COMMERCIAL PROPERTY INSPECTION REPORT

Inspection Co.: Management Co.:

Address: Address:

City/State/Zip: City/State/Zip:

Telephone #: 214-237-0388 Telephone #: 214-863-

Inspector (Print): Contact Name:

Asset Number: 100-181004735 Property Name:

Inspection Date: 4/8/2011 (mm/dd/yyyy) Address:

FDIC Contact: City/State/Zip:

General InformationProperty Type: COMMERCIAL PROPERTY INCLUDING HOTELS, OFFICE BUILDINGS, APARTMENTS, INDUSTRIAL

WAREHOUSES AND MANUFACTURING FACILITIES.Land Area:

Structural Improvements:

Building Area:

Number of Units:

Known or Observed Code Violations:

17051-17081 Safety Street

17051-17081 Safety Street

Fort Myers, Fl 33908

A.R.T. Asset Management, Inc.

16910 Dallas Parkway Suite 116

Dallas, TX 75248

Ruben Paneque

CB Richard Ellis, Inc.

2001 Ross Ave

Dallas, TX 75201

Two story masonry building, one story masonry building, wood go-kart track.

none

Known or Observed Environmental Conditions: (Check for Spills, Contaminated Soil, Chemicals) (Check for Asbestos Tile, Insulation, etc.) (Check for Fuel Tanks Above or Below Ground) (Check for Landfills & Environmental Hazard Signs)

Photos Taken and Submitted? (Y/N)

Name of on-site Property Manager: (Name, Address, Phone)Comments:

List all parties with access to or possession of keys or lockbox combinations:

Are all structures secured? (Y/N)

Is the property winterized? (Y/N)

Inspected By: (Sign)

Inspection Date:

Vacant Building. Security guard on site at time of inspection. Size of pool for fencing to cover is 56 Feet Wide X 61 Feet.

If not secured or winterized, list all security issues that need corrective action:

Ruben Paneque

4/8/2011

nonenonenone

y

nonenone

y

n

Commercial Property Inspection Report Page 1 of 9 Form Date: 2/1/2006

Occupancy

Is the Property occupied, vacant/open, vacant/locked, boarded?

What is the properties condition? (Good, Fair, Poor):

Occupant(s) - List tenants or other occupants by unit number (List all units and indicate if vacant):Name Unit Number Phone Number Tenant/Previous Debtor

(If more occupants are present, attach additional Pages)

Comments:

I. PROPERTY DESCRIPTIONBriefly Describe the Property:This property had a 6' high chained link fence protecting entry into the parking lot, . Some wires have been left spliced but no power was on. Several No Tresspassing signs are down. Gate in back of property is down. Security person on site at time of inspection. The property was built to be an amusement park with rides and wooded go kart track. Small pool area with ride. Weeds are starting to grow thru pavers near pool area ride.

vacant/locked

II. EXTERIOR OF THE STRUCTURE(S)A. Structure(s) i. Type: ii Condition:

B. Painted Surfaces: i. Type: ii. Condition:

C. Foundation: i. Type: ii. Condition:

D. Exterior Glass Condition:

E. Roofs: i. Type: ii. Condition:

F. Air Conditioning Units (Pictures reqired): i. Brands & Typ Carrier ii. Tonnage: iii. Condition:

Weeds are starting to grow thru pavers near pool area ride.

Masonrygood

spraygood

slab on gradegood

flatgood

good

5 tongood

Commercial Property Inspection Report Page 2 of 9 Form Date: 2/1/2006

II. EXTERIOR OF THE STRUCTURE(S) CONT'DG. Shipping or Loading Docks: i. Type ii. Condition iii. Are loading dock doors secure?

Comments:

H. Type of Water System: i. Type: ii. Condition:

I. Type of Sewer/Septic System: i. Type: ii. Condition:

J. Parking Lots( Pictures reqired ): i. Type: ii Condition: iii. Any Chuck (Pot) Holes? iv. Are curbs broken? v. Do they need to be seal coated? vi. Do they need to be re-striped? vii. Are there any abandoned vehicles? viii. Is there any covered parking? Carports?

Comments:

K. Landscaping: i. Overall condition: ii. Is it neat and clean? iii. Is it adequate? iv. Are the beds turned?

v. Are there flowering bed plants?

citygood

none

sewer

cementgood

nono

good

poornonoyes

v. Are there flowering bed plants? vi. Is the property properly watered?

Comments:

L. Trash Removal System: i. Frequency of collection: ii. Size of containers: iii. Are they in good condition?

M. Signage (Pictures reqired): i. Type: ii. Condition: iii. Is it adequate for the circumstances?

N. List Exterior Personal Property: List Debris Requiring Removal:

If condition is less than acceptable, describe deficiencies:

III. INTERIOR OF THE STRUCTURE(S):A. Vacant Units: i. How many? ii. Is it shell space or improved space? Is it heated? iii. Has it been trashed out? iv. Is it in showable condition?

Real Estate and no trespassing

no

good

shell

Commercial Property Inspection Report Page 3 of 9 Form Date: 2/1/2006

Comments:III. INTERIOR OF THE STRUCTURE(S) CONT'D:B. Entry Doors: i. Type: ii. Condition:

C. Interior Walls: i. Type: ii. Condition:

D. Mechanical System (If Common Utilities) or Systems (Pictures required) : i. What type of unit and brand? ii. How many units? iii. Cleanliness: iv. Are there any fire extinguishers? v. Were any flammable materials stored nearby?

E. Basement: i. Is there a Basement? ii. Is it neat and clean? iii. Are all items properly stored? iv. Are any flammable materials stored there?

F. List Interior Personal Property: List Debris Requiring Removal:

If condition is less than acceptable, describe deficiencies:

glass

drywallgood

none

none

IV. ADDITIONAL PROPERTY INSPECTION COMMENTS

A. Maintenance Room: i. Is there a maintenance room? ii. Is it neat and clean? iii. Are all items properly stored? iv. Are any flammable materials stored there? v. Is there a fire extinguisher? Is is properly installed?

B. Liability Issues: i. Fencing around loading, manufacturing areas, pools, etc.: ii. Balcony/Catwalk issues: iii. Railing issues: iv. Stair conditions: v. Fire escape issues: vi. Smoke detector issues:

C. Fire Alarm & Fire Sprinkler Systems (Pictures required): i. Is there a fire sprinkler system? How many risers? ii. Is there presure in the system? Is this a Wet or Dry system? iii. When was the last time it was inspected? If it is a dry system has it been serviced before freezeing weather?

iv. Is there a fire alarm system? Is the fire alarm monitored and by who? v. Who is on the call list for the monitoring company?

C. Elevator Systems (Pictures required): i. Is there an elevator system? What type, brand and size? ii. Is the system operational?

stairs outside of building

pool area around ridenono

Commercial Property Inspection Report Page 4 of 9 Form Date: 2/1/2006

iii. When was the last time it was inspected? Is the inspection posted? iv. Is the elevator monitored and by who? v. Who is on the call list for the monitoring company?

C. Generator Systems (Pictures required): i. Is there an generator system? What type, brand and size? ii. Is the system operational? iii. When was the last time it was serviced? Who serviced it?

D. Other Notes:

D. Location:

How Does the Location affect the value?

E. Marketing: i. How does the property present itself?

V. OTHER COMMENTS: (Special Issues)

Instructions: Fill in all items pertaining to the type of property. If the item does not apply, write N/A. If the information is not obtainable write N/O Be as complete as possible and do not abbreviate any response Use attachments for

no

VI. PICTURES TAKEN[ Insert hard copies and add pages for file copy OR Attach electronically ]

is not obtainable, write N/O. Be as complete as possible and do not abbreviate any response. Use attachments for responses requiring additional space. Use "Enter" key to move around on protected sheet!

Commercial Property Inspection Report Page 5 of 9 Form Date: 2/1/2006

A.R.T. Asset Management, Inc.

GPS Front view of building sign

locked gate and FDIC sign 2nd real estate sign view inside parrk

10181004735;Safety Street;4-8-11

view of park view of park view of track

A.R.T. Asset Management, Inc.

building view parking view view from street

landscaping overview of track Add Picture Description

10181004735-Safety Street-04.08.11

Add Picture Description Add Picture Description Add Picture Description

A.R.T. Asset Management, Inc.

A/C tag extra pavers pool area for ride

A/C units staris view of track

10181004735-Safety Street-04.08.11

view of track building view track view

A.R.T. Asset Management, Inc.

trees on land track view park rides

park rides park rides park rides

10181004735;Safety Street;4.8.11

view of building view of building A/c units