Common use of Unspecified Investments Increase Uncertainty To Clause in Contracts

Unspecified Investments Increase Uncertainty To. Investors And Investors Must Rely On Judgment Of General Partners In Investing Proceeds Of The Offering. The Partnership's current Mortgage Investment portfolio is summarized in the Sections of the Prospectus entitled "MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OF THE PARTNERSHIP" and "BUSINESS." However the General Partners have not yet identified any specific investments with respect to the proceeds from this Offering and thus, this Offering presents increased uncertainties to investors. The Prospective Investors must rely entirely on the judgment of the General Partners in investing the proceeds of this Offering and will be unable to evaluate, in advance, the selection of borrowers, and the terms of the Mortgage Investments which will be made. Additionally, investors have no information to assist them in their investment decision as to the identification or location of, or as to other relevant economic and financial data pertaining to, the assets which will serve as collateral for Mortgage Investments. Thus, no assurance can be given that the Partnership will be successful in obtaining suitable investments or that, if investments are made, the objectives of the Partnership will be realized.