LEASE TERMINATION AGREEMENT

THIS LEASE TERMINATION AGREEMENT ("Agreement"), is made as
of 9-15-99, between STEVENS CREEK ASSOCIATES,  a California
general partnership, d/b/a TrizecHahn Plaza of the Americas
Management ("Landlord"), whose address is 700 North Pearl
Street, Dallas, Texas 75201 and AMRESCO, Inc. a Delaware
corporation ("Tenant"), whose address is 700 North Pearl
Street, Suite 2400, Dallas, Texas 75201

                          RECITALS

     This Agreement is based upon the following recitals:

A.   K-P Plaza Limited Partnership, a Texas limited
     partnership ("K-P Plaza"), and Tenant entered into an Office
     Lease Agreement dated February 9, 1996, ("Lease"), for
     premises consisting of approximately 125,279 rentable square
     feet on the 17th, 22th, 23rd, 24th, and 25th floors and a
     part of the 16th floor of the building located at 700 North
     Pearl Street (the "North Tower") within the development
     commonly known as the Plaza of the Americas ("Building"),
     Dallas, Texas and commonly, collectively referred to as
     Suite 2400 ("Premises").

B.   K-P Plaza and Tenant amended the Lease by First
     Amendment to the Office Lease dated July 17, 1996, Second
     Amendment to Lease Agreement dated May 27, 1997, and a Third
     Amendment to Lease Agreement dated September 22, 1997.

C.   KAB Plaza Partners, L.P., a Texas limited partnership
     ("KAB Plaza") successor-in-interest to K-P Plaza and Tenant
     further amended the Lease by a Lease Expansion and Fourth
     Amendment to Lease Agreement dated January 6, 1998, a Lease
     Expansion and Fifth Amendment to Lease Agreement to Lease
     Agreement dated March 25, 1998, and a Lease Expansion and
     Sixth Amendment to Lease Agreement dated July 6, 1998.

D.   Landlord and Tenant further amended the Lease by
     Seventh Amendment of Office Lease dated June 7, 1999 ("Lease
     and Amendments collectively, "Lease as Amended").

E.   Landlord is the successor in interest to KAB Plaza
     under the Lease as amended.

F.   Landlord and Tenant desire to terminate the Lease
     insofar as it affects that portion of the Premises described
     in the aforesaid Seventh Amendment.

     THEREFORE, for sufficient consideration received and
     acknowledged by each party, Landlord and Tenant agree
     to terminate the Lease on the following conditions:

          1.   The recitals are fully incorporated by reference.

          2.   TERMINATION DATE. The Lease shall terminate as of
               midnight on August 31, 1999 ("Termination Date").

          3.   CONTINUING LEASE OBLIGATIONS. Landlord's consent to
               terminate the Lease shall not relieve Tenant of any monetary
               or non-monetary obligations arising under the Lease prior to
               the Termination Date. Except as may be modified below, from
               the date of this Agreement through the Termination Date
               Tenant shall continue to make all payments due to Landlord
               under the Lease, and shall be Liable for accrued monetary
               obligations which may be unbilled as of the Termination
               Date.

          4.   RENTS AND OTHER CHARGES DUE LANDLORD. Landlord and
               Tenant agree that $4,607.50 represents "Total Monies Due"
               Landlord by Tenant under the Lease through the Termination
               Date. Tenant shall pay Total Monies Due to Landlord
               simultaneously with Tenant's execution of this Agreement.
               Landlord and Tenant acknowledge that the estimated payments
               for Tax and Operating Expenses made by Tenant to Landlord
               through the Termination Date shall be deemed fully paid, in
               final amounts, and no further accounting or adjustments
               shall be made.

          5.   VACATING PREMISES. Tenant agrees to fully and finally
               vacate and surrender the Premises to Landlord on the
               Termination Date broom clean and in good repair and
               tenantable condition, ordinary wear and tear excepted, and
               otherwise in accordance with Section 21 of the Lease as
               amended. After the Termination Date, Tenant grants Landlord
               the unconditional right to enter and repossess the Premises,
               without notice to Tenant, to remove any and all personal
               property from the Premises and store same; to disconnect
               utilities and telecommunications devices, to change locks,
               prohibit access and otherwise prohibit Tenant from the
               Premises.

          6.   PERSONAL PROPERTY. After the Termination Date, Landlord
               may remove any personal property remaining in the Premises,
               and Landlord shall not be responsible in any way for such
               personal property, or for any damage including any loss or
               damage arising out of Landlord's intentional acts or
               negligence. If any personal property is stored in the
               Building or elsewhere after the Termination Date, Tenant
               shall be liable for and shall indemnify Landlord for all
               claims for damages that may result directly or indirectly
               from any re-entry, taking possession, removal or storage.
               Tenant shall pay to Landlord or at Landlord's option, (to
               anyone with whom said personal property may be stored)
               reasonable storage charges fixed by Landlord; and Landlord
               shall have a lien on said property and the right to enforce
               the lien by the sale of such property as deemed commercially
               reasonable under the circumstances.

          7.   HOLDOVER STATUS.     Regardless of any contrary
               provision in the Lease, if Tenant has not vacated the
               Premises on or before the Termination Date, Tenant shall
               become a Tenant at sufferance, on a daily basis, and shall
               be liable to Landlord for double the base rental rate due
               under the Lease plus all other rents and charges due,
               calculated on a daily basis.

          8.   TRANSFER OF INTEREST. Each party represents that it has
               not assigned, subleased, transferred, conveyed, or otherwise
               disposed of (A) the Lease or any interest in the Lease, or
               (B) any claim, demand, obligation, liability, action, or
               cause of action arising from the Lease.

          9.   RELEASE. (A) Landlord and Tenant shall be
               unconditionally and mutually released from any and all
               further obligations under the Lease as of the Termination
               Date, provided, however, that as to Tenant said release
               shall become effective only after all accounts have been
               fully and finally settled as of the Termination Date, and
               all other obligations under the Lease and this Agreement
               have been satisfied as of the Termination Date. If tenant
               has failed to fully and finally settle all accounts as
               required, this Agreement shall be null and void.

                     (B) Provided Tenant has fully and finally settled
               all accounts due Landlord as of the Termination Date,
               has finally satisfied all obligations accruing under the
               Lease as amended as of the Termination Date (including
               any claims that would be covered by Tenant's insurance) and
               further provided that Tenant has fully vacated the Premises
               as of the Termination Date, this Agreement shall fully
               and finally settle all demands, charges, claims, accounts,
               and causes of action of any nature, including, without
               limitation, both known and unknown claims and causes of
               action arising out of or in connection with the Lease.

          10.  CONFLICTING PROVISIONS. To the extent of this Agreement
               conflicts with the Lease, then the provisions of the
               Agreement shall govern.

          11.  PERSONS BOUND. This agreement shall bind and benefit
               Landlord and Tenant, and their representatives, successors,
               and assigns and heris.

     AFFIRMING THE ABOVE, the parties have executed this
     LEASE TERMINATION AGREEMENT as of the date first
     stated.


                         LANDLORD:
                         STEVENS CREED ASSOCIATES
                         BY:  TrizecHahn Centers Inc.
                              General Partner

                         By:  //Donald R. Brown
                              Donald R. Brown
                              Senior Vice President

                         By:  //Robert R. Stubbs
                              Robert R. Stubbs
                              Assistant Secretary

                         TENANT:
                         AMRESCO, INC., a Delaware corporation

                         By:  //Derek Nash
                              Derek Nash
                         Its: VP Facilities