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20100�s <br />EXHIBIT B <br />PERMITTED ENCUMBRANCES <br />1. Canstruction Loan in the amount af $2,100,000 made by Horizan Bank <br />2. Term Laan in the amount of $259,426 made by Horizon Sank <br />3, Loan in the amount af $601,996 made by Housing Development Corporation <br />4. Loan in the amount of $34,000 made by Mesner Development Co. <br />z� <br />RecOpture Deed of Trust and Security Agreement <br />4839-8956-08382 <br />