American Business Financial Services Inc Watch

from 10-Q 1 page <page> Jpmorgan Jpmorgan Chase Bank Global Trade Services March 28, 2003 L/C No.: D-233079 Amendment No: 3 Advising Bank ********* Direct ********* Applicant: American Business Financial Services, Inc. 111 Presidential Blvd., Ste 215 Bala Cynwyd, Pa 19004 Beneficiary Wanamaker, L.L.C. C/O Amerimar Wanamaker Management Co. 210 W. Rittenhouse Square, Ste 1900 Philadelphia, Pa 19103 in Accordance With Instructions Received, the Above-Referenced Letter of Credit Has Been Amended as Follows: 1 - Letter of Credit Amount Is Increased by Usd 2,000,000.00 (Two Million and 00/100 United States Dollars). 2 - The Aggregate Amount Now Available Under This Letter of Credit Is Usd 8,000,000.00 (Eight Million and 00/100 United States Dollars). All Other Terms and Conditions of the Credit Remain Unchanged. Authorized Signature

from 10-Q ~5 pages Committed Line of Credit Note

from 10-Q >50 pages 3/2 AMENDED&RESTATED Sr. Secured Credit Agreement

from 10-Q ~50 pages Credit Agreement With First Union National Bank

from S-2 ~50 pages Amendments to Credit Agreement

from SB-2 ~50 pages Loan and Security Agreement

from 10KSB ~50 pages Loan and Security Agreement