**Exhibit 10.2****INTERCREDITOR AGREEMENT**THIS INTERCREDITOR AGREEMENT, dated as of May 4, 2005, (this“Agreement”), is entered into by and between VESTIN MORTGAGE, INC.,a Nevada corporation (“Vestin Mortgage”), VESTIN FUND I, LLC, aNevada limited liability company *(“Vestin Fund I”)* andVESTIN FUND II, LLC, a Nevada limited liability company*(“Vestin Fund II”)* whose principal place of business andpost office address is 8379 West Sunset Road, Las Vegas, Nevada89113, (individually, “Lead Lender, or collectively, “LeadLenders” and OWENS FINANCIAL GROUP, INC., a California corporation(“Owens Financial”) and Owens Mortgage Investment Fund, aCalifornia Limited Partnership (“Owens Mortgage Investment Fund”)whose principal place of business and post office address is 2221Olympic Boulevard, Walnut Creek, California 94595, (individually, a“Lender”, or collectively, “Lenders”)**RECITALS:**A. Vestin Fund I is an SEC registered direct participationprogram that provides financing secured by deeds of trust ormortgages on real property. B. Vestin Fund II is a SEC registered direct participationprogram that provides financing secured by deeds of trust ormortgages on real property. C. Vestin Mortgage is the Manager for Vestin Fund I andVestin Fund II. D. Owens Mortgage Investment Fund is a SEC registered publicpartnership that provides financing and owns notes secured by deedsof trust or mortgages on real property. E. Owens Financial is the General Partner of Owens MortgageInvestment Fund. F. Owens Financial and Owens Mortgage Investment Fund haveagreed to fund a $5,000,000.00 portion of a $20,800,000.000 loan toDesert Land Holdings, LLC, a California limited liability company, aloan originated by Vestin Mortgage, Inc. H. The Lead Lenders and Lenders enter into this Agreement to,among other things, further define their respective rights, duties,authorities and responsibilities regarding their proposed sharedinterests in the and to define the priority of payment for all of theproceeds from the assigned participation in the loan.NOWTHEREFORE, for good and valuable consideration, the receipt andsufficiency of which is hereby acknowledged, and based upon theforegoing Recitals which are an integral part of this Agreement, aswell as the mutual covenants and promises contained herein, VestinMortgage, Vestin Fund I, Vestin Fund II, Owens Financial,and Owens Mortgage Investment Fund hereby agree as follows:
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SECTION 1.DEFINITIONS     Section 1.1Definitions. All capitalized terms used in this Agreementshall have the meanings assigned to them below in this Section 1or in the provisions of this Agreement referred to below:     “Agreement”shall mean this Intercreditor Agreement as amended, modified orrestated in accordance with the terms hereof.     “Assignment”shall mean the actual recorded assignment of a specific percentageinterest in a “Loan”.     “BankruptcyProceeding” shall mean, with respect to any Person, a generalassignment by such Person for the benefit of its creditors, or theinstitution by or against such Person of any proceeding seeking itsrelief as debtor, or seeking to adjudicate such Person as bankrupt orinsolvent, or seeking reorganization, arrangement, adjustment orcomposition of such Person or its debts, under any law relating tobankruptcy, insolvency, reorganization or relief of debtors, orseeking appointment of a receiver, trustee, custodian or othersimilar official for such Person or for any substantial part of itsproperty.     “Borrowers”shall mean any person or entity that obligates itself or its propertyas security for a “Loan”.     “Collateral”shall mean all the real and personal property collateral under theLoan Documents.     “Default”shall mean any event or condition, the occurrence of which would,with the lapse of time or the giving of notice, or both, pursuant tothe “Loan Documents” constitute an Event of Default.     “InterestRate” shall mean the rate of interest paid to Owens Financial orOwens Mortgage Investment Fund for their “ParticipationInterest” in the “Loan”. This rate shall be a fixedrate for the duration of the “Loan” at 14.0%. Interestshall be paid at the rate of 10.0%, with the remaining 4.0% to bepaid upon the maturity of the Loan.     “LateCharges” shall mean the late charges and or default rate chargedto Borrowers in the event of default or late payments under the“Loan Documents”.     “LeadLender and Lead Lenders” shall mean Vestin Mortgage, VestinFund I, Vestin Fund II or any successor lead lender.     “Lenderand Lenders” shall mean Owens Financial or Owens MortgageInvestment Fund or their assignee.-2-

 
     “Loan Documents” shall mean all of the various notes,deeds of trusts, guarantees, title policies, securityagreements, loan agreements, assignment of rents and profits, andwhatever documents are in existence to protect and secure therepayment of the Borrowers obligations under the note.     “Loan” shall mean the note, and all of the documentsand agreements that evidence and secure the debt of the“Borrowers”.     “Priority of Payment” shall mean the order in whichpayments are made to the “Lead Lender” and to the“Lender”.     “Participation Interest” shall signify amount indollars of the “Assignment” owned by Owens Financialand Owens Mortgage Investment Fund in the “Loan”.     1.2     Effectiveness of thisAgreement. The effectiveness of this Agreement isconditioned upon (a) the execution and delivery of thisAgreement by the Lead Lenders and the Lenders, (b) theexecution, delivery and effectiveness of the Loan Documents bythe Lead Lenders, and the payment of the Participation Interestby Lenders to the Lead Lenders.**SECTION 2. RELATIONSHIP AMONG LENDERS**     2.1     Restrictions on Actions.Lead Lenders agree that, so long as any portion of a Loan isoutstanding or unpaid they shall, for the benefit of Lenders,except as permitted under this Agreement: (a)    Notify Lenders before taking or filing any action, judicial or    otherwise, to enforce any rights or pursue any remedy under the    Loan Documents, except for delivering notices hereunder.  (b)    Refrain from (1) selling any portion of the Loan to the    Borrowers or any affiliate of the Borrowers and    (2) accepting any substitute guaranty or any other security    for, the Loan from the Borrowers or any Affiliate of the    Borrowers, without Lenders consent. In the event Lender refuses    to consent to such requested action, Lead Lenders shall be    entitled to either repurchase Lenders Participation Interest for    the amount of principal and accrued interest outstanding or    offer the Lenders a Substitution of Security.     2.2     Representations andWarranties. Lead Lenders and Lenders represent and warrantto each other that:
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(a)  It (i) is a legal entity duly organized, existing andin good standing under the laws and governmental authority of thejurisdiction of its domicile, and (ii) has all requisitecorporate power to own its property and conduct its business as nowconducted and as presently contemplated.(b)  The execution, delivery and performance by such LeadLenders or Lenders of this Agreement has been authorized by allnecessary proceedings (corporate or otherwise) and does not and willnot contravene any provision of law, its charter or by-laws oroperating agreement or any amendment thereof, or of any indenture,agreement, instrument or undertaking binding upon such Lead Lendersor Lenders.(c)  The execution, delivery and performance by such LeadLenders or Lenders of this Agreement will result in a valid andlegally binding obligation of such Lead Lenders or Lendersenforceable in accordance with its terms, subject to bankruptcy,insolvency, fraudulent conveyance and similar laws affectingcreditors’ rights generally, and general principles of equity(regardless of whether the application of such principles isconsidered in a proceeding in equity or at law).(d)  It has received and approved, as to form and content,sample copies of the Loan Documents and Assignments, however, suchapproval shall not operate as a warranty or representation of theadequacy, validity or binding effect of any of the Loan Documents orAssignments.2.3   Cooperation; Accountings. Lead Lenders will, uponthe reasonable request of Lenders, from time to time execute and deliveror cause to be executed and delivered in a timely fashion suchfurther instruments, and do and cause to be done such further acts asmay be necessary or proper to carry out more effectively theprovisions of this Agreement. The Lead Lenders agree to provide toLenders upon reasonable request, but in no event more frequently thanonce a month, a statement of all payments received in respect of theLoan.2.4   Reliance on Lead Lenders. The Lead Lenders shallpromptly provide to Lenders a copy of all financial statements andreports of operating results and other documents and informationreceived by the Lead Lenders in its capacity as such pursuant to theLoan Documents. The Lead Lenders shall have a duty and responsibilityto provide Lenders with any credit or other information concerningthe affairs, financial condition or business of the Borrowers whichmay come into the possession of the Lead Lenders, including financialstatements, credit reports and any other documents and information.2.5   Limitation on Lead Lender’s Liability.(a)  In addition to the Lead Lender’s failure to complywith the terms
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of this Agreement, including the Priority of Payment, theLenders shall have full recourse against Lead Lenders for theamounts payable by the terms of this agreement. Lead Lendersobligation with respect to such payments shall be to remit tothe Lenders a monthly payment based on the agreed Interest Ratecalculated on the Participation Interest and the principalamount of the Participation Interest when a Loan pays off ormatures in accordance with this Agreement.          (b) Although Lead Lenders will exercise the same care inadministering the Loan as if the Loan were made entirely forLead Lenders’ own account, Lead Lenders liability shall belimited to the Lenders Participation Interest and the amountpayable on that at the Interest Rate, except for a loss due toLead Lenders’ own gross negligence, willful acts ormisconduct.          (c) Lead Lenders shall be entitled to rely upon anycertification, notice or other communication (including anythereof by telephone, telex, telegram, cable or telecopy)believed by it to be genuine and correct and to have been signedor sent by or on behalf of the Lenders. Should approval of anyaction, any inaction or any proposed course of conduct inadministering the Loan (either before or after the occurrence ofan Event of Default) be requested in writing by the Lead Lendersfrom Lenders, such Lenders shall approve or deny such requestin writing and shall deliver the writing to the Lead Lenderswithin ten (10) calendar days after the Lenders’receipt of the Lead Lender’s request. Any Lenders’failure to respond within the ten (10) calendar days shallbe deemed consent by such Lender to such request.          (d) Lead Lenders do not assume and shall have noresponsibility or liability, express or implied, for(i) the collectibility of the Loan made to Borrowers under,or the enforceability of, any of the Loan Documents, or(ii) the financial condition or creditworthiness of theBorrowers, or (iii) any credit or other informationfurnished by the Borrowers to Lead Lenders, or (iv) thevalue of any collateral for the Loan.     2.6 Lead Lender Rights as Lender. The Lead Lender inits capacity as a lender hereunder shall have the same rights,powers and obligations hereunder as all other Lenders and mayexercise the same as though it were not acting as the LeadLender.
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**SECTION 3.     ADMINISTRATION OF LOAN**     3.1     Administration and Servicingof Loan. In administering and servicing the Loan, LeadLenders shall act in its own behalf as to its interest in theLoan and shall act as an independent contractor (and not as anagent or trustee) for the Lenders with respect to theirrespective interests in the Loan. The lenders hereby appoint andauthorize Lead lenders to act for and on behalf of the Lenderswith regard to the Loan, subject to the restrictions set forthin this Agreement. Lead Lenders shall utilize its own facilitiesand equipment and its own employees and other persons authorizedunder the Loan Documents in the administering and servicing ofthe Loans, all without cost to the Lenders.     In its administering and servicing of the Loan, Lead Lendersshall perform the following duties (the enumeration of saidduties not being intended to limit the duties to be performed byLead Lenders in accordance with the foregoing paragraph) andshall be subject to the following restrictions and shall havethe following rights:     (a)     Possession of LoanDocuments. For the benefit of the Lenders, Lead Lendersshall hold in its possession at its principal office executedoriginals of all the Loan Documents for each Loan assigned andshall deliver conformed copies of each thereof to the Lenders.     (b)     Expenses/Losses. In the eventthat any reasonable legal expenses or other expenses for thepreservation of the collateral for the Loan or for the enforcement ofthe Loan are incurred by Lead Lenders in connection with the Loan oron or after or in connection with the occurrence of an Event ofDefault or the enforcement of any of the Loan Documents (includingfees of counsel and other expenses), Lead Lenders shall bear andadvance all such costs. Upon receipt of reimbursement for suchexpenses from Borrowers or any other person, Lead Lenders shall beentitled to retain such reimbursement.     (c)     Collections. Lead Lendersshall use reasonable efforts to collect all payments of principal,interest and fees due from the Borrowers under the Loan Documents andshall remit to the Lenders on a monthly basis a payment calculated atthe agreed Interest Rate based on the outstanding balance of theParticipation Interest. The Lenders shall have the right to anaccounting for all monies received by Lead Lenders in connection witheach Loan that has a Participation Interest by Lenders.     (d)     Payment Returns. If anypayment received by Lead Lenders and distributed or credited to theLenders is later rescinded or is otherwise required to be returned byLead Lenders to the Borrowers for whatever reason (including, withoutlimitation, settlement of an alleged claim), the Lenders shall beentitled to retain any payment received. The covenant contained inthis paragraph shall survive the termination of this Agreement.

 
          (e)     Records. LeadLenders shall maintain such books and records relating to theLoan as it would were the Loan made solely by Lead Lenders,which books and records shall be made available to the Lendersat Lead Lender’s main branch in Las Vegas, Nevada at allreasonable times for purposes of inspection, examination andaudit upon no less than forty-eight (48) hours prior notice.          (f)     Information. Duringthe term of this Agreement, Lead Lenders shall provide to theLenders complete and current information as to the accrualstatus of the Loan and the status of principal and interestpayments, and all information supplied by Borrowers inconnection with the Loan. The Lenders will treat all suchinformation as confidential, except that disclosure thereof maybe made if required by law or the order of a court havingjurisdiction.          (g)     AdministrativeDecisions. Lead Lenders shall not, without writtenconsent of Lenders, (1) release, or agree to the substitution ofother security for any portion of the Real Property, LeaseholdRights and/or Collateral securing the Loans, (2) grant anyrelease in favor of the Borrowers under the Loan Documents, orwaive the Lenders’ rights to enforce the obligations of theBorrowers, (3) agree to the revision, modification or amendmentof any of the Loan Documents, or (4) consent to or accept thecancellation or termination of any of the Loan Documents, exceptupon payment in full of each Loan. Subject to the foregoinglimitations, and until the occurrence and declaration of anEvent of Default under the Loan Documents and Borrowers failureto cure within twenty (20) days, Lead Lenders shall have theright to make decisions in connection with the day-to-dayadministration and servicing of the Loan, relating toinspections, review of financial data, and other matters of anordinary nature involved in the administration and servicing ofthe Loan, without the Lenders’ prior review or approval.          (h)     ReasonableEfforts. If any Event of Default shall occur under anyof the Loans, Lead Lenders shall use reasonable efforts inaccordance with the Loan Documents to cause the Borrowers,Guarantors and/or Limited Guarantors to remedy the default.          (i)     Hazard Insurance andCondemnation Awards. If Lead Lenders becomes aware ofany damage to or actual or potential condemnation affecting anymaterial portion of the Real Property, Leasehold Rights and/orCollateral securing the Loans, Lead Lenders will promptly notifyLenders thereof. The proceeds of any insurance recovery orcondemnation award received by Lead Lenders and not immediatelydisbursed or applied to the repayment of the Loan or nototherwise distributed by Lead Lenders shall be deposited in aninterest-bearing account, in trust for all lenders, and theincome, if any, received by Lead Lenders from such account andnot payable to others shall be shared with the Lenders inaccordance with terms of this Agreement.**3.2****Payment Priorities Between Lead Lenders and    Lenders.**

 
(a)  Lead Lenders and Lenders agree that all payment and/orprepayment of principal due on the Loan, received by the LeadLenders, shall be for held for the account of the Lenders and LeadLenders as their respective interests may appear, and such paymentshall be applied in the following order of priority: (i) firstto the payment of that portion of principal of the Loan provided byOwens Financial and Owens Mortgage Investment Fund (ii) next topay any accrued or outstanding interest due Lenders at the agreedInterest Rate (iii) next to that portion of the principal of theLoan provided by Vestin Mortgage and Vestin Fund I and VestinFund II. In the event of default under the Loan Documents,Vestin and Vestin Fund I and Vestin Fund II agree topurchase the Participation Interest of Owens Financial and OwensMortgage Investment Fund for the outstanding balance of thatParticipation Interest plus any accrued interest. Vestin Mortgage,Vestin Fund I and Vestin Fund II shall not be entitled toreceive any payment of its Pro Rata Share of the principal of theLoan in question until Owens Financial and Owens Mortgage InvestmentFund has received payment in full of its Participation Interest ofthe principal of the Loan and all accrued interest, late charges,default interest, and any other charges payable to Lenders under thisAgreement.(b)  Each payment of interest on the Loan, received by the LeadLender, shall be for the account of the Lenders and Lead Lenders astheir respective interests may appear, and such payment shall beapplied first to the payment of agreed Interest Rate due on theParticipation Interest of the Loan assigned to Owens Financial orOwens Mortgage Investment Fund for such period that the Interest isdue.(c)  As an example, assume Lenders purchase an Assignment of a24.40385% Participation Interest in a $20,800,000 Loan. The Loancarries an interest rate of 14.0% and pays monthly Interest onlypayments at the rate of 10.0%, with the remaining 4.0% to be paid atthe maturity of the Loan. Lenders and Lead Lenders would receive thefollowing.Example 1:  Borrowers make a monthly payment of$242,666.67. Lenders are paid their full share of interest at 10% on$5,000,000.00 or $58,333.33. Vesting Mortgage, Vestin Fund I orVestin Fund II receives $184,333.34 or the balance of theinterest paid.Example 2:  Borrowers make a monthly payment of $60,000.Lenders are paid their full share of interest at 10% on $5,000,000.00or $58,333.33. Vestin Mortgage, Vestin Fund I or VestinFund II is receives $1,666.67, or the balance of the interestpaid.Example 3:  Borrowers do not make a monthly payment,default, declare bankruptcy or withhold payments for any reason then,Lead Lenders pays 10% on $5,000,000.00. At this point Lead Lender maybuy Lender out of the loan for $5,000,000.00, plus any accruedinterest, including the 4.0% interest due at the maturity of the Loan.
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                   Example 4: Borrowers payoff a portion of the Loan.Lenders are paid their full Pro Rata Share of the principal balanceof the Participation Interest and interest at 10% to the date ofpayoff, together with the Pro Rata Share of the 4.0% interest due atthe maturity of the Loan.                   Example 5: Borrowerspay off the Loan. Lenders are paid their full Pro Rata Share of theLoan equal to their Participation Interest plus unpaid interest at10%, and the 4.0% interest due at the maturity of the Loan.     3.3   DefaultsUnder Loan Documents; Enforcement of Remedies. If foreclosure orsimilar proceedings are commenced under the Loan Documents, LeadLenders shall buy out the Participation Interest of Owens Financialor Owens Mortgage Investment Fund at the sole an absolute discretionof Lenders.     3.4   Noticesunder Collateral Documents. Lead Lenders shall deliver to theLenders, promptly upon receipt thereof, duplicates or copies of allnotices, requests and other instruments received by it from any otherparty under or pursuant to any of the Loan Documents, if notpreviously furnished to the Lenders.**SECTION 4.  RESIGNATION OR REMOVAL OF LEAD LENDER**     LeadLenders will repurchase the Participation Interests of Lenders atLenders sole and absolute discretion at any time “forcause”. The term “for cause” shall be limited to LeadLenders’ (i) material breach of the terms of thisAgreement, or (ii) fraud committed against Borrowers or Lenders,or (iii) criminal acts committed against Borrowers or Lenders.Upon any such removal, the Lenders shall have the right to appoint asuccessor Lead Lender.**SECTION 5.TERMINATION OF AGREEMENT**     Uponfinal payment in full of the loan orall obligations owing to Lenders, such Lenders shall cease to be aparty to this Agreement; provided, however, if all or any part of anypayments to such Lenders are invalidated or set aside or required tobe repaid to any Person in any Bankruptcy Proceeding or otherwise,then this Agreement shall be renewed as of such date and shallthereafter continue in full force and effect to the extent of the Loan soinvalidated, set aside or repaid. If any portion of this agreement isdeclared to be invalid or unenforceable then the remaining portions ofthe Agreement remain in full force and effect.**SECTION 6.INDEMNIFICATION OF LENDER**
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     Vestin Mortgage, Vestin Fund I and Vestin Fund IIindemnifies Owens Financial and Owens Mortgage Investment Fundfor all liabilities, obligations, losses, damages, penalties,actions, judgments, suits, costs, expenses or disbursements ofany kind or nature whatsoever which may be imposed on, incurredby or asserted against them in any way relating to or arisingout of this Agreement or by their participation in any Loan orby any action brought by any Borrower including all claimsrelating to the origination of the Loans, except for the grossnegligence or willful misconduct of Lenders or the breach byLenders of the terms of this Agreement.**SECTION 7.     NOT A JOINTVENTURE**     Neither the execution of this Agreement nor the Lenders’several ownership of interests in Loans, nor any agreement toshare in profits or losses arising as a result of the Loans, isintended to be, nor shall it be construed to be: (a) theformation of a partnership or joint venture between the LeadLenders and Lenders, or (b) the creation of a loantransaction between the Lead Lenders, as lender, and Lender, asborrower. Vestin Mortgage, in its capacity as Lead Lender, shallnot be deemed to be a trustee for the Lenders in connection withthe Loans or their interests therein. Vestin Mortgage, in itscapacity as Lead Lender, shall owe to the Lenders no duty exceptas specifically set forth in this Agreement, and no lender shallbe liable to any other person for the liability of any otherlender arising in connection with the Loans or any transactionrelated to the Loans, except as may be expressly set forth inthis Agreement.**SECTION 8.     MISCELLANEOUS**     8.1     Amendment.     Neitherthis Agreement nor any provision hereof may be amended, waived,discharged or terminated orally, but only by an instrument inwriting signed by all parties hereto.     8.2     Headings.     Theheadings in this Agreement are for convenience of reference onlyand shall not define or limit the provisions hereof.     8.3     ApplicableLaw.     This Agreement shall beconstrued in accordance with and governed by the laws of theState of Nevada.     8.4     Parties in Interest:Decisions by MajorityLenders.     All of the terms,covenants and conditions contained in this Agreement shall inureto the benefit of and be binding upon the parties hereto andtheir permitted successors and assigns. There shall be nothird-party beneficiaries of this Agreement.     8.5     Further Sale, Pledge,etc.     Lead Lender may not sell,pledge, assign or otherwise transfer all or any part of itsinterest in any Loan without the prior written consent ofLenders, which consent shall not be
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     unreasonably withheld. In the event all or any part of Lead    Lenders interest in any Loan is sold, pledged, assigned or    otherwise transferred, Lead Lenders obligations under this    Agreement will not be relieved.     8.6 Notices. Notices under this Agreement shall bein writing and personally delivered or sent by certified orregistered U.S. mail, or a recognized air courier service,return receipt requested, or by telecopy, acknowledgment ofreceipt requested, to the parties at their addresses specifiedin the first paragraph of this Agreement. Such addresses may bechanged from time to time by the addressee by serving notice asprovided above.     8.7 Counterpart Execution. This Agreement may beexecuted in any number of counterparts with the same effect asif all parties had signed the same document. All counterpartsshall be construed together and shall constitute one agreement.     8.8 Attorney’s Clause. If legal action isinstituted to enforce the terms of this Agreement, theprevailing parties shall be entitled to recover from the losingparties, all costs of collection and enforcement, includingreasonable attorney’s fees. For purposes of this section,the award and recovery of attorney’s fees shall survive theentry of any judgment thereon and shall include, withoutlimitation, fees incurred in the following: (1) PostJudgment Motions; (2) Contempt Proceedings;(3) Garnishment, levy, debtor and third party examinations;(4) Discovery; (5) Bankruptcy proceedings or otherlitigation; and (6) appeals.     [END OF TEXT, CONTINUED ON NEXT PAGE]

 
     INWITNESS WHEREOF, the Lenders have caused this instrument tobe duly executed as of the day and year first above written.     VESTIN MORTGAGE, INC.,     a Nevada corporation By        Its By        Its     VESTIN FUND I, LLC     a Nevada corporation By        Its By        Its     VESTIN FUND II, LLC     a Nevada corporation By        Its By        Its     OWENS FINANCIAL GROUP, INC.,     a California corporation By     /s/ William C. Owens       William C. Owens, President      OWENS MORTGAGE INVESTMENT FUND,     a California Limited Partnership  By: Owens Financial Group, Inc., Its:     General Partner By /s/ William C. Owens     William C. Owens, President

 
     IN WITNESS WHEREOF, the Lenders have caused this instrument tobe duly executed as of the day and year first above written.     VESTIN MORTGAGE, INC.,     a Nevada corporation By /s/ Daniel B. Stubbs           Its Daniel B. Stubbs     Senior Vice President By        Its     VESTIN FUND I, LLC     a Nevada corporation By /s/ Vestin Mortgage, Inc., a    Nevada Corporation           Its Manager By /s/ Daniel B. Stubbs           Its Daniel B. Stubbs, Senior Vice President     VESTIN FUND II, LLC     a Nevada corporation By /s/ Vestin Mortgage, Inc., a    Nevada corporation           Its Manager By /s/ Daniel B. Stubbs           Its Daniel B. Stubbs, Senior Vice President     OWENS FINANCIAL GROUP, INC.,     a California corporation By        Its By        Its     OWENS MORTGAGE INVESTMENT FUND,     a California Limited Partnership By        Its By        Its
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