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                                                                         EX 10.2

                  GENERAL SUPPORT SERVICES AND RENTAL AGREEMENT
                                   (MM&S/WULA)

         Agreement made this 1st day of April, 1998, by and between WESTERN
UNITED LIFE ASSURANCE COMPANY. ("WESTERN"), and METROPOLITAN MORTGAGE &
SECURITIES CO., INC., ("METROPOLITAN") hereinafter jointly referred to as the
"Parties".

                                   WITNESSETH

         WHEREAS, METROPOLITAN is a financial institution with several divisions
providing accounting, legal, human resources, information systems and other
general business support activities, and has rental space available.

         WHEREAS, WESTERN desires to obtain from METROPOLITAN general support
services, and rent space;

         NOW THEREFORE, for the foregoing reasons and in consideration of the
mutual promises, covenants and agreements set forth herein, the Parties promise,
covenant and agree as follows:

1.       DESCRIPTION OF SERVICES

         a.       Administrative Support Services:

         METROPOLITAN hereby shall provide WESTERN general support services
         including but not limited to, human resources, information systems, art
         and advertising, accounting, legal, marketing, disaster recovery
         planning, check processing, cashiering services, financial advice and
         securities and mortgage portfolio management services.

         b.       Office Space:

         METROPOLITAN hereby leases to WESTERN certain office space at 916 W.
         First Avenue, Spokane, Washington and/or such other location as agreed
         to by the Parties. Such lease includes office furnishings and equipment
         as deemed desirable by WESTERN and is provided on a triple net basis.

2.       MONTHLY FEES

         a.       General Support Services

                  I.       WESTERN will pay METROPOLITAN a monthly fee for
                           general administrative support provided by
                           METROPOLITAN TO WESTERN. It is the intent of the
                           Parties hereto that the general administrative
                           support fees be calculated monthly at a fair and
                           equitable rate that reflects the current market cost
                           for comparable services.

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                  II.      METROPOLITAN has developed and shall continue to
                           maintain a cost allocation system designed to measure
                           the activity of the general support services
                           departments used by both Parties, to provide a basis
                           for allocation of the costs generated by those
                           departments. The cost allocation system shall be
                           expressed in terms of labor hours, machine hours,
                           square footage, and/or other appropriate measures.
                           The methodology used for determining the fees may be
                           reviewed by either party at any time, and is subject
                           to change by mutual agreement of the parties as the
                           specific services may vary, or other applicable
                           conditions warrant.




                  b.       Rent:    $7,000.00 per mo through October 31, 1998

                                    $10,000.00 per mo from November 1, 1998


         b.       Mortgage/Receivable Portfolio     50 bps per month, of monthly
                                                    management beginning
                                                    portfolio balance

         c.       Securities Portfolio management:  1/2 of 1% of portfolio, paid
                                                    monthly

         d.       Cash management (overnight,       1/10 of 1% of monthly
                         repo and repo borrowing)   average

         e.       Vantage I                         90% of the Amortization Fee
                                                    - (currently $20,700 per
                                                    month)

3.       NON-EXCLUSIVITY OF AGREEMENT

         This Agreement is non-exclusive. WESTERN reserves the right and
privilege to employ and engage, from time to time, any other entity or person to
perform any of the services which are the subject of this Agreement, or may its
self perform any such services. Such actions by WESTERN shall not be construed
as an event of termination of this Agreement.

4.       DELEGATION

         METROPOLITAN may utilize, delegate to or subcontract with any of its
subsidiaries, divisions, affiliates or third parties in connection with its
performance of the terms of this Agreement, in full or in part, as deemed
appropriate at METROPOLITAN's discretion.

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5.       RIGHT TO EXAMINE METROPOLITAN'S RECORDS

         WESTERN shall have the right to examine and audit any and all of the
books, records, or other information of METROPOLITAN, with respect to or
concerning the services provided or fees charged pursuant to this Agreement
during business hours or at such other times as may be reasonable under
applicable circumstances.

6.       EVENT OF DEFAULT

         The following shall be construed as an event of default:

         a. The failure by WESTERN to deliver any sums required to be paid to
         METROPOLITAN pursuant to the terms of this Agreement.

         b. The failure of either Party to perform in accordance with the terms
         and conditions of this Agreement to the extent that such failure to
         perform shall constitute a material breach of a term or condition of
         this Agreement.

7.       TERMINATION

         Either Party may terminate this Agreement in whole or in part by
providing written notice of termination to the other Party, in which event this
Agreement shall terminate immediately upon receipt of such notice or at such
later date as provided in said notice.

8.       NOTICE

         Notice under this Agreement shall be in writing, and delivered by hand,
receipt acknowledged, or delivered by registered certified United States mail,
return receipt requested, and if refused, by regular United States mail,
addressed to the Parties as stated below:


                     ATTN:  PRESIDENT
                     METROPOLITAN MORTGAGE & SECURITIES CO., INC.
                     601 W. 1st Avenue
                     Spokane, WA 99201-5015.


                     ATTN:  PRESIDENT
                     WESTERN UNITED LIFE ASSURANCE COMPANY.
                     916 W. First Avenue
                     Spokane WA 99204

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9.       BINDING EFFECT

         This Agreement sets forth the entire Agreement between the Parties, and
shall be binding upon all successors and assigns of both of the Parties hereto,
and shall be construed under the laws of the State of Washington.

10.      PRIOR AGREEMENTS

         This Agreement replaces and supersedes each and every prior Agreement
executed by the Parties related to the General Support Services and Rental
provided by METROPOLITAN to WESTERN.

         This Agreement is executed the day, month, and year first above written
by the duly authorized officers of each Party.

METROPOLITAN MORTGAGE &                          WESTERN UNITED LIFE
SECURITIES CO., INC.                             ASSURANCE COMPANY


By:                                              By:
    --------------------------                      --------------------------
    Bruce J. Blohowiak                              John Van Engelen
    Executive Vice President                        President