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Full title: Objection to confirmation of plan Second Amended Joint Plan of Reorganization (RE: related document(s)700 Chapter 11 plan) filed by Creditor Seminole Mall, LP. (Drawhorn, Lauren)

Document posted on Mar 9, 2021 in the bankruptcy, 10 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

702-12] Schedule L includes the Lease as a lease to be assumed; however, the Debtors note: This Executory Contract and/or Unexpired Lease shall constitute an Assumed Executory Contract and Unexpired Lease under the Plan and be assumed by the applicable Reorganized Debtor(s) pursuant to the Plan only if and to the extent it is amended on terms acceptable in writing to the Agent, the DIP Lenders, and the Prepetition Lenders by not later than confirmation of the Plan by Final Order, and to the extent such Executory Contract and/or Unexpired Lease is no so amended prior to such time, unless agreed to otherwise in writing by the Agent, the DIP Lenders, and the Prepetition Lenders, such Executory Contract and/or Unexpired Lease shall be deemed to be removed from the Assumed Executory Contract and Unexpired Lease List and added to the Rejected Executory Contract and Unexpired Lease List and be deemed rejected on the Effective Date pursuant to the Plan.Under Section 1129(a)(1), a court may only confirm a plan if the plan complies proposed assumption and assignment of the Lease, the Debtors are required to cure all outstanding defaults pursuant to Bankruptcy Code section 365(b)(1). Seminole recognizes this amount may change due to current negotiations with the Debtors; however, because the parties have not yet finalized any amendment or modification to the Lease, Seminole objects to this amount under the current terms of the Lease because it does not include all past due rent, real property tax and various other obligations expressly provided in the Lease.Seminole expressly reserves all rights and remedies at law or in equity against the Debtors and nothing in this Objection is intended or should be construed to limit Seminole’s rights, remedies, or interests with respect to the Lease.

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION IN RE: § § Case No. 20-32633-SGJ STUDIO MOVIE GRILL HOLDINGS, § CHAPTER 11 LLC., et al., § § Jointly Administered Debtors. § OBJECTION TO SECOND AMENDED JOINT PLAN OF REORGANIZATION Seminole Mall LP (“Seminole”) files this Objection (“Objection”) to confirmation of the Second Amended Joint Plan of Reorganization for Studio Movie Grill Holdings, LLC and Jointly Administered Debtors dated March 5, 2021 [Docket No. 700] (the “Plan”) and respectfully states as follows: I. BACKGROUND 1. October 23, 2020 (the “Petition Date”), Movie Grill Concepts XXVII, LLC (“Movie Grill”) and its debtor affiliates (collectively, the “Debtors”) filed their voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Texas (“Court”). The cases are jointly administered under Case No. 20-32633-SGJ. 2. Prior to the Petition Date, on or around April 1, 2016, Movie Grill entered into a lease agreement with Seminole for premises located in the Seminole City Center, Pinellas County, Florida (as subsequently amended and restated, the “Lease”). The Lease is a lease of real property in a shopping center for purposes of 11 U.S.C. § 365(b)(3). 3. The term of the Lease expires in 2031. Under the Lease, Movie Grill is responsible for payment of (i) monthly rent; (ii) its proportionate share of the common area maintenance (“CAM”) charges, and (iii) its proportionate share of the real estate taxes (“RET”).

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4. On March 5, 2021, the Debtors filed their Plan and their Supplement to the Amended Plan of Reorganization for Studio Movie Grill Holdings, LLC and Jointly Administered Debtors [Docket No. 702] (the “Plan Supplement”). Exhibit L to the Plan Supplement identifies unexpired leases which the Debtor may assume under the Plan. [Docket No. 702-12] Schedule L includes the Lease as a lease to be assumed; however, the Debtors note: This Executory Contract and/or Unexpired Lease shall constitute an Assumed Executory Contract and Unexpired Lease under the Plan and be assumed by the applicable Reorganized Debtor(s) pursuant to the Plan only if and to the extent it is amended on terms acceptable in writing to the Agent, the DIP Lenders, and the Prepetition Lenders by not later than confirmation of the Plan by Final Order, and to the extent such Executory Contract and/or Unexpired Lease is no so amended prior to such time, unless agreed to otherwise in writing by the Agent, the DIP Lenders, and the Prepetition Lenders, such Executory Contract and/or Unexpired Lease shall be deemed to be removed from the Assumed Executory Contract and Unexpired Lease List and added to the Rejected Executory Contract and Unexpired Lease List and be deemed rejected on the Effective Date pursuant to the Plan. See Plan Supplement, Exhibit L. Exhibit L further identifies the “Cure Due at Emergence” as $140,000.00. Id. 5. The parties are currently negotiating potential amendments and modifications to the Lease; however, such amendments and/or modifications have not yet been finalized. Depending on the final amendments and/or modifications to the Lease, the cure amount due at emergence may change. However, based on the current terms of the Lease, as of February 16, 2021, the amount outstanding is at least $186,715.30. Accordingly, Seminole files this Objection to the Plan because the Plan does not comply with Bankruptcy Code Section 1129(a)(1) or 365(b)(1). II. OBJECTION 6. Under Section 1129(a)(1), a court may only confirm a plan if the plan complies

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proposed assumption and assignment of the Lease, the Debtors are required to cure all outstanding defaults pursuant to Bankruptcy Code section 365(b)(1). 11 U.S.C. § 365(b)(1). The Debtors must also compensate the Landlord for any pecuniary losses under the Lease. 11 U.S.C. § 365(b)(1)(B). 7. The Debtors propose to assume the Lease under the Plan; however, the proposed cure amount is $140,000.00. Seminole recognizes this amount may change due to current negotiations with the Debtors; however, because the parties have not yet finalized any amendment or modification to the Lease, Seminole objects to this amount under the current terms of the Lease because it does not include all past due rent, real property tax and various other obligations expressly provided in the Lease. The amount outstanding as of February 16, 2021 is $186,715.30 (“Corrected Cure Amount”).1 The Corrected Cure Amount is set forth on the Account Summary attached hereto as Exhibit A. 8. Section 365(b) requires the Debtors to cure all outstanding defaults under the Lease before the Debtors may assume the Lease. The Plan does not cure all outstanding defaults under the current terms of the Lease. Accordingly, Seminole objects to confirmation of the Plan unless such cure amount is corrected, such that Seminole will receive the Corrected Cure Amount upon assumption. III. RESERVATION OF RIGHTS 9. Seminole reserves all rights to amend and/or supplement this Objection, including, without limitation, adding any obligations that accrue, arise, or are related to the pre-assumption and assignment period that subsequently becomes known to Seminole. Seminole further reserves its rights to raise any additional objections to any assumption and assignment of the Lease, 1 In addition to the Corrected Cure Amount detailed herein, as well as any amount accruing between February 16, 2021 and the date of assumption, there are accruing charges under the Lease that are subject to year-end adjustment and reconciliation that have not yet been billed under the Lease. If assumed, those obligations that have accrued but may not have yet been billed under the Lease must also be paid in full when billed in the ordinary course

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including the ability of any proposed assignee to perform and to provide the necessary adequate assurance information. Seminole expressly reserves all rights and remedies at law or in equity against the Debtors and nothing in this Objection is intended or should be construed to limit Seminole’s rights, remedies, or interests with respect to the Lease. IV. CONCLUSION WHEREFORE, based on the foregoing, Seminole respectfully requests that (i) any order authorizing the assumption of the Lease be consistent with this Objection; (ii) require the Debtors pay Seminole the Corrected Cure Amount set forth herein; and (iii) grant Seminole such further relief to which it may be entitled at law or in equity. Respectfully submitted, /s/ Lauren K. Drawhorn Jason M. Rudd Texas Bar No. 24028786 Lauren K. Drawhorn Texas Bar No. 24074528 Scott D. Lawrence Texas Bar No. 24087896 WICK PHILLIPS GOULD & MARTIN, LLP 100 Throckmorton Street, Suite 1500 Fort Worth, Texas 76102 Telephone: (817) 332-7788 Fax: (817) 332-7789 Email: jason.rudd@wickphillips.com lauren.drawhorn@wickphillips.com scott.lawrence@wickphillips.com COUNSEL FOR SEMINOLE MALL LP CERTIFICATE OF SERVICE The undersigned certifies that a true and correct copy of the foregoing document was served on March 10, 2021, by electronic filing in the CM/ECF system of the United States Bankruptcy Court for the Northern District of Texas, which will send notification of such filing to all registered parties in interest. /s/ Lauren K. Drawhorn Lauren K. Drawhorn

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EXHIBIT A

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k : SEMINOLE MALL, LP From: SEMINOLE MALL LP c/o CENTRECORP MANAGEMENT SERVICES 1250 CAROLINE STREET, SUITE 2207925 113TH STREET N. ATLANTA GA 30307 SEMINOLE FL 33772 ress: STUDIO MOVIE GRILL Tenant: STUDIO MOVIE GRILL Amount Remitted: ________________________ Remit top portion with payment. _________________________________________________________________________________________________________________________________________ARGE E MALL LP Unit: FS-7718 Lease 00009920 Invoice Date Due Date Description Charges Payments Balance Check Number1/1/2019 Balance Forward (352,932.72) 3/2/18 Jan rent 2018 (87,815.75) 87,815.75 .00 59215 3/2/18 Feb rent 2018 (87,815.75) 87,815.75 .00 59990 3/2/18 REIMBURSE LL UTILITY IN#535037 539.37 (539.37) .00 02503/12/18 Mar Rent 2018 (87,815.75) 87,815.75 .00 00060014 4/12/18 April rent 2018 (87,815.75) 87,815.75 .00 60540 8/21/18 2017ActualsCredit-Applied byPM (2,209.09) 2,209.09 .00 Zero Cash - 9921/1/2019 1/1/2019 BASE RENT 59,896.67 (59,896.67) .00 67890 1/1/2019 1/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 4,013.08 (4,013.08) .00 678901/1/2019 1/1/2019 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 678901/1/2019 1/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 759.11 (759.11) .00 678901/1/2019 1/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 678901/1/2019 1/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 859.74 (859.74) .00 678902/1/2019 2/1/2019 BASE RENT 59,896.67 (59,896.67) .00 9244 2/1/2019 2/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 4,013.08 (4,013.08) .00 92442/1/2019 2/1/2019 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 92442/1/2019 2/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 759.11 (759.11) .00 92442/1/2019 2/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 92442/1/2019 2/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 859.74 (859.74) .00 92442/1/2019 2/1/2019 REIM LL RE ROOFING REPAIR - AC 145.00 (145.00) .00 02503/1/2019 3/1/2019 BASE RENT 59,896.67 (59,896.67) .00 9624 3/1/2019 3/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 4,013.08 (4,013.08) .00 96243/1/2019 3/1/2019 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 96243/1/2019 3/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 759.11 (759.11) .00 96243/1/2019 3/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 96243/1/2019 3/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 859.74 (859.74) .00 96244/1/2019 4/1/2019 BASE RENT 59,896.67 (59,896.67) .00 0250 4/1/2019 4/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 4,013.08 (4,013.08) .00 02504/1/2019 4/1/2019 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 02504/1/2019 4/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 759.11 (759.11) .00 02504/1/2019 4/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 0250

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5/1/2019 5/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 09115/1/2019 5/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 859.74 (859.74) .00 09116/1/2019 6/1/2019 BASE RENT 59,896.67 (59,896.67) .00 1773 6/1/2019 6/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 4,013.08 (4,013.08) .00 17736/1/2019 6/1/2019 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 17736/1/2019 6/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 759.11 (759.11) .00 17736/1/2019 6/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 17736/1/2019 6/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 859.74 (859.74) .00 17736/5/2019 6/5/2019 2018 CAM ACTUAL 9,141.90 (9,141.90) .00 28146/5/2019 6/5/2019 PINELLAS CNTY,FL @ 6.7%-PM 612.51 (612.51) .00 28146/5/2019 6/5/2019 2018 TAX ACTUAL (9,143.90) 9,143.90 .00 28146/5/2019 6/5/2019 PINELLAS CNTY,FL @ 6.7%-PM (612.64) 612.64 .00 28146/13/2019 6/13/2019 REIMBURSE LL RE ROOF LEAK>HVAC 245.00 245.00 000745077/1/2019 7/1/2019 BASE RENT 59,896.67 (59,896.67) .00 2814 7/1/2019 7/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 4,013.08 (4,013.08) .00 28147/1/2019 7/1/2019 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 28147/1/2019 7/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 759.11 (759.11) .00 28147/1/2019 7/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 28147/1/2019 7/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 859.74 (859.74) .00 28148/1/2019 8/1/2019 BASE RENT 59,896.67 (59,896.67) .00 73626 8/1/2019 8/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 4,013.08 (4,013.08) .00 736268/1/2019 8/1/2019 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 736268/1/2019 8/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 759.11 (759.11) .00 736268/1/2019 8/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 736268/1/2019 8/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 859.74 (859.74) .00 736269/1/2019 9/1/2019 BASE RENT 59,896.67 (59,896.67) .00 000745079/1/2019 9/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 4,013.08 (4,013.08) .00 000745079/1/2019 9/1/2019 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 000745079/1/2019 9/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 759.11 (759.11) .00 000745079/1/2019 9/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 000745079/1/2019 9/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 859.74 (859.74) .00 0007450710/1/2019 10/1/2019 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 0007512610/1/2019 10/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 759.11 (759.11) .00 0007512610/1/2019 10/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 0007512610/1/2019 10/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 859.74 (859.74) .00 0007512610/1/2019 10/1/2019 BASE RENT 59,896.67 (59,896.67) .00 0007512610/1/2019 10/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 4,013.08 (4,013.08) .00 0007512611/1/2019 11/1/2019 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 7625711/1/2019 11/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 759.11 (759.11) .00 7625711/1/2019 11/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 7625711/1/2019 11/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 859.74 (859.74) .00 7625711/1/2019 11/1/2019 BASE RENT 59,896.67 (59,896.67) .00 7625711/1/2019 11/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 4,013.08 (4,013.08) .00 7625712/1/2019 12/1/2019 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 7697512/1/2019 12/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 759.11 (759.11) .00 7697512/1/2019 12/1/2019 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 7697512/1/2019 12/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 859.74 (859.74) .00 7697512/1/2019 12/1/2019 BASE RENT 59,896.67 (59,896.67) .00 7697512/1/2019 12/1/2019 PINELLAS CNTY,FL @ 6.7%-PM 4,013.08 (4,013.08) .00 769751/1/2020 1/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,330.00 (11,330.00) .00 776541/1/2020 1/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 736.45 (736.45) .00 776541/1/2020 1/1/2020 OPERATING RECOVERY-ESTIMATE 12,832.00 (12,832.00) .00 776541/1/2020 1/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 834.08 (834.08) .00 776541/1/2020 1/1/2020 BASE RENT 59,896.67 (59,896.67) .00 77654

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1/1/2020 1/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (834.08) 834.08 .00 776541/1/2020 1/1/2020 OPERATING RECOVERY-ESTIMATE 11,857.00 (11,857.00) .00 776541/1/2020 1/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 770.71 (770.71) .00 776541/1/2020 1/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 (11,464.00) .00 776541/1/2020 1/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 (745.16) .00 776541/10/2020 1/10/2020 Jan Rent 2020 (89,690.60) (1,063.78) 776542/1/2020 2/1/2020 OPERATING RECOVERY-ESTIMATE 11,857.00 (11,857.00) .00 784162/1/2020 2/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 770.71 (770.71) .00 784162/1/2020 2/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 (11,464.00) .00 784162/1/2020 2/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 (745.16) .00 784162/1/2020 2/1/2020 BASE RENT 59,896.67 (59,896.67) .00 78416 2/1/2020 2/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 (3,893.28) .00 784163/1/2020 3/1/2020 Feb Rent 2020 (89,690.60) (1,063.78) 784163/1/2020 3/1/2020 OPERATING RECOVERY-ESTIMATE 11,857.00 11,857.003/1/2020 3/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 770.71 770.71 3/1/2020 3/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 11,464.003/1/2020 3/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 745.16 3/1/2020 3/1/2020 BASE RENT 59,896.67 59,896.67 3/1/2020 3/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 3,893.283/11/2020 3/11/2020 ROOF LEAK RE A/C 10&11 195.00 195.00 4/1/2020 4/1/2020 OPERATING RECOVERY-ESTIMATE 11,857.00 11,857.004/1/2020 4/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 770.71 770.71 4/1/2020 4/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 11,464.004/1/2020 4/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 745.16 4/1/2020 4/1/2020 BASE RENT 59,896.67 59,896.67 4/1/2020 4/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 3,893.285/1/2020 5/1/2020 OPERATING RECOVERY-ESTIMATE 11,857.00 11,857.005/1/2020 5/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 770.71 770.71 5/1/2020 5/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 11,464.005/1/2020 5/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 745.16 5/1/2020 5/1/2020 BASE RENT 59,896.67 59,896.67 5/1/2020 5/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 3,893.286/1/2020 6/1/2020 OPERATING RECOVERY-ESTIMATE 11,857.00 11,857.006/1/2020 6/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 770.71 770.71 6/1/2020 6/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 11,464.006/1/2020 6/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 745.16 6/1/2020 6/1/2020 BASE RENT 59,896.67 59,896.67 6/1/2020 6/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 3,893.287/1/2020 7/1/2020 2019 CAM ACTUALS (17,436.98) (17,436.98) 7/1/2020 7/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (1,133.40) (1,133.40)7/1/2020 7/1/2020 2019 TAX ACTUALS 1,606.42 1,606.42 7/1/2020 7/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 104.42 104.42 7/1/2020 7/1/2020 OPERATING RECOVERY-ESTIMATE 11,857.00 11,857.007/1/2020 7/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 770.71 770.71 7/1/2020 7/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 11,464.007/1/2020 7/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 745.16 7/1/2020 7/1/2020 BASE RENT 59,896.67 59,896.67 7/1/2020 7/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 3,893.288/1/2020 8/1/2020 BASE RENT 59,896.67 (27,262.89) 32,633.78 000806768/1/2020 8/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 3,893.288/1/2020 8/1/2020 OPERATING RECOVERY-ESTIMATE 11,857.00 11,857.008/1/2020 8/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 770.71 770.71 8/1/2020 8/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 11,464.008/1/2020 8/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 745.16

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9/1/2020 9/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 11,464.009/1/2020 9/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 745.16 9/1/2020 9/1/2020 DEFERRED REC-MAR-SEP/20 (83,217.67) (83,217.67)9/1/2020 9/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (5,409.15) (5,409.15)9/1/2020 9/1/2020 DEFERRED REC-MAR-SEP/20 (83,217.67) (83,217.67)9/1/2020 9/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (5,409.15) (5,409.15)9/1/2020 9/1/2020 DEFERRED REC-MAR-SEP/20 (83,217.67) (83,217.67)9/1/2020 9/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (5,409.15) (5,409.15)9/1/2020 9/1/2020 DEFERRED REC-MAR-SEP/20 (83,217.67) (83,217.67)9/1/2020 9/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (5,409.15) (5,409.15)9/1/2020 9/1/2020 DEFERRED REC-MAR-SEP/20 (83,217.67) (83,217.67)9/1/2020 9/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (5,409.15) (5,409.15)9/1/2020 9/1/2020 DEFERRED REC-MAR-SEP/20 (83,217.67) (83,217.67)9/1/2020 9/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (5,409.15) (5,409.15)9/1/2020 9/1/2020 DEFERRED REC-MAR-SEP/20 (83,217.67) (83,217.67)9/1/2020 9/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (5,409.15) (5,409.15)10/1/2020 10/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 11,464.0010/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 745.1610/1/2020 10/1/2020 DEFERRED REC-OCT/20 (83,217.67) (83,217.67)10/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (5,409.15) (5,409.15)10/1/2020 10/1/2020 BASE RENT 59,896.67 59,896.67 10/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 3,893.2810/1/2020 10/1/2020 OPERATING RECOVERY-ESTIMATE 11,857.00 11,857.0010/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 770.71 770.7110/1/2020 10/1/2020 DEFERRED REC-ADJ AUG/20 (76,773.49) (76,773.49)10/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (4,990.28) (4,990.28)10/1/2020 10/1/2020 DEFERRED REC-RV MAR-APR/20 83,217.67 83,217.6710/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 5,409.15 5,409.1510/1/2020 10/1/2020 DEFERRED REC-RV MAR-APR/20 83,217.67 83,217.6710/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 5,409.15 5,409.1510/1/2020 10/1/2020 DEFERRED REC-RV JUL-AUG/20 83,217.67 83,217.6710/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 5,409.15 5,409.1510/1/2020 10/1/2020 DEFERRED REC-RV JUL-AUG/20 83,217.67 83,217.6710/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 5,409.15 5,409.1510/1/2020 10/1/2020 DEFERRED REC-ADJ MARCH/20 (65,901.80) (65,901.80)10/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (4,283.62) (4,283.62)10/1/2020 10/1/2020 DEFERRED REC-ADJ APRIL/20 (82,817.32) (82,817.32)10/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (5,383.13) (5,383.13)10/1/2020 10/1/2020 DEFERRED REC-ADJ JULY/20 (77,160.94) (77,160.94)10/1/2020 10/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (5,015.46) (5,015.46)11/1/2020 11/1/2020 OPERATING RECOVERY-ESTIMATE 11,857.00 (11,857.00) .00 0008162411/1/2020 11/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 770.71 (770.71) .00 0008162411/1/2020 11/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 (11,464.00) .00 0008162411/1/2020 11/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 (745.16) .00 0008162411/1/2020 11/1/2020 BASE RENT 59,896.67 (24,626.19) 35,270.48 0008162411/1/2020 11/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 (3,893.28) .00 0008162412/1/2020 12/1/2020 BASE RENT 59,896.67 (3,922.11) 55,974.56 0008199812/1/2020 12/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 (3,893.28) .00 0008199812/1/2020 12/1/2020 OPERATING RECOVERY-ESTIMATE 11,857.00 11,857.0012/1/2020 12/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 770.71 (770.71) .00 0008199812/1/2020 12/1/2020 REALTY TAX RECOVERY-ESTIMATE 11,464.00 11,464.0012/1/2020 12/1/2020 PINELLAS CNTY,FL @ 6.5%-PM 745.16 (745.16) .00 0008199812/1/2020 12/1/2020 DEFERRED REC-OCT/20 (77,447.59) (77,447.59)12/1/2020 12/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (5,034.09) (5,034.09)

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12/1/2020 12/1/2020 DEFERRED REC-SEPT/20 (75,440.29) (75,440.29)12/1/2020 12/1/2020 PINELLAS CNTY,FL @ 6.5%-PM (4,903.62) (4,903.62)12/8/2020 12/8/2020 LEAK ATTRIBUTABLE TO HVAC 330.00 330.00 12/8/2020 12/8/2020 PINELLAS CNTY,FL @ 6.5%-PM 21.45 21.45 12/14/2020 12/14/2020 LEAK INVESTIGATION (351.45) (351.45) 000813701/1/2021 1/1/2021 NOV RENT & PYMT ON ACCT (58,356.34) (5,000.00) 000816241/1/2021 1/1/2021 REALTY TAX RECOVERY-ESTIMATE 11,960.00 (11,960.00) .00 WIRE 211EJ381/1/2021 1/1/2021 PINELLAS CNTY,FL @ 6.5%-PM 777.40 (777.40) .00 WIRE 211EJ381/1/2021 1/1/2021 OPERATING RECOVERY-ESTIMATE 12,951.00 (12,951.00) .00 WIRE 211EJ381/1/2021 1/1/2021 PINELLAS CNTY,FL @ 6.5%-PM 841.82 (841.82) .00 WIRE 211EJ381/1/2021 1/1/2021 BASE RENT 59,896.67 (7,424.82) 52,471.85 WIRE 211EJ381/1/2021 1/1/2021 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 3,893.281/1/2021 1/1/2021 DEFERRED REC-NOV/20 (44,922.50) (44,922.50)1/1/2021 1/1/2021 PINELLAS CNTY,FL @ 6.5%-PM (2,919.96) (2,919.96)1/1/2021 1/1/2021 DEFERRED REC-Jan/21-Dec/23 19,356.13 19,356.131/1/2021 1/1/2021 PINELLAS CNTY,FL @ 6.5%-PM 1,258.15 1,258.151/1/2021 1/1/2021 DEFERRED REC-Dec/20 (29,921.33) (29,921.33)1/1/2021 1/1/2021 PINELLAS CNTY,FL @ 6.5%-PM (1,944.89) (1,944.89)2/1/2021 2/1/2021 OPERATING RECOVERY-ESTIMATE 12,951.00 12,951.002/1/2021 2/1/2021 PINELLAS CNTY,FL @ 6.5%-PM 841.82 841.82 2/1/2021 2/1/2021 REALTY TAX RECOVERY-ESTIMATE 11,960.00 11,960.002/1/2021 2/1/2021 PINELLAS CNTY,FL @ 6.5%-PM 777.40 777.40 2/1/2021 2/1/2021 BASE RENT 59,896.67 59,896.67 2/1/2021 2/1/2021 PINELLAS CNTY,FL @ 6.5%-PM 3,893.28 3,893.282/1/2021 2/1/2021 DEFERRED REC-Jan/21-Dec/23 19,356.13 19,356.132/1/2021 2/1/2021 PINELLAS CNTY,FL @ 6.5%-PM 1,258.15 1,258.152/5/2021 2/5/2021 FEB 2021 RENT (31,855.22) (31,855.22) 00082170_________________________________________________________________________________________________________________________________________ SUMMARY Balance Prior To 1/1/2019 (352,932.72) Plus Charges From 1/1/2019 1,603,638.77 Less Payments / Credits From 1/1/2019 (1,063,990.75) AMOUNT DUE: 186,715.30