0000899681-03-000046 Sample Contracts

SUBSCRIPTION AGREEMENT
Subscription Agreement • January 28th, 2003 • Homburg Invest Inc • Real estate investment trusts • New York

Subscription Agreement dated as of the 24th day of December, 2002, by and between Cedar Income Fund, Ltd., a Maryland corporation (the "Company"), and Homburg Invest USA Inc., a Colorado corporation (the "Subscriber").

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