Parstem Realty Company Inc

The corporation has been organized for the exclusive purpose of holding title to property, collecting income therefrom and remitting the entire amount of such income, less expenses, to its sole shareholder commingled pension trust fund (mortgage private placements of jpmorgan chase bank, n.a (the "fund"), which fund is exempt from taxation under section 501(a) of the internal revenue code of 1986, as amended.