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LAW OERCES <br />GILCHRIST c4L RUTTFR <br />PRON'ESS'IONAL CORPORATION <br />W ILSHIRE PALISADES BUILDING <br />1299 OCEAN AVENUE, SUITE 9O0 <br />SANI"A MONICA. CALIFORNIA 90401-t 000 <br />March 17, 2008 <br />To All Residents of Vineyard Mobile Villas <br />Re: Resident Survev <br />Dear Resident: <br />TELEPHONE (3t0) 393-4000 <br />FACSIMILE (310)394-4700 <br />E-MAIL storbatht~pilch nsfruttac com <br />As you know, we are in the process of converting Vineyard Mobile Villas to a resident <br />owned park. Enclosed is a "Resident Survey" which is one step in this process of conversion. <br />Through this process al] residents will eventually have the opportunity to own their lots. <br />At a future date the lots will become available for purchase if you so choose. The park <br />owner has agreed not to commence the conversion for a minimum often yeazs. At that time, you <br />may ultimately choose to contimae to rent, If you think you may want to purchase your lot, loans <br />will be available through several sources and we will assist in this process. Either way, the <br />choice of whether to buy or rent will be yours. <br />We understand that because the conversion is so far in the future, you do not currently <br />have enough information to make a final decision as '[o whether or not you would want to <br />purchase your lot. This survey is merely a preliminary indicator of interest. The survey form has <br />been approved by the Board of Directors of your Homeowners Association. The survey results <br />will indicate a preliminary show of interest in resident ownership. <br />In order for your survey responses to be included in the final survey results, responses <br />must be postmarked by Mazch 29, 2008. Aself-addressed stamped envelope has been enclosed. <br />Please call me if you have any questions. <br />Very truly yours, <br />GILCHRIST' & KUT'"CER <br />Professional Corporation <br />~~~ <br />~~ orb <br />Paralegal <br />srsf/155674_LDOC/031708 <br />4640.001 <br />Enclosure <br />