EXHIBIT 4.2



 Exhibit 4.2 
  

					
	NUMBER	 		 	SHARES

 TWO                     
 TWO HARBORS INVESTMENT CORP. 
 INCORPORATED UNDER THE LAWS OF THE STATE OF MARYLAND 
 COMMON STOCK 
 SEE REVERSE FOR
CERTAIN DEFINITIONS 
 AND IMPORTANT NOTICE ON TRANSFER 
 RESTRICTIONS AND OTHER INFORMATION 
  

			
	 This Certifies that
	  	CUSIP 90187B101
		
	 is the owner of
	  	

 FULLY PAID AND NON-ASSESSABLE SHARES OF THE PAR VALUE OF $.01 EACH OF THE COMMON STOCK OF 

 TWO HARBORS INVESTMENT CORP. 
 transferable on the books of the Corporation in person or by duly authorized attorney upon surrender of this certificate properly endorsed. 
 This Certificate and the Shares represented hereby are issued and shall be subject to all of the provisions of the charter and bylaws of the Corporation, 
 each as may be amended from time to time (copies of which are on file with the transfer agent), 
 to all of which the Holder by acceptance hereof assents. 
 This certificate is not valid unless
countersigned by the Transfer Agent and registered by the Registrar. 
 Witness the facsimile seal of the Corporation and the facsimile
signatures of its duly authorized officers. 
 Dated: 
  

					
		 		 	
		 		 	
	 	 	

	 	 
	PRESIDENT	 		 	SECRETARY








 The following abbreviations, when used in the inscription on the face of this certificate, shall be
construed as though they were written out in full according to applicable laws or regulations: 
  

							
	 TEN COM –
	  	as tenants in common	 	UNIF GIFT MIN ACT -	 	             Custodian             
	 TEN ENT –
	  	as tenants by the entireties	 		 	    (Cust)
                           (Minor)  
	JT TEN –	  	as joint tenants with right of survivorship	 		 	under Uniform Gifts to Minors
		  	and not as tenants in common	 		 	Act
                            
		  		 		 	                         (State)


 Additional Abbreviations may also be used though not in the above list. 
 Two Harbors Investment Corp. 
 The
shares represented by this certificate are subject to restrictions on Beneficial Ownership and Constructive Ownership and Transfer for the purpose of the Corporation’s maintenance of its qualification as a Real Estate Investment Trust under the
Internal Revenue Code of 1986, as amended (the “Code”). Subject to certain further restrictions and except as expressly provided in the Corporation’s Charter, (i) no Person may Beneficially Own or Constructively Own shares of the
Corporation’s Common Stock in excess of 9.8 percent (in value or number of shares) of the outstanding shares of Common Stock of the Corporation unless such Person is an Excepted Holder (in which case the Excepted Holder Limit shall be
applicable); (ii) no Person may Beneficially Own or Constructively Own shares of Capital Stock of the Corporation in excess of 9.8 percent (in value or number of shares) of the total outstanding shares of Capital Stock of the Corporation,
unless such Person is an Excepted Holder (in which case the Excepted Holder Limit shall be applicable); (iii) no Person may Beneficially Own or Constructively Own Capital Stock that would result in the Corporation being “closely held”
under Section 856(h) of the Code or otherwise cause the Corporation to fail to qualify as a REIT; and (iv) no Person may Transfer shares of Capital Stock if such Transfer would result in the Capital Stock of the Corporation being owned by
fewer than 100 Persons. Any Person who Beneficially Owns or Constructively Owns or attempts to Beneficially Own or Constructively Own shares of Capital Stock which causes or will cause a Person to Beneficially Own or Constructively Own shares of
Capital Stock in excess or in violation of the above limitations must immediately notify the Corporation. If the restrictions on transfer or ownership provided in (i), (ii) or (iii) above are violated, the shares of Capital Stock in excess
or in violation of the above limitations will be automatically transferred to a Trustee of a Trust for the benefit of one or more Charitable Beneficiaries. In addition, the Corporation may redeem shares upon the terms and conditions specified by the
Board of Directors in its sole discretion if the Board of Directors determines that ownership or a Transfer or other event may violate the restrictions described above. Furthermore, if the ownership restriction provided in (iv) above would be
violated or upon the occurrence of certain events, attempted Transfers in violation of the restrictions described above may be void ab initio . All capitalized terms in this legend have the meanings defined in the Charter of the Corporation, as the
same may be amended from time to time, a copy of which, including the restrictions on transfer and ownership, will be furnished to each holder of Capital Stock of the Corporation on request and without charge. Requests for such a copy may be
directed to the Secretary of the Corporation at its principal office. 
 For value received,
                                         
                            hereby sell, assign and transfer unto 
  

					
	 PLEASE INSERT SOCIAL SECURITY OR OTHER
 IDENTIFYING NUMBER OF ASSIGNEE
	 		 	
	 		
	 	 		 	

  
  

			
	(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)

  
  
  
  

			
	


			
	
	                                       
                                         
                                         
                                         
                                         
  shares
	of the common stock represented by the within Certificate, and do hereby irrevocably constitute and appoint
	
	                                       
                                         
                                         
                                         
                                        
Attorney
	to transfer the said stock on the books of the within named Corporation will full power of substitution in the premises.








 Dated
                                     
  

					
		 	 Notice:    The signature to this assignment must correspond with
the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change whatever.


  

					
	Signature(s) Guaranteed:	 		 	
		
	  
 THE SIGNATURE(S) SHOULD BE
GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION
 (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH
 MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM,
 PURSUANT TO
S.E.C. RULE 17Ad-15).
	 	

 KEEP THIS CERTIFICATE IN A SAFE PLACE. IF IT IS LOST, STOLEN, OR DESTROYED, THE CORPORATION WILL REQUIRE A BOND
OF INDEMNITY AS A CONDITION TO THE ISSUANCE OF A REPLACEMENT CERTIFICATE.