Operating Agreement of American Sample Contracts

FIRST AMENDMENT TO OPERATING AGREEMENT OF AMERICAN REALTY PARTNERS, LLC
Operating Agreement of American • September 22nd, 2015 • American Housing Income Trust, Inc. • Operators of nonresidential buildings

This First Amendment to Operating Agreement of American Realty Partners, LLC (this "Amendment") is effective as of July 8, 2015 (the "Effective Date"), although it is being executed subsequent thereto, and has been duly approved pursuant to Section 3.4 of the Operating Agreement for American Realty Partners, LLC (the "Company") dated November 1, 2013 (the "Operating Agreement").

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FIRST AMENDMENT TO OPERATING AGREEMENT OF AMERICAN REALTY PARTNERS, LLC
Operating Agreement of American • November 16th, 2015 • American Housing Income Trust, Inc. • Operators of nonresidential buildings

This First Amendment to Operating Agreement of American Realty Partners, LLC (this "Amendment") is effective as of July 8, 2015 (the "Effective Date"), although it is being executed subsequent thereto, and has been duly approved pursuant to Section 3.4 of the Operating Agreement for American Realty Partners, LLC (the "Company") dated November 1, 2013 (the "Operating Agreement").

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