BILLS PAID SINCE LAST BOARD MEETING:

CHECKING ACCT.  BALANCE  9/20/02                                            1,805.31

9/23/02           DEP    F & M BANK Monthly Dep. Transfer                                     -200.00

9/24/02           1171    LLOYD HATCHER, Pool Keys                                             -133.75

9/24/02           1172    TONYA FALK, Pool Testing/Weekly Cleaning Serv.               -125.00

9/26/02                      F & M BANK  Monthly Check Fees                                           -2.50

9/30/02            TXF    F & M BANK, SEPT. LOAN PAYMENT                             -249.16

10/8/02           1173    STATE LONG DISTANCE TELEPHONE, Pool Phone            -25.39

10/8/02           1174    STARKEY POOL AND SPA, Sept Weekly Service               -230.00

10/20/02          1175    MORNING SUN LAWN CARE, Lawn Mow Sept                   -60.13

10/20/02          1176    STARKEY POOL AND SPA, Close Pool Service                  -275.00

10/21/02          TXF    F & M BANK Monthly Dep. Transfer                                     -200.00

10/24/02                     F & M BANK  Monthly Check Fees                                           -2.50

10/30/02          TXF    F & M BANK, OCT. LOAN PAYMENT                              -249.16

11/15/02          1177    MID_LAKES PLUMBING, Close Bath House                       -120.00

11/15/02          1178    MORNING SUN LAWN CARE, Lawn Mow Oct                    -60.13

11/15/02          1179    STATE LONG DISTANCE TELEPHONE, Pool Phone              -3.70

11/15/02          1180    WE Energies, Pool – Charge, UTILITIES: Gas & Electric        -122.34

11/15/02          DEP    F & M BANK, Lot 84 Verification Fee                                      50.00

11/15/02          DEP    F & M BANK, Lot 84 2002 ASSESSMENT                           150.00

11/15/02         DEP   F & M BANK, Lot 84 DELINQ. ASSESS                                   7.50

11/15/02          TXF    F & M BANK, Cover Yr.  End Expenses from [Savings]         2,000.00

CHECKING ACCT.  BALANCE  11/15/02                                       $ 1,954.05

ACCOUNT BALANCES:

           ASSETS:                                                                         LIABILITIES:

                          CHECKING:                           $   1,954.05                Mariner Hills Loan      $ 9,992.27

                          SAVINGS:                              $   3,125.92

                          INVESTMENTS:                    $ 10,294.28                                                      

                          Total Cash & Bank Accounts:  $  15,374.25

OVERALL TOTAL:                                                                                     $  5,381.98