THE REQUEST FOR YOU TO LOAN FUNDS TO ANY OF THE AUSTIN FUNDING COMPANIES (AUSTIN FUNDING) IS NOT A SECURITIES OFFERING, AND AS SUCH, NO REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED OR THE SECURITIES LAWS OF ANY STATE, HAS BEEN MADE. THE REQUEST HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION, ANY STATE SECURITIES COMMISSION OR ANY OTHER REGULATORY AUTHORITY, NOR HAVE ANY OF THE FOREGOING AUTHORITIES PASSED UPON OR ENDORSED THE MERITS OF THIS REQUEST.

THE INFORMATION PRESENTED TO YOU IS SUBMITTED IN CONNECTION WITH THE REQUEST FOR FUNDING. IT MAY NOT BE REPRODUCED OR USED FOR ANY OTHER PURPOSE. ANY DISSEMINATION OF THIS INFORMATION FOR YOUR COMMERCIAL USE IN WHOLE OR IN PART IS PROHIBITED.

NO ONE SHOULD OFFER TO LOAN MONEY TO AUSTIN FUNDING WHO IS NOT PREPARED TO TAKE THE RISK THAT THE SECURITY FOR THE LOAN MAY BE SUBJECT TO FORECLOSURE OR REPOSSESSION BY A FIRST MORTGAGE HOLDER OR FIRST LIEN HOLDER, OR THE UNDERLYING OBLIGOR MAY CEASE TO MAKE PAYMENTS TO AUSTIN FUNDING. REPAYMENT OF YOUR LOAN IS DEPENDENT UPON THE UNDERLYING OBLIGOR PAYING HIS OBLIGATIONS TO AUSTIN FUNDING AND NEITHER AUSTIN FUNDING NOR ANY OF ITS AGENTS GUARANTIES REPAYMENT IN THE EVENT THE UNDERLYING OBLIGOR FAILS TO PAY ON HIS OBLIGATION. EACH LENDER SHOULD CONSULT HIS OWN FINANCIAL ADVISOR, COUNSEL AND ACCOUNTANT AS TO TAX, LEGAL AND RELATED MATTERS CONCERNING HIS LOAN TO AUSTIN FUNDING. COMPLETE ACCESS TO ALL AGREEMENTS AND OTHER DOCUMENTS RELATING TO THE LOAN WILL BE GIVEN TO EACH LENDER AND HIS/HER/ITS REPRESENTATIVE UPON REQUEST. NO REPRESENTATIONS CONTRARY TO THIS ADVISEMENT SHOULD BE RELIED UPON BY YOU.