EX-35 (e)
(logo) CHASE

SERVICER COMPLIANCE STATEMENT

RE: J.P. Morgan Alternative Loan Trust (JPALT) 2006-S3: The Pooling and
        Servicing Agreement by and among Wells Fargo Bank, NA as Master
        Servicer, Chase Home Finance LLC as Subservicer, JPMorgan Chase Bank,
        NA as Servicer, U.S Bank, NA as Trustee, JPMorgan Chase & Co as
        Seller, JPMorgan Accpt Corp. 1 as Depositor, JPMorgan Chase Bank as
        Custodian, J.P. Morgan Mortgage Acquisition Corp. as Seller, Wells
        Fargo Bank, NA as Securities Administrator (the "Agreement")

The undersigned, a duly authorized officer of JPMorgan Chase Bank,
National Association, as Servicer (the "Servicer") pursuant to the
J.P. Morgan Alternative Loan Trust (JPALT) 2006-S3 (The "Agreement"),
does hereby certify that:

        (1) A review of the activities of the Servicer during the calendar year
ending December 31, 2006 and of the performance of the Servicer under
the Agreement has been made under my supervision; and

        (2) To the best of my knowledge, based on such review, the Servicer has
fulfilled all its obligations under the Agreement in all material
respects throughout such year.


Date: 02/28/2007

JPMorgan Chase Bank,
National Association,
as Servicer

By: /s/ David Lowman
Name:   David Lowman
Title:  Executive Vice President