123-25 82nd Avenue

Amendment 20 Oct 29, 2007

The OCR text is too garbled to read, so this amendment's changes to the plan cannot be identified.

Amendment 19 Oct 11, 2007

The amendment text is too garbled by OCR to identify any changes to the plan.

Amendment 18 Jul 20, 2005

The OCR text is too garbled to identify any changes this amendment makes to the plan.

Amendment 17 May 23, 2005

The OCR text is too garbled to identify any changes this amendment makes to the plan.

Amendment 16 Aug 27, 2004

This amendment changes the offering prices of three unsold units, extends the plan's term by twelve months, and adds the holder's financial disclosure, the current board list, the budget status, and the 2003 and 2002 financial statements.

• Offering price of unit 2-K set at $125,000.00
• Offering price of unit 3-P set at $75,000.00
• Offering price of unit 5-H set at $78,000.00
• Plan term extended twelve months from the date of this amendment
• Holder of Unsold Shares discloses 10,870 shares, monthly maintenance of $36,124.83 on unsold apartments, and monthly rent received of $60,015.48
• No units on Schedule A are encumbered by financing security agreements
• Budget for the present fiscal year not yet adopted by the Board of Directors; plan to be amended when provided
• Current Board of Directors listed; holder relinquished board control in 1988

Amendment 15 Dec 18, 2002

This fifteenth amendment updates the unsold-share holder's financial disclosures, names the current board of directors, notes that no budget has been adopted yet, extends the plan's term by twelve months, and annexes the Apartment Corporation's financial statements.

• Holder of Unsold Shares (H&E, LLC) owns 11,618 shares allocated to units on Schedule A
• Aggregate monthly maintenance payable by holder for Unsold Apartments is $36,694.30
• Aggregate monthly rent received from unit tenants is $62,921.10
• Schedule A units are not encumbered by financing security agreements
• Holder has no obligations due within twelve months other than maintenance and is current on its plan obligations
• Holder relinquished board control in 1988; new board list names David Eisenstein as the only holder-affiliated director
• Budget for the present fiscal year not yet adopted; plan to be amended when provided
• Plan term extended twelve months from the amendment date; audited financial statements annexed