Document:

Work Letter Agreement

 EXHIBIT 10.28 
 THE WORK LETTER AGREEMENT 
 March 28, 2006 
 InfoSpace, Inc. (hereinafter called “Customer”) and Fisher Media Services Company (hereinafter called “Fisher”) are executing simultaneously with
this Work Letter Agreement a written Co-Location Agreement (the “Agreement”) for space commonly known as Suite 300 (the “Co-Location Space”) of Fisher Plaza West (the “Building”) located at 100 Fourth Avenue North,
Seattle, WA 98109. As further consideration to entering into the Agreement, Fisher and Customer mutually agree to the following conditions of this Work Letter Agreement: 
  

	1.	THE WORK 

  

	 	a.	As used in the Agreement (including this Exhibit), “Tenant Improvements” shall include all work to be done in the Co-Location Space, the Meet Me Room and the Cable
Distribution Facilities (defined below) connecting the Co-Location Space to the Meet Me Room pursuant to the Final Agreed Plans described in Section 1(d) below, including, but not limited to installation of HVAC systems and electrical
infrastructure including panels, wiring, cabling, conduits, and UPS systems consistent with the Building Standards set forth in Exhibit D to the Agreement. As used herein, “Cable Distribution Facilities” means the areas within the Building
comprised of the info-riser shaft(s), the conduits or other means of exiting the info-riser or info-structure, and the cable trays, raceways or conduits providing the horizontal distribution pathway from the info-riser to a destination elsewhere in
the Building. 

  

	 	b.	Fisher agrees to obtain architectural, mechanical, and electrical plans required for the performance of the tenant improvement work addressed in this Work Letter Agreement,
including plans and specifications for the Tenant Improvements. In addition, Fisher shall obtain the appropriate building permits and construct the Tenant Improvements in accordance with the Final Agreed Plans. Customer and Fisher agree to cooperate
with each other in the completion of the Tenant Improvements by responding to each party’s requests for information in a timely fashion. 

  

	 	c.	“Plans and Specifications” are defined as those construction drawings and specifications which are prepared by Fisher’s architect in accordance with this Work Letter
Agreement and which present a full and complete accounting of the scope of the Tenant Improvements. The preliminary Plans and Specifications shall be based on the program requirements set forth on Exhibit C-1 attached hereto (“Program
Requirements”). 

  

	 	d.	“Final Agreed Plans” are defined as those Plans and Specifications which have been reviewed and approved by both Fisher and Customer and signed by Customer as provided for
in Section 2 of this Work Letter Agreement. 

  

	 	e.	Any and all costs, including but not limited to the cost of architectural, mechanical and electrical plans, required permits and labor and materials required in connection with the
Tenant Improvements will, subject to the terms and conditions of this Work Letter Agreement, be at Customer’s sole cost and expense and shall be paid for in accordance with Section 3 below. 

  

	2.	ADMINISTRATION OF FINAL AGREED PLANS: 

  

	 	a.	Customer has provided Fisher’s architect with Customer’s Program Requirements and all specifications necessary to enable Fisher’s architect to prepare Plans and
Specifications for the Tenant Improvements consistent with the Program Requirements. 

  

 1 

	 	b.	The Plans and Specifications shall be promptly completed and provided to Customer by Fisher and are to be approved or any revisions identified by Customer and returned to Fisher
within five (5) business days after Customer’s receipt of the Plans and Specifications. Any further revisions by Fisher shall similarly be responded to by Customer within five (5) business days after Customer’s receipt of the
Plans and Specifications. Failure by Customer to provide a timely approval to Fisher of these Plans and Specifications may delay Fisher’s efforts to complete the Tenant Improvements. Such delay caused by Customer shall not alter the Agreement
Commencement Date nor release Customer of its obligation to pay all Fees as they may fall due under the Agreement as if the delay had not occurred. In addition, if Fisher is required to make more that three (3) sets of revisions to the Plans
and Specifications solely to accommodate Customer’s requests, the delay attributable to the additional revisions shall not alter the Commencement Date nor the Customer’s obligations under the Agreement. 

  

	 	c.	After the Plans and Specifications are approved and initialed by Fisher and Customer they become the Final Agreed Plans and shall be attached to this Agreement as Exhibit B-1 and
become a part of the Agreement and this Work Letter Agreement. 

  

	 	d.	Revisions to the Final Agreed Plans, if any, are to be accommodated by Field Change Orders. A “Field Change Order” is a document which outlines the scope of a requested
change to any work set forth in the Final Agreed Plans and bears the signature of Customer and Fisher representatives approving such change in scope. All such plans, specifications, and Field Change Orders shall be approved by Fisher and Customer
prior to being executed or acted upon by the Contractor. In order to avoid delays in construction, in the event the cost of the work included in a Field Change Order request is Ten Thousand Dollars ($10,000) or less, Customer will provide the
necessary approval orally without requiring the documentation set forth above, with written confirmation to follow. In the event the Field Change Order (other than a discretionary change order initiated by Fisher) increases the construction cost,
Customer shall be solely responsible for such increased cost and shall pay the same to Fisher in accordance with Section 3 of this Work Letter Agreement. Fisher agrees that the Tenant Improvements shown in the draft plans to be approved and
used for bidding and negotiations with the contractor will be consistent with and will be considered Building Standard improvements. 

  

	 	e.	Customer agrees that it shall designate a field representative who shall be available on not more than four (4) hours notice to be present at the job site to respond to
questions and Field Change Order issues. Customer agrees to approve or disapprove any Field Change Order within one (1) business day of receipt of same. 

  

	 	f.	Fisher will have relied exclusively upon the representations made by Customer, Customer’s agent(s), and representative(s) in the development of Customer’s improvements
requirements. Fisher and Customer agree that the Final Agreed Plans, once approved by Fisher and signed by Customer, shall represent the complete understanding between Fisher and Customer as to the scope of improvements to be provided under the
Agreement and this Work Letter. 

  

	 	g.	 Customer acknowledges that Fisher intends to use Sellen Construction (“Contractor”) for performance of the work. The Contractor will be entitled to a
contractor’s fee and general conditions fee (not to exceed the current market rate for such fees). Upon receipt of the Contractor’s cost of construction, Fisher shall provide Customer with (a) a detailed breakdown of the cost of
furnishing and installing the Tenant Improvements, including, without limitation: the cost of constructing improvements; the cost of preparing engineering plans; governmental agency plan check, permit and other fees; sales and use taxes; signage;
and all other costs to be expended by Fisher in the construction of the Tenant Improvements (collectively, the “Cost of Tenant Improvements”); (b) the estimated schedule for completion of the Tenant Improvements; and
(c) the proposed form of a design-build, guaranteed maximum price contract to be entered into by Fisher and Contractor for the construction of the Tenant 

  

 2 

	 	 
Improvements (the “Construction Contract”). The Cost of Tenant Improvements shall, in addition, include all expenses and “soft costs”
incurred by Fisher, such as construction management fees and the fees of the architect in preparing the Plans and Specifications and any bid documents. Customer shall have the right to approve in writing the estimated Cost of Tenant Improvements and
the proposed Construction Contract after completion of value engineering, if necessary. No construction of Tenant Improvements shall commence until such approval is received by Fisher and Fisher has entered into the Construction Contract with the
Contractor chosen by Fisher and Customer. The guaranteed maximum price set forth in the Construction Contract shall not exceed the Cost of Tenant Improvements approved by Customer, and shall not be increased thereafter without Customer’s prior
written consent. The parties agree to comply with the “Project Schedule” that is attached hereto as Exhibit C-2. In the event Customer fails to provide its approval or other required response on or before the date on which it is required
to be provided or within the time it is required on the Project Schedule it shall be considered a “Customer Delay” and the delay attributable to Customer Delays shall not alter the Commencement Date. Provided, however, that if Fisher fails
to comply with the Project Schedule (a “Fisher Delay”) with respect to any element that requires subsequent Customer action (for example not completing plans requiring Customer review and approval by the date specified in the Project
Schedule), then the time for Customer’s performance shall automatically be extended by the period of time of the corresponding Fisher Delay. 

  

	3.	PAYMENT FOR TENANT IMPROVEMENTS 

  

	 	a.	Customer shall reimburse Fisher for the Cost of Tenant Improvements that are consistent with the final agreed-upon budget and approved Field Change Orders in connection with the
Tenant Improvements, including without limitation the following: 

 (1) Payment of the cost of preparing the space plan and the
final working drawings and specifications, including mechanical, electrical, plumbing and structural drawings and of all other aspects of the Final Agreed Plans. 
 (2) The payment of plan check, permit and license fees relating to construction of the Tenant Improvements. 
 (3) Construction of all Tenant Improvements. 
 (4) All other costs incurred by Fisher in connection with the tenant improvement work
addressed in this Work Letter Agreement, including without limitation design fees, agreed-upon construction management fees, the cost of building engineer coordination services and sales tax. 
  

	 	b.	Within five (5) days of Fisher’s receipt of any invoice or pay request related to the Tenant Improvements, Fisher shall provide Customer with a copy of such invoice or pay
request. Customer shall pay to Fisher the amount charged on such invoices and/or pay requests within ten (10) of Customer’s receipt of a copy of the same from Fisher, provided such invoice contains backup documentation reasonably
sufficient to describe the work performed. 

  

	 	c.	After the Final Agreed Plans have been prepared and the Cost of Tenant Improvements agreed upon by Fisher and Customer, Customer may request changes or substitutions to the Final
Agreed Plans, provided that any additional costs thereof shall be paid by Customer to Fisher. Fisher shall have the right to decline Customer’s request for a change to the Final Agreed Plans if the change would, in Fisher’s opinion, delay
construction of the Tenant Improvements, unless Customer agrees in writing to the consequences of such delay. 

  

 3 

	 	d.	Fisher shall keep accurate records of the Cost of Tenant Improvement as they are incurred during construction. Customer shall have a right of reasonable access to such records and
to all Tenant Improvement construction-related records. Customer and Fisher shall cooperate in good faith to provide this access while minimizing interference with Fisher’s operations. Not less often than monthly during construction, Fisher
shall furnish Customer with a summary report of such costs incurred since the date of the last report. Not later than sixty (60) days after the date of Fisher’s completion of punchlist items and final inspections issuance of a final permit
“sign-offs” by the City of Seattle for the Co-Location Space, Fisher shall submit to Customer an itemized, detailed statement of actually incurred Tenant Improvement costs . Customer shall have the right to review all available
documentation of actually incurred Tenant Improvement costs. The parties shall consult in good faith in an attempt to resolve any questions or objections raised by Customer concerning the statement of actually incurred Tenant Improvement costs. In
the event that the cost of Fisher’s Work increases due to the requirements of any governmental agency, Customer shall pay Fisher the amount of such increase within five (5) business days of Fisher’s written notice provided that such
changes shall be processed through the Field Change Order process set forth above. 

  

	4.	CONSTRUCTION OF TENANT IMPROVEMENTS 

 a. After the
Final Agreed Plans have been prepared and approved, the final Cost of Tenant Improvements has been approved by Fisher and Customer and a building permit for the Tenant Improvements has been issued, Fisher shall enter into the Construction Contract
with a guaranteed maximum price with the Contractor for the installation of the Tenant Improvements in accordance with the Final Agreed Plans. Fisher’s Construction Contract shall require the Contractor to construct the Tenant Improvements in a
good and workmanlike manner and in compliance with all applicable laws. Fisher shall supervise the completion of such work and shall use its best efforts to secure Substantial Completion (as defined below) of the work as soon as reasonably
practicable. The cost of such work shall be paid as provided in Section 3 hereof. Fisher shall not be liable for any direct or indirect damages as a result of delays in construction. Fisher shall not authorize any change orders, changes to the
Final Agreed Plans or increases in cost without Customer’s prior written (or oral as allowed by Section 2d above) approval which, if the change is necessitated by the requirements of any governmental agency, shall not be unreasonably
withheld or conditioned, but otherwise shall be within Customer’s full and complete discretion. 
 b. The Construction Contract shall
provide that all of the Tenant Improvement work shall be carried out with good workmanship and with new materials, which shall all be of a high quality and conforming to the workmanlike standards of practice, and shall not be in contravention of the
laws, codes or regulations of the City of Seattle or any other authority having jurisdiction. 
 c. Fisher shall cause the Contractor to use
reasonable efforts to complete all punch list items within thirty (30) days after creation of the punch list. 
 d. Fisher guarantees the
Tenant Improvements against defective workmanship and materials, latent or otherwise, or contravention of the laws, codes or regulations of the City of Seattle or any other authority having jurisdiction, for a period of one (1) year
(“Warranty Period”) after Substantial Completion. On the expiration of the Warranty Period, Fisher will deliver to Customer originals of all continuing guaranties and warranties issued or made in connection with performance of the Tenant
Improvements and shall assign to Customer Fisher’s interest in those guaranties and warranties. From and after the Warranty Period, Fisher will cooperate with Customer in efforts to enforce all construction warranties for the benefit of
Customer. 
 e. During the construction process, Fisher, Customer and Contractor shall meet at least once per week at the job site to review
construction progress and all other matters as may be appropriate in connection with the Tenant Improvements. 
  

 4 

	5.	COMPLETION OF CONSTRUCTION AND RENTAL COMMENCEMENT DATE 

 a. It is agreed that Customer’s obligation to pay Fees as called for under the Agreement shall not commence until Fisher has Substantially Completed all work to be performed by Fisher as set forth on the Final Agreed Plans. As used
herein, “Substantial Completion” shall mean the completion of Fisher’s construction obligations with respect to the Tenant Improvements in accordance with the Final Agreed Plans and otherwise as set forth in this Work Letter
Agreement, subject to completion or correction of “punch list” items, that is, minor items of incomplete or defective work or materials or mechanical maladjustments that are of such a nature that they do not materially interfere with or
impair Customer’s use of the Co-Location Space for its permitted use. Notwithstanding anything to the contrary contained herein, the Tenant Improvements shall not be deemed “substantially complete” and the Commencement Date shall not
be deemed to occur until the following conditions shall have been satisfied by Fisher: 
 (i) The utility and other systems servicing the
Building and necessary for the operation of the Customer’s occupancy and full enjoyment of the Co-Location Space (such as elevators, plumbing, heating, ventilating, air conditioning, electrical and security systems) shall be completed and in
good order and operating condition except for details of construction, decoration and mechanical adjustments which do not materially interfere with Customer’s use of the Co-Location Space; 
 (ii) The project architect shall have certified to Customer that the Tenant Improvements have been completed, subject to completion of
“punch-list” items, in accordance with the Final Agreed Plans; 
 (iii) Fisher shall have obtained final inspections and necessary
“sign-offs” on all permits required for the Tenant Improvements. 
 The occurrence of the Commencement Date prior to the completion
in full of all work required to be performed by Fisher as provided herein shall not relieve Fisher of its obligation thereafter to complete the same with due dispatch and in a workmanlike manner. In the event Fisher is actually delayed in
Substantially Completing said work as a result of (i) Customer’s failure to timely furnish information required by and in accordance with the requirements of this Work Letter Agreement; (ii) Customer’s request for materials,
finishes, or installations other than Building Standard; (iii) Customer’s changes to the initial design concepts, the Plans and Specifications or the Final Agreed Plans, or, (iv) as a result of any other act or failure to act on the
part of Customer which actually delays the completion of the work, then such delay shall not alter the Agreement Commencement Date nor the Customer’s obligations under the Agreement. 
 b. Fisher shall make reasonable efforts to complete the Tenant Improvements by the Agreement Commencement Date. However, Fisher shall not be held liable
for any damages incurred by Customer in the event of a delay due to strikes, governmental regulations, acts of God, or any other causes beyond Fisher’s control. 
  

	6.	GENERAL 

 This Work Letter Agreement and the
subsequent Final Agreed Plans shall constitute the complete construction specifications and no other representations, or oral agreements between the parties shall be recognized in the event of a dispute between Fisher and Customer. 
 Time is of the essence with respect to each of the duties and obligations of Fisher and Customer set forth in this Work Letter Agreement. Notwithstanding
any of the foregoing provisions hereof, default by Customer or Fisher under any provisions of this Work Letter Agreement which are not cured within applicable notice and cure periods set forth in the Agreement shall constitute a default under the
Agreement. 
  

 5 

 AGREED TO AND ACCEPTED as of the date and year first set forth above. 
  

									
	FISHER:	 		 	CUSTOMER:
			
	FISHER MEDIA SERVICES COMPANY	 		 	INFOSPACE, INC.
					
	Date:	 	3/28/06	 		 	Date:	 	March 28, 2006
					
	By:	 	/s/ Robert C. Bateman	 		 	By:	 	/s/ Edmund O. Belsheim
		 	Robert C. Bateman	 		 		 	Name  Edmund O. Belsheim
		 	Vice President – Finance	 		 		 	Title    CAO

  

 6 

 EXHIBIT C-1 
 PROGRAM REQUIREMENTS 
  

 7 

 EXHIBIT C-2 
 PROJECT SCHEDULE 
  

 8Amendment Number 1 to the Pooling and Servicing Agreement

 Exhibit 4.1 
 AMENDMENT NO. 1 
 TO THE 
 POOLING AND SERVICING AGREEMENT 
 Amendment No. 1, dated as of
August 1, 2005 (the “Amendment”), to the Pooling and Servicing Agreement (the “Agreement”) dated as of June 1, 2003, by and among NovaStar Mortgage Funding Corporation (the “Company”), NovaStar
Mortgage, Inc., as seller and servicer (the “Seller” or “Servicer”), Wachovia Bank, National Association, as custodian (the “Custodian”) and JPMorgan Chase Bank, National Association (formerly known
as JPMorgan Chase Bank), as trustee (the “Trustee”). Capitalized terms used and not defined herein shall have the meaning set forth in the Agreement and Appendix A thereto. 
 WHEREAS the parties hereto have entered into the Agreement; 
 WHEREAS the parties hereto now wish to amend certain provisions in the Agreement pursuant to Section 12.01 of the Agreement; and 
 WHEREAS the Trustee shall not consent to this Amendment to the Agreement unless it shall have first received an Opinion of Counsel, to the effect that (a) this Amendment (i) will not result in the imposition
of a tax on any REMIC created hereunder constituting part of the Trust Fund pursuant to the REMIC Provisions or (ii) cause any REMIC created hereunder constituting part of the Trust to fail to qualify as a REMIC at any time that any
Certificates are outstanding and that the Amendment is being made in accordance with the terms of the Agreement and (b) any applicable requirements and conditions set forth in the Agreement with respect to the adoption of amendments thereto
have been complied with. 
 NOW, THEREFORE, in consideration of the promises and mutual agreements contained herein, the parties hereto agree
to amend the Agreement pursuant to Section 12.01 of the Agreement and restate certain provisions thereof as follows: 
 1. The Agreement
is hereby amended to add a form of the Advance Facility Notice as Exhibit K (in the form attached hereto as Exhibit K) and a form of the written notice to be provided to the Trustee of an Advance or Servicing Advance pursuant to Section 3.26 of
the Agreement as Exhibit L (in the form attached hereto as Exhibit L). 
 2. MI Claim Payment Advances. 
 (a) The following paragraph is hereby inserted between the current second and third paragraphs of Section 3.13(a) of the Pooling and Servicing
Agreement; 
 In the event that a Mortgage Loan would be properly classified as a Liquidated Mortgage Loan but for the fact that not all MI
Insurance Proceeds claimed under the related MI Policy have been received, the Servicer may, from its own funds, make an advance (an “MI Claim Payment Advance”) to the Collection Account in an 

 amount not to exceed the claimed amount of such MI Insurance Proceeds not yet received. The Servicer shall not make any
MI Claim Payment Advance with respect to a claim under an MI Policy (i) if an MI Insurer Insolvency Event has occurred and is continuing with respect to the related MI Insurer, or (ii) to the extent that the MI Insurer has indicated it
will not pay the full amount of the claim. In the event that the MI Claim Payment Advance equals the claimed amount on such MI Policy, then upon the deposit of such MI Claim Payment Advance into the Collection Account the related Mortgage Loan shall
be considered a “Liquidated Mortgage Loan.” 
 (b) Clause (a)(vi) of Section 3.07(a) of the Pooling and Servicing Agreement is
hereby amended to read as follows: 
 (vi) to reimburse the Servicer or any Subservicer from Insurance Proceeds or Liquidation Proceeds
relating to a particular Mortgage Loan for amounts expended by the Servicer or such Subservicer pursuant to Section 3.13, which amounts were expended (x) in good faith in connection with the restoration of the related Mortgaged Property
which was damaged by the uninsured cause, (y) in connection with the liquidation of such Mortgage Loan, or (z) with respect to an MI Claim Payment Advance made by the Servicer with respect to such Mortgage Loan; provided, however, that
reimbursements pursuant to clause (z) may only be made from MI Insurance Proceeds actually paid by the MI Insurer under the MI Policy related to such Mortgage Loan; 
 (c) The following definition of MI Claim Payment Advance is hereby added to Appendix A to the Pooling and Servicing Agreement and the definitions of Liquidation Proceeds, Nonrecoverable Advance, Realized Loss and
Subsequent Recovery set forth in Appendix A to the Pooling and Servicing Agreement are hereby amended to read as follows: 
 “Liquidation Proceeds”: Proceeds (including Insurance Proceeds and any MI Claim Payment Advance) received in connection with the liquidation of any Mortgage Loan or related REO Property. 
 “MI Claim Payment Advance”: As defined in Section 3.13(a). 
 “Nonrecoverable Advance”: With respect to any Mortgage Loan: 
 (x) any Advance (other than an MI Claim Payment Advance) (i) which was previously made or is proposed to be made by the Servicer; and
(ii) which, in the good faith judgment of the Servicer, will not or, in the case of a proposed Advance, would not, be ultimately recoverable by the Servicer from Liquidation Proceeds, Repurchase Price or future payments on such Mortgage Loan;
and 
 (y) upon the final payment by the MI Insurer under an MI Policy for a Mortgage Loan with respect to which the Servicer
has made an MI Claim Payment Advance, the amount, if any, by which an MI Claim Payment Advance made by the Servicer exceeds, the amount actually received as MI Insurance Proceeds from the related MI Insurer on account of the related claim;
provided,  
  

 2 

 however that if an MI Insurer Insolvency Event occurs after the MI Claim Payment Advance has been
made by the Servicer and before the full amount thereof has been reimbursed to the Servicer from the related MI Insurance Proceeds, then any remaining, unreimbursed amount shall be considered a Nonrecoverable Advance as of the date of the MI Insurer
Insolvency Event; provided, further, however, that if a Nonrecoverable Advance has been reimbursed to the Servicer and the MI Insurer that was subject to the MI Insurer Insolvency Event thereafter makes payment on account of the applicable MI
Policy, such payments shall be deemed Subsequent Recoveries. 
 “Realized Loss”: With respect to each Mortgage Loan (or REO
Property) as to which a Cash Liquidation or REO Disposition has occurred, an amount (not less than zero) equal to (i) the Principal Balance of the Mortgage Loan (or REO Property) as of the date of Cash Liquidation or REO Disposition, plus
(ii) interest (and REO Imputed Interest, if any) at the Net Mortgage Rate from the Due Date as to which interest was last paid or advanced to Certificateholders up to the last day of the month in which the Cash Liquidation (or REO Disposition)
occurred on the Principal Balance of such Mortgage Loan (or REO Property) outstanding during each Due Period that such interest was not paid or advanced, minus (iii) Net Liquidation Proceeds (after giving effect to coverage provided by any MI
Claim Payment Advance and any MI Policy), if any, received with respect to such Cash Liquidation (or REO Disposition), minus the portion thereof reimbursable to the Servicer or any Subservicer with respect to related Advances or expenses as to which
the Servicer or Subservicer is entitled to reimbursement thereunder but which have not been previously reimbursed, minus (iv) with respect to a Mortgage Loan on which a MI Claim Payment Advance has been made, the amount, if any, by which the MI
Claim Payment Advance exceeds the related amount of MI Insurance Proceeds paid by the MI Insurer on account of the related Mortgage Loan upon the final payment by such MI Insurer (including payments made on or after the date on which such Mortgage
Loan became a Liquidated Loan). With respect to each Mortgage Loan which has become the subject of a Deficient Valuation, the difference between the Principal Balance of the Mortgage Loan outstanding immediately prior to such Deficient Valuation and
the Principal Balance of the Mortgage Loan as reduced by the Deficient Valuation. With respect to each Mortgage Loan which has become the object of a Debt Service Reduction, the amount of such Debt Service Reduction. 
 “Subsequent Recovery”: With respect to any Mortgage Loan that had previously been the subject of a Realized Loss, (a) any principal
amount subsequently received in connection with such Mortgage Loan, plus (b) with respect to a Mortgage Loan on which a MI Claim Payment Advance has been made, the amount, if any, by which the related amount of MI Insurance Proceeds exceeds
such MI Claim Payment Advance, plus (c) with respect to a Nonrecoverable Advance relating to a MI Insurer Insolvency Event, the amount, if any, by which the related MI Insurer subsequently pays in respect of such Nonrecoverable Advance.

 3. Condition to effectiveness. As a condition to the effectiveness of this Amendment, an Opinion of Counsel satisfying the
requirements of Section 12.01 of the Agreement has been received by the Parties hereto. 
  

 3 

 4. Effect of Amendment. This Amendment to the Agreement shall be effective and the Agreement
shall be deemed to be modified and amended in accordance herewith on the Distribution Date on the date on which the Trustee receives an executed copy of this Amendment. This Amendment, once effective, shall be effective as of the date first set
forth above. The respective rights, limitations, obligations, duties, liabilities and immunities of the Company, the Seller, the Servicer, the Custodian and the Trustee shall hereafter be determined, exercised and enforced subject in all respects to
such modifications and amendments, and all the terms and conditions of this Amendment shall be and be deemed to be part of the terms and conditions of the Agreement for any and all purposes. The Agreement, as amended hereby, is hereby ratified and
confirmed in all respects. 
 5. The Agreement in Full Force and Effect as Amended. Except as specifically amended hereby, all the
terms and conditions of the Agreement shall remain in full force and effect and, except as expressly provided herein, the effectiveness of this Amendment shall not operate as, or constitute a waiver or modification of, any right, power or remedy of
any party to the Agreement. All references to the Agreement in any other document or instrument shall be deemed to mean the Agreement as amended by this Amendment. 
 6. Counterparts. This Amendment may be executed by the Parties in several counterparts, each of which shall be deemed to be an original and all of which shall constitute together but one and the same agreement.
This Amendment shall become effective when counterparts hereof executed on behalf of such Party shall have been received. 
 7. Governing
Law. This Amendment shall be construed in accordance with and governed by the laws of the State of New York applicable to agreements made and to be performed therein. 
  

 4 

 IN WITNESS WHEREOF, the Seller, the Servicer, the Company, the Trustee and the Custodian, have caused
this Amendment to be duly executed by their officers thereunto duly authorized, all as of the day and year first above written. 
  

			
	NOVASTAR MORTGAGE FUNDING CORPORATION,
	as Company
		
	By:	 	 /s/ Matt Kaltenrieder

	Name:	 	Matt Kaltenrieder
	Title:	 	Vice President
	
	 NOVASTAR MORTGAGE, INC.,
 as Servicer
and as Seller

		
	By:	 	 /s/ Matt Kaltenrieder

	Name:	 	Matt Kaltenrieder
	Title:	 	Vice President
	
	 WACHOVIA BANK, NATIONAL ASSOCIATION,
 as Custodian

		
	By:	 	 /s/ Sandy Berry

	Name:	 	Sandy Berry
	Title:	 	Vice President
	
	 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
 as Trustee

		
	By:	 	 /s/ Andrew M. Cooper

	Name:	 	Andrew M. Cooper
	Title:	 	Assistant Vice President

 [Signature Page for Amendment No. 1 to the Pooling and Servicing Agreement] 

 Exhibit K 
 FORM OF ADVANCE FACILITY NOTICE 
 [date] 
 JPMorgan Chase Bank, National Association 
 4 New York Plaza, 6th Floor 
 New York, NY 10004-2477 
 Attention: Worldwide Securities Services/ Global
Debt - NovaStar Series 2003-2 
  

	 	Re:	Pooling and Servicing Agreement, dated as of June 1, 2003, by and among NovaStar Mortgage Funding Corporation (the “Company”), NovaStar Mortgage, Inc., as seller and
servicer (the “Seller” or “Servicer”), Wachovia Bank, National Association, as custodian (the “Custodian”) and JPMorgan Chase Bank, National Association (formerly known as JPMorgan Chase Bank), as trustee (the
“Trustee”) as amended by Amendment No. 1, dated as of August 1, 2005 (as amended, the “Agreement”) 

 In accordance with Section 3.26(a) of the above-captioned Agreement, the undersigned hereby notifies the Trustee of the following information: 
 (a) The Servicer has entered into an Advance Facility. 
 (b) The Advancing Person is
[                    ]. 
 (c)
[                    ], as the Servicer’s Assignee, has the right to make withdrawals from the Collection Account subject to
Section 3.26(b) of the Agreement to reimburse previously unreimbursed Advances and/or Servicing Advances pursuant to Section 3.07 of the Agreement. 
 [Remainder of Page Intentionally Left Blank] 

 Capitalized words and phrases used herein shall have the respective meanings assigned to them in the
above-captioned Agreement. 
  

			
	NOVASTAR MORTGAGE INC.
	as Servicer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 [                                      
  ]
 as Advancing Person

		
	By:	 	  

	Name:	 	
	Title:	 	

 The undersigned hereby acknowledges receipt of this notice pursuant to Section 3.26(a) of the
Agreement. 
 ACKNOWLEDGED AND AGREED: 
 JPMORGAN CHASE BANK, 
 NATIONAL ASSOCIATION, 
 not in its individual capacity but solely 
 as Trustee 
  

			
	By:	 	  

	Name:	 	
	Title:	 	

 Exhibit L 
 FORM OF WRITTEN NOTICE TO THE TRUSTEE 
 JPMorgan Chase Bank, National Association 
 4 New York Plaza, 6th Floor 
 New York, NY 10004-2477 
 Attention: Worldwide Securities Services/ Global Debt - NovaStar Series 2003-2 
  

	 	Re:	Pooling and Servicing Agreement, dated as of June 1, 2003, by and among NovaStar Mortgage Funding Corporation (the “Company”), NovaStar Mortgage, Inc., as seller and
servicer (the “Seller” or “Servicer”), Wachovia Bank, National Association, as custodian (the “Custodian”) and JPMorgan Chase Bank, National Association (formerly known as JPMorgan Chase Bank), as trustee (the
“Trustee”) as amended by Amendment No. 1, dated as of August 1, 2005 (as amended, the “Agreement”) 

 In accordance with Section 3.26(a) and (b) of the above-captioned Agreement, [name of Advancing Person] hereby notifies the Trustee that [name of Advancing Person] has [purchased][funded][an Advance]/[a Servicing Advance] and is
entitled to reimbursement from the Trustee pursuant to the terms of the Advance Facility. 
 (a) The amount of the reimbursement owed is an
amount equal to $[            ]. 
 (b) Section
[    ] of the Agreement permits this [Advance]/[Servicing Advance] to be reimbursed. 
 (c) Section
[    ] of the Advance Facility entitles [name of Advancing Person] to request reimbursement from the Trust, rather than from the Servicer. 
 (d) [name of Advancing Person]’s wire transfer instructions are as follows: 
 [insert wire transfer
instructions] 
 (e) [Proof of Event of Default under the Advance Facility, if applicable.] 
 [Remainder of the Page Intentionally Left Blank] 

 Capitalized words and phrases used herein shall have the respective meanings assigned to them in the
above-captioned Agreement. 
  

			
	[                                      
  ]
	as Advancing Person
		
	By:	 	  

	Name:	 	
	Title:	 	

 ACKNOWLEDGED AND AGREED: 
 NOVASTAR MORTGAGE INC., 
 as Servicer 
  

			
	By:	 	  

	Name:	 	
	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00101-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00101-of-00352.parquet"}]]