11-14-01 1. INDENTURE OF TRUST - Laserfiche WebLink

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Depository and the Participants in accordance with the Book-Entry System and Letter of Representations. (c) Payments. All payments of principal of, premium, if any, and interest on Bonds while in Book-Entry Form shall be paid to the Depository in accordance with the Book-Entry System and Letter of Representations in same day funds by wire transfer. All payments of principal of, premium, if any, and interest on any Bonds in Book-Entry Form due Beneficial Owners shall be made at such times and in such manner as shall be determined by the Depository and the Participants in accordance with the Book-Entry System and Letter of Representations. (d) Limitations on Liability. With respect to Bonds in Book-Entry Form, and any Beneficial Owners thereof, except as expressly provided to the contrary herein, the City and the Trustee shall have no responsibility,liability or obligation of any nature whatsoever with respect to (i)the non-payment to any Beneficial Owner or any other person,other than the Depository,of any amount due for principal or interest; (ii)the failure to give any notice or other information to the applicable Beneficial Owner;(iii)the inaccuracy of the records of the Depository or any Participant, or(iv)the failure in any manner of the Depository or any Participant to timely or properly comply with procedures or requirements of the Book-Entry System. No such payment,failure or inaccuracy shall cause an Event of Default under the Indenture. Section 2.11 Termination of Book-Entry Only System. DTC may determine to discontinues providing its services with respect to the Series 2001 Bonds at any time by giving written notice to the Borrower,the Trustee and the City and discharging its responsibilities with respect thereto under applicable law. The Borrower may terminate the services of DTC with respect to the Series 2001 Bonds,with. the prior written consent of the City,if it determines that DTC is no longer able to carry out its functions as security depository as contemplated herein. Upon the termination of the services of DTC as provided in the preceding paragraph,the Borrower shall take all reasonable and diligent steps as may be necessary to find an alternate book-entry depository, but if(and only if) no such substitute securities depository willing to undertake the functions of DTC hereunder can be found which,in the opinion of the Borrower,is willing and able to undertake such functions upon reasonable or customary terms, then the Series 2001 Bonds, as the case may be, shall no longer be restricted to being registered in the Bond Register in the name of Cede&Co.,as nominee of DTC,but may be registered in whatever name or names the Bondowners shall designate at that time, in accordance with Section 2.04. To the extent that the Beneficial Owners are designated as the transferee by the Bondowners, in accordance with Section 2.04 the Series 2001 Bonds will be delivered in appropriate form, content and Authorized Denomination to the Beneficial Owners. [The balance of this page is intentionally left blank.] - 27 -