LIMITED WARRANTY DEED Form No. 23-M Corporation or Partnership to Corporation or Partnership No delinquent taxes and transfer entered; Certificate of Real Estate Value ( ) filed ( ) not required Certificate of Real Estate Value No. , 19 County Auditor by Deputy STATE DEED TAX DUE HEREON: $ (reserved for recording data) Date: As of October 31, 1995 FOR VALUABLE CONSIDERATION, Angeles Income Properties, Ltd. V, a limited partnership under the laws of California , Grantor, hereby conveys and quitclaims to Angeles Mortgage Investment Trust , Grantee, a business trust under the laws of California , real property in Anoka County, Minnesota, described as follows: Lots 4, 5, 6, 7 and 8, Block 3, University Industrial Park, according to the recorded plat thereof, together with all hereditaments and appurtenances belonging thereto, subject to the following exceptions: Those "Permitted Encumbrances" described on Exhibit A attached hereto. Grantor covenants and represents that: (1) This Deed conveys after-acquired title; and (2) Grantor has not made, done, executed or suffered any act or thing whereby the above-described property or any part thereof, now or at any time hereafter, shall or may be imperiled, charged or incumbered in any manner, and Grantor will warrant the title to the above-described property against all persons claiming the same from or through Grantor as a result of any such act or thing. Grantor certifies that Grantor does not know of any wells located on the described real property. Angeles Income Properties, Ltd. V, a California limited partnership Affix Deed Tax Stamp Here By: Angeles Realty Corporation II, a California corporation, general partner By: /s/ Robert D. Long, Jr. Its: CAO/Controller STATE OF SOUTH CAROLINA ) ) ss. COUNTY OF GREENVILLE ) The foregoing instrument was acknowledged before me this 14th day of November, 1995, by Robert D. Long, Jr., the CAO/Controller of Angeles Realty Corporation II, a California corporation, general partner of Angeles Income Properties, Ltd. V, a limited partnership under the laws of California, on behalf of the limited partnership. NOTARIAL STAMP OR SEAL (OR OTHER /s/ Antoinette M. Wolf TITLE OR RANK) SIGNATURE OF PERSON TAKING ACKNOWLEDGMENT Tax Statements for the real property described in this instrument should be sent to (include name and address of Grantee): Angeles Mortgage Investment Trust 340 North Westlake Boulevard Suite 230 Westlake Village, CA 91362 THIS INSTRUMENT WAS DRAFTED BY (NAME AND ADDRESS): BRIGGS AND MORGAN, P. A. (DGG) 2200 First National Bank Building St. Paul, Minnesota 55101 (612) 223-6636