SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported)
December 23, 1998
AMERICA FIRST PREP FUND 2 PENSION SERIES LIMITED PARTNERSHIP
(Exact Name of Registrant as Specified in its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
0-17582 47-0719051
(Commission (IRS Employer
File Number) Identification No.)
Suite 400, 1004 Farnam Street, Omaha, Nebraska 68102
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code (402) 444-1630
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Item 2: Acquisition or Disposition of Assets
On December 23, 1998, America First Prep Fund 2 Pension Series Limited
Partnership (the "Registrant") sold its Government National Mortgage
Association Certificates collaterized by Owings Chase Apartments with a
carrying value of $3,108,174, to America First Mortgage Investments, Inc., the
owner of the majority of BUCs of the Registrant. The Registrant's cash
proceeds from the sale were $3,119,830, which represented the fair market
value of the securities plus accrued interest. The Registrant recognized a
gain of $11,656 on the sale.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Dated: February 9, 1999 AMERICA FIRST PREP FUND 2
PENSION SERIES LIMITED PARTNERSHIP
By America First Capital
Associates Limited
Partnership Six, General
Partner of the Registrant
By America First Mortgage Investments, Inc.,
General Partner of America
First Capital Associates
Limited Partnership Six
By /s/ Stewart Zimmerman
Stewart Zimmerman,
President and Chief Executive Officer
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