Prospectus Supplement (To Prospectus Supplement Dated June 24, 1997 and Prospectus Dated December 10, 1996) $285,005,924 Mortgage Pass-Through Certificates, Series 1997-2 ICIFC Secured Assets Corp. Company The following statements in the above-referenced Prospectus Supplement dated June 24, 1997 are restated as indicated below: 1. Under the heading "Allocation of Available Funds" on Pages S-44 and S-45, paragraphs (A)third(a)(iii) through (viii) are restated by multiplying each of the percentages thereunder by one hundred. - ----------------------------- Salomon Brothers Inc ----------------------------------------------------------------------- The date of this Prospectus Supplement is July 16, 1997.