Document:

Exhibit
10.134

EXECUTION COPY

AMENDMENT
NO. 10 TO

SECURITY AGREEMENT

AMENDMENT NO. 10 TO SECURITY
AGREEMENT, dated as of February 14, 2007 (the “Amendment”), by and among FIRST
INVESTORS RESIDUAL FUNDING LP (the “Debtor”), FIRST INVESTORS FINANCIAL
SERVICES, INC., as seller (the “Seller”)
and WACHOVIA CAPITAL MARKETS, LLC (successor in interest to First Union
Securities, Inc.), as the deal agent (the “Deal
Agent”) and collateral agent (the “Collateral Agent”).

W I T N E S S E T H:

WHEREAS,
the parties hereto entered into the Security Agreement,
dated as of December 6, 2001 (as amended, modified and waived to the date
hereof, the “Security Agreement”);
and

WHEREAS,
the parties to the Security Agreement desire to make certain amendments to the
Security Agreement;

NOW,
THEREFORE, in consideration of the foregoing, and the
respective agreements, warranties and covenants contained herein, the parties
hereto agree, covenant and warrant as follows:

SECTION
1.  DEFINITIONS

1.1                               Interpretation.  All capitalized terms used herein (including
the recitals hereto) shall have the respective meanings assigned thereto in the
Security Agreement unless otherwise defined herein.

1.2                               Revised
Definitions.

(a)                                  The
definition of “Termination Date” in Section 1.1 of the Agreement is hereby
modified, amended and restated to read in its entirety as follows:

“Termination Date:  The earliest of (1) the day on which a
Termination Event occurs, (2) February 13, 2008 or such later date to which the
Termination Date may be extended, if extended, in the sole discretion of each
Noteholder or (3) the Business Day specified in a written notice from the
Debtor to the Deal Agent and the Collateral Agent.”

SECTION 2.  REPRESENTATIONS,
WARRANTIES AND COVENANTS

Debtor and Seller each
hereby represents, warrants that each of the representations and warranties
made by or on behalf of such Person in any of the Transaction Documents was
true and correct when made and is true and correct on and as of the date of
this Amendment with the

same full force and effect
as if each of such representations and warranties had been made by such Person
on the date hereof and in this Amendment. 
Debtor and the Seller each further represents and warrants to the Deal
Agent, each Secured Party and the Collateral Agent that:  (i) the execution, delivery and performance
by it of this Amendment are within its corporate powers or limited partnership
powers, as the case may be, have been duly authorized by all necessary action,
will not violate any requirement of law or contractual obligation of Debtor or
Seller and will not result in, or require, the creation or imposition of any
lien on any of their respective properties or revenues, (iii) no authorization
or approval or other action by, and no notice or filing with, any governmental
authority or regulatory body is required for the due execution, delivery and
performance by it of this Amendment, (iv) this Amendment is its legal, valid
and binding obligation, enforceable against it in accordance with its terms,
except as such enforceability may be limited by bankruptcy, insolvency,
reorganization or similar laws affecting creditors’ rights generally and (v) it
is in compliance with all applicable Requirements of Law.  The representations and warranties set forth
above shall survive the execution of this Amendment.

SECTION
3.  EFFECTIVENESS OF THIS AMENDMENT

The terms and
provisions of this Amendment shall be effective on the last to occur of receipt
by the Deal Agent of an original of this Amendment fully executed by each of
the parties hereto.

SECTION 4.  PROVISIONS OF
GENERAL APPLICATION

4.1                               Effect
of this Amendment.  Except as
modified pursuant hereto, no other changes or modifications to the Transaction
Documents are intended or implied and in all other respects each of the Transaction
Documents are hereby specifically ratified, restated and confirmed by all
parties hereto as of the effective date hereof. 
To the extent of conflict between the terms of this Amendment and any
other Transaction Document, the terms of this Amendment shall control.  The Security Agreement and this Amendment
shall be read and construed as one agreement.

4.2                               Further
Assurances.  Debtor and Seller shall
execute and deliver such additional documents and take such additional action
as may, in the opinion of the Deal Agent, be necessary or desirable to
effectuate the provisions and purposes of this Amendment.

4.3                               Binding
Effect.  This Amendment shall be
binding upon and inure to the benefit of each of the parties hereto and their
respective successors and assigns.

4.4                               Survival
of Representations and Warranties. 
All representations and warranties made in this Amendment or any other
document furnished in connection with this Amendment shall survive the
execution and delivery of this Amendment and the other documents, and no
investigation by the Deal Agent, the Collateral Agent or any Secured Party or
any closing shall affect the representations and warranties or the right of
Lenders to rely upon them.

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4.5                               Severability.  Any provision of this Amendment held by a court
of competent jurisdiction to be invalid or unenforceable shall not impair or
invalidate the remainder of this Amendment.

4.6                               Governing
Law.  THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE
AND PERFORMED IN SUCH STATE, WITHOUT REFERENCE TO ITS CONFLICT OF LAWS
PROVISIONS (OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW).

4.7                               Counterparts.  This Amendment may be executed in any number
of counterparts, but all of such counterparts shall together constitute but one
and the same agreement.

[Remainder of Page
Intentionally Left Blank]

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IN WITNESS WHEREOF,
this Amendment is executed and delivered as of the day and year first above
written.

 

	
  DEBTOR:

  	
  FIRST INVESTORS RESIDUAL FUNDING LP

  	 

	
   

  	
   

  	 

	
   

  	
   

  	
  By:

  	
  FIALAC Holdings, Inc., its sole general partner

  
	
   

  	
   

  	 

	
   

  	
  By:

  	
   

  	
   

  	 

	
   

  	
  Name:

  	
  Bennie H. Duck

  
	
   

  	
  Title:

  	
  Vice President and Chief Financial Officer

  	 

	
   

  	
   

  	 

	
   

  	
   

  	 

	
  SELLER:

  	
  FIRST INVESTORS FINANCIAL SERVICES, INC.

  	 

	
   

  	
   

  	 

	
   

  	
  By:

  	
   

  	
   

  	 

	
   

  	
  Name:

  	
  Bennie H. Duck

  	 

	
   

  	
  Title:

  	
  Vice President and Chief Financial Officer

  	 

	
   

  	
   

  	 

	
   

  	
   

  	 

	
  [Additional
  Signatures to Follow]

  	 

									

 

[Signature Page to Amendment No. 10 to Security Agreement]

 

	
  NOTE INVESTOR:

  	
  VARIABLE FUNDING CAPITAL COMPANY LLC,

  	 

	
   

  	
   

  	 

	
   

  	
  By:

  	
  Wachovia Capital Markets, LLC,

  	 

	
   

  	
   

  	
  as
  attorney-in-fact

  	
   

  	 

	
   

  	 

	
   

  	
  By:

  	
   

  	
   

  	 

	
   

  	
  Name:

  	
   

  	
   

  	 

	
   

  	
  Title:

  	
   

  	
   

  	 

	
   

  	
   

  	 

	
   

  	
   

  	 

	
  DEAL AGENT and

  	
   

  	 

	
  COLLATERAL AGENT

  	
  WACHOVIA CAPITAL MARKETS, LLC,

  	 

	
   

  	
   

  	 

	
   

  	
  By:

  	
   

  	
   

  	 

	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  [End of Signatures]

  
											

 

[Signature
Page to Amendment No. 10 to Security Agreement]Exhibit
10.135

EXECUTION COPY

AMENDMENT
NO. 12 TO SECOND AMENDED AND RESTATED CREDIT

AGREEMENT

THIS AMENDMENT NO. 12 TO SECOND AMENDED AND RESTATED CREDIT
AGREEMENT, dated as of February 14, 2007 (this “Amendment”), is entered into by and
among F.I.R.C., INC., a Delaware corporation (the “Borrower”), the financial institutions
listed on the signature pages hereof (each individually a “Bank” and collectively, the “Banks”), WACHOVIA BANK, NATIONAL
ASSOCIATION (f/k/a First Union National Bank), 
and WACHOVIA CAPITAL MARKETS, LLC, a Delaware limited liability company
(“Wachovia Securities”).  Capitalized terms used and not otherwise
defined herein are used as defined in the Credit Agreement (as defined below).

WHEREAS,
the parties hereto are entering into this Amendment to amend certain provisions
of the Second Amended and Restated Credit Agreement, dated as of November 15,
2000 (as from time to time amended, supplemented or restated, the “Credit Agreement”)
by and among the Borrower, the financial institutions from time to time party
thereto, and Wachovia Securities as Agent;

NOW
THEREFORE, in consideration of the premises and the other mutual covenants
contained herein, the parties hereto agree as follows:

SECTION 1: 
Amendments.  Effective as
of the Effective Date, the Credit Agreement is hereby amended as follows:

(a)                                  The
definition of “Credit Insurance” in Section 1.01 of the Credit Agreement is
hereby amended by deleting “, GAP Insurance and VSI Insurance” from the first
line of the definition.

(b)                                 The
definition of “Liquidation Proceeds” in Section 1.01 of the Credit Agreement is
hereby amended by deleting “, the VSI Insurance and the GAP Insurance” from the
last line of the definition.

(c)                                  The
definition of “Revolving Loan Termination Date” in Section 1.01 of the Credit
Agreement is hereby amended and restated in its entirety to read as follows:

“Revolving Loan
Termination Date means the earlier of (i) February 13, 2008 and (ii) the
date of termination in whole of the Commitments pursuant to Section 2.04 or 8.01.”

(d)                                 Each
of the definitions of “GAP Insurance” and “VSI Insurance” in Section 1.01 of
the Credit Agreement is hereby deleted in its entirety.

(e)                                  Clause
(l) of Section 4.01 of the Credit Agreement is hereby amended by deleting “,
the GAP Insurance, and the VSI Insurance” from the first line and replacing “are”
with “is”.

(f)                                  Section
8.01 of the Credit Agreement is hereby amended as follows:

(i)                                     Each
of clauses (j) and (l) is hereby amended by deleting “, the GAP Insurance, or
the VSI Insurance”; and

(ii)                                Clause
(q) is hereby deleted in its entirety and replaced with “[reserved]; or”.

(g)                                 Exhibit
D of the Credit Agreement is hereby deleted in its entirety and replaced with “[Reserved]”.

SECTION 2.  Effective Date.  This Amendment shall become effective as of
the date (the “Effective Date”)
on which each of the following conditions precedent shall have been satisfied:

(a)                                  Amendment.  The Agent and each Bank shall have received
multiple counterparts, as requested, of this Amendment, executed and delivered
by a duly authorized officer of each party hereto.

(b)                                 Covenants.  The Borrower is in compliance with each of
its covenants set forth herein and each of the Facility Documents to which it
is a party.

(c)                                  No
Default.  No event has occurred which
constitutes a Default or an Event of Default under the Facility Documents.

(d)                                 Other
Information.  The Borrower shall have
taken such other action, including delivery of approvals, consents, opinions,
documents and instruments, as the Agent may reasonably request.

SECTION
3.  Miscellaneous.

(a)                                  References
Credit Agreement.  Upon the
effectiveness of this Amendment, each reference in the Credit Agreement to “this
Agreement”, “hereunder”, “hereof”, “herein”, or words of like import shall mean
and be a reference to the Credit Agreement as amended hereby.

(b)                                 Effect
on Credit Agreement.  Except as
specifically amended above, the Credit Agreement and all other documents,
instruments and agreements executed and/or delivered in connection therewith
shall remain in full force and effect and are hereby ratified and confirmed.

(c)                                  No
Waiver.  The execution, delivery and
effectiveness of this Amendment shall not operate as a waiver of any right,
power or remedy of any Person under the Credit Agreement or any other document,
instrument or agreement executed in connection therewith, nor constitute a
waiver of any provision contained therein.

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(d)                                 Successors
and Assigns.  This Amendment shall be
binding upon and shall inure to the benefit of the parties hereto and their
respective successors and assigns.

(e)                                  Counterparts.  This Amendment may be executed in any number
of counterparts, and by the different parties hereto on the same or separate
counterparts, each of which shall be deemed to be an original instrument but
all of which together shall constitute one and the same agreement.  Delivery of an executed counterpart of a
signature page by facsimile shall be effective as delivery of a manually
executed counterpart of this Amendment.

(f)                                    Headings.  The descriptive headings of the various
sections of this Amendment are inserted for convenience of reference only and
shall not be deemed to affect the meaning or construction of any of the
provisions hereof.

(g)                                 Amendments.  This Amendment may not be amended or
otherwise modified except as provided in the Credit Agreement.

(h)                                 Costs
and Expenses.  The Borrower agrees to
pay, upon demand, all costs and expenses (including, without limitation all
attorneys’ fees and related expenses) incurred by the Agent in connection with
the preparation, negotiation and execution of this Amendment.

(i)                                     GOVERNING LAW.  THIS AMENDMENT (INCLUDING, BUT NOT LIMITED
TO, THE VALIDITY AND ENFORCEABILITY HEREOF) SHALL BE GOVERNED BY, AND CONSTRUED
IN ACCORDANCE WITH,THE LAWS OF THE STATE OF TEXAS, OTHER THAN THE CONFLICT OF
LAW RULES THEREOF.

[Remainder of page
intentionally left blank.]

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IN
WITNESS WHEREOF, the parties have caused this Amendment to be executed by their
respective officers thereunto duty authorized, as of the date first above
written.

 

	
   

  	
  F.I.R.C, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  

 

[signatures continued
on next page]

[Signature
page to Amendment No. 12 to Second Amended and Restated Credit Agreement]

 

 

	
  

  	
  WACHOVIA CAPITAL MARKETS, LLC

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  WACHOVIA BANK, NATIONAL ASSOCIATION

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
							

 

 

[end of
signatures]

[Signature
page to Amendment No. 12 to Second Amended and Restated Credit Agreement]

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