380 N Dakota St., Chandler, AZ 85224

SELLER INTENDS A 1031 EXCHANGE - BUYER TO COOPERATE AT NO COST TO BUYER. PROP- ERTY WAS REHABED W/CITY OF CHANDLER MATCHING FUNDS - BUYER TO ASSUME EXISTING NOTE WHICH IS AMORTIZED & REDUCES 10% ANNUALLY OVER 10YRS. DOES NOT REQUIRE RE- PAYMENT AS LONG AS IT REMAINS RENTAL HOUSING BUT REMAINS AS A LIEN THRU 2005 AP PROX. CALL LISTER FOR COPY OF THE NOTE WHICH IS NOT TO BE CONSIDERED PART OF THE LISTED PRICE. NO COMMISSION TO BE PAID ON CITY LIEN AMOUNT. CALL LISTER W/ANY