Rule 3015-4 CHAPTER 12 PLAN

(a) Minimum Content Requirements. The Chapter 12 Plan proposed by the DIP shall strictly comply with the requirements of §1222 and contain such additional information to allow evaluation of §1225 confirmation. The following mandatory information shall be contained within the plan document:

(1) History of the Farming Operation.

(A) Prior income/expense statement; and

(B) Changes in the farming operation which justify plan feasibility.

(2) Post-petition activities

(A) Gross Income; less

(B) Living Expenses and

(C) Farm-related expenses; equals

(D) Net disposable income.

(3) Classification of Claims - Administrative Claims

(A) Identity of administrative creditor;

(B) Amount of administrative claim;

(C) Demonstration of ability to immediately satisfy administrative claims on the effective date, unless claimant waives said right; and

(D) Provision for Trustee's fee pursuant to §1226(b)(2) as fixed by 28 U.S.C. §586(e)(1)(B).

(4) Classification of Claims - Priority Claims

(A) Identity of priority creditor;

(B) Type of claim giving rise to priority status under §507; and

(C) Amount of priority claim.

(5) Classification of Claims - Secured Claims

(A) Separately classify each secured creditor;

(B) Description of affected collateral;

(C) Value of affected collateral;

(D) Amount of secured claim; and

(E) Amount of scheduled claim.

(6) Classification of Claims - Unsecured Claims

(A) Identity of unsecured creditor; and

(B) Amount of unsecured claims.

(7) Treatment of Each Class

(A) Amount of disposable income devoted under the plan to each class of claimants;

(B) Terms of payments, including proposed interest rate and amortization;

(C) Disposition of secured property; and

(D) Specific dates for proposed payments to be made to each class.

(8) Term of the Plan - A Chapter 12 Plan shall be three (3) years or less in term unless the Court grants leave for a longer term pursuant to a request by motion of the DIP which cause set forth to justify such longer term. In no event shall the term of the plan exceed five (5) years. This limitation shall not apply to those matters set forth in §1222(b)(5) and (b)(9).

(9) Computation of Disposable Income

(A) Projected gross income, derived from both farm and non-farm sources; less

(B) Projected living expenses and

(C) Projected farm related expenses; equals

(D) Net disposable income.

(10) Commitment of Disposable Income - Statement that all future disposable income is committed to payments under the plan for the duration of its term.

(11) Executory Contracts and Unexpired Leases

(A) Assumption or rejection;

(B) Property or right involved;

(C) Amount of payments under said contract or lease;

(D) Term of said contract or lease;

(E) Party obligated under said contract or lease; and

(F) Amount owed and proposed method of payment on pre-petition default amounts.

(12) Lien Avoidance

(A) Description of property;

(B) Identity of creditor; and

(C) Value of property .

(13) Surrendered Property

(A) Description of property;

(B) Creditor to which property will be surrendered;

(C) Total debt on property; and

(D) Value of property.

(14) Sale of any or all property of the estate

(A) Description of property;

(B) Value of property;

(C) Proceeds to be derived from sale, if known; and

(D) Purchaser(s) of property, if known.

(15) Default Terms - Specific consequences upon the default of the DIP under the terms of the plan.

(16) Liquidation Analysis

(A) Liquidated value of each item of property of the estate; and

(B) Statement that each allowed unsecured claim will receive property of a value not less than the amount that would be paid on each claim if the estate were liquidated under Chapter 7.

(17) Payment Responsibility - Identity of party who will make the plan payments, including the name, address and telephone number of said party.

(18) Terms of Discharge - Statement that upon completion of performance under the plan the DIP is eligible for discharge, if indeed said DIP is eligible.