© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.

Original Co-Owner OfferOctober 26, 2009

© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.

Loan Modification Requested• Length

– 18 months • Interest payments

– None for 2 months– Reduced by 50% for 16 months– Actual reduction

• Principal payments– None

• Fees & costs– None

• $90K contributed by Co-Owners• Option to extend the loan• Option to roll up

© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.

Substantial differences existLender’s terms seem too onerous