Mortgage Reduction Report

We started off 2009 with some of the lowest mortgage payments we have ever had and with our focus on the April Tent Meetings we did not have extra resources to pay down the mortgage. Over the summer, we continued making minimum payments toward the mortgage similar to 2007.

In the last half of the year, the entire body did a great job of cutting expenses to a level that we could make an extra principal payment in December.

It gives me great pleasure to let you all know that if we can pay down the mortgage at the same rate as we have the last two years that we will be able to pay off the mortgage in 2010. That will be an exciting time.