Offering Memorandum. Specializing In "Strong Franchise High Cash Flow" Hotel Sales. QUALITY INN DFW AIRPORT DALLAS TEXAS

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1 QUALITY INN DFW AIRPORT DALLAS TEXAS Offering Memorandum Presented By: Naik Subhash Making Deals Happen CalBRE # Dustin Hughey Agent TX# Specializing In "Strong Franchise High Cash Flow" Hotel Sales.

2 8205 ESTERS BLVD IRVING, TX Quality Inn DFW Airport Irving TX CONFIDENTIALITY & DISCLAIMER All materials and information received or derived from Hotel Brokers Inc its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party s intended use or any and all other matters. Neither Hotel Brokers Inc its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party s active conduct of its own due diligence to determine these and other matters of significance to such party. Hotel Brokers Inc will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Hotel Brokers Inc makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Hotel Brokers Inc does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Hotel Brokers Inc in compliance with all applicable fair housing and equal opportunity laws. Presented By: 5414 Pelican Hill Drive Bakersfield, CA Naik Subhash Making Deals Happen naik@hotelbrokersinc.com Specializing In "Strong Franchise High Cash Flow" Hotel Sales.

3 8205 ESTERS BLVD IRVING, TX Quality Inn DFW Airport Irving TX EXECUTIVE SUMMARY OFFERING SUMMARY List Price: $9,250,000 Number Of Rooms: 150 Occupancy 85.00% Proj 2018: ADR $60.00 Proj 2018: PROPERTY OVERVIEW Hotel Brokers is pleased to announce the Exclusive Listing for sale of the 3 Story Interior Quality Inn DFW Airport Dallas in Texas completely renovated (Zero PIP) with 150 Rooms. Renovation Cost was $1,650,000. in The Hotel Offers spacious rooms, with refrigerator/microwave, Q Bed features a comfortable premium mattress and linens, a lobby, a breakfast/lounge area, and a laundry room. The Property is a Money Maker.Profitable NOW. New buyer will be able to dramatically increase NET INCOME & PROFITABILITY & Cash on Cash Return, simply by Increasing rates by $10 from $50.00 to $60.00 and reducing Occupancy to 80% and hence reducing Expenses. Cap Rate Proj 2018: Room Gross X: Actual 11.94% $2,792,250 The Hotel is being sold is unencumbered by management, offering complete operational flexibility for a new owner. LOCATION OVERVIEW Unique opportunity to acquire a stabilized Choice hotel in the highly desired Irving submarket, a principal city located minutes from Dallas/Fort Worth International Airport, the 3rd busiest airport in the world. HOTEL BROKERS INC Page 3

4 8205 ESTERS BLVD IRVING, TX Quality Inn DFW Airport Irving TX ADDITIONAL PHOTOS HOTEL BROKERS INC Page 4

5 8205 ESTERS BLVD IRVING, TX Quality Inn DFW Airport Irving TX ADDITIONAL PHOTOS HOTEL BROKERS INC Page 5

6 8205 ESTERS BLVD IRVING, TX Quality Inn DFW Airport Irving TX ARIAL MAP HOTEL BROKERS INC Page 6

7 8205 ESTERS BLVD IRVING, TX Quality Inn DFW Airport Irving TX MARKETING DEAL ANALYZER Quality Inn DFW Airport Irving TX (Dallas) BUYERS DEAL ANALYZER NEW BUYER NEW BUYER Based on P&L Actual Projected 2019 Projected Offer Price 9,250,000 9,250,000 9,250,000 Estimated Renovation (PIP) - - Total Project Cost 9,250,000 9,250,000 9,250,000 Number of Rooms Occupancy 94.70% 85.00% 88.00% CASH ACCOUNTING ADR $ $ $ Year end 2017 December Room Revenue $ 2,603,126 $ 2,792,250 $ 2,987,160 Room Rev Per P&L $ 2,936,097 Other Revenue $ 36,145 $ 36,145 $ 36,145 Other Rev Total Revenue $ 2,639,271 $ 2,828,395 $ 3,023,305 Actual Room Revenue $ 2,936,097 Net Operating Income 925,871 1,187,926 1,269,788 3% Management 78,094 83,768 89,615 4% FF&E Reserves ADJUSTED NOI $$ 847,777 1,104,158 1,180,173 NOI % Before Mgmt & Reserves 35.08% 42.00% 42.00% NOI% After Mgmt & FF&E Reserves 32.12% 39.04% 39.04% Income Per P&L $ 2,936,097 KEY RATIOS Revenue Per Room 17,354 18,615 19,914 Net Income per P&L $ 852, % Cap Rate After PIP 9.17% 11.94% 12.76% Room Gross Multiplier After PIP Price per Room AFTER PIP 61,667 61,667 61,667 ADD BACKS TO NOI Renovation Payroll $ 40,000 FINANCIAL ANALYSIS Maintence for Renovations $ 20,000 Total Project Cost $ 9,250,000 $ 9,250,000 $ 9,250,000 Painting Renovation $ 23,246 Down Payment % 20.00% 20.00% 20.00% Proff fees Management Fees $ 27,419 Cash Down Payment (Estimate) $ 1,850,000 $ 1,850,000 $ 1,850,000 ADD Property Tax $ 66,531 SELLER LOAN(2nd) If Approved $ 0 $ 0 $ 0 Total Down + Secondary Financing $ 1,850,000 $ 1,850,000 $ 1,850,000 Total ADD BACKS $ 177,196 SBA LOAN $ 7,400,000 $ 7,400,000 $ 7,400, % 80.00% 80.00% ADJUSTED NOI & NOI % $ 1,029, % NOI% After Mgmt & FF&E Reserves 847,777 1,104,158 1,180,173 1st Loan Payment $ 545,310 $ 545,310 $ 545,310 2nd loan from Seller $ 0 $ 0 $ 0 Total Mortgage Payment $ 545,310 $ 545,310 $ 545,310 Profit After Mortgage (Debt) 302, , ,864 Cash On Cash Return 16.35% 30.21% 34.32% Principle Reduction Annual (Estimate) $ 141,850 $ 141,850 $ 141,850 Total Annual Profit $ 444,317 $ 700,699 $ 776,714 NET Cash on Cash Return 24.02% 37.88% 41.98% Debt coverage Ratio BANK HOTEL BROKERS INC Page 7

8 Tab 2 - Monthly Performance at a Glance - My Property vs. Competitive Set Quality Inn DFW Airport Irving 8205 Esters Blvd Irving, TX Phone: (972) STR # 9131 ChainID: TX344 MgtCo: None Owner: None For the Month of: December 2017 Date Created: January 18, 2018 Monthly Competitive Set Data Excludes Subject Property December 2017 Occupancy (%) ADR RevPAR My Prop Comp Set Index (MPI) My Prop Comp Set Index (ARI) My Prop Comp Set Index (RGI) Current Month Year To Date Running 3 Month Running 12 Month December 2017 vs Percent Change (%) Occupancy ADR RevPAR My Prop Comp Set Index (MPI) My Prop Comp Set Index (ARI) My Prop Comp Set Index (RGI) Current Month Year To Date Running 3 Month Running 12 Month The STR STAR Report is a publication of STR, Inc. and STR Global, Ltd., and is intended solely for use by paid subscribers. Reproduction or distribution of the STR STAR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to the STR STAR Report, please contact us immediately. Source: 2018 STR, Inc. / STR Global, Ltd. trading as STR.

9 Tab 4 - Competitive Set Report Quality Inn DFW Airport Irving 8205 Esters Blvd Irving, TX Phone: (972) STR # 9131 ChainID: TX344 MgtCo: None Owner: None For the Month of: December 2017 Date Created: January 18, 2018 Monthly Competitive Set Data Excludes Subject Property Monthly Indexes RevPAR Percent Change Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year to Date Running 3 Month Running 12 Month Occupancy Index (MPI) ADR Index (ARI) RevPAR Index (RGI) 100 % My Property Competitive Set Occupancy (%) Year To Date Running 3 Month Running 12 Month Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec My Property Competitive Set Index (MPI) Rank 1 of 6 2 of 6 2 of 6 1 of 6 1 of 6 1 of 6 1 of 6 1 of 6 1 of 6 1 of 6 1 of 6 1 of 6 1 of 6 2 of 6 2 of 6 1 of 6 2 of 6 2 of 6 1 of 6 1 of 6 1 of 6 1 of 6 1 of 6 2 of 6 1 of 6 1 of 6 1 of 6 % Chg My Property Competitive Set Index (MPI) Rank 4 of 6 4 of 6 5 of 6 4 of 6 5 of 6 5 of 6 6 of 6 3 of 6 5 of 6 4 of 6 4 of 6 3 of 6 4 of 6 4 of 6 4 of 6 4 of 6 2 of 6 2 of 6 5 of 6 3 of 6 4 of 6 5 of 6 5 of 6 2 of 6 5 of 6 3 of 6 4 of 6 ADR Year To Date Running 3 Month Running 12 Month Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec My Property Competitive Set Index (ARI) Rank 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 3 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 4 of 6 % Chg My Property Competitive Set Index (ARI) Rank 1 of 6 2 of 6 3 of 6 1 of 6 2 of 6 2 of 6 2 of 6 3 of 6 4 of 6 2 of 6 2 of 6 3 of 6 3 of 6 2 of 6 2 of 6 4 of 6 1 of 6 4 of 6 5 of 6 2 of 6 2 of 6 5 of 6 2 of 6 2 of 6 5 of 6 2 of 6 2 of 6 RevPAR Year To Date Running 3 Month Running 12 Month Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec My Property Competitive Set Index (RGI) Rank 3 of 6 3 of 6 3 of 6 3 of 6 3 of 6 3 of 6 3 of 6 3 of 6 3 of 6 3 of 6 3 of 6 3 of 6 3 of 6 2 of 6 3 of 6 3 of 6 2 of 6 1 of 6 3 of 6 3 of 6 3 of 6 3 of 6 3 of 6 2 of 6 3 of 6 3 of 6 3 of 6 % Chg My Property Competitive Set Index (RGI) Exchange Rate Rank 3 of 6 4 of 6 5 of 6 4 of 6 5 of 6 5 of 6 5 of 6 3 of 6 4 of 6 3 of 6 2 of 6 3 of 6 3 of 6 4 of 6 3 of 6 4 of 6 1 of 6 2 of 6 6 of 6 4 of 6 3 of 6 5 of 6 5 of 6 2 of 6 6 of 6 4 of 6 3 of 6 The STR STAR Report is a publication of STR, Inc. and STR Global, Ltd., and is intended solely for use by paid subscribers. Reproduction or distribution of the STR STAR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to the STR STAR Report, please contact us immediately. Source: 2018 STR, Inc. / STR Global, Ltd. trading as STR.

10 Tab 5 - Response Report Quality Inn DFW Airport Irving 8205 Esters Blvd Irving, TX Phone: (972) STR # 9131 ChainID: TX344 MgtCo: None Owner: None For the Month of: December 2017 Date Created: January 18, 2018 This Year Dec 13th - First Day of Hanukkah Dec 24th - Christmas Eve Dec 25th - Christmas Dec 26th - First Day of Kwanzaa Dec 31st - New Year's Eve Last Year Dec 24th - Christmas Eve Dec 25th - Christmas Dec 25th - First Day of Hanukkah Dec 26th - First Day of Kwanzaa Dec 31st - New Year's Eve Sun December 2017 (This Year) Mon Tue 5 12 Wed Thu Fri Sat December 2016 (Last Year) Sun Mon Tue Wed Thu Fri Sat STR# Name City, State Zip Phone Rooms Open Date 9131 Quality Inn DFW Airport Irving Irving, TX (972) Days Inn Irving Dallas Fort Worth Airport Irving, TX (972) Red Roof Inn Dallas DFW Airport North Irving, TX (972) Motel 6 Dallas Fort Worth Airport North Irving, TX (972) Comfort Inn Dallas Fort Worth Airport North Irving, TX (972) Sleep Inn Dallas Fort Worth North Irving Irving, TX (972) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr Data received: = Monthly Only = Monthly & Daily May Jun Jul Aug Sep Oct Nov Dec The STR STAR Report is a publication of STR, Inc. and STR Global, Ltd., and is intended solely for use by paid subscribers. Reproduction or distribution of the STR STAR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to the STR STAR Report, please contact us immediately. Source: 2018 STR, Inc. / STR Global, Ltd. trading as STR.

11 8205 ESTERS BLVD IRVING, TX Quality Inn DFW Airport Irving TX LOCATION MAPS HOTEL BROKERS INC Page 11

12 PRAMUKHRAJ IRVING LLC PROFIT AND LOSS January - December 2017 TOTAL Income Income American Express Deposit 427, Branch Deposit 302, Choice Priviledges/SRD 16, Visa, Master, Discover Deposit 2,189, Total Income 2,936, Other Income 1, Sales Tax City Occupancy Tax -214, State Occupancy Tax -144, Total Sales Tax -358, Total Income $2,578, GROSS PROFIT $2,578, Expenses Advertising 2, Automobile Expense Shuttle Vans 4, Toll Tags 24, Total Automobile Expense 28, Bank Charges 1, CC Processing Fees 49, Total Bank Charges 50, Chargeback Chargeback-AMEX Chargeback-FDMS 8, Total Chargeback 8, Commission Booking.com 83, Expedia 22, Total Commission 106, Dues & Subscriptions 1, Equipment Rental Franchise Fees Choice Franchise Billing 263, CP/SRD Redemptions 16, Total Franchise Fees 279, Freight for LVT/Carpets Gasoline 11, Insurance Auto Insurance Shuttle Van Auto Insurance 6, Cash Basis Tuesday, January 9, :44 PM GMT-8 1/3

13 TOTAL Total Auto Insurance 6, Property Insurance 31, Total Insurance 37, Licenses and Permits Painting Contract 23, Payroll Expenses Employees Compensation 522, Total Payroll Expenses 522, Payroll processing fees 1, Payroll Taxes 0.00 Employee Taxes 36, Total Payroll Taxes 36, Professional Services 27, Accounting 3, Total Professional Services 31, Repair & Maintenance 65, Landscaping Total Repair & Maintenance 65, Services Laundry 10, Pest Control 5, Total Services 16, Supplies & Materials Breakfast and Food Supplies 132, Office Supplies 6, Supplies - Rooms 120, Non-recurring Exp 84, Total Supplies - Rooms 204, Total Supplies & Materials 343, Taxes Paid Property Tax Property-Hotel 43, Total Property Tax 43, Total Taxes Paid 43, Telephone Cable 25, Phone/Internet Phone/Int-Hotel 8, Total Phone/Internet 8, Total Telephone 34, Utilities Electricity Electricity-Hotel 38, Total Electricity 38, Gas Gas-Hotel 10, Total Gas 10, Cash Basis Tuesday, January 9, :44 PM GMT-8 2/3

14 TOTAL Trash Removal 6, Water Water-Hotel 24, Total Water 24, Total Utilities 79, Total Expenses $1,725, NET OPERATING INCOME $852, NET INCOME $852, Cash Basis Tuesday, January 9, :44 PM GMT-8 3/3

15 8205 ESTERS BLVD IRVING, TX Quality Inn DFW Airport Irving TX DEMOGRAPHICS MAP POPULATION 1 MILE 5 MILES 10 MILES TOTAL POPULATION 2, , ,630 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS , ,900 # OF PERSONS PER HH AVERAGE HH INCOME $152,617 $86,174 $81,077 AVERAGE HOUSE VALUE $414,125 $286,066 $234,139 * Demographic data derived from 2010 US Census HOTEL BROKERS INC Page 15

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17 8205 ESTERS BLVD IRVING, TX Quality Inn DFW Airport Irving TX BIOGRAPHY 1 NAIK SUBHASH Making Deals Happen 5414 Pelican Hill Drive Bakersfield, CA T naik@hotelbrokersinc.com CalBRE # Professional Background Subhash Naik is an accomplished professional offering an impressive track record in Commercial Real Estate. Mr. Naik s colleagues would best describe him as a focused, management-driven, profit-oriented business analyst with superior problem solving ability. He is acknowledged as a top performer in key client relationship management and a driving force in asset origination. He is skilled in leading the development of project financing through astute financial modeling, as well as experienced in analyzing financials and assessing risk, building and implementing risk management strategies and asset management protocols, He brings these skills to serve the needs of his clients and help them profit from his over three decades of experience in hospitality management. Mr. Naik s education and practical expertise has given him insight into the asset management of both single properties and large portfolios. He is equally at home working with an individual owner on a single asset acquisition as he is working with an institutional executive intent on the strategic re-direction of a company. I enjoy variety and find it is truly the spice of business life, explains Mr. Naik. My background is diverse, from growing up in a family that owned and managed restaurants and hotels, to an education in England, and moved to Australia and the United States for work. My professional life has brought me into contact with some of the industry s top leading investors. I find that my wide-range experience enables me to read people effectively and deliver the best possible outcomes for each and all of my clients. Mr. Naiks skill set allows him to analyze, recognize and maximize the potential of a company and/or property. Due to his business expertise, he encompasses a life long background in hospitality management, including acquisitions, development, franchising, financing and marketing. He is ideally prepared and equipped to assist Hotel Brokers, Inc. clients in making the optimal hospitality transactions. Mr. Naik specializes in finding mid to upper mid-scale franchised hotels with High Cash Flow and/or High Equity Potential Deals, allowing a buyer to start making profits immediately; rather than waiting to remodel, franchise and re-build the business. Mr. Naik targets hotels that produce a minimum twenty percent (20%) Cash on Cash Return for buyer, from the beginning. Once under contract, Naik has a eighty five percent (85%) closing ratio, due to him paying special attention to the buyer/seller and lenders needs to bring the deal to a successful close. Mr. Naik is recognized for his strong negotiation skills and ability to foster collaborative relationships with clients, external consultants, legal professionals, loan committee, and regulatory authorities. His slogan is Making Deals Happen, and Mr. Naik s track record and closing ratios has proved him truthful. Education Thames Polytechnic London, England B.Sc. Computers & Communications Systems September June 1984 Croydon College Croydon, England Advanced Level Education September June 1982 Mathematics - Computer Studies - Physics Westminster City Grammar School London, England Ordinary Level Education September June 1980 Mathematics - Physics - Computer Science - Chemistry Technical Drawing - English - Geography HOTEL BROKERS INC Page 17

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19 Information About Brokerage Services Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. 11/2/2015 TYPES OF REAL ESTATE LICENSE HOLDERS: A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker. A BROKER'S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker's own interests; Inform the client of any material information about the property or transaction received by the broker; Answer the client's questions and present any offer to or counter-offer from the client; and Treat all parties to a real estate transaction honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker's minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer's agent. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer's agent must perform the broker's minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller's agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary: Must treat all parties to the transaction impartially and fairly; May, with the parties' written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction. Must not, unless specifically authorized in writing to do so by the party, disclose: that the owner will accept a price less than the written asking price; that the buyer/tenant will pay a price greater than the price submitted in a written offer; and any coincidental information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law. AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker's duties and responsibilities to you, and your obligations under the representation agreement. Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker's services. Please acknowledge receipt of this notice below and retain a copy for your records. Wiler & Associates, Inc hwiler@austin.rr.com (512) Licensed Broker /Broker Firm Name or License No. Phone Primary Assumed Business Name Holland A. Wiler hwiler@austin.rr.com (512) Designated Broker of Firm License No. Phone Licensed Supervisor of Sales Agent/ License No. Phone Associate Dustin A. hughey dustinhughey1@gmail.com (512) Sales Agent/Associate's Name License No. Phone Buyer/Tenant/Seller/Landlord Initials Date Regulated by the Texas Real Estate Commission Information available at IABS 1-0 Date Wiler &Associates Real Est Inc, El Camino Road Austin, TX Phone: (512) Fax: (512) IABS Dustin Hughey Produced with zipform by ziplogix Fifteen Mile Road, Fraser, Michigan

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