Common use of REPRESENTATIONS AND WARRANTIES OF THE ASSUMING INSTITUTION Clause in Contracts

REPRESENTATIONS AND WARRANTIES OF THE ASSUMING INSTITUTION. 34 11.1 Corporate Existence and Authority 34 11.2 Third Party Consent 34 11.3 Execution and Enforceability 34 11.4 Compliance with Law 34 11.5 Insured or Guaranteed Loans 35 11.6 Representations Remain True 35 11.7 No Reliance; Independent Advice 35 ARTICLE XII. INDEMNIFICATION 35 12.1 Indemnification of Indemnitees 35 12.2 Conditions Precedent to Indemnification 38 12.3 No Additional Warranty 39 12.4 Indemnification of Receiver and Corporation 39 12.5 Obligations Supplemental 40 12.6 Criminal Claims 40 12.7 Limited Guaranty of the Corporation 40 12.8 Subrogation 40 ARTICLE XIII. MISCELLANEOUS 40 13.1 Expenses 40 13.2 Waiver of Jury Trial 41 Module 1 — Whole Bank w/ Optional Shared Loss Agreements First Peoples Bank Version 3.1.1 — Purchase and Assumption Agreement Port St. Lucie, Florida April 27, 2011

REPRESENTATIONS AND WARRANTIES OF THE ASSUMING INSTITUTION. 34 33 11.1 Corporate Existence and Authority 34 33 11.2 Third Party Consent 34 33 11.3 Execution and Enforceability 34 11.4 Compliance with Law 34 11.5 Insured or Guaranteed Loans 35 34 11.6 Representations Remain True 35 34 11.7 No Reliance; Independent Advice 35 ARTICLE XII. XII INDEMNIFICATION 35 12.1 Indemnification of Indemnitees 35 12.2 Conditions Precedent to Indemnification 38 12.3 No Additional Warranty 39 38 12.4 Indemnification of Receiver and Corporation 39 12.5 Obligations Supplemental 40 39 12.6 Criminal Claims 40 39 12.7 Limited Guaranty of the Corporation 40 39 12.8 Subrogation 40 ARTICLE XIII. MISCELLANEOUS 40 13.1 Expenses 40 13.2 Waiver of Jury Trial 41 Module 1 — – Whole Bank w/ Optional Shared Loss Agreements i First Peoples Heritage Bank Version 3.1.1 — Purchase and Assumption Agreement Port St. Lucie– PURCHASE AND ASSUMPTION AGREEMENT Snohomish, Florida Washington April 27, 2011

REPRESENTATIONS AND WARRANTIES OF THE ASSUMING INSTITUTION. 34 35 11.1 Corporate Existence and Authority 34 35 11.2 Third Party Consent 34 36 11.3 Execution and Enforceability 34 36 11.4 Compliance with Law 34 36 11.5 Insured or Guaranteed Loans 35 36 11.6 Representations Remain True 35 36 11.7 No Reliance; Independent Advice 35 37 ARTICLE XII. XII INDEMNIFICATION 35 37 12.1 Indemnification of Indemnitees 35 37 12.2 Conditions Precedent to Indemnification 38 40 12.3 No Additional Warranty 39 40 12.4 Indemnification of Receiver and Corporation 39 41 12.5 Obligations Supplemental 40 41 12.6 Criminal Claims 40 41 12.7 Limited Guaranty of the Corporation 40 41 12.8 Subrogation 40 42 ARTICLE XIII. MISCELLANEOUS 40 42 13.1 Expenses 40 13.2 Waiver of Jury Trial 41 Module 1 — 42 Whole Bank w/ Optional Shared Loss Agreements First Peoples Heritage Bank of Florida Version 3.1.1 — Purchase and Assumption Agreement Port St. Lucie4.4 – PURCHASE AND ASSUMPTION AGREEMENT Lutz, Florida April 27September 19, 20112012

REPRESENTATIONS AND WARRANTIES OF THE ASSUMING INSTITUTION. 34 39 11.1 Corporate Existence and Authority 34 39 11.2 Third Party Consent 34 39 11.3 Execution and Enforceability 34 39 11.4 Compliance with Law 34 40 11.5 Insured or Guaranteed Loans 35 40 11.6 Representations Remain True 35 40 11.7 No Reliance; Independent Advice 35 40 ARTICLE XII. XII INDEMNIFICATION 35 41 12.1 Indemnification of Indemnitees 35 41 12.2 Conditions Precedent to Indemnification 38 43 12.3 No Additional Warranty 39 44 12.4 Indemnification of Receiver and Corporation 39 44 12.5 Obligations Supplemental 40 45 12.6 Criminal Claims 40 45 12.7 Limited Guaranty of the Corporation 40 45 12.8 Subrogation 40 46 ARTICLE XIII. MISCELLANEOUS 40 46 13.1 Expenses 40 46 13.2 Waiver of Jury Trial 41 Module 1 — Whole 46 13.3 Consent; Determination or Discretion 46 Standard P&A Agreement Version 4.2 – PURCHASE AND ASSUMPTION AGREEMENT April 24, 2012 i Xxxxxxxxxx Bank w/ Optional Shared Loss Agreements First Peoples Bank Version 3.1.1 — Purchase and Assumption Agreement Port St. Lucie& Trust Xxxxx, Florida April 27, 2011Georgia

REPRESENTATIONS AND WARRANTIES OF THE ASSUMING INSTITUTION. 34 11.1 Corporate Existence and Authority 34 11.2 Third Party Consent 34 11.3 Execution and Enforceability 34 35 11.4 Compliance with Law 34 35 11.5 Insured or Guaranteed Loans 35 11.6 Representations Remain True 35 11.7 No Reliance; Independent Advice 35 36 ARTICLE XII. XII INDEMNIFICATION 35 36 12.1 Indemnification of Indemnitees 35 36 12.2 Conditions Precedent to Indemnification 38 12.3 No Additional Warranty 39 12.4 Indemnification of Receiver and Corporation 39 12.5 Obligations Supplemental 40 12.6 Criminal Claims 40 12.7 Limited Guaranty of the Corporation 40 12.8 Subrogation 40 41 ARTICLE XIII. MISCELLANEOUS 40 41 13.1 Expenses 40 13.2 Waiver of Jury Trial 41 Module 1 — Fixed Price Whole Bank w/ Optional Shared Loss Agreements First Peoples Southern National Bank Version 3.1.1 — Purchase and Assumption Agreement Port St. Lucie3.2 – PURCHASE AND ASSUMPTION AGREEMENT Statesboro, Florida April 27Georgia July 15, 2011

REPRESENTATIONS AND WARRANTIES OF THE ASSUMING INSTITUTION. 34 35 11.1 Corporate Existence and Authority 34 35 11.2 Third Party Consent 34 35 11.3 Execution and Enforceability 34 35 11.4 Compliance with Law 34 36 11.5 Insured or Guaranteed Loans 35 36 11.6 Representations Remain True 35 36 11.7 No Reliance; Independent Advice 35 36 ARTICLE XII. XII INDEMNIFICATION 35 37 12.1 Indemnification of Indemnitees 35 37 12.2 Conditions Precedent to Indemnification 38 39 12.3 No Additional Warranty 39 40 12.4 Indemnification of Receiver and Corporation 39 40 12.5 Obligations Supplemental 40 41 12.6 Criminal Claims 40 41 12.7 Limited Guaranty of the Corporation 40 41 12.8 Subrogation 40 42 ARTICLE XIII. MISCELLANEOUS 40 42 13.1 Expenses 40 13.2 Waiver of Jury Trial 41 42 Module 1 — – Whole Bank w/ Optional Shared Loss Agreements First Peoples i Plantation Federal Bank Version 3.1.1 — Purchase and Assumption Agreement Port St. Lucie4.1 – PURCHASE AND ASSUMPTION AGREEMENT Pawleys Island, Florida April 27SC February 21, 20112012

REPRESENTATIONS AND WARRANTIES OF THE ASSUMING INSTITUTION. 34 35 11.1 Corporate Existence and Authority 34 35 11.2 Third Party Consent 34 35 11.3 Execution and Enforceability 34 35 11.4 Compliance with Law 34 35 11.5 Insured or Guaranteed Loans 35 36 11.6 Representations Remain True 35 36 11.7 No Reliance; Independent Advice 35 36 ARTICLE XII. XII INDEMNIFICATION 35 36 12.1 Indemnification of Indemnitees 35 36 12.2 Conditions Precedent to Indemnification 38 39 12.3 No Additional Warranty 39 40 12.4 Indemnification of Receiver and Corporation 39 40 12.5 Obligations Supplemental 40 41 12.6 Criminal Claims 40 41 12.7 Limited Guaranty of the Corporation 40 41 12.8 Subrogation 40 41 ARTICLE XIII. MISCELLANEOUS 40 41 13.1 Expenses 40 13.2 Waiver of Jury Trial 41 Module 1 — Whole Bank w/ Optional Shared Loss Agreements First Peoples Bank Version 3.1.1 — 4.2.2 – Purchase and And Assumption Agreement Port St. LucieJune 1, Florida April 272012 i Pxxxxx State Bank Palatka, 2011Florida