Document:

EXHIBIT 10.73.2
                                                                 ---------------

                      SECOND AMENDMENT TO MASTER AGREEMENT
                          AND OTHER OPERATIVE DOCUMENTS
                          -----------------------------

         THIS SECOND AMENDMENT TO MASTER AGREEMENT AND OTHER OPERATIVE DOCUMENTS
is made as of the ___ day of August, 2001 by and among CORRECTIONAL SERVICES
CORPORATION, a corporation duly organized and validly existing under the laws of
the State of Delaware (the "Company"); each of the Subsidiaries of the Company
that is a signatory hereto or that, pursuant to Section 3.6 of the Master
Agreement (as hereinafter defined), shall become a party hereto as a lessee
(individually, together with the Company in its capacity as a lessee, a "Lessee"
and collectively the "Lessees"); each of the Subsidiaries of the Company
identified under the caption "SUBSIDIARY GUARANTORS" on the signature pages
hereto (individually a "Subsidiary Guarantor" and, collectively, the "Subsidiary
Guarantors"); ATLANTIC FINANCIAL GROUP, LTD., a Texas limited partnership (the
"Lessor"); certain financial institutions parties hereto as lenders (together
with any other financial institution that becomes a party hereto as a lender,
collectively referred to as "Lenders" and individually as a "Lender"); FLEET
NATIONAL BANK, a national banking association and successor by merger to Summit
Bank, as syndication agent for the Lenders (in such capacity, together with its
successors in such capacity, the "Syndication Agent"); and SUNTRUST BANK,
NASHVILLE, N.A., a national banking association, as documentation agent (in such
capacity, the "Document Agent").

                              W I T N E S S E T H:
                               -------------------

         WHEREAS, the Company, the Lessees, the Subsidiary Guarantors, the
Lessor, the Lenders, the Syndication Agent and the Documentation Agent entered
into a Master Agreement dated as of August 31, 1999, as amended by a first
amendment thereto dated as of November 10, 2000 (collectively, the "Master
Agreement"); and

         WHEREAS, the Company has requested the Lessor, the Lenders, the
Syndication Agent and the Documentation Agent to make certain amendments to the
Master Agreement as more fully described herein, and the Lessor, the Lenders,
the Syndication Agent and the Documentation Agent have agreed to do so, subject
to and in accordance with the terms and conditions hereinafter set forth.

         NOW, THEREFORE, in consideration of the premises and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

         1.       Defined Terms. Except as otherwise indicated herein, all words
and terms defined in the Appendix A to the Master Agreement shall have the same
meanings when used herein.

         2.       Amendments to Master Agreement.

                  (a) Appendix A to the Master Agreement is amended by adding
the following definition thereto:

<PAGE>

                  "Fleet National Bank" shall mean Fleet National Bank, a
         national banking association.

                  (b) The following definitions appearing in Appendix A to the
Master Agreement are hereby amended to read in their entirety as follows:

                  "Applicable Margin" shall mean:

                           (i) with reference to Advances that are Base Rate
         Advances or LIBOR Advances, an amount in excess of the Base Rate or the
         LIBOR Rate, as the case may be, determined from time to time in
         accordance with the table set forth below. The Applicable Margin shall
         change on the fifth Business Day following receipt by the Syndication
         Agent of a Compliance Certificate of the Company demonstrating that the
         ratio of the consolidated Total Funded Debt of the Company and its
         Subsidiaries to Adjusted EBITDA as at the last day of the immediately
         preceding fiscal quarter of the Company shall be at a different level
         in the table below, whereupon the Applicable Margin shall be reduced or
         increased to the applicable percentage set forth in such table.
         Notwithstanding the foregoing, the Applicable Margin shall not be
         reduced at any time during which an Event of Default shall have
         occurred and be continuing:

<TABLE><CAPTION>
                                            Applicable Margin for           Applicable Margin for
                   Ratio of Total        Revolving Credit Loans that        Revolving Credit Loans
                   Funded Debt to                    are                           that are
   Level          Adjusted EBITDA              Base Rate Loans                    LIBOR Loans
   -----          ---------------            -------------------                 -------------
    <S>             <C>                            <C>                             <C>
     I              < 3.25:1 and                    1.75%                           3.25%
                    -
                    > 3.00:1
                    -
     II             < 3.00:1 and                    1.50%                           3.00%
                    -
                    > 2.50:1
                    -
    III             < 2.50:1 and                    1.25%                           2.75%
                    -
                    > 2.00:1
                    -
     IV             < 2.00:1                        1.00%                           2.50%
                    -
</TABLE>

                  "Funding Termination Date" shall mean the earlier of (i) July
         31, 2001, or (ii) the date which is six months prior to the end of the
         Base Term, as it may be renewed pursuant to Section 14.9 of the Lease.

                  "Syndication Agent" shall mean Fleet National Bank, its
         successors and assigns.

                  (c) Section 5.1(j) of the Master Agreement is hereby amended
to read in its entirety as follows:

                                       2
<PAGE>

                  9.1.10  Total Funded Debt to Adjusted EBITDA Ratio.
                          ------------------------------------------

                  The Company will not permit the ratio of (i) the consolidated
         Total Funded Debt of the Company and its Subsidiaries as of the last
         day of any fiscal quarter of the Company ending during any test period
         set forth in the table below, to (ii) Adjusted EBITDA for the period of
         four consecutive fiscal quarters ending on the same day, to be greater
         than the ratio set forth opposite such test period below:

                   Four Fiscal
                   Quarters Ending                           Ratio
                   ---------------                           -----
                   June 30, 2001                             3.25:1

                   September 30, 2001                        2.50:1
                   and thereafter

                  (d) All references in the Credit Agreement to "Summit Bank"
are hereby amended to read "Fleet National Bank".

         3.       Loan Agreement Availability. The Lessor and the Company
acknowledge and agree that, as a result of the amendment to the term "Funding
Termination Date" effected by this Agreement, the Lessor may not request further
Loans under the Loan Agreement after the date hereof.

         4.       Amendments to Other Operative Documents. Appendix A to each of
the Lease, the Loan Agreement, and the Construction Agency Agreement are hereby
amended to incorporate therein the changes to Appendix A to the Master Agreement
effected by paragraphs 2(a) and (b) of this Agreement.

         5.       Guaranty Reaffirmation. The Company hereby reaffirms all of
the terms and conditions of the Guaranty Agreement and acknowledges and agrees
that it has no defenses, offsets or counterclaims with respect to its
obligations thereunder.

         6.       Representations and Warranties.

                  (a) In order to induce the Syndication Agent and the Lenders
to enter into this Agreement and amend the Master Agreement as provided herein,
each Obligor, as to itself, hereby represents and warrants to the other parties
hereto as follows:

                           (i) All of the representations and warranties of the
Obligors set forth in the Master Agreement are true, complete and correct in all
material respects on and as of the date hereof with the same force and effect as
if made on and as of the date hereof and as if set forth at length herein.

                           (ii) After giving effect to this Agreement, no
Potential Event of Default or Event of Default presently exists and is
continuing on and as of the date hereof.

                                       3
<PAGE>

                           (iii) Since the date of the Obligors' most recent
financial statements delivered to the Syndication Agent, no Material Adverse
Effect has occurred, and no event has occurred or failed to occur which has had
or is likely to have a Material Adverse Effect.

                           (iv) Each Obligor has full power and authority to
execute, deliver and perform any action or step which may be necessary to carry
out the terms of this Agreement and all other agreements, documents and
instruments, if any, executed and delivered by the Obligor to the Syndication
Agent and the Lenders concurrently herewith or in connection herewith
(collectively, the "Amendment Documents"); each Amendment Document to which any
of the Obligors is a party has been duly executed and delivered by such party
and is the legal, valid and binding obligation of such party enforceable in
accordance with its terms, subject to any applicable bankruptcy, insolvency,
general equity principles or other similar laws affecting the enforcement of
creditors' rights generally.

                           (v) The execution, delivery and performance of the
Amendment Documents will not (i) violate any provision of any existing law,
statute, rule, regulation or ordinance binding upon the Obligors, (ii) conflict
with, result in a breach of, or constitute a default under (A) the certificate
of incorporation or by-laws or other equivalent formation documents of any
Obligor, (B) any order, judgment, award or decree of any court, governmental
authority, bureau or agency, or (C) any mortgage, indenture, material lease,
contract or other material agreement or undertaking to which any Obligor is a
party or by which such party or its properties or assets may be bound, or (iii)
result in the creation or imposition of any lien or other encumbrance upon or
with respect to any property or asset now owned or hereafter acquired by any
Obligor, other than liens in favor of the Syndication Agent for the ratable
benefit of the Lenders.

                           (vi) No consent, license, permit, approval or
authorization of, exemption by, notice to, report to, or registration, filing or
declaration with any Person is required in connection with the execution,
delivery or performance by the Obligors of the Amendment Documents or the
transactions contemplated thereby.

                  (b) The Lessor hereby represents and warrants to the other
parties hereto as follows:

                           (i) All of the representations and warranties of the
Lessor set forth in the Master Agreement are true, complete and correct in all
material respects on and as of the date hereof with the same force and effect as
if made on and as of the date hereof and as if set forth at length herein.

                           (ii) Since the date of the Lessor's most recent
financial statements delivered to the Syndication Agent, no Material Adverse
Effect has occurred, and no event has occurred or failed to occur which has had
or is likely to have a Material Adverse Effect.

                           (iii) The Lessor has full power and authority to
execute, deliver and perform any action or step which may be necessary to carry
out the terms of this Agreement and any other Amendment Document; each Amendment
Document to which the Lessor is a party has been duly executed and delivered by
the Lessor and is the legal, valid and binding obligation of the

                                       4
<PAGE>

Lessor enforceable in accordance with its terms, subject to any applicable
bankruptcy, insolvency, general equity principles or other similar laws
affecting the enforcement of creditors' rights generally.

                           (iv) The execution, delivery and performance of the
Amendment Documents will not (i) violate any provision of any existing law,
statute, rule, regulation or ordinance binding upon the Lessor, (ii) conflict
with, result in a breach of, or constitute a default under (A) the formation
documents of the Lessor, (B) any order, judgment, award or decree of any court,
governmental authority, bureau or agency, or (C) any mortgage, indenture,
material lease, contract or other material agreement or undertaking to which the
Lessor is a party or by which the Lessor or its properties or assets may be
bound, or (iii) result in the creation or imposition of any lien or other
encumbrance upon or with respect to any property or asset now owned or hereafter
acquired by the Lessor.

                           (v) No consent, license, permit, approval or
authorization of, exemption by, notice to, report to, or registration, filing or
declaration with any Person is required in connection with the execution,
delivery or performance by the Lessor of the Amendment Documents or the
transactions contemplated thereby.

         7. Syndication Agent's Costs. The Company shall on demand reimburse the
Syndication Agent for all out-of-pocket costs, including legal fees and
expenses, incurred by the Syndication Agent in connection with this Agreement
and the other Amendment Documents and the transactions referenced herein. In the
event the Company shall fail to pay any such invoice within 10 days, the Company
irrevocably authorizes the Syndication Agent to charge the Company's account(s)
with the Syndication in the amount of such out-of-pocket costs.

         8. No Change. Except as expressly set forth herein or modified hereby,
all of the terms and provisions of the Master Agreement and the other Operative
Documents are hereby reaffirmed in their entirety shall continue in full force
and effect.

         9. Counterparts; Effectiveness. This Agreement may be executed in any
number of counterparts, each of which shall be an original and all of which
shall constitute one and the same instrument. This Agreement shall not be
binding upon any party until all parties hereto have executed this Agreement and
delivered it to the Syndication Agent.

                   [Balance of page intentionally left blank]

                                       5
<PAGE>

         10. Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of New York.

         IN WITNESS WHEREOF, the undersigned have caused their duly authorized
representatives to execute and deliver this Agreement as of the day and year
first above written.

                                        CORRECTIONAL SERVICES CORPORATION,
                                        a Delaware corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        YOUTH SERVICES INTERNATIONAL, INC.
                                        a Maryland corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        FF&E, INC., a New Jersey corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        COMMUNITY CORRECTIONS, INC., a
                                        Texas corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                       (Signatures continued on next page)

                                       6
<PAGE>

                                        YOUTH SERVICES INTERNATIONAL
                                        OF NORTHERN IOWA, INC., an
                                        Iowa corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        YOUTH SERVICES INTERNATIONAL
                                        OF BALTIMORE, INC., a Maryland
                                        corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        YOUTH SERVICES INTERNATIONAL
                                        OF VIRGINIA, INC., a Virginia
                                        corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        YOUTH SERVICES INTERNATIONAL
                                        HOLDINGS, INC., a Delaware corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                       (Signatures continued on next page)

                                       7
<PAGE>

                                        YOUTH SERVICES INTERNATIONAL
                                        REAL PROPERTY PARTNERSHIP, LLP,
                                        a Maryland limited liability partnership

                                        By:_________________________________
                                              Name:
                                              Title: of Both Partners

                                        YOUTH SERVICES INTERNATIONAL
                                        OF DELAWARE, INC., a Delaware
                                        corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        YOUTH SERVICES INTERNATIONAL
                                        OF ILLINOIS, INC., a Maryland
                                        corporation

                                        By:________________________________
                                              Name:
                                              Title:

                                        YOUTH SERVICES INTERNATIONAL
                                        OF MARYLAND, INC., a Maryland
                                        corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                       (Signatures continued on next page)

                                       8

<PAGE>

                                        YOUTH SERVICES INTERNATIONAL
                                        OF MINNESOTA, INC., a Maryland
                                        corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        YOUTH SERVICES INTERNATIONAL
                                        OF SOUTH DAKOTA, INC., a South Dakota
                                        corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        YOUTH SERVICES INTERNATIONAL
                                        OF TEXAS, INC., a Texas
                                        corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        YSI OF CENTRAL IOWA, INC.,
                                        an Iowa corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                       (Signatures continued on next page)

                                       9
<PAGE>

                                        YOUTH SERVICES INTERNATIONAL
                                        OF IOWA, INC., a Maryland
                                        corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        YOUTH SERVICES INTERNATIONAL
                                        OF MICHIGAN, INC., a Michigan
                                        corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        YOUTH SERVICES INTERNATIONAL
                                        OF MISSOURI, INC., a Missouri
                                        corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        YOUTH SERVICES INTERNATIONAL
                                        OF TENNESSEE, INC., a Maryland
                                        corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                       (Signatures continued on next page)

                                       10
<PAGE>

                                        YOUTH SERVICES INTERNATIONAL
                                        SOUTHEASTERN PROGRAMS, INC.,
                                        a Maryland corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        CSC MANAGEMENT DE PUERTO RICO, INC.,
                                        a Puerto Rico corporation

                                        By:_________________________________
                                              Name:
                                              Title:

                                        FLEET NATIONAL BANK,
                                        as the Syndication Agent and a Lender

                                        By:_________________________________
                                              Lisa Cohen
                                              Vice President

                                        ATLANTIC FINANCIAL GROUP, LTD.,
                                        as Lessor

                                        By:  Atlantic Financial Managers, Inc.,
                                             its General Partner

                                                By:________________________
                                                    Name:
                                                    Title:

                       (Signatures continued on next page)

                                       11

<PAGE>

                                        SUNTRUST BANK, NASHVILLE, N.A.,
                                        as the Documentation Agent and a Lender

                                        By:_________________________________
                                           Name:
                                           Title:

                                       12Q2 2001 Exhibit 4.1

Exhibit 4.1

E-LOAN, INC.

PROMISSORY NOTE

	
$2,000,000.00
	
March 31, 2001

	
Dublin, California 
	
 

E-LOAN, INC., a Delaware corporation (the "Company"), the principal
office of which is located at 5875 Arnold Road, Suite 100, Dublin, California
94568, for value received hereby promises to pay to The Charles Schwab
Corporation (the "Lender"), or its registered assigns, on or before April
15, 2001 (the "Maturity Date"), the principal sum of Two Million Dollars
($2,000,000.00). All unpaid amounts of principal and interest shall be due and
payable in full on the Maturity Date.

The Company also promises to pay interest on the unpaid principal amount
hereof from the date hereof until paid at the rate of eight percent (8%) per
annum. Notwithstanding the preceding, in the event that this Promissory Note is
not repaid on or before the Maturity Date, interest on this Promissory Note
shall continue to accrue and be added to the unpaid principal at the rate of
fifteen percent (15%) per annum compounded weekly. Notwithstanding anything to
the contrary contained elsewhere in this Promissory Note, the Company and Lender
agree that in no event shall the interest paid or payable under this note exceed
the maximum non-usurious interest rate (the "Maximum Rate") that at any time or
from time to time may be contracted for, taken, reserved, charged or received
for money loaned under the laws of the State of California. If, in any period,
the interest rate, absent any limitation in this Promissory Note, would exceed
the Maximum Rate, then the interest rate for that period shall be the Maximum
Rate, and, if in future periods, that interest rate would otherwise be less than
the Maximum Rate, then that interest rate shall remain at the Maximum Rate until
such time as the amount of interest paid hereunder equals the amount of interest
which would have been paid if the same had not been limited by the Maximum Rate.
Any payment by the Company will in any event be applied first to accrued and
unpaid interest and then to principal.

All payments of principal and interest in respect of this Promissory Note
shall be made in lawful money of the United States of America to Lender at 101
Montgomery Street, San Francisco, California 94104, or such other place as shall
be designated in writing for such purpose.

The principal amount, together with all accrued interest thereon, of this
Promissory Note may be prepaid at any time or from time to time without penalty.
The Company hereby covenants and agrees that 100% of the net proceeds obtained
by the Company from the sale and issuance of its capital stock or secured or
unsecured notes to Lender shall be applied against the principal and interest
due on this Promissory Note until such principal and interest is paid in
full.

The obligations of the Company pursuant to this Promissory Note are secured
pursuant to a Security Agreement between the Company and Lenders, dated March
31, 2001. The obligations of the Company under this Promissory Note and the
rights the Lender to receive payments hereunder are subordinated to the
obligations that the Company has to Bank One NA under the terms of that certain
Loan Agreement dated as of April 2, 2001 (the "Loan Agreement"). The Lender may
receive payments under this Promissory Note so long as there has been no event
of default under the Loan Agreement, and so long as such payments would not
cause an event of default under the Loan Agreement at the time of such payment.
The obligations of the Company under this Promissory Note are secured by alien
against certain of the Company's assets, and such lien is and shall remain
junior in priority to the lien in favor of Bank One NA as provided under the
Loan Agreement. Upon an event of default under the Loan Agreement, the Lender
shall receive no payments under this Promissory Note unless and until the
obligations under the Loan Agreement are indefeasibly paid in full or the
default is waived or otherwise cured. Notwithstanding any provision of this
paragraph, a failure by the Company to repay this Promissory Note in full on or
before the Maturity Date shall be deemed to be a default under this Promissory
Note and nothing contained in this paragraph shall impair, as between the
Company and the Lender, the obligation of the Company to pay the Lender the
principal hereof and interest hereon as and when the same becomes due and
payable, or shall prevent the Lender from exercising all rights, power and
remedies otherwise provided herein or by applicable law. In the event that this
Promissory Note may be part in part without creating a default under the Loan
Agreement, this Promissory Note shall be paid to the maximum amount that would
not result in a default under the Promissory Note.

This Promissory Note is being executed concurrently with a Promissory
Note executed by the Company payable to Christian Larsen (the "Larsen Note"). No
repayment shall occur on the Larsen Note unless a proportional amount of this
Promissory Note (such proportion being based on the amounts outstanding under
this Promissory Note and the Larsen Note) is concurrently repaid.

The Company promises to pay all reasonable costs and expenses, including
reasonable attorneys' fees, incurred in the collection and enforcement of this
Promissory Note. The Company hereby consents to renewals and extensions of time
at or after the Maturity Date hereof, without notice. The Company for itself and
its legal successors and assigns, hereby waives diligence, presentment, protest,
dishonor, notice of dishonor, demand and notice of every kind.

No extension of time for payment of any amount owing hereunder shall affect
the liability of the Company or any person or entity, now or at any time
hereafter, liable for payment of the indebtedness evidenced hereby. No delay by
the Company, including any delay because of a default under the Loan Agreement,
or the Lender hereof in exercising any power or right hereunder shall operate as
a waiver of any power or right hereunder. No waiver or modification of the terms
of this Promissory Note shall be valid unless in writing and signed by the
Lender.

This Note shall be deemed made and delivered under, and shall be governed
by, the internal laws of the State of California in all respects.

The Company agrees that it will not enter into the Loan Agreement until
it receives from Bank One NA a written waiver waiving the Company's entering
into of this Promissory Note and the repayment of the Promissory Note in
accordance with the terms of this Promissory Note. 

IN WITNESS WHEREOF, the Company has caused this Promissory Note to be
executed and delivered by its duly authorized officers, as of the date and place
first above written.
E-LOAN, INC., a Delaware corporation

 

By/s/ Joseph J. Kennedy

Joseph J. Kennedy

President

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