FOURTEENTH
      AMENDMENT TO LOAN AND SECURITY AGREEMENT

    


    THIS FOURTEENTH
      AMENDMENT TO LOAN AND SECURITY AGREEMENT (this
      "Amendment") is made and entered into as of February 29, 2008, by and among
      SMF
      Energy Corporation,
      a
      Delaware corporation and successor-by-merger to Streicher Mobile Fueling, Inc.,
      a Florida corporation ("SMF"); SMF
      Services, Inc.,
      a
      Delaware corporation ("SSI"); H
      & W Petroleum Company, Inc.,
      a Texas
      corporation ("H & W" and, together with SMF and SSI, collectively,
      "Borrower"); and Wachovia
      Bank, National Association,
      a
      national banking association and successor-by-merger to Congress Financial
      Corporation (Florida) ("Lender").

    


    R
      E
      C
      I
      T
      A
      L
      S

    


    A. Borrower
      and Lender are parties to that certain Loan and Security Agreement dated
      September 26, 2002 (as at any time amended, restated, supplemented or otherwise
      modified, the "Loan Agreement"). The Obligations under (and as defined in)
      the
      Loan Agreement are guaranteed by Streicher
      Realty, Inc.,
      a
      Florida corporation ("Guarantor").

    


    B. The
      parties hereto desire to amend the Loan Agreement upon the terms and subject
      to
      the conditions hereinafter set forth.

    


    NOW,
      THEREFORE, for and in consideration of Ten Dollars ($10.00) in hand paid and
      other good and valuable consideration, the receipt and sufficiency of which
      are
      hereby acknowledged, the parties hereto, intending to be legally bound, hereby
      agree as follows:

    


    1. Each
      capitalized term used in this Amendment, unless otherwise defined herein, shall
      have the meaning ascribed to such term in the Loan Agreement. 

    


    2. Subject
      to the satisfaction of each of the conditions precedent set forth in this
      Amendment, the Loan Agreement is hereby amended, as of February 29, 2008, as
      follows:

     

    (a) By
      adding
      to Section
      1
      of the
      Loan Agreement, immediately following existing Section
      1.79,
      the
      following new definitions:

    


    1.80 "Certificate
      of Designation" shall mean that certain Certificate of Designation of Series
      A
      Convertible Preferred Stock of SMF Energy Corporation, dated as of February
      29,
      2008.

    


    1.81 "February
      2008 Consent Letter" shall mean that certain letter agreement, dated as of
      August 29, 2008, from Lender to Borrower regarding Lender's consent to the
      issuance of Series A Preferred Stock by SMF. 

    


    1.82 "Reprieve
      Period" shall mean each period of time commencing on or after February 29,
      2008,
      that satisfies each of the following conditions: (a) such period commences
      on
      the date that Borrower and Lender enter into an amendment of an existing standby
      letter of credit to increase the principal balance thereunder by $250,000 and
      ends on the date ten (10) days thereafter, (b) such period commences no earlier
      than ten (10) days after the end of any prior Reprieve Period, and (c) no more
      than one (1) Reprieve Period shall have occurred prior to such
      period.

    


    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    1.83 "Series
      A
      Preferred Stock" shall mean Capital Stock of SMF consisting of "Series A
      Preferred Stock" issued pursuant to, and as such term is defined in, the
      Certificate of Designation. 

    


    (b) By
      deleting the semicolon at the end of Section
      9.7(b)(iii)(E)
      of the
      Loan Agreement and by substituting in lieu thereof the following:

    


    
      	 	 	
              ",
                and (F) SMF shall not issue any Series A Preferred Stock except as
                and to
                the extent set forth in the February 2008 Consent
                Letter;"

            


    

    


    (c) By
      deleting the period at the end of Section
      9.11(b)
      of the
      Loan Agreement and by substituting in lieu thereof the following:

    


    
      	 	 	
              ",
                and (c) SMF
                may declare and pay dividends on Series A Preferred Stock as and
                to the
                extent set forth in the Certificate of Designation, so long as no
                Event of
                Default exists either before or immediately after the declaration
                or
                payment of any such dividend, no Event of Default would result therefrom,
                and Borrowers deliver to Lender written notice of any such dividend
                not
                less than ten (10) Business Days prior to payment thereof, and (d)
                SMF
                shall be permitted to redeem all or any portion of the Series A Preferred
                Stock with proceeds of any issuance or sale by SMF of Capital Stock
                consisting of common shares of SMF, so long as no Event of Default
                exists
                either before or immediately after such issuance, sale or redemption,
                no
                Event of Default would result therefrom, and Borrowers deliver to
                Lender
                written notice of any such redemption not less than ten (10) Business
                Days
                prior to the consummation thereof."

            


    

    


    (d) By
      deleting Section
      9.21
      of the
      Loan Agreement in its entirety and by substituting in lieu thereof the
      following:

    


    9.21 Fixed
      Charge Coverage Ratio.
      Borrower shall not, as of any month end in which the Average Excess Availability
      is less than the amount set forth below and corresponding to such month, or
      as
      of the end of any month during which an Event of Default occurs or exists,
      on a
      cumulative basis for the applicable fiscal year, permit the ratio of (a) EBITDA
      to (b) Fixed Charges to be less than 1.0 to 1.0.

     

    
      	
              Month

            	
              Average
                Excess Availability

            
	
              February
                2007

            	
              $1,500,000

            
	
              March
                2007

            	
              $1,500,000

            
	
              April
                2007

            	
              $1,500,000

            
	
              May
                2007

            	
              $1,500,000

            
	
              June
                2007

            	
              $2,500,000

            
	
              July
                2007

            	
              $2,500,000

            
	
              August
                2007

            	
              $2,500,000

            
	
              September
                2007

            	
              $2,500,000

            
	
              October
                2007 

            	
              $1,800,000

            
	
              November
                2007

            	
              $800,000

            
	
              December
                2007

            	
              $800,000

            
	
              January
                2008

            	
              $800,000

            
	
              February
                2008 and

              each
                month thereafter

            	
              $1,200,000

            


    

    


    
      
         

      

      
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    (e) By
      deleting Section
      9.22
      of the
      Loan Agreement in its entirety and by substituting in lieu thereof the
      following:

    


    9.22 Excess
      Availability. Borrower
      shall maintain Excess Availability as determined by Lender in an amount not
      less
      than: (a) at all times on or before November 22, 2007, $750,000, (b) at all
      times during the period beginning on November 23, 2007, and ending on December
      30, 2007, $500,000, (c) at all times on and after December 31, 2007 (other
      than
      during any Reprieve Period), $750,000, and (d) during any Reprieve Period,
      $500,000.

    


    (f) By
      extending the "Renewal Date" set forth in Section
      12.1(a)
      of the
      Loan Agreement from June 30, 2008, to December 31, 2008.

    


    3. Borrower
      hereby ratifies and reaffirms the Obligations, each of the Financing Agreements
      and all of Borrower's covenants, duties, indebtedness and liabilities under
      the
      Financing Agreements.

    


    4. Borrower
      hereby acknowledges and stipulates, to induce Lender to enter into this
      Amendment, that the Loan Agreement and the other Financing Agreements executed
      by Borrower are legal, valid and binding obligations of Borrower that are
      enforceable against Borrower in accordance with the terms thereof; all of the
      Obligations are owing and payable without defense, offset or counterclaim (and
      to the extent there exists any such defense, offset or counterclaim on the
      date
      hereof, the same is hereby waived by Borrower); and the security interests
      and
      liens granted by Borrower in favor of Lender are duly perfected, first priority
      security interests and liens.

    


    5. Borrower
      represents and warrants to Lender, to induce Lender to enter into this
      Amendment, that no Default or Event of Default exists on the date hereof; the
      execution, delivery and performance of this Amendment have been duly authorized
      by all requisite corporate action on the part of Borrower and this Amendment
      has
      been duly executed and delivered by Borrower; and except as may have been
      disclosed in writing by Borrower to Lender prior to the date hereof, all
      of
      the representations and warranties made by Borrower in the Loan Agreement are
      true and correct on and as of the date hereof.

    


    6. In
      consideration of Lender's willingness to enter into this Amendment, Borrower
      hereby agrees to pay to Lender a nonrefundable amendment fee (the "Amendment
      Fee") in the amount of sixty two thousand five hundred dollars ($62,500), which
      Amendment Fee shall be fully earned on the date hereof and shall be payable
      in
      three installments as follows: (a) twenty two thousand five hundred dollars
      ($22,500) in immediately available funds on March 1, 2008, (b) twenty thousand
      dollars ($20,000) in immediately available funds on April 1, 2008, and (c)
      twenty thousand dollars ($20,000) in immediately available funds on May 1,
      2008.
      Additionally, to induce Lender to enter into this Amendment and grant the
      accommodations set forth herein, Borrower hereby agrees to pay, on
      demand,
      all
      costs and expenses incurred by Lender in connection with the preparation,
      negotiation and execution of this Amendment and any other Financing Documents
      executed pursuant hereto and any and all amendments, modifications, and
      supplements thereto, including, without limitation, the costs and fees of
      Lender's legal counsel and any taxes or expenses associated with or incurred
      in
      connection with any instrument or agreement referred to herein or contemplated
      hereby.

    


    
      
         

      

      
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    7. The
      effectiveness of the amendments to the Loan Agreement set forth in this
      Amendment is subject to the satisfaction of each of the following conditions
      precedent, in each case in form and substance satisfactory to
      Lender:

    


    (a) Lender
      shall have received duly executed and delivered counterparts of this Amendment
      from Borrower and Guarantor;

    


    (b) Lender
      shall have received full payment of the first installment of the Amendment
      Fee
      on the date such installment is payable;

    


    (c) SMF
      shall
      have received gross cash proceeds from the issuance of Series A Preferred Stock
      (as defined in that certain letter agreement, of even date herewith, regarding
      Lender's consent to the issuance of such stock (the "Consent Letter")) in an
      amount not less than $500,000, and the holders of not less than $2,000,000
      in
      principal amount of November 2007 Subordinated Debt (as defined in the Consent
      Letter) shall have exchanged such Subordinated Debt for Series A Preferred
      Stock
      of SMF, all as contemplated by the Consent Letter; and

    


    (d) no
      Default or Event of Default shall exist or occur on the date
      hereof.

    


    8. Upon
      the
      effectiveness of the amendments set forth in this Amendment, each reference
      in
      the Loan Agreement to "this Agreement," "hereunder," or words of like import
      shall mean and be a reference to the Loan Agreement, as amended by this
      Amendment.

    


    9. This
      Amendment shall be binding upon and inure to the benefit of the parties hereto
      and their respective successors and assigns.

    


    10. This
      Amendment shall be governed by and construed in accordance with the internal
      laws of the State of Florida, without giving effect to its conflict of laws
      principles.

    


    11. Except
      as
      otherwise expressly provided in this Amendment, nothing herein shall be deemed
      to amend or modify any provision of the Loan Agreement or any of the other
      Financing Agreements, each of which shall remain in full force and effect.
      This
      Amendment is not intended to be, nor shall it be construed to create, a novation
      or accord and satisfaction, and the Loan Agreement as herein modified shall
      continue in full force and effect.

    


    12. This
      Amendment may be executed in any number of counterparts and by different parties
      to this Amendment on separate counterparts, each of which, when so executed,
      shall be deemed an original, but all such counterparts shall constitute one
      and
      the same agreement. Any manually-executed signature page delivered by a party
      by
      facsimile or other electronic transmission shall be deemed to be an original
      signature page hereto.

    


    13. Borrower
      hereby releases and forever discharges Lender and each and every one of its
      directors, officers, employees, representatives, legal counsel, agents, parents,
      subsidiaries and affiliates, and persons employed or engaged by them, whether
      past or present (hereinafter collectively referred to as the "Lender
      Releasees"), of and from all actions, agreements, damages, judgments, claims,
      counterclaims, and demands whatsoever, whether liquidated or unliquidated,
      contingent or fixed, determined or undetermined, at law or in equity, which
      Borrower had, now has, or may at any time have against the Lender Releasees,
      or
      any of them, for, upon or by reason of any matter, cause or thing whatsoever
      to
      the date of this Amendment, whether arising out of, related to or pertaining
      to
      the Obligations, the Financing Agreements or otherwise, including, without
      limitation, the negotiation, closing, administration and funding of the
      Obligations or the Financing Agreements. Borrower acknowledges that this
      provision is a material inducement for Lender entering into this Amendment
      and
      that this provision shall survive the payment in full of all Obligations and
      the
      termination of all Financing Agreements.

    


    
      
         

      

      
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    [Remainder
      of page intentionally left blank; signatures commence on following
      page.]

    
 

    
      
         

      

      
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    To
      the fullest extent permitted by applicable law, each party hereto hereby waives
      the right to trial by jury in any action, suit, counterclaim or proceeding
      arising out of or related to this Amendment.

    


    IN
      WITNESS WHEREOF, the parties hereto have executed this Amendment as of the
      day
      and year first above written.

    


    


    
      	 	
              "LENDER":

              
 

              WACHOVIA
                BANK, NATIONAL ASSOCIATION

               

              By:
                /s/
                Pat
                Cloninger                                                       
                

              Name:
                Pat Cloninger

              Title:
                Director

            
	 	 
	 	 
	 	
              "BORROWER":

              
 

              SMF
                ENERGY CORPORATION

               

              By:
                /s/
                Michael S.
                Shore                                                   
                

              Name:
                Michael S. Shore

              Title:
                Senior Vice President & Chief Financial Officer

               

               

              SMF
                SERVICES, INC.

               

              By:
                /s/
                Michael S.
                Shore                                                    
                

              Name:
                Michael S. Shore

              Title:
                Senior Vice President & Chief Financial Officer

               

               

              H
                & W PETROLEUM COMPANY, INC.

               

              By:
                /s/
                Michael S.
                Shore                                                    
                

              Name:
                Michael S. Shore

              Title:
                Senior Vice President & Chief Financial
                Officer

            


    

     

     

     

    
      Fourteenth
        Amendment to Loan and Security Agreement

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    JOINDER

    


    The
      undersigned: (1) acknowledges and confirms that Lender’s loans, advances and
      credit to Borrower have been, are and will continue to be of direct economic
      benefit to the undersigned, (2) acknowledges that it has previously waived
      any
      right to consent to the foregoing Amendment or any future amendment to the
      Loan
      Agreement but, nevertheless, consents to all terms and provisions of the
      foregoing Amendment that are applicable to it, and agrees to be bound by and
      comply with such terms and provisions, and (3) acknowledges and confirms that
      its guaranty in favor of Lender executed in connection with the Loan Agreement
      is valid and binding and remains in full force and effect in accordance with
      its
      terms (without defense, setoff or counterclaim against enforcement thereof),
      which include, without limitation, its guaranty in connection with the Loan
      Agreement, as modified by the foregoing Amendment.

     

    
      	 	
              
                "GUARANTOR":

                



                STREICHER
                  REALTY, INC.,

                a
                  Florida corporation

                


                By:
                  /s/
                  Michael S.
                  Shore                                                   
                  

                Name:
                  Michael S. Shore

                Title:
                  Senior Vice President & Chief Financial
                  Officer

              

            


    

     

     

     

    
      Fourteenth
        Amendment to Loan and Security Agreement