0000916002-04-000017 Sample Contracts

MAXUS REAL PROPERTY INVESTORS-FOUR, L.P. P.O. Box 34729 * North Kansas City, MO 64116 * (816)303-4500 * Fax (816)221-1829 April 9, 2004 TO HOLDERS OF UNITS OF Maxus Real Property Investors-Four, L.P. Dear Unit Holder:
Maxus Real Property Investors Four Lp • April 9th, 2004 • Real estate

Everest Properties II, LLC a California limited liability company (“Everest”), has recently offered to purchase up to 570 Units of limited partnership interests (“Units”) of Maxus Real Property Investors-Four, L.P. (the “Partnership”) at a cash purchase price of $500 per Unit, less the amount of distributions made to you after the date of the offer and less any transfer fees imposed by the Partnership for each transfer. As of March 31, 2004, there were a total of 11,371 outstanding Units. Based on the information provided in Everest’s offer to purchase, Everest’s address is 155 North Lake Avenue, Suite 100, Pasadena, California 91101.

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