Potential Financing

Mr. Dave Tellem, a partner with George Elkins Mortgage Banking Company, preliminary evaluated the potential financing options and believes the following loan can be obtained:

First TD:  $1,100,000

Terms:    1.85% over the 10 Year Treasury Bill. 5.75% as of 3/29/04.  30 year amortization with a  10 year due date.

For further financing on this transaction on this or any other commercial properties, please contact Mr. Tellem directly at 310-207-3456.  Kenco Realty has used the services of George Elkins on other real estate transactions with positive results and borrower satisfaction.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.