0001193125-14-159417 Sample Contracts

CUSTODY AGREEMENT
Custody Agreement • April 25th, 2014 • Spirit of America Investment Fund Inc • Ohio

THIS CUSTODY AGREEMENT (“Agreement”), dated as of September 1, 2012, is entered into by and between THE HUNTINGTON NATIONAL BANK, a national bank organized under the laws of the United States (the “Custodian” or “Bank”), and Spirit of America Investment Fund, Inc., a corporation formed under the laws of the State of Maryland (“Corporation”).

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SPIRIT OF AMERICA INVESTMENT FUND, INC.
Operating Expenses Agreement • April 25th, 2014 • Spirit of America Investment Fund Inc

This writing is to provide notice of the addition of a new series under the Company: Spirit of America Income & Opportunity Fund (the “New Fund”). The New Fund is to be considered a Series under the Agreement and shall be subject to the terms set forth under the Agreement unless otherwise provided herein.

PURCHASE AGREEMENT
Purchase Agreement • April 25th, 2014 • Spirit of America Investment Fund Inc

Spirit of America Investment Fund, Inc. (the “Company”), a Maryland Corporation, on behalf of the Spirit of America Income & Opportunity Fund (the “Portfolio”) and (the “Purchaser”) hereby agree as follows:

MUTUAL FUND SERVICES AGREEMENT Transfer Agency Services Anti-Money Laundering Services between SPIRIT OF AMERICA INVESTMENT FUND, INC. and HUNTINGTON ASSET SERVICES, INC. June 1, 2013
Mutual Fund Services Agreement • April 25th, 2014 • Spirit of America Investment Fund Inc • Indiana

AGREEMENT (this “Agreement”), dated as of June 1, 2013, between Spirit of America Investment Fund, Inc., a Maryland corporation (the “Company”) and Huntington Asset Services, Inc., a Delaware corporation (“Huntington”).

SPIRIT OF AMERICA INVESTMENT FUND, INC.
Underwriting Agreement • April 25th, 2014 • Spirit of America Investment Fund Inc

This letter is to provide notice of the addition of a new series under the Company: Spirit of America Income & Opportunity Fund (the “New Fund”). The New Fund is to be considered a Fund under the Agreement and shall be subject to the terms set forth under the Agreement unless otherwise provided herein.

SPIRIT OF AMERICA INVESTMENT FUND, INC.
Investment Advisory Agreement • April 25th, 2014 • Spirit of America Investment Fund Inc

This letter is to provide notice of the addition of a new series under the Company: Spirit of America Income & Opportunity Fund (the “New Fund”). The New Fund is to be considered a Fund under the Agreement and shall be subject to the terms set forth under the Agreement unless otherwise provided herein. The Adviser shall be compensated for services rendered under the Agreement as is consistent with the Agreement, including but not limited to Exhibit A to the Agreement as amended on May 8, 2013 and attached hereto.

MUTUAL FUND SERVICES AGREEMENT Fund Accounting Services Fund Administration Services Compliance Support Services between SPIRIT OF AMERICA INVESTMENT FUND, INC. and HUNTINGTON ASSET SERVICES, INC. September 1, 2012
Mutual Fund Services Agreement • April 25th, 2014 • Spirit of America Investment Fund Inc • Indiana

AGREEMENT (this “Agreement”), dated as of Sept. 1, 2012, between Spirit of America Investment Fund, Inc., a Maryland corporation (the “Company”) and Huntington Asset Services, Inc., a Delaware corporation (“Huntington”).

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