Quarterly report pursuant to Section 13 or 15(d)

MORTGAGES (Tables)

v3.21.2
MORTGAGES (Tables)
9 Months Ended
Sep. 30, 2021
Mortgages  
SCHEDULE OF MORTGAGES PAYABLE

At September 30, 2021 and December 31, 2020, mortgage balances, including accrued interest, were comprised of the following:

 

   

September 30,

2021

   

December 31,

2020

 

Bank of New England

– New Bedford, MA and Middleboro, MA properties

  $ 12,583,053     $ 12,834,090  

Bank of New England

– Wilmington, DE property

    1,491,525       1,575,658  

DuQuoin State Bank

– Anna, IL and Harrisburg, IL properties

    786,046       814,749  

DuQuoin State Bank

– Metropolis, IL property

    2,688,230       -  

South Porte Bank

– Mt. Vernon, IL property

    838,440       906,653  
Total mortgages payable     18,387,294       16,131,150  
Mortgages payable, current portion     (1,412,545 )     (1,387,014 )
Mortgages payable, less current portion   $ 16,974,749     $ 14,744,136