| ASSET TYPE |
LOCATION |
CUPB |
APPRAISED VALUE |
APPRAISAL STATUS |
LOAN STATUS |
ASSET DESCRIPTION |
|
|
|
|
|
|
|
|
| COMMERCIAL PARKING DECK |
AL |
9,081,822 |
7,340,000 |
CURRENT |
CURRENT |
6 STORY/925 SLOT/CONCRETE STRUCTURE |
|
|
|
|
|
|
|
|
| RETAIL SHOWROOM |
AL |
1,886,085 |
1,600,000 |
CURRENT |
DEFAULT |
TWO STORY MULTI-TENANT RETAIL SHOWROOM 19.284SF |
|
|
|
|
|
|
|
|
| SELF STORAGE/LAND |
AL |
2,655,000.00 |
1,175,000 |
CURENT |
PAST DUE |
TWO STORAGE UNIT FACILITIES OF 632 UNITS ON 6 ACRES/5 ACRES LAND |
CROSSED COLLATERALIZED |
|
|
|
|
|
|
|
| LAND |
AL |
1,179,405 |
2,070,000 |
OLD |
PAST DUE |
46 ACRES |
|
|
|
|
|
|
|
|
| SFR UNITS AND LOTS |
VA |
6,835,730 |
6,416,982 |
OLD |
MODIFIED |
5 SFR UNITS AND 52 DEVELOPED LOTS |
|
|
|
|
|
|
|
|
| COMMERCIAL BLDGS |
MO |
1,594,993 |
1,770,000 |
CURRENT |
DEFAULT |
TOW BLDGS CONSISTING OF 186,000SF COMBINED |
RECEIVORSHIP |
|
|
|
|
|
|
|
| SFR LOTS AND RAW LAND |
TX |
1,221,163 |
1,510,000 |
OLD |
CHAPTER 11 FILED |
96 LOTS IN SUBDIVISION/17 ACRES ADJACENT TO SUBDIVISION |
|
|
|
|
|
|
|
|
| RAW LAND |
TX |
2,072,000 |
8,610,000 |
OLD |
CURRENT |
69 ACRES COMPRISING OF 3 PARCELS BY A GOLF COURSE |
INTEREST RESERVE MAKING PAYMENT UNTIL JANUARY 2012 |
|
|
|
|
|
|
|
| 9 CONDOS |
TX |
754,000 |
1,330,000 |
CURRENT |
INTEREST ONLY |
9 CONDOS |
|
|
|
|
|
|
|
|
| RESTAURANT |
MS |
2,816,003 |
4,000,000 |
CURRENT |
CURRENT |
FULL SERVICE RESTAURANT/15,000SF ON 1.5 ACRES/PARKING FOR 68 SPACES LEASE JUST RENEWED FOR 10 YEARS |
|
|
|
|
|
|
|
|
| TWO COMMERCIALINDUSTRIAL BLDGS |
MS |
7,531,548 |
8,810,000 |
CURRENT |
CHAPTER 11 FILED |
TWO INDUSTRIALBLDGS WITH 650,000 SF |
|
|
|
|
|
|
|
|
| FARM |
TN |
2,546,000 |
2,340,000 |
DEFAULT |
DEFAULT |
500 ACRE FARM |
CROSSED COLLATERALIZED |
|
|
|
|
|
|
|
| OFFICE |
TN |
3,085,537 |
3,250,000 |
CURRENT |
CURRENT |
OFFICE BLDG.WITH 48,000SF ON 10 ACRES |
|
|
|
|
|
|
|
|
| LOTS |
TN |
1,810,000 |
1,599,200 |
OLD |
PAST DUE |
8 SFR LOTS |
|
|
|
|
|
|
|
|
| BUSINESS PARK |
AL |
3,520,000 |
3,900,000 |
CURRENT |
DEFAULT |
BUSINESS PARK WITH 3 BLDGS/43,00SF/34,00SF/10,500SF OF OFFICE AND WAREHOUSE WITH DOCKS |
CROSSED COLLATERALIZED |
|
|
|
|
|
|
|
| OOCRE/INDUSTRIAL |
AL |
896,000 |
1,100,000 |
CURRENT |
PAST DUE |
OWNER OCCUPIED INDUSTRIAL BLDGS/35,740SF ON 6 ACRES |
|
|
|
|
|
|
|
|
| OFFICE PARK |
GA |
4,895,778 |
4,700,000 |
CURRENT |
NON-ACCRUAL |
CLASS "B" OFFICE BLDG IN AN OFFICE PARK WITH 3.43 ACRES AND 11.22 ACRES DEVELPOED FOR COMMERCIAL PROPERTY |
CROSSED COLLATERALIZED |
|
|
|
|
|
|
|
| RAW LAND |
LA |
3,945,000 |
6,000,000 |
OLD |
DEFAULT |
18.58 ACRES RAW LAND |
|
|
|
|
|
|
|
|
| LOTS/LAND |
NC |
6,904,497 |
11,225,000 |
NEW |
N/A |
164 DEVELOPED LOTS WITH 179 ACRES EXCESS LAND FOR ANOTHER 227 LOTS |
|
UPDATED 12/6/2011 |
APPRAISAL WAS UPDATED |
|
|
|
|
|
| RETAIL |
NC |
5,178,785 |
8,144,000 |
CURRENT |
FOREBEARANCE |
RETAIL CENTER 50.368SF/50% OCCUPIED/11 ACRES EXCESS LAND |
|
10/28/2011 |
|
|
|
|
|
|
| RETAIL |
SC |
4,046,581 |
3,580,000 |
CURRENT |
CURRENT |
RETAIL CENTER IN TWO PHASES 26,000SF WITH 44% OCCUPANCY |
|
10/28/2011 |
|
|
|
|
|
|
| LAND |
SC |
1,864,110 |
2,400,000 |
CURRENT |
N/A |
77 ACRES COMMERICAL LAND |
|
10/28/2011 |
|
|
|
|
|
|
| COMMERCIAL PADS |
NC |
744,710 |
610,000 |
CURRENT |
N/A |
FOUR COMMERCIAL READY PADS AND ONE UNDEVLOPED SITE |
|
10/31/2011 |
|
|
|
|
|
|
| RENTED SFR HOMES |
TN/MS |
2,206,287 |
2,813,422 |
CURRENT |
N/A |
17 SFR RENTAL PROPERTIES IN TN/MS |
|
10/31/2011 |
|
|
|
|
|
|
| OOCRE/RETAIL |
AL |
487,757 |
1,464,500 |
CURRENT |
MATURED IN DEFAULT |
3 PARCELS WITH A BLDG OF 10,264SF/DEALERSHIP/LANDSCAPING CO./AUTO BODY SERVICE |
CROSSED COLLATERALIZED |
10/31/2011 |
|
|
|
|
|
|
| SELF STORAGE FACILITY |
GA |
1,468,266 |
2,200,000 |
OLD |
BANKRUPTCY |
SELF STORAGE FACILITY WITH 562 UNITS/11 BLDGS./ON 5 ACRES/61% OCCUPIED |
|
10/31/2011 |
|
|
|
|
|
|
| TOWNHOME AND LOT |
SC |
777,749 |
1,312,000 |
CURRENT |
PAST DUE |
TOWNHOME AND LOT WITH WATER VIEW |
CROSSED COLLATERALIZED |
10/31/2011 |
|
|
|
|
|
|
| TOWNHOMES |
SC |
6,124,545 |
5,805,000 |
OLD |
PAST DUE |
FIVE TOWNHOMES ON GOLF COURSE |
CROSSED COLLATERALIZED |
11/1/2011 |
|
|
|
|
|
|
| MULTI-FAMILY |
FL |
2,963,015 |
3,400,000 |
OLD |
CURRENT |
MULTI-FAMILY 116 UNITS CLASS "C" |
|
11/1/2011 |
|
|
|
|
|
|
| MULTI-FAMILY |
FL |
1,175,591 |
1,000,000 |
CURRENT |
CURRENT |
MULTI-FAMILY 26 CONDO UNITS IN A CLASS "C" STRUCTURE |
|
11/1/2011 |
|
|
|
|
|
|
| SFR LOTS |
FL |
9,819,437 |
3,850,000 |
CURRENT |
CURRENT |
231 SFR LOTS IN A MASTER PLANNED COMMUNITY |
|
11/1/2011 |
|
|
|
|
|
|
| SFR HOMES |
NC |
1,748,638 |
1,105,000 |
CURRENT |
PAST DUE |
14 SFR HOMES VALUED AS ONE PROJECT |
|
11/2/2011 |
|
|
|
|
|
|
| WAREHOUSES |
NC |
1,964,390 |
3,840,000 |
CURRENT |
MATURED |
THREE WAREHOUSES CONSISTING OF 292,000SF WITH 4.87 ACRES OF LAND |
|
11/2/2011 |
|
|
|
|
|
|
| MULTI-FAMILY/RAW LAND/CONDOS |
MS |
3,451,827 |
4,300,000 |
CURRENT |
PAST DUE |
MULTI-FAMILY 67 UNITS/160 ACRES/9 TRACTS VACANT LAND/7 CONDOS |
CROSSED COLLATERALIZED |
11/2/2011 |
|
|
|
|
|
|
| MOBILE HOME PARKS |
MO |
1,820,763 |
2,120,000 |
CURRENT |
PAST DUE |
TWO MOBILE HOME PARKS WITH 175 PADS COMBINED ON 25 ACRES/64% & 82% OCCUPIED |
|
11/2/2011 |
|
|
|
|
|
|
| MULTI-TENANT WAREHOUSE |
FL |
3,857,655 |
4,200,000 |
CURRENT |
CURRENT |
WAREHOUSE WITH 15 BAYS THAT 104,00SF |
|
11/2/2011 |
|
|
|
|
|
|
| RETAIL STRIP CENTER |
AL |
990,819 |
850,000 |
CURRENT |
CURRENT |
RETAIL SHOPPING CENTER CONSISTING OF 14, 092 SF WITH 9 SUITES ON 1.88 ACRES SITE/63% OCCUPIED |
|
11/3/2011 |
|
|
|
|
|
|
| UNDEVELOPED LAND |
AR |
1,359,083 |
950,000 |
CURRENT |
PAST DUE |
54.86 ACRES OF UNDEVELOPED LAND ZONED SFR/AGRICULTURE |
CROSSED COLLATERALIZED |
11/3/2011 |
|
|
|
|
|
|
| SFR |
LA |
792,926 |
835,000 |
CURRENT |
PAST DUE |
SFR 8525SF CURRENTLY LEASED FOR $4,500 PER MONTH |
|
11/3/2011 |
|
|
|
|
|
|
| OFFICE |
GA |
1,542,324 |
2,000,000 |
OLD |
MATURED |
OFFICE BLDG CONSISTING OF 15663SF ON 1.726 ACRES/4 TENANT FACILITY |
|
11/3/2011 |
|
|
|
|
|
|
| RAW LAND |
MS |
719,917 |
322,000 |
CURRENT |
DEFAULT |
37.45 ACRES OF RAW LAND |
CROSSED COLLATERALIZED |
11/4/2011 |
|
|
|
|
|
|
| CAR WASH |
AL |
1,103,912 |
1,500,000 |
CURRENT |
DEFAULT |
EXPRESS CAR WASH/3,216SF STRUCTURE/35,200SF SITE |
|
11/4/2011 |
|
|
|
|
|
|
| WAREHOUSE AND EXCESS LAND |
FL |
2,978,031 |
2,670,000 |
CURRENT |
FOREBEARANCE |
WAREHOUSE AND EXCESS LAND 22,345SF BLDG/WAREHOUSE OFFICE AND 5,522SF STORAGE/2,387SF RECEIVING BLDG |
|
11/9/2011 |
|
|
|
|
|
|
| OFFICE |
FL |
1,577,186 |
1,900,000 |
CURRENT |
MODIFIED |
OFFICE BLDG 12,400SF/TWO STORY MULTI-TENANT |
|
11/9/2011 |
|
|
|
|
|
|
| OFFICE |
AL |
465,256 |
820,000 |
CURENT |
PAST DUE |
OFFICE BLDG 9,011SF/TWO STORY ON 26,225SF SITE |
CROSSED COLLATERALIZED |
11/9/2011 |
|
|
|
|
|
|
| SFR LOTS AND ADJACENT LAND |
SC |
4,783,053 |
3,879,416 |
CURRENT |
BK |
69 LOTS NAD 130 ACRES OF LAND |
CROSSED COLLATERALIZED |
11/9/2011 |
|
|
|
|
|
|
| SFR LOTS |
AL |
2,066,972 |
1,350,000 |
CURRENT |
DEFAULT |
144 LOTS ON 89.8 ACRES |
|
11/9/2011 |
|
|
|
|
|
|
| SFR DEVELOPED LOTS |
FL |
1,389,175 |
925,000 |
CURRENT |
DEFAULT |
22 SFR DEVELOPED LOTS |
|
11/9/2011 |
|
|
|
|
|
|
| MEDICAL OFFICE |
GA |
1,692,037 |
1,250,000 |
CURRENT |
PAST DUE |
MEDICAL OFFICE BLDG WITH 25,000SF ON 2.29 ACRES |
|
11/9/2011 |
|
|
|
|
|
|
| LAND/OUTPARCELS |
FL |
3,547,392 |
3,900,000 |
OLD |
CURRENT |
TWO NOTES EACH SECURED WITH A COMMERCIAL OUTPARCEL/ON THE BORDER AND BB&T ARE POTENTIAL LESSEE |
CROSSED COLLATERALIZED |
11/17/2011 |
|
|
|
|
|
|
| INDUSTRIAL |
MS |
306238 |
675000 |
CURRENT |
N/A |
12 SEPARATE BLDGS. ON 34.55 ACRES THAT IS SINGLE TENAT OPERATED WITH 39,447SF/15,528 ENCLOSED/23,949SF SHELTER |
CROSSED COLLATERALIZED |
11/17/2011 |
|
|
|
|
|
|
| MULTI-FAMILY/OFFICE/FOURPLEX |
AR |
6,077,331 |
5,150,000 |
CURRRENT |
N/A |
MULTI-FAMILY PROPERTIES OF 147/56/48 UNITS/OFFICE SPACE OF 3,000SF/FOURPLEX 3,173SF |
CROSSED COLLATERALIZED |
11/17/2011 |
|
|
|
|
|
|
| LAND |
AL |
444,398 |
1,950,000 |
CURRENT |
PAST DUE |
16.59 ACRES ALONG I-65 |
CROSSED COLLATERALIZED |
12/2/2011 |
|
|
|
|
|
|
| COMMERCIAL LAND |
FL |
5,700,000 |
5,380,000 |
CURRENT |
CURRENT |
50% COMPLETE/VACANT LAND OF 9.35 ACRES WITH APPROVALS FOR TWO MULTI-TENANT WAREHOUSES |
CROSSED COLLATERALIZED |
12/8/2011 |
|
|
|
|
|
|
| LAND |
FL |
14,500,000 |
15,000,000 |
CURRENT |
DEFAULT |
LAND LOAN ON 2,842.35 ACRES RAW LAND/1,580 USABLE/1262 CRES WETLANDS |
|
1/4/2012 |
|
|
|
|
|
|
| DEVELOPED RESIDENTIAL LOTS |
FL |
1,742,466 |
590,000 |
CURRENT |
DEFAULT |
DEVELOPED RESIDENTIAL LOTS REMAINING IN A LARGE DEVELOPMENT/12 LOTS TOTAL ON THIS DEBT/ |
|
1/4/2012 |
|
|
|
|
|
|
| RAW LAND |
GA |
157,500 |
370,000 |
CURRENT |
DEFAULT |
RAW LAND/14.875 ACRES/PROPOSED FOR A PHASE IV OF A DEVELOPMENT |
|
|
|
|
|
|
|
|
| RAW LAND |
FL |
22,227,385 |
13,500,000 |
CURRENT |
DEFAULT |
THIS IS 769.57 ACRES OF RAW LAND WITH 734.34 USABLE THAT IS APPROVED FOR MIXED USE, RESIDENTIAL AND COMMERCIAL DEVELPOMENT |
|
1/6/2012 |
|
|
|
|
|
|
| OFFICE/WAREHOUSE |
TX |
4,437,000 |
3,100,000 |
OLD/EARLY 2011 |
MATURED |
OFFICED/WAREHOUSE WITH 221,577SF EMCOMPASSING BUILDINGS ON 34 ACRES |
|
1/18/2012 |
|
|
|
|
|
|
| OFFICE/WAREHOUSE/SHOWROOM |
TX |
1,142,185 |
1,530,000 |
CURRENT |
BANKRUPTCY |
OFFICE/WAREHOUSE/SHOWROOM 3 BUILDINGS |
|
1/18/2012 |
|
|
|
|
|
|
| COMMERCIAL RETAIL CENTER |
MS |
2,152,834 |
2,700,000 |
CURRENT |
CURRENT |
COMMERCIAL RETAIL CENTER 101,059SF |
|
1/18/2012 |
|
|
|
|
|
|
| OFFICE |
SC |
6,779,562 |
6,000,000 |
CURRENT |
MATURED |
OFFICE BUILDING WITH 39,980SF/50% OCCUPIED/3 NOTES TOTALING CUPB |
CROSSED COLLATERALIZED |
1/18/2012 |
|
|
|
|
|
|
| INDUSTRIAL/MANUFACTURING/LIGHT |
TN |
4,976,198 |
7,413,100 |
CURRENT |
CURRENT |
INDUSTRIAL/MANUFACTURING/LIGHT 16 LIMITED CAPACITY BUSES WITH 96,151SF |
|
1/18/2012 |
|
|
|
|
|
|
| COMMERCIAL/RESIDENTIAL/LOTS & HOMES |
TN |
8,491,329 |
13,223,800 |
OLD |
MATURED/NOT RENEWED |
COMMERCIAL LAND WITH RESIDENTIAL LOTS AND HOMES/15 LOTS/2 SFR HOMES/968 ACRES RAW LAND/HEAVY EQUIPMENT PLEDGED AS WELL |
|
1/18/2012 |
|
|
|
|
|
|
| OFFICE/WAREHOUSE |
TX |
2,744,156 |
2,550,000 |
OLD/EARLY 2011 |
CURRENT |
OFFICE/WAREHOUSE WITH 59,316SF |
|
1/18/2012 |
|
|
|
|
|
|
| FORMER AUTO DEALERSHIP |
MO |
1,009,023 |
1,045,000 |
CURRENT |
N/A |
FORMER AUTO DEALERSHIP WITH TWO BLDGS. ON 5.85 ACRES |
|
1/18/2012 |
|
|
|
|
|
|
| MULTI-USE COMMERCIAL FACILITY |
MS |
1,963,092 |
2,150,000 |
CURRENT |
N/A |
MULTI-USE FACILITY IN A 4 STORY BLDG. WITH 34,591SF/COMMERCIAL WAREHOUSE AND APARTMENT FACILITY RENOVATED IN 2010 |
|
1/18/2012 |
|
|
|
|
|
|
| COMMERCIAL LIGHT INDUSTRIAL |
AL |
2,958,037 |
2,970,000 |
CURRENT |
RENEWING NOTE FOR 1-2YRS |
COMMERCIAL LIGHT INDUSTRIALON 22 ACRES TOTLAING 28,586SF |
CROSSED COLLATERALIZED |
1/18/2012 |
|
|
|
|
|
|
| MIXED USE |
FL |
1,689,276 |
1,490,000 |
CURRENT |
CURRENT |
MIXED USE WITH TWO PARCELS/RETAIL OFFICE WITH 9,467SF AND INDUSTRIAL WITH 14,880SF/5 OF 9 UNITS OCCUPIED WITH TWO O/O |
|
1/18/2012 |
|
|
|
|
|
|
| VACANT LAND |
FL |
4,338,495 |
9,600,000 |
CURRENT |
N/A |
VACANT LAND OF 51.19 ACRES/21.34 UPLAND AREA/15.83 WETLANDS/14.02 SUBMERGED AREA |
|
1/18/2012 |
|
|
|
|
|
|
| SPECS HOMES |
FL |
3,916,236 |
2,682,500 |
CURRENT |
FOREBEARANCE |
SPECULATIVE HOUSING IN GOLF COMMUNITY/6 HOMES WITH ONE PENDING SALE./5 REMAING FOR SALE |
CROSSED COLLATERALIZED |
1/18/2012 |
|
|
|
|
|
|
| INDUSTRIAL/MANUFACTURING/LIGHT |
FL |
1,255,884 |
1,400,000 |
CURRENT |
N/A |
THREE BUILDINGS /WAREHOUSE COMPLEX 47,438SF/100% OCCUPIED |
|
1/18/2012 |
|
|
|
|
|
|
| COMMERCIAL RETAIL CENTER |
FL |
1,088,035 |
1,160,000 |
CURRENT |
CURRENT |
TWO 'CLASS C" RETAIL CENTERS THAT ARE 33% AND 100% OCCUPIED |
|
1/18/2012 |
|
|
|
|
|
|
| MULTI-TENANT OFFICE |
FL |
1,963,237 |
1,200,000 |
CURRENT |
PAST DUE |
MULTI-TENANT OFFICE BLDG./13,665SF WITH 10,556SF RENTABLE SPACE/65% OWNER OCCUPIED/TWO LOANS COMBINED |
CROSSED COLLATERALIZED |
1/18/2012 |
|
|
|
|
|
|
| OFFICE BUILDING |
FL |
9,049,576 |
9,600,000 |
CURRENT |
NON-ACCRUAL |
"CLASS A" THREE STORY COMMERCIAL OFFICE/VACANT/324 PARKING SPACES/TURNKEY PROPERTY/HOUSING 350+ EMPLOYESS COMFORTABLY |
|
1/18/2012 |
|
|
|
|
|
|
| INDUSTRIAL/OFFICE |
FL |
1,814,911 |
2,250,000 |
CURRENT |
DEFAULT |
INDISTRIAL /OFFICE WITH 146,835SF ON 9.66 ACRES/COLLATERAL SPREADSHEET AVAILABLE |
CROSSED COLLATERALIZED |
1/18/2012 |
|
|
|
|
|
|
| RAW LAND/SFR |
FL |
993,379 |
605,000 |
OLD EARLY 2011 |
DEFAULT |
166 ACRES OF RAW LAN WITH A SFR ON THE PROPERTY |
|
1/18/2012 |
|
|
|
|
|
|
| OFFICE/WAREHOUSE |
GA |
2,744,156 |
450,000 |
OLD |
CURRENT |
OFFICE WAREHOUSE WITH 20,540SF ON 1.32 ACRES |
|
1/18/2012 |
|
|
|
|
|
|
| SFR |
GA |
173,365 |
225,000 |
CURRENT |
DEFAULT |
SFR |
|
1/18/2012 |
|
|
|
|
|
|
| OFFICE CONDOS |
GA |
1,182,719 |
1,030,000 |
CURRENT |
DEFAULT |
6 OFFICE CONDOS/1 PAD FOR 4 OTHER UNITS/2 ACRES OF LAND |
|
1/18/2012 |
|
|
|
|
|
|
| LOTS AND PARCELS |
GA |
2,095,502 |
1,080,611 |
CURRENT |
N/A |
10 LOTS AND 13 PARCELS |
CROSSED COLLATERALIZED |
1/18/2012 |
|
|
|
|
|
|
| LOTS AND PARCELS |
GA |
2,048,861 |
741,000 |
CURRENT |
FOREBEARANCE |
16 LOTS AND 5 OUTPARCELS |
CROSSED COLLATERALIZED |
1/18/2012 |
|
|
|
|
|
|
| LOTS |
GA |
2,605,372 |
1,537,500 |
CURRENT |
FOREBEARANCE |
41 LOTS |
|
1/18/2012 |
|
|
|
|
|
WILL VERIFY IF THESE ASSETS ARE CROSS-COLLATERALIZED |
| LOTS/LAND/SFR |
GA |
562,500 |
640,000 |
OLD |
DEFAULT |
13 DEVELPOED LOTS/2 RENTED SFR'S/13 ACRES OF VACANT LAND |
|
1/18/2012 |
|
|
|
|
|
|
| LAND/VACANT |
GA |
4,313,219 |
5,250,000 |
CURRENT |
DEFAULT |
LAND VACANT/102,671SF |
|
1/18/2012 |
|
|
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|
|
| OFFICE/WAREHOUSE |
GA |
2,744,156 |
710,000 |
OLD |
CURRENT |
OFFICE/WAREHOUSE WITH 37,356SF |
CROSSED COLLATERALIZED |
1/18/2012 |
|
|
|
|
|
|
| MOTOR VESSEL-INLAND TOWBOAT |
MS |
3,295,603 |
4,500,000 |
CURRENT |
PAST DUE |
MOTOR TOWBOAT VESSEL/100'X34'/STEEL HULL/QSK50/CUMMINGS ENGINES/DIESEL ENGINES |
|
1/19/2012 |
|
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|
|
| MEDICAL OFFICE |
FL |
5,708,479 |
1,700,000 |
CURRENT |
FORECLOSURE |
MEDICAL OFFICE BUILDING/10,318SF ON 1.75 ACRES |
CROSSED COLLATERALIZED |
1/19/2012 |
|
|
|
|
|
|
| RETAIL STRIP CENTER |
GA |
1,245,236 |
750,000 |
CURRENT |
DEFAULT |
RETAIL STRIP CENTER 15,060SF |
|
1/19/2012 |
|
|
|
|
|
|
| LIMESTONE QUARRY |
MO |
3,680,071 |
1,800,000 |
CURRENT |
PAST DUE |
LIMESTONE ROCK QUARRY ON 184.9 ACRES |
|
1/19/2012 |
|
|
|
|
|
|
| MIXED USE |
GA |
1,573,723 |
1,460,000 |
CURRENT |
CURRENT |
FOUR PROPERTIES UNDER ONE NOTE/WAREHOUSE-OFFICE/OFFICE/APARTMENTS/MOBILEHOME PARK |
CROSSED COLLATERALIZED |
1/20/2012 |
|
|
|
|
|
|
| LIGHT INDUSTRIAL |
TN |
1,278,416 |
1,325,000 |
CURRENT |
N/A |
LIGHT INDUSTRIAL 245,161SF ON 30ACRES WITH WO DEEMED AS EXCESS LAND |
|
1/20/2012 |
|
|
|
|
|
|
| TOWNHOMES/CONDOS |
AL |
1,493,986 |
1,370,000 |
CURRENT |
CURRENT |
SEVEN TOWNHOMES LOCATED ON A GOLF COURSE |
|
1/20/2012 |
|
|
|
|
|
|
| OFFICE/WAREHOUSE |
SC |
1,936,897 |
2,030,000 |
CURRENT |
DEFAULT |
CLASS "A" OFFICE WITH 11,907SF AND OTHER ASSETS AS COLLATERAL |
CROSSED COLLATERALIZED |
1/20/2012 |
|
|
|
|
|
|
| LAND/OFFICE/WAREHOUSE |
AL |
447,298 |
1,038,000 |
CURRENT |
DEFAULT/CURRENT |
TWO ASSETS UNDER THIS NOTE/120 ACRES OF LAND/DEFAULT 4,700SF OFFICE/WAREHOUSE/CURRENT |
CROSSED COLLATERALIZED |
1/20/2012 |
|
|
|
|
|
|
| RAW LAND/COMMERCIAL LAND/RESIDENTIAL LAND |
FL |
21,648,944 |
9,755,000 |
OLD EARLY 2011 |
CURRENT/PARTICIPATING LOAN |
128 LOTS/63 ACRES RESIDENTIAL/64 ACRES COMMERCIAL |
|
1/23/2012 |
|
|
|
|
|
|
| RESIDENTIAL CONSTRUCTION |
FL |
1,211,203 |
1,750,000 |
CURRENT |
DEFAULT |
6,415SF SFR UNDER CONSTRUCTION/88% COMPLETE |
|
1/23/2012 |
|
|
|
|
|
|
| OFFICE/WAREHOUSE |
GA |
678,116 |
550,000 |
CURRENT |
DEFAULT |
TWO STRUCTURES 4,400SF AND 7,500SF |
|
1/23/2012 |
|
|
|
|
|
|
| VACANT LAND |
IL |
3,047,351 |
2,250,000 |
CURRENT |
DEFAULT |
900 ACRES OF VACANT LAND THAT WAS FORMERLY A TRIP MINE THAT IS PARTIALLY DEVELOPED FOR RESIDENTIAL SUBDIVISION |
|
1/24/2012 |
|
|
|
|
|
|
| MEDICAL OFFICE/4 CONDOS/RESIDENTIAL DWELLING |
AL |
1,934,406 |
1,958,000 |
CURRENT |
CURRENT |
MEDICAL OFFICE BLDG WITH 34,000SF/4 RESIDENTIAL CONDOS WITH PERSONAL RESIDENCE |
CROSSED COLLATERALIZED |
1/24/2012 |
|
|
|
|
|
|
| COMMERCIAL LAND |
GA |
988,334 |
1,100,000 |
CURRENT |
PAST DUE |
COMMERCIAL LAND WITH 5 OFFICE PADS/6 OUTPARCELS/4 ACRES FOR FUTURE PAD SITE |
|
1/24/2012 |
|
|
|
|
|
|
| DAIRY FARM |
TN |
2,044,833 |
1,275,000 |
CURENT |
FORCLOSURE |
DAIRY FARM PERMITTED FOR 700 COWS |
|
1/30/2012 |
|
|
|
|
|
|
| LETTER OF CREDIT |
LA |
1,078,275 |
1,800,000 |
CURRENT |
PAST DUE |
COLLATERAL IS SECURITY INTEREST IN RECEIVABLES AND INVENTORY |
CROSSED COLLATERALIZED |
1/30/2012 |
|
|
|
|
|
|
| LAND AND WATER COMPANY ASSETS |
LA |
1,200,000 |
1,200,000 |
VERY OLD |
N/A |
BONDS ARE BACKED BY COLLATERAL OF THIS LAND AND WATER COMPANY ON A LETTER OF CREDIT |
CROSSED COLLATERALIZED |
1/30/2012 |
|
|
|
|
|
|
| LAND |
FL |
2,405,205 |
3,400,000 |
OLD EARLY 2011 |
DEFAULT |
136 ACRES OF REDSIDENTIAL LAND |
|
1/30/2012 |
|
|
|
|
|
|
| OFFICE/SHOP/LAND |
NC |
994,000 |
940,000 |
CURRENT |
DEFAULT |
10,000SF OFFICE/SHOP ON 18 ACRES OF LAND |
|
1/30/2012 |
|
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|
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|
330,216,739 |
322,941,031 |
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| THIS IS AS JANUARY 30, 2012 AT 12:00PM EST. |
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