Exhibit (z)(2)
AGREEMENT OF JOINT FILING
IPLP Acquisition I LLC, Insignia Properties, L.P., Insignia Properties
Trust, Insignia Financial Group, Inc. and Xxxxxx X. Xxxxxx hereby agree
that the Amendment No. 2 to Statement on Schedule 13D to which this agreement
is attached as an exhibit shall be filed on behalf of each of them. This
agreement is intended to satisfy the requirements of Rule 13d-1(f)(1)(iii)
under the Securities Exchange Act of 1934, as amended.
Dated: August 28, 1997
IPLP ACQUISITION I LLC
By: /s/ XXXXXXX X. XXXXX
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Xxxxxxx X. Xxxxx
Manager
INSIGNIA PROPERTIES, L.P.
By: Insignia Properties Trust,
its General Partner
By: /s/ XXXXXXX X. XXXXX
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Xxxxxxx X. Xxxxx
Senior Vice President
INSIGNIA PROPERTIES TRUST
By: /s/ XXXXXXX X. XXXXX
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Xxxxxxx X. Xxxxx
Senior Vice President
INSIGNIA FINANCIAL GROUP, INC.
By: /s/ XXXXX X. XXXXXXXX
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Xxxxx X. Xxxxxxxx
Executive Managing Director
/s/ XXXXXX X. XXXXXX
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XXXXXX X. XXXXXX