| Schedule of Property Settlement Obligations |
The following table summarizes the status of our
property settlements as noted above and the total settlement amounts as of the date of the filing:
| LOCATION | | PROPERTY
NAME | | ORIGINAL
OBLIGATION | | | SETTLEMENT
AMOUNT | | | DATE OF
AWARD | | INTEREST
RATE | | | INTEREST
ACCRUED
ON SETTLEMENT | | | TOTAL
SETTLEMENT
OBLIGATION | | | TYPE OF
SETTLEMENT | | WAYZETTA, MN | | WAZETTA BAY | | $ | 407,000 | | | $ | 25,000 | | | NA | | | - | | | | - | | | $ | 25,000 | | | CASH PAYMENT OBLIGATION | | EAGAN, MN | | VIKINGS | | $ | 767,000 | | | $ | 488,491 | | | 12/7/2023 | | | 10 | % | | $ | 113,089 | | | $ | 601,580 | | | DEFAULT JUDGEMENT | | ST. LOUIS PARK, MN | | EXCELSIOR | | $ | 673,000 | | | $ | 425,350 | | | 5/22/2024 | | | 10 | % | | $ | 79,010 | | | $ | 504,360 | | | DEFAULT JUDGEMENT | | ST. PAUL, MN | | CONTINENTAL 560 | | $ | 1,153,000 | | | $ | 415,606 | | | 1/22/2024 | | | 10 | % | | $ | 90,978 | | | $ | 506,584 | | | DEFAULT JUDGEMENT | | MAPLE GROVE, MN | | BUTTNICK | | $ | 1,153,127 | | | $ | 219,000 | | | 10/3/2022 | | | 10 | % | | $ | 76,500 | | | $ | 295,500 | | | SETTLEMENT AGREEMENT | | DENVER, CO | | RADIANT | | $ | 782,000 | | | $ | 530,557 | | | | | | - | | | | - | | | $ | 530,557 | | | DISMISSED | | DENVER, CO | | QUINCY | | $ | 1,079,000 | | | $ | 848,764 | | | 11/14/2023 | | | 12 | % | | | 138,486 | | | $ | 987,250 | | | DEFAULT JUDGEMENT | | | | TOTAL | | $ | 6,014,127 | | | $ | 2,952,768 | | | | | | | | | $ | 498,063 | | | $ | 3,450,831 | | | |
|
The Company has
released the property back to the leaseholder | LOCATION | | PROPERTY
NAME | | ORIGINAL
OBLIGATION | | | SETTLEMENT
AMOUNT | | | DATE OF
AWARD | | INTEREST
RATE | | | INTEREST
ACCRUED
ON
SETTLEMENT | | | TOTAL
SETTLEMENT
OBLIGATION | | | TYPE OF
SETTLEMENT | | WAYZETTA, MN | | WAZETTA BAY | | $ | 407,000 | | | $ | 25,000 | | | NA | | | - | | | | - | | | $ | 25,000 | | | CASH PAYMENT OBLIGATION | | EAGAN, MN | | VIKINGS | | $ | 767,000 | | | $ | 488,491 | | | 12/7/2023 | | | 10 | % | | $ | 101,044 | | | $ | 589,535 | | | DEFAULT JUDGEMENT | | ST. LOUIS PARK, MN | | EXCELSIOR | | $ | 673,000 | | | $ | 425,350 | | | 5/22/2024 | | | 10 | % | | $ | 68,522 | | | $ | 493,872 | | | DEFAULT JUDGEMENT | | ST. PAUL, MN | | CONTINENTAL 560 | | $ | 1,153,000 | | | $ | 415,606 | | | 1/22/2024 | | | 10 | % | | $ | 80,730 | | | $ | 496,336 | | | DEFAULT JUDGEMENT | | MAPLE GROVE, MN | | BUTTNICK | | $ | 1,153,127 | | | $ | 219,000 | | | 10/3/2022 | | | 10 | % | | $ | 71,100 | | | $ | 290,100 | | | SETTLEMENT AGREEMENT | | DENVER, CO | | RADIANT | | $ | 782,000 | | | $ | 530,557 | | | | | | - | | | | - | | | $ | 530,557 | | | DISMISSED | | DENVER, CO | | QUINCY(1) | | $ | 1,079,000 | | | $ | 848,764 | | | 11/14/2023 | | | 12 | % | | | 113,372 | | | $ | 962,136 | | | DEFAULT JUDGEMENT | | | | TOTAL | | $ | 6,014,127 | | | $ | 2,952,768 | | | | | | | | | $ | 434,768 | | | $ | 3,387,536 | | | |
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