September 27, 2011

Dear Investor or Interested Party,

             We are pleased to report that the final motions in the case are being prepared and are expected to be filed by the end of this week.  Once the Court sets a hearing date, it will be an estimated 30 days and final distribution checks will be mailed out.  Previously we reported to you that a final distribution of slightly less than 1% could be made in the second quarter.  We believe this financial estimate remains accurate and, as mentioned above, we will have checks ready to go out once the Court enters the order on the final motions.    

Closure of the case is in sight; please continue to monitor the website for any updates.  

Best Regards,

Brasota Mortgage Company

Gerard A. McHale, Jr.

Chapter 11 Bankruptcy Trustee