STATE OF GEORGIA, BIBB COUNTY, CITY OF MACON
                                              AD VALOREM TAX STATEMENT
                                                                              THOMAS W. TEDDERS, JR.
                                                                              TAX COMMISSIONER
             RUN DATE 09/02/2005         TAX YEAR = 2005                    OFFICE PHONE # 478-621-6500

          OWNER NAME         LOWE GEORGE W III           ACCOUNT NUMBER    B33000-001
          PROPERTY ADDRESS   0228 JEFFERSON CIR TAX DISTRICT      2
          100% VALUE          67,600      EXEMPTION CD      S0
          40% VALUE           27,040      MORTGAGE CD       04(NOTE 1)
          MAP/ROUTE          I005-0078      MILL RATE 32.7867      MAP CODE          406 78
          PROPERTY DESC      
                          
                                       STATE         COUNTY           CITY         SCHOOL
          BOND TAX                
          REGULAR TAX 6.76 496.36 467.76
          PENALTIES                
          TOTAL TAX 6.76 496.36 467.76
          SALES TAX CREDIT 84.33-
          HTRG CREDIT
          NET TAX 6.76 412.03 467.76
          CURRENT AMOUNT DUE--------> 886.55
          
          
          
          
          
          
          
           .00
 
      
          NOTE 2: GROSS MILL RATE FOR 2005    35.9051
           REDUCTION IN MILL RATE FROM PRIOR YEAR SALES TAX 3.1184
           NET MILL RATE SET FOR 2005 32.7867
          
          
          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
               2005     B33000-001    443.27        11-15-2005
  
                  INTEREST ACCRUES AFTER 11-15-2005     
 
                  LOWE GEORGE W III
                  228 JEFFERSON CIR
                     
                  MACON GA 31220-2620   

                          RETURN THIS PORTION WITH YOUR 1ST INSTALLMENT PAYMENT
           TAX YEAR     ACCOUNT #       1ST INSTALLMENT    DUE DATE          TOTAL DUE          AMOUNT PAID
                                           AMOUNT
               2005     B33000-001    443.28        10-07-2005     886.55
 
                  INTEREST ACCRUES AFTER 11-15-2005                 
 
                  LOWE GEORGE W III
                  228 JEFFERSON CIR
                  
                  MACON GA 31220-2620