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Exhibit 10.26 FIRST AMENDED AND RESTATEDMANAGEMENT AGREEMENT This Management Agreement (the Agreement) is made and entered into as of the 1st day of
October 2004, by and between Vestin Group, Inc., a Delaware corporation (Vestin) and inVestin
Nevada, Inc., a Nevada corporation (inVestin). WITNESSETH: WHEREAS, inVestin is a Nevada corporation which has registered a $100,000,000 Nevada
intrastate subordinated debenture offering pursuant to Rule 147; and WHEREAS, Vestin has special expertise and experience in the management of the type of business
conducted by inVestin; and WHEREAS, inVestin desires to obtain certain administration, management and other support
services from Vestin and Vestin desires to supply such administration, management and other support
services to inVestin on the terms and conditions set forth herein. NOW, THEREFORE, in consideration of the mutual covenants, representations and warranties
hereinafter set forth, and other good and valuable consideration, inVestin and Vestin intending to
be legally bound, hereby agree as follows: 1. Responsibilities of Vestin Management and Administrative Services. Vestin shall
serve as inVestins manager and administrator for administrative functions relating to the
operation of inVestin. Vestin shall furnish to inVestin those management and administrative
services as may be needed by inVestin in connection with the operation of inVestins business. 2. Representations, Warranties and Covenants of the Parties. Each party represents,
warrants and covenants that as of the date of this Agreement it:  a.
    Is not bound by any agreement or arrangement, which would
preclude it from entering into this Agreement.b.
    Has the requisite power and authority to enter into and perform
this Agreement and the execution, delivery, and performance of this Agreement
has been duly authorized by all necessary action.c.
    Will comply with all obligations under this Agreement and will
take all action necessary to assure that its representations, warranties, and/or
covenants in this Agreement are true and correct at all times. Each party
will promptly notify the other in the event of any breach of such
representations, warranties, and/or covenants.




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3. Compensation to Vestin for Performance of Its Obligations. Vestin will perform all
management services for inVestin for a monthly fee equal to the first four percent (4%) of revenues
earned by us above the average aggregate interest rate paid to the Note Holders, which 4% shall
include all fees, points, and other income received by Vestin in the origination of loans by
Vestin. 4. Authority of Vestin; Access to Records.  a.
    Vestin is hereby exclusively authorized by inVestin to perform
all services required of Vestin pursuant to the terms of this Agreement.
Vestin may subcontract with other persons or entities to perform any part or
all of the services required of Vestin hereunder whether or not such entities
are affiliated with Vestin.b.
    Each of the parties agrees to cooperate fully with each other
in connection with the performance of their respective obligations under this
Agreement. Vestin shall be provided full and complete access to all client
files and records, in order that Vestin may perform its functions hereunder. 5. Term and Termination.  a.
    Unless sooner terminated in accordance with the provisions of
this Agreement, this Agreement shall remain in effect for one (1) year after
the Effective Date (the Initial Term), and shall be automatically renewed for
successive one (1) year periods (Renewal Term(s)). Notwithstanding the
foregoing, this Agreement may be terminated be either party on thirty (30) days
written notice to the other party.b.
    The various rights and remedies herein provided shall be
cumulative and in addition to any other rights and remedies the parties may be
entitled to pursue under the law. The exercise of one or more of such rights
or remedies shall not impair the rights of either party to exercise any other
right or remedy at law or in equity.c.
    Termination of this Agreement shall not release or discharge
either party from any obligation, debt or liability which shall have previously
accrued and remain to be performed upon the date of termination. 6. Indemnification. Each party shall indemnify, hold harmless, and defend the other
party from any and all liability, loss, claims, lawsuits, damages, injury, costs or expenses
arising out of, incident to, or related in any way to the performance or non-performance of its
obligations under this Agreement by such indemnifying party, its employees, contractors,
subcontractors and agents, including (without limitation) attorneys fees; provided, however,
neither party shall be liable to the other party hereunder for any claim covered by insurance,
except to the extent the liability of such party exceeds the amount of such insurance coverage.




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7. Excuse of Performance. Notwithstanding any other provisions contained herein,
Vestin shall not be liable to inVestin, and shall not be deemed to be in default hereunder, for the
failure to perform or provide any of the supplies, services, personnel, or other obligation to be
performed or provided by Vestin pursuant to this Agreement if such failure is a result of a labor
dispute, act of God, or any other event which is beyond the reasonable control of Vestin. 8. Governing Law. This Agreement shall be governed by and construed under the laws of
the State of Nevada. In the event either party is required to retain the services of an attorney,
the prevailing party in any action shall be entitled to receive from the losing party its
attorneys fees and costs. 9. Waiver. The waiver of any covenant, condition or duty hereunder by either party
shall not prevent that party from later insisting upon full performance of the same. 10. Amendment. No amendment to the terms of this Agreement shall be binding on either
party unless in writing and executed by the duly authorized representatives of each party. 11. Entire Agreement. This Agreement constitutes the entire agreement between the
parties in connection with the subject matter hereof, and supersedes all prior agreements, whether
written or oral, and whether explicit or implicit, which have been entered into before the
execution hereof. Should any litigation or arbitration arise between the parties, neither party
shall (and each party hereby waives the right to) introduce any parol evidence which would tend to
contradict or impeach any of the express written terms, conditions, and covenants of this
Agreement. 12. Assignment. Neither this Agreement nor the rights or obligations of inVestin
shall be assignable without the written consent of Vestin. 13. Miscellaneous Provisions.  a.
    Partial Invalidity. If any one or more of the terms,
provisions, promises, covenants or conditions of the Agreement or the
application thereof to any person or circumstances shall be adjudged to any
extent invalid, unenforceable, void or voidable for any reasons whatsoever by a
court of competent jurisdiction, each and all of the remaining terms,
provisions, promises, covenants and conditions of this Agreement or their
application to other persons or circumstances shall not be affected thereby and
shall be valid and enforceable to the fullest extent permitted by law.b.
    Headings, Titles. The headings appearing herein are
for convenience and reference only and shall not be deemed to govern, limit,
modify or in any manner affect the scope, meaning or intent of the provision of
this Agreement.c.
    Binding Effect. Subject to the provisions contained
herein, this Agreement shall be binding upon and inure to the benefit of the
parties hereto and upon their respective successors.




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d.
    Covenants and Conditions. Each covenant hereof is a
condition, and each condition hereof is as well a covenant by the parties bound
thereby unless waived in writing by the parties hereto.e.
    Approval and Consent. Whenever in this Agreement an
approval or consent is required by one of the parties, the same shall not be
unreasonably withheld.f.
    Notices. Any notice or other communication required or
which may be given hereunder shall be in writing and shall be delivered
personally, telegraphed, telexed or sent by facsimile, or sent by certified,
registered or express mail, postage prepaid, and shall be deemed given when so
delivered personally, telegraphed or telexed or sent by facsimile, or if
mailed. Any party may change its address from time to time by giving the other
party written notice pursuant to this Section. IN WITNESS WHEREOF, the parties hereto have executed this Agreement to be effective as of the
Effective Date. Vestin Group, Inc.,
    
    inVestin Nevada, Inc.,a Delaware corporation
    
    a Nevada corporationBy:
    -s- Michael Whiteaker
    
    By:
    -s- Michael V. ShustekMichael Whiteaker, Vice President
    
    
    Michael V. Shustek, President8379 West Sunset Road
    
    
    8379 West Sunset RoadLas Vegas, Nevada 89113
    
    
    Las Vegas, Nevada 89113