| Partnership Formed: |
Astro Lenders, LP (7324625) |
| Loan Status: |
Forclosed; Full default-collateral (two tracts) for sale |
| Borrower / Developer: |
Country Village Estates, Inc. (Cliff Johnson) |
| Develop / Project Stage: |
Full default; deed in lieu; agreement executed in dismissed Chapter 11 |
| Project Name: |
Country Village Estates |
| Property Address: |
Hwy 1410 in San Antonio near Randolf Airforce Base |
| Guarantor: |
Clifford Johnson |
| Loan Funding Term: |
24 months-due 10/1/01 |
| Original Loan Amount: |
$1,000,000.00 15% (October 6, 1999) |
| Principal Balance: |
$646,227.00 |
| Stage Funding Due: |
Unknown |
| Title of Property: |
Big State Properties (trustee for partnership) April 2, 2001 |
| Lien: |
First |
| Advances by Premiere: |
Unknown |
| Exit Strategy: |
Unknown |
| General Partner: |
Roosevelt Advisors GP, LLC |
| Loan Maintenance by: |
Roosevelt Advisors GP, LLC |
| Opinion: |
Grace Kunde, Matthews and Branscomb 9/29/99 |
| Description of Prop: |
Approx 57 acres on Hwy 1410 in San Antonio near Randolf Airforce Base. Manufactured housing community on the I-10 east corridor outside of San Antonio metropolitan area |
