BOB-WILL REALTY
P.O. Box 576
Succasunna, NJ 07876

August 14, 2001

Mark Severance
200-A Axford Avenue
Oxford, NJ 07863

Dear Mark:

Please be advised that your account with your Landlord continues to be delinquent with an open balance as follows:

July Rent $ 650.00 July Late Fee $ 30.00 August Rent $ 650.00 August Late Fee $ 30.00 August Late Fee For July Rent $ 30.00
__________________________________________________
TOTAL DUE $ 1,390.00

In accordance with your Rental Agreement, unpaid security and late fees are deducted from the rent and your rent is now in arrears by the amount noted above. You should be aware that continuous late payment of rent and/or late fees is grounds for eviction.

If your account is still delinquent after five (5) days from the date of this notice, we will take appropriate steps to terminate your tenancy.
Your cooperation in this matter is required.

Very truly yours,

William Imperial, Landlord