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<br />SPECIAL WARRANTY DEED ~j
<br />KNOW ALL MEN BY THESE PRESENTS THAT:
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<br />U.S. Bank National Association as Trustee under Pooling and Servicing Agreement Dated as of
<br />December 1, 2006 MASTR Asset Backed Securities Trust 2006-NC3 Mortgage Pass-Thtough Certificates Series
<br />2006-NC3, hereinafter referred to as "Grantor", for valuable consideration of ten dollars ($10.00), and other goad
<br />and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, does
<br />hereby grant, bargain, sell, convey, confirm, and warrant unto:
<br />Roebuck Enterprises, L.L.C.
<br />hereinafter "Grantee", as joint tenants and not as tenants in common, the following described real estate (as defined
<br />in Neb. Rev. Stat. § 76-201):
<br />Please see attached Exhibit "A"
<br />SUBJECT to the following reservations and exceptions;
<br />(I) All Easements, rights of way and prescriptive rights whether of record or not, pertaining to any portions(s) of
<br />the herein described property (hereinafter, the "Property");
<br />(2) All valid oil, gas and mineral rights, interests or leases, royalty reservations, mineral interest and transfers of
<br />interest of any character, in the oil, gas or minerals of record in any county in which any portion of the
<br />Property is located;
<br />(3) All restrictive covenants, terms, conditions, contracts, provisions, zoning ordinances and other items of record
<br />in any county in which any portion of the Property is located, pertaining to any portion(s) of the Froperty, but
<br />only to the extent that same are still in effect:
<br />(4) All presently recorded instruments (other than liens and conveyances by, through or under the Grantor) that
<br />affect the Property and any portion(s) thereof;
<br />(5) Ad Valorem taxes, fees and assessments, if any, for the current year and all prior and subsequent years, the
<br />payment of which Grantee assumes (at the time of transfer of title), and all subsequent assessments for this and
<br />all prior years due to change(s) in land usage (including, but not limited to, the presence or absence of
<br />improvements, if any, on the Property), ownership, or both, the payment of which Grantee assumes; and
<br />(6) Any conditions that would be revealed by a physical inspection and survey of the Property.
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