BOB-WILL REALTY
P.O. Box 576
Succasunna, NJ 07876

July 12, 2001

Florence Washer
3 Village Way
Unit 5
Vernon, N.J. 07462
973-764-5632

Premises:

413 N. Church Road
Sparta, NJ 07871

Dear Florence and James:

Enclosed please find your security refund regarding the above premises as follows:

SECURITY AMOUNT $ 877.50 11/00 to 06/01 - 3% Interest $ 30.74 __________________________________________________ Total $ 908.24

Very truly yours,

William Imperial, Landlord