Annual report pursuant to Section 13 and 15(d)

MORTGAGES (Tables)

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MORTGAGES (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
SCHEDULE OF MORTGAGE AND ACCRUED INTEREST

At December 31, 2021 and 2020, mortgage balances, including accrued interest, were comprised of the following:

 

    2021     2020  

Bank of New England

– New Bedford, MA and Middleboro, MA properties

  $ 12,498,900     $ 12,834,090  

Bank of New England

– Wilmington, DE property

    1,462,949       1,575,658  

DuQuoin State Bank

– Anna, IL and Harrisburg, IL properties

    778,084       814,749  

DuQuoin State Bank

– Metropolis, IL property

    2,657,600       -  

South Porte Bank

– Mt. Vernon, IL property

    816,264       906,653  
Total mortgages payable     18,213,797       16,131,150  
Mortgages payable, current portion     (1,400,331 )     (1,387,014 )
Mortgages payable, less current portion   $ 16,813,466     $ 14,744,136