May 1st 2011

John Carella Intervest bank.

5 year ext  /12 years left

same rate and terms 6 1/8%

need appraisal

120% debt service  dscr income 
266k 174k 1.5 ratio

1% ext bal 1.488560 fee

8500 exit fee due and payable

new exit fee 5% first 4% 3% 2 1

$3500 appaisal fee

$2500 atty fee