Exhibit B -- Specifics of the Loan

California Residents Only

Loan Number: 1858
Minimum participation: $17,500
Call for availability of smaller participations
Loan Amount: $200,000
Type: First Mortgage
Yield: 9.0%*

PROPERTY

Project: TRUXTUN AVENUE MEDICAL BUILDING

Property address: 2200 Truxtun Avenue, Bakersfield, CA

Description: The subject property is an owner occupied 3,370SF medical office building.

EQUITY ANALYSIS

OPERATING STATEMENT

INCOME Rental Income Other Income	. $58,638
. . . . . . . . . . . . . . . . . Total Income:	$58,638
Less 5% Vacancy Allowance	$2,932
. . . . . . . . . Effective Gross Income:	$55,706

EXPENSES Gas and Electric Insurance Salaries & Wages Management Offsite Repairs & maint. Taxes (Real Estate) Reserves for replacement Miscellaneous Legal & Audit Advertising Interest Total Expenses:     NET OPERATING INCOME Note: Pro forma based on appraiser's estimates.

. $4,044 $6,155 $10,199 $45,507

TERMS

BORROWERS

TRUXTUN AVENUE MEDICAL BUILDING

We are VERY enthused about this loan offering, secured by a 3,370S/F owner-occupied medical building in downtown Bakersfield, California.

Bakersfield is centrally located in the middle of the state, at the southern end of the central valley roughly equidistant between Fresno and L.A. Its 2007 population was estimated at 323,213, making it the 11th largest city in California and the 58th largest city in the nation. It’s the county seat of Kern County, which relies heavily on agriculture, manufacturing, and most importantly, oil and natural gas. Kern county accounts for 85% of the state’s oil production.

This medical office building is very well located on Truxtun Avenue, one of two thoroughfares through downtown and within 1 ½ miles of three highways. Across the street is Mercy Hospital of Bakersfield, part of Catholic Healthcare West, the eighth largest hospital system in the nation with over 40 hospitals and medical centers across California, Nevada and Arizona. We’ve found that well-situated smaller medical office buildings, i.e. across the street from a hospital, rarely go unoccupied. As Bakersfield has grown this decade, downtown vacancy rates have declined from 12.55% in 2000 to 3.5% today.

The one-story 3,370 S/F building sits on a 7,658 S/F parcel and was built in 1950 and renovated in the late 1990's. It has 12 rear parking spaces and is arranged as a medical facility, with six examination rooms, three offices, nurses station, waiting room, five bathrooms, employee lounge and a laboratory.

Our borrower is a closely-held partnership owned by a husband & wife who will provide their personal guarantees. He has been in the medical field for 38 years and a primary care physician for the last 28 years; she is an office administrator. He occupies the property and leases office space to a surgery group for $1,500/mo. Their tax returns show an adjusted gross income of $176,982 in 2006 and $188,278 in 2005, comprised mostly of the medical practice as a sole proprietor. The practice grossed $334,543 in 2006 and $420,549 in 2005, netting $145,942 and $225,436, respectively. The guarantors credit mid-scores are both 496 but their income, stable professional practice and very low loan-to-value help to mitigate their sloppy credit. It appears they have the ability to make the monthly payment on this small office building in California. Remember, small loans have small payments.

The property appraised for $500,000, which we corroborated with local real estate broker’s opinions (a range between $545,000 and $610,000). Their valuations are based on sales (and listings) of other nearby commercial development property.

At a 9.0% yield and only a 40.0% LTV on a small California property,, this loan appears to be a good 5-year investment. Every first mortgage investment involves substantial risk, so be sure to read the Risk Factors section of the Offering Circular before investing. A substantial and prolonged decline in real estate values is possible.

For California Residents Only INVEST IN CORN FARM LAND Take Advantage of Rising Corn Prices Due to Increasing Ethanol Demand Over 75 New Ethanol Plants Are Currently Under Construction1 Wealthier Chinese and Indian Middle Class Consumers Are Eating More Meat – Two-Thirds of Corn Production is Used to Feed Livestock2 Farm Land Produces Income Even During Recessions Invest With as Little as $5,000 Very Suitable for IRA’s Farm Land Purchased With All Cash – No Leverage Used Each Farm Inspected By Certified Agronomist3 Farms Leased to Experienced Growers Short Term Investment – Just 3.5 to 4 Years Farms Will Be Sold When Most of the New Ethanol Plants Are Completed Investments Managed By Blackburne & Brown, a 27-Year-Old Company BLACKBURNE & BROWN MORTGAGE COMPANY, INCORPORATED IS CURRENTLY SERVICING OVER $50 MILLION IN FIRST MORTGAGE AND CORN FARM LAND INVESTMENTS FOR OVER 900 PRIVATE INVESTORS For An Offering Circular Please Call Warren More at 916-338-3232 or CLICK HERE Only Accredited Investors are suitable to invest in Blackburne & Brown Equity Preservation Fund, LLC, which will invest in corn farm land investments.  In order to qualify as an Accredited Investor, an individual Investor must satisfy the requirements of either paragraph (1) or (2) below and, in addition, must satisfy the requirements of  paragraph (3) below: (1)        The Investor’s net worth, or joint net worth with such investor’s spouse, at the time of purchase must exceed $1,000,000 (the value of the Investor’s home, furnishings and automobiles may be included for purposes of calculating such investor’s net worth under this paragraph); or (2)        The Investor’s income exceeded $200,000 in each of the two most recent years, or joint income with his or her spouse exceeded $300,000 in each of those years, and the investor has a reasonable expectation of reaching the same income level in the current year; and (3)        Each Investor must have either:  (a) a net worth of at least $250,000 and an annual gross income of at least $65,000; or (b) a net worth of at least $500,000. (the value of the Investor’s home, furnishings and automobiles may not be included for the purposes of calculating such Investor’s net worth under this paragraph).Other standards may apply to investors that are not individuals, such as trusts, partnerships or other entities.  Specific questions concerning Accredited Investor status should be directed to the Manager.All Units may be acquired for investment purposes only, and not with a view to, or for resale in connection with, any distribution thereof (see, “Restrictions on Transfer”). --------------------------------------------- 1Biofuels Journal, November 6, 2006 2Mark McLornan, Argo Terra, global farming company, DailyReckoning.com, March 19, 2007 3Marc Eads, Certified Farm Analyst (CFA) This notice does not constitute an offer to sell corn farm land investments. An offer is made only through an Offering Circular.  Investing in corn farm land involves substantial risk.  Please be sure to read the Risk Factors section of the Offering Circular before investing. For An Offering Circular Please Call Warren More at 916-338-3232 or CLICK HERE   Blackburne & Brown Mortgage Company, Inc.--For more information, contact George Blackburne 4811 Chippendale Drive, Suite 101, Sacramento, CA 95841 telephone: (916) 338-3232 * Fax: (916) 338-2328 Real Estate Broker -- California Department of Real Estate -- License Number 829677 Publicly advertised to California residents only under California Department of Corporations business plan permit. Return to C-Loans Home Page | Return to Blackburne.com Home Page Copyright © 2008 Blackburne & Brown Mortgage Company, Inc. All rights reserved. 800-606-3232 If you wish to not receive our e-mail investment bulletins in the future, please send an e-mail with "bulletin unsubscribe" in the subject line.