule 144 under the 1933 Act and that the exemption from registration
      under Rule 144 will not be available for at least one year from the date of
      exercise of this Warrant, and even then will not be available unless a public
      market then exists for the stock, adequate information concerning the Company
      is
      then available to the public, and other terms and conditions of Rule 144 are
      complied with; and that all stock certificates representing shares of stock
      issued to the Holder upon exercise of this Warrant or upon conversion of such
      shares may have affixed thereto a legend substantially in the following
      form:

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    

      THE
        SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
        ACT
        OF 1933, AS AMENDED (THE “ACT”), OR UNDER THE SECURITIES LAWS OF ANY STATE.
        THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE
        AND
        MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE ACT AND ANY
        APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION OR EXEMPTION
        THEREFROM. INVESTORS SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE
        FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME. THE
        ISSUER
        OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE
        SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE
        IS
        IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES
        LAWS.

    

    

    11.
      NO
      RIGHTS OR LIABILITIES AS STOCKHOLDERS.
      This
      Warrant shall not entitle the Holder to any voting rights or other rights as
      a
      stockholder of the Company. In the absence of affirmative action by such Holder
      to purchase Common Stock by exercise of this Warrant, no provisions of this
      Warrant, and no enumeration herein of the rights or privileges of the Holder
      hereof shall cause such Holder hereof to be a holder of the Company for any
      purpose.

    

    12.
      NOTICES.
      All
      notices and other communications required or permitted hereunder shall be in
      writing and shall be mailed by registered or certified mail, postage prepaid,
      return receipt requested, or by telecopier, or by email or otherwise delivered
      by hand or by messenger, addressed or telecopied to the person to whom such
      notice or communication is being given at its address set forth after its
      signature hereto. In order to be effective, a copy of any notice or
      communication sent by telecopier or email must be sent by registered or
      certified mail, postage prepaid, return receipt requested, or delivered
      personally to the person to whom such notice or communication is being at its
      address set forth after its signature hereto. If notice is provided by mail,
      notice shall be deemed to be given five (5) business days after proper deposit
      with the United States mail or nationally recognized overnight courier, or
      immediately upon personally delivery thereof, to person to whom such notice
      or
      communication is being at such address. If notice is provided by telecopier,
      notice shall be deemed to be given upon confirmation by the telecopier machine
      of the receipt of such notice at the telecopier number provided above. If notice
      is provided by email, notice shall be deemed to be given upon confirmation
      by
      the sender’s email program of the receipt of such notice at the email address
      provided after the signature of the person to whom such notice or communication
      is being. The addresses set forth after the signatures hereto may be changed
      by
      written notice complying with the terms of this Section 12.

    

    13.
      HEADINGS.
      The
      headings in this Warrant are for purposes of convenience in reference only,
      and
      shall not be deemed to constitute a part hereof.

    

    14.
      LAW
      GOVERNING.
      This
      Warrant shall be construed and enforced in accordance with, and governed by,
      the
      laws of the State of California, without giving effect to the principles of
      conflicts of law.

    

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    15.
      NOTICES
      OF RECORD DATE.
      In
      case:

    

    15.1
      the
      Company shall take a record of the holders of its Common Stock (or other stock
      or securities at the time receivable upon the exercise of this Warrant), for
      the
      purpose of entitling them to receive any dividend or other distribution, or
      any
      right to subscribe for or purchase any shares of stock of any class or any
      other
      securities or to receive any other right; or

    

    15.2
      of
      any consolidation or merger of the Company with or into another corporation,
      any
      capital reorganization of the Company, any reclassification of the capital
      stock
      of the Company, or any conveyance of all or substantially all of the assets
      of
      the Company to another corporation in which holders of the Company’s stock are
      to receive stock, securities or property of another corporation; or

    

    15.3
      of
      any voluntary or involuntary dissolution, liquidation or winding-up of the
      Company; or

    

    15.4
      of
      any redemption of any outstanding capital stock of the Company; then, and in
      each such case, the Company will mail or cause to be mailed to the Holder of
      this Warrant a notice specifying, as the case may be, (i) the date on which
      a
      record is to be taken for the purpose of such dividend, distribution or
      right and
      the
      amount and character of any such dividend, distribution or right, or (ii) the
      date on which such reorganization, reclassification, consolidation, merger,
      conveyance, dissolution, liquidation, winding-up, redemption or conversion
      is to
      take place, and the time, if any is to be fixed, as of which the holders of
      record of Common Stock (or such stock or securities as at the time are
      receivable upon the exercise of this Warrant) shall be entitled to exchange
      their shares of Common Stock (or such other stock or securities) for securities
      or other property deliverable upon such reorganization, reclassification,
      consolidation, merger, conveyance, dissolution, liquidation or winding-up.
      Such
      notice shall be delivered at least thirty (30) days prior to the date therein
      specified.

    

    16.
      SEVERABILITY.
      If any
      term, provision, covenant or restriction of this Warrant is held by a court
      of
      competent jurisdiction to be invalid, void or unenforceable, the remainder
      of
      the terms, provisions, covenants and restrictions of this Warrant shall remain
      in full force and effect and shall in no way be affected, impaired or
      invalidated.

    

    17.
      COUNTERPARTS.
      For the
      convenience of the parties, any number of counterparts of this Warrant may
      be
      executed by the parties hereto and each such executed counterpart shall be,
      and
      shall be deemed to be, an original instrument.

    

    18.
      SATURDAYS,
      SUNDAYS AND) HOLIDAYS.
      If the
      Expiration Date falls on a Saturday, Sunday or legal holiday, the Expiration
      Date shall automatically be extended until 5:00 p.m. on the next business
      day.

    

    [SIGNATURE
      PAGE TO FOLLOW]

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF, the parties hereto have executed this Warrant as of date first
      written above.

    

    

    
      	
              LUCY’S
                CAFE, INC.

               

               

              By:
                _________________________________

              Name:
                Charles Rice

              Title:
                President and Chief Executive Officer

            	
              HUNTER
                WORLD MARKETS, INC.

               

               

              By:
                _________________________________

              Name:
                Todd Ficeto

              Title:
                President

            
	 	 
	
              Address
                for Notices:

            	
              Address
                for Notices:

            
	 	 
	
              2685
                Park Center Drive, Building

              Simi
                Valley, California 93065

            	
              9300
                Wilshire Blvd.

              Penthouse
                Suite

              Beverly
                Hills, CA 90212

              Attn:
                Todd Ficeto

            

    

     

    
      
        
        

      

      
        -7-

        
          

        

      

      
        
        

      

    

    

    EXHIBIT
      1

    

    NOTICE
      OF EXERCISE

    

    (To
      be
      executed upon exercise of Warrant)

    

    
      	
              _________________

            	
              WARRANT
                NO. ___

            

    

    

    The
      undersigned hereby irrevocably elects to exercise the right of purchase
      represented by the within Warrant Certificate for, and to purchase thereunder,
      securities of Lucy’s Cafe, Inc., as provided for therein, and (check the
      applicable box):

    

    
      	 	
               ̈

            	
              Tenders
                herewith payment of the exercise price in full in the form of cash
                or a
                certified or official bank check in same-day funds in the amount
                of
                $____________ for _________ such
                securities.

            

    

    

    
      	 	
               ̈

            	
              If
                applicable pursuant to the cashless exercise feature set forth in
                Section
                2.1(c).

            

    

    

    Please
      issue a certificate or certificates for such securities in the name of, and
      pay
      any cash for any fractional share to (please print name, address and social
      security number):

     

    
      	
              Name:
                

            	
              _____________________

            
	 	 
	
              Address:
                

            	
              _____________________

            
	 	 
	
              Signature:
                

            	
              _____________________

            

    

    

    Note:
      The
      above signature should correspond exactly with the name on the first page of
      this Warrant Certificate or with the name of the assignee appearing in the
      assignment form below.

    

    If
      said
      number of shares shall not be all the shares purchasable under the within
      Warrant Certificate, a new Warrant Certificate is to be issued in the name
      of
      said undersigned for the balance remaining of the shares purchasable thereunder
      rounded up to the next higher whole number of shares.

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

    

    EXHIBIT
      2

    

    ASSIGNMENT

    

    
      	
              (To
                be executed only upon assignment of Warrant
                Certificate)

            	
              WARRANT
                NO.__

            

    

    

    For
      value
      received, _________ hereby sells, assigns and transfers unto
      _______________________ the within Warrant Certificate, together with all right,
      title and interest therein, and does hereby irrevocably constitute and appoint
      _______________________ attorney, to transfer said Warrant Certificate on the
      books of the within-named Company with respect to the number of Warrants set
      forth below, with full power of substitution in the premises:

    

    
      	
              Name(s)
                of Assignee(s)

            	 	
              Address

            	 	
              #
                of Warrants

            
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 

    

    

    And
      if
      said number of Warrants shall not be all the Warrants represented by the Warrant
      Certificate, a new Warrant Certificate is to be issued in the name of said
      undersigned for the balance remaining of the Warrants registered by said Warrant
      Certificate.

    

    Dated:
      __________ , 200_

    

    Signature:
      _____________________

    

    Notice:
      The signature to the foregoing Assignment must correspond to the name as written
      upon the face of this security in every particular, without alteration or any
      change whatsoever; signature(s) must be guaranteed by an eligible guarantor
      institution (banks, stock brokers, savings and loan associations and credit
      unions with membership in an approved signature guarantee medallion program)
      pursuant to Securities and Exchange Commission Rule l7Ad-15.

    

    
      
        
        

      

      
        -9-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]