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











February 12th, 2004




George Nikolis
4 Clayton Lane
Randolph, N.J. 07869

Premises:

4 Clayton Lane
Randolph, NJ 07869




Dear George:


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

                       
                SECURITY AMOUNT   $ 1875.00
         Ad Recorder Publishing  -$   61.57
         Ad Recorder publishing  -$  123.15
                Ad Daily Record  -$   41.41
                Ad Daily Record  -$  172.28
                 Penalty as per 
               Rental Agreement  -$  350.00
__________________________________________________
                    TOTAL DUE     $ 1126.59


Very truly yours,









William Imperial, Landlord