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

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November 1, 2005 *Final Maturity In connection with the Mandatory Tender Date,the Remarketing Agent shall establish a schedule for mandatory sinking fund redemption payments such that the scheduled annual debt service on the Series 2001A Bonds will be approximately level, taking into account the interest rate to go into effect on the Mandatory Tender Date. Merit Data.,Priacipa' Amount Amount Nuva mbax 1, 20 $Nuve,lrbvr 1,2007* $ *I'iaal Mata,qty (d) Redemption upon a Determination of Taxability. The Series 2001 Bonds are also subject to mandatory redemption upon the occurrence of a Determination of Taxability with respect to the Series 2001 Tax-Exempt Bonds. In such event, each of the outstanding Series 2001 Bonds shall be subject to mandatory redemption and shall be redeemed on the first Business Day for which notice can be duly given hereunder after the Borrower receives notice that a Determination of Taxability has occurred, and the Borrower shall cause notice thereof to be given to the Holders of the Bonds, as more fully provided in Section 4.07 of the Loan Agreement, at a redemption price equal to par,plus accrued interest,and,unless the Borrower shall cause to be delivered to the Trustee a written opinion of Bond Counsel to the effect that the Determination of Taxability was not caused by an action taken or not taken by the Borrower,plus a premium equal to five percent(3%)of the principal amount of each Series 2001 Bond redeemed. If the Series 2001 Bonds are redeemed as provided in this subsection, Bonds shall be redeemed in the following order: (i) first, the Senior Bonds;and(ii)second,the Subordinate Bonds. (e) Special Redemption of Subordinate Bonds. On each Na,vombvr December 1, beginning Nvvvaibei'December 1, 20 2003,the Subordinate Bonds are subject to redemption at a redemption price of 100% of the outstanding principal amount thereof to be redeemed plus accrued interest to the redemption date. Subordinate Bonds shall be redeemed with moneys transferred from the Surplus Fund to the Optional Redemption Account,as provided in Section 5.05 hereof, and available for such purpose. Notice of any such redemption of Series 2001 Bonds shall be mailed in the form provided by Section 3.02 and in the manner and to the extent required by Section 3.03. On or prior to the date fixed for redemption,funds shall be deposited with the Trustee sufficient to pay the Bonds called and accrued interest thereon,plus any premium required. Upon the happening of the above conditions,any Bonds thus called and for which such moneys have been deposited with or are held by the Trustee shall not bear interest after the redemption date,and except for the purpose of payment by application of the funds so deposited, shall no longer be secured by this Indenture. - 29 -