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AIM 85 DECLARES MONTHLY DISTRIBUTION FOR JUNE OF 11 CENTS PER UNIT

 AIM 85 DECLARES MONTHLY DISTRIBUTION FOR JUNE
 OF 11 CENTS PER UNIT
 ROCKVILLE, Md., June 19 /PRNewswire/ -- American Insured Mortgage Investors - Series 85, L.P. (AIM 85) (AMEX: AII) today declared the June 1992 monthly distribution in the amount of 11 cents per unit. This 11 cents per unit will be paid on Aug. 3, 1992 to holders of record on June 30, 1992.
 Distribution record dates for AIM 85 occur at the end of each month; payments are made each quarter. Distributions are paid approximately one month after the end of each quarter and cover all monthly distributions declared during the quarter.
 The quarterly distribution payment will total 27 cents per unit. It is composed of June's 11 cents per unit, May's eight cents per unit, and April's eight cents per unit.
 June's distribution includes 4.64 cents per unit of accrued, previously uncollected interest which became available when AIM 85 received proceeds from HUD for the defaulted coinsured mortgage on the Hammond North Apartments.
 -0- 6/19/92
 /CONTACT: James T. Pastore, 301-231-0323, or Susan Bressler, 301-468-3120, both for AIM 85/ CO: American Insured Mortgage Investors - Series 85, L.P. ST: Maryland IN: FIN SU: DIV


TW -- DC014 -- 1939 06/19/92 12:58 EDT
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Publication:PR Newswire
Date:Jun 19, 1992
Words:207
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