<SEC-DOCUMENT>0001654954-19-014190-index.html : 20191223
<SEC-HEADER>0001654954-19-014190.hdr.sgml : 20191223
<ACCEPTANCE-DATETIME>20191223164522
ACCESSION NUMBER:		0001654954-19-014190
CONFORMED SUBMISSION TYPE:	S-1
PUBLIC DOCUMENT COUNT:		170
FILED AS OF DATE:		20191223
DATE AS OF CHANGE:		20191223

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HF Enterprises Inc.
		CENTRAL INDEX KEY:			0001750106
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE [6500]
		IRS NUMBER:				831079861
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-1
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-235693
		FILM NUMBER:		191306732

	BUSINESS ADDRESS:	
		STREET 1:		HAMPDEN SQUARE,4800 MONTGOMERY LANE
		STREET 2:		SUITE 210
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
		BUSINESS PHONE:		3019713955

	MAIL ADDRESS:	
		STREET 1:		HAMPDEN SQUARE,4800 MONTGOMERY LANE
		STREET 2:		SUITE 210
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-1
<SEQUENCE>1
<FILENAME>hf_s1.htm
<DESCRIPTION>FORM S-1
<TEXT>
Document 1 - file: hf_s1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-3.1
<SEQUENCE>2
<FILENAME>hfe_ex31.htm
<DESCRIPTION>ARTICLES OF INCORPORATION / BYLAWS
<TEXT>
Document 2 - file: hfe_ex31.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-3.2
<SEQUENCE>3
<FILENAME>hfe_ex32.htm
<DESCRIPTION>ARTICLES OF INCORPORATION / BYLAWS
<TEXT>
Document 3 - file: hfe_ex32.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-3.3
<SEQUENCE>4
<FILENAME>hfe_ex33.htm
<DESCRIPTION>ARTICLES OF INCORPORATION / BYLAWS
<TEXT>
Document 4 - file: hfe_ex33.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.1
<SEQUENCE>5
<FILENAME>hfe_ex41.htm
<DESCRIPTION>INSTRUMENTS DEFINING THE RIGHTS OF SECURITY HOLDERS, INCLUDING INDENTURES
<TEXT>
Document 5 - file: hfe_ex41.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>6
<FILENAME>hfe_ex5-1.htm
<DESCRIPTION>OPINION ON LEGALITY
<TEXT>
Document 6 - file: hfe_ex5-1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>7
<FILENAME>hfe_ex101.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 7 - file: hfe_ex101.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>8
<FILENAME>hfe_ex102.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 8 - file: hfe_ex102.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>9
<FILENAME>hfe_ex103.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 9 - file: hfe_ex103.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>10
<FILENAME>hfe_ex104.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 10 - file: hfe_ex104.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>11
<FILENAME>hfe_ex105.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 11 - file: hfe_ex105.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.6
<SEQUENCE>12
<FILENAME>hfe_ex106.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 12 - file: hfe_ex106.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.7
<SEQUENCE>13
<FILENAME>hfe_ex107.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 13 - file: hfe_ex107.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.8
<SEQUENCE>14
<FILENAME>hfe_ex108.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 14 - file: hfe_ex108.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.9
<SEQUENCE>15
<FILENAME>hfe_ex109.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 15 - file: hfe_ex109.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.10
<SEQUENCE>16
<FILENAME>hfe_ex1010.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 16 - file: hfe_ex1010.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.11
<SEQUENCE>17
<FILENAME>hfe_ex1011.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 17 - file: hfe_ex1011.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.12
<SEQUENCE>18
<FILENAME>hfe_ex1012.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 18 - file: hfe_ex1012.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.13
<SEQUENCE>19
<FILENAME>hfe_ex1013.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 19 - file: hfe_ex1013.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.14
<SEQUENCE>20
<FILENAME>hfe_ex1014.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 20 - file: hfe_ex1014.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.15
<SEQUENCE>21
<FILENAME>hfe_ex1015.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 21 - file: hfe_ex1015.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.16
<SEQUENCE>22
<FILENAME>hfe_ex1016.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 22 - file: hfe_ex1016.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.17
<SEQUENCE>23
<FILENAME>hfe_ex1017.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 23 - file: hfe_ex1017.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.18
<SEQUENCE>24
<FILENAME>hfe_ex1018.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 24 - file: hfe_ex1018.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.19
<SEQUENCE>25
<FILENAME>hfe_ex1019.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 25 - file: hfe_ex1019.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.20
<SEQUENCE>26
<FILENAME>hfe_ex1020.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 26 - file: hfe_ex1020.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.21
<SEQUENCE>27
<FILENAME>hfe_ex1021.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 27 - file: hfe_ex1021.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.22
<SEQUENCE>28
<FILENAME>hfe_ex1022.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 28 - file: hfe_ex1022.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.23
<SEQUENCE>29
<FILENAME>hfe_ex1023.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 29 - file: hfe_ex1023.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.24
<SEQUENCE>30
<FILENAME>hfe_ex1024.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 30 - file: hfe_ex1024.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.25
<SEQUENCE>31
<FILENAME>hfe_ex1025.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 31 - file: hfe_ex1025.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.26
<SEQUENCE>32
<FILENAME>hfe_ex1026.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 32 - file: hfe_ex1026.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.27
<SEQUENCE>33
<FILENAME>hfe_ex1027.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 33 - file: hfe_ex1027.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.28
<SEQUENCE>34
<FILENAME>hfe_ex1028.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 34 - file: hfe_ex1028.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.29
<SEQUENCE>35
<FILENAME>hfe_ex1029.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 35 - file: hfe_ex1029.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.30
<SEQUENCE>36
<FILENAME>hfe_ex1030.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 36 - file: hfe_ex1030.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.31
<SEQUENCE>37
<FILENAME>hf_ex10-31.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 37 - file: hf_ex10-31.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.32
<SEQUENCE>38
<FILENAME>hf_ex10-32.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 38 - file: hf_ex10-32.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.33
<SEQUENCE>39
<FILENAME>hf_ex10-33.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 39 - file: hf_ex10-33.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.34
<SEQUENCE>40
<FILENAME>hf_ex1034.htm
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>
Document 40 - file: hf_ex1034.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-14.1
<SEQUENCE>41
<FILENAME>hfe_ex141.htm
<DESCRIPTION>CODE OF ETHICS
<TEXT>
Document 41 - file: hfe_ex141.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-14.2
<SEQUENCE>42
<FILENAME>hfe_ex142.htm
<DESCRIPTION>CODE OF ETHICS
<TEXT>
Document 42 - file: hfe_ex142.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-21.1
<SEQUENCE>43
<FILENAME>hfe_ex211.htm
<DESCRIPTION>SUBSIDIARIES OF THE REGISTRANT
<TEXT>
Document 43 - file: hfe_ex211.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>44
<FILENAME>hf_ex232.htm
<DESCRIPTION>CONSENTS OF EXPERTS AND COUNSEL
<TEXT>
Document 44 - file: hf_ex232.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.3
<SEQUENCE>45
<FILENAME>hf_ex233.htm
<DESCRIPTION>CONSENTS OF EXPERTS AND COUNSEL
<TEXT>
Document 45 - file: hf_ex233.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.4
<SEQUENCE>46
<FILENAME>hf_ex234.htm
<DESCRIPTION>CONSENTS OF EXPERTS AND COUNSEL
<TEXT>
Document 46 - file: hf_ex234.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.5
<SEQUENCE>47
<FILENAME>hf_ex235.htm
<DESCRIPTION>CONSENTS OF EXPERTS AND COUNSEL
<TEXT>
Document 47 - file: hf_ex235.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.6
<SEQUENCE>48
<FILENAME>hf_ex236.htm
<DESCRIPTION>CONSENTS OF EXPERTS AND COUNSEL
<TEXT>
Document 48 - file: hf_ex236.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>49
<FILENAME>hf_ex10-31000.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 49 - file: hf_ex10-31000.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>50
<FILENAME>hf_ex10-31001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 50 - file: hf_ex10-31001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>51
<FILENAME>hf_ex10-31002.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 51 - file: hf_ex10-31002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>52
<FILENAME>hf_ex10-32000.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 52 - file: hf_ex10-32000.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>53
<FILENAME>hf_ex10-32001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 53 - file: hf_ex10-32001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>54
<FILENAME>hf_ex10-32002.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 54 - file: hf_ex10-32002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>55
<FILENAME>hf_ex1034000.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 55 - file: hf_ex1034000.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>56
<FILENAME>hf_ex1034001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 56 - file: hf_ex1034001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>57
<FILENAME>hf_ex1034002.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 57 - file: hf_ex1034002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>58
<FILENAME>hf_ex1034003.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 58 - file: hf_ex1034003.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>59
<FILENAME>hf_ex1034004.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 59 - file: hf_ex1034004.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>60
<FILENAME>hf_ex1034005.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 60 - file: hf_ex1034005.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>61
<FILENAME>hf_ex1034006.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 61 - file: hf_ex1034006.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>62
<FILENAME>hf_ex1034007.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 62 - file: hf_ex1034007.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>63
<FILENAME>hf_ex1034008.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 63 - file: hf_ex1034008.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>64
<FILENAME>hf_ex1034009.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 64 - file: hf_ex1034009.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>65
<FILENAME>hf_ex1034010.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 65 - file: hf_ex1034010.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>66
<FILENAME>hf_ex1034011.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 66 - file: hf_ex1034011.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>67
<FILENAME>hf_ex1034012.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 67 - file: hf_ex1034012.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>68
<FILENAME>hf_ex1034013.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 68 - file: hf_ex1034013.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>69
<FILENAME>hf_ex1034014.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 69 - file: hf_ex1034014.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>70
<FILENAME>hf_ex1034015.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 70 - file: hf_ex1034015.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>71
<FILENAME>hf_ex1034016.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 71 - file: hf_ex1034016.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>72
<FILENAME>hf_ex1034017.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 72 - file: hf_ex1034017.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>73
<FILENAME>hf_ex1034018.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 73 - file: hf_ex1034018.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>74
<FILENAME>hf_ex1034019.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 74 - file: hf_ex1034019.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>75
<FILENAME>hf_ex1034020.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 75 - file: hf_ex1034020.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>76
<FILENAME>hf_ex1034021.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 76 - file: hf_ex1034021.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>77
<FILENAME>hf_ex1034022.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 77 - file: hf_ex1034022.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>78
<FILENAME>hf_ex1034023.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 78 - file: hf_ex1034023.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>79
<FILENAME>hf_ex1034024.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 79 - file: hf_ex1034024.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>80
<FILENAME>hf_ex1034025.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 80 - file: hf_ex1034025.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>81
<FILENAME>hf_ex1034026.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 81 - file: hf_ex1034026.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>82
<FILENAME>hf_ex1034027.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 82 - file: hf_ex1034027.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>83
<FILENAME>hf_ex1034028.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 83 - file: hf_ex1034028.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>84
<FILENAME>hf_ex1034029.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 84 - file: hf_ex1034029.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>85
<FILENAME>hf_ex1034030.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 85 - file: hf_ex1034030.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>86
<FILENAME>hf_ex1034031.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 86 - file: hf_ex1034031.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>87
<FILENAME>hf_ex1034032.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 87 - file: hf_ex1034032.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>88
<FILENAME>hf_ex1034033.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 88 - file: hf_ex1034033.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>89
<FILENAME>hf_ex1034034.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 89 - file: hf_ex1034034.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>90
<FILENAME>hf_ex1034035.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 90 - file: hf_ex1034035.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>91
<FILENAME>hf_ex1034036.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 91 - file: hf_ex1034036.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>92
<FILENAME>hf_ex1034037.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 92 - file: hf_ex1034037.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>93
<FILENAME>hf_ex1034038.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 93 - file: hf_ex1034038.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>94
<FILENAME>hf_ex1034039.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 94 - file: hf_ex1034039.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>95
<FILENAME>hf_ex1034040.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 95 - file: hf_ex1034040.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>96
<FILENAME>hf_ex1034041.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 96 - file: hf_ex1034041.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>97
<FILENAME>hf_ex1034042.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 97 - file: hf_ex1034042.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>98
<FILENAME>hf_ex1034043.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 98 - file: hf_ex1034043.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>99
<FILENAME>hf_ex1034044.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 99 - file: hf_ex1034044.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>100
<FILENAME>hf_ex1034045.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 100 - file: hf_ex1034045.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>101
<FILENAME>hf_ex1034046.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 101 - file: hf_ex1034046.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>102
<FILENAME>hf_ex1034047.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 102 - file: hf_ex1034047.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>103
<FILENAME>hf_ex1034048.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 103 - file: hf_ex1034048.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>104
<FILENAME>hf_ex1034049.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 104 - file: hf_ex1034049.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>105
<FILENAME>hf_ex1034050.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 105 - file: hf_ex1034050.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>106
<FILENAME>hf_ex1034051.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 106 - file: hf_ex1034051.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>107
<FILENAME>hf_ex1034052.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 107 - file: hf_ex1034052.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>108
<FILENAME>hf_ex1034053.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 108 - file: hf_ex1034053.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>109
<FILENAME>hf_ex1034054.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 109 - file: hf_ex1034054.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>110
<FILENAME>hf_ex1034055.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 110 - file: hf_ex1034055.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>111
<FILENAME>hf_ex1034056.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 111 - file: hf_ex1034056.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>112
<FILENAME>hf_ex1034057.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 112 - file: hf_ex1034057.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>113
<FILENAME>hf_ex1034058.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 113 - file: hf_ex1034058.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>114
<FILENAME>hf_ex1035000.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 114 - file: hf_ex1035000.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>115
<FILENAME>hf_ex1035001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 115 - file: hf_ex1035001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>116
<FILENAME>hf_ex1035002.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 116 - file: hf_ex1035002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>117
<FILENAME>hf_ex1035003.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 117 - file: hf_ex1035003.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>118
<FILENAME>hf_ex1035004.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 118 - file: hf_ex1035004.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>119
<FILENAME>hf_ex1035005.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 119 - file: hf_ex1035005.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>120
<FILENAME>hf_ex1035006.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 120 - file: hf_ex1035006.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>121
<FILENAME>hf_ex1035007.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 121 - file: hf_ex1035007.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>122
<FILENAME>hf_ex1035008.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 122 - file: hf_ex1035008.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>123
<FILENAME>hf_ex1035009.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 123 - file: hf_ex1035009.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>124
<FILENAME>hf_ex1035010.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 124 - file: hf_ex1035010.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>125
<FILENAME>hf_ex1035011.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 125 - file: hf_ex1035011.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>126
<FILENAME>hf_ex1035012.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 126 - file: hf_ex1035012.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>127
<FILENAME>hf_ex1035013.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 127 - file: hf_ex1035013.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>128
<FILENAME>hf_ex1035014.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 128 - file: hf_ex1035014.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>129
<FILENAME>hf_ex1035015.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 129 - file: hf_ex1035015.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>130
<FILENAME>hf_ex1035016.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 130 - file: hf_ex1035016.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>131
<FILENAME>hf_ex1035017.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 131 - file: hf_ex1035017.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>132
<FILENAME>hf_ex1035018.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 132 - file: hf_ex1035018.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>133
<FILENAME>hf_ex1035019.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 133 - file: hf_ex1035019.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>134
<FILENAME>hf_ex1035020.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 134 - file: hf_ex1035020.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>135
<FILENAME>hf_ex1035021.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 135 - file: hf_ex1035021.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>136
<FILENAME>hf_ex1035022.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 136 - file: hf_ex1035022.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>137
<FILENAME>hf_ex1035023.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 137 - file: hf_ex1035023.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>138
<FILENAME>hf_ex1035024.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 138 - file: hf_ex1035024.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>139
<FILENAME>hf_ex1035025.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 139 - file: hf_ex1035025.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>140
<FILENAME>hf_ex1035026.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 140 - file: hf_ex1035026.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>141
<FILENAME>hf_ex1035027.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 141 - file: hf_ex1035027.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>142
<FILENAME>hf_ex1035028.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 142 - file: hf_ex1035028.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>143
<FILENAME>hf_ex1035029.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 143 - file: hf_ex1035029.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>144
<FILENAME>hf_ex1035030.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 144 - file: hf_ex1035030.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>145
<FILENAME>hf_ex1035031.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 145 - file: hf_ex1035031.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>146
<FILENAME>hf_s1000.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 146 - file: hf_s1000.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>147
<FILENAME>hf_s1001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 147 - file: hf_s1001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>148
<FILENAME>hfe_ex1014000.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 148 - file: hfe_ex1014000.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>149
<FILENAME>hfe_ex1014001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 149 - file: hfe_ex1014001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>150
<FILENAME>hfe_ex1014002.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 150 - file: hfe_ex1014002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>151
<FILENAME>hfe_ex1015001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 151 - file: hfe_ex1015001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>152
<FILENAME>hfe_ex1015002.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 152 - file: hfe_ex1015002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>153
<FILENAME>hfe_ex102000.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 153 - file: hfe_ex102000.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>154
<FILENAME>hfe_ex102001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 154 - file: hfe_ex102001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>155
<FILENAME>hfe_ex102002.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 155 - file: hfe_ex102002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>156
<FILENAME>hfe_ex1026000.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 156 - file: hfe_ex1026000.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>157
<FILENAME>hfe_ex1026001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 157 - file: hfe_ex1026001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>158
<FILENAME>hfe_ex1026002.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 158 - file: hfe_ex1026002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>159
<FILENAME>hfe_ex1026003.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 159 - file: hfe_ex1026003.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>160
<FILENAME>hfe_ex1026004.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 160 - file: hfe_ex1026004.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>161
<FILENAME>hfe_ex1026005.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 161 - file: hfe_ex1026005.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>162
<FILENAME>hfe_ex1027000.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 162 - file: hfe_ex1027000.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>163
<FILENAME>hfe_ex1027001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 163 - file: hfe_ex1027001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>164
<FILENAME>hfe_ex1027002.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 164 - file: hfe_ex1027002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>165
<FILENAME>hfe_ex5-1000.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 165 - file: hfe_ex5-1000.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>166
<FILENAME>hfe_ex5-1001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 166 - file: hfe_ex5-1001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>167
<FILENAME>hfechart.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 167 - file: hfechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>168
<FILENAME>hflogo.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 168 - file: hflogo.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>169
<FILENAME>img001.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 169 - file: img001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>170
<FILENAME>westpark.jpg
<DESCRIPTION>IMAGE
<TEXT>
Document 170 - file: westpark.jpg

</DOCUMENT>
</SEC-DOCUMENT>