Start Easy Eagle Development Corp

“Responsibility for the day to day management of essex cares was delegated to safeguard realty management nj, llc. Additional accounting, auditing and property management services were delegagted to newbridge services inc.”

“Existing board members can appoint new board members”

“Start easy eagle development does not have committees.”

“Start easy eagle development is an affiliate of newbridge services, inc. Newbridges' cfo e-mails the draft 990 to each member of the board of trustees for review and comments prior to filing with the irs.”

“AVAILABLE UPON REQUEST”

“Lender: new jersey housing and mtg finance agcy interest rate: date of note: 04/01/2008 maturity date: 03/01/2045 repayment terms: 25% of project's available cash flow security provided: land and buildings purpose of loan: affordable housing project description and fmv land and buildings located in of consideration: sparta and jersey city, new jersey beginning balance due:....................... $2,469,112 ending balance due:.......................... $2,719,355 lender: u.s. Dept of housing & urban development interest rate: date of note: 07/01/2009 repayment terms: 20 year deed restriction using hud guidelines security provided: land and buildings purpose of loan: affordable housing project description and fmv land and buildings located in of consideration: jersey city, new jersey beginning balance due:....................... $2,352,433 ending balance due:.......................... $1,989,477 lender: new jersey dept of community affairs original amount: $700,000 interest rate: 1.000000 date of note: 06/01/2010 maturity date: 06/01/2040 repayment terms: to be repaid using 50% of any available cash flow security provided: land and buildings purpose of loan: mortgage description and fmv apartment building located in sparta, nj of consideration: beginning balance due:....................... $700,000 ending balance due:.......................... $700,000 lender: community loan fund of new jersey original amount: $607,500 interest rate: 6.500000 maturity date: 01/01/2017 repayment terms: monthly payments of principal interest security provided: land and buildings purpose of loan: affordable housing program description and fmv apartment buildings located in jersey city of consideration: and newark, new jersey beginning balance due:....................... $406,416 ending balance due:.......................... $0 lender: county of essex, new jersey original amount: $252,000 interest rate: date of note: 10/01/2010 repayment terms: matures when property sold or change in use security provided: land and buildings purpose of loan: affordable housing program description and fmv apartment buildings located in orange, nj of consideration: beginning balance due:....................... $252,000 ending balance due:.......................... $0 lender: nj department of community affairs original amount: $273,100 interest rate: date of note: 12/01/2015 repayment terms: matures when property sold or change in use security provided: deed restriction purpose of loan: affordable housing project description and fmv apartment building located in clifton, nj of consideration: beginning balance due:....................... $273,100 ending balance due:.......................... $775,100”