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EXHIBIT 99.1
CERTIFICATE OF TRUST
OF
BANK UNITED CORP.
PAYMENT RIGHTS TRUST
This Certificate of Trust is being duly executed and filed on behalf
of the business trust formed hereby by the undersigned, being the trustees of
the Trust, to form a business trust pursuant to the Delaware Business Trust Act
(12 DEL. C. ss.ss. 3801 ET SEQ.).
ARTICLE I
The name of the business trust formed hereby is Bank United Corp.
Payment Rights Trust (the "Trust").
ARTICLE II
The name and address of the Trustee of the Trust having its
principal place of business in the State of Delaware is:
FIRST UNION TRUST COMPANY
Rodney Square, Suite 102
920 King Street
New Castle County
Wilmington, Delaware 19801
ARTICLE III
This Certificate of Trust may be executed in counterparts and shall
become effective upon filing in the Office of the Secretary of State of the
State of Delaware.
IN WITNESS WHEREOF, the undersigned trustee has caused this
Certificate of Trust to be duly executed as of the day and year first above
written.
FIRST UNION TRUST
COMPANY,
not in its individual capacity but
solely
as the Delaware Trustee of the
Trust
By: /s/ Stephen Kaba
-------------------
Name: Stephen Kaba
Title: Vice President
