UNITED STATES
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) March 19, 1996
(March 12, 1996)
Commission File Number 0-18550
NTS Mortgage Income Fund
(Exact name of registrant as specified in its charter)
Delaware 61-1146077
(State or other jurisdiction of (I.R.S. Employer Identification
incorporation or organization) No.)
10172 Linn Station Road
Louisville, Kentucky 40223
(Address of principal executive (Zip Code)
offices)
Registrant's telephone number,
including area code (502) 426-4800
Not Applicable
Former name, former address and former fiscal year,
if changed since last report
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Item 5. Other Items
On March 12, 1996 the Board of Directors of the NTS Mortgage Income
Fund (the "Fund") increased the number of directors on the Fund's
Board of Directors from three to five. Pursuant to the terms of
the Fund's By-Laws, vacancies among the Independent Directors shall
be filled for the unexpired term by the remaining Independent
Directors. Likewise, vacancies among the Affiliated Directors
shall be filled for the unexpired term by the remaining Affiliated
Directors. The independent members of the Fund's Board of
Directors have appointed Mr. Gerald B. Thomas, and the Affiliated
Director has appointed Mr. Richard L. Good, to fill the vacancies
created as a result of the increase in the number of directors.
Mr. Thomas, age 57, is currently Vice President, Commercial Real
Estate Loans for Citizens Bank of Kentucky. Mr. Good, age 56, is
currently President and Chief Operating Officer of NTS Corporation,
the Fund's Sponsor, as well as President of the Fund. Messrs.
Thomas and Good will serve as members of the Board of Directors
until the next annual meeting of shareholders and until they or
their successors are duly elected and qualified.
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SIGNATURES
Pursuant to the requirements of the Securities exchange Act of 1934, NTS
Mortgage Income Fund has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
NTS MORTGAGE INCOME FUND
/s/ John W. Hampton Date: March 19, 1996
John W. Hampton
Secretary/Treasurer of the
NTS Mortgage Income Fund
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