By using this website, you acknowledge and agree to be bound by all of the following terms and conditions of use.

This website has been prepared by SCI Real Estate Investments, LLC (SCI) solely for informational purposes, and it is not an offer to buy or sell or a solicitation of an offer to buy or sell any investment, security or instrument or to participate in any particular trading strategy that may be referenced on this website.

This website has been published in the United States for residents of the United States. The information provided on this website is not intended to be provided to, or used by, any person in any jurisdiction or country where such provision or use would be contrary to law or that would subject SCI or its affiliates to any registration requirement within such country or jurisdiction.

SCI, and any of its employees acting as an agent, may transact business in a particular state only if first registered, excluded or exempted from registration requirements either individually or as a firm. In addition, follow-up conversations or meetings with individuals in a particular state by either SCI or its employees acting as agent to effect transactions in securities or discuss securities, investment planning or other personal investment advice will not be made without first becoming registered, excluded or exempted from registration requirements either individually or as a firm.

Nothing on this website should be construed as rendering tax or legal advice, and users must consult their own tax and legal advisors with respect to any tax or legal questions. This website and any content herein is not intended or written to be used, and it cannot be used by any person or entity, for the purpose of taking any tax reporting position or avoiding penalties that may be imposed on such person or entity under the United States Federal tax law.

This website is the property of SCI or its licensors and is protected by applicable copyright, patent, trademark, trade secret or other intellectual property law. You may download the information and/or print out a hard copy for your reference, provided you agree not to remove any copyright or other notices. Unless specifically stated in conjunction with particular material, all material on this website is copyrighted by us. You have no rights in or to the material and you may not use any material other than as permitted under these terms of use. All trade names, trademarks, service marks and other product and service names and logos on or in material on this website are the proprietary trademarks of their respective owners and are protected by applicable trademark and copyright laws.

This website is provided only for your personal, noncommercial use. Except as expressly authorized by these terms of use, you may not copy, reproduce, transmit, sell, display, distribute, publish, broadcast, perform, circulate, license, modify, disseminate, rewrite, create derivative works from, transfer, sell or commercially exploit this website, the content or materials located on this website, or the information provided through this website in any manner without the written consent of SCI and/or the copyright owner. None of the material contained on this website may be reverse-engineered, disassembled, decompiled, transcribed, stored in a retrieval system, translated into any language or computer language, retransmitted in any form or by any means (electronic, mechanical, photoreproduction, recordation or otherwise), resold or redistributed without the prior written consent of SCI. For requests to reproduce materials on this website for distribution or other purposes, please contact us at: copyright@sciproperties.com or SCI Real Estate Investments, LLC, 11620 Wilshire Blvd, Suite 300, Los Angeles, CA 90025. You also agree not to use the information provided through this website for any unlawful purpose. You may not republish or distribute any material or do anything else with any content or material located on this website that is not specifically permitted in these terms of use.

In certain cases, additional "passthrough" terms and conditions may apply to the use of third-party content, software or other services (collectively, "Third-Party Content"). Any such additional terms and conditions shall be delivered with applicable Third-Party Content. If upon reading such terms and conditions, you are unwilling, ineligible or unable to comply with them, then you are required to immediately cease any and all use of such Third Party Content. Any use of any Third Party Content shall be deemed to constitute your approval and agreement to comply with the additional terms and conditions. You agree to comply with all notices and requirements accompanying Third-Party Content.

Although this website may provide information that includes material about general investment processes and research commentary relating to specific investments, SCI is not providing personalized investment advice and is not representing that any investments referenced on the website are suitable for you. In addition, you agree to make an independent evaluation of the investment merits and suitability for you of any such investments. Information contained on this website reflects facts or analysis as of the date published. The accuracy, completeness or timeliness of such information is not guaranteed and is subject to change. Neither SCI nor any third-party provider is under any obligation to update research commentary, news stories or any other information. Therefore, information on the website may not reflect events occurring after date of publication.

Should you leave this website via a link contained in the website, you do so at your own risk. The content to which you link will not have been developed, checked for accuracy or otherwise reviewed by SCI. You agree that SCI is not responsible for any information or other links found at those websites or for your use of such information.

The transmission or use of any material in violation of these terms of use; any applicable law, rule or regulation (whether of the United States or other countries); or the rights of any third party is prohibited. This includes copyrighted material; material that is defamatory, threatening, obscene, lewd or indecent; material protected by trademark, trade secret or patent laws; or material that results in an invasion of privacy.

A. EXCEPT AS EXPRESSLY PROVIDED OTHERWISE IN THESE TERMS OF USE, THIS WEBSITE, AND ANY CONTENT OR MATERIAL OR DATA ON THIS WEBSITE, IS PROVIDED ON AN "AS IS, AS AVAILABLE AND WITH ALL FAULTS" BASIS. SCI AND ITS MEMBERS, OFFICERS, EMPLOYEES, AFFILIATES, VENDORS, LICENSORS AND AGENTS EXPRESSLY DISCLAIM ALL EXPRESS AND IMPLIED WARRANTIES WITH RESPECT TO THIS WEBSITE AND ANY CONTENT OR MATERIALS OR DATA ON THIS WEBSITE, AND ANY USE OF THIS WEBSITE AND/OR ANY SUCH CONTENT OR MATERIALS, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF TITLE, MERCHANTABILITY, MERCHANTABLE QUALITY, FITNESS FOR A PARTICULAR PURPOSE OR USE, ERROR-FREE AND UNINTERRUPTED SERVICE, NON-INFRINGEMENT, COMPATIBILITY, SECURITY, ACCURACY, INTEGRITY, COMPLETENESS, CURRENTNESS, RELIABILITY OR OTHER CHARACTERISTICS OF SUCH CONTENT OR MATERIAL, AND ANY AND ALL OTHER WARRANTIES AND CONDITIONS, EXPRESS OR IMPLIED, EXCEPT AS PROVIDED HEREIN.

B. SCI AND ITS MEMBERS, OFFICERS, EMPLOYEES, AFFILIATES, VENDORS, LICENSORS AND AGENTS WILL NOT BE LIABLE FOR ANY LOSS, DAMAGE, EXPENSE, COST OR CLAIM INCURRED BY YOU RELATED TO YOUR USE OR ATTEMPTED USE OR RELIANCE ON THIS WEBSITE AND/OR ANY CONTENT OR MATERIALS ON THIS WEBSITE INCLUDING DAMAGES CAUSED BY DELAYS, ERRORS, INACCURACIES, UNRELIABILITY, LOSS OF DATA, OR SOFTWARE RESTORATION, WHETHER OR NOT SUCH DAMAGES OR CAUSES WERE REASONABLY FORESEEABLE, WITHIN OR BEYOND SCI'S CONTROL, CAUSED BY ANY ACT OR INACTION OF SCI, INCLUDING ANY NEGLIGENT ACT OR INACTION BY SCI. SCI WILL NOT BE LIABLE FOR ANY SPECIAL, INCIDENTAL, CONSEQUENTIAL, INDIRECT OR PUNITIVE DAMAGES, LOST PROFITS, LOSS OF BUSINESS OR DATA, OR INTERRUPTION OF BUSINESS IN ANY CIRCUMSTANCE. Because some states do not permit the exclusion or limitation of liability for consequential or incidental damages, the above limitation may not apply to you.

C. SCI WILL NOT BE LIABLE FOR ANY DELAY IN ACCESSING AND/OR INABILITY TO ACCESS THIS WEBSITE AND/OR ANY CONTENT, MATERIAL OR DATA ON THIS WEBSITE, WHETHER DUE TO AN ACT OF GOD, ACTION BY GOVERNMENTAL ENTITY, STRIKE, NETWORK DIFFICULTY, ELECTRONIC MALFUNCTION, OR ANY RELIABILITY OR EFFECTIVENESS RELATED TO THIS WEBSITE.

You are entirely liable for activities conducted by you or anyone else in connection with your browsing and use of this website. If you are dissatisfied with the website and/or any content or material or service on this website, or with these terms of use, your sole and exclusive remedy is to stop using the website, content, material and service.

You may not, nor may you allow others to, directly or indirectly: (a) attempt to or actually disrupt, impair or interfere with, alter or modify this website or any content, material or data on this website; or (b) collect or attempt to collect any information of others, including passwords, account or other information.

You agree to indemnify and hold harmless SCI, its subsidiaries, affiliates, members, officers, employees, suppliers and agents from any claim, demand, loss or expense, including reasonable attorneys' fees, resulting or arising from: your breach of these terms of use; any action taken or permitted by you which disrupts, degrades or damages the website, content or materials or related data thereon; your infringement of any intellectual property right of SCI or any other person or entity; any activity related to your account (including any negligent or wrongful conduct) by you or any other person accessing the website using your username or password; any materials provided by you to the website; or your actual or alleged breach of any federal, state, local or foreign law, or regulation.

This website may give you the ability to communicate electronically with SCI through electronic mail (e-mail). You agree not to use e-mail to transmit orders to purchase or sell an investment, to transfer or disburse funds, to transmit any personal credit information (including credit card numbers), or to give SCI any instructions that are time-sensitive or require a signature. SCI is not liable for any actions taken or any omissions to act as a result of any e-mail message you send to SCI. All e-mail sent to and from SCI is subject to monitoring, review by or disclosure to someone other than the recipient. Additionally, e-mail sent to and from an SCI address may be retained by SCI' corporate e-mail system.

The foregoing terms and conditions are in addition to, and do not change or cancel, any other agreement between you and SCI governing your relationship with SCI.

No agent or representative has the authority to create any warranty regarding the website on behalf of SCI. SCI reserves the right, at its discretion, to change, add or remove portions or features of this website and/or any content, materials or data on this website at any time.

The laws of the State of California govern these terms of use and your use of this website. You agree to comply with all laws, regulations, obligations and restrictions, which apply to you. You agree that the courts located in Los Angeles, California have exclusive jurisdiction and venue for any claim, action or dispute under these terms of use or arising out of or in relation to this website, and you also agree and expressly consent to the exercise of personal jurisdiction by such courts.

No failure or delay in enforcing any right shall be a waiver of that or any other right. If any term of this Agreement is held invalid, illegal or unenforceable, the remaining portions shall not be affected.

If any portion of these terms of use are found to be unlawful, void or unenforceable for any reason whatsoever, the unenforceable provision may be severed from these terms of use and shall not affect the validity or enforceability of the remaining provisions of these terms of use. Unless there is another written agreement between you and SCI that covers your use of part or all of this website, this is the entire agreement between you and SCI with respect to this website and any use by you of this website and/or any content, materials or data on this website.

Particular sites or features of this website may have different or additional terms ("Special Terms"), which will be disclosed to you when you access those sites or features. Such Special Terms are incorporated into these terms of use with respect to such sites or features. If there is a conflict between the terms of these terms of use and the Special Terms, the Special Terms will govern with respect to such sites or features.

SCI may change these terms of use at any time in its sole discretion and you can read a current copy of these terms of use at any time on this website. If any change is not acceptable, you must discontinue your use of this website and/or any content, material or data on this website immediately. Using this website after the date that these terms of use are changed constitutes your irrevocable acceptance of any changes.

COPYRIGHT INFRINGEMENT

SCI does not monitor user-submitted materials for copyright infringement. If you believe that any material on the website infringes your copyright, you may seek to have the material removed by sending SCI notice that includes all of the following information:

• your full name, address and telephone number
• your e-mail address
• identification of the copyrighted work(s) that you believe is being infringed
• identification of the infringing material and information sufficient for SCI to locate the material
• your statement of good faith belief that (a) the material infringes your copyrights, (b) the information provided in the notice is accurate and (c) under penalty of perjury, you are authorized to act for the copyright owner
• your physical or electronic signature

Direct such notice to SCI designated agent for receiving copyright infringement notices:

J.W. Robison
11620 Wilshire Boulevard
Suite 300
Los Angeles, California 90025
(310) 470-2600 ext: #162
(310) 470-6609 (fax)

Upon receipt of notice complying with the above requirements, SCI will act to remove any infringing materials and, if applicable, send notice to the user that posted such materials on the website. If SCI removes materials posted by you as a user due to alleged copyright infringement, you may seek to have the materials reinstated by notifying SCI's designated agent in writing and including the following information:

• your full name, address and telephone number
• your e
• mail address
• identification of the material that has been removed or to which access has been disabled, including its location before it was removed or disabled
• your statement under penalty of perjury that you have a good faith belief that the material was removed or disabled as a result of mistake or misidentification of the material
• your statement consenting to the jurisdiction of the Federal District Court for the District in which your address is located, or, if you reside outside of the United States, for the Southern District Court for California (where SCI may be found), and that you will accept service of process from the person who provided notice of copyright infringement or from such person's agent
• your physical or electronic signature

Upon receipt of a notice meeting the above requirements, SCI will send a copy of the notice to the copyright owner who initially claimed copyright infringement. Within 10 to 14 days following receipt of the notice, SCI will replace or enable access to the removed material unless SCI receives notice from the copyright owner who submitted the first notification that it has filed an action seeking a court order to restrain the user that posted the materials from engaging in infringing activity. Please note that parties who misrepresent that materials are infringing or were removed by mistake or misidentification are subject to substantial civil liability to SCI and/or the copyright owner or website user.

To understand SCI's privacy practices, please review SCI's privacy policy that also governs your visit to this website. A complete statement of SCI's privacy policy can be found at: www.sciproperties.com/privacy.html.

Copyright SCI Real Estate Investments, LLC 2005. All rights reserved.

Some content contained on this website may contain other copyright information and proprietary notices specific to such content.

"SCI", "SCI Properties", "SCI Real Estate Investments" and related logos are trademarks and/or service marks of SCI Real Estate Investments, LLC.