Robert L. Echols

Eighth and Church Joint Venture — Distribution

COM. STOCK, BANK OF AMERICA — Int/Div

COM. STOCK, AMSOUTH CORPORATION — Int/Div

COM. STOCK, FIRSTAR — Int/Div

Parcel 1, Conunerical Building, Nashville, TN — Rent

G3 LAND, DECHERD, TN — None

CONDOMINIUM, NAPLES FL, (APPRAISAL 3/96,50% INTEREST) - — None

COM. STOCK, CENTRAL PARKING — Int/Div

EQUITABLE LIFE INSURANCE CO. OF IOWA -- ANNUITY #1 — None

EQUITABLE LIFE INSURANCE CO. OF IOWA -- ANNUITY #2 — None

EQUITABLE LIFE INSURANCE CO. OF IOWA -- ANNUITY #3 — None

EQUITABLE LIFE INSURANCE CO. OF IOWA - ANNUITY #4 — None

IRA #2 — PAINE WEBBER (INVESTMENTS ITEMIZED BELOW) — Int/Div

PAINE WEBBER MONEY FUND

CORRECTIONS CORP.OF AMERICA

WALT DISNEY COMPANY

TIME WARNER, INC. (formerly AOL Time ‘Wamer - name change

COCA COLA

HOME DEPOT

AMERICAN EXPRESS COMPANY

CITIGROUP, INC

NUVEEN GLASS STEAGALL LONG TERM SECTOR PORTFOLIO

NETWORK APPLIANCE, INC

NUVEEN ENERGY LONG-TERM SECTOR PORTFOLIO

NUVEEN UTILITY LONG TERM 5 YEAR CASH

NUVEEN AEROSPACE & DEFENSE LONG TERM CASH

GENERAL ELECTRIC COMPANY

TRAVELERS PROPERTY CASUALTY CORP

IRA — PRUDENTIAL SECURITIES (INVESTMENTS BELOW) — Int/Div

JOHN HANCOCK REGIONAL BANK FUND

COM. STOCK, CHARLES SCHWAB — Int/Div

COM. STOCK, INTERNATIONAL PAPER — Int/Div

SECURITIES - PAINE WEBBER (INVESTMENTS ITEMIZED BELOW)

PAINE WEBBER MONEY FUND — Int/Div

COM. STOCK, HOME DEPOT — Int/Div

COM. STOCK, GENERAL ELECTRIC — Int/Div

COM. STOCK, WALMART — Int/Div

COM. STOCK, MCDONALDS — Int/Div

KNOX CO. TN HLTH EDL & HSG SER. — Int/Div

IRA - PFS INVESTMENTS ~~ (INVESTMENTS ITEMIZED BELOW) — Int/Div

AIM CONSTELLATION FUND

AIM CHARTER FUND

AIM VALUE FUND

RENTAL HOUSE, SPRINGFIELD, TN — Rent

COM. STOCK, EASTMAN KODAK CO. — Int/Div

COM. STOCK, EXXON CORPORATION — Int/Div

COM. STOCK, DOW CHEMICAL — Int/Div

AMSOUTH ACCOUNT — Interest

BANK OF AMERICA ACCOUNT — Interest

DEAN'S CIRCLE, UNIV. OF TENNESSEE COLLEGE OF LAW, 1989-DATE

Yl. ADDIIIVUNAL INFORIVIA 1IUN UR ZANLANA T1UIND

(indicate part Oi Keport.

—-

Section 7, Line 4:

This parcel was assessed on January 1, 2001, with an assessed value of $104,840. The assessed value is 40% of the appraised value, which is $262,100.

Section 7, Line 5:

As indicated on the previous report, Parcel 2, Commercial Building in Nashville, Tennessee, was sold on April 30, 2002. However, the filer continues to

receive a monthly distribution from the real estate partnership for the sell of the building.

Section 7, Lines 15, 31, 49 & 50 of previous report:

Assets listed have declined below reporting value.

Section 7, Line 46:

The rental house in Springfield, Tennessee, was purchased in March 1997. The purchase price was $76,000.