$16,625 new 2nd TD 7 year note; first payment due Feb. 15th, interest only payment $204.35/mo. @14.75% interest. This is a 2nd TD with a first of $176,000 6.8% interest $1,1154/mo. payment. Total loans on property $192,625. Property has two houses on it estimated value of property $310,000. One house is now advertised for rent for $750. Property was just pulled out of foreclosure. It’s a historical residence, Rock House on main street in Mokolumne Hill. Loan to value ratio 62%.

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