HFC Capital Trust I First Supplemental Indenture dated June 4, 2004



 Exhibit 4.11 
  
 HFC Capital Trust I 
  
 FIRST SUPPLEMENTAL INDENTURE 
  
 THIS FIRST SUPPLEMENTAL INDENTURE, dated as of June 4, 2004 (this “First Supplemental Indenture”), between Commercial Capital Bancorp,
Inc., a Nevada corporation (the “Corporation”), and Wilmington Trust Company, a Delaware banking corporation, as debenture trustee (hereinafter the “Debenture Trustee”). Capitalized terms used herein without definition
shall have the same meanings assigned to them in the Indenture (as hereinafter defined). 
  
 RECITALS OF THE CORPORATION 
  
 WHEREAS, Hawthorne Financial Corporation, a Delaware corporation (“Predecessor Corporation”), and the Debenture Trustee have entered into that certain Indenture dated as of March 28, 2001 (the “Indenture”),
pursuant to which the Predecessor Corporation issued 10.18% Junior Subordinated Deferrable Interest Debentures due June 8, 2031 (the “Securities”); 
  
 WHEREAS, Article X of the Indenture provides that, in case of any (i) consolidation or merger of the Predecessor Corporation, with or into another
person, (ii) successive consolidations or mergers in which the Predecessor Corporation or its successor or successors, as the case may be, shall be a party or parties, or (iii) any sale, conveyance, transfer or lease by the Predecessor Corporation
of its properties as an entirety or substantially as an entirety, the successor entity shall execute and deliver a supplemental indenture, whereby such successor entity shall assume the duties and obligations of the Predecessor Corporation with
respect to the Indenture; 
  
 WHEREAS, the Predecessor
Corporation will merge with and into CCBI Acquisition Corp. (“Acquisition Corp.”), with Acquisition Corp. as the surviving entity pursuant to an Agreement and Plan of Merger, dated January 27, 2004, among Predecessor Corporation, the
Corporation and Acquisition Corp.; simultaneously with or as soon as practicable thereafter, Acquisition Corp. will merge with and into the Corporation, with the Corporation as the surviving entity pursuant to an Agreement of Merger of CCBI
Acquisition Corp. with Commercial Capital Bancorp, Inc., dated January 27, 2004, between the Corporation and Acquisition Corp. (collectively the “Merger”); 
  
 WHEREAS, the Corporation’s and the Debenture Trustee’s execution of this First Supplemental Indenture is
authorized by Section 9.01(a) of the Indenture and, as a result, no consent of the Securityholders is necessary in connection therewith. 
  
 NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the
Corporation and the Debenture Trustee mutually covenant and agree as follows: 
  
 1. Assumption of Indenture by Corporation. In accordance with Article X of the Indenture, the Corporation hereby assumes the due and punctual payment of the principal and premium, if any, and interest on all of
the Securities according to their tenor and the due and punctual performance and observance of all of the covenants and conditions of the Indenture to be kept, performed or observed by the Predecessor Corporation. Accordingly, pursuant to Section
10.02 of the Indenture, the Corporation shall succeed to and be substituted for the Predecessor Corporation, with the same effect as if it had been named in the Indenture as a party thereto, and the Predecessor Corporation shall be relieved of any
further liability or obligation under the Indenture or upon the Securities. 
  
 2. No Default. In accordance with Section 10.01 of the Indenture, the Corporation hereby confirms that after giving effect to the Merger, no Default or Event of Default shall have occurred and be continuing.

  









 HFC Capital Trust I 
  
 3. Authority; Valid Merger; Existence; No Consent. The Corporation represents and warrants to the best of its
knowledge that (a) it has all necessary power and authority to execute and deliver this First Supplemental Indenture and to perform the Indenture, (b) it is the successor by merger or successive mergers of the Predecessor Corporation pursuant to a
valid merger effected in accordance with applicable law, (c) it is a corporation organized and existing under the laws of the State of Nevada, and (d) this First Supplemental Indenture is executed and delivered pursuant to Section 9.01 and Article X
of the Indenture and does not require the consent of the Securityholders. 
  
 4. First Supplemental Indenture. This First Supplemental Indenture is supplemental to, and is entered into in accordance with Section 9.01(a) of the Indenture, and except as modified, amended and
supplemented by this First Supplemental Indenture, the provisions of the Indenture are in all respects ratified and confirmed and shall remain in full force and effect. 
  
 5. Successors and Assigns. All covenants and agreements of the Corporation and the Debenture Trustee in this First
Supplemental Indenture shall bind their respective successors. 
  
 6. Counterparts. The parties may sign any number of copies of this First Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 
  
 7. Governing Law. This First Supplemental Indenture shall be governed
by and construed in accordance with the internal laws of the State of New York. 
  
 8. Effect of Headings. The section headings herein are for convenience only and shall not affect the construction hereof. 
  

9. Effective Date. This First Supplemental Indenture shall be effective as of the date hereof. 
  
 10. Incorporation into Indenture. All provisions of this First
Supplemental Indenture shall be deemed to be incorporated in, and made part of, the Indenture; and the Indenture, as amended and supplemented by this First Supplemental Indenture, shall be read, taken and construed as one and the same instrument.

  
 11. The Debenture Trustee. The Debenture Trustee shall
not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this First Supplemental Indenture or the due execution thereof by the Corporation. The recitals of fact contained herein shall be taken as the statements
solely of the Corporation, and the Debenture Trustee assumes no responsibility for the correctness thereof. 
  
 [Remainder of Page Intentionally Left Blank; Signature Page(s) Follow] 
  

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 HFC Capital Trust I 
  
 IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be duly executed and the seal
of the Corporation to be hereunto affixed and attested, all as of the day and year first above written. 
  

			
	COMMERCIAL CAPITAL BANCORP, INC.
		
	By:	 	/s/    STEPHEN H. GORDON        
	 Name:
	 	Stephen H. Gordon
	 Title:
	 	Chairman and Chief Executive Officer
	
	WILMINGTON TRUST COMPANY, not in its individual capacity, but solely as Trustee under the Indenture
		
	By:	 	/s/    CHRISTOPHER J.
SLAYBAUGH        
	 Name:
	 	Christopher J. Slaybaugh
	 Title:
	 	Financial Services Officer


  

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