REQUIRED DUE DILIGENCE ITEMS

• Financial Statements (audited, if possible) of the Lessee for the last three fiscal years, plus annual reports, 10K's and 10Q's
• Analyst reports and press releases, if any, of the Lessee and the industry in which the Lessee is doing business
• Published articles, if any, about the Lessee
• Any internally prepared descriptions of the Lessee and its business plan, if available
• Prospectus for any offering done by the Lessee within the last five years
  Insurance certificates
• Title insurance commitments (including title exception documents)
• Survey of the Property (with surveyor's certificate)
• Phase I environmental assessment of the Property
• Appraisal of the Property
• Site plan of the Property
• Photographs of the Property (aerial and ground level) and a map of the Property location
• All permits, licenses and governmental approvals pertaining to the Property
• Copies of the most recent tax bills for the Property
• Existing market studies, if any, on the Property
• Evidence of zoning compliance for Lessee's intended use
• Engineering reports on the Property