Document:

Exhibit 10(bk)

                    -----------------------------

                    SALE AND ASSIGNMENT AGREEMENT

                               between

                    Hallmark Finance Corporation

                                 and

                              FPF, INC.

                   Dated as of  November 18, 1999

                    -----------------------------

<PAGE>
                          TABLE OF CONTENTS

                                                                Page
                                                                ----
  Section 1. Definitions .......................................  1
  Section 2. Sale of Conveyed Property. ........................  7
  Section 3. Termination. ......................................  9
  Section 4. Purchase Price and Payment Terms for Conveyed
             Property/Right of Set-Off. ........................ 10
  Section 5. Notification of Sale .............................. 10
  Section 6. Repurchase of Conveyed Property. .................. 10
  Section 7. Delivery to FPF of Proceeds; Power of Attorney. ... 11
  Section 8. Verification, Notification and Collection of
             Premium Receivables................................ 11
  Section 9. Financial Statements and Books and Records. ....... 11
  Section 10.Seller's General Representations and Warranties. .. 11
  Section 11.Seller's Representations and Warranties With
             Respect to the Conveyed Property .................. 14
  Section 12.Additional Covenants of Seller. ................... 17
  Section 13.Taxes. ............................................ 19
  Section 14.Further Assurances and Substituted Performance. ... 19
  Section 15.Indemnification. .................................. 20
  Section 16.Default. .......................................... 20
  Section 17.Remedies. ......................................... 21
  Section 18.Waiver. ........................................... 22
  Section 19.Counterparts/Facsimiles. .......................... 22
  Section 20.Essence of Time ................................... 22
  Section 21.Assignment ........................................ 22
  Section 22.Standard of Care .................................. 23
  Section 23.Costs and Expenses/Attorneys Fees. ................ 23
  Section 24.Notices. .......................................... 23
  Section 25.Successors and Assigns. ........................... 23
  Section 26.Severability. ..................................... 23
  Section 27.Force Majeure. .................................... 24
  Section 28.Governing Law. .................................... 24
  Section 29.Jurisdiction and Waiver of Certain Damages. ....... 24
  Section 30.Entire Agreement. ................................. 25
  Section 31.Waiver of Jury Trial. ............................. 25

<PAGE>
                      SALE AND ASSIGNMENT AGREEMENT

       This Sale and Assignment Agreement is dated as of the 18th day  of
  November,  1999  by  Hallmark  Finance  Corporation  ("Seller"),  whose
  address is 14651 Dallas Parkway, Suite 900, Dallas, TX  75240 and  FPF,
  Inc. ("FPF"), whose  address is  600 Seventeenth  Street, Suite  1900S,
  Denver, Colorado 80202.

                              RECITALS:

       A.   Seller originated and/or  owns Premium Receivables  evidenced
  by Premium  Finance  Agreements  to finance  payments  by  Obligors  of
  premiums for  the purchase  of insurance  policies and,  in  connection
  therewith, Seller  has  a  security interest  arising  under  statutory
  authority  or  otherwise  in  unearned  premiums,  dividends  and  loss
  payments with  respect  to such  insurance  policies and  in  state  or
  industry guaranty funds for the reimbursement of unearned premiums from
  cancelled insurance policies and failed insurance companies; and

       B.   Seller wishes to sell  from time to time  during the Term  of
  this Agreement  and FPF  wishes to  purchase all  of Seller's  Eligible
  Premium  Receivables  and  related   interests  under  the  terms   and
  conditions described in this Agreement.

       NOW,  THEREFORE,  in  consideration  of  the  foregoing  and   the
  covenants  contained   herein  and   for   other  good   and   valuable
  consideration,  the  receipt  and  sufficiency  of  which  are   hereby
  acknowledged, the parties hereto agree as follows:

       Section 1.   DefinitionsSection 1.   Definitions.   The  following
  terms shall be defined in this Agreement:

       "Additional Provisions" means  the Additional  Provisions of  this
  Agreement as set forth in Schedule A attached hereto.

       "Amount Financed" means, with  respect to each Premium  Receivable
  Sold to  FPF,  an  amount  equal  to 100%  of  the  premium  and  other
  financeable amounts relating to the insurance policy that gives rise to
  the Premium Receivable less any down  payment made at the inception  of
  the Premium Finance Agreement.

       "Affiliate"  of  any  specified  Person  means  any  other  Person
  controlling  or  controlled  by  or  under  common  control  with  such
  specified Person.  For the purposes of this definition, "control"  when
  used with respect to any specified Person means the power to direct the
  management and policies of such Person, directly or indirectly, whether
  through the ownership of voting securities, by contract or otherwise.

       "Agent" means any Person licensed and qualified to sell or arrange
  for the sale of insurance in the state in which any Premium  Receivable
  is originated.

       "Agent Statement Unpaid  Balance" means the  amounts due from  any
  Agent as  shown on  the applicable  Agent statement  maintained by  the
  Servicer.
<PAGE>
        "Agreement"  means  this  Agreement  together with all schedules,
  and  all  amendments,  modifications,  replacements  or   substitutions
  thereto and together with all documents and instruments contemplated to
  be executed pursuant to this Agreement.

       "Business Day" means  any day that  is not a  Saturday, Sunday  or
  other day on which commercial banking institutions in Denver,  Colorado
  are authorized or obligated by law or executive order to be closed.

       "Cancelled Premium Receivable" means  each Premium Receivable  for
  which a request for cancellation has been sent to the Issuing Insurance
  Company, and for which a reinstatement notice has not been received  by
  the Servicer from such insurance company.

       "Capital  Charge"  means  the   charges,  if  any,  described   in
  Schedule A attached hereto.

       "Closing Fee"  means  the  fee described  in  Schedule A  attached
  hereto.

       "Collections" shall mean all amounts received daily by FPF, or the
  Servicer on behalf of FPF, on  all Premium Receivables Sold under  this
  Agreement including, but  not limited to:  (a) payments from  Obligors,
  (b) return of unearned commission  from agents, (c) return of  unearned
  premium from Issuing Insurance Companies, and (d) amounts received from
  a guaranty fund or other amounts paid  by or on behalf of the  Obligor,
  agent or  Issuing  Insurance  Company.   The  amounts  referred  to  as
  "Collections" shall exclude Obligor's down payment amounts,  correction
  amounts or amounts  not lawfully eligible  under applicable  law to  be
  applied to the payment of amounts due under the Premium Receivables.

       "Concentration Limits" means the Premium Receivable  concentration
  limits set forth in Schedule B attached hereto.

       "Conveyed Property" means  all of  the Seller's  right, title  and
  interest in, to and under the Premium Receivables Sold pursuant to this
  Agreement, all  related  Premium  Finance Agreements  and  all  related
  documents  including,  without  limitation,  all  loan  documents   and
  servicer documents, and all of the Seller's rights to any payment  from
  the Obligors and any and all rights against any Obligor with respect to
  such Premium Receivables, all collateral and guaranties with respect to
  such Premium Receivables, all other related rights and assets, and  all
  proceeds of the foregoing.

       "Default" shall have the meaning specified  in Section 16 of  this
  Agreement.

       "Default Rate" shall mean the annual rate of interest as set forth
  in Schedule A attached hereto.

       "Defaulted Premium  Receivable"  means (without  duplication)  any
  Premium Receivable which (a) has an amount due and unpaid for 180 days,
  or (b) is a Cancelled  Premium Receivable and  has an unpaid  principal
  balance after application of all expected unearned premium received  by
  or on behalf of the Issuing Insurance Company, or (c) has been  written
  off by the Servicer.
<PAGE>
       "Down Payment Requirement"  shall have  the meaning  set forth  in
  Schedule A attached hereto.

       "Effective Date" shall  have the meaning  set forth in  Schedule A
  attached hereto.

       "Eligible Insurance Company" means (a) an insurance company  which
  is licensed and in good standing to  do business in the state in  which
  the policy to  which a  Premium Receivable  relates is  issued by  such
  insurance company, (b) a joint underwriting organization,  intercompany
  insurance pool or  intercompany reinsurance pool  which is licensed  or
  otherwise permitted to do business in the state in which the policy  to
  which a Premium Receivable relates is issued by such joint underwriting
  organization or  intercompany insurance  pool, (c) a  foreign or  alien
  insurance company which is authorized or approved to issue insurance on
  a nonadmitted basis, through a licensed surplus or excess lines broker,
  in the state in which the policy to which a Premium Receivable  relates
  is issued by such foreign or alien insurance company.  No such  insurer
  may be an Eligible Insurance Company (i) if such insurer is the subject
  of a rehabilitation or liquidation proceeding  commenced by a state  or
  foreign insurance regulatory authority, or (ii) if such insurer is not,
  in the  judgment of  FPF,  a creditworthy  Person  which FPF  has  full
  expectations will  return,  on a  timely  basis, unearned  premiums  on
  Cancelled Premium Receivables.

       "Eligible Premium Receivable" has  the meaning defined in  Section
  11.

       "Endorsement Refunds"  means all  funds returned  by an  insurance
  company to the Seller or any other Person arising out of a reduction in
  the premium payable under an insurance  policy relating to a change  in
  the coverage thereof.

       "FPF Principal Balance"  means for any  day of determination,  the
  sum of  the  Up-front  Purchase  Price paid  by  FPF  for  the  Premium
  Receivables under this Agreement, less  the sum of (a) all  Collections
  received by FPF representing principal payments, and (b) the  principal
  amount of  repurchases  of  Premium Receivables  by  the  Seller  under
  Section 6 of this Agreement.

       "GAAP" means generally accepted  accounting principles applied  in
  the United States  of America  in effect from  time to  time which  are
  recognized by the American Institute of Certified Public Accountants.

       "Guarantor"  means   each   guarantor   of   Seller's   repurchase
  obligations as described  in Section 6(b) of  this Agreement listed  in
  Schedule A attached hereto, if any.

       "Independent  Public  Accountants"  means   any  firm  of   public
  accountants acceptable to FPF; provided, that such firm is  independent
  with respect to the Seller and FPF within the meaning of the Securities
  Act of 1933, as amended.

       "Issuing Insurance  Company" means,  with respect  to any  Premium
  Receivable, the  insurance company  which issued  the insurance  policy
  related to such Premium Receivable.
<PAGE>
       "Interest Rate" means the rate of interest set forth in Schedule A
  attached hereto.

       "Lien" means any statutory,  judicial, contractual or other  lien,
  security interest, encumbrance or claim of any kind.

       "Loss"  shall  mean   (i)  with  respect   to  Defaulted   Premium
  Receivables, an amount  equal to the  outstanding principal balance  on
  such Defaulted Premium Receivable, (ii) with respect to any  Repurchase
  Property not reacquired by  Seller, an amount  equal to the  Repurchase
  Price, and (iii)  with respect to  amounts due from  Agents, any  Agent
  Statement Unpaid Balance amount over sixty (60) days past due.

       "Loss Ratio" shall mean for any consecutive three month period the
  percentage resulting  from dividing  (a) Loss  incurred in  such  three
  month period by (b) the  average FPF Principal  Balance for such  three
  month period.

       "Loss  Ratio  Trigger"  shall  have  the  meaning  set  forth   in
  Schedule A attached hereto.

       "Material Adverse  Change" shall  mean  any material  and  adverse
  change, either  individually  or in  the  aggregate, in  the  business,
  prospects, management,  financial position,  results of  operations  or
  general condition of Seller or any  of its Affiliates as determined  by
  FPF in its reasonable discretion.

       "Maximum  Purchase  Commitment"  means  the  maximum   outstanding
  principal balance of the Eligible  Premium Receivables Sold under  this
  Agreement, at the  time of calculation,  not to exceed  the amount  set
  forth in Schedule A attached hereto.

       "Minimum Yield  Trigger"  shall  have the  meaning  set  forth  in
  Schedule A attached hereto.

       "Obligor" means, with  respect to any  Premium Finance  Agreement,
  the obligor or account debtor thereunder.

       "Person"  means  an  individual,  partnership,  limited  liability
  company, corporation (including a business trust), joint stock company,
  trust, unincorporated association, joint venture or other entity, or  a
  government or any political subdivision or agency thereof.

       "Premium Finance Agreement" means the premium finance agreement or
  agreements which evidence a Premium  Receivable in the form  prescribed
  under applicable law.  The Premium Finance Agreements shall be in  form
  and substance acceptable to FPF in its sole discretion.

       "Premium Receivable"  means  the  entire  interest  in  a  Premium
  Finance Agreement, all security interests relating thereto, all  moneys
  due or to  become due thereon  subsequent to the  Sale of such  Premium
  Receivable to FPF, all related Realization Provisions, and any  related
  documents and the proceeds of any and all of the foregoing.

       "Prohibited Agent" means  any Agent  that has  been identified  by
  written notice  from  FPF  to  the  Seller  as  being  prohibited  from
  producing insurance policies financed  by Premium Receivables that  are
  subject to purchase by FPF pursuant to this Agreement.
<PAGE>
       "Purchase Premium" means the portion of the Purchase Price as  set
  forth in Schedule A attached hereto.

       "Purchase Price" means  the price paid  by FPF  for each  Eligible
  Premium Receivable equal to the sum of the (a) Up-front Purchase  Price
  plus (b) the Purchase Premium.

       "Realization  Provisions"  means,  with  respect  to  any  Premium
  Receivable, collectively: (a) the security interest granted or assigned
  by an Obligor,  pursuant to  the terms  of the  documents creating  and
  evidencing the respective Premium Receivable  at the time of  execution
  thereof to the originator of such  Premium Receivable, in all  unearned
  premiums, dividends,  and  loss  payments  which  reduce  the  unearned
  premiums under  the respective  insurance policy  or policies,  (b) any
  interest arising under a state guaranty fund for all unearned  premiums
  from the  cancelled  policy  or  policies  in  the  event  the  Issuing
  Insurance  Company  becomes  insolvent,  (c) Endorsement  Refunds  with
  respect to such Premium Receivable,  (d) if applicable to such  Premium
  Receivable, all  broker  or  agent guarantee  agreements  with  respect
  thereto, and (e) if applicable to such Premium Receivable, any interest
  thereof in a cash collateral account  established with respect to  such
  Premium Receivable.

       "Required Documents"  means the  original signed  Premium  Finance
  Agreement (or  a facsimile  thereof in  the event  an original  is  not
  received by Seller), the signed power of attorney of the insured (if  a
  power of attorney signed by the insured is not included in the  Premium
  Finance Agreement), and  all other  documents necessary  for the  legal
  origination of the Premium Finance Agreement.

       "Repurchase Price" shall have the meaning set forth in  Schedule A
  attached hereto.

       "Repurchase  Property"   shall  have   the  meaning   defined   in
  Section 6(a).

       "Sale" or "Sell"  or "Sold"  means to  absolutely sell,  transfer,
  assign or otherwise convey property.

       "Servicer" means the servicer of the Premium Receivables described
  in Schedule C attached hereto.

       "Servicing  Agreement"  means  the  Premium  Receivable  Servicing
  Agreement in the form attached hereto in Schedule C

       "Servicing Fee" means the fee to be paid to the Servicer  pursuant
  to the Servicing Agreement.

       "Static Pool  Cancellation Rate"  means  the applicable  rate  set
  forth in Schedule A attached hereto.

       "Static Pool Cancellation Rate Trigger" shall have the meaning set
  forth in Schedule A attached hereto.
<PAGE>
       "Tangible Net Worth" shall mean the tangible net worth, determined
  in accordance with GAAP, to be  maintained by Seller in the amount  set
  forth in Schedule A attached hereto.   For purposes of this  definition
  (i) Tangible Net Worth may be in the form of common or preferred equity
  or  unsecured  debt,  the  terms  and  conditions  of  which  shall  be
  satisfactory to FPF in its  sole discretion ("Subordinated Debt"),  and
  (ii) tangible  assets used  to calculate  net worth  shall exclude  all
  intangible assets, goodwill and intercompany or Affiliate  indebtedness
  of any nature.

       "Term" means the term of this  Agreement as defined in  Schedule A
  attached hereto.

       "Termination Fee" means the fee to  be paid by Seller as  provided
  under Section  3 of  this  Agreement and  as  set forth  in  Schedule A
  attached hereto.

       "Up-front Purchase Price" means the portion of the Purchase  Price
  paid by  FPF  for a  Premium  Receivable  as set  forth  in  Schedule A
  attached hereto.

       Section 2.  Sale of Conveyed Property.Section 2.  Sale of Conveyed
  Property.

            (a)  During the Term  of this  Agreement, Seller  irrevocably
       agrees to  Sell to  FPF all  of the  Eligible Premium  Receivables
       originated, acquired or otherwise owned  by Seller and FPF  agrees
       to purchase up to  the amount of  the Maximum Purchase  Commitment
       all of Seller's  Eligible Premium Receivables  in accordance  with
       the terms and  conditions of this  Agreement.   Seller shall  Sell
       Eligible Premium Receivables to FPF no less frequently than weekly
       as originated, unless  otherwise agreed by  FPF in  writing.   The
       parties agree that FPF shall have the exclusive right, during  the
       Term  of  this  Agreement,   to  purchase  all  Eligible   Premium
       Receivables originated, acquired or otherwise owned by Seller.

            (b)  FPF's obligation  to  be  bound by  the  terms  of  this
       Agreement is subject to the satisfaction of each of the  following
       conditions by evidence in form  and substance satisfactory to  FPF
       in its reasonable discretion:

                 (i)  Seller shall  provide  evidence  that  it  has  the
            necessary authority and has secured any required consents  to
            execute and  deliver this  Agreement and  to enter  into  the
            transactions contemplated by  this Agreement, which  evidence
            shall include,  at a  minimum, good  standing certificate  of
            Seller and any  Guarantor (if not  an individual),  officers'
            certificates regarding (together with copies of) the articles
            and bylaws of  Seller (or other  organizational documents  as
            may be applicable) and  any amendments thereto, UCC  searches
            regarding the Seller, proof of Seller's license to  originate
            the Premium  Finance  Agreements,  the form  of  the  Premium
            Finance Agreements to be originated by Seller, and such other
            evidence as  FPF may  require  in its  reasonable  discretion
            including, without limitation,  any legal  opinions that  FPF
            may require regarding  Seller and Seller's  ability to  enter
            into and perform under this Agreement;
<PAGE>
                (ii)  FPF shall have completed  its due diligence of  the
            Seller  and  determined  that   the  findings  of  such   due
            diligence,  including  the  hardware  and  software  for  the
            Seller's data processing system, are acceptable to FPF in its
            sole discretion;

               (iii)  The Closing Fee has been paid in full by Seller  to
            FPF;

                (iv)  Seller shall have provided evidence that there  are
            no prior Liens or existing Uniform Commercial Code  financing
            Statements granting to any party  a security interest in  any
            of Seller's Premium Receivables  or other Conveyed  Property;
            and

                 (v)  Seller  shall   have   provided  to   FPF   Uniform
            Commercial Code financing  statements in  form and  substance
            acceptable to  FPF establishing  a first  priority  ownership
            interest in  favor  of  FPF in  the  Premium  Receivable  and
            related Conveyed Property.

            (c)  Each Sale of a  Premium Receivable hereunder is  subject
       to the satisfaction to FPF of each of the following conditions  at
       Seller's sole cost and expense:

                 (i)  All covenants and conditions of this Agreement have
            been complied with by Seller and no default (or event  which,
            with the passage of time or notice or both would constitute a
            default) exists hereunder or under the Servicing Agreement;

                (ii)  No Material Adverse Change has occurred;

               (iii)  Each  of  the  Loss  Ratio  Trigger,  Static   Pool
            Cancellation Rate Trigger, Minimum Yield Trigger and  Maximum
            Purchase Commitment shall not be exceeded;

                (iv)  The Concentration Limits established in Schedule  B
            with  respect  to   concentrations  with  Issuing   Insurance
            Companies, originators or Agents shall not be exceeded;

                 (v)  The Premium Receivables  shall be Eligible  Premium
            Receivables; provided, however,  that any Premium  Receivable
            Sold on the  Effective Date may  include Premium  Receivables
            with respect to which any payment has been due and unpaid for
            more than 30  days and for  which a  cancellation notice  has
            been delivered to  the Obligor and  to the Issuing  Insurance
            Company; and

                (vi)  Seller  shall  provide  such  additional  evidence,
            documents and instruments  as FPF may  reasonably request  to
            consummate the Sale  of the Conveyed  Property in  accordance
            with the terms and provisions of this Agreement.

            (d)  In connection with the  Sale of each Premium  Receivable
       hereunder,  Seller  shall  timely  deliver  to  FPF  the  Required
       Documents  relating  to  each  Premium  Finance  Agreement,  which
       delivery shall  be made  within twenty  (20) days  of receipt  and
       system entry by Servicer; and
<PAGE>
            (e)  The Sale of any Conveyed Property shall be effective (i)
       with respect to the Conveyed Property Sold to FPF on the Effective
       Date, upon delivery to FPF of an assignment in form and  substance
       acceptable to  FPF  or by  other  method  of transfer  as  may  be
       directed by FPF, and  (ii) with respect  to all Conveyed  Property
       Sold after the Effective Date, upon the origination by the  Seller
       of each  Premium  Finance Agreement  giving  rise to  the  Premium
       Receivable and  other  Conveyed  Property  without  the  need  for
       execution and delivery of  any further assignments or  instruments
       of transfer unless specifically requested in writing by FPF.   The
       Seller shall cooperate  with FPF and  the Servicer in  immediately
       supplying to the  Servicer the Premium  Receivable data needed  to
       enter the Premium  Receivables on the  Servicer's data  processing
       system.  All Sales shall be deemed to take place at the offices of
       FPF described on the  first page of this  Agreement or such  other
       location as Seller and FPF may agree in writing.

            (f)  Seller and FPF intend and  agree that each purchase  and
       Sale hereunder shall be treated as a true and absolute Sale of all
       of Seller's  right,  title  and interest  in,  to  and  under  the
       Conveyed Property  and  not  a transfer  intended  as  a  security
       interest.    However,  if,   notwithstanding  such  intention,   a
       determination is made by  a court or  other body with  appropriate
       jurisdiction over  the  matter that  such  transfer shall  not  be
       treated as  a true  and absolute  Sale,  this Agreement  shall  be
       deemed to  constitute a  security  agreement and  the  transaction
       effected hereby shall be deemed to constitute a secured financing,
       and Seller hereby pledges and grants to FPF a first priority  Lien
       on, and security interest in, to and under, all of Seller's right,
       title and interest in,  to and under  the Premium Receivables  and
       all other  related  Conveyed Property  as  collateral for  and  as
       security for all amounts paid and to  be paid by FPF to Seller  in
       connection with the Conveyed Property and for all amounts due  and
       owing and all obligations arising under this Agreement.

       Section 3.   Termination.Section 3.   Termination.   Seller  shall
  have the right to terminate this  Agreement upon sixty (60) days  prior
  written notice to FPF and payment to FPF of the Termination Fee.   Upon
  termination by Seller as provided herein, FPF shall continue to own all
  Premium Receivables acquired by FPF to the date of termination and  the
  Servicer shall service the portfolio of Conveyed Property in the normal
  course of its business and, in connection therewith, all provisions  of
  this Agreement or any Servicing Agreement with respect to such existing
  portfolio shall remain in full force  and effect and shall survive  the
  termination of this Agreement under this Section 3, including,  without
  limitation, the repurchase obligations of Seller or Guarantor  relating
  to such existing portfolio.
<PAGE>
       Section  4.    Purchase  Price  and  Payment  Terms  for  Conveyed
  Property/Right of Set-Off.Section 4.  Purchase Price and Payment  Terms
  for Conveyed  Property/Right of  Set-Off.   FPF  shall pay  Seller  the
  Purchase Price  for the  Conveyed Property  pursuant to  the terms  and
  conditions set forth in  this Agreement.   The Up-front Purchase  Price
  shall be  paid  to Seller  or  a third  party  acceptable to  FPF  upon
  satisfaction of the conditions set forth in Section 2(c).  The Purchase
  Premium, if any, shall be paid to Seller monthly in arrears, not  later
  than the eighth Business Day of each month.  FPF shall have a right  to
  off-set from such Purchase Price amounts due to Seller any amounts  due
  FPF from Seller  or Guarantor under  this Agreement including,  without
  limitation, any Repurchase Price  amounts due under  Section 6 and  any
  Agent Statement Unpaid Balance amounts.

       Section 5.  Notification of SaleSection 5.  Notification of  Sale.
   FPF shall send or cause to be sent  notice of the Sale of the  Premium
  Receivables to FPF, (i) to each Obligor to the effect that the  Premium
  Receivables have been Sold  to FPF and that  all payments with  respect
  thereto are required to  be made payable as  specified in such  notice,
  and (ii) to  each Issuing  Insurance Company  to  the effect  that  the
  Premium Receivables have been  Sold to FPF and  that all payments  with
  respect thereto are required to be paid to the Servicer as specified in
  such notice.  The Seller shall promptly respond to reasonable inquiries
  from FPF or third parties confirming the Sale of the Conveyed  Property
  hereunder.

       Section 6.  Repurchase of Conveyed Property.Section 6.  Repurchase
  of Conveyed Property.

            (a)  Not later than five (5) Business Days after notice  from
       FPF, Seller shall repurchase from FPF any Premium Receivables  and
       other related  Conveyed  Property (collectively,  the  "Repurchase
       Property") (i) that does not comply in all respects with  Seller's
       representations and  warranties described  in Section 11  of  this
       Agreement or (ii) for which the  Required Documents have not  been
       timely delivered to FPF.  The amount payable by Seller to FPF  for
       the Repurchase Property shall be equal  to the Repurchase Price.
       Upon its  receipt of  the Repurchase  Price, FPF  shall convey  to
       Seller all of  its right, title  and interest  in such  Repurchase
       Property on  an  "AS IS,  WHERE  IS" basis  without  recourse  and
       without any warranties,  written or oral,  express or implied,  of
       any kind  including,  but not  limited  to, warranties  of  TITLE;
       MERCHANTABILITY OR ABSENCE FROM LIENS.

            (b)  Each Guarantor (jointly and severally, if more than  one
       Guarantor) hereby agrees to repurchase (i) the Repurchase Property
       referred to in Section 6(a) upon  the failure of Seller to do  so,
       and (ii) any Premium Receivable originated in a fraudulent manner.
        Upon its receipt of  all of the amounts  due under this  Section,
       FPF shall convey to Guarantor all of its right, title and interest
       in such Repurchase Property on an "AS IS, WHERE IS" basis  without
       recourse and without any warranties,  written or oral, express  or
       implied, of any kind including, but not limited to, warranties  of
       TITLE; MERCHANTABILITY OR ABSENCE FROM LIENS.
<PAGE>
       Section 7.  Delivery to FPF of Proceeds; Power of Attorney.Section
  7.  Delivery to FPF of Proceeds; Power  of Attorney.  FPF shall be  the
  owner of  any  Conveyed  Property  including  any  proceeds  thereof.
  Following the Sale of  any Conveyed Property, if  any proceeds of  such
  Conveyed Property  are  received  by Seller,  Seller  shall  hold  such
  proceeds in trust for FPF separate and apart from its own property and,
  at its own cost,  immediately endorse (if  necessary) and deliver  such
  proceeds, as FPF directs.  Seller  hereby constitutes and appoints  FPF
  as its true and lawful attorney with  the power to endorse the name  of
  Seller upon any instrument or other document pertaining to the Conveyed
  Property and  any related  proceeds.   This power  is coupled  with  an
  interest and is irrevocable.

       Section 8.  Verification,  Notification and Collection of  Premium
  Receivables.Section 8.   Verification, Notification  and Collection  of
  Premium Receivables.  FPF  shall be entitled, in  its own or any  other
  name and in form determined by FPF, to contact any Obligor or any other
  Person and  verify the  payment of  or inquire  about any  other  issue
  pertaining to any Conveyed Property that has  been or is to be Sold  to
  FPF.  Upon the Sale of any Conveyed Property, FPF shall be entitled  to
  notify and, upon the request of FPF, Seller shall notify the  Obligors,
  insurance companies and any other Persons that FPF is the owner of such
  Conveyed Property and direct such Persons to pay FPF any amounts  owing
  with respect to such Conveyed Property.

       FPF, as the owner of the  Conveyed Property, shall be entitled  to
  amend, compromise,  modify,  release  or settle  the  indebtedness  and
  obligations of the Obligors with respect to the Conveyed Property  that
  is Sold to FPF hereunder, and to  take any legal action to collect  any
  amounts owing with  respect to such  Conveyed Property and  to take  or
  refrain from taking any additional action with respect to such Conveyed
  Property in good faith, without notice to or the consent of Seller  and
  without affecting any obligation of Seller to repurchase such  Conveyed
  Property as may be  required by FPF under  this Agreement.  Seller,  at
  its own cost, shall execute and  deliver to FPF any documents and  take
  any actions  deemed necessary  or desirable  by FPF  to assist  FPF  in
  exercising any right or remedy pertaining to the Conveyed Property.

       Section 9.  Financial Statements and Books and Records.Section  9.
   Financial Statements  and  Books  and  Records.    Seller  shall  keep
  accurate and complete  books and  financial records  pertaining to  the
  Conveyed Property in accordance with GAAP  and shall disclose the  Sale
  of any Conveyed Property to FPF and the respective date of such Sale in
  Seller's books and records.  FPF or its designated representative shall
  have the  right,  upon written  notice  to Seller  and  during  regular
  business hours, to inspect, audit and  copy Seller's books and  records
  relating to the Conveyed Property.

       Section   10.        Seller's    General    Representations    and
  Warranties.Section  10.      Seller's   General   Representations   and
  Warranties.   Seller hereby  represents and  warrants  to and  for  the
  benefit of FPF on the date of this Agreement and on any date of Sale of
  Premium Receivables hereunder that:
<PAGE>
            (a)  Seller is duly  organized and is  validly existing as  a
       corporation in good standing  under the laws of  the state of  its
       organization with full power and authority to execute and  deliver
       this Agreement  and  to Sell  the  Conveyed Property  to  FPF  and
       otherwise to perform the terms and provisions thereof;

            (b)  Seller is duly qualified to do business as a domestic or
       foreign business entity  in good  standing, and  has obtained  all
       required licenses and approvals, if  any, in all jurisdictions  in
       which the conduct  of its business  requires such  qualifications,
       and has  complied  with all  federal,  state and  local  laws  and
       regulations in  connection with  the  origination of  the  Premium
       Receivables and  the  Sale of  the  Conveyed Property  under  this
       Agreement;

            (c)  The execution and delivery  by Seller of this  Agreement
       and Seller's performance of the terms and conditions thereof  have
       been duly authorized  by all necessary  action of  Seller, do  not
       require any  approval or  consent of  any governmental  agency  or
       authority or any other  Person, and do not  and will not  conflict
       with or result in a breach or (with or without notice or lapse  of
       time)  a  default  under   any  agreement,  law  or   governmental
       regulation binding upon  or applicable to  Seller or the  Conveyed
       Property;

            (d)  No litigation or administrative proceeding of or  before
       any court, tribunal or governmental  body is presently pending  or
       threatened, against Seller or its  properties which have not  been
       previously disclosed in writing to FPF;

            (e)  This Agreement and any related documents to which Seller
       or any Guarantor is  a party constitute  valid, legal and  binding
       obligations of Seller and any such Guarantor, enforceable  against
       Seller and  any  such  Guarantor  in  accordance  with  the  terms
       thereof,   subject   to    applicable   bankruptcy,    insolvency,
       reorganization,  moratorium   and   other   laws   affecting   the
       enforcement  of  creditor's  rights   generally  and  to   general
       principles of equity,  regardless of whether  such enforcement  is
       considered in a proceeding in equity or at law;

            (f)  Seller does not have material liabilities or obligations
       other than those previously disclosed in writing to FPF;

            (g)  No  information,   certificate,  statement   or   report
       furnished by  or on  behalf  of Seller  or  any Guarantor  to  FPF
       contains any  untrue  statement of  a  material fact  or  omits  a
       material fact  necessary to  make such  information,  certificate,
       statement or report not misleading.  There is no fact peculiar  to
       Seller or  any  Affiliate of  Seller  or, to  its  knowledge,  any
       Conveyed Property or Obligor, which it has not disclosed to FPF in
       writing which could adversely  affect Seller's ability to  perform
       the transactions contemplated  by this Agreement  and any  related
       documents to which Seller is a party;
<PAGE>
            (h)  All tax returns required to be  filed by Seller, any  of
       its Affiliates, subsidiaries or any Guarantor in any  jurisdiction
       have in fact been filed, and all taxes, assessments, fees,  claims
       and other  governmental charges  upon  Seller, such  Affiliate  or
       subsidiary, such Guarantor or any of their respective  properties,
       income or franchises, shown to be due and payable on such  returns
       have been paid; provided, that  neither Seller nor such  Affiliate
       or subsidiary or Guarantor shall be  required to pay or  discharge
       any such  tax, assessment,  fee, claim  or other  charge which  is
       being contested in good faith and by proper proceedings and as  to
       which appropriate reserves are being maintained in accordance with
       GAAP.  To  the best of  Seller's knowledge, all  such tax  returns
       were true and correct and Seller does not know of any contemplated
       or proposed additional tax assessment against Seller or any of its
       subsidiaries in any material amount or of any basis therefor;

            (i)  The  provisions   for   taxes  on   Seller's   and   its
       subsidiaries' books are in accordance with GAAP;

            (j)  At the close  of any Sale  of Conveyed Property,  Seller
       had a positive Tangible Net Worth;

            (k)  The principal executive office  of Seller is located  at
       the address described on the first page of this Agreement, and has
       been located at such  address for a period  of not less than  four
       months  preceding  the  date  of  this  Agreement  or  since   its
       formation;

            (l)  "Hallmark Finance Corporation"  is the  only legal  name
       under which Seller is operating its business upon the execution of
       this Agreement.  Seller has not changed its name in the last three
       years (or such shorter period of  time during which Seller was  in
       existence) and does  not have  any other  trade names,  fictitious
       names, assumed names or "doing business as" names other than those
       that have been previously disclosed in writing to FPF;

            (m)  The transactions contemplated by  this Agreement are  in
       the ordinary  course of  Seller's business  and Seller  has  valid
       business reasons for selling the related Conveyed Property  rather
       than obtaining  a  secured  loan with  the  Conveyed  Property  as
       collateral.  At the time of each Sale: (i) Seller Sold the related
       Conveyed Property to FPF  without any intent  to hinder, delay  or
       defraud any current or future creditor of Seller; (ii) Seller  was
       not insolvent or did not become insolvent as a result of any Sale;
       (iii) Seller was not engaged  and was not about  to engage in  any
       business or  transaction for  which  any property  remaining  with
       Seller would constitute  unreasonably small capital  or for  which
       the remaining assets of Seller are unreasonably small in  relation
       to the business of Seller or the transaction; (iv) Seller did  not
       intend to incur, and did not believe or reasonably should not have
       believed, that it would incur, debts beyond its ability to pay  as
       they become due; and (v) the consideration  paid by FPF to  Seller
       for the Conveyed Property was equivalent to the fair market  value
       of such Conveyed Property;

            (n)  No  Material  Adverse  Change  has  occurred  since  the
       previous Sale of Conveyed Property;
<PAGE>
            (o)  Each Sale  of  Conveyed Property  contemplated  by  this
       Agreement and any  related documents constitutes  a true sale  and
       not a pledge of collateral in connection with a financing and such
       Conveyed Property shall not be part  of Seller's property for  any
       purpose under state or federal law;

            (p)  Each Sale of Conveyed  Property (including all  payments
       due or  to  become due  thereunder)  by Seller  pursuant  to  this
       Agreement to the best of Seller's knowledge is not subject to  and
       will not result in any tax, fee or governmental charge payable  by
       Seller or FPF to any federal, state or local government;

            (q)  The consideration to be  received by Seller in  exchange
       for each Sale of Conveyed Property (including the right to receive
       all  payments  due  or  to  become  due  thereunder)  (i) is  fair
       consideration having value equivalent to or in excess of the  fair
       market value of the Conveyed Property and, except with respect  to
       the Purchase Premium  (ii) is or will  be paid in  full to  Seller
       upon the consummation of each Sale thereof, and (iii) no provision
       exists whereby the consideration will  be modified after the  date
       of such Sale; and

            (r)  Any drafts  provided  by FPF  to  Seller shall  be  used
       exclusively for the  purchase of Eligible  Premium Receivables  in
       accordance with the terms  and conditions for  use of such  drafts
       that may be provided to Seller by FPF from time to time.

       The foregoing representations and  warranties shall be  continuing
  in nature and shall survive the termination of this Agreement.

       Section 11.  Seller's Representations and Warranties With  Respect
  to the  Conveyed Property.Section  11.   Seller's  Representations  and
  Warranties With Respect to  the Conveyed Property.   Upon each Sale  of
  Conveyed Property, each Premium Receivable Sold  to FPF shall have  all
  of the following characteristics as of  the date of Sale (such  Premium
  Receivables having all  of such  characteristics shall  be referred  to
  herein as "Eligible Premium Receivables"):

            (a)  Each Premium Receivable  represents the genuine,  legal,
       valid and binding  payment obligation  in writing  of the  Obligor
       thereon, enforceable by the holder thereof in accordance with  its
       terms;

            (b)  Each Premium Receivable arises  under a Premium  Finance
       Agreement which contains customary and enforceable provisions such
       that the rights and remedies of the holder thereof are adequate to
       enforce the Realization Provisions;

            (c)  Each  Premium   Receivable  is   not  subject   to   any
       proceedings or investigations  pending or  threatened, before  any
       court,   regulatory   body,   administrative   agency   or   other
       governmental instrumentality  having jurisdiction  over Seller  or
       its properties:  (i) asserting  the  invalidity  of  such  Premium
       Receivable;  (ii) seeking  to  prevent  the  enforcement  of  such
       Premium Receivable; or (iii) seeking  any determination or  ruling
       that may adversely affect the payment on or enforceability of such
       Premium Receivable;
<PAGE>
            (d)  Each Premium Receivable was originated in a state  where
       Seller is licensed (if required to be licensed) to do business  as
       an insurance premium finance company;

            (e)  Each Premium Receivable  does not  (and did  not at  the
       time of origination) contravene any federal, state or local  laws,
       rules or regulations applicable thereto or contract between Seller
       and FPF applicable thereto, and no  party to any such contract  is
       in contravention of any such law, rule or regulation;

            (f)  Each Premium  Receivable was  originated in  the  United
       States of America by  Seller or purchased  by Seller from  another
       premium  finance  company  in  the  ordinary  course  of  Seller's
       business  of   financing   insurance  premiums   written   through
       independent insurance agents  and brokers  or insurance  companies
       directly,  in  either  case,   through  the  application  of   and
       consistent with Seller's standard procedures in a fashion not less
       stringent taken as  a whole than  those other Premium  Receivables
       owned by Seller;

            (g)  Each Premium Receivable is payable in U.S. Dollars by an
       Obligor who at time  of policy origination  is located within  the
       United States of America;

            (h)  Each  Premium  Receivable  is  evidenced  by  only   one
       original contract, in  the form  of a  Premium Finance  Agreement,
       properly completed and executed without variations, with  notation
       of the  Sale  to  FPF, on  or  before  the Sale  of  such  Premium
       Receivable;

            (i)  Each  Premium  Receivable  provides,  according  to  its
       original or  modified terms,  that the  amount payable  thereunder
       will be  paid in  consecutive equal  monthly payments  that  fully
       amortize such Premium  Receivable by  its stated  terms and  which
       amount will  be paid  in a  maximum of  eleven (11)  payments  (if
       financing an annual policy),  and a maximum  of five (5)  payments
       (if financing a six-month policy) with  the first payment due  not
       later than 31  days following the  inception date  of the  related
       insurance policy;

            (j)  Each Premium Receivable relates  to an insurance  policy
       issued by an Eligible Insurance Company;

            (k)  Each Premium Receivable relates  to an insurance  policy
       for which the insured has paid  a down payment amount of not  less
       than the Down Payment Requirement;

            (l)  Each Premium Receivable is evidenced by proof of payment
       to the Issuing Insurance Company  or its designated general  Agent
       equal to an amount not less than the original principal amount  of
       such Premium Receivable and the related down payment due under the
       Premium Finance Agreement has been paid  in full by, or on  behalf
       of, the related Obligor;
<PAGE>
            (m)  The information  and  related  documents  regarding  the
       Premium Receivables being Sold to FPF  is true and correct in  all
       material respects as  of the opening  of business on  the date  of
       Sale and no  selection procedures believed  to be  adverse to  FPF
       have been  utilized  in  selecting  the  Premium  Receivables  for
       inclusion therein;

            (n)  Except for  Premium Receivables  Sold on  the  Effective
       Date, no Premium Receivable  or related Premium Finance  Agreement
       has been satisfied, cancelled or is more than 30 days past due  or
       is  subject  to  a  right  of  rescission,  setoff,  counterclaim,
       subordination, recoupment or  defense which has  been asserted  or
       threatened with respect  to such Premium  Receivable nor have  the
       Realization  Provisions  securing  such  Premium  Receivable  been
       released from the Lien granted by the Obligor;

            (o)  Except for assignments  or pledges to  lenders who  have
       provided financing  to Seller  and which  assignments and  pledges
       have been released prior to the Sale of the Premium Receivables to
       FPF, no Premium Receivable has been  Sold or pledged by Seller  to
       any  Person  other  than  FPF;  immediately  prior  to  any   Sale
       contemplated by  this  Agreement  Seller had  good  title  to  the
       Premium Receivable sold to  FPF free and clear  of all Liens  and,
       immediately upon any Sale of the Premium Receivables  contemplated
       by this  Agreement,  FPF  will have  good  title  to  the  Premium
       Receivables Sold to FPF free and clear of all Liens;

            (p)  No Premium Receivable has terms which have been extended
       or  modified  other  than   through  the  customary  process   and
       procedures of Seller, the originals of which have been included in
       the Premium Finance Agreement loan documents delivered to FPF;

            (q)  No Premium Receivable has any Liens or claims which have
       been filed or claims that would be Liens prior to or equal to  the
       Realization Provisions  granted by  the Obligor  pursuant to  such
       Premium Receivable;

            (r)  At the  time of  Sale of  any Premium  Receivable  which
       finances a  commercial  line  insurance policy,  to  the  best  of
       Seller's knowledge,  the  Obligor  with respect  to  such  Premium
       Receivable  is  not  subject  to  any  bankruptcy  or   insolvency
       proceeding;

            (s)  No Premium  Receivable relates  to an  insurance  policy
       which is deemed fully earned in the case of a claim;

            (t)  No  Premium  Receivable   has  been   originated  by   a
       Prohibited Agent; and

            (u)  No Premium  Receivable has  been originated  in, nor  is
       subject to the laws of, any  jurisdiction under which the Sale  of
       such Premium Receivable would be unlawful, void or voidable.

       The foregoing and any  additional representations, warranties  and
  covenants contained in this Agreement shall be continuing in nature and
  shall survive the termination of this Agreement.
<PAGE>
       Section  12.    Additional   Covenants  of  Seller.Section  12.
  Additional Covenants of Seller.  During the Term of this Agreement,

            (a)  Seller shall at its expense cause all Uniform Commercial
       Code termination  statements, satisfactions,  releases or  partial
       releases, as  the  case may  be,  with  respect to  Liens  on  the
       Conveyed Property to be filed on the date of Sale of the  Conveyed
       Property.

            (b)  Seller shall cause all Uniform Commercial Code financing
       statements,  continuation  statements  and  any  other  documents,
       reasonably requested  by FPF,  establishing the  right, title  and
       interest of  FPF,  to  and under  the  Conveyed  Property,  to  be
       promptly executed and filed by Seller, and shall deliver to FPF or
       its designee file-stamped, complete copies of, or filing  receipts
       for, any document recorded, registered or filed as provided above,
       as soon as available but in  any event not later than thirty  (30)
       days following such recordation, registration or filing.

            (c)  At least thirty  (30) days  prior to  Seller making  any
       change in  its name,  identity or  organizational structure  which
       would make  any  termination  statement,  financing  statement  or
       continuation statement filed by FPF or Seller seriously misleading
       within the applicable provisions of the Uniform Commercial Code or
       any title statute, Seller shall give FPF notice of any such change
       and shall execute and file such financing statements or amendments
       as may be necessary or reasonably required by FPF to continue  the
       perfection of  the respective  interests of  FPF in  the  Conveyed
       Property.

            (d)  Except for the Sale to FPF of the Conveyed Property  and
       Liens granted or caused by FPF  in such Conveyed Property,  Seller
       shall not Sell  to any other  Person, or grant,  incur, assume  or
       suffer to  exist any  Lien on  such Conveyed  Property or  on  any
       interest therein, and  Seller shall  defend the  right, title  and
       interest of FPF in,  to and under  such Conveyed Property  against
       all claims of third parties claiming through or under Seller.

            (e)  Seller shall not impair FPF's right, title and  interest
       in, to and under any of the Conveyed Property.

            (f)  Seller shall  maintain Tangible  Net Worth  of not  less
       than the amount set forth in Schedule A attached hereto.

            (g)  Seller shall furnish to FPF:

                 (i)  within forty-five (45) days  after the end of  each
            of the first three fiscal quarters of Seller (commencing with
            the first fiscal  quarter ending  after the  date hereof)  an
            unaudited balance  sheet and  income statement  (prepared  in
            accordance with GAAP without  accompanying notes) for  Seller
            and its subsidiaries covering the preceding quarter, in  each
            case  certified  by  the  president  or  principal  financial
            officer of Seller to be true, accurate and complete copies of
            such financial statements;
<PAGE>
                (ii)  within ninety (90)  days  after  the  end  of  each
            fiscal year  of Seller  beginning at  the  end of  the  first
            fiscal year after  the date hereof  an audited balance  sheet
            and income statement (prepared  in accordance with GAAP)  for
            Seller and  its subsidiaries  covering the  preceding  fiscal
            year;

               (iii)  such other information respecting the condition  or
            operations, financial  or otherwise,  of Seller,  any of  its
            subsidiaries and any Guarantor as FPF  may from time to  time
            reasonably request; and

                (iv)  prompt notice to  FPF (but  in no  event more  than
            three (3) Business  Days following) of  any Material  Adverse
            Change.

            (h)  Seller shall provide prompt written notice to FPF if:

                 (i)  Seller ceases to be  managed and controlled by  the
            Person or Persons  who manage and  control Seller  as of  the
            date of this Agreement;

                (ii)  any   such   Person   which   is   a   corporation,
            partnership, trust or other entity is dissolved or liquidated
            or merged with or into any other Person or for any period  of
            more than ten (10) days ceases  to exist in its present  form
            and (where applicable)  in good standing  and duly  qualified
            under the laws  of the jurisdiction  of its incorporation  or
            formation and  any jurisdiction  in  which such  standing  or
            qualification is necessary  or advisable  in connection  with
            the conduct of business; or

               (iii)  Seller consummates a sale  of all or  substantially
            all of its assets, except for  the Sale of Conveyed  Property
            by Seller  to  FPF  under  this  Agreement  and  any  related
            documents.

            (i)  Seller shall not  dissolve or liquidate  in whole or  in
       part.

            (j)  Seller shall not  voluntarily institute any  proceedings
       to  adjudicate  Seller  or  any  of  its  Affiliates  bankrupt  or
       insolvent, consent to the institution of bankruptcy or  insolvency
       proceedings against  Seller  or  any of  its  Affiliates,  file  a
       petition seeking or consenting  to reorganization or relief  under
       any applicable  federal  or  state  law  relating  to  bankruptcy,
       consent to the  appointment of a  receiver, liquidator,  assignee,
       trustee (or  other  similar official)  of  Seller or  any  of  its
       Affiliates or a substantial part of its or their property or admit
       its or their inability to pay its or their debts generally as they
       become due or authorize any of  the foregoing to be done or  taken
       on behalf of Seller or any of its Affiliates.

            (k)  Seller shall  maintain at  its  own expense,  a  blanket
       fidelity bond or an errors and omissions insurance policy, in form
       and content and in amounts acceptable to FPF and naming FPF as  an
       additional loss payee or beneficiary thereunder.
<PAGE>
            (l)  Seller shall comply with  all Additional Provisions  set
       forth in Schedule A, if any.

       Section 13.  Taxes.Section 13.  Taxes.  Seller shall pay when  due
  all present  and  future  income  taxes,  withholding  taxes,  worker's
  compensation premiums, sales taxes,  use taxes, excise taxes,  personal
  property taxes  and all  assessments and  other  amounts levied  by  or
  required to be paid to any governmental or quasi-governmental authority
  and pertaining to Seller,  its business operations,  its assets or  the
  Conveyed Property (except for FPF's income taxes) and provide FPF  with
  written proof of such payment upon the request of the latter party.

       Section    14.        Further    Assurances    and     Substituted
  Performance.Section   14.      Further   Assurances   and   Substituted
  Performance.  Seller shall  take or cause any  third party to take  any
  actions and execute or cause any third party to execute any  additional
  documents (including,  but  not  limited to,  Uniform  Commercial  Code
  filings) deemed necessary or desirable by  FPF to carry out the  intent
  or purposes of this Agreement and any related documents.  FPF shall  be
  entitled, but not required, to take any action and execute any document
  that was required  to be, but  not, taken or  executed by Seller  under
  this Agreement and any related documents.   This power is coupled  with
  an interest and is  irrevocable.  Upon  demand, Seller shall  reimburse
  FPF for any amounts, attorneys' fees, expenses and costs paid by FPF in
  connection with  such actions  together with  interest thereon  at  the
  Interest Rate from the date of payment until the date of reimbursement.
   No action taken by FPF shall be deemed to relieve Seller's  obligation
  to take such action or cure Seller's default under this Agreement.

       Section 15.  Indemnification.Section 15.  Indemnification.  Seller
  shall indemnify  and hold  FPF and  its  Affiliates harmless  from  all
  claims,  defenses,  offsets,   counterclaims,  loss,  costs,   damages,
  liabilities, causes of  action, actions and  suits (including, but  not
  limited  to,  attorneys'  fees,   expenses  and  costs)  arising   from
  (i) Seller's  breach  of  any  representation,  warranty  or   covenant
  contained  in  this  Agreement  or  any  related  documents,   (ii) the
  unauthorized use of drafts provided by FPF to Seller for the funding of
  Premium  Finance  Agreements,  or  (iii) the  failure  of  the  Premium
  Receivables Sold  hereunder to  be originated  in compliance  with  all
  requirements of law.  These indemnity provisions are in addition to any
  other obligations  that the  Seller may  otherwise have  hereunder  and
  shall survive the termination of this Agreement.

       Section 16.  Default.Section 16.  Default.  Seller shall be deemed
  in default (a "Default")  under this Agreement  upon the occurrence  of
  any one or more of the following:

            (a)  Seller fails to pay  any indebtedness, fails to  perform
       any  obligation,  or  breaches  any  covenant,  representation  or
       warranty (other than  a breach of  any representation or  warranty
       under Section 11 of  this Agreement) to  FPF under this  Agreement
       and/or any  related  documents and  any  other present  or  future
       agreement with FPF;
<PAGE>
            (b)  Seller breaches any representation or warranty by Seller
       under Section 11 of this Agreement pertaining to Conveyed Property
       and Seller fails to repurchase such Conveyed Property within  five
       (5) Business Days from the date of written notification by FPF  of
       such breach in accordance with the terms and conditions of Section
       6 of this Agreement;

            (c)  Seller permits the entry or service of any  garnishment,
       judgment, tax levy, attachment  or lien against it  or any of  its
       property;

            (d)  Seller or any Guarantor  becomes insolvent or unable  to
       pay its debts in a timely manner;

            (e)  Seller or any Guarantor  makes a general assignment  for
       the benefit of its creditors, a  receiver or trustee is  appointed
       for all  or  a  substantial portion  of  Seller's  or  Guarantor's
       respective assets,  or a  bankruptcy, insolvency,  liquidation  or
       reorganization proceeding  is commenced  by or  against Seller  or
       Guarantor in any state or federal court;

            (f)  Seller challenges the validity of  the true Sale of  the
       Premium  Receivables  hereunder  or  the  priority,  validity   or
       enforceability of any ownership interest granted by Seller in  the
       Conveyed Property to FPF;

            (g)  Seller ceases to operate  its business, or is  dissolved
       or terminated for any reason;

            (h)  Any Guarantor dies or any Guarantor fails to perform any
       obligation to FPF under this Agreement or challenges the  validity
       of its guaranty provision of this  Agreement or provides FPF  with
       notice of its intent to terminate  any guaranty provision of  this
       Agreement to FPF  or its  future obligations  under such  guaranty
       provisions for any reason; or

            (i)  Following 30 days written notice to Seller that FPF,  in
       good faith, believes that Seller's  or any Guarantor's ability  to
       pay and perform any of the obligations described in this Agreement
       or any  related documents  is or  shall be  impaired or  otherwise
       deems itself  insecure  for any  reason  and such  written  notice
       specifies the basis of its determination.

            (j)  An event of default by the Servicer under the provisions
       of the Servicing Agreement.

       Section 17.   Remedies.Section 17.   Remedies.   In  the event  of
  Seller's default under this Agreement, FPF may exercise one or more  of
  the following cumulative remedies without notice or demand of any kind:

            (a)  terminate immediately any  of its remaining  obligations
       under this Agreement;

            (b)  collect all amounts  due from Seller  to FPF under  this
       Agreement or any other  agreement, together with interest  thereon
       at the Default Rate until paid, with or without resorting to legal
       process;
<PAGE>
            (c)  in the event FPF terminates this Agreement, collect,  in
       addition to the amounts set forth in (b) above, liquidated damages
       in the  amount  of  the maximum  Termination  Fee  that  would  be
       collectible in the event of termination hereunder, it being agreed
       by the parties  that damages would  be difficult  to assess  under
       this  Agreement  and  that  liquidated  damages  in  addition   to
       collection of the amounts set forth  in (b) above shall be due  to
       FPF to compensate FPF for the  default by Seller or any  Guarantor
       and the termination of this Agreement by FPF as a result thereof;

            (d)  change Seller's mailing  address, and as  it relates  to
       the Conveyed Properly only,  open Seller's mail, endorse  Seller's
       name on  checks,  bills  of exchange,  notes,  acceptances,  money
       orders, drafts or other documents or  forms of payment and  retain
       any proceeds of the Conveyed Property;

            (e)  terminate any Servicing Agreement or lock box  agreement
       pertaining to the Conveyed Property and change such servicers  and
       lock box arrangements;

            (f)  notify Obligors to make  payment on Premium  Receivables
       Sold under this Agreement to FPF or its designee;

            (g)  enter Seller or any  Affiliate's premises during  normal
       business hours and take possession of any Conveyed Property;

            (h)  require Seller,  at its  expense,  to deliver  and  make
       available to FPF  any Conveyed  Property Sold  to FPF  at a  place
       reasonably convenient to FPF;

            (i)  commence a  suit for  the turnover  or replevin  of  the
       Conveyed Property;

            (j)  collect, compromise, settle,  sell or otherwise  dispose
       of any Conveyed Property that Seller was required to, but did not,
       repurchase from FPF;

            (k)  set-off Seller's and  any Guarantor's obligations  owing
       to FPF under  this Agreement, any  other written  agreement or  by
       operation of law against any amounts  owed by FPF to such  Persons
       under this  Agreement  or  any  related  documents,  respectively,
       including, but  not  limited  to, moneys,  instruments  and  other
       property deposited or maintained with FPF  or any third party  for
       the benefit of FPF; and

            (l)  exercise all  other rights  available to  FPF under  any
       other present or future agreement or applicable law.

       FPF's rights  and remedies  are cumulative  and may  be  exercised
  together, separately and in any order.
<PAGE>
       Section 18.  Waiver.Section 18.  Waiver.  FPF shall not be  deemed
  to have waived any right or  remedy described in this Agreement  unless
  FPF has executed and delivered to  Seller a written waiver thereof.   A
  waiver of a right or remedy on one  occasion shall not act as a  waiver
  of that or any  other right or  remedy on a  future occasion.   Without
  limiting the foregoing, FPF's delay in  exercising any right or  remedy
  shall not constitute  a waiver  of that or  any other  right or  remedy
  described in this Agreement.

       Section    19.         Counterparts/Facsimiles.Section    19.
  Counterparts/Facsimiles.  This Agreement  may be executed by  facsimile
  signature and in  one or more  counterparts, each of  which when  taken
  together shall constitute one complete Agreement.

       Section 20.  Essence of TimeSection 20.  Essence of Time.   Seller
  and FPF agree that time is of the essence.

       Section 21.   AssignmentSection  21.   Assignment.   FPF shall  be
  entitled to assign or grant a Lien on its interests hereunder, and  the
  obligations, rights and remedies under this Agreement to any Person  in
  its sole discretion.   Such Persons shall be  deemed to be third  party
  beneficiaries hereunder and shall be entitled to rely on the provisions
  hereof for  the  benefit  of FPF  including,  without  limitation,  the
  indemnification provisions of Section 15.  Any assignee or designee  of
  FPF shall  be entitled  to enforce  the  provisions of  this  Agreement
  against Seller.  Notwithstanding any such assignment, no assignment  by
  FPF hereunder shall relieve FPF of its obligations to Seller hereunder.
  Seller shall not be entitled to assign or grant a security interest  in
  any of its obligations, rights or remedies under this Agreement to  any
  Person without the prior  written consent of FPF,  or its assignees  or
  designees, which consent may be withheld in the sole discretion of FPF.
   No person shall be deemed a third party beneficiary of Seller.

       Section 22.  Standard of CareSection  22.  Standard of Care.   FPF
  shall not be liable to Seller for any action taken or not taken by  FPF
  in good faith  in connection  with this Agreement.   FPF  shall not  be
  deemed a fiduciary of Seller or be required to perform any of  Seller's
  obligations to FPF or any third party under any circumstances.

       Section 23.  Costs and Expenses/Attorneys Fees.Section 23.   Costs
  and Expenses/Attorneys Fees.

            (a)  Seller shall pay all costs and expenses incident to  the
       performance of its obligations under this Agreement;

            (b)  Seller shall pay on  demand FPF's reasonable  attorneys'
       fees and other costs and expenses incurred before trial, at  trial
       and on appeal  in the enforcement  (whether through  negotiations,
       legal proceedings  or  otherwise)  of  this  Agreement,  including
       without  limitation,  all  costs,  expenses  and  attorneys   fees
       incurred by FPF  in connection with  any bankruptcy or  insolvency
       proceeding involving the Seller.
<PAGE>
       Section 24.  Notices.Section 24.  Notices.  All notices, requests,
  consents and other  communications hereunder  shall be  in writing  and
  shall be delivered personally or  mailed by first-class registered  and
  certified  mail,   postage   prepaid,  or   by   telephonic   facsimile
  transmission, electronic mail  or overnight  delivery service,  postage
  prepaid, to  the  parties at  the  following addresses  or  such  other
  addresses that they may  provide each other with  written notice of  in
  the future:

       If to Seller:     Hallmark Finance Corporation
                         14651 Dallas Parkway, Suite 900
                         Dallas, TX  75240
                         Attn:     Linda Sleeper
                         Facsimile: (972) 788-0520

       If to FPF, Inc.:  600 Seventeenth Street, Suite 1900S
                         Denver, Colorado 80202
                         Attn: President
                         Facsimile: (303) 571-1811

  Such notices shall  be effective  upon the  earlier of  (i) receipt  or
  (ii) two (2) Business  Days after the  confirmed delivery by  overnight
  delivery service.

       Section 25.   Successors and Assigns.Section  25.  Successors  and
  Assigns.  Except as provided in Section 21 hereof limiting  assignments
  by Seller, this Agreement shall inure to the benefit of and be  binding
  upon the successors, assigns,  trustees, receivers, heirs and  personal
  representatives of the parties hereto.

       Section 26.   Severability.Section 26.   Severability.  Any  part,
  provision, agreement,  representation,  warranty or  covenant  of  this
  Agreement which is prohibited or unenforceable or is held to be void or
  unenforceable in any  jurisdiction shall, as  to such jurisdiction,  be
  ineffective to  the  extent  of such  prohibition  or  unenforceability
  without invalidating  the remaining  provisions  hereof, and  any  such
  prohibition  or  unenforceability   in  any   jurisdiction  shall   not
  invalidate  or  render  unenforceable  such  provision  in  any   other
  jurisdiction.  To the extent permitted  by applicable law, the  parties
  waive  any  provision  of  law  which  prohibits  or  renders  void  or
  unenforceable any provision  hereof.  If  the invalidity  of any  part,
  provision, agreement,  representation,  warranty or  covenant  of  this
  Agreement shall deprive any party of  the economic benefit intended  to
  be conferred by  this Agreement, the  parties shall  negotiate in  good
  faith to develop a structure the economic effect of which is as  nearly
  as possible  the  same  as the  economic  effect  of  the  transactions
  contemplated hereunder without regard to such invalidity.

       Section 27.  Force  Majeure.Section 27.   Force Majeure.   Neither
  party shall be liable  for damages due to  delay or failure to  perform
  any obligation under this  Agreement if such  delay or failure  results
  directly or indirectly  from circumstances beyond  the control of  such
  party.  Such circumstances shall include, but shall not be limited  to,
  acts of God, acts of war,  civil commotions, riots, strikes,  lockouts,
  acts of the government, disruption of telecommunications  transmissions
  accident, fire,  water  damages,  flood, earthquake  or  other  natural
  catastrophes.
<PAGE>
       Section 28.   Governing  Law.Section 28.    Governing Law.    THIS
  AGREEMENT AND ANY RELATED DOCUMENTS SHALL BE GOVERNED BY AND  CONSTRUED
  IN ACCORDANCE  WITH  THE SUBSTANTIVE  LAWS  OF THE  STATE  OF  COLORADO
  WITHOUT REGARD TO CONFLICT OF LAW PROVISIONS.

       Section 29.   Jurisdiction and Waiver  of Certain  Damages.Section
  29.  Jurisdiction and  Waiver of Certain Damages.   THE PARTIES  HERETO
  HEREBY IRREVOCABLY SUBMIT TO THE  EXCLUSIVE JURISDICTION OF THE  COURTS
  OF THE  STATE OF  COLORADO  AND THE  UNITED  STATES DISTRICT  COURT  OF
  COLORADO IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS
  AGREEMENT AND THE PARTIES HEREBY IRREVOCABLY  AGREE THAT ALL CLAIMS  IN
  RESPECT OF SUCH  ACTION OR PROCEEDING  MAY BE HEARD  AND DETERMINED  IN
  SUCH COURTS.   THE  PARTIES HEREBY  IRREVOCABLY WAIVE,  TO THE  FULLEST
  EXTENT IT MAY EFFECTIVELY DO SO,  THE DEFENSE OF AN INCONVENIENT  FORUM
  TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING AND IRREVOCABLY CONSENT
  TO THE SERVICE OF  ANY SUMMONS AND COMPLAINT  AND ANY OTHER PROCESS  BY
  THE MAILING  OF COPIES  OF SUCH  PROCESS TO  THEM AT  THEIR  RESPECTIVE
  ADDRESSES AS SPECIFIED  IN THIS AGREEMENT.   THE  PARTIES HEREBY  AGREE
  THAT A  FINAL  JUDGMENT IN  ANY  SUCH  ACTION OR  PROCEEDING  SHALL  BE
  CONCLUSIVE AND MAY BE  ENFORCED IN OTHER JURISDICTIONS  BY SUIT ON  THE
  JUDGMENT OR  IN ANY  OTHER MANNER  PROVIDED BY  LAW.   NOTHING IN  THIS
  SECTION SHALL AFFECT  THE RIGHT OF  FPF TO SERVE  LEGAL PROCESS IN  ANY
  OTHER MANNER  PERMITTED  BY LAW  OR  PRECLUDE THE  ENFORCEMENT  OF  ANY
  JUDGMENT OR ORDER OBTAINED  IN SUCH FORUM OR  THE TAKING OF ANY  ACTION
  UNDER THIS AGREEMENT TO ENFORCE SAME IN ANY OTHER APPROPRIATE FORUM  OR
  JURISDICTION.  NOTWITHSTANDING ANYTHING CONTAINED IN THIS AGREEMENT  TO
  THE CONTRARY, NO CLAIM MAY BE MADE BY THE SELLER AGAINST FPF OR ANY  OF
  ITS AFFILIATES  FOR  ANY LOST  PROFITS,  OR ANY  SPECIAL,  INDIRECT  OR
  CONSEQUENTIAL DAMAGES  IN RESPECT  TO ANY  BREACH OR  WRONGFUL  CONDUCT
  (OTHER THAN WILLFUL MISCONDUCT CONSTITUTING FRAUD) ARISING OUT OF OR IN
  ANY WAY RELATED TO THE TRANSACTIONS CONTEMPLATED HEREUNDER.

       Section 30.  Entire Agreement.Section 30.  Entire Agreement.  This
  Agreement (including any Servicing Agreement  between Seller and FPF  )
  contains  the  complete  and  integrated  understanding  and  agreement
  between the parties and their  respective Affiliates pertaining to  the
  subject  matter  hereof,  and  all  other  prior  and   contemporaneous
  discussions, negotiations, agreements and proposal letters, written  or
  oral, express or implied shall be of no force and effect.

       Section 31.   Waiver of Jury  Trial.  EACH  OF THE PARTIES  HEREBY
  IRREVOCABLY WAIVES  ALL  RIGHT  TO  A TRIAL  BY  JURY  IN  ANY  ACTION,
  PROCEEDING  OR  COUNTERCLAIM  ARISING  OUT  OF  OR  RELATING  TO   THIS
  AGREEMENT.

                      [SIGNATURE PAGE FOLLOWS]

<PAGE>
       IN WITNESS WHEREOF,  the undersigned duly  authorized officers  of
  the parties have  executed this Agreement  as of the  day first  stated
  above.

                                SELLER:

                                By
                                Name:
                                Title:

                                FPF, INC.

                                By
                                Name: Bruce I. Lundy
                                Title: President

  AGREED TO WITH RESPECT TO SECTION 6(b):

  __________________________________
  Hallmark Financial Services, Inc

  By: ______________________________
  Name:____________________________
  Title:_____________________________

<PAGE>
                               SCHEDULE A

       This Schedule A forms a part of the Sale and Assignment  Agreement
  ("Agreement") to which it is attached and is incorporated therein.

       Section A-1.  Definitions.   The following definitions shall  have
  the following meanings:

       "Additional Charges"  shall mean  upon Default,  the sum  (a)  the
  additional interest due equal to  the FPF Principal Balance  multiplied
  by a rate per  annum equal to the  difference between the Default  Rate
  and the Interest Rate,  (b) all other expenses  due from the Seller  to
  FPF under this Agreement, (c) the  Termination Fee, as applicable,  (d)
  the amount of repurchase obligations, if  any, under Section 6 of  this
  Agreement and (e)  the costs and  expenses set forth  in Section 23  of
  this Agreement.

       "Advance Rate" shall mean a percentage from time to time specified
  by Seller in writing to  FPF but in no  event to exceed ninety  percent
  (90.00%) reduced by the Reserve Percentage.

       "Capital Charge" shall mean the sum of:

            (a)  The FPF Principal Balance  multiplied by 1/360th of  the
       Interest Rate, plus;

            (b)  Any unpaid  Capital  Charge due  for  any prior  day  or
       accounting period, plus;

            (c)  The Commitment Fee, plus

            (d)  Additional Charges.

       "Closing Fee" shall be $12,500 of which $5,000 has been paid prior
  to the Effective Date.

       "Commitment Fee"  shall mean  for any  month in  which the  Unused
  Portion  exceeds  twenty   percent  (20%)  of   the  Maximum   Purchase
  Commitment, a commitment fee payable to FPF, in an amount equal to  the
  product of (a) the Unused Portion and (b) one half percent (0.50%)  per
  annum.

       "Default Rate" shall be the lesser  of (a) the Prime Rate plus  8%
  or (b) the highest interest rate permitted by applicable law.

       "Down Payment Requirement"  shall mean a  down payment under  each
  Premium Finance  Agreement  in  an amount  not  less  than  the  amount
  required by law or statute.

  "Effective Date" means the Effective Date of this Agreement which shall
  be the  18th day of November, 1999.

       "Guarantor"  means,  Hallmark  Financial  Services,  Inc.,   whose
  address is 14651 Dallas Parkway, Suite 900, Dallas, TX  75240.
<PAGE>
       "Interest Rate" shall be the Prime  Rate plus a spread  ("Spread")
  shown below, based on an actual/360 day year.

       a)   From the Closing and for each day in which the prior  month's
            average daily FPF principal balance  is $5,000,000 or  below,
            the Spread shall be one percent (1.00%); and

       b)   For any  day in  which the  prior month's  average daily  FPF
            principal balance is  greater than $5,000,000  but less  than
            $7,500,000, then the Spread  shall be three-quarters  percent
            (0.75%); and

       c)   For any  day in  which the  prior month's  average daily  FPF
            principal balance is greater than $7,500,000, then the Spread
            shall be one-half percent (0.50%).

       "Loss Ratio Trigger" shall mean any  time at which the Loss  Ratio
  exceeds one and a half percent (1.50%).

       "Maximum Purchase  Commitment"  shall  be  $6,000,000  as  of  the
  effective date.    So  long  as  Seller  is  in  compliance  with  this
  Agreement, the  Maximum  Purchase Commitment  may  be increased  up  to
  $8,000,000, in  increments  of  $1,000,000, by  Seller  upon  ten  (10)
  business days  written notice  to FPF.   Any  increase in  the  Maximum
  Purchase Commitment above the $8,000,000 will be at the sole discretion
  of FPF, upon the request and consent of Seller.

       "Minimum Yield Trigger" shall mean, for any month, the failure  of
  FPF to receive payment in full of the Capital Charge.

       "Parity Shortfall" means  for each  Premium Receivable  (including
  each Premium Receivable in any current  Sale), the amount by which  the
  outstanding  principal  balance  of  the  applicable  Premium   Finance
  Agreement exceeds  the expected  return premium  due from  the  Issuing
  Insurance Company in the actual or prospective event of a  cancellation
  of such Premium Receivable.   If the expected  return premium due  from
  the  Issuing  Insurance  Company  exceeds  such  outstanding  principal
  balance, then no parity shortfall exists.

       "Parity  Shortfall  Amount"  means  for  all  outstanding  Premium
  Receivables, the  sum of  (a) for  Cancelled Premium  Receivables,  the
  total Parity  Shortfall on  such  Cancelled Premium  Receivables,  plus
  (b) for all other Premium  Receivables not in  a cancelled status,  the
  total Parity Shortfall  for such Premium  Receivables calculated as  if
  the next  payment due  date  is missed,  times  150% of  the  projected
  lifetime Static Pool  Cancellation Rate  for the  portfolio of  Premium
  Receivables as determined  by FPF, plus  (c) the outstanding  principal
  balance of all Defaulted Premium Receivables.

       "Prime Rate" shall  be as published  in the Money  Section of  The
  Wall Street Journal.   If  more than one  rate is  published, then  the
  highest rate published shall apply.
<PAGE>
       "Purchase Premium"  shall be  equal to  the Collections  (but  not
  including any  unearned  commissions from  Agents)  due the  Seller  as
  provided herein.    Collections shall  be  allocated in  the  following
  order:

            (a)  Principal payments received  shall be  allocated to  FPF
            until the FPF Principal Balance is reduced to zero.

            (b)  FPF  shall  retain  all  Collections  until  the  unpaid
            Capital Charge is paid in full.

            (c)  If Seller  is  in Default,  then  FPF shall  retain  all
            Collections until  all amounts  payable  to FPF  pursuant  to
            Section 17 of this Agreement are paid in full.

            (d)  The Servicing Fee shall  be paid to the Servicer of  the
            Premium Receivables sold under this Agreement.

            (e)   Remaining Collections,  if any,  will  be paid  to  the
            Seller as a Purchase Premium.

       "Repurchase Price"  means  (a)  the lesser  of  (i)  the  Up-front
  Purchase Price paid to  Seller by FPF for  the Premium Receivables  and
  other related Conveyed Property or (ii) the current outstanding balance
  due on  the Premium  Receivable at  the time  of repurchase  under  the
  applicable Premium Finance Agreement(s) with respect to the  Repurchase
  Property, plus (b)  interest on  the amount  payable by  Seller to  FPF
  under (a) above at  the Interest Rate from  the date that FPF  advanced
  funds to purchase  the Premium Receivables  and other related  Conveyed
  Property to  the date  of payment  by Seller  of the  Repurchase  Price
  reduced by any  payments previously received  by FPF  and allocated  to
  interest, plus (c) the Purchase Premium paid to Seller, if any.

       "Reserve Percentage" means for all outstanding Premium Receivables
  (including each Premium Receivable in any current Sale) the  percentage
  resulting from dividing (a) the total Parity Shortfall Amount plus  the
  total amount of Premium Receivables in excess of the FPF  Concentration
  Limits by (b) the outstanding principal balance of all Eligible Premium
  Receivables at the time of calculation.

       "Rule of 78's" means the method  by which interest income will  be
  allocated on Premium Receivable payments and calculated for any payment
  as a  fraction, the  numerator being  the number  of payments  or  days
  remaining  under  the  original  payment  schedule  for  such   Premium
  Receivable and the  denominator being  the sum  of the  digits for  the
  number of all  scheduled payments  or days  remaining.   Example: A  10
  monthly  payment  receivable  will  recognize  10/55ths  of  the  total
  expected lifetime  interest  in month  one  and 9/55ths  of  the  total
  interest in month two and so forth.

       "Static Pool Cancellation Rate" means for each monthly period, the
  percentage resulting  from dividing  (a) the  total number  of  Premium
  Receivables Sold in  such month that  are or  become Cancelled  Premium
  Receivables, by (b)  the total number  of Premium  Receivables Sold  in
  such month.  EXAMPLE: 100 Premium Receivables are originated in January
  1999 and  in  a calculation  on  July 30,  1999, 32  of  these  January
  Originated  Premium  Receivables   had  been   cancelled  since   their
  origination.  The Static Pool Cancellation  Rate for such January  1999
  Premium Receivables would be 32% as of July 30, 1999.
<PAGE>
       "Static Pool Cancellation  Rate Trigger"  shall mean  any time  at
  which the average Static Pool  Cancellation Rate exceeds sixty  percent
  (60%).

       "Term"  means  the  Term  of  this  Agreement  commencing  on  the
  Effective Date  and, if  not earlier  terminated  as provided  in  this
  Agreement, terminating on November 1, 2002.

       "Termination Fee"  shall  be  $30,000 if  Seller  terminates  this
  Agreement pursuant to Section 3 during  the first eighteen (18)  months
  following the Effective  Date.  If  such termination  occurs in  months
  nineteen (19) through  twenty four (24)  following the Effective  Date,
  the Termination Fee shall be $15,000.  No Termination Fee shall be  due
  after 24 months following the Effective Date.

       "Unused Portion" means, as of each  day of calculation, an  amount
  equal to (a) the Maximum Purchase Commitment, less (b) the average  FPF
  Principal Balance during the period of calculation.

       "Up-front Purchase Price" shall mean  the Amount Financed for  all
  outstanding  Eligible  Premium  Receivables  Sold  by  Seller  to   FPF
  multiplied by the Advance Rate.

       Section A-2.   Additional  Provision.   The  following  Additional
       Provisions shall be a part of this Agreement.

            A-2(i).   Identification of Collections.   Collections  shall
       be identified  for  application against  each  Premium  Receivable
       balance and applied against the unpaid Premium Receivable  balance
       as follows:

            (1)  First,  to   any   earned-at-writing   Premium   Finance
                 Agreement fees; then

            (2)  Principal calculated in  accordance with the  applicable
                 amortization schedule; then

            (3)  Interest or  finance  charge at  the  applicable  annual
                 percentage rate determined in  accordance with the  Rule
                 of 78's  (or determined  as  may otherwise  be  required
                 under applicable state  law for the  state in which  the
                 Premium Receivables were originated); then

            (4)  Any late  fees, cancellation  fees and  other  allowable
                 charges; then

            (5)  From  any  remaining  amounts, any amount required to be
                 paid to the Obligor as the insured  party in  accordance
                 with  applicable   state  law   governing  the   Premium
                 Receivables.

            A-2(ii).Tangible Net Worth.   Seller shall maintain Tangible
       Net Worth equal to the sum of (a) $25,000, plus, (b) the
       difference between the Amount Financed and the Up-Front Purchase
       Price for all Premium Receivables sold to FPF.

<PAGE>
                              SCHEDULE B

                         CONCENTRATION LIMITS

       This Schedule is part of the Sale and Assignment Agreement between
  Hallmark Finance Corporation and FPF, Inc.,  dated as of the 15th   day
  of November, 1999.  Capitalized terms used herein that are not  defined
  shall have the meanings ascribed to them in this Agreement.

       Eligible Premium Receivables may not exceed the following limits:

            A.   Insurance Company Diversification Limits.

                 1.   For Eligible  Insurance  Companies covered  by  the
                      Texas  insurance  guaranty   fund,  the   following
                      allocations shall apply:

                                                     Maximum % of
                            Insurance Company's    Eligible Premium
                              A.M. Best Rating      Receivables per
                                                        Carrier
                              ----------------          -------
                               "A-"  or better          no limit

                               "B++" or "B+"              25.0%

                                "B"  or "B-"              15.0%

                                all others*               5.00%

                           *Note:  under "all others" above, "C,"
                                   "D," "E," "F," "N/F," "S" are not
                                   eligible.

  Exception:
  The financed  policies  are issued  by  State and  County  Mutual  Fire
  Insurance Company ("S&C").  S&C acts as a "fronting" company and  cedes
  100% of the risk to American Hallmark Insurance Company ("AHIC") via  a
  100% Quota Share Reinsurance Agreement between S&C and AHIC.
<PAGE>
  To administer this sales program, S&C  has also entered into a  General
  Agency Agreement with an affiliate of  AHIC, Brokers General, Inc.  now
  known as American Hallmark General Agency, Inc. ("AHGA").  AHGA acts as
  the administrator of the program, appoints agents, processes  policies,
  returns unearned  premium  upon  cancellation  of  policies,  including
  financed policies, and settles and pays claims.

  AHIC in turn has  reinsured 75% of its  risk related to these  policies
  through Dorinco  Reinsurance  Company ("Dorinco")  and  GE  Reinsurance
  Company ("GE").  The reinsurance is accomplished through a Quota  Share
  Retrocession Agreement.

  Each of GE and Dorinco have  also entered into Guaranty Agreement  with
  S&C, providing for direct performance and payment by GE and Dorinco  in
  the event AHIC fails  to perform any of  its duties and obligations  or
  fails to make timely payment to S&C.

  Finance contracts originated under the above described structure  shall
  be eligible.   Further,  if AHIC  maintains reinsurance  treaties  that
  accept a  quota share  of the  insurance risk  and guarantee  the  full
  performance similar to  those currently existing   with companies  that
  are rated  "A" or  better   by  A.M. Best  and  have a  Financial  Size
  Category Class of V there shall be no concentration limitations.
<PAGE>
                 2.   For Eligible  Insurance Companies  not admitted  to
                      the Texas  insurance  guaranty fund  acceptable  to
                      FPF, no  more than  fifteen  percent (15%)  of  the
                      portfolio may  be  written  by  those  non-admitted
                      insurance companies and  the following per  company
                      allocations shall apply:

                                                     Maximum % of
                            Insurance Company's    Eligible Premium
                              A.M. Best Rating      Receivables per
                                                        Carrier
                              ----------------          -------
                               "A-" or better            7.5%

                               "B++" or "B+"             2.5%

            B.   Insurance Agent Diversification Limits.

                 Except for insurance  agencies which  are affiliates  of
                 Seller, the  outstanding  balance  of  Eligible  Premium
                 Receivables from an agency may  not exceed 15.0% of  the
                 pool and the  next largest agent  concentration may  not
                 exceed 12.5%, unless an exception is approved in writing
                 by FPF.

            C.   Failure of Seller  to request cancellation of the policy
                 from  the  Issuing Insurance  Company  pertaining  to  a
                 Premium Receivable for which payment is more than thirty
                 (30) days past due (or for such longer period  as  maybe
                 required under applicable state law or regulation) shall
                 deem said Premium Receivable as ineligible.

  All exceptions, if any,  are subject to adjustment  by FPF in its  sole
  discretion.

<PAGE>

                             Schedule C

                        Servicing AgreementExhibit 10(bl)

  =======================================================================

                  PREMIUM RECEIVABLE SERVICING AGREEMENT

                               by and among

                                FPF, INC.,

                                    and

                       Hallmark Finance Corporation

                       Dated as of November 18, 1999

  =======================================================================
<PAGE>

                  PREMIUM RECEIVABLE SERVICING AGREEMENT

       This   PREMIUM   RECEIVABLE   SERVICING   AGREEMENT    ("Servicing
  Agreement") is made as of November 18,  1999 by and among FPF, INC.,  a
  Colorado corporation ("FPF"), and Hallmark Finance Corporation, a Texas
  corporation, as servicer (the "Servicer").

                           PRELIMINARY STATEMENT

       WHEREAS, pursuant to the Sale and Assignment Agreement (the  "Sale
  Agreement") dated of even date herewith by and between FPF and Hallmark
  Finance Corporation,  FPF  will  acquire  certain  Premium  Receivables
  originated by the Seller, as seller, and FPF, as purchaser; and

       WHEREAS, the parties  hereto desire to  enter into this  Servicing
  Agreement  to  provide  for,   among  other  things,  the   management,
  administration, servicing and collections  with respect to the  Premium
  Receivables for the benefit of FPF and its assignees and designees  and
  to perform certain duties as described herein.

       NOW, THEREFORE, in consideration  of the covenants and  conditions
  contained in this  Servicing Agreement,  the parties,  intending to  be
  legally bound, hereby agree as follows:

                                ARTICLE I

                               DEFINITIONS

       Defined Terms.  Capitalized terms  used and not otherwise  defined
  in this Servicing  Agreement shall have  the meaning set  forth in  the
  Sale Agreement.   As used in  this Servicing  Agreement, the  following
  terms, unless  the  context  otherwise  requires,  have  the  following
  meanings (such meanings to  be equally applicable  to the singular  and
  plural forms of the terms defined):

       "Allowable Coverage  Change"  means,  with respect  to  a  Premium
  Receivable, a  modification thereof  approved by  the Servicer  in  the
  ordinary course of its business and in accordance with the standard  of
  care set  forth in  Section 2.16  of  this Servicing  Agreement,  which
  modification does not (a)  provide that the  principal and interest  on
  the Premium Receivable can be paid  over an aggregate period  extending
  beyond the Term, (b)  decrease the annual  percentage rate of  interest
  payable on the Premium Receivable or (c) reduce the principal amount of
  the Premium  Receivable  or  release the  Realization  Provisions  with
  respect to such Premium Receivable.

       "Approved  Expenses"  means,  with   respect  to  a  Person,   all
  reasonable and  documented direct  out-of-pocket expenses  incurred  by
  such Person including, without limitation, professional services  (such
  as attorneys, consultants and accountants), postage, courier  services,
  insurance, stationery,  telephone, facsimile  transmission and  travel,
  any of which are incurred specifically in the performance of its duties
  under this Servicing  Agreement, other than  required reporting  duties
  thereunder and general office overhead.
<PAGE>
       "Cancellation  Standard"  means,  as  of  any  date,  the   timely
  cancellation by  the  Servicer  of the  underlying  insurance  policies
  relating  to  at  least  ninety-seven  percent  (97%)  of  the  Premium
  Receivables on which payments are overdue by thirty (30) days or more.

       "Change of Control" shall  have the meaning  set forth in  Section
  2.11(c) of this Servicing Agreement.

       "Collections Account" means the lock box account or other accounts
  established by Servicer in the name  of FPF or its designee into  which
  the Collections are to  be deposited pursuant to  Section 3.01 of  this
  Servicing Agreement.

       "Collections  Depository   Account"  shall   mean  the   financial
  institution specified in Section 3.03 of this Servicing Agreement.

       "Daily Servicer Report" means a report in the form of  Exhibit A-1
  to this Servicing Agreement pursuant to Section 2.10(a) hereof.

       "Event of Servicing Default" shall have  the meaning set forth  in
  Section 5.01 of this Servicing Agreement.

       "Loan  Documents"  means  the  original  signed  Premium   Finance
  Agreement (or  a facsimile  thereof in  the event  an original  is  not
  received by Seller), the signed power of attorney of the insured (if  a
  power of attorney signed by the insured is not included in the  Premium
  Finance Agreement), and  all other  documents necessary  for the  legal
  origination of the Premium Finance Agreement.

       "Monthly Servicer Report" means a report in the form of Exhibit A-
  2 to this Servicing Agreement pursuant to Section 2.10(a) hereof.

       "Reporting Period" shall  mean the period  beginning on the  first
  day of the calendar month and ending  on the last day of such  calendar
  month; provided,  that  the  initial Reporting  Period  begins  on  the
  Effective Date.

       "Scheduled Payment" shall mean the  monthly payment relating to  a
  Premium Receivable  required  to be made by  the Obligor thereunder  in
  order to fully amortize the principal balance of the Premium Receivable
  under the method, term and rate stated in the Premium Finance Agreement
  or similar agreement evidencing such Premium Receivable.

       "Servicing Documents" shall have the meaning specified in  Section
  2.14 of this Servicing Agreement.

       "Servicing Fee" shall have the  meaning specified in Section  2.08
  of this Servicing Agreement.

       "Successor Servicer"  means that  Person succeeding  the  Servicer
  under and pursuant to Section 5.02  of this Servicing Agreement as  may
  be designated by FPF.
<PAGE>
                              ARTICLE II

            ADMINISTRATION AND SERVICING OF PREMIUM RECEIVABLES

       Section 2.01.    Appointment and Duties of Servicer.

            (a)  FPF hereby appoints the Seller, as the Servicer, and the
       Seller  shall  remain as Servicer  until the earlier  to occur  of
       (i) the payment  in  full  of  all amounts  due  to  FPF  under  a
       termination of the Sale Agreement, (ii) written notice from FPF or
       its designees  to  the Servicer  of  termination of  the  Servicer
       hereunder due  to  the occurrence  of  a Default  under  the  Sale
       Agreement, or (iii) written  notice from FPF  or its designees  to
       the Servicer of termination of the  Servicer hereunder due to  the
       occurrence of an Event of Servicing  Default.  The Servicer  shall
       perform the services required of it pursuant to the terms of  this
       Servicing Agreement.   In  performing  its duties  hereunder,  the
       Servicer shall have full power and authority to do or cause to  be
       done any  and all  things in  connection with  such servicing  and
       administration  which  it  may  deem  necessary  or  desirable  in
       accordance with the standard of care specified herein.

            (b)  The  Servicer,   in   making  collections   of   Premium
       Receivable payments  pursuant to  Section  2.02 hereof,  shall  be
       deemed to be  holding such  funds in trust  on behalf  of, and  as
       agent for, FPF and its designees.

            (c)  FPF shall take all such lawful action in its  discretion
       to compel or secure the performance and observance by the Servicer
       of its  obligations  to  FPF under  or  in  connection  with  this
       Servicing Agreement,  in accordance  with  the terms  hereof,  and
       shall exercise any and all rights, remedies, powers and privileges
       lawfully available  to  FPF  under  or  in  connection  with  this
       Servicing Agreement.

            (d)  The Servicer may not delegate any  or all of its  duties
       or obligations  hereunder, and  the Servicer  shall not  otherwise
       permit any  other Person  to engage  in any  servicing,  auditing,
       administrating, managing,  collecting  or  other  activities  with
       respect to the Premium Receivables, unless approved in writing  by
       FPF or its designees in each such Person's absolute discretion.

            (e)  The  Servicer,   upon   execution  of   this   Servicing
       Agreement, shall execute and  deliver a power  of attorney to  FPF
       and its assigns in  substantially the form  of Exhibit C  attached
       hereto.
<PAGE>
       Section 2.02.    Collection of  Premium Receivable Payments.   All
  servicing of the Premium  Receivables will be  performed on a  "private
  label" basis using  the name of  Seller on a  premium finance  software
  system approved by FPF in writing.   The Servicer shall be  responsible
  for collection of payments called for under the terms and provisions of
  the Premium  Receivables as  and when  the same  shall become  due.  In
  addition, the Servicer shall be responsible for the collection of  late
  payments and enforcing the Realization Provisions with respect thereto,
  and shall follow such collection procedures as are consistent with  the
  standard of care set forth in Section 2.16 hereof.  In accordance  with
  the  foregoing,  the   Servicer  may  grant   extensions,  rebates   or
  adjustments on a Premium Receivable, but shall not modify the  original
  due  dates,  interest  rate  or  Scheduled  Payments  on  the   Premium
  Receivables except as  would constitute an  Allowable Coverage  Change.
  The Servicer may in its discretion waive any late payment charge or any
  other fees that may be collected in the ordinary course of servicing  a
  Premium Receivable.

       Section 2.03.    Past-Due  Premium Receivables; Cancelled  Premium
  Receivables.

            (a)  In the  event an  Obligor has  not made  a payment  with
       regard to a Premium Receivable,  the Servicer shall promptly,  but
       in no event later than 10 days after such due date, (i) notify the
       defaulting Obligor  that the  Servicer shall  request the  Issuing
       Insurance Company to cancel  the insurance coverage pertaining  to
       the Premium Receivable if payment is  not received within 10  days
       of such Obligor's receipt of such  notice (the "Ten Day  Notice"),
       (ii) upon  failure  to  receive  the  payment  due  from   Obligor
       following the period stated in the Ten Day Notice (plus such grace
       period, if any,  as determined  by the  Servicer but  in no  event
       longer than the date 25 days from the original due date, except as
       may be required under applicable state law or regulation), request
       cancellation of  the policy  from  the Issuing  Insurance  Company
       (such  date  stated   in  the  cancellation   request  being   the
       "Cancellation Date") and  (iii) enforce on behalf  of FPF and  its
       designees, any  and all  Realization Provisions  and other  rights
       relating to the Premium Receivable.

            (b)  The Servicer  may, but  is not  obligated to,  submit  a
       written  request  to  the  applicable  Issuing  Insurance  Company
       (whereupon the Servicer shall  retain a copy  of such request  and
       any response thereto) to reinstate the insurance policy underlying
       a Canceled  Premium  Receivable;  provided, that,  prior  to  such
       request  for  reinstatement,  all  past  due  payments  have  been
       received by, or credited to, the  Servicer in the form of a  money
       order,  certified  check,   wire  transfer  or   other  means   of
       immediately  available  funds.    In  the  event  the   underlying
       insurance policy is reinstated  by the Issuing Insurance  Company,
       the Servicer shall make appropriate adjustments in its records and
       reports, and such Premium Receivable shall no longer be considered
       a Cancelled Premium Receivable.

            (c)  The Servicer shall, upon  receipt of unearned  premiums,
       unearned commissions, state guaranty funds, broker guarantee funds
       or funds  from  a cash  collateral  account with  respect  to  the
       related Canceled  Premium  Receivable,  remit such  funds  to  the
       Collections Account pursuant to Section 3.02 hereof.
<PAGE>
       Section 2.04.    Defaulted Premium  Receivables.  With respect  to
  each Defaulted Premium Receivable, the Servicer shall promptly  provide
  in its  Monthly  Servicer  Report  notice  of  such  Defaulted  Premium
  Receivable together  with  the  outstanding principal  amount  of  such
  Defaulted Premium  Receivable and  the number  of days  such  Defaulted
  Premium Receivable  is delinquent.   The  Servicer shall  use its  best
  efforts, consistent with the standard of care set forth in Section 2.16
  hereof, to collect  funds on a  Defaulted Premium  Receivable from  the
  Issuing Insurance Company, insured  or otherwise (any such  collections
  from whatever source being a "Defaulted Premium Receivable  Recovery").
  All Defaulted Premium Receivable Recoveries  shall be deposited by  the
  Servicer into the Collections Account by  the close of business on  the
  Business Day following receipt thereof.

       Section 2.05.    Maintenance of Interests in Premium  Receivables.
  The Servicer  shall take,  or cause  to  be taken,  such steps  as  are
  necessary or reasonably required by FPF or its assignees and  designees
  to maintain  perfection of  the respective  interests  of FPF  and  its
  assignees and  designees  in  the Premium  Receivables  and  the  other
  related Conveyed Property.

       Section 2.06.    Covenants of Servicer.

            (a)  The Servicer  shall  (i)  not  release  any  Realization
       Provisions granted by an Obligor in whole or in part except in the
       event of  payment  in  full by  the  Obligor  thereunder  or  upon
       reacquisition of  the related  Premium Receivable  by the  Seller,
       (ii) not impair the rights of FPF or its assignees in the  Premium
       Receivables, (iii) not modify the  Scheduled Payments due under  a
       Premium Receivable except  as expressly provided  by Section  2.02
       hereof, (iv) not  Sell or pledge  to any other  Person, or  grant,
       create, incur, assume, or suffer to exist any Lien on any  Premium
       Receivable granted to FPF or any interest therein, (v) immediately
       notify FPF of the existence of any Lien on any Premium  Receivable
       which was Sold  pursuant to the  Sale Agreement,  (vi) defend  the
       perfected ownership interest of FPF, its designees and assigns in,
       to, and under the Premium Receivables  Sold to FPF under the  Sale
       Agreement against all claims of third parties claiming through  or
       under the Servicer, (vii) deposit into the Collections Account all
       payments received  by the  Servicer with  respect to  the  Premium
       Receivables in accordance  with Article III hereof,  (viii) comply
       in all  respects  with  the  terms  and  conditions  of  the  Sale
       Agreement and not  amend, modify, or  waive any  provision of  the
       Sale Agreement, (ix) promptly notify FPF of the occurrence of  any
       Event of Servicing Default hereunder and (x) make at the sole cost
       and expense  of  the Servicer  any  filings, reports,  notices  or
       applications and seek any consents or authorizations from any  and
       all government agencies,  tribunals or  authorities in  accordance
       with the UCC and  any state license  or registration authority  on
       behalf of FPF as may be necessary or advisable to create, maintain
       and protect a first-priority, perfected ownership interest of  FPF
       in, to, and on  the Premium Receivables  Sold to it  or as may  be
       required by such government agencies, tribunals or authorities.
<PAGE>
            (b)  The Servicer shall promptly make available to FPF or its
       designee all information relating to each Premium Receivable being
       serviced hereunder in  form and  manner consistent  with the  data
       processing system  maintained  by  FPF or  its  designee  and  the
       Servicer shall respond  to reasonable directions  or requests  for
       information that FPF or its designees  might have with respect  to
       the Premium Receivables.

       Section 2.07.    Reacquisition of Premium Receivables Upon  Breach
  of Representations  or  Warranties.   The  Servicer  shall  inform  FPF
  promptly, in writing, upon the discovery of any breach by the Seller of
  any of  the  representations,  warranties  or  covenants  contained  in
  Section 11 of the  Sale Agreement.  Unless  the breach shall have  been
  cured within five Business Days after such discovery, the Servicer,  if
  directed by FPF  in accordance with  Section 6 of  the Sale  Agreement,
  shall use  its best  efforts  to cause  the  Seller, within  five  days
  following such cure period, to acquire any Premium Receivable that  FPF
  has deemed as not  being an Eligible  Premium Receivable in  accordance
  with the terms of Section 6 of the Sale Agreement.  The Servicer  shall
  remit  all  Repurchase  Price  funds  received  with  respect  to   the
  Repurchase Property to the Collections Account within one Business  Day
  of receipt thereof.

       Section 2.08.    Premium Receivable Servicing Fees.

            (a)  For so  long  as  the Servicer  is  acting  as  Servicer
       pursuant to this Servicing Agreement, FPF shall pay or cause to be
       paid to  the Servicer  the following  monthly Servicing  Fee  (the
       "Servicing Fee")  for each  Reporting  Period payable  during  the
       following Reporting  Period  on the  date  specified in  the  Sale
       Agreement:

                 (i)  an amount calculated at a  rate of 3.50% per  annum
            of  the  average  daily  FPF  Principal  Balance  during  the
            reporting.

            (b)  In the  event  the initial  Servicer  is replaced  by  a
       Successor Servicer  (which may  be FPF,  Flatiron Credit  Company,
       Inc.  or  any  successor  designated  by  FPF)  pursuant  to  this
       Servicing Agreement, FPF  shall pay  or cause  to be  paid to  any
       Successor  Servicer  a  monthly  servicing  fee  (the   "Successor
       Servicing Fee"),  which Successor  Servicing  Fee shall  be,  with
       respect to each Reporting  Period, an amount equal  to the sum  of
       (i) the  Servicing  Fee plus  (ii)  all Approved  Expenses.    The
       Successor Servicing Fee with respect  to a Reporting Period  shall
       be paid to  the Successor  Servicer during  the month  immediately
       following such Reporting  Period on the  date as  provided in  the
       Sale Agreement.
<PAGE>
       Section 2.09.    Servicer's  Certificate as to  Compliance.   Upon
  the written request  of FPF, the  Servicer shall deliver  to FPF,  from
  time to  time,  an  officers' certificate,  signed  by  an  officer  of
  Servicer (including the  President, any Vice  President, and  Assistant
  Vice President,  the  Secretary, the  Treasurer  or any  other  officer
  customarily performing functions similar to  those performed by any  of
  such designated officers (a "Responsible Officer")) and dated effective
  as of the last day of the  preceding month, stating, as to each  signer
  thereof, that (a) a review of the activities of the Servicer during the
  preceding six-month  period and  of  performance under  this  Servicing
  Agreement  has  been  made   under  each  such  Responsible   Officer's
  supervision, and  (b) to  the best  of each  such officer's  knowledge,
  based on such review,  the Servicer has  fulfilled all its  obligations
  under this Servicing Agreement throughout such six-month period, or, if
  there has been  a default in  the fulfillment of  any such  obligation,
  specifying each such default known to each such Responsible Officer and
  the nature and status thereof and remedies therefor being pursued.

       Section 2.10.  Reporting Obligations; Inspection and Audit Rights.

            (a)  The Servicer shall make available to FPF or its designee
       information sufficient to  allow FPF or  its designee to  generate
       the Daily  Servicer  Reports  and  the  Monthly  Servicer  Reports
       regarding payments  received from  or on  behalf of  Obligors  and
       deposited to the Collections Account representing Collections  and
       other amounts  with  respect to  Premium  Receivables,  including,
       without limitation,  Defaulted Premium  Receivable Recoveries  and
       Endorsement Refunds.  Such information shall be delivered (i) with
       respect  to  the  Daily  Servicer  Report,  on  the  Business  Day
       following the date of  such report, and  (ii) with respect to  the
       Monthly Servicer Report, on the second Business Day following  the
       end of the immediately preceding Reporting Period.

            (b)  The Servicer  shall  promptly  provide  to  FPF  or  its
       designees such reports, information and documentation as any  such
       Person may reasonably  request with respect  to the Servicer,  the
       Servicer's operations,  the  Premium  Receivables  and  any  other
       matters to which this Servicing Agreement relates, which  reports,
       information or documentation shall be provided to each such Person
       by facsimile copy,  hard copy,  electronic certified  copy or  any
       combination thereof as  such Person  may reasonably  specify.   In
       addition, the Servicer grants to FPF and any of its designees  and
       hereby authorizes  each  of them  the  right to  contact  insurers
       relating to the  Premium Receivables, the  Obligors and  insurance
       agents in  order to  verify,  substantiate or  reconcile  reports,
       information and documentation provided by  the Servicer to FPF  or
       its  designees pursuant to this Servicing Agreement.

            (c)  At all times during the term hereof, the Servicer  shall
       afford FPF  and its  assignees,  authorized agents  and  designees
       reasonable access  during  normal business  hours  to all  of  the
       Servicer's books of account,  reports, records and computer  files
       relating to the Premium Receivables and shall cause its  personnel
       to assist in any examination of  such records by any such  Person,
       to  make  copies  and  extracts  therefrom,  and  to  discuss  the
       Servicer's affairs, finances and accounts relating to the  Premium
       Receivables with  officers,  employees and  independent  certified
       public accountants of  each such  Person, all  at such  reasonable
       times and as often as may be reasonably requested.
<PAGE>
            (d)  Any such report, information and documentation  provided
       by the Servicer to FPF or  its designees pursuant to this  Section
       2.10 shall be, to the knowledge of the Servicer, true and  correct
       as of the  time of transmittal  and such  transmittal (whether  by
       facsimile, hard copy, electronic transmission or otherwise)  shall
       constitute certification to such effect.

       Section 2.11.    Financial Statements and Other Reports.

            (a)  Reporting Requirements.  The  Servicer shall deliver  to
       FPF and its designees:

                 (i)  within 45  days  after  the end  of  each  calendar
            quarter of the Servicer  (commencing with the quarter  ending
            March  31,  2000,  an  unaudited  balance  sheet  and  income
            statement  (prepared   in   accordance  with   GAAP   without
            accompanying notes)  for the  Servicer and  its  subsidiaries
            covering the preceding quarter, in  each case certified by  a
            principal financial  officer  of  the Servicer  to  be  true,
            accurate and complete copies of such financial statements;

                 (ii) within 90 days after the end of each fiscal year of
            Servicer, an  audited  balance  sheet  and  income  statement
            (prepared in accordance with GAAP)  for the Servicer and  its
            subsidiaries covering such preceding fiscal year; and

                 (iii)     such   other   information   respecting    the
            condition or  operations,  financial  or  otherwise,  of  the
            Servicer or any of its subsidiaries  as FPF or its  designees
            may from time to time reasonably request.

            (b)  Report on Proceedings.  Promptly  upon (but in no  event
       more than  three Business  days following)  the Servicer  becoming
       aware of:

                 (i)  any  proposed  or  pending  investigation  of   the
            Servicer, any of  its Affiliates or  any of their  respective
            employees by any governmental authority or agency;

                 (ii) any  court  or   administrative  proceeding   which
            involves or  may involve  the possibility  of materially  and
            adversely  affecting  the  properties,  business,  prospects,
            profits, management, financial position, results of operation
            or  general  condition  of  the   Servicer  or  any  of   its
            Affiliates;

                 (iii)     an event  or development  (including,  without
            limitation, a change in any relevant law or regulation) which
            could have  a  material  adverse impact  on  the  properties,
            business, prospects, profits, management, financial position,
            results of operations or general condition of the Servicer or
            any of its Affiliates; or

                 (iv) any Event  of Servicing  Default hereunder  or  any
            event which could likely become an Event of Servicing Default
            hereunder;
<PAGE>
       such information shall be provided by the Servicer to FPF and  its
       designees, as applicable.

            (c)  Change of Control.   The Servicer  shall provide  prompt
       written notice to FPF and its  designees, as applicable, upon  the
       occurrence of  any of  the following  events  (each a  "Change  of
       Control"): (i) the Servicer ceases to be managed and controlled by
       the Person or Persons  who manage and control  the Servicer as  of
       the Effective Date, (ii) any such  Person which is a  corporation,
       partnership, trust or other entity  is dissolved or liquidated  or
       merged with or  into any other  Person or for  any period of  more
       than 10  days ceases  to  exist in  its  present form  and  (where
       applicable) in good standing and duly qualified under the laws  of
       the  jurisdiction  of  its  incorporation  or  formation  and  any
       jurisdiction in which such standing or qualification is  necessary
       or advisable in connection with the  conduct of business or  (iii)
       the Servicer consummates a Sale of all or substantially all of its
       assets,  except,  if  the  Seller  is  then  acting  as   Servicer
       hereunder, for the Sale of the Conveyed Property by the Seller  to
       FPF under the Sale Agreement.

       Section 2.12.     Costs  and  Expenses.    All  Approved  Expenses
  incurred  by  any  Successor  Servicer  and  all  direct  extraordinary
  out-of-pocket expenses incurred by FPF or its designees and  assignees,
  as the case may be, in carrying out their respective duties  hereunder,
  including payments of all fees and expenses incurred in connection with
  the  enforcement  of  Premium  Receivables  (including  enforcement  of
  Defaulted Premium Receivables), and  realization under the  Realization
  Provisions, shall be reimbursed to such Successor Servicer (in addition
  to the compensation  and expenses, as  applicable, to be  paid to  such
  Successor Servicer pursuant to Section 2.08) and paid according to  the
  provisions of the Sale Agreement.

       Section 2.13.     Responsibility  for Ownership  Interests.    The
  Servicer shall ensure that  FPF has a  valid, perfected first  priority
  ownership interest in, to and under each Eligible Premium Receivable by
  taking all necessary action under applicable law and by assuring, among
  other  things,  that   UCC-1  financing   statements  and   appropriate
  continuation statements are filed in each jurisdiction in which  filing
  is  necessary  for  such  perfection  which  financing  statements  and
  continuation  statements  (a) contain  a  general  description  of  the
  Premium   Finance   Agreements,   amounts   payable   thereunder,   and
  after-acquired  collateral,  and  (b) direct  subsequent  creditors  to
  sources containing  more  detailed  information, such  as  the  Premium
  Finance Agreements themselves.

       Section 2.14.     Documents Held  by FPF;  Documents Held  by  the
  Servicer; Indication of FPF Ownership.

            (a)  FPF or  its  designees  shall be  entitled  to  maintain
       physical possession  of  the  Loan Documents  in  its  files  with
       respect to each Premium Receivable.
<PAGE>
            (b)  The Servicer shall maintain  the following documents  in
       its files on behalf of FPF and its designees or have the following
       immediately accessible  on computer  screen with  respect to  each
       Premium Receivable:

                 (i)  Copies of the Loan Documents;

                 (ii) Copies of all correspondence to the Obligor or  the
            Issuing Insurance Company, including any notification to  the
            Obligor and the Issuing Insurance Company of the Sale of  the
            Premium Receivable and delivery of possession of the  related
            Premium Finance Agreement  to FPF  or its  designees, to  the
            extent required  by applicable  law to  perfect an  ownership
            interest in the Premium  Receivable and the related  Conveyed
            Property;

                 (iii)     Copies of all late notices to the Obligor;

                 (iv) Copies of  cancellation  requests  to  the  Issuing
            Insurance Company and, if applicable, the Obligor;

                 (v)  Copies  of   reinstatement  notices   and   related
            correspondence;

                 (vi) Payment  history   and  status   of  each   Premium
            Receivable; and

                 (vii)     Such  other  documents  as  the  Servicer  may
            customarily retain in  connection with  its normal  servicing
            activities under this Servicing Agreement in order to satisfy
            its standard of care under Section 2.16.

            (c)  The Servicer shall keep  satisfactory books and  records
       pertaining to  each Premium  Receivable  and shall  make  periodic
       reports in accordance with this Servicing Agreement.  Such records
       may not be destroyed or otherwise disposed of, except as  provided
       herein and as allowed by applicable laws, regulations or decrees.

            (d)  The Servicer shall maintain  physical possession of  the
       instruments and documents listed  in Section 2.14(b) hereof,  such
       other instruments or documents that modify or supplement the terms
       or conditions of any of the  foregoing, and all other  instruments
       and documents generated by  or coming into  the possession of  the
       Servicer  (including,   without  limitation,   insurance   premium
       receipts,  ledger  sheets,  payment  records,  correspondence  and
       current and historical computerized data files) that are  required
       to document or service any Premium Receivable.  Collectively,  all
       of the documents described in paragraphs (b), (c) and (d) of  this
       Section 2.14 with respect to a Premium Receivable are referred  to
       as "Servicer Documents."  All Servicer Documents shall remain  the
       property of FPF and shall be held in trust by the Servicer for the
       benefit of FPF and its assignees  and designees, to the extent  of
       their interests therein.
<PAGE>
       Section 2.15.    Maintenance  of Computer Systems.   The  Servicer
  shall provide computer backup  in a format acceptable  to FPF not  less
  than weekly or  such other period  as FPF may  request.  Such  computer
  backup shall contain the data necessary  to enable FPF or its  assignee
  or designees to service the Premium  Receivables in the event any  such
  assignee or  designee becomes  the Successor  Servicer.   The  Servicer
  shall (a) provide  FPF and its  designee or  assignees, as  applicable,
  with a copy of its computer software used with respect to the servicing
  of the Premium  Receivables including any  licenses needed or  required
  with respect thereto, and  (b) not substitute  or materially alter  its
  computer software or systems or vendor  or document forms, without  the
  prior written consent of FPF.

       Section 2.16.    Standard of Care.   In performing its duties  and
  obligations hereunder and in administering and enforcing the  servicing
  relating  to  the  Premium  Receivables  pursuant  to  this   Servicing
  Agreement, the Servicer shall  exercise that degree  of skill and  care
  consistent with  the  degree  of  skill  and  care  that  the  Servicer
  exercises with respect to  similar loans owned  and/or serviced by  it,
  and, shall  apply  in performing  such  duties and  obligations,  those
  standards, policies  and  procedures  consistent  with  the  standards,
  policies and procedures  the Servicer applies  with respect to  similar
  loans owned or serviced by it, and to the extent more exacting than the
  foregoing, shall act  prudently and  in accordance  with customary  and
  usual servicing  procedures for  other servicers  of insurance  premium
  finance  receivables;  provided,  however,  that  notwithstanding   the
  foregoing, the Servicer shall not, except pursuant to a judicial  order
  from a court  of competent jurisdiction,  or as  otherwise required  by
  applicable law or regulation, release or waive the right to collect the
  unpaid balance on any Premium Receivable.  In performing its duties and
  obligations hereunder and in administering and enforcing the  servicing
  relating  to  the  Premium  Receivables  pursuant  to  this   Servicing
  Agreement, the Servicer  shall comply with  all applicable federal  and
  state laws  and  regulations,  shall maintain  all  state  and  federal
  licenses and  franchises  necessary for  it  to perform  its  servicing
  responsibilities hereunder, shall  not impair  the rights  of FPF,  its
  designees or assignees  in the Conveyed  Property, and  shall act  with
  respect to the Premium Receivables as will, in the reasonable  judgment
  of the  Servicer,  maximize the  amount  to be  received  with  respect
  thereto.

       Section 2.17.    Enforcement.

            (a)  The Servicer is hereby  authorized and empowered to  sue
       to enforce or  collect upon the  Premium Receivables,  in its  own
       name, if possible, or as attorney-in-fact and agent for FPF or its
       designees.  If the Servicer elects to commence a legal  proceeding
       to enforce a Premium Receivable, the act of commencement shall  be
       deemed to be an automatic assignment of the Premium Receivable  by
       FPF to the  Servicer solely  for purposes  of, and  to the  extent
       necessary for, collection only.   If, however, in any  enforcement
       suit or legal  proceeding it  is held  that the  Servicer may  not
       enforce a Premium Receivable on the grounds that it is not a  real
       party in  interest or  a holder  entitled to  enforce the  Premium
       Receivable, FPF shall, at the Servicer's request and expense, take
       such steps as FPF  deems necessary or  appropriate to enforce  the
       Premium Receivable, including  bringing suit  in its  name or  the
       name of FPF.
<PAGE>
            (b)  The Servicer  shall  exercise  any  rights  of  recourse
       against third  Persons  that exist  with  respect to  any  Premium
       Receivable in accordance  with the  standard of  care required  by
       Section 2.16 hereof.

       Section 2.18.  Fidelity Bond  or Errors  and Omissions  Insurance.
  The Servicer shall  maintain, at its  own expense,  a blanket  fidelity
  bond or an errors and omissions  insurance policy, in form and  content
  acceptable to FPF, in an amount  not less than $400,000 and naming  FPF
  as an  additional loss  payee or  beneficiary  of each  such  insurance
  policy and  fidelity  bond.   The  Servicer  shall be  deemed  to  have
  complied with this provision  if one of  its respective Affiliates  has
  such fidelity bond and errors and omissions policy coverage and, by the
  terms of  such  fidelity  bond and  errors  and  omission  policy,  the
  coverage afforded  thereunder  extends  to  the  Servicer.    Any  such
  fidelity bond or insurance  policy shall not  be cancelled or  modified
  without ten days' prior written notice  to FPF.  Evidence of each  such
  insurance policy and  fidelity bond shall  be delivered to  FPF by  the
  Servicer in  conjunction  with the  Responsible  Officers'  certificate
  required to be delivered pursuant to Section 2.09 hereof.

                               ARTICLE III

                           ACCOUNTS; COLLECTIONS

       Section 3.01.    Accounts.   The Servicer  shall establish in  the
  name of FPF or its designee the Collections Account with a  Collections
  Account Depository referred to in  Section 3.03 hereof.  All  Obligors,
  Issuing Insurance Companies and Seller shall  be directed to cause  all
  Collections to be remitted to  the Collections Account so  established.
  All  Collections  effectuated  by  pre-authorized  debits  of   Obligor
  accounts shall be deposited directly into the Collections Account.  The
  Servicer shall not alter the instructions to the Obligors, Seller,  the
  Issuing Insurance Company or any other  party regarding payments to  be
  made to the Collections Account without  the prior written approval  of
  FPF or its designee.  All  amounts in the Collections Account shall  be
  retrieved on each Business Day by FPF or its designee.

       Section 3.02.    Collections.   The Servicer  shall segregate  all
  Collections on the  Premium Receivables from  its general funds,  shall
  not use such funds for its benefit  and shall hold such funds in  trust
  for the benefit of FPF and its  designee.  The Servicer shall remit  to
  the Collections Account and to no other account, on a daily basis,  but
  in no  event later  than the  close  of business  on the  Business  Day
  following the day of  receipt thereof, all payments  received on or  in
  connection with the Conveyed Property by  the Servicer by or on  behalf
  of the Obligors, the  Issuing Insurance Companies  or any other  party,
  including, without limitation, Collections, Endorsement Refunds, broker
  guarantee funds or funds  from a cash  collateral account or  Defaulted
  Premium Receivable  Recoveries,  all  as collected,  in  respect  of  a
  Premium Receivable being serviced by the Servicer.  The Servicer  shall
  also deposit in the Collections Account the aggregate Repurchase  Price
  with respect to any  Repurchase Property.  All  such deposits shall  be
  separately shown in the Daily Servicer Reports.

       Section 3.03.      Collections  Account   Depository.    FPF   has
  appointed Bank of America as the initial Collections Account Depository
  (the "Collections  Account  Depository") hereunder.    The  Collections
  Account Depository shall transfer funds from the Collections Account as
  instructed by the FPF or its designee.
<PAGE>
                              ARTICLE IV

                      REPRESENTATIONS AND WARRANTIES

       Section 4.01.    Representations and  Warranties of the  Servicer.
  The Servicer hereby represents, warrants and  covenants to FPF that  as
  of the  date  of this  Servicing  Agreement and,  for  so long  as  the
  Servicer  shall  continue  to  act  as  Servicer  hereunder,  that  the
  representations, warranties and covenants contained in Sections 1 and 2
  of Exhibit B  hereto are true  and correct  and shall  remain true  and
  correct.

       Section 4.02.    Representations and Warranties of FPF.  As of the
  date of the Servicing Agreement FPF represents, warrants and  covenants
  to Servicer each of the matters  referred to in Section 2 of  Exhibit B
  hereto.

                                ARTICLE V

                      DEFAULT, REMEDIES AND INDEMNITY

       Section 5.01.      Events  of  Servicing  Default.    Any  of  the
  following acts or  occurrences shall constitute  an Event of  Servicing
  Default under this Servicing Agreement:

            (a)  any  failure  by  the  Servicer  to  make  any  payment,
       transfer or deposit to the Collections Account within one Business
       Day after receipt;

            (b)  any failure by  the Servicer to  provide any notices  to
       FPF pursuant to this Servicing Agreement relating to the  transfer
       or calculation  of  funds which  has  not been  cured  within  two
       Business Days after the date of receipt of notice of such failure;

            (c)  any failure by the  Servicer to request cancellation  of
       the policy from the Issuing Insurance Company pursuant to  Section
       2.03, unless otherwise approved by FPF or its designee in writing.

            (d)  failure on  the  part of  the  Servicer to  either  duly
       observe or perform any covenants or agreements of the Servicer set
       forth in this Servicing Agreement other than as set forth in  this
       Article 5, and which has not  been cured within ten (10)  business
       days after the date of receipt  of notice of such failure; or  the
       Servicer shall attempt to assign any of its duties hereunder;

            (e)  any representation,  warranty or  certification made  by
       the Servicer (or any  officer of the  Servicer) in this  Servicing
       Agreement, or any certificate delivered pursuant to this Servicing
       Agreement, shall prove  to have  been incorrect  when made,  which
       could have a material adverse effect on FPF and which continues to
       be incorrect in any material respect;
<PAGE>
            (f)  the Servicer  shall  consent  to the  appointment  of  a
       conservator  or  receiver   or  liquidator   in  any   insolvency,
       readjustment of  debt, marshalling  of assets  and liabilities  or
       similar proceedings  of  or  relating  to  the  Servicer,  or  the
       Servicer shall admit  in writing its  inability to  pay its  debts
       generally as  they become  due, file  a  petition or  commence  an
       action  to  take  advantage   of  any  applicable  insolvency   or
       reorganization statute, make any assignment for the benefit of its
       creditors or voluntarily suspend payment of its obligations;

            (g)  any Change in  Control unless  the same  is approved  in
       writing by FPF, in its absolute discretion;

            (h)  following 30 days written  notice to Servicer, an  event
       or development shall occur which is  expected by FPF (in its  sole
       discretion) to have a  material adverse impact  on the ability  of
       the Servicer  to  perform  its obligations  under  this  Servicing
       Agreement;

            (i)  the  Servicer  shall  not  be  in  compliance  with  the
       Cancellation Standard.

       Section 5.02.    Remedies.

            (a)  If an Event of Servicing Default shall have occurred and
       then be  continuing,  then  by notice  given  in  writing  to  the
       Servicer (the "Terminated Party")  (together with any  termination
       notice  described  in   Section 2.01(a)  hereof,  a   "Termination
       Notice"), all  of the  rights and  obligations of  the  Terminated
       Party, shall be terminated upon the later of (i) the date, if any,
       specified in the  Termination Notice or  (ii) upon receipt of  the
       Termination Notice.

            (b)  After receipt by the  Terminated Party of a  Termination
       Notice, all authority and power of the Terminated Party under this
       Servicing Agreement shall  pass to and  be vested  in a  Successor
       Servicer; and, without limitation, FPF or its designees are hereby
       authorized and empowered to execute and deliver, on behalf of  the
       Terminated  Party,  as   attorney-in-fact,  authorized  agent   or
       otherwise, all documents and other instruments upon the failure of
       the Terminated  Party  to execute  or  deliver such  documents  or
       instruments, and to  do and accomplish  all other  acts or  things
       necessary or appropriate to effect  the purposes of such  transfer
       of servicing rights.  The Servicer hereby agrees to cooperate with
       FPF, its designees  and such Successor  Servicer in effecting  the
       termination of the responsibilities  and rights of the  Terminated
       Party  to  conduct  servicing  under  this  Servicing   Agreement,
       including, without  limitation,  the transfer  to  such  Successor
       Servicer of all authority of the  Terminated Party to service  the
       Premium Receivables provided for  under this Servicing  Agreement,
       including,  without   limitation,  the   right  to   receive   all
       collections, all authority over all collections which shall on the
       date of transfer be  held by the Terminated  Party for deposit  or
       which  have  been  deposited  by  the  Terminated  Party  in   the
       Collections Account  or which  shall thereafter  be received  with
       respect to the Premium Receivables, and in assisting the Successor
       Servicer in enforcing all rights  to Realization Provisions.   The
<PAGE>
       Terminated Party shall immediately transfer its electronic records
       relating to the Premium Receivables  to the Successor Servicer  in
       such electronic form as the Successor  Servicer may request.   The
       Terminated Party shall  immediately relinquish all  rights in,  to
       and under the Loan Documents and the Servicing Documents and shall
       immediately transfer to the Successor Servicer all Loan  Documents
       and Servicing Documents with respect to the Premium Receivables in
       the manner  and at  such times  as  the Successor  Servicer  shall
       request.  Immediately  upon receipt of  a Termination Notice,  the
       Terminated Party shall not amend, alter or modify any of the  Loan
       Documents or  Servicing  Documents  without  FPF's  prior  written
       consent.  The Terminated Party shall give notices of the  transfer
       of servicing  to the  Obligors,  Issuing Insurance  Companies  and
       state guaranty funds, all in the  manner and at such times as  the
       Successor Servicer shall request.

            (c)  On and after the  receipt by the  Terminated Party of  a
       Termination Notice pursuant to  this Section 5.02, the  Terminated
       Party shall continue to perform all servicing functions under this
       Servicing Agreement until  the date specified  in the  Termination
       Notice or otherwise specified by FPF in writing.

            (d)  Upon its appointment,  the Successor  Servicer shall  be
       the successor  in  all  respects to  the  Terminated  Party,  with
       respect to servicing functions under this Servicing Agreement.

            (e)  In connection with such appointment and assumption,  FPF
       may make such arrangements for the compensation of itself and  the
       Successor  Servicer  out  of  collections  of  Premium  Receivable
       payments, as it and such Successor Servicer shall agree.

            (f)  All authority and power granted  to the Servicer or  the
       Successor  Servicer  under   this     Servicing  Agreement   shall
       automatically cease  and terminate  upon payment  in full  of  all
       Obligations and termination of the Sale Agreement, and shall  pass
       to and be vested in FPF or its designee.

       Section 5.03.    Indemnity  by the Servicer.   The Servicer  shall
  indemnify and hold  FPF, its Affiliates, its designees and assigns  and
  each of their respective officers, directors, employees and agents  and
  any Person holding an interest in the Conveyed Property or acting as  a
  trustee therefor  (collectively,  the "Indemnified  Parties")  harmless
  against any liability, loss,  damage, penalty, fine, forfeiture,  legal
  or accounting fees, court reporting expenses, expert witness fees,  and
  all other fees or costs of  any kind, judgments or expenses,  resulting
  from or arising  out of  a breach of  this Servicing  Agreement by  the
  Servicer; provided, however, the  Servicer shall not  be liable to  the
  Indemnified Parties  by  reason of  any  act, contract  or  transaction
  performed in  good faith  by the  Servicer pursuant  to this  Servicing
  Agreement in accordance with  the standard of  care under Section  2.16
  nor shall it  be liable for  any loss resulting  therefrom, so long  as
  such act, contract or  transaction shall, at the  time at which it  was
  performed or entered into, have been  reasonable and prudent under  the
  circumstances and shall  have conformed  to the  express provisions  of
  this Servicing Agreement.   The rights  of the  Indemnified Parties  to
  indemnity, reimbursement  or limitation  on its  liability pursuant  to
  this Section  5.03 shall  survive any  Event  of Servicing  Default  or
  termination of the Servicer pursuant to  the provisions hereof and  the
  transfer of the  rights, duties and  obligations of the  Servicer to  a
  Successor Servicer.
<PAGE>
       Section 5.04.    Waiver of Events of  Servicing Default.  FPF  may
  waive any Event of Servicing Default by the Servicer in the performance
  of its  obligations hereunder  and its  consequences.   Upon  any  such
  waiver of an event  of Servicing Default, such  default shall cease  to
  exist, and any default arising therefrom  shall be deemed to have  been
  remedied for every purpose of this Servicing Agreement.  No such waiver
  shall extent to  any subsequent or  other default or  impair any  right
  consequent thereon except to the extent expressly so waived.

       Section 5.05.    Survival.  The agreements in this Article V shall
  survive the termination of this Servicing Agreement and the payment  in
  full of all sums and obligations owed to FPF under the Sale Agreement.

                              ARTICLE VI

                    TERMINATION OF SERVICING AGREEMENT

       Section 6.01.    Term.  Unless  terminated in accordance with  the
  provisions of Section 2.01(a), this Servicing Agreement shall remain in
  effect until all obligations due to FPF pursuant to the Sale  Agreement
  have been paid in full.

                              ARTICLE VII

                         MISCELLANEOUS PROVISIONS

       Section 7.01.     No Offset.   Prior  to the  termination of  this
  Servicing  Agreement,  the  obligations  of  the  Servicer  under  this
  Servicing Agreement shall not be  subject to any defense,  counterclaim
  or right  of offset  which the  Servicer may  have against  FPF or  its
  assignees or designees, whether in respect of this Servicing  Agreement
  or the Sale Agreement, any Premium Receivable or otherwise.

       Section 7.02.     Powers of  Attorney.   FPF shall,  from time  to
  time, provide the  employees of  the Servicer  with limited,  revocable
  powers of  attorney or  other such  written  authorizations as  may  be
  appropriate to enable  the Servicer  to perform  its obligations  under
  this Servicing  Agreement; provided,  however, that  FPF shall  not  be
  required to provide such  powers with respect to  any matter for  which
  FPF does not have authority to perform itself.

       Section 7.03.     Assignments; Third  Party Beneficiaries.    This
  Servicing Agreement  may be  assigned by  FPF and  shall inure  to  the
  benefit of FPF's assignees and designees  (all of whom shall be  deemed
  third party beneficiaries hereunder).  Without limiting the  generality
  of the foregoing, all representations, covenants and agreements in this
  Servicing Agreement which expressly confer rights upon FPF shall be for
  the benefit of and run directly to each assignee and designee, and each
  such assignee and  designee shall be  entitled to rely  on and  enforce
  such representations, covenants and agreements to the same extent as if
  it were a  party hereto. The  Servicer shall not  assign its rights  or
  obligations under this Servicing Agreement without the written approval
  and consent of  FPF.   With such written  approval and  consent of  FPF
  contemplated hereby, this Servicing Agreement shall be binding upon the
  parties hereto, and their respective successors, legal  representatives
  and assigns; no  other Person shall  have or be  construed to have  any
  equitable right, remedy or claim under or in respect of or by virtue of
  this Servicing  Agreement or  any provision  contained herein.    There
  shall be no third party beneficiaries  of Servicer without the  written
  approval and consent of FPF.
<PAGE>
       Section 7.04.     Amendment.    This Servicing  Agreement  may  be
  amended from time  to time  by a  written amendment  duly executed  and
  delivered by each of  the parties hereto  and no waiver  of any of  the
  terms hereof shall be effective unless  it is in writing and signed  by
  the party or parties whose rights are being waived.

       Section 7.05.    Waivers.  No failure or delay on the part of  FPF
  or any of its assignees or designees in exercising any power, right  or
  remedy under  this  Servicing  Agreement  shall  operate  as  a  waiver
  thereof, nor shall any  single or partial exercise  of any such  power,
  right or remedy preclude any other  or further exercise thereof or  the
  exercise of any  other power, right  or remedy.   No such waiver  shall
  extend to  any  subsequent  or  other  default  or  impair  any  rights
  consequent thereon, except to the extent expressly so waived.  Each  of
  the rights, powers and remedies  described in this Servicing  Agreement
  is cumulative and not exclusive of, and shall not prejudice, any  other
  right, power or remedy provided in  this Servicing Agreement, the  Sale
  Agreement or  by  law.   Each  such  right,  power and  remedy  may  be
  exercised from time to time  as deemed necessary by  FPF or any of  its
  assignees or designees, as applicable, and in such order and manner  as
  such applicable  party  may  determine.    The  parties  hereto  hereby
  acknowledge and agree that with respect to a violation or breach by the
  Servicer of any  representation, warranty,  covenant or  other term  or
  provision of  this  Servicing Agreement,  it  shall be  the  Servicer's
  obligation to prepare and obtain a written waiver for such breaches  or
  violations from  FPF  or its  designee,  as  applicable.   FPF  or  its
  designee, as applicable, may grant or deny any such requested waiver in
  its sole and absolute  discretion.  At no  time may the parties  hereto
  infer a  course of  dealing among  the parties  that would  negate  the
  requirement to obtain  a written waiver  from FPF or  its designee,  as
  applicable.

       Section 7.06.     Notices.   All notices,  requests, consents  and
  other communications  hereunder  shall  be  in  writing  and  shall  be
  delivered personally or mailed  by first-class registered or  certified
  mail,  postage  prepaid,  or  by  telephonic  facsimile   transmission,
  electronic mail and overnight delivery service, postage prepaid, to the
  parties to this  Servicing Agreement; provided,  that notices shall  be
  effective upon receipt, and  in any case addressed  to the Servicer  as
  provided in the introductory paragraph of this Servicing Agreement  and
  to FPF at 600 Seventeenth Street, Suite 1900S, Denver, Colorado  80202,
  Attention: Robert A. Pinkerton.

       Section 7.07.    Governing Law.  THIS SERVICING AGREEMENT SHALL BE
  GOVERNED BY AND CONSTRUED  IN ACCORDANCE WITH  THE SUBSTANTIVE LAWS  OF
  THE STATE OF COLORADO WITHOUT REGARD TO CONFLICT OF LAW PROVISIONS.
<PAGE>
       Section 7.08.      Jurisdiction.     THE  PARTIES  HERETO   HEREBY
  IRREVOCABLY SUBMIT TO THE NON-EXCLUSIVE  JURISDICTION OF THE COURTS  OF
  THE STATE OF COLORADO AND THE UNITED STATES DISTRICT COURT OF  COLORADO
  IN ANY  ACTION  OR  PROCEEDING  ARISING OUT  OF  OR  RELATING  TO  THIS
  SERVICING AGREEMENT AND THE PARTIES  HEREBY IRREVOCABLY AGREE THAT  ALL
  CLAIMS IN  RESPECT  OF SUCH  ACTION  OR  PROCEEDING MAY  BE  HEARD  AND
  DETERMINED IN SUCH COURTS.   THE PARTIES  HEREBY IRREVOCABLY WAIVE,  TO
  THE FULLEST  EXTENT  IT  MAY  EFFECTIVELY DO  SO,  THE  DEFENSE  OF  AN
  INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING  AND
  IRREVOCABLY CONSENT TO THE SERVICE OF ANY SUMMONS AND COMPLAINT AND ANY
  OTHER PROCESS BY THE MAILING OF COPIES OF SUCH PROCESS TO THEM AT THEIR
  RESPECTIVE ADDRESSES AS SPECIFIED IN SECTION 7.06.  THE PARTIES  HEREBY
  AGREE THAT A FINAL JUDGMENT IN  ANY SUCH ACTION OR PROCEEDING SHALL  BE
  CONCLUSIVE AND MAY BE  ENFORCED IN OTHER JURISDICTIONS  BY SUIT ON  THE
  JUDGMENT OR  IN ANY  OTHER MANNER  PROVIDED BY  LAW.   NOTHING IN  THIS
  SECTION 7.08 SHALL AFFECT  THE RIGHT OF FPF  TO SERVE LEGAL PROCESS  IN
  ANY OTHER MANNER PERMITTED  BY LAW OR PRECLUDE  THE ENFORCEMENT OF  ANY
  JUDGMENT OR ORDER OBTAINED  IN SUCH FORUM OR  THE TAKING OF ANY  ACTION
  UNDER THIS SERVICING AGREEMENT TO ENFORCE SAME IN ANY OTHER APPROPRIATE
  FORUM OR JURISDICTION.

       Section 7.09.    Waiver of Jury Trial.  EACH OF THE PARTIES HEREBY
  IRREVOCABLY WAIVES  ALL  RIGHT  TO  A TRIAL  BY  JURY  IN  ANY  ACTION,
  PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS SERVICING
  AGREEMENT.

       Section 7.10.    Severability of Provisions.  Any part, provision,
  agreement, representation,  warranty  or  covenant  of  this  Servicing
  Agreement which is prohibited or unenforceable or is held to be void or
  unenforceable in any  jurisdiction shall, as  to such jurisdiction,  be
  ineffective to  the  extent  of such  prohibition  or  unenforceability
  without invalidating  the remaining  provisions  hereof, and  any  such
  prohibition  or  unenforceability   in  any   jurisdiction  shall   not
  invalidate  or  render  unenforceable  such  provision  in  any   other
  jurisdiction.  To the extent permitted  by applicable law, the  parties
  waive  any  provision  of  law  which  prohibits  or  renders  void  or
  unenforceable any provision  hereof.  If  the invalidity  of any  part,
  provision, agreement,  representation,  warranty or  covenant  of  this
  Servicing Agreement shall  deprive any  party of  the economic  benefit
  intended to be conferred by this Servicing Agreement, the parties shall
  negotiate in good faith to develop  a structure the economic effect  of
  which is as nearly as possible the  same as the economic effect of  the
  transactions contemplated hereunder without regard to such invalidity.

       Section 7.11.    Counterparts.   For the  purpose of  facilitating
  the execution of this Servicing Agreement and for other purposes,  this
  Servicing Agreement may  be executed  simultaneously in  any number  of
  counterparts, each of  which shall  be deemed  to be  an original,  and
  together shall constitute and be one and the same instrument.

       Section 7.12.     Captions.    The article,  paragraph  and  other
  headings  contained  in  this  Servicing  Agreement  are  inserted  for
  convenience only  and  shall not  in  any  way affect  the  meaning  or
  construction of any provision of this Servicing Agreement.
<PAGE>
       Section 7.13.    Legal Holidays.   In the case  where the date  on
  which any  action  required  to  be  taken,  document  required  to  be
  delivered or payment required to be made  is not a Business Day in  New
  York, New York or  Denver, Colorado, such  action, delivery or  payment
  need not be made on that date, but  may be made on the next  succeeding
  Business Day.

       Section 7.14.     Advice from  Independent Counsel.   The  parties
  understand that this Servicing Agreement is a legally binding agreement
  that may affect  such party's  rights.   Each party  represents to  the
  others that it  has received legal  advice from counsel  of its  choice
  regarding  the  meaning  and  legal  significance  of  this   Servicing
  Agreement and  that it  is satisfied  with its  legal counsel  and  the
  advice received from it.

       Section 7.15.    Judicial Interpretation.  Should any provision of
  this Servicing Agreement require judicial interpretation, it is  agreed
  that a court  interpreting or  construing the  same shall  not apply  a
  presumption that  the terms  hereof shall  be more  strictly  construed
  against any  Person  by reason  of  the  rule of  construction  that  a
  document is to be construed more strictly against the Person who itself
  or through its agent prepared the same, it being agreed that each party
  has participated in the preparation of this Servicing Agreement.

                         (SIGNATURE PAGE FOLLOWS)
<PAGE>
       IN WITNESS WHEREOF, the parties hereto have caused this  Servicing
  Agreement to be duly executed  by their respective authorized  officers
  as of the date first written above.

                                FPF, INC.

                                By
                                Name: Bruce I. Lundy
                                Title: President

                                Hallmark Finance Corporation, as Servicer

                                By
                                Name
                                Title

<PAGE>

                               EXHIBIT A-1

                           DAILY SERVICER REPORT

  Date of Report
  Date of Deposit

                    GROSS       NSF      OTHER NETTING     NET
  1.               DEPOSITS  DELETIONS     INTEREST      DEPOSIT
                   --------  ---------     --------      -------

  Specify Other Netting Items:

       The undersigned  [Name  of  Servicer]  (the  "Servicer")    hereby
  certifies that this report  complies with the  requirements of, and  is
  being delivered pursuant to, Section 2.10(a) of the Premium  Receivable
  Servicing  Agreement   (the   "Servicing  Agreement")   dated   as   of
  ________________, 199__ by and among FPF and the Servicer.  Capitalized
  terms used  and not  otherwise defined  herein shall  have the  meaning
  ascribed to such terms in the Servicing Agreement.

  Dated:                             [NAME OF SERVICER]

                                By
                                Name
                                Title

<PAGE>
                                EXHIBIT A-2

                          MONTHLY SERVICER REPORT

                             [To Be Provided]

       The undersigned  [Name  of  Servicer]  (the  "Servicer")    hereby
  certifies that this report  complies with the  requirements of, and  is
  being delivered pursuant to, Section 2.10(a) of the Premium  Receivable
  Servicing  Agreement   (the   "Servicing  Agreement")   dated   as   of
  ________________, 199__ by and among FPF and the Servicer.  Capitalized
  terms used  and not  otherwise defined  herein shall  have the  meaning
  ascribed to such terms in the Servicing Agreement.

  Dated:                             [NAME OF SERVICER]

                                By
                                Name
                                Title

<PAGE>
                                EXHIBIT B

                      REPRESENTATIONS AND WARRANTIES

       Section 1.       Representations  and Warranties  of the  Servicer
  with Respect  to  Section 4.01  of  the  Premium  Receivable  Servicing
  Agreement.

            (a)  Power and Authority.   The  Servicer has  the power  and
       authority to execute and deliver the Premium Receivable  Servicing
       Agreement and  to  carry  out the  terms  thereof;  there  are  no
       injunctions, writs, restraining orders or  any other order of  any
       nature which adversely affects  the Servicer's performance of  the
       Premium  Receivable  Servicing   Agreement  or  any   transactions
       contemplated thereby; and  no consent,  approval or  authorization
       which has not been  obtained is required  for the consummation  by
       the Servicer  of  the  transactions contemplated  by  the  Premium
       Receivable Servicing Agreement.

            (b)  No Violation.    The consummation  of  the  transactions
       contemplated by the Premium Receivable Servicing Agreement and the
       fulfillment of the terms thereof do  not conflict with, result  in
       any breach of any of the  terms and provisions of, nor  constitute
       (with or without  notice or lapse  of time) a  default under,  the
       certificate of incorporation  or bylaws  of the  Servicer, or  any
       indenture, agreement or other instrument to which the Servicer  is
       a party or by which it or  its properties is bound; nor result  in
       the creation or imposition of any Lien upon any of its  properties
       pursuant to the terms  of any such  indenture, agreement or  other
       instrument; nor violate any applicable laws, rules, regulations or
       orders regarding the  conduct of  the Servicer's  business or  the
       ownership of its  properties; nor violate  any law  or any  order,
       rule or regulation applicable to the  Servicer of any court or  of
       any federal or  state regulatory body,  administrative agency,  or
       other governmental  instrumentality having  jurisdiction over  the
       Seller  or  its  properties  except,   in  each  case,  for   such
       violations, conflicts, breaches,  Liens and  defaults which  could
       not, in the reasonable judgment of  the Servicer, have an  adverse
       effect on the condition (financial or otherwise) of the  Servicer,
       any Premium  Receivable or  the Servicer's  obligations under  the
       Premium Receivable Servicing Agreement.

            (c)  Ability to Perform.  There has been no impairment in the
       ability of Servicer to perform  its obligations under the  Premium
       Receivable Servicing Agreement.

            (d)  Financial  Statements.      The   Servicer's   financial
       statements dated as of December 31, 1998, as delivered to FPF  and
       the financial statements of the Servicer to be delivered  pursuant
       to Section 2.11  of  this  Servicing Agreement,  present  or  will
       present  fairly,  in  all   material  respects,  the   information
       presented therein, and no material adverse change has occurred  in
       the Servicer's financial status since the date thereof.

            (e)  No Material  Liabilities.   The Servicer  does not  have
       material liabilities or obligations other than those disclosed  in
       the financial statements referred to in subparagraph (d) above  or
       for which adequate reserves are reflected in such financials.
<PAGE>
            (f)  No Material Misstatements or Omissions.  No information,
       certificate of  an  officer,  statement furnished  in  writing  or
       report delivered  to  FPF  by the  Servicer  contains  any  untrue
       statement of a material fact or omits a material fact necessary to
       make  such  information,  certificate,  statement  or  report  not
       misleading; provided, that the Servicer makes no representation or
       warranty with  respect to  any  information incorporated  into  or
       forming the  basis  of  any  officer's  certificate,  information,
       statement or report provided by the  Servicer that is provided  to
       the Servicer by any other Person.

            (g)  Capability to Perform.  The Servicer has the  knowledge,
       the experience and the systems, financial and operational capacity
       available to  timely perform  each of  its obligations  under  the
       Premium Receivable Servicing Agreement.

            (h)  Other Agreements.  The  Servicer is not  a party to  any
       indenture, loan or credit agreement, lease or other instrument  or
       agreement which is likely to have a material adverse effect on the
       business, properties, assets,  operations or operation,  financial
       or otherwise, of the  Servicer or the ability  of the Servicer  to
       perform its obligations under this Servicing Agreement.

            (i)  No Material Adverse Change.  No material adverse  change
       has occurred  in  the  business,  properties,  operating  results,
       prospects,  assets,   operations   or  condition,   financial   or
       otherwise, of  the  Servicer  since  the  date  of  the  financial
       statements referred to in subparagraph (d) above.

       Section 2.        Representations and  Warranties with  Regard  to
  Section 4.01 and 4.02  of the Premium  Receivable Servicing  Agreement.
  (References in  this Section 2  to "such  Person" refer  to the  Person
  making  the  representation  and  warranty  pursuant  to  the   Premium
  Receivable Servicing Agreement.)

            (a)  Organization, Etc. Such Person is duly organized and  is
       validly existing as a corporation or limited liability company, as
       the case may be, in good standing  under the laws of the state  of
       its organization  with full  power and  authority to  execute  and
       deliver the Premium Receivable Servicing Agreement and to  perform
       the terms and provisions thereof.

            (b)  Due Qualification.  Such Person is duly qualified to  do
       business as a foreign  business entity in  good standing, and  has
       obtained all  required  licenses and  approvals,  if any,  in  all
       jurisdictions in which the ownership or  lease of property or  the
       conduct of its business requires such qualifications except  those
       jurisdictions in which failure to be  so qualified would not  have
       an adverse effect on the business or operations of such Person  or
       any Premium Receivable.
<PAGE>
            (c)  Due  Authorization.     The   execution,  delivery   and
       performance by  such Person  of the  Premium Receivable  Servicing
       Agreement have been  duly authorized  by all  necessary action  of
       such Person,  do  not  require any  approval  or  consent  of  any
       governmental agency or  authority, do  not and  will not  conflict
       with any provision of  its constituent documents,  and do not  and
       will  not  conflict  with  or  result  in  a  breach  which  would
       constitute (with or  without notice or  lapse of  time) a  default
       under any  agreement  binding upon  or  applicable to  it  or  its
       property, or any  law or governmental  regulation or court  decree
       applicable to it or its property.

            (d)  No  Litigation.     No   litigation  or   administrative
       proceeding of or before any  court, tribunal or governmental  body
       is presently pending,  or threatened, against  such Person or  its
       properties,  which,  if   adversely  determined   could,  in   the
       reasonable opinion of such Person, have  an adverse effect on  the
       transactions contemplated  by  the  Premium  Receivable  Servicing
       Agreement or  on  such Person's  ability  to perform  any  of  its
       obligations thereunder.

            (e)  Enforceability.    The   Premium  Receivable   Servicing
       Agreement constitutes the valid,  legal and binding obligation  of
       such Person, enforceable  against such Person  in accordance  with
       the terms thereof, subject  to applicable bankruptcy,  insolvency,
       reorganization,  moratorium   and   other   laws   affecting   the
       enforcement  of  creditor's  rights   generally  and  to   general
       principles of equity,  regardless of whether  such enforcement  is
       considered in a proceeding in equity or at law.

       Section 3.       Survival of Representations and Warranties.   The
  representations and  warranties  set  forth  in  this  Exhibit B  shall
  survive the date of the Premium  Receivable Servicing Agreement.   Upon
  discovery of  a breach  of any  of  the foregoing  representations  and
  warranties, the party discovering such breach shall give prompt written
  notice to the other party thereto;  provided, however, that failure  to
  give such notice shall not affect the rights of such other parties with
  respect to such breach.
<PAGE>
                                 EXHIBIT C

                             POWER OF ATTORNEY

       Hallmark Finance Corporation, a corporation organized and existing
  under the laws of the State of Texas (the "Servicer"), hereby grants to
  FPF, INC. ("FPF") pursuant to that certain Premium Receivable Servicing
  Agreement, dated as of _____________ ___, 199_, among the Servicer  and
  FPF, Inc., as the same may  be amended or otherwise modified from  time
  to time (the "Servicing Agreement"), an irrevocable power of  attorney,
  with full power of substitution, coupled with an interest, to take  any
  and all actions at the option of FPF  or its assigns at any time  after
  the occurrence and  during the continuance  of any  Event of  Servicing
  Default, in the name  of the Servicer or  its assigns, to execute  such
  documents or instruments  and to do  and accomplish all  other acts  or
  things necessary or  appropriate to  effect the  transfer of  servicing
  rights under the Servicing Agreement.

       Capitalized terms used and not otherwise defined herein shall have
  the meaning ascribed to such terms in the Servicing Agreement.

       IN WITNESS WHEREOF, the undersigned  a duly authorized officer  of
  [Name  of  Servicer]  hereunto  sets  his  hand  this  _______  day  of
  __________, 199_.

                                Hallmark Finance Corporation

                                By
                                Name
                                Title

  STATE OF ___________     )
                           )    ss:
  COUNTY OF __________     )

       BE IT  REMEMBERED, that  on this  ___ day  of ____________,  199_,
  before me the undersigned,  a Notary Public in  and for the County  and
  State aforesaid, came ______________,  a _________________ of  Hallmark
  Finance Corporation,  a corporation  duly organized,  incorporated  and
  existing under and by  virtue of the laws  of Texas, who is  personally
  known to me to be such officer, and who is personally known to me to be
  the same person who executed, as such officer, the within instrument on
  behalf of  said  corporation, and  such  person duly  acknowledged  the
  execution of the same to be the act and deed of said corporation.

       IN WITNESS WHEREOF,  I have hereunto  set my hand  and affixed  my
  official seal, the day and year last above written.

                                Notary Public

  My commission expires:
  EXHIBIT A-1         FORM OF SERVICER'S DAILY REPORT
  EXHIBIT A-2         FORM OF SERVICER'S MONTHLY REPORT
  EXHIBIT B           REPRESENTATIONS AND WARRANTIES
  EXHIBIT C           POWER OF ATTORNEY
<PAGE>

                               TABLE OF CONTENTS

                                                                     Page
                                                                     ----
                                 ARTICLE I

  DEFINITIONS                                                          1

                                ARTICLE II

            ADMINISTRATION AND SERVICING OF PREMIUM RECEIVABLES

  Section 2.01...Appointment and Duties of Servicer                    3
  Section 2.02...Collection of Premium Receivable Payments             3
  Section 2.03...Past-Due Premium Receivables; Cancelled Premium
                 Receivables                                           4
  Section 2.04...Defaulted Premium Receivables                         4
  Section 2.05...Maintenance of Interests in Premium Receivables       5
  Section 2.06...Covenants of Servicer                                 5
  Section 2.07...Reacquisition of Premium Receivables Upon Breach of
                 Representations or Warranties                         5
  Section 2.08...Premium Receivable Servicing Fees                     6
  Section 2.09...Servicer's Certificate as to Compliance               6
  Section 2.10...Reporting Obligations; Inspection and Audit Rights    7
  Section 2.11...Financial Statements and Other Reports                7
  Section 2.12...Costs and Expenses                                    9
  Section 2.13...Responsibility for Ownership Interests                9
  Section 2.14...Documents Held by FPF; Documents Held by the
                 Servicer; Indication of FPF Ownership                 9
  Section 2.15...Maintenance of Computer Systems                      10
  Section 2.16...Standard of Care                                     10
  Section 2.17...Enforcement                                          11
  Section 2.18...Fidelity Bond or Errors and Omissions Insurance      11

                                ARTICLE III

                           ACCOUNTS; COLLECTIONS

  Section 3.01...Accounts                                             11
  Section 3.02...Collections                                          12
  Section 3.03...Collections Account Depository                       12

                                ARTICLE IV

                      REPRESENTATIONS AND WARRANTIES

  Section 4.01...Representations and Warranties of the Servicer       12
  Section 4.02...Representations and Warranties of FPF                12

<PAGE>

                            TABLE OF CONTENTS

                                (continued)
                                                                     Page
                                                                     ----
                                 ARTICLE V

                      DEFAULT, REMEDIES AND INDEMNITY

  Section 5.01...Events of Servicing Default                          12
  Section 5.02...Remedies                                             13
  Section 5.03...Indemnity by the Servicer                            14
  Section 5.04...Waiver of Events of Servicing Default                15
  Section 5.05...Survival                                             15

                                ARTICLE VI

                    TERMINATION OF SERVICING AGREEMENT

  Section 6.01...Term                                                 15

                                ARTICLE VII

                         MISCELLANEOUS PROVISIONS

  Section 7.01...No Offset                                            15
  Section 7.02...Powers of Attorney                                   15
  Section 7.03...Assignments; Third Party Beneficiaries               16
  Section 7.04...Amendment                                            16
  Section 7.05...Waivers                                              16
  Section 7.06...Notices                                              16
  Section 7.07...Governing Law                                        17
  Section 7.08...Jurisdiction                                         17

  Section 7.09...Waiver of Jury Trial                                 17
  Section 7.10...Severability of Provisions                           17
  Section 7.11...Counterparts                                         18
  Section 7.12...Captions                                             18
  Section 7.13...Legal Holidays                                       18
  Section 7.14...Advice from Independent Counsel                      18
  Section 7.15...Judicial Interpretation                              18

                             TABLE OF CONTENTS
                                (continued)
                                                                     Page
                                                                     ----

  EXHIBIT A-1    FORM OF SERVICER'S DAILY REPORT
  EXHIBIT A-2    FORM OF SERVICER'S MONTHLY REPORT
  EXHIBIT B      REPRESENTATIONS AND WARRANTIES
  EXHIBIT C      POWER OF ATTORNEY

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00004-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00004-of-00352.parquet"}]]