IMPERIAL REALTY PARTNERSHIP, L.L.P.
P.O. Box 576
Succasunna, NJ 07876











August 28, 2002




Clarles McMahon
244 N. Church Rd.
Franklin, N.J. 07416

Premises:

413 N. Church Road
Sparta, NJ 07871




Dear Chip:


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

                       
                  SECURITY AMOUNT      $ 937.50
   6/1/01 to 6/1/02 - 1% Interest      $   9.37
__________________________________________________
                       TOTAL DUE       $ 956.24


Very truly yours,









William Imperial, Landlord