EXHIBIT 7.7
AGREEMENT OF JOINT FILING
Madison River Properties, L.L.C., AIMCO Properties, L.P., AIMCO-GP,
Inc. and Apartment Investment and Management Company agree that the amendment
to 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 Rule 13d-1(f) 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: October 26, 1998
MADISON RIVER PROPERTIES, L.L.C.
By: AIMCO Properties, L.P.,
its managing member
By: AIMCO-GP, Inc.,
its General Partner
By: /s/ XXXXXXX X. XXXX
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Xxxxxxx X. Xxxx
Executive Vice President
AIMCO PROPERTIES, L.P.
By: AIMCO-GP, Inc.,
its General Partner
By: /s/ XXXXXXX X. XXXX
---------------------------
Xxxxxxx X. Xxxx
Executive Vice President
AIMCO-GP, INC.
By: /s/ XXXXXXX X. XXXX
---------------------------
Xxxxxxx X. Xxxx
Executive Vice President
APARTMENT INVESTMENT AND
MANAGEMENT COMPANY
By: /s/ XXXXXXX X. XXXX
---------------------------
Xxxxxxx X. Xxxx
Executive Vice President