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CLOVER MIST PTY LTD (as Trustees for the Hill & Co Trust)

First mortgage loan

Exemption Date – 17 January 2003

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

100%

of the face value of the investment

17 January 2003

Income Value

0%

no actual income is being paid

17 January 2003

Secured over Lots 468 & 469 Cnr Dooley and Henry Streets, Naval Base, Western Australia.