Participating Development Fund 86 Watch

from 10-Q 1 page Tech Plaza Dated September 29, 1995 Settlement Statement (Seller/Purchaser) Re: 10007 and 10027 South 51st Street Foothills Tech Plaza Phoenix, Az Seller: Participating Development Fund 86 Purchaser: Ftp Realty, Inc. Date: September 29, 1995 Purchase Price: $10,237,512.00 Credits Due Purchaser: Roof Contract - 10007 $56,500.00 Roof Contract - 10027 $169,500.00 Rents: Acoustic Imaging ($1,743.20 Per Diem) $3,486.40 Fireman's Fund ($602.48 Per Diem) $1,204.95 Pos Systems ($583.93 Per Diem) $1,167.87 Engineering/Maintainance Adjustment $727.78 Total Rent Adjustment $5,859.22 Security Deposits $54,925.00 Total Credits Due Purchaser $287,512.00 Credits Due Seller: None Net Payment Due Seller: $9,950,000.00 if Any Rents Are Received by Seller After the Date of Closing, They Shall Be Deposited by Seller in Its Account and When Available as Usable Funds Shall Be Immediately Wired as Instructed by Purchaser in Instructions to Be Provided at a Later Date. Any Errors or Other Appropriate Adjustments Are Subject to the Provisions of the Sale-Purchase Agreement Dated September 8, 1995 Regarding the Property. Seller: Participating Development Fund 86 By: Pdf Real Estate Services, Inc. General Partner By: /S/William Caulfield Its Vice-President Purchaser: By: Ftp Realty, Inc. By: /S/David S. Hart Its Vice-President