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        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>HUNG TA NGUYEN</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>1400 VIA VERDE</AddressLine1>
          <City>San Dimas</City>
          <State>CA</State>
          <ZIPCode>91773</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>500000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="STM108">
      <AccountingFees>
        <Category>ACCOUNTING FEES</Category>
        <Amount>1375</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>1375</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="STM138">
      <InvestmentsCorpBonds>
        <NameOfBond>BOA CORPORATE BONDS</NameOfBond>
        <EOYBookValue>300000</EOYBookValue>
        <EOYFMV>297006</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsGovtObligationsSch documentId="STM136">
      <StateLocalSecuritiesEOYBookVal>66493</StateLocalSecuritiesEOYBookVal>
      <StateLocalSecuritiesEOYFMV>66493</StateLocalSecuritiesEOYFMV>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="STM118">
      <InvestmentsOther>
        <CategoryOrItem>FRANKLIN INCOME CLASS C</CategoryOrItem>
        <BookValue>260815</BookValue>
        <EOYFMV>241786</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>FRANKLIN INCOME CLASS A</CategoryOrItem>
        <BookValue>71100</BookValue>
        <EOYFMV>65536</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>DELAWARE FIXED INCOME</CategoryOrItem>
        <BookValue>87849</BookValue>
        <EOYFMV>88144</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>IVY HIGH INCOME CLASS C</CategoryOrItem>
        <BookValue>86305</BookValue>
        <EOYFMV>87520</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="STM103">
      <OtherExpenses>
        <Description>BANK SERVICE FEES</Description>
        <RevenueAndExpensesPerBooks>271</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>271</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>LICENSE FEES</Description>
        <RevenueAndExpensesPerBooks>45</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>45</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>POSTAGE</Description>
        <RevenueAndExpensesPerBooks>12</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>12</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherNotesLoansRcvblLongSch documentId="STM135">
      <OtherNotesLoansRcvblLong>
        <BorrowersName>
          <Individual>ANTONIO AND PAULINE SUAREZ</Individual>
        </BorrowersName>
        <RelationshipToInsider>NONE</RelationshipToInsider>
        <OriginalAmountOfLoan>700000</OriginalAmountOfLoan>
        <BalanceDue>700000</BalanceDue>
        <DateOfNote>2008-06</DateOfNote>
        <MaturityDate>2013-02</MaturityDate>
        <RepaymentTerms>PRINCIPAL N INTEREST</RepaymentTerms>
        <InterestRate>7.00</InterestRate>
        <SecurityProvidedByBorrower>DEED OF TRUST</SecurityProvidedByBorrower>
        <PurposeOfLoan>INVESTMENT IN NOTE SECURED BY DEED OF TRUST</PurposeOfLoan>
        <ConsiderationFmv>700000</ConsiderationFmv>
      </OtherNotesLoansRcvblLong>
      <OtherNotesLoansRcvblLong>
        <BorrowersName>
          <Individual>COLONY DEVELOPERS LLC</Individual>
        </BorrowersName>
        <RelationshipToInsider>NONE</RelationshipToInsider>
        <OriginalAmountOfLoan>200000</OriginalAmountOfLoan>
        <BalanceDue>200000</BalanceDue>
        <DateOfNote>2012-08</DateOfNote>
        <MaturityDate>2014-08</MaturityDate>
        <RepaymentTerms>PRINCIPAL &amp; INTEREST</RepaymentTerms>
        <InterestRate>8.00</InterestRate>
        <SecurityProvidedByBorrower>DEED OF TRUST</SecurityProvidedByBorrower>
        <PurposeOfLoan>INVESTMENT IN NOTE SECURED BY DEED OF TRUST</PurposeOfLoan>
        <ConsiderationFmv>200000</ConsiderationFmv>
      </OtherNotesLoansRcvblLong>
      <OtherNotesLoansRcvblLong>
        <BorrowersName>
          <Individual>CAROLINE CAI</Individual>
        </BorrowersName>
        <RelationshipToInsider>NONE</RelationshipToInsider>
        <OriginalAmountOfLoan>300000</OriginalAmountOfLoan>
        <BalanceDue>289465</BalanceDue>
        <DateOfNote>2010-06</DateOfNote>
        <MaturityDate>2040-07</MaturityDate>
        <RepaymentTerms>30 YEAR FIXED MORTGA</RepaymentTerms>
        <InterestRate>5.50</InterestRate>
        <SecurityProvidedByBorrower>DEED OF TRUST</SecurityProvidedByBorrower>
        <PurposeOfLoan>INVESTMENT IN NOTE SECURED BY DEED OF TRUST</PurposeOfLoan>
        <ConsiderationFmv>289465</ConsiderationFmv>
      </OtherNotesLoansRcvblLong>
    </OtherNotesLoansRcvblLongSch>
    <SubstantialContributorsSch documentId="STM114">
      <SubstantialContributor>
        <PersonName>HUNG TA AND KHANH VAN NGUYEN</PersonName>
        <USAddress>
          <AddressLine1>1400 VIA VERDE</AddressLine1>
          <City>San Dimas</City>
          <State>CA</State>
          <ZIPCode>91773</ZIPCode>
        </USAddress>
      </SubstantialContributor>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="STM110">
      <Taxes>
        <Category>TAXES</Category>
        <Amount>1010</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>1010</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>