Commercial Mortgage Loan Application - Pg. 2

*YES

Borrower Questionnaire - Attach Separate Explanation for "Yes" Answers

1. .

Are there any issues listed below, pending against the business or any of its affiliates or principals?
a. Lawsuits b. Judgments c. Liens d. Foreclosure / Foreclosure Proceedings

2.

Have there ever been any liens or stop notices filed on any construction job(s)?

3.

Has the business or any of its affiliates or principal owners ever filed bankruptcy, including Chapter 11 ?

4.

Has the business or any of its affiliates or principal owners ever lost any real estate through a foreclosure proceeding or deeded a property to a lender in lieu of foreclosure?

5.

Are any of the subject property's real estate taxes, bonds and/or assessments not paid current?

6.

Are there any easements or encroachments affecting the subject property that effect property value?

7.

Are there any environmental matters affecting the subject property or any adjacent properties?

8.

Is the subject property in violation of any current building ordinances, zoning requirements?

9.

Are any of the leases not currently in full force and effecting the subject property?

10.

Does any breach exist on the part of lesser or lessee under the leases and/or does any lessee have any offset, credit or claim against lessor?

11.

Are there any lease provisions, options, rights, or contracts existing with respect to the subject property other than disclosed on the lease summary, including sub-leases?

12.

Does the fixed monthly rent reflected on the lease summary include any operating expense reimbursement or reimbursements for tenant improvements?

BORROWER(S) SIGNATURE

The undersigned applies for the loan indicated to be secured by a mortgage or deed of trust on the property described herein, and represents that the property will not be used for any illegal or restricted purpose, and that all statements made in this application and the attachments, are true, complete and are made for the purpose of obtaining the loan. Verification may be obtained from any source named in this application and / or in attachments. I / We fully understand that it is a federal crime punishable by fine or imprisonment, or both, to knowingly make any false statements concerning any of the above facts under Title 18, United States Code, Section 101 4.

Signature and Title

Date

Signature and Title

Date

REQUIRED DOCUMENTATION ATTACHED

List of recent upgrades (if applicable)

Current Management Resume

IF Refinance - Copy of original Closing Statement

YTD Operating History (P & L)

Current Detailed Rent Roll / Lease Summary

Two Full Calendar Years Operating History

IF Purchase - Contract & Escrow Instructions

Environmental Questionnaire (if applicable)

Select Borrower Type and ATTACH Additional Documentation Required As Shown

Corporation

Partnership
Executed Partnership Agreement
Filed LP1 (Limited Partnerships)
YTD P&L Statement & Balance Sheet
Federal Tax Returns (1065's) for 2 Years

Irrevocable Trust

Articles of Incorporation

Trust Agreement

Bylaws

Trust Federal Tax Returns for 2 Years YTD P&L Statement & Balance Sheet

YTD P&L Statement & Balance Sheet Federal Tax Returns (1120's) for 2 Years

Individual(s) or Family Trust
Personal Financial Stmt. (FNMA Form 1003. 1053. or equivalent.)

Limited Liability Company
Certificate of Organization

Recent Pay Stub

Articles of Organization

Copies of 2 most recent months bank account statements

YTD P&L Statement & Balance Sheet
Federal Tax Returns (1065's) for 2 Years

Federal Tax Returns (1040's) for 2 Years.

Federal Tax Returns (2 Yrs) for each business entity in which you own more than 25%
YTD P&L Statement & Balance Sheet for each entity in which you own more than 25%
Trust Agreement (for Family Trust only)

NO