EXHIBIT 7.7
AGREEMENT OF JOINT FILING
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SP IV Acquisition, L.L.C., Market Ventures L.L.C., Liquidity
Assistance L.L.C., Insignia Financial Group, Inc. and Xxxxxx X. Xxxxxx agree
that the Statement on Schedule 13D to which this Agreement is attached as an
exhibit, and all future amendments to this Statement, 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. This
Agreement may be executed in any number of counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same
instrument.
Dated: June 23, 1997
SP IV ACQUISITION, L.L.C. MARKET VENTURES L.L.C.
By: /s/ Xxxxxxx X. Xxxxxxxx By: /s/ Xxxx X. Lines
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Xxxxxxx X. Xxxxxxxx Xxxx X. Lines
President Vice President
LIQUIDITY ASSISTANCE L.L.C. INSIGNIA FINANCIAL GROUP, INC.
By: /s/ J. Xxxxx Xxxxxx By: /s/ Xxxxxxx X. Xxxxx
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J. Xxxxx Xxxxxx Xxxxxxx X. Xxxxx
President Senior Vice President
/s/ Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx