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                                                                EXHIBIT 10(b)(4)

                        STOCK PLEDGE SECURITY AGREEMENT
                                  (SECURITIES)

         AGREEMENT by and between KOGER EQUITY, INC., ("Lender") and ROBERT
ONISKO ("Borrower") dated as set forth in subsection 1.5 below. Capitalized
terms used and not otherwise defined herein shall have the meanings set forth
in the Loan Agreement (as defined below).

         1.       DEFINITIONS

                  The terms set forth below shall be defined as follows:

                  1.1      "Account" means securities account number 040-21650
                           at Bear, Stearns Securities Corp.

                  1.2      "Borrower" means Robert Onisko, an individual.

                  1.3      "Borrower's Address" is: 1676 S.W. 19th Avenue, Boca
                           Raton, Florida 33486.

                  1.4      "Borrower's Collateral" means (i) the Loan Stock;
                           (ii) the Account, all funds, Financial Assets and
                           Investment Property therein and all certificates and
                           instruments from time to time representing or
                           evidencing the Account or any funds, securities,
                           investments, Financial Assets, Investment Property
                           or other property deposited and held in the Account
                           (including, without limitation, all Loan Stock
                           deposited in the Account) and all other property or
                           rights assigned or allocable to the Account; (iii)
                           all notes, certificates of deposit, deposit amounts,
                           checks and other investments from time to time
                           hereafter delivered to or otherwise possessed by
                           Borrower in substitution for any or all of the
                           foregoing; (iv) all interest, cash, instruments and
                           other property from time to time received,
                           receivable, or distributed in respect of any or all
                           of the foregoing; (v) all Security Entitlements of
                           Borrower in or with respect to any and all of the
                           foregoing; (vi) all rights of Borrower under the
                           Control Agreement; and (vii) all proceeds of any and
                           all of the foregoing.

                  1.5      "Collateral Account Control Agreement" means that
                           certain Account Control Agreement among Lender,
                           Bear, Stearns Securities Corp. and Borrower being
                           executed contemporaneously herewith.

                  1.6      "Date of Agreement" is: dated as of February 17,
                           2000.

                  1.7      "Event of Default" means each and every event
                           specified in Section 4 of this Agreement.

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                  1.8      "Lender's Address" is: 8880 Freedom Crossing Trial,
                           Jacksonville, Florida 32256.

                  1.9      "Loan" means that certain loan from Lender to
                           Borrower as set forth in the Loan Agreement and as
                           evidenced by the Notes.

                  1.10     "Loan Agreement" means the Stock Purchase and Loan
                           Agreement between Borrower and Lender being executed
                           herewith.

                  1.11     "Loan Amount" means the total amount of the loan
                           from Lender to Borrower as set forth in the Notes
                           which amount is sufficient to enable Borrower to
                           purchase up to a maximum of 150,000 shares of
                           Lender's common stock as provided in the Loan
                           Agreement.

                  1.12     "Loan Stock" means the common stock of the Lender
                           purchased by Borrower with proceeds from the Loan.

                  1.13     "Notes" means the 25% Recourse Note and the No
                           Recourse Note both as described in the Loan
                           Agreement.

                  1.14     "Obligations" means all indebtedness, obligations
                           and liabilities of Borrower to Lender arising
                           pursuant to the Loan Agreement and the Notes and all
                           interest, taxes, fees, charges, expenses and
                           reasonable attorneys' fees chargeable to Borrower or
                           incurred by Lender under this Agreement, or any
                           other document or instrument delivered in connection
                           with the Loan Agreement.

                  1.15     "Uniform Commercial Code" means the Uniform
                           Commercial Code as enacted in the State of Florida
                           and in effect from time to time.

                           To the extent not defined in Section 1 or the Loan
                           Agreement, unless the context otherwise requires,
                           all other terms contained in this Agreement shall
                           have the meanings attributed to them by the Uniform
                           Commercial Code in force in the State of Florida, as
                           of the Date of Agreement, to the extent that same
                           are used or defined therein.

                           To the extent not defined in Section 1, unless the
                           context otherwise requires, all other accounting
                           terms contained in this Agreement shall have the
                           meanings attributed to them by generally accepted
                           accounting principals, as of the Date of Agreement,
                           to the extent that same are used or defined therein.

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         2.       GRANT OF SECURITY INTEREST

                           To secure payment and performance of Borrower's
                           obligations and duties under the terms of the Loan
                           Agreement and the Notes, Borrower hereby pledges,
                           assigns and transfers to Lender, and grants to
                           Lender a continuing lien on and security interest in
                           and to Borrower's Collateral.

         3.       SPECIFIC REPRESENTATIONS, WARRANTIES AND COVENANTS WITH
                  RESPECT TO BORROWER'S COLLATERAL

                  With respect to Borrower's Collateral, Borrower hereby
                  represents and warrants and covenants with Lender, as
                  follows:

                  3.1      Borrower agrees to reimburse Lender, on demand, for
                           any amounts paid or advanced by Lender for the
                           purpose of preserving Borrower's Collateral or any
                           part thereof and/or any liabilities or expenses
                           incurred by Lender as the transferee or holder of
                           Borrower's Collateral.

                  3.2      Lender shall be under no duty to:

                           3.2.1    Collect or protect Borrower's Collateral or
                                    any proceeds thereof or give any notice
                                    with respect thereto.

                           3.2.2    Preserve the rights of Borrower with
                                    respect to Borrower's Collateral against
                                    prior parties.

                           3.2.3    Preserve rights against any parties to any
                                    instrument or chattel paper which may be a
                                    part of Borrower's Collateral.

                           3.2.4    Sell or otherwise realize upon Borrower's
                                    Collateral.

                           3.2.5    Seek payment from any particular source.

                           Without limiting the generality of the foregoing,
                           Lender shall not be obligated to take any action in
                           connection with any conversion, call, redemption,
                           retirement, or any other event relating to any of
                           Borrower's Collateral.

                  3.3      Lender shall exercise reasonable care in the custody
                           and preservation of Borrower's Collateral to the
                           extent required by applicable statute and use its
                           best efforts to take such action as the Borrower may
                           reasonably request in writing but the failure to do
                           any such act shall not be deemed a failure to
                           exercise reasonable care.


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                  3.4      Borrower will not withdraw any money or property
                           from the Account, nor sell nor offer to sell nor
                           otherwise transfer any portion of the Borrower's
                           Collateral, except upon Onisko's payment to Lender
                           of the "Per Share Release Price" from the proceeds
                           derived from the sale of the Loan Stock as provided
                           in Section 2.2(E) of the Loan Agreement. Such sums
                           or securities may be withdrawn only upon notice to
                           and the prior written consent of Lender which shall
                           not be withheld provided that Onisko pays Lender the
                           Per Share Release Price. Lender acknowledges that
                           the total value of the Account may exceed the Loan
                           Amount, but that Lender's right to recovery upon the
                           Loan Agreement, the Notes and this Agreement shall
                           be limited to the amounts specified in the Notes. If
                           no Event of Default has occurred or is continuing,
                           Borrower may make trades in such account. Borrower
                           may exercise any voting or consensual rights with
                           respect to the Borrower's Collateral.

                  3.5      If the Borrower's Collateral is in a securities
                           account maintained by Borrower or on behalf of
                           Borrower at a third party, Borrower will furnish or
                           cause to be furnished to Lender a control agreement
                           signed by Borrower and such third party pursuant to
                           which such third party agrees, among other things,
                           to take no instructions with respect to the
                           Borrower's Collateral, except as provided in such
                           agreement.

         4.       EVENTS OF DEFAULT AND ACCELERATION

                  4.1      The occurrence of any one or more of the following
                           events shall constitute an Event of Default
                           hereunder:

                           4.1.1    Failure to perform or observe any covenant,
                                    term or agreement herein set forth or set
                                    forth in the Notes beyond any applicable
                                    grace period;

                           4.1.2    Occurrence of any Event of Default beyond
                                    any applicable grace period provided for in
                                    the Loan Agreement;

                           4.1.3    Termination of the Account except as
                                    permitted by the Collateral Account Control
                                    Agreement; and

                           4.1.4    Termination of any Collateral Account
                                    Control Agreement except as provided in
                                    such agreement.

                  4.2      If any Event of Default shall occur and be
                           continuing beyond any applicable grace period, then
                           or at any time thereafter, while such Event of
                           Default shall continue, Lender may declare all
                           Obligations to be due and payable, without notice,
                           protest, presentment or demand, all of which are
                           hereby expressly waived by Borrower.


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                  4.3      If any Event of Default shall occur hereunder or
                           under the Loan Agreement, Borrower shall, if
                           required by Lender, cease making trades in the
                           Account.

         5.       RIGHTS AND REMEDIES

                  Lender shall have the rights and remedies set forth in the
                  Loan Agreement, together with:

                  5.1      The right to proceed at law or in equity against the
                           Account and without demand or advertisement (which
                           are hereby waived) but on ten (10) days prior
                           written notice to Borrower, to sell, assign and
                           deliver the whole or any of the Borrower's
                           Collateral at any time or times, at such prices as
                           it may deem best, either at any broker's board or at
                           public or private sale in Florida or elsewhere; and
                           at any sale at broker's board or at public auction,
                           Lender may purchase and hold the whole or any part
                           of the Borrower's Collateral sold, free from any
                           claim or right of redemption of Borrower and the
                           Borrower's Collateral sold may be retained by Lender
                           until the selling price is paid by the purchaser;
                           Lender shall incur no liability in the case of the
                           failure of the purchaser to take up and pay for the
                           Borrower's Collateral so sold, and in the event of
                           such failure, the Borrower's Collateral may again be
                           sold; and upon the sale of any Borrower's
                           Collateral, the Lender shall apply the net proceeds
                           thereof to the payment of expenses of such sale and
                           the reduction in payment of the Loan Amount,
                           accounting to Borrower for any surplus.

                  5.2      The right to file a copy (including a carbon,
                           photographic or other reproduction) of this Security
                           Agreement in lieu of a financing statement.

         6.       GENERAL PROVISIONS

                  6.1      This Agreement is a security agreement within the
                           meaning of the Uniform Commercial Code in force in
                           the State of Florida.

                  6.2      The terms and conditions set forth in the Loan
                           Agreement shall be fully applicable and are
                           incorporated herein as terms and conditions of this
                           Agreement.

         7.       WAIVER OF JURY TRIAL

                  BORROWER WAIVES TRIAL BY JURY AND CONSENTS TO AND CONFERS
                  PERSONAL JURISDICTION ON COURTS OF THE STATE OF NEW JERSEY OR
                  OF THE FEDERAL DISTRICT OF FLORIDA, AND EXPRESSLY WAIVES ANY
                  OBJECTIONS AS TO VENUE IN ANY OF


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                  SUCH COURTS AND AGREES THAT SERVICE OF PROCESS MAY BE MADE ON
                  BORROWER BY MAILING A COPY OF THE SUMMONS TO BORROWER AT
                  BORROWER'S ADDRESS. LENDER LIKEWISE WAIVES TRIAL BY JURY.


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         IN WITNESS WHEREOF, the undersigned has set his hand and seal as of
the day and year first written above.


                                     LENDER:

                                     KOGER EQUITY, INC., a Florida corporation


                                     By:  /s/ W. Lawrence Jenkins
                                        ---------------------------------------
                                     Name: W. Lawrence Jenkins
                                          -------------------------------------
                                     Title: Vice President
                                           ------------------------------------


                                     BORROWER:


                                     By: /s/ Bob Onisko
                                        ---------------------------------------
                                        Robert Onisko, individually



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