Law Offices of Hodge & Francois 1340 Taameberg St Thomas, VI 00802 April 01, 2011 Tax ID: FT Real Estate, Inc. 6100 Red Hook Qtr., Suite B-3 St. Thomas, VI 00802 Attn: Darren Indyke In Reference To: General Representation For Professional Services Rendered for the Period Ending: March 31, 2011 Date Init. 03102/11 DMF 03102111 DMF 03102111 DMF 03103/11 DMF 03103/11 DMF Description Review emails from S Hupprich re fully executed first amendment to Contract of Sale; review emails from and draft responses to lender's attorneys re additional items needed for closing; draft email to D Indyke re items needs for closing such as paid 2007 real property tax bill Teleconference with D Indyke re documents and other items needed for closing, prorating real property taxes. etc Draft FIRPTA statement; send same to J Brennan by email requesting EIN for closing Teleconference with D Indyke re personal property not part of sale of house; review listing agreement; review closing statement Review closing statement; draft email to D Indyke re same; teleconference with J Brendan and D Indyke re representations in Sellers Affidavit and forward title insurance policy to D Indyke and J Brendan 03104/11 DMF Teleconference with D Indyke re closing statement and closing 03/09/11 DMF Teleconferences with D Indyke and J Brennan; draft emails to J Brennan re documents to sign at closing 03/10/11 DMF Teleconference with D Indyke re revisions to Seller's Affidavit 03/11/11 DMF Review file and prepare for closing; attend closing with J Brennan at Dudley Topper & Feuerzeig 03/11/11 DMF Teleconference (2x) with W McConnell, D Indyke and J Brennan all re documents that were requested to be signed after the closing; revise documents for client's signature; teleconference with J Brennan re same; draft email forwarding requested documents to W McConnell Invoice # 35608 Hrs!Rate 0.25 325.00/hr Amount 81.25 0.25 NO CHARGE 325.00/hr 0.25 81.25 325.00/hr 0.50 162.50 325.00/hr 0.75 243.75 325.00/hr 0.25 81.25 325.00/hr 0.25 81.25 325.00/hr 0.25 81.25 325.00/hr 2.00 650.00 325.00/hr 1.00 325.00 325.00/hr EFTA01103439 April 01, 2011 FT Real Estate, Inc. Page 2 Date Init. Description Hrs!Rate Amount 03/14/11 DMF Draft letter to D Indyke re dosing documents and conference with staff re proper distribution re same 0.50 325.00/hr 162.50 Total Hours and Legal Fees 6.25 $1,950.00 Expenses: Date Description 312/2011 Courier / Messenger - Cadastral 15.00 3114/2011 Westlaw Research - February 2011 46.79 Copying Charges - Closing Documents 40.00 3/24/2011 LD Phone Calls - March 2011 2.07 Total Expenses $103.86 Total Amount Due This Billing Cycle $2,053.86 Previous balance $1,660.00 TOTAL BALANCE DUE $3,713.86 We appreciate your business. Please make your check payable to Hodge & Francois and include Invoice # on payment. Terms - Due Upon Receipt. An interest charge of 1% per month is automatically generated on all balances in excess of thirty (30) days. EFTA01103440