APPLICABLE FEDERAL RATES - UPDATE FOR JULY 2006

JULY 2006 Applicable Federal Rates Summary:

-Short Term AFR - Semi-annual Compounding - 4.99% (4.93%/June -- 4.79%/May -- 4.71%/April)

-Mid Term AFR - Semi-annual Compounding - 4.99% (5.00%/June -- 4.78%/May -- 4.67%/April)

-Long Term AFR - Semi-annual Compounding - 5.22% (5.25%/June -- 4.94%/May -- 4.73%/April)

DIRECTION OF RATES: Mixed