Hsvs Property Foundation Ltd

TO HOLD TITLE TO PROPERTY TO ST. VINCENT'S SERVICES, INC. D/B/A HEARTSHARE ST. VINCENT'S SERVICES ("HSVS"), IN ITS EFFORTS TO PROVIDE AND CARE FOR YOUNG BOYS AND GIRLS, ADOLESCENTS, YOUNG ADULTS, ADULTS, AND FAMILIES THROUGH THE ESTABLISHMENT, OPERATION AND MAINTENANCE OF VARIOUS TYPES OF PROGRAMS, FACILITIES, HOMES AND RESIDENCES WHICH PROVIDE FOR THE PHYSICAL, MENTAL, SPIRITUAL, INTELLECTUAL AND EMOTIONAL WELFARE AND WELL-BEING OF SAID YOUNG BOYS AND GIRLS, ADOLESCENTS, YOUNG ADULTS, ADULTS AND FAMILIES. ENTIRE AMOUNT OF NET RENTAL INCOME, IF ANY, IS TO BE TURNED OVER TO HSVS, AN ORGANIZATION WITH A TAX EXEMPT STATUS.