Wendt
Fully subscribed - settled 07.03.08

Distribution Rate: 10.00% per annum net payable to you
Loan Amount: $637,000.00
Type of Security: First Registered Mortgage over real property situate 292 Haigslea Road, Haigslea, Queensland.
Purpose of Loan :

Realignment of 32.62 hectare parcel of land allowing for three separate lots to be created, one to be 55 acres and the other two to be 12.5 acres each.

Loan Term : Twelve (12) Months
Loan to Value Ratio: 74.9%