Henry M. Lloyd - Page 32




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               Please respond by September 19, 2005, or I will proceed                
               with my recommendation that your offer not be accepted.                
               If you have any questions or need more information,                    
               please contact me at the address or the telephone                      
               number listed below:                                                   
                     *      *      *      *      *      *      *                      
               A copy of this letter with all enclosures is being                     
               provided to your Power of Attorney, Mr. Silverberg, and                
               to the Appeals Officer controlling your case.                          
               The second offer specialist enclosed with the second offer             
          specialist’s September 6, 2005 letter the following so-called               
          Asset/Equity Table:                                                         
                                  ASSET/EQUITY TABLE (AET)                            
                                      (Rev. 10-2002)                                  
                                       Quick Sale     EncumbrancesNet                  
                     ASSETS   Fair Market     Quick Sale                              
                                       Reduction         or    Realizable             
                               Value            Value                                 
                                       Percentage      ExemptionsEquity                
                1. Cash/Bank Accounts$1,517.00                        $1,517.00             
                            *       *       *       *       *       *       *         
                5. Real Estate ***$995,714.000    $995,714.00$625,000.00$370,714.00            
                6. Furniture/Personal???                                                   
                Effects                                                               
                7. Vehicles                                                           
                8. Accounts     ???                                                   
                Receivable                                                            
                            *       *       *       *       *       *       *         
                Business Interest???                                                   
                            *       *       *       *       *       *       *         
                Future Income Value (see Income and Expense Table (IET) attached)$607,296.00            
                     TOTAL MINIMUM VALUE                       $979,527.00            
                            *       *       *       *       *       *       *         
                REMARKS: *** Encumbrances not documented -- subject to further valuation.
                ??? Information not disclosed -- subject to further valuation         
          The second offer specialist also enclosed with the second offer             
          specialist’s September 6, 2005 letter the following so-called               
          Income/Expense Table:                                                       








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