Common use of General Purpose of Loan Clause in Contracts

General Purpose of Loan. Makers warrant and represents to Payee, all other Holders and the Agent that all loans evidenced by this note are and will be for business, commercial, investment or other similar purpose and not primarily for personal, family, household or agricultural use, as such terms are used in Chapter One of the Texas Credit Code. AMERICAN BUSINESS CREDIT, INC., as comaker By: --------------------------------------------- Name: ------------------------------------------- Title: ------------------------------------------ HOMEAMERICAN CREDIT, INC. (d/b/a Upland Mortgage), as comaker By: --------------------------------------------- Name: ------------------------------------------- Title: ------------------------------------------ NEW JERSEY MORTGAGE AND INVESTMENT CORP., as comaker By: --------------------------------------------- Name: ------------------------------------------- Title: ------------------------------------------ ANNEX 1 to $____________________ AMERICAN BUSINESS CREDIT, INC. and Affiliates' 12/00 [Lender's name] Senior Credit Note LOANS AND PAYMENTS OF PRINCIPAL AND INTEREST ------------------------------------------------------------------------------------------------------------------------------------ Payment Date of Applied on (or Payment Principal Interest Paid to Name of Person Payment or advance vs.) Applied on Balance Making Advance Principal Interest Notation ------------------------------------------------------------------------------------------------------------------------------------ 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------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ EXHIBIT A-2 TO 12/00 CREDIT AGREEMENT (The "12/00 Swing Line Note") $15,000,000 Houston, Texas December 22, 2000 FOR VALUE RECEIVED, AMERICAN BUSINESS CREDIT, INC., a Pennsylvania corporation, HOMEAMERICAN CREDIT, INC. d/b/a UPLAND MORTGAGE, a Pennsylvania corporation, and NEW JERSEY MORTGAGE AND INVESTMENT CORP., a New Jersey corporation whose name will be changed in January 2001 to AMERICAN BUSINESS MORTGAGE SERVICES, ("Makers" or the "Companies"), jointly and severally promise to pay to the order of THE CHASE MANHATTAN BANK ("Payee"), a New York banking corporation, at its main Houston branch, 000 Xxxx Xxxxxx, Xxxxxxx, Xxxxxx Xxxxxx, Texas 77002, or at such other place as the holder (the "Holder", whether or not Payee is such holder) of this note may hereafter designate in writing, in immediately available funds and in lawful money of the United States of America, the principal sum of Fifteen Million Dollars ($15,000,000) (or the unpaid balance of all principal advanced against this note, if that amount is less), together with interest on the unpaid principal balance of this note from time to time outstanding until maturity at the Stated Rate (or at such lesser rate, if any, as Holder may in its sole discretion from time to time elect to be applicable for any day or days), and interest on all past due amounts, both principal and accrued interest, at the Past Due Rate; provided that for the full term of this note the interest rate produced by the aggregate of all sums paid or agreed to be paid to Holder for the use, forbearance or detention of the debt evidenced hereby shall not exceed the Ceiling Rate.

General Purpose of Loan. Makers warrant Each Maker warrants and represents to Payee, all other Holders and the Seasoned Warehouse Agent that all loans evidenced by this note are and will be for business, commercial, investment or other similar purpose and not primarily for personal, family, household or agricultural use, as such terms are used in Chapter One of 1D or in the Texas Credit Finance Code. AMERICAN BUSINESS CREDIT, INC., as comaker MCA FINANCIAL CORP. MCA MORTGAGE CORPORATION By: --------------------------------------------- /s/ Keitx X Xxxxxxx By: /s/ Lee X. Xxxxx ------------------- ------------------ Name: ------------------------------------------- KEITX X XXXXXXX Name: LEE X. XXXXX ----------------- ---------------- Title: ------------------------------------------ HOMEAMERICAN CREDITEVP Title: PRESIDENT ----------------- ---------------- MORTGAGE CORPORATION MORTGAGE CORPORATION OF AMERICA OF AMERICA, INC. (d/b/a Upland Mortgage), as comaker By: --------------------------------------------- /s/ Keitx X Xxxxxxx By: /s/ Lee X. Xxxxx ------------------- ----------------- Name: ------------------------------------------- KEITX X XXXXXXX Name: LEE X. XXXXX ------------------- ----------------- Title: ------------------------------------------ NEW JERSEY MORTGAGE AND INVESTMENT CORP., as comaker By: --------------------------------------------- Name: ------------------------------------------- VP Title: ------------------------------------------ PRESIDENT ------------------ ---------------- ANNEX 1 to $____________________ AMERICAN BUSINESS CREDIT, INC. and Affiliates' 12/00 [Lender's name] Senior Credit 25,000,000 10/97 Texas Commerce Seasoned Warehouse Note LOANS AND PAYMENTS OF PRINCIPAL AND INTEREST ------------------------------------------------------------------------------------------------------------------------------------ Payment Applied Date of Applied Payment or on (or Payment Principal Interest Paid to Name of Person Payment or advance vs.) Payment Applied on Balance Making Name of Person Advance Principal on Interest Principal Balance Interest Paid to Making Notation 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------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ EXHIBIT A-2 TO 12/00 CREDIT 197 SEASONED WAREHOUSE CUSTODY AGREEMENT PREAMBLE THIS SEASONED WAREHOUSE CUSTODY AGREEMENT (The within itself only, this "12/00 Swing Line NoteSEASONED WAREHOUSE CUSTODY AGREEMENT", and as it may be supplemented, amended or restated from time to time, this "AGREEMENT") $15,000,000 Houstonentered into as of October 31, Texas December 22, 2000 FOR VALUE RECEIVED, AMERICAN BUSINESS CREDIT, INC., a Pennsylvania corporation, HOMEAMERICAN CREDIT, INC1997 by and between (i) MCA FINANCIAL CORP. d/b/a UPLAND MORTGAGE, a Pennsylvania corporation, and NEW JERSEY MORTGAGE AND INVESTMENT CORP., a New Jersey corporation whose name will be changed in January 2001 to AMERICAN BUSINESS MORTGAGE SERVICES, ("Makers" or the "Companies"), jointly and severally promise to pay to the order of THE CHASE MANHATTAN BANK ("PayeeMCAFC"), a New York banking Michigan corporation, at its main Houston branchMCA MORTGAGE CORPORATION ("MCAMC"), 000 Xxxx Xxxxxx, Xxxxxxx, Xxxxxx Xxxxxx, Texas 77002, or at such other place a Michigan corporation formerly known as the holder (the "Holder", whether or not Payee is such holder) of this note may hereafter designate in writing, in immediately available funds and in lawful money of the United States Mortgage Corporation of America, the principal sum of Fifteen Million Dollars MORTGAGE CORPORATION OF AMERICA ($15,000,000) (or the unpaid balance of all principal advanced against this note, if that amount is less"MCA"), together with interest on a Michigan corporation formerly known as First American Mortgage Associates, Inc., and MORTGAGE CORPORATION OF AMERICA, INC. ("MCAI-OHIO"), an Ohio corporation (collectively, the unpaid principal balance of this note from time to time outstanding until maturity at the Stated Rate (or at such lesser rate, if any, as Holder may in its sole discretion from time to time elect to be applicable for any day or days"COMPANIES"), and interest on all past due amounts(ii) TEXAS COMMERCE BANK NATIONAL ASSOCIATION ("TEXAS COMMERCE"), both principal a national banking association, as a Seasoned Warehouse Lender and accrued interest, at the Past Due Rate; provided that as agent for the full term of this note other Seasoned Warehouse Lenders (in that capacity, Texas Commerce is called the interest rate produced by "SEASONED WAREHOUSE AGENT"), acting herein as documents custodian (in that capacity, the aggregate of all sums paid or agreed to be paid to Holder "CUSTODIAN") for the useSeasoned Warehouse Agent and the Seasoned Warehouse Lenders under the Credit Agreement (defined below), forbearance or detention of the debt evidenced hereby shall not exceed the Ceiling Rate.recites and provides as follows:

General Purpose of Loan. Makers warrant Maker warrants and represents to Payee, all other Holders and the Agent that all loans evidenced by this note are and will be for business, commercial, investment or other similar purpose and not primarily for personal, family, household or agricultural use, as such terms are used in Chapter One of the Texas Credit Finance Code. AMERICAN BUSINESS CREDITSUNSET FINANCIAL RESOURCES, INC., as comaker maker By: --------------------------------------------- Name: ------------------------------------------- Title: ------------------------------------------ HOMEAMERICAN CREDIT, INC. (d/b/a Upland Mortgage), as comaker By: --------------------------------------------- Name: ------------------------------------------- Title: ------------------------------------------ NEW JERSEY MORTGAGE AND INVESTMENT CORP., as comaker By: --------------------------------------------- Name: ------------------------------------------- Title: ------------------------------------------ ANNEX 1 to $_____________________________ AMERICAN BUSINESS CREDITName: ___________________________ Title: __________________________ ANNEX 1 to $____________ Sunset Financial Resources, INC. and Affiliates' 12/00 Inc. 3/04 [Lender's nameLENDER'S NAME] Senior Credit Note LOANS AND PAYMENTS OF PRINCIPAL AND INTEREST ------------------------------------------------------------------------------------------------------------------------------------ Payment Applied on Date of Applied on Payment or (or Payment Principal Interest Paid to Name of Person Payment or advance vs.) Payment Applied on Balance Making 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------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ EXHIBIT A-2 B TO 12/00 3/04 CREDIT AGREEMENT (The "12/00 Swing Line Note") $15,000,000 HoustonRequest for Borrowing [Letterhead of the Company] [date] JPMorgan Chase Bank 707 Xxxxxx, Texas December 220xx Xxxxx Xxxxx Xxxxxxx, 2000 FOR VALUE RECEIVEDXxxxx 00000 Attention: Xxxxx Xxxxxxxx, AMERICAN BUSINESS CREDIT, INC., a Pennsylvania corporation, HOMEAMERICAN CREDITCorporate Mortgage Finance Group Ladies and Gentlemen: SUNSET FINANCIAL RESOURCES, INC. d/b/a UPLAND MORTGAGE, a Pennsylvania corporation, and NEW JERSEY MORTGAGE AND INVESTMENT CORP., a New Jersey corporation whose name will be changed in January 2001 to AMERICAN BUSINESS MORTGAGE SERVICES, ("Makers" or the "Companies"), jointly and severally promise to pay to the order of THE CHASE MANHATTAN BANK ("Payee"), a New York banking corporation, at its main Houston branch, 000 Xxxx Xxxxxx, Xxxxxxx, Xxxxxx Xxxxxx, Texas 77002, or at such other place as the holder (the "HolderCOMPANY") and JPMORGAN CHASE BANK as a lender and as agent (the "AGENT") for the other lender(s) who are parties to it as lenders, whether and such other lenders (all such lenders, including JPMorgan Chase Bank being herein called the "LENDERS") together executed a 3/04 Senior Secured Credit Agreement dated March 22, 2004 (which, as it may have been or not Payee is such holder) of this note may hereafter designate be supplemented, amended or restated from time to time, is called the "CURRENT CREDIT AGREEMENT"). Any term defined in writingthe Current Credit Agreement and used in this Request for Borrowing shall have the meaning given to it in the Current Credit Agreement. The Company currently qualifies under the Current Credit Agreement for, in immediately available funds and in lawful money of hereby requests, an Advance or Advances as set forth below to be made on _________________, 20___ (or, if the United States of AmericaAgent is closed that day, on the next day when it is not). Single-family Warehouse Advance (Dry) $ ___________________ Wet Warehousing Advance $ ___________________ Total Borrowing $ ___________________ After giving effect as required by the Credit Agreement to the requested Advance, the principal sum of Fifteen Million Dollars ($15,000,000) (Borrowing Base will equal or exceed the unpaid balance of all principal advanced against this note, if that amount is less), together with interest on the unpaid outstanding principal balance of this note from time to time outstanding until maturity at the Stated Rate (or at Loan and such lesser rate, if any, as Holder may in its sole discretion from time to time elect to be applicable for any day or days), and interest on all past due amounts, both principal and accrued interest, at the Past Due Rate; provided that for the full term of this note the interest rate produced by the aggregate of all sums paid or agreed to be paid to Holder for the use, forbearance or detention of the debt evidenced hereby shall balance will not exceed the Ceiling RateAggregate Committed Sum.

General Purpose of Loan. Makers warrant Each Maker warrants and represents to Payee, all other Holders and the Seasoned Warehouse Agent that all loans evidenced by this note are and will be for business, commercial, investment or other similar purpose and not primarily for personal, family, household or agricultural use, as such terms are used in Chapter One of 1D or in the Texas Credit Finance Code. AMERICAN BUSINESS CREDIT, INC., as comaker MCA FINANCIAL CORP. MCA MORTGAGE CORPORATION By: --------------------------------------------- :________________________ By:____________________ Name: ------------------------------------------- :______________________ Name:__________________ Title: ------------------------------------------ HOMEAMERICAN CREDIT:_____________________ Title:_________________ MORTGAGE CORPORATION MORTGAGE CORPORATION OF AMERICA OF AMERICA, INC. (d/b/a Upland Mortgage), as comaker By: --------------------------------------------- :_______________________ By:____________________ Name: ------------------------------------------- :_____________________ Name:__________________ Title: ------------------------------------------ NEW JERSEY MORTGAGE AND INVESTMENT CORP., as comaker By: --------------------------------------------- Name: ------------------------------------------- :____________________ Title: ------------------------------------------ :_________________ ANNEX 1 to $____________________ AMERICAN BUSINESS CREDIT, INC. and Affiliates' 12/00 10/97 [Lender's nameLENDER NAME] Senior Credit Seasoned Warehouse Note LOANS AND PAYMENTS OF PRINCIPAL AND INTEREST ------------------------------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------------------- Payment Applied on Date of Applied on Payment or (or Payment Principal Interest Paid to Name of Person Payment or advance vs.) Payment Applied on Balance Making Name of Person Advance Principal Interest Principal Balance Interest Paid to Making Notation ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 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---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- EXHIBIT A-2 TO 12/00 CREDIT E-1 SEASONED WAREHOUSE SECURITY AGREEMENT (The "12/00 Swing Line Note") $15,000,000 HoustonTHIS SEASONED WAREHOUSE SECURITY AGREEMENT is entered into as of October 31, Texas December 221997, 2000 FOR VALUE RECEIVEDbetween MCA FINANCIAL CORP., AMERICAN BUSINESS CREDITa Michigan corporation, MCA MORTGAGE CORPORATION, a Michigan corporation, MORTGAGE CORPORATION OF AMERICA, a Michigan corporation and MORTGAGE CORPORATION OF AMERICA, INC., a Pennsylvania corporation, HOMEAMERICAN CREDIT, INC. d/b/a UPLAND MORTGAGE, a Pennsylvania corporation, and NEW JERSEY MORTGAGE AND INVESTMENT CORP., a New Jersey an Ohio corporation whose name will be changed in January 2001 to AMERICAN BUSINESS MORTGAGE SERVICES, ("Makers" or the "CompaniesDEBTORS"), jointly and severally promise to pay to TEXAS COMMERCE BANK NATIONAL ASSOCIATION, as a lender and as agent for the order of THE CHASE MANHATTAN BANK other lenders party thereto (in such capacities, "PayeeSECURED PARTY"). Debtors, a New York banking corporationthe Seasoned Warehouse Lenders parties thereto as such and Secured Party have entered into the 10/97 Senior Secured Seasoned Warehouse Credit Agreement dated as of October 31, at its main Houston branch1997 (as supplemented, 000 Xxxx Xxxxxxamended or restated, Xxxxxxx, Xxxxxx Xxxxxx, Texas 77002, or at such other place as the holder (the "HolderWAREHOUSE CREDIT AGREEMENT", whether or not Payee is such holder) of this note may hereafter designate in writing, in immediately available funds and in lawful money of ). As a continuing inducement to Seasoned Warehouse Lenders to extend credit to Debtors under the United States of America, the principal sum of Fifteen Million Dollars ($15,000,000) (or the unpaid balance of all principal advanced against this note, if that amount is less), together with interest on the unpaid principal balance of this note from time to time outstanding until maturity at the Stated Rate (or at such lesser rate, if any, as Holder may in its sole discretion from time to time elect to be applicable for any day or days)Credit Agreement, and interest on all past due amountsas a condition precedent to that credit, both principal Debtors are executing and accrued interestdelivering this Agreement to Secured Party. ACCORDINGLY, at the Past Due Rate; provided that for the full term of this note the interest rate produced by the aggregate of all sums paid or agreed to be paid to Holder for the useadequate and sufficient consideration, forbearance or detention of the debt evidenced hereby shall not exceed the Ceiling Rate.Debtors and Secured Party agree as follows: