Rancho Residential Services Trust, Robert Hogue, Trustee - Page 6




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                           DECLARATION OF IRREVOCABLE TRUST                            
               This Declaration of Irrevocable Trust is created this                   
               15TH DAY OF August 1996, between CONTRACT                               
               ADMINISTRATORS TRUST, of Washington, D.C., hereinafter                  
               called the SETTLOR and AMERICAN FINANCIAL SERVICES,                     
               Washington, D.C., with mailing address of Washington                    
               D.C., Jeffery Williams and Douglas Carpa Officers                       
               [sic], hereinafter called the TRUSTEES, who are legal                   
               entities holding full title, not as individuals, hilt                   
               [sic] collectively as the Board under the name of                       
               RANCHO RESIDENTIAL FACILITY[6] * * *.                                   
                  *       *       *       *       *       *       *                    
                                        EIGHTH                                         
               * * * A Successor-Trustee may be appointed by the                       
               current Trustee or Trustees, a court of competent                       
               jurisdiction, or by consensus with the and [sic]                        
               Beneficiaries if the First Trustee resigns with 30 days                 
               notice.                                                                 
                                        NINTH                                          
               The Trustee, by joining in the execution of this                        
               agreement, hereby signifies acceptance of this trust.                   
                  *       *       *       *       *       *       *                    
               IN WITNESS WHEREOF, the parties hereto have executed                    
               this agreement the day and year first above written.                    
               /s/                        /s/                                          
               CONTRACT ADMINISTRATORS      AMERICAN FINANCIAL                         
               TRUST, SETTLOR, Enrique      SERVICES TRUST,                            
               Almodovar                    FIRST TRUSTEE, Jeffery                     
                                            Williams, Trust Officer                    
               [Emphasis added.]                                                       
          Although the instrument identifies a Jeffery Williams and a                  
          Douglas Carpa as the “trustees”, only Jeffery Williams                       
          purportedly executed the document accepting his appointment on               


               6  The record indicates that Rancho Residential Facility and            
          Rancho Residential Services Trust are one and the same.                      





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