Lender Institution: FIDELITY & TRUST BANK
4831 CORDELL AVENUE BETHESDA, Maryland 208149914 REF-ID = SC-01 Amount of Loan = 4000000.00 Interest Rate = 8.5000 Date Incurred = 11/14/2007 Date Due = 05/14/2008 This Loan has NOT been restructured Line of credit = 950000.00 Loan Balance = 3921697.20 No other parties are secondarily liable for this debt The following was pledged as collateral for the loan: ALL ASSETS OF ANY KIND OR AMT EXCLUDING CERTIFICATIONS FOR FEDERAL MATCHING FUNDS: EST. +$5000000 Collateral value: 5000000.00 The Lender has a perfected security interest The following future contributions or reciepts of interest income have been pledged as collateral for the loan: ALL FUTURE INCOME EXCEPT PUBLIC FINANCING; ESTIMATED IN ESCESS OF $5000000 Collateral value: 5000000.00 Depository account information for account established on 12/10/2007: FIDELITY & TRUST BANK 4831 CORDELL AVENUE BETHESDA, Maryland 208149914 Committee Treasurer: MR SALVATORE A PURPURA (ASSISTANT TREASURER) Date signed: 02/19/2008 Authorized representative (name): MR JOHN RICHARDSON Authorized representative (title): SENIOR VP Authorized date: 02/19/2008 Included In Summary Line #:12Total Loan Amount For This Period = 4000000.00
Total Credit For This Period = 950000.00
Total Balance For This Period = 3921697.25