<table><tr><th>From:</th><th>Richard Kahn &lt;</th></tr><tr><td>Sent:</td><td>Monday, December 11, 2017 4:19 PM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Subject:</td><td>Fwd: Park Mansion/Term Sheet</td></tr></table>

shall i follow up with david for answers below or wait.. please advise thank you

Richard Kahn
HBRK Associates Inc.
575 =exington Avenue 4th Floor
New York, NY 10022
tel
fax
cell

Begin forwarded message:

From: =/b>"jeffrey E." <jeevacation@gmail.com>

Subject: =/b>Re: FW: Park =ansion/Term Sheet

Date: =/b>December 8, 2017 at 4:48:04 PM =ST

To: =/b>David Mitchell < >, Richard Kahn <

creating a =referred seems like my equity would be more at =isk. net difference

<u>On Fri, =ec 8, 2017 at 10:42</u> PM, David Mitchell <
<mailto > =rote:

As=part of my plan to pay off the debt owed please find the following done =his week

1. Reduced price of Sagaponack house by $100,000 =nd conducting an open house on Sunday

2. Arranging a meeting with potential buyer of =state property, early next week (was originally

Sunday)

3. Seeking to create a Preferred like the hotel =rescendo, to pay back my outlay (attached)

4. Active marketing the rest of the units at Park =ansion for bulk sale (one showings with bulk

buyer)

5. Looking to refinance Sagaponack with one of my =xisting lenders that will generate more proceeds,will have term sheet =omorrow to share

Key information includes:

*   Name: David Mitchell
*   Organization: Mitchell Holdings LC
*   Address: 745 Fifth Avenue, 5th floor, New York NY 10151, USA

FYI. Revised with name of investor.

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