<PAGE>
                          PROPERTY MANAGEMENT AGREEMENT
                          -----------------------------

          THIS PROPERTY MANAGEMENT AGREEMENT (this "Agreement") is entered
     into  effective  as  of  July  1, 1998 among  Five  SAC  Self-Storage
     Corporation,  a  Nevada  corporation, with  its  principal  place  of
     business  at 715 South Country Club Drive, Mesa, AZ 85210  ("Owner"),
     and the property managers identified on Exhibit A attached hereto and
                                             ---------
     incorporated  herein by reference, as such Exhibit A may  be  amended
     from  time  to  time  (each  such property  manager  is  respectively
     referred to herein as "U-Haul").

                                       RECITALS
                                       --------

           A.  Owner  owns  the  real  property and  self-storage  related
     improvements thereon located at the addresses specified on Exhibit  A
     (hereinafter, collectively the "Property").

           B.   Owner  intends that the Property be rented on a  space-by-
     space  retail basis to corporations, partnerships, individuals and/or
     other entities for use as self-storage facilities.

           C.   Owner  desires that U-Haul manage the Property and  U-Haul
     desires  to  act  as the property manager for the  Property,  all  in
     accordance  with  the terms and conditions of this Agreement  and  as
     more specifically designated on Exhibit A hereto.

           NOW, THEREFORE, in consideration of the mutual covenants herein
     contained, Owner and U-Haul hereby agree as follows.

     1.  Employment.
         ----------

           (a)  Owner hereby retains U-Haul, and U-Haul agrees to  act  as
     manager of the Property upon the terms and conditions hereinafter set
     forth.

          (b) Owner acknowledges that U-Haul, and/or U-Haul affiliates, is
     in the business of managing self-storage facilities, both for its own
     account and for the account of others. It is hereby expressly  agreed
     that  notwithstanding this Agreement, U-Haul and such affiliates  may
     continue  to  engage in such activities, may manage facilities  other
     than those presently managed by U-Haul and its affiliates (whether or
     not  such  other facilities may be in direct or indirect  competition
     with Owner) and may in the future engage in other business which  may
     compete directly or indirectly with activities of Owner.

           (c)  In  the performance of their respective duties under  this
     Agreement, each U-Haul property manager shall occupy the position  of
     an  independent contractor with respect to Owner.  Nothing  contained
     herein  shall be construed as making the parties hereto  (or  any  of
     them) partners or joint venturors, nor (except as expressly otherwise
<PAGE>
     provided  for herein) construed as making U-Haul an agent or employee
     of Owner or of any other U-Haul property manager hereunder.

     2.  Duties and Authority of U-Haul.
         ------------------------------

           (a)  GENERAL  DUTIES  AND  AUTHORITY.   Subject  only  to  the
     restrictions and limitations provided in paragraphs (o)  and  (p)  of
     this Section 2  and the right of Owner to terminate this Agreement as
     provided  in  Section  6  hereof, U-Haul  shall  have  the  sole  and
     exclusive  authority to fully manage the Property and  supervise  and
     direct  the business and affairs associated or related to  the  daily
     operation  thereof, and, to that end on behalf of Owner,  to  execute
     such  documents and instruments as, in the sole judgment  of  U-Haul,
     are  reasonably  necessary or advisable under  the  circumstances  in
     order  to  fulfill  U-Haul's  duties  hereunder.   Such  duties   and
     authority shall include, without limitation, those set forth below.

           (b)  RENTING OF THE PROPERTY.  U-Haul shall establish  policies
     and procedures for the marketing activities for the Property, and may
     advertise  the Property through such media as U-Haul deems advisable,
     including, without limitation, advertising with the Yellow Pages.  U-
     Haul  shall  have  the  sole discretion, which  discretion  shall  be
     exercised  in  good faith, to establish the terms and  conditions  of
     occupancy  by  the  tenants of the Property,  and  U-Haul  is  hereby
     authorized  to  enter into rental agreements on behalf  and  for  the
     account  of  Owner with such tenants and to collect  rent  from  such
     tenants.  U-Haul  may  jointly  advertise  the  Property  with  other
     properties  owned  or managed by U-Haul, and in  that  event,  U-Haul
     shall  reasonably  allocate the cost of such advertising  among  such
     properties.

           (c)  REPAIR, MAINTENANCE AND IMPROVEMENTS.  U-Haul shall  make,
     execute, supervise and have control over the making and executing  of
     all  decisions concerning the acquisition of furniture, fixtures  and
     supplies  for  the  Property, and may purchase,  lease  or  otherwise
     acquire  the same on behalf of Owner.  U-Haul shall make and execute,
     or  supervise and have control over the making and executing  of  all
     decisions concerning the maintenance, repair, and landscaping of  the
     Property.  U-Haul shall, on behalf of Owner, negotiate  and  contract
     for  and  supervise  the  installation of  all  capital  improvements
     related  to  the Property; provided, however, that U-Haul  agrees  to
     secure  the  prior written approval of Owner on all such expenditures
     in  excess of $5,000.00 for any one item, except monthly or recurring
     operating  charges and/or emergency repairs if in the opinion  of  U-
     Haul such emergency-related expenditures are necessary to protect the
     Property from damage or to maintain services to the tenants as called
     for in their respective leases.

           (d)  PERSONNEL.   U-Haul shall select all  vendors,  suppliers,
     contractors,  subcontractors  and  employees  with  respect  to   the
     Property  and  shall  hire, discharge and  supervise  all  labor  and
     employees required for the operation and maintenance of the Property.
     Any  employees so hired shall be employees of U-Haul,  and  shall  be
     carried  on the payroll of U-Haul.  Employees may include,  but  will
     not  be  limited  to,  on-site resident managers,  on-site  assistant
<PAGE>
     managers,  and  relief  managers  located,  rendering  services,   or
     performing  activities  on  the  Property  in  connection  with   its
     operation  and management.  The cost of employing such persons  shall
     not  exceed  prevailing rates for comparable persons  performing  the
     same  or similar services with respect to real estate similar to  the
     Property.

           (e)  AGREEMENTS.  U-Haul shall negotiate and execute on behalf of
     Owner  such agreements which U-Haul deems necessary or advisable  for
     the  furnishing of utilities, services, concessions and supplies, for
     the  maintenance, repair and operation of the Property and such other
     agreements  which  may benefit the Property or be incidental  to  the
     matters for which U-Haul is responsible hereunder.

           (f)  OTHER  DECISIONS.   U-Haul shall  make  all  decisions  in
     connection with the daily operation of the Property.

           (g)  REGULATIONS  AND  PERMITS.  U-Haul  shall  comply  in  all
     material  respects with any statute, ordinance, law, rule, regulation
     or  order of any governmental or regulatory body, having jurisdiction
     over  the  Property,  respecting the  use  of  the  Property  or  the
     maintenance or operation thereof.  U-Haul shall apply for and attempt
     to  obtain and maintain, on behalf of Owner, all licenses and permits
     required  or advisable (in the sole judgment of U-Haul) in connection
     with the management and operation of the Property.

           (h)  RECORDS AND REPORTS OF DISBURSEMENTS AND COLLECTIONS.
     U-haul shall establish, supervise, direct and maintain the operation
     of a system of record keeping and bookkeeping with respect to all
     receipts  and  disbursements in connection with  the  management  and
     operation of the Property.  The books, records and accounts shall  be
     maintained at the U-Haul office or at such other location  as  U-Haul
     shall  determine, and shall be available and open to examination  and
     audit  quarterly by Owner, its representatives, any mortgagee of  the
     Property,  and such mortgagee's representative.  On or before  thirty
     (30)  days after the close of each quarter, U-Haul shall cause to  be
     prepared  and  delivered to Owner, a monthly statement  of  receipts,
     expenses  and charges, together with a statement of the disbursements
     made by U-Haul during such period on Owner's behalf.

           (i)  [Reserved].

           (j)  COLLECTION.  U-Haul shall be responsible for the billing and
     collection of all accounts receivable and for payment of all accounts
     payable  with  respect to the Property and shall be  responsible  for
     establishing  policies and procedures to minimize the amount  of  bad
     debts.

           (k)  LEGAL  ACTIONS.  U-Haul shall cause to be  instituted,  on
     behalf  and  in  the  name of Owner, any and  all  legal  actions  or
     proceedings  U-Haul deems necessary or advisable to collect  charges,
     rent or other income due to Owner with respect to the Property and to
<PAGE>
     oust  or dispossess tenants or other persons unlawfully in possession
     under  any lease, license concession agreement or otherwise,  and  to
     collect  damages  for breach thereof or default  thereunder  by  such
     tenant, licensee, concessionaire or occupant.

           (l)  INSURANCE.  U-Haul shall use its best efforts to assure that
     there  is  obtained  and  maintained in  force,  fire,  comprehensive
     liability  and other insurance policies in amounts generally  carried
     with  respect  to  similar facilities. U-Haul may in  its  discretion
     obtain  employee theft or similar insurance in amounts and with  such
     deductibles  as  U-Haul  deems appropriate.   U-Haul  shall  promptly
     provide  Owner  with  such certificates of  insurance  as  Owner  may
     reasonably request in writing, evidencing such insurance coverage.

           (m)  TAXES.  During the term of this Agreement, U-Haul shall pay
     from  Owner's  funds, prior to delinquency, all  real  estate  taxes,
     personal  property taxes, and all other taxes assessed to, or  levied
     upon, the Property.  If required by the holder of any note secured by
     the  Property, U-Haul will set aside, from Owner's funds,  a  reserve
     from  each  month's  rent and other income collected,  in  an  amount
     required  by  said  holder for purposes of payment of  real  property
     taxes.

           (n)  RESTRICTIONS.  Notwithstanding anything to the contrary set
     forth in this Section 2, U-Haul shall not be required to do, or cause
     to  be done, anything for the account of Owner (i) which may make
     U-Haul  liable  to  third  parties; (ii) which may  not  be  commenced,
     undertaken  or completed because of insufficient funds of Owner;  or,
     (iii) which may not be commenced, undertaken or completed because  of
     acts  of God, strikes, governmental regulations of laws, acts of  war
     or  other  types  of  events beyond the control  of  U-Haul,  whether
     similar or dissimilar to the foregoing.

           (o)  LIMITATIONS ON U-HAUL AUTHORITY.  Notwithstanding anything
     to  the  contrary  set  forth in this Section 2,  U-Haul  shall  not,
     without  obtaining  the  prior written consent  of  Owner,  (i)  rent
     storage  space  in the Property by written lease or agreement  for  a
     stated  term in excess of one year, (ii) alter the building or  other
     structures  of  the Property in any material manner; (iii)  make  any
     other  agreements  which  exceed a term  of  one  year  and  are  not
     terminable  on  thirty  day's notice at the will  of  Owner,  without
     penalty, payment or surcharge; (iv) act in violation of any  law;  or
     (v) act in violation of any duty or responsibility of Owner under any
     mortgage loan secured by the Property.

           (p)  SHARED EXPENSES.  Owner acknowledges that certain economies
     may be achieved with respect to certain expenses to be incurred by U-
     Haul  on  behalf of Owner hereunder if materials, supplies, insurance
     or  services are purchased by U-Haul in quantity for use not only  in
     connection  with the Property but in connection with other properties
     owned or managed by U-Haul or its affiliates.  U-Haul shall have  the
     right to purchase such materials, supplies, insurance and/or services
     in  its  own name and charge Owner a pro rata allocable share of  the
     cost  of the foregoing; provided, however, that the pro rata cost  of
     such  purchase  to  Owner shall not result in expenses  greater  than
<PAGE>
     would otherwise be incurred at competitive prices and terms available
     in  the area where the Property is located; and provided further,  U-
     Haul  shall give Owner access to records so Owner may review any such
     expenses incurred.

           (q)  DEPOSIT  OF  GROSS  REVENUES.   All  Gross  Revenues  (as
     hereinafter  defined) shall be deposited into a  trust  bank  account
     maintained  by  U-Haul (or its parent company)  as  trustee  for  the
     benefit  of  the  Owner.  To the extent that the Gross  Revenues  are
     deposited  into a collective trust account maintained by  U-Haul  (or
     its parent company) for the benefit of multiple property owners, such
     trust account will clearly identify the beneficiaries and U-Haul  (or
     its  parent company) shall reconcile such account daily and  maintain
     such  records  as  shall  clearly identify each  day  the  respective
     interest of each beneficiary in such collective trust account.  Gross
     Revenues  of  the  Owner shall be applied first to the  repayment  of
     Owner's senior debt with respect to the Property, and then to  U-Haul
     in  reimbursement  of expenses and for management  fees  as  provided
     under Section 4 below.

     3.  Duties of Owner.
         ---------------

           Owner hereby agrees to cooperate with U-Haul in the performance
     of  U-Haul's  duties under this Agreement and to that end,  upon  the
     request of U-Haul, to provide, at such rental charges, if any, as are
     deemed  appropriate, reasonable office space for U-Haul employees  on
     the  premises of the Property and to give U-Haul access to all files,
     books and records of Owner relevant to the Property.  Owner shall not
     unreasonably withhold or delay any consent or authorization to U-Haul
     required or appropriate under this Agreement.

     4.  Compensation of U-Haul.
         ----------------------

           (a)  MANAGEMENT  FEE. Owner shall pay to U-Haul  as  the  full
     amount  due  for the services herein provided a fee (the  "Management
     Fee")  equal to six percent (6%) of the "Gross Revenue" derived  from
     or  connected with the Property so managed by U-Haul hereunder.   The
     term  "Gross  Revenue"  shall mean all receipts  (excluding  security
     deposits  unless and until Owner recognizes the same  as  income)  of
     Owner (whether or not received by U-Haul on behalf or for the account
     of  Owner)  arising  from  the operation of the  Property,  including
     without  limitation,  rental payments of  lessees  of  space  in  the
     Property,  vending  machine or concessionaire  revenues,  maintenance
     charges,  if any, paid by the tenants of the Property in addition  to
     basic  rent,  parking  fees, if any, and all monies  whether  or  not
     otherwise described herein paid for the use of the Property.   "Gross
     Revenue"  shall  be determined on a cash basis.  The  Management  Fee
     shall  be paid promptly at the end of each calendar quarter and shall
     be  calculated on the basis of the "Gross Revenue" of such  preceding
     quarter.   The  Management Fee shall be paid to each U-Haul  property
     manager  herein  identified  based  on  the  Gross  Revenue  of  each
     respective Property for which such property manager is responsible as
     set forth on Exhibit A hereto.  Each property manager agrees that its
                  ---------
<PAGE>
     monthly Management Fee shall be subordinate to that month's principal
     balance and interest payment on any first lien position mortgage loan
     on the Property.

           It is understood and agreed that the Management Fee will not be
     reduced  by  the  cost  to Owner of those employees  and  independent
     contractors engaged by or for Owner, including but not limited to the
     categories  of  personnel specifically referred to in  Section  2(d).
     Except  as  provided in this Section 4, it is further understood  and
     agreed  that  U-Haul shall not be entitled to additional compensation
     of  any  kind in connection with the performance by it of its  duties
     under this Agreement.

           (b)  REIMBURSEMENT OF CERTAIN EXPENSES.  In  addition  to  the
     Management   Fee  described  above,  U-Haul  shall  be  entitled   to
     reimbursement from Owner, on a quarterly basis, for all out-of-pocket
     expenses  incurred  by  U-Haul  hereunder  in  connection  with   the
     management   and  operation  of  the  Property,  including,   without
     limitation,   taxes,   insurance,  operational  expenses,   overhead,
     litigation   and   dispute  resolution  related   expenses,   capital
     improvement expenses, and costs of sales.

     5.  Use of Trademarks, Service Marks and Related Items.
         --------------------------------------------------

          Owner acknowledges the significant value of the "U-Haul" name in
     the operations of Owner's property and it is therefore understood and
     agreed  that  the  name,  trademark and service mark,  "U-Haul",  and
     related  marks,  slogans, caricatures, designs  and  other  trade  or
     service  items  shall  be utilized for the non-exclusive  benefit  of
     Owner  in the rental and operation of the Property, and in comparable
     operations elsewhere.  It is further understood and agreed that  this
     name  and  all  such marks, slogans, caricatures, designs  and  other
     trade  or service items shall remain and be at all times the property
     of U-Haul and its affiliates, and that, except during the term hereof
     and   as  expressly  provided  herein,  Owner  shall  have  no  right
     whatsoever  therein.   Owner agrees that  during  the  term  of  this
     agreement the sign faces at the property will have the name "U-Haul."
     The U-Haul sign faces will be paid for by Owner.  Upon termination of
     this  agreement at any time for any reason, all such use by  and  for
     the  benefit  of  Owner of any such name, mark,  slogan,  caricature,
     design or other trade or service item in connection with the Property
     shall,  in any event, be terminated and any signs bearing any of  the
     foregoing shall be removed from view and no longer used by Owner.  In
     addition,  upon  termination of this Agreement at any  time  for  any
     reason,  Owner shall not enter into any new leases of Property  using
     the  U-Haul lease form or use other forms prepared by U-Haul.  It  is
     understood  and agreed that U-Haul will use and shall be unrestricted
     in  its  use of such name, mark, slogan, caricature, design or  other
     trade  or  service  item  in the management and  operation  of  other
     storage   facilities  both  during  and  after  the   expiration   or
     termination of the term of this Agreement.
<PAGE>
     6.  Termination.
         -----------

           Owner  or  U-Haul may terminate this Agreement with or  without
     cause by giving not less than sixty days' written notice to the other
     party   pursuant   to   Section  11   hereof.    In   addition,   and
     notwithstanding  the  foregoing, if Owner fails  to  pay  U-Haul  any
     amounts owed under this Agreement when due, U-Haul may terminate this
     Agreement  by  giving  Owner not less than ten  days  written  notice
     pursuant  to  Section  11  hereof.   Notwithstanding  the  foregoing,
     however,  U-Haul shall not resign as property manager of the Property
     until  a  nationally  recognized  and  reputable  successor  property
     manager  is  available  and  prepared to assume  property  management
     responsibilities  with  respect to the  Property  in  question   Upon
     termination of this Agreement, U-Haul shall promptly return to  Owner
     all monies, books, records and other materials held by U-Haul for  or
     on  behalf  of  Owner.   In  addition, if U-Haul  has  contracted  to
     advertise  the  Property in the Yellow Pages,  Owner  shall,  at  the
     option  of  U-Haul, continue to be responsible for the cost  of  such
     advertisement  and shall either (i) pay U-Haul the  remaining  amount
     due under such contract in a lump sum; or (ii) pay U-Haul monthly for
     the amount due under such contract.

     7.  Indemnification.
         ---------------

           Owner  hereby agrees to indemnify and hold each of U-Haul,  all
     persons  and  companies  affiliated with U-Haul,  and  all  officers,
     shareholders, directors, employees and agents of U-Haul  and  of  any
     affiliated  companies  or  persons  (collectively,  the  "Indemnified
     Persons") harmless from any and all costs, expenses, attorneys' fees,
     suits, liabilities, judgments, damages, and claims in connection with
     the  management  of the Property (including the loss of  use  thereof
     following any damage, injury or destruction), arising from any  cause
     except for the willful misconduct or gross negligence on the part  of
     the Indemnified Persons.  In addition, no Indemnified Person shall be
     liable  for any error of judgment or for any mistake of fact or  law,
     or  for  anything  which it may do or refrain from  doing  hereafter,
     except  in  cases of willful misconduct or gross negligence.   U-Haul
     hereby  agrees to indemnify and hold Owner harmless from any and  all
     costs,  expenses,  attorneys'  fees, suits,  liabilities,  judgments,
     damages  and claims in connection with the management of the Property
     arising  from  the  willful misconduct of, gross  negligence  of,  or
     breach of this Agreement by the Indemnified Persons.  In addition,
     U-Haul  shall  not be liable to Owner for the acts or omissions  of
     U-Haul's  officers,  shareholders,  directors,  employees,  and  agents
     except for U-Haul's own gross negligence or willful misconduct.

     8.  Assignment.
         ----------

           This Agreement may be assigned by Owner in connection with  any
     mortgage  loan on the Property, whether pursuant to a conditional  or
     unconditional, absolute assignment.  U-Haul shall have the  right  to
     assign  this Agreement to an affiliate or a wholly or majority  owned
     subsidiary;  provided,  however, any such assignee  must  assume  all
<PAGE>
     obligations  of  U-Haul hereunder, Owner's rights hereunder  will  be
     enforceable  against  any  such assignee  and  U-Haul  shall  not  be
     released  from its liabilities hereunder unless Owner shall expressly
     agree thereto in writing.

     9.  Headings.
         --------

           The  headings contained herein are for convenience of reference
     only  and are not intended to define, limit or describe the scope  or
     intent of any provision of this Agreement.

     10.  Governing Law.
          -------------

           The  validity of this Agreement, the construction of its  terms
     and  the interpretation of the rights and duties of the parties shall
     be governed by the internal laws of the State of Arizona.

     11.  Notices.
          -------

           Any notice required or permitted herein shall be in writing and
     shall  be personally delivered or mailed first class postage  prepaid
     or  delivered  by  an overnight delivery service  to  the  respective
     addresses  of  the  parties set forth below their signatures  on  the
     signature  page thereof, or to such other address as  any  party  may
     give  to the other in writing.  Any notice required by this Agreement
     will  be deemed to have been given when personally served or one  day
     after  delivery to an overnight delivery service or five  days  after
     deposit in the first class mail.

     12.  Severability.
          ------------

           Should any term or provision hereof be deemed invalid, void  or
     unenforceable either in its entirety or in a particular  application,
     the  remainder  of this Agreement shall nonetheless  remain  in  full
     force  and effect and, if the subject term or provision is deemed  to
     be  invalid, void or unenforceable only with respect to a  particular
     application,  such term or provision shall remain in full  force  and
     effect with respect to all other applications.

     13.  Successors.
          ----------

          This Agreement shall be binding upon and inure to the benefit of
     the  respective  parties  hereto  and  their  permitted  assigns  and
     successors in interest.

     14.  Attorneys' Fees.
          ---------------

           If  it  shall become necessary for any party hereto  to  engage
     attorneys  to  institute legal action for the  purpose  of  enforcing
<PAGE>
     their  respective  rights hereunder or for the purpose  of  defending
     legal  action brought by the other party hereto, the party or parties
     prevailing in such litigation shall be entitled to receive all costs,
     expenses and fees (including reasonable attorneys' fees) incurred  by
     it in such litigation (including appeals).

     15.  Counterparts.
          ------------

          This Agreement may be executed in one or more counterparts, each
     of which shall be deemed an original, but all of which together shall
     constitute one and the same instrument.

     16.  Scope of Property Manager Responsibility.
          ----------------------------------------

           The  duties, obligations and liability of each property manager
     identified  herein  shall extend only so far  as  to  relate  to  the
     Property for which such property manager is managing located  in  the
     domicile  state  of  such  property  manager,  as  more  specifically
     described  on  Exhibit A hereto, and no individual  property  manager
     hereunder  shall  be liable for the acts or omissions  of  any  other
     property manager hereunder.  Each property manager shall use its best
     efforts  to  assist  Owner in fulfilling Owner's obligations  arising
     under  any  loan to Owner that is secured by the Property,  including
     but  not  limited to preparing and providing financial and accounting
     reports, and maintaining the Property.  Each property manager  agrees
     that   it  will  perform  its  obligations  hereunder  according   to
     reasonable  industry standards, in good faith, and in a  commercially
     reasonable  manner.   U-Haul agrees that, in discharging  its  duties
     hereunder,  it  will  not  have  any relationship  with  any  of  its
     affiliates  that  would  be  less  favorable  to  Owner  than   would
     reasonably be available in a transaction with an unaffiliated party.

     17.  Amendment to Exhibit A.
          ----------------------

           Exhibit A may be amended from time to time, whether by removing
     properties and property managers from the scope and coverage of  this
     Agreement  (provided, however, that any such removal  shall  only  be
     done in accordance with the other terms of this Agreement), or adding
     properties  and property managers to the scope and coverage  of  this
     Agreement  (in  which event, any new property manager not  already  a
     party to this Agreement shall execute a counterpart signature page to
     this Agreement, agreeing to be bound by, and subject to the terms of,
     this Agreement).
<PAGE>
          IN WITNESS WHEREOF, the parties hereto execute this Agreement as
     of the date first above written.

"Owner"

Five SAC Self-Storage Corporation,
a Nevada corporation

By:   /S/ Bruce A. Brockhagen
      ------------------------
      Secretary
Its:  ------------------------


                              "U-Haul"

U-Haul Co. of Colorado, Inc.,             U-Haul Co. of Arizona, Inc.,
a Colorado corporation                    an Arizona corporation

By:   /S/ Gary V. Klinefelter             By:   /S/ Gary V. Klinefelter
      ------------------------                  ------------------------
Its:  Secretary                           Its:  Secretary
      ------------------------                  ------------------------


U-Haul Co. of Kansas, Inc.,               U-Haul Co. of Missouri, Inc.,
a Kansas corporation                      a Missouri corporation

By:   /S/ Gary V. Klinefelter             By:   /S/ Gary V. Klinefelter
      ------------------------                  ------------------------
Its:  Secretary                           Its:  Secretary
      ------------------------                  ------------------------


U-Haul Co. of Texas, Inc.,                U-Haul Co. of Georgia, Inc.,
a Texas corporation                       a Georgia corporation

By:   /S/ Gary V. Klinefelter             By:   /S/ Gary V. Klinefelter
      ------------------------                  ------------------------
Its:  Secretary                           Its:  Secretary
      ------------------------                  ------------------------


U-Haul Co. of Alabama, Inc.,              U-Haul Co. of North Carolina, Inc.,
an Alabama corporation                    a North Carolina corporation

By:   /S/ Gary V. Klinefelter             By:   /S/ Gary V. Klinefelter
      ------------------------                  ------------------------
Its:  Secretary                           Its:  Secretary
      ------------------------                  ------------------------
<PAGE>
U-Haul Co. of Florida, Inc.,              U-Haul Co. of Nevada, Inc.,
a Florida corporation                     a Nevada corporation

By:   /S/ Donald Wm. Murney               By:   /S/ Gary V. Klinefelter
      ------------------------                  ------------------------
Its:  Treasurer                           Its:  Secretary
      ------------------------                  ------------------------


U-Haul Co. of Canada, Ltd.                U-Haul Co. of Pennsylvania, Inc.
a Canadian corporation                    a Pennsylvania corporation

By:   /S/ Gary V. Klinefelter             By:   /S/ Gary V. Klinefelter
      ------------------------                  ------------------------
Its:  Secretary                           Its:  Secretary
      ------------------------                  ------------------------


U-Haul Co. of Oklahoma, Inc.
an Oklahoma corporation

By:   /S/ Gary V. Klinefelter
      ------------------------
      Its:  Secretary
      ------------------------






<PAGE>
                                   EXHIBIT A
                                   ---------



Name of property manager           Street address of the property managed
------------------------           --------------------------------------
                                   pursuant to this agreement
                                   --------------------------


U-Haul Co. of Arizona, Inc.        State Rte 69, Prescott, AZ

U-Haul Co. of Colorado, Inc.       3959 Chambers Rd., Aurora, CO

U-Haul Co. of Kansas, Inc.         9250 Marshall Drive, Lenexa, KS

U-Haul Co. of Nevada, Inc.         Craig Road, North Las Vegas, NV

U-Haul Co. of Missouri, Inc.       14775 Manchester, Ballwin, MO; and
                                   2101 S. Kings Hgwy. Blvd., St. Louis, MO

U-Haul Co. of Texas, Inc.          9000 South IH 35, Austin, TX;
                                   3405 East Central Texas Expwy. Killeen, TX;
                                   7741-43 Eckhart Rd. San Antonio, TX;
                                   Hwy. 114 and Mesa Butte, Roanoke, TX; and
                                   11383 Amanda Lane, Dallas, TX

U-Haul Co. of Georgia, Inc.        1256 Pleasant Hill Rd. Laurenceville, GA

U-Haul Co. of Alabama, Inc.        2505 Government Blvd., Mobile, AL

U-Haul Co. of North Carolina, Inc. 425 S. Marine Blvd., Jacksonville, NC

U-Haul Co. of Florida, Inc.        Pistol Range & Hillsborough, Tampa, FL

U-Haul Co. of Canada, Ltd.         183 Kenmount Road, St. Johns, Newfoundland;
                                   and 2495 Henri-Bourassa Blvd., Quebec City,
                                   Quebec

U-Haul Co. of Pennsylvania, Inc.   1135 Washington Ave., Philadelphia, PA

U-Haul Co. of Oklahoma, Inc.       5715 W. 6th Street, Stillwater, OK