Peoples Preferred Capital Corp Sample Contracts

Peoples Preferred Capital Corp – ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (March 30th, 2000)

Exhibit 10.(d) ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT This is an Assignment, Assumption and Recognition Agreement (the "Agreement") made this 3rd day of October, 1997, among People's Bank of California (the "Seller"), People's Preferred Capital Corporation (the "Purchaser"), and Temple-Inland Mortgage Corporation (the "Servicer"). In consideration of the mutual promises contained herein, the parties hereto agree as follows with respect to the mortgage loans (the "Mortgage Loans") identified on the Mortgage Loan Schedule attached hereto as Schedule A. The Mortgage Loans are currently being serviced by the Servicer, pursuant to that certain Loan Servicing Agreement, dated as of March 31, 1997 (the "Servicing Agreement"), among the Servicer, and the Seller as Investor thereunder. A true, accurate and complete copy of the Servicing Agreement is attached hereto as Exhibit Two.

Peoples Preferred Capital Corp – COMMERCIAL SERVICING AGREEMENT (March 30th, 2000)

Exhibit 10.(e) -------------------------------------------------------------------------------- COMMERCIAL SERVICING AGREEMENT BETWEEN PEOPLE'S PREFERRED CAPITAL CORPORATION PURCHASER PEOPLE'S BANK OF CALIFORNIA SELLER DATED AS OF OCTOBER 3, 1997 -------------------------------------------------------------------------------- TABLE OF CONTENTS Page ---- ARTICLE I DEFINITIONS Section 1. Definitions...............................................

Peoples Preferred Capital Corp – AND WARRANTIES AGREEMENT (March 30th, 2000)

Exhibit 10.(b) -------------------------------------------------------------------------------- COMMERCIAL MORTGAGE LOAN PURCHASE AND WARRANTIES AGREEMENT PEOPLE'S PREFERRED CAPITAL CORPORATION PURCHASER PEOPLE'S BANK OF CALIFORNIA SELLER DATED AS OF OCTOBER 3, 1997 -------------------------------------------------------------------------------- TABLE OF CONTENTS Page ---- SECTION 1. Definitions................................................ 1 SECTION 2. Agreement to Purchase Initial Portfolio.................... 9 SECTI

Peoples Preferred Capital Corp – AND WARRANTIES AGREEMENT (March 30th, 2000)

Exhibit 10.(a) -------------------------------------------------------------------------------- RESIDENTIAL MORTGAGE LOAN PURCHASE AND WARRANTIES AGREEMENT PEOPLE'S PREFERRED CAPITAL CORPORATION PURCHASER PEOPLE'S BANK OF CALIFORNIA SELLER DATED AS OF OCTOBER 3, 1997 -------------------------------------------------------------------------------- TABLE OF CONTENTS Page ---- SECTION 1. Definitions................................................ 1 SECTION 2. Agreement to Purchase Initial Portfolio.................... 11 SECT

Peoples Preferred Capital Corp – ADVISORY AGREEMENT (March 30th, 2000)

ADVISORY AGREEMENT THIS AGREEMENT is made this 3rd day of October, 1997 between PEOPLE'S PREFERRED CAPITAL CORPORATION, a Maryland corporation (the "Company"), and PEOPLE'S BANK OF CALIFORNIA, a federally chartered savings bank (the "Advisor"). Capitalized terms used herein shall have the meanings set forth in Section 1 of this Agreement. WHEREAS, the Company intends to qualify as a "real estate investment trust" ("REIT") under the Internal Revenue Code of 1986, as amended (the "Code"); and WHEREAS, the Company desires to avail itself of the experience and assistance of the Advisor and to have the Advisor undertake, on the Company's behalf, the duties and responsibilities hereinafter set forth, subject to the control and supervision of the Board of Directors of the Company (the "Board of Directors") as provided for herein; and WHEREAS, the Advisor desires to render such services for the Company subject to the control and sup

Peoples Preferred Capital Corp – FIRST AMENDMENT TO RESIDENTIAL MORTGAGE (March 30th, 2000)

Exhibit 10(a)(i) FIRST AMENDMENT TO RESIDENTIAL MORTGAGE LOAN PURCHASE AND WARRANTIES AGREEMENT THIS FIRST AMENDMENT TO RESIDENTIAL MORTGAGE LOAN PURCHASE AND WARRANTIES AGREEMENT ("First Amendment") is made and entered into effective as of the 2nd day of June, 1998, by and between PEOPLE'S BANK OF CALIFORNIA, a federal savings bank ("Seller"), and PEOPLE'S PREFERRED CAPITAL CORPORATION, a Maryland corporation ("Purchaser"), with reference the following recitals: R E C I T A L S A. Seller and Purchaser entered into that certain Residential Mortgage Loan Purchase and Warranties Agreement dated as of October 3, 1997 (the "Agreement"), whereby Seller agreed to sell and Purchaser agreed to buy Mortgage Loans (as defined in the Agreement) from Seller from time to time. Capitalized terms used herein and not otherwise defined shal

Peoples Preferred Capital Corp – RESIDENTIAL SERVICING AGREEMENT (August 9th, 1999)

Exhibit 10.(e) -------------------------------------------------------------------------------- RESIDENTIAL SERVICING AGREEMENT BETWEEN PEOPLE'S PREFERRED CAPITAL CORPORATION PURCHASER PEOPLE'S BANK OF CALIFORNIA SELLER DATED AS OF ______ __, 1999 -------------------------------------------------------------------------------- TABLE OF CONTENTS Page ---- ARTICLE I DEFINITIONS Section 1. Definitions...............................................

Peoples Preferred Capital Corp – IMPORTANT NOTICE (August 9th, 1999)

Exhibit 4 Number Shares SEE REVERSE FOR IMPORTANT NOTICE ON TRANSFER RESTRICTIONS AND OTHER INFORMATION CUSIP ________ PEOPLE'S PREFERRED CAPITAL CORPORATION a Corporation Formed Under the Laws of the State of Maryland THIS CERTIFIES THAT **Specimen** is the owner of fully paid and nonassessable shares of __% Noncumulative Preferred Stock, Series B, $.01 par value per share, of People's Preferred Capital Corporation (the "Corporation") transferable on the books of the Corporation by the holder hereof in perso

Peoples Preferred Capital Corp – AND WARRANTIES AGREEMENT (August 9th, 1999)

Exhibit 10.(a) -------------------------------------------------------------------------------- RESIDENTIAL MORTGAGE LOAN PURCHASE AND WARRANTIES AGREEMENT PEOPLE'S PREFERRED CAPITAL CORPORATION PURCHASER PEOPLE'S BANK OF CALIFORNIA SELLER DATED AS OF OCTOBER 3, 1997 -------------------------------------------------------------------------------- TABLE OF CONTENTS Page ---- SECTION 1. Definitions................................................ 1 SECTION 2. Agreement to Purchase Initial Portfolio.................... 11 SECTION 3. Subsequen

Peoples Preferred Capital Corp – SECOND AMENDMENT TO RESIDENTIAL MORTGAGE (August 9th, 1999)

Exhibit 10.(a)(i) SECOND AMENDMENT TO RESIDENTIAL MORTGAGE LOAN PURCHASE AND WARRANTIES AGREEMENT This Second Amendment to the Residential Mortgage Loan Purchase and Warranties Agreement ("Second Amendment") is made and entered into effective as of the _______ day of August, 1999, by and between People's Bank of California, a federal savings bank ("Seller"), and People's Preferred Capital Corporation, a Maryland corporation ("Purchaser"). W I T N E S S E T H: WHEREAS, the Seller and the Purchaser entered into a Residential Mortgage Loan Purchase and Warranties Agreement, dated as of October 3, 1997 ("Purchase Agreement"), whereby the Seller agreed to sell and the Purchaser agreed to purchase certain Mortgage Loans (as defined in the Purchase Agreement) from time to time, on a servicing retained basis; WHEREAS, the Purchase Agree

Peoples Preferred Capital Corp – COMMERCIAL SERVICING AGREEMENT (August 9th, 1999)

Exhibit 10.(f) -------------------------------------------------------------------------------- COMMERCIAL SERVICING AGREEMENT BETWEEN PEOPLE'S PREFERRED CAPITAL CORPORATION PURCHASER PEOPLE'S BANK OF CALIFORNIA SELLER DATED AS OF OCTOBER 3, 1997 -------------------------------------------------------------------------------- TABLE OF CONTENTS Page ---- ARTICLE I DEFINITIONS Section 1. Definitions...............................................

Peoples Preferred Capital Corp – ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (August 9th, 1999)

Exhibit 10.(d) ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT This is an Assignment, Assumption and Recognition Agreement (the "Agreement") made this 3rd day of October, 1997, among People's Bank of California (the "Seller"), People's Preferred Capital Corporation (the "Purchaser"), and Temple-Inland Mortgage Corporation (the "Servicer"). In consideration of the mutual promises contained herein, the parties hereto agree as follows with respect to the mortgage loans (the "Mortgage Loans") identified on the Mortgage Loan Schedule attached hereto as Schedule A. The Mortgage Loans are currently being serviced by the Servicer, pursuant to that certain Loan Servicing Agreement, dated as of March 31, 1997 (the "Servicing Agreement"), among the Servicer, and the Seller as Investor thereunder. A true, accurate and complete copy of the Servicing Agreement is attached hereto as Exhibit Two.

Peoples Preferred Capital Corp – AND WARRANTIES AGREEMENT (August 9th, 1999)

Exhibit 10.(b) -------------------------------------------------------------------------------- COMMERCIAL MORTGAGE LOAN PURCHASE AND WARRANTIES AGREEMENT PEOPLE'S PREFERRED CAPITAL CORPORATION PURCHASER PEOPLE'S BANK OF CALIFORNIA SELLER DATED AS OF OCTOBER 3, 1997 -------------------------------------------------------------------------------- TABLE OF CONTENTS Page ---- SECTION 1. Definitions................................................ 1 SECTION 2. Agreement to Purchase Initial Portfolio.................... 9 SECTI

Peoples Preferred Capital Corp – ADVISORY AGREEMENT (July 10th, 1997)

ADVISORY AGREEMENT THIS AGREEMENT is made this ___ day of __________, 1997 between PEOPLE'S PREFERRED CAPITAL CORPORATION, a Maryland corporation (the "Company"), and PEOPLE'S BANK OF CALIFORNIA, a federally chartered savings bank (the "Advisor"). Capitalized terms used herein shall have the meanings set forth in Section 1 of this Agreement. WHEREAS, the Company intends to qualify as a "real estate investment trust" ("REIT") under the Internal Revenue Code of 1986, as amended (the "Code"); and WHEREAS, the Company desires to avail itself of the experience and assistance of the Advisor and to have the Advisor undertake, on the Company's behalf, the duties and responsibilities hereinafter set forth, subject to the control and supervision of the Board of Directors of the Company (the "Board of Directors") as provided for herein; and WHEREAS,

Peoples Preferred Capital Corp – IMPORTANT NOTICE (July 10th, 1997)

Number *0* Shares *0* SEE REVERSE FOR IMPORTANT NOTICE ON TRANSFER RESTRICTIONS AND OTHER INFORMATION CUSIP ________ PEOPLE'S PREFERRED CAPITAL CORPORATION a Corporation Formed Under the Laws of the State of Maryland THIS CERTIFIES THAT **Specimen** is the owner of **Zero (0)** fully paid and nonassessable shares of __% Noncumulative Preferred Stock, Series A, $.01 par value per share, of People's Preferred Capital Corporation (the "Corporation") transferable on the books of the Corporation by the holder hereof in person or by its duly authorized attorney, upon surrender of this Certificate properly endorsed. This Certificate and the shares represent