STATE OF GEORGIA, BIBB COUNTY, CITY OF MACON
                                              AD VALOREM TAX STATEMENT
                                                                              THOMAS W. TEDDERS, JR.
                                                                              TAX COMMISSIONER
             RUN DATE 08/16/2002         TAX YEAR = 2002                    OFFICE PHONE # 478-621-6500

          OWNER NAME         LOWDER JAMES &           ACCOUNT NUMBER    K13780-001
          PROPERTY ADDRESS   3445 TRAVIS BLVD TAX DISTRICT      1
          100% VALUE          51,600      EXEMPTION CD      S0
          40% VALUE           20,640      MORTGAGE CD       57(NOTE 1)
          MAP/ROUTE          O094-0301      MILL RATE 38.2513      MAP CODE          400 S553
          PROPERTY DESC      
                          
                                       STATE         COUNTY           CITY         SCHOOL
          BOND TAX                 10.73 23.79
          REGULAR TAX 5.16 304.75 412.02 326.09
          LATE FILING PENALTY                
          TOTAL TAX 5.16 304.75 422.75 349.88
          SALES TAX CREDIT 32.84- 260.19-
          HTRG CREDIT
          NET TAX 5.16 271.91 162.56 349.88
          CURRENT AMOUNT DUE--------> 789.51
          
          
          
          
          
          
          
           .00
 
      
          NOTE 2: GROSS MILL RATE FOR 2002    52.4486
           REDUCTION IN MILL RATE FROM PRIOR YEAR SALES TAX 14.1973
           NET MILL RATE SET FOR 2002 38.2513
          
           NOTE 1
          IF MORTGAGE CODE
          IS PRESENT, YOUR MORTGAGE
          COMPANY HAS BEEN NOTIFIED

                          RETURN THIS PORTION WITH YOUR 2ND INSTALLMENT PAYMENT
           TAX YEAR     ACCOUNT #       2ND INSTALLMENT    DUE DATE                             AMOUNT PAID
                                           AMOUNT
               2002     K13780-001    394.74        11-15-2002
  
                  INTEREST ACCRUES AFTER 11/15/2002     
 
                  LOWDER JAMES &
                  GILBERT BRIDGETTE COTINA
                  3445 TRAVIS BLVD   
                  MACON GA 31206-3438   

                          RETURN THIS PORTION WITH YOUR 1ST INSTALLMENT PAYMENT
           TAX YEAR     ACCOUNT #       1ST INSTALLMENT    DUE DATE          TOTAL DUE          AMOUNT PAID
                                           AMOUNT
               2002     K13780-001    394.77        09-26-2002    
 
                  INTEREST ACCRUES AFTER 10/25/2002                 
 
                  LOWDER JAMES &
                  GILBERT BRIDGETTE COTINA
                  3445 TRAVIS BLVD
                  MACON GA 31206-3438