<ARTICLE> 5 <PERIOD-TYPE> 9-mos <FISCAL-YEAR-END> dec-31-1997 <PERIOD-END> sep-30-1997 <CASH> 969,259 <SECURITIES> 0 <RECEIVABLES> 135,158 <ALLOWANCES> 15,552 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 4,114,956 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,109,913 <TOTAL-LIABILITY-AND-EQUITY> 4,114,956 <SALES> 0 <TOTAL-REVENUES> 1,066,654 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 530,093 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 96,282 <INCOME-PRETAX> 440,279 <INCOME-TAX> 0 <INCOME-CONTINUING> 440,279 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 440,279 <EPS-PRIMARY> 0 <EPS-DILUTED> 0