Attached files

file filename
8-K - 8-K - CORUS BANKSHARES INCc95993e8vk.htm
EX-99.8 - EXHIBIT 99.8 - CORUS BANKSHARES INCc95993exv99w8.htm
EX-99.4 - EXHIBIT 99.4 - CORUS BANKSHARES INCc95993exv99w4.htm
EX-99.7 - EXHIBIT 99.7 - CORUS BANKSHARES INCc95993exv99w7.htm
EX-99.5 - EXHIBIT 99.5 - CORUS BANKSHARES INCc95993exv99w5.htm
EX-99.6 - EXHIBIT 99.6 - CORUS BANKSHARES INCc95993exv99w6.htm
EX-99.3 - EXHIBIT 99.3 - CORUS BANKSHARES INCc95993exv99w3.htm
EX-99.1 - EXHIBIT 99.1 - CORUS BANKSHARES INCc95993exv99w1.htm

Exhibit 99.2

(BANK LOGO)

THE BANK OF NEW YORK MELLON

The Bank of New York Mellon, N.A.

DECLARATION OF ACCELARATION OF MATURITY FOR CORUS STATUTORY TRUST II

January 29, 2010

TO:

The Bank of New York Mellon Trust Company, N.A., as Property Trustee and as Note Trustee
Attn: Corporate Trust Administration
101 Barclay Street
New York, NY 10286

Corus Bankshares, Inc., as Depositor
Attn: Chief Financial Officer
3959 N. Lincoln Avenue
Chicago, IL 60613

CC:

Trapeza Capital Management, LLC, as Collateral Manager for Trapeza CDO IV, LLC
441 Vine Street
Suite 1300
Cincinnati, OH 45202

With reference to the Junior Subordinated Indenture (the “Indenture”) between Corus Bankshares, Inc. and The Bank of New York Mellon Trust Company, N.A. (as successor to The Bank of New York) dated as of June 24, 2003, and with reference to the Amended and Restated Trust Agreement (the “Trust Agreement”) among Corus Bankshares, Inc., The Bank of New York Mellon Trust Company, N.A. (as successor to The Bank of New York) and the Administrative Trustees named therein dated as of June 24, 2003 and relating to Corus Statutory Trust II. Capitalized terms used but not defined herein have the respective meanings given to such terms in the Trust Agreement.

Pursuant to Section 6.10(a) of the Trust Agreement and with reference to the Note Event of Default which occurred on September 11, 2009, Trapeza CDO IV, LLC, as holder of $11,000,000.00 of Preferred Securities (CUSIP 22087PAA2), via The Bank of New York Mellon, N.A. as trustee, declares the principal amount of all the Notes to be due and payable immediately.

Should you have any questions, please contact Joe Christianson at (713) 483-7878.

THE BANK OF NEW YORK MELLON, N.A., as trustee for Trapeza CDO IV, LLC

601 Travis St
16th Floor
Houston, TX 77002