<ARTICLE> 5 <LEGEND> The schedule contains summary information extracted from the Financial Statements of the June 30, 1999 Form 10-Q of Resources Accrued Mortgage 2 and is qualified in its entirety by reference to such financial statements. <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 4,156,269 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,156,790 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 20,136,145 <CURRENT-LIABILITIES> 108,200 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 20,027,945 <TOTAL-LIABILITY-AND-EQUITY> 20,136,145 <SALES> 0 <TOTAL-REVENUES> 144,731 <CGS> 0 <TOTAL-COSTS> 41,001 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 103,730 <INCOME-TAX> 0 <INCOME-CONTINUING> 103,730 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 103,730 <EPS-BASIC> 0 <EPS-DILUTED> 0