GOLDEN GATEWAY CENTER
460 DAVIS COURT  SAN FRANCISCO, CALIFORNIA 94111-2496
TEL (4151 434-2000	FAX (415} 989-5034




August 24, 1998



Rod Welch
440 Davis Court, #1602
SanFrancisco,CA 94111

Dear Mr. Welch:

As a courtesy to you, Golden Gateway Center will waive your late charge for the
month of July, 1998.  Please be advised that in the future, if rent is not
received by the sixth day of each month, you will be subject to late charges.

Sincerely,

Golden Gateway Center



Chirstopher L. Bundy
Accounting Coordinator