0001017062-03-000325 Sample Contracts

SECOND AMENDMENT TO LOAN AGREEMENT AND TO OTHER LOAN DOCUMENTS
Loan Agreement • February 25th, 2003 • William Lyon Homes • Operative builders

THIS SECOND AMENDMENT TO LOAN AGREEMENT AND TO OTHER LOAN DOCUMENTS (this “Second Amendment”) dated as of March 28, 2002, is entered into by and between WILLIAM L YON HOMES, INC., a California corporation (the “Borrower”) and RFC CONSTRUCTION FUNDING CORP ., a Delaware corporation (the “Lender”).

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THIRD AMENDMENT TO LOAN AGREEMENT AND TO OTHER LOAN DOCUMENTS
Loan Agreement • February 25th, 2003 • William Lyon Homes • Operative builders

THIS THIRD AMENDMENT TO LOAN AGREEMENT AND TO OTHER LOAN DOCUMENTS (this “Third Amendment”) dated as of January 10, 2003, is entered into by and between WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”) and RFC CONSTRUCTION FUNDING CORP., a Delaware corporation (the “Lender”).

AGREEMENT FOR THIRD MODIFICATION OF DEEDS OF TRUST AND OTHER LOAN INSTRUMENTS
Agreement for Third Modification of Deeds of Trust and Other Loan Instruments • February 25th, 2003 • William Lyon Homes • Operative builders

This Agreement for Third Modification of Deeds of Trust and Other Loan Instruments (this “Third Modification”) is made as of December 19, 2001 by and between WILLIAM LYON HOMES, INC., a California corporation (“Borrower”) and GUARANTY BANK, a federal savings bank organized and existing under the laws of the United States (formerly known as “Guaranty Federal Bank, F.S.B.”) (“Lender”), with reference to the following facts:

AGREEMENT FOR SECOND MODIFICATION OF DEEDS OF TRUST AND OTHER LOAN INSTRUMENTS
Agreement for Second Modification of Deeds of Trust and Other Loan Instruments • February 25th, 2003 • William Lyon Homes • Operative builders

This Agreement for Second Modification of Deeds of Trust and Other Loan Instruments (this “Second Modification”) is made as of July 23, 2001 by and between WILLIAM LYON HOMES, INC., a California corporation (“Borrower”) and GUARANTY BANK, a federal savings bank organized and existing under the laws of the United States (formerly known as “Guaranty Federal Bank, F.S.B.”) (“Lender”), with reference to the following facts:

SECOND AGREEMENT TO MODIFY LOAN AGREEMENT PROMISSORY NOTE AND DEED OF TRUST
Loan Modification Agreement • February 25th, 2003 • William Lyon Homes • Operative builders • California

THIS SECOND AGREEMENT TO MODIFY LOAN AGREEMENT, PROMISSORY NOTE AND DEED OF TRUST (“Agreement”), dated as of December 13, 2002, by and between WILLIAM LYON HOMES, INC., a California corporation (“Borrower”), and CALIFORNIA BANK & TRUST, a California banking corporation (“Lender”), with reference to the following facts:

FOURTH AMENDMENT TO LOAN AGREEMENT
Loan Agreement • February 25th, 2003 • William Lyon Homes • Operative builders

THIS FOURTH AMENDMENT TO LOAN AGREEMENT (this “Fourth Amendment”) dated as of January 23, 2003, is entered into by and between WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”) and RFC CONSTRUCTION FUNDING CORP., a Delaware corporation (the “Lender”).

AGREEMENT FOR FOURTH MODIFICATION OF DEEDS OF TRUST AND OTHER LOAN INSTRUMENTS
Fourth Modification of Deeds of Trust and Other Loan Instruments • February 25th, 2003 • William Lyon Homes • Operative builders • New York

This Agreement for Fourth Modification of Deeds of Trust and Other Loan Instruments (this “Fourth Modification”) is made as of May 29, 2002 by and between WILLIAM LYON HOMES, INC., a California corporation (“Borrower”) and GUARANTY BANK, a federal savings bank organized and existing under the laws of the United States (formerly known as “Guaranty Federal Bank, F.S.B.”) (“Lender”), with reference to the following facts:

FIRST AMENDMENT TO LOAN AGREEMENT
Loan Agreement • February 25th, 2003 • William Lyon Homes • Operative builders

THIS FIRST AMENDMENT TO LOAN AGREEMENT (this “First Amendment”) dated as of July , 2001, is entered into by and between WILLIAM LYON HOMES, INC., a California corporation (the “Borrower”) and RFC CONSTRUCTION FUNDING CORP., a Delaware corporation (the “Lender”).

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