Exhibit 10.6


March 31, 2000


Southern Security Bank Corporation

Attention: Mr. Harold L. Connell, President and CEO

P.O. Box 6699

Hollywood, Florida 33081-6699


Dear Mr. Connell:


Please be advised that effective April 1, 2000, I voluntarily waive certain elements
expressed in my Executive Employment Agreement of June 11, 1992, and all amendments
thereto as cited below.  I further understand that based upon the profitability of the
Bank and upon approval of the Board of Directors some additional benefits will be
considered in the future.  Those items as outlined n previous documents as numbered
below are waived or modified as follows:


	1.	Paragraph 4 (b) "Additional Compensation".  In addition subparagraph (a) shall
         establish an incentive bonus program which Executive shall participate in.
	2.	Future grants under Paragraph 5 "Stock Options" under which subparagraphs (a)
         removes provisions of previous options granted (b) which provide for loans to
         exercise options, and (d) removes any obligation to the company to reimburse for
         taxes assessed on future stock options.  Subparagraph (c) which allows the
         executive ten (10) years from date of termination to exercise stock options
         previously granted.  It is understood that the exercise term of all options
         previously granted shall remain in effect.
	3.	Paragraph 6, "Executive Benefits" except the subparagraphs (a), (f), and (h).
         Paragraph 6(b) shall read as follows: "Executive shall participate in the
         disability plan provided to all executives of the company".  Paragraph 6(c) shall
         be modified to providing the Executive with a Term Life Insurance Policy of $1
         million.
	4.	Refers to Paragraph 5(b) Stock Options and those provisions to provide a loan to
         exercise future stock options.  This provision is removed in #2 above.
	5.	This provision refers to paragraph 5(d) which is removed under #2 above.
	6.	This provision refers to Paragraph 6(b) "Executive Benefits" which is addressed
         in #3 above under which the Executive shall participate in the normal disability
         group plan offered to all executive officers.  Reference to any separate
         disability insurance is waived.
	7.	This provision refers to paragraph 6 "Executive Benefits" subparagraph (c) Term
         Life Insurance which is modified under #3 above where by the company agrees to
         provide a $1 million Term Life Insurance Policy to the Executive and the Executive
         has the right to name the beneficiary of his choice.
	8.	This provision refers to paragraph 6 "Executive Benefits" subparagraph (f)
         referring to the automobile allowance which shall remain in effect.
	9.	This provision refers to paragraph 6 "Executive Benefits" subparagraph (a) which
         refers to provision of comprehensive medical and dental insurance for the
         Executive and his family.  This provision remains in effect.



In addition under the heading "Termination Payment" it is understood that the lump sum
shall be modified from 200% to 100% or one years salary plus benefits.


If you have any questions on the above, please advise.


Sincerely yours,




Philip C. Modder

Executive


ACCEPTED BY:



Harold L. Connell, President & CEO            Date