Exhibit B -- Specifics of the Loan

California Residents Only

Loan Number: 1843
Minimum participation: $25,000
Loan Amount: $3,380,000
Type: First Mortgage
Yield: 10.50%*

PROPERTY

Project: ON THE BORDER RESTAURANT

Property address: 40868 Winchester Road, Temecula, California

Description: The subject property is an 8,350SF single story restaurant situated on a 1.1 acre site.

EQUITY ANALYSIS

OPERATING STATEMENT

INCOME Rental Income Other Income	$343,686
. . . . . . . . . . . . . . . . . Total Income:	$343,686
Less 5% Vacancy Allowance	$17,184
. . . . . . . . . Effective Gross Income:	$326,502

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.

. $14,693 $1,253 $15,945 $310,557

TERMS

BORROWERS

ON THE BORDER RESTAURANT

We are pleased to offer this investment on a near-institutional-grade property, guaranteed by a wealthy Southern California restaurant magnate with excellent credit. In our opinion, this loan could arguably qualify for bank financing, but the borrower is seeking private financing to close this transaction within 30 days. We are jointly originating and funding this deal with our syndication partner, Point Center Financial, another hard money broker. They have previously provided financing on two Applebee's restaurants owned by the guarantor. Both loans originated in 2002 and continue to be repaid as agreed.

This loan is a First Trust Deed on a single story, On the Border Mexican Grill & Cantina Restaurant located in front of the Promenade Mall at 40868 Winchester Road, Temecula, Riverside County, California. The property has approximately 8,350 sq. ft. net rentable area on a 1.1 acre site.

Temecula has a 2007 estimated population of 97,935 residents. The desirability of Temecula as a home for businesses and residents is enhanced by the broad range of activities available in the immediate area. With neighboring Murrieta, Temecula forms the southwestern anchor of the Inland Empire region. It is almost equidistant to San Diego and Orange County (each approximately 50 miles away). Temecula is also home to many military families from nearby MCB Camp Pendleton, MCAS Miramar, March Air Reserve Base and Navy bases in San Diego. Temecula is well known for hot air balloon rides and winery tours as well as its nine local golf courses.

The subject property has immediate access to Winchester Road running east and west and Interstate I-15 located approximately one third mile to the west. The junction of Interstates I-15 and I-215 is about two miles north of the subject. A significant draw to the restaurant is the traffic generated by the Promenade Mall. The 766,500 sq. ft., two-level mall features three major anchor tenants: Macy’s, Sears and JC Penney. The outside Entertainment Plaza adjacent to the mall features a 4,000 seat, 15 screen Edwards Cinemas megaplex. One hundred specialty retail stores and restaurants are within the immediate area of the mall. The Temecula Planning Commission has approved plans for a 126,000 sq. ft. mall expansion, which will include the construction of an outdoor shopping area and two above-ground parking structures.

Several newer residential subdivisions are located north and east of the property. Commercial and industrial properties are located along the west side of Interstate 1-15. Just south of the subject property is the Pechanga Resort and Casino. The indian casino/resort is Temecula Valley’s number one employer, and includes a large casino, bingo hall, hotel, convention center, showroom, cabaret lounge and seven restaurants.

The subject is a single story restaurant situated on a 1.1 acre site with approximately 8,350 net rentable sq. ft. The wood frame and stucco structure has street frontage on Winchester Road between Ynez Road and Margarita Road at the southwestern perimeter of the mall. The property has good ingress and egress from both Winchester Road and Ynez Road. The building features a bar area, indoor and patio dining along with an area for take out orders. There is ample uncovered parking assigned to the subject with further onsite parking available through a reciprocal parking agreement with the shopping mall.

The borrower is a California limited liability company formed in 1999 and is 100% controlled by the guarantor, 65% personally and 35% in a closely-held partnership. This LLC owns two On The Border restaurant properties, here and in Rancho Cucamonga.

The borrower acquired the subject site and constructed the building improvements in 2000 and leases the property at a minimum monthly base rent of $28,633 to another LLC, which is also controlled by the principal/guarantor. That company operates several On The Border restaurant franchises; its Temecula franchise agreement extends to June, 2020. The lease also expires in 2020 and contains rent escalations every 5 years. Taxes, insurance, maintenance, utilities and common area management are all paid by the tenant. Any shortfall between monthly rents received from the subject and the monthly payment will be covered by the cash flow generated by related businesses owned by the guarantor.

On The Border Mexican Grill & Cantina is described by its parent, Brinker International, Inc. (www.brinker.com), as the largest casual dining Mexican chain restaurant in the country, with 158 locations in 32 states (per their 2007 annual report). Brinker is a 32 year-old company with over 1,000 restaurants, including Chili's Bar & Grill and Romano's Macaroni Grill. Its 2007 gross sales exceeded $4.0 billion.

The guarantor is a real estate developer, owner/manager, and restaurant franchisee with business operations predominately in Southern California. His March, 2007 personal financial statement reflects a net worth of $208,456,039 centered in real estate along with real estate/restaurant franchise development rights. Cash on deposit with banks is listed at $3,493,297. Liabilities include $126,452,718 in real estate mortgages. He has a credit mid-score of 703, with no lates reported. The guarantor has been in the restaurant business throughout his entire career. He is highly educated in finance, economics and real estate having received an undergraduate degree from Stanford University and a graduate degree from the U.C.L.A. Graduate School of Management Executive MBA Program. He began franchising in 1983 and today owns 126 franchises. They include Burger King, Applebee’s, El Pollo Loco, Ruby’s Diner, Coco’s Bakery Restaurant, Hilton Garden Inn and Hampton Inn among others. The guarantor is one of the larger privately-owned restaurant operators in Southern California with annual sales of approximately $200 million in 2006 and over 5,000 employees.

The purpose of the loan is to refinance existing property debt to provide funds to buy out two minority partners on another property owned by the guarantor, and to provide capital for the development of new franchise restaurants. Monthly interest payments are to be made from the business cash flow of the subject property and guarantor’s related franchise businesses. Prior to maturity, the borrower intends to repay the principal balance through a refinance with an institutional lender.

At a 10.5% yield and a 65.0% LTV on an attractive, fairly new California property, with a strong guarantor and franchisee tenant, this loan appears to be a reasonable 12 month 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 © 2007 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.