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         MOLTON MICHAEL S SR           ACCOUNT NUMBER    437570-001
          PROPERTY ADDRESS    TAX DISTRICT      2
          100% VALUE          2,708      EXEMPTION CD      S0
          40% VALUE           1,083      MORTGAGE CD       
          MAP/ROUTE           -       MILL RATE 32.9445      MAP CODE          
          PROPERTY DESC      BOAT 87 17'08" PROCRAFT
                          
                                       STATE         COUNTY           CITY         SCHOOL
          BOND TAX                 1.25
          REGULAR TAX .27 18.77 17.11
          LATE FILING PENALTY                
          TOTAL TAX .27 18.77 18.36
          SALES TAX CREDIT 1.72-
          HTRG CREDIT
          NET TAX .27 17.05 18.36
          CURRENT AMOUNT DUE--------> 35.68
          
          
          
          
          
          
          
           .00
 
      
          NOTE 2: GROSS MILL RATE FOR 2002    34.5358
           REDUCTION IN MILL RATE FROM PRIOR YEAR SALES TAX 1.5913
           NET MILL RATE SET FOR 2002 32.9445
          
          
          
          
          

                          RETURN THIS PORTION WITH YOUR 2ND INSTALLMENT PAYMENT
           TAX YEAR     ACCOUNT #       2ND INSTALLMENT    DUE DATE                             AMOUNT PAID
                                           AMOUNT
               2002     437570-001    17.82        11-15-2002
  
                  INTEREST ACCRUES AFTER 11/15/2002     
 
                  MOLTON MICHAEL S SR
                  5458 ROBIE DR
                     
                  MACON GA 31216-7135   

                          RETURN THIS PORTION WITH YOUR 1ST INSTALLMENT PAYMENT
           TAX YEAR     ACCOUNT #       1ST INSTALLMENT    DUE DATE          TOTAL DUE          AMOUNT PAID
                                           AMOUNT
               2002     437570-001    17.86        09-26-2002    
 
                  INTEREST ACCRUES AFTER 10/25/2002                 
 
                  MOLTON MICHAEL S SR
                  5458 ROBIE DR
                  
                  MACON GA 31216-7135