Exhibit 10.3

 

Form of Affiliate Joinder Agreement

 

THIS JOINDER AGREEMENT (the “Agreement”), dated as of [Insert Date], is among
[Insert Name of Affiliate], a [Insert Type of Organization and Jurisdiction of
Organization], having its principal place of business at [Insert Address]
(“Affiliate”), [Insert Name of Borrower] (“Borrower”) and the Federal Home Loan
Bank of Atlanta (“Bank”). The Affiliate wishes to provide security and credit
support to the Borrower under the Advances and Security Agreement, dated as of
[Insert Date of Agreement], between the Borrower and the Bank (the “Advances and
Security Agreement”). The Bank has agreed to accept such security and credit
support of Affiliate subject to the terms and conditions of this Agreement. All
of the defined terms in the Advances and Security Agreement are incorporated
herein by reference.

 

Accordingly, the Borrower and the Affiliate hereby agree as follows with the
Bank:

 

  1. The Affiliate hereby acknowledges, agrees and confirms that, by its
execution of this Agreement, the Affiliate shall be deemed to be a party to the
Advances and Security Agreement and an “Obligor” as provided therein and shall
have all of the obligations of an Obligor thereunder as if it had executed the
Advances and Security Agreement originally; provided, however, the Affiliate may
not apply to the Bank for direct Advances, Credit Products, Derivative
Transactions or Other Products. The Affiliate hereby ratifies, as of the date
hereof, and agrees to be bound by, all of the terms, provisions and conditions
contained in the Advances and Security Agreement, including, all of the
representations, warranties and affirmative and negative covenants of an Obligor
set forth therein.

 

  2. Without limiting the generality of the foregoing terms of paragraph 1, the
Affiliate hereby jointly and severally, together with all other Obligors,
guarantees to the Bank the prompt payment and performance of the Liabilities in
full when due (whether at stated maturity, as a mandatory prepayment, by
acceleration or otherwise) strictly in accordance with the terms thereof and
agrees that if any of such Liabilities are not paid or performed in full when
due (whether at stated maturity, as a mandatory prepayment, by acceleration or
otherwise), the Affiliate shall, jointly and severally together with all other
Obligors, promptly pay and perform the same, without any demand or notice
whatsoever, and that in the case of any extension of time of payment or renewal
of any of the Liabilities, the same shall be promptly paid in full when due
(whether at extended maturity, as a mandatory prepayment, by acceleration or
otherwise) in accordance with the terms of such extension or renewal.

 

  3. As security for all Liabilities, the Affiliate hereby assigns, transfers
and pledges to the Bank, and grants to the Bank a security interest in, the
following Collateral:

 

(i) All property assigned, transferred or pledged by the Affiliate to the Bank
as collateral securing Liabilities and other obligations of the Obligors as of
the date hereof, (ii) all of the Residential First Mortgage Collateral,
Commercial Mortgage Collateral, Multifamily Mortgage Collateral, HELOC and
Second Mortgage

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Collateral, Government and Agency Securities Collateral, Other Securities
Collateral, and Other Collateral, now or hereafter owned by the Affiliate,
specifically identified on Exhibit “A” attached hereto and incorporated herein,
or any substitute Exhibit “A” that may be provided by the Affiliate to the Bank,
as Qualifying Collateral and accepted by the Bank after the date hereof, and
(iii) all proceeds and products of any items of the Collateral described in
clauses (i) and (ii) above.

 

  4. The Affiliate shall furnish the following to the Bank:

 

(i) Within 90 days after the end of each fiscal year of the Affiliate, the
Affiliate’s audited consolidated and consolidating balance sheet and related
statement of operations, shareholders’ equity and cash flows as of the end of
and for such fiscal year, setting forth in each case in comparative form the
figures for the previous fiscal year, all reported on by nationally-recognized
independent accountants (without qualification or exception) that such financial
statements present fairly in all material respects the financial condition and
results of operations of the Affiliate in accordance with GAAP.

 

(ii) Within 45 days after the end of each fiscal quarter of the Affiliate, the
Affiliate’s consolidated and consolidating balance sheet and related statement
of operations, shareholders’ equity and cash flows as of the end of and for such
fiscal quarter and the then elapsed portion of the fiscal year, setting forth in
each case in comparative form the figures for the corresponding period or
periods (or, in the case of the balance sheet, as of the end) of the previous
fiscal year, all certified by the Affiliate’s chief financial officer as
presenting fairly in all material respects the financial condition and results
of operations of the Affiliate in accordance with GAAP, subject to normal
year-end audit adjustments and the absence of footnotes.

 

(iii) Together with the audited annual financial statements delivered pursuant
to clause (i) above, and together with the quarterly financial statements
delivered pursuant to clause (ii) above, the Affiliate shall deliver to the Bank
a certificate of its chief financial officer, in form and substance satisfactory
to the Bank, (a) stating that such officer has reviewed the relevant terms of
the Borrowing Documents, and has made (or caused to be made under such officer’s
supervision) a review of the transactions and conditions of the Affiliate from
the beginning of the accounting period covered by the income statements being
delivered to the date of the certificate, and that such review has not disclosed
the existence during such period of any fact, event or circumstance that
constitutes an Event of Default or that is then, or with the passage of time or
giving of notice or both, could become an Event of Default, and if any such
condition or event existed during such period or now exists, specifying the
nature and period of existence thereof and what action the Affiliate has taken
or proposes to take with respect thereto; and (b) certifying and demonstrating
that the Affiliate remains solvent as of the date of such certificate.

 

(iv) Promptly thereafter, copies of all notices, reports, correspondence and
other materials filed by the Affiliate with any governmental authority, and any
other information known to the Affiliate which could reasonably be expected to
have a Material Adverse Effect on the operations, business, or financial
condition of the Affiliate.

 

-2-

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  5. Notwithstanding any provision to the contrary contained herein or in the
Advances and Security Agreement, to the extent the obligations of the Affiliate
shall be adjudicated to be invalid or unenforceable for any reason (including,
because of any applicable state or federal law relating to fraudulent
conveyances or transfers) then the obligations of the Affiliate hereunder shall
be limited to the maximum amount that is permissible under applicable law
(whether federal or state and including, the United States Bankruptcy Code).

 

  6. The Affiliate agrees that to the extent that any Obligor shall make a
payment or a transfer of an interest in any property to the Bank, which payment
or transfer or any part thereof is subsequently invalidated, declared to be
fraudulent or preferential, or otherwise is avoided, and/or required to be
repaid to any Obligor, the estate of any Obligor, a trustee, receiver or any
other party under any bankruptcy law, state or federal law, common law or
equitable cause, then to the extent of such avoidance or repayment, the
obligation or part thereof intended to be satisfied shall be revived and
continued in full force and effect as if said payment had not been made.

 

  7. The liability of the Affiliate hereunder is exclusive and independent of
any other security for the Liabilities; a separate action or actions may be
brought and prosecuted against the Affiliate whether or not action is brought
against any other guarantor or Obligor and whether or not any other guarantor or
Obligor is joined in any such action or actions; and the Affiliate’s liability
hereunder shall not be affected or impaired by (a) any direction as to
application of payment by any Obligor or by any other party, or (b) any other
continuing or other guaranty, undertaking or maximum liability of a guarantor or
of any other party as to the Liabilities, or (c) any payment on or reduction of
any such other guaranty or undertaking, or (d) any dissolution, termination or
increase, decrease or change in personnel by any Obligor, or (e) any payment
made to the Bank on the Liabilities which the Bank repays to any Obligor
pursuant to court order in any bankruptcy, reorganization, arrangement,
moratorium or other debtor relief proceeding, and the Affiliate waives any right
to the deferral or modification of its obligations hereunder by reason of any
such proceeding.

 

  8. The Affiliate authorizes the Bank without consent of the Affiliate or
notice or demand (except as shall be required by applicable statute and cannot
be waived), and without affecting or impairing its liability hereunder, from
time to time to (a) make additional Advances to the Borrower, and enter into
agreements for Credit Products and Other Products and Derivative Transactions
with the Borrower, (b) change the terms of the Liabilities or any part thereof,
solely with the consent of the Borrower, (c) take and hold security from any
other guarantor or any other party for the payment of this guaranty or the
Liabilities and exchange, enforce waive and release any such security, and apply
such security and direct the order or manner of sale thereof as the Bank in its
discretion may determine and (d) release or substitute any one or more
endorsers, guarantors or Obligors.

 

  9.

It is not necessary for the Bank to inquire into the capacity or powers of any
Obligor

 

-3-

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or the Affiliate or the officers, directors, members, partners or agents acting
or purporting to act on its behalf, and any Liabilities made or created in
reliance upon the professed exercise of such powers shall be guaranteed
hereunder.

 

  10. The Affiliate waives any right (except as shall be required by applicable
statute and cannot be waived) to require the Bank to (i) proceed against any
Obligor, any other guarantor or any other party, (ii) proceed against or exhaust
any security held from any Obligor, any other guarantor or any other party, or
(iii) pursue any other remedy in the Bank’s power whatsoever. The Affiliate
waives any defense based on or arising out of any defense of any Obligor, any
other guarantor or any other party other than payment in full of the
Liabilities, including, any defense based on or arising out of the disability of
any Obligor, any other guarantor or any other party, or the unenforceability of
the Liabilities or any part thereof from any cause, or the cessation from any
cause of the liability of any Obligor other than payment in full of the
Liabilities. The Bank may, at its election, foreclose on any security held by
the Bank by one or more judicial or nonjudicial sales, whether or not every
aspect of any such sale is commercially reasonable (to the extent such sale is
permitted by applicable law), or exercise any other right or remedy the Bank may
have against any Obligor or any other party, or any security, without affecting
or impairing in any way the liability of the Affiliate hereunder except to the
extent the Liabilities have been paid. The Affiliate waives any defense arising
out of any such election by the Bank, even though such election operates to
impair or extinguish any right of reimbursement or subrogation or other right or
remedy of the Affiliate against any Obligor or any other party or any security.

 

The Affiliate waives all presentments, demands for performance, protests and
notices, including, notices of nonperformance, notice of protest, notices of
dishonor, notices of acceptance of this guaranty, and notices of the existence,
creation or incurring of new or additional Liabilities. The Affiliate assumes
all responsibility for being and keeping itself informed of the other Obligors’
financial condition and assets, and of all other circumstances bearing upon the
risk of nonpayment of the Liabilities and the nature, scope and extent of the
risks which the Affiliate assumes and incurs hereunder, and agrees that the Bank
shall not have any duty to advise the Affiliate of information known to it
regarding such circumstances or risks.

 

AFFILIATE HEREBY EXPRESSLY WAIVES AND SURRENDERS ANY DEFENSE TO ITS LIABILITY
UNDER THIS AGREEMENT BASED UPON ANY OF THE FOREGOING ACTS, OMISSIONS,
AGREEMENTS, WAIVERS OR MATTERS AND EXPRESSLY WAIVES THE BENEFITS OF O.C.G.A.
§§10-7-2, 10-7-21, 10-7-22, 10-7-23 AND 10-7-24. IT IS THE PURPOSE AND INTENT OF
THIS AGREEMENT THAT THE OBLIGATIONS OF AFFILIATE HEREUNDER SHALL BE ABSOLUTE AND
UNCONDITIONAL UNDER ANY AND ALL CIRCUMSTANCES.

 

The Affiliate hereby agrees it shall not exercise, and irrevocably waives, any
rights of subrogation which it may at any time otherwise have as a result of
this guaranty (whether contractual, under Section 509 of the United States
Bankruptcy Code, or

 

-4-

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otherwise) to the claims of the Bank against the Obligors or any other guarantor
of the Liabilities (collectively, the “Other Parties”) and all contractual,
statutory or common law rights of reimbursement, contribution or indemnity from
any Other Party which it may at any time otherwise have as a result of this
guaranty. The Affiliate hereby further agrees not to exercise any right to
enforce any other remedy which the Bank now has or may hereafter have against
any Other Party, any endorser or any other guarantor of all or any part of the
Liabilities and any benefit of, and any right to participate in, any security or
collateral given to or for the benefit of the Bank to secure payment of the
Liabilities.

 

  11. The Affiliate hereby grants to the Bank a continuing security interest in,
and a right of set off against any and all right, title and interest of the
Affiliate in and to its Collateral.

 

  12. The Affiliate acknowledges and confirms that it has received a copy of the
Advances and Security Agreement and has reviewed and understands such Advances
and Security Agreement.

 

  13. The Borrower and the Affiliates hereby agree that the Liabilities shall
have priority in right and remedy over any indebtedness or other obligations,
whenever made and however evidenced, by such Borrower or Affiliate to the
Borrower or any other Affiliate (“Intercompany Indebtedness”). The Borrower
hereby subordinates the lien securing any Intercompany Indebtedness and any
security arrangements with respect to Intercompany Indebtedness to the lien of
this agreement securing the Liabilities.

 

  14. Each Obligor hereby represents and warrants that, as of the date hereof,
the date of each Advance, Credit Product, Derivative Transaction or Other
Product, and the date of delivery of each collateral report required under
Section 3.07(A) of the Advances and Security Agreement:

 

(i) (a) The Affiliate has received valuable consideration, fair value, fair
consideration or reasonably equivalent value for entering into this Agreement
and (b) the performance by the Affiliate of its obligations hereunder shall not
render the Affiliate insolvent, reduce the Affiliate’s capital to an
unreasonably small amount or reduce the Affiliate’s assets to an amount less
than that necessary to conduct its business, or cause the Affiliate to have
incurred debts (or to have intended to have incurred debts) beyond its ability
to pay such debts as they mature.

 

(ii) Either (a) the Borrower directly owns 100% of the voting and other equity
interests in the Affiliate (provided, however, that any such Affiliate which is
a real estate investment trust (a “REIT”) may issue preferred equity to
employees of the Borrower or such Affiliate in an amount not to exceed that
which is necessary to qualify as a REIT under the Internal Revenue Code of 1986,
as amended) and each certificate evidencing such voting and other equity
interests contain a legend as set forth below prohibiting the transfer thereof
in violation of this provision, or (b) the Affiliate directly owns 100% of the
voting and other equity interests in the Borrower and each certificate
evidencing such voting and other equity interests contain a legend as set forth
below prohibiting the transfer thereof in violation of this provision.

 

-5-

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Form of Legend:

 

THE [SHARES] [MEMBERSHIP INTERESTS] [PARTNERSHIP INTERESTS] REPRESENTED BY THIS
CERTIFICATE MAY NOT BE SOLD, ASSIGNED, CONVEYED, PLEDGED OR OTHERWISE
TRANSFERRED IN VIOLATION OF SECTION 14(ii) OF THAT CERTAIN JOINDER AGREEMENT
DATED AS OF                     ,              AMONG [AFFILIATE], [BORROWER] AND
THE FEDERAL HOME LOAN BANK OF ATLANTA, AS THE SAME MAY BE AMENDED, RESTATED,
SUPPLEMENTED OR OTHERWISE MODIFIED FROM TIME TO TIME. ANY PURPORTED SALE,
ASSIGNMENT, CONVEYANCE, PLEDGE OR OTHER TRANSFER OF [SHARES] [MEMBERSHIP
INTERESTS] [PARTNERSHIP INTERESTS] IN VIOLATION OF SAID AGREEMENT SHALL BE VOID
AB INITIO AND OF NO FORCE OR EFFECT.]

 

(iii) The Affiliate is not liable for Borrowed Money to any Person, except the
Bank and the Borrower.

 

(iv) The Collateral pledged by the Affiliate hereunder was previously owned by
the Borrower and was transferred to the Affiliate subject to the pre-existing
security interest of the Bank. The Affiliate acknowledges that the consent of
the Bank was required prior to such transfer and that in consideration of such
consent and in exchange therefor, the Affiliate hereby agrees and confirms that
the security and collateral interest of the Bank in the Collateral shall secure
all existing and future Liabilities, however and whenever arising.

 

  15. Until the termination of this Agreement and the indefeasible satisfaction
in full of all of the Liabilities:

 

(i) The Affiliate will not incur or permit to exist any liability for Borrowed
Money to any Person, except the Bank and the Borrower.

 

(ii) The Affiliate will not directly or indirectly: (a) amend, modify or waive
any term or provision of its organizational documents, including its articles of
incorporation, certificates of designations pertaining to preferred stock,
by-laws, partnership agreement or operating agreement unless required by law;
(b) enter into any transaction of merger or consolidation; (c) liquidate,
wind-up or dissolve itself (or suffer any liquidation or dissolution); or (d)
acquire by purchase or otherwise all or any substantial part of the business or
assets of any other Person.

 

(iii) The Affiliate will not directly or indirectly enter into or permit to
exist any transaction (including the purchase, sale, lease or exchange of any
property or the rendering of any management, consulting, investment banking,
advisory or other similar services) with any affiliate of the Affiliate (other
than the Borrower) or

 

-6-

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with any director, officer or employee of any Obligor, except (a) transactions
in the ordinary course of and pursuant to the reasonable requirements of the
business of the Affiliate and upon fair and reasonable terms which are no less
favorable to the Affiliate than would be obtained in a comparable arm’s length
transaction with a Person that is not an affiliate of the Affiliate, and (b)
payment of reasonable compensation to directors, officers and employees for
services actually rendered to the Affiliate.

 

  16. The Borrower confirms that all of its obligations under the Advances and
Security Agreement are, and upon Affiliate becoming a party to such Advances and
Security Agreement, shall continue to be, in full force and effect. The parties
hereto confirm and agree that immediately upon Affiliate becoming a party to the
Advances and Security Agreement the term “Liabilities,” as used in the Advances
and Security Agreement, shall include all obligations of the Affiliate from time
to time under the Advances and Security Agreement.

 

  17. The Affiliate agrees that at any time and from time to time, upon the
written request of the Bank, it will execute and deliver such further documents
and do such further acts and things as the Bank may reasonably request in order
to effect the purposes of this Agreement.

 

  18. This Agreement may be executed in two or more counterparts, each of which
shall constitute an original but all of which when taken together shall
constitute one contract.

 

  19. This Agreement shall be governed by and construed and interpreted in
accordance with the laws (exclusive of the choice of law provisions) of the
State of Georgia.

 

[Signatures appear on following page.]

 

-7-

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IN WITNESS WHEREOF, each of the Borrower, the Affiliate and the Bank has caused
this Agreement to be duly executed by its authorized officers, as of the day and
year first above written.

 

[BORROWER]

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

--------------------------------------------------------------------------------

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

--------------------------------------------------------------------------------

[AFFILIATE]

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

--------------------------------------------------------------------------------

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

--------------------------------------------------------------------------------

FEDERAL HOME LOAN BANK OF ATLANTA

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

--------------------------------------------------------------------------------

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

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-8-

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Attach Collateral Description

for Joinder Agreement

as Exhibit “A”

 

-9-

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EXHIBIT B

 

Form of Collateral Pledge Amendment

 

THIS COLLATERAL PLEDGE AMENDMENT (the “Amendment”), dated as of [Insert Date],
is among [Insert Name of Affiliate] (“Affiliate”), [Insert Name of Borrower]
(“Borrower” and together with the Affiliate, “Obligors”) and the Federal Home
Loan Bank of Atlanta (“Bank”). The Obligors and the Bank wish to amend Section
3.01 of the Advances and Security Agreement, dated as of [Insert Date of
Agreement], between the Borrower and the Bank, as amended by a Joinder
Agreement, dated as of [Insert Date of Joinder], among the Obligors and the Bank
(the “Advances and Security Agreement”). All of the defined terms in the
Advances and Security Agreement are incorporated herein by reference.

 

Accordingly, the Obligors and the Bank hereby agree as follows:

 

***CHOOSE ONLY ONE OF THE FOLLOWING ALTERNATIVES FOR SECTION 1***

 

  [1. Section 3.01 of the Advances and Security Agreement is hereby amended as
follows:

 

The Collateral marked below is hereby removed and deleted in its entirety from
the pledge of Collateral by the Obligors to the Bank pursuant to Section
3.01(ii) of the Advances and Security Agreement:

 

       

Bank:

--------------------------------------------------------------------------------

 

Borrower:

--------------------------------------------------------------------------------

 

Affiliate:

--------------------------------------------------------------------------------

q

 

Residential First

               

Mortgage

 

By:                                             

 

By:                                             

 

By:                                             

   

Collateral

 

Title:                                         

 

Title:                                         

 

Title:                                         

q

 

Multifamily

               

Mortgage

 

By:                                             

 

By:                                             

 

By:                                             

   

Collateral

 

Title:                                         

 

Title:                                         

 

Title:                                         

q

 

HELOC and

               

Second

 

By:                                             

 

By:                                             

 

By:                                             

   

Mortgage

 

Title:                                         

 

Title:                                         

 

Title:                                         ]

   

Collateral

           

q

 

Commercial

               

Mortgage

 

By:                                             

 

By:                                             

 

By:                                             

   

Collateral

 

Title:                                         

 

Title:                                         

 

Title:                                         

 

***OR***

 

[To the extent that a category has been previously deleted, and the parties now
want to grant such a pledge]

 

-1-

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  [1. Section 3.01 of the Advances and Security Agreement is hereby amended as
follows:

 

As security for all Liabilities, each Obligor hereby assigns, transfers and
pledges to the Bank, and grants to the Bank a security interest in, all of the
Collateral marked below:

 

        

Bank:

--------------------------------------------------------------------------------

 

Borrower:

--------------------------------------------------------------------------------

 

Affiliate:

--------------------------------------------------------------------------------

q

 

Residential First

                

Mortgage

  

By:                                             

 

By:                                             

 

By:                                             

   

Collateral

  

Title:                                         

 

Title:                                         

 

Title:                                         

q

 

Multifamily

                

Mortgage

  

By:                                             

 

By:                                             

 

By:                                             

   

Collateral

  

Title:                                         

 

Title:                                         

 

Title:                                         

q

 

HELOC and

                

Second Mortgage

  

By:                                             

 

By:                                             

 

By:                                             

   

Collateral

  

Title:                                         

 

Title:                                         

 

Title:                                         ]

q

 

Commercial

                

Mortgage

  

By:                                             

 

By:                                             

 

By:                                             

   

Collateral

  

Title:                                         

 

Title:                                         

 

Title:                                         

 

Each Obligor acknowledges and agrees that such Collateral will be treated as
Collateral for all purposes under the Advances and Security Agreement, and that
such Collateral shall be subject to all of the terms and conditions thereof.

 

  2. The Borrower hereby acknowledges and agrees that, except as expressly
provided below, at any time required in the Credit and Collateral Policy, it
will assign, transfer and pledge to the Bank, and grant to the Bank a security
interest in, all of the Borrower’s Residential First Mortgage Collateral,
Multifamily Mortgage Collateral, HELOC and Second Mortgage Collateral, and
Commercial Mortgage Collateral. Notwithstanding the previous sentence, the
Borrower shall not be required to assign, transfer, pledge to the Bank, or grant
to the Bank a security interest in, all of the Borrower’s Residential First
Mortgage Collateral, Multifamily Mortgage Collateral, HELOC and Second Mortgage
Collateral, and Commercial Mortgage Collateral, so long as, at such time
provided in the Credit and Collateral Policy, and at all times thereafter, the
Borrower meets each of the following conditions:

 

  •   Total assets of the Borrower exceed $250,000,000,000; and

 

  •   The ratio of Liabilities to total assets of the Borrower does not exceed
10 percent.

 

-2-

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  3. This Amendment may be executed in two or more counterparts, each of which
shall constitute an original but all of which when taken together shall
constitute one contract.

 

  4. This Amendment shall be governed by and construed and interpreted in
accordance with the laws of the State of Georgia.

 

[Signatures appear on following page.]

 

-3-

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IN WITNESS WHEREOF, each of the Borrower, the Affiliate and the Bank has caused
this Amendment to be duly executed by its authorized officers, as of the day and
year first above written.

 

[BORROWER]

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

--------------------------------------------------------------------------------

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

--------------------------------------------------------------------------------

[AFFILIATE]

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

--------------------------------------------------------------------------------

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

--------------------------------------------------------------------------------

FEDERAL HOME LOAN BANK OF ATLANTA

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

--------------------------------------------------------------------------------

By:

 

 

--------------------------------------------------------------------------------

Name:

 

 

--------------------------------------------------------------------------------

Title:

 

 

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-4-