11-8-01 12. BOND PURCHASE AGREEMENT

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Assignment"). Certain of the proceeds of the Bonds will be disbursed in accordance with a Disbursing Agreement dated as of November 1, 24042001, among the Trustee, the Borrower and the title company named therein (the "Disbursing Agreement"). It is understood and agreed that the Bonds and the interest thereon are special, limited obligations of the Issuer payable solely from revenues provided by the Borrower or amounts paid pursuant to the Loan Agreement, amounts realized upon foreclosure of the Mortgage or the Subordinate Mortgage and amounts held in various funds and accounts as provided in the Indenture. The andBonds shall never constitute a general indebtedness of the Issuer within the meaning of any state constitutional or statutory provision and do not give rise to a general or moral obligation of the Issuer, the State of Minnesota(the "State"), or any of its political subdivisions, and do not constitute a charge against the Issuer's property, general credit or taxing powers. 2. Official Statement. (a) The Borrower shall deliver or cause to be delivered to us, promptly upon the completion thereof, copies of the official statement of the Borrower relating to the Bonds in the form accepted by us (such official statement as adopted by the Borrower in accordance herewith being herein called the "Final Official Statement"), signed on behalf of the Borrower by its authorized representative. In connection with the offering and sale of the Bonds, the Borrower authorizes the use by the Underwriter of copies of the Final Official Statement with respect to the Bonds (such Final Official Statement together with any amendments or supplements from time to time that may be authorized for use with respect to the Bonds as herein provided being referred to as the "Official Statement"), together with copies of the Resolution, the Indenture, the Loan Agreement, the Mortgage, the Subordinate Mortgage, the Disbursing Agreement and the other documents described therein. The Borrower hereby ratifies and consents to the use by the Underwriter of the Official Statement in connection with the sale of the Bonds. (b) The Borrower, pursuant to Rule 15c2--12 of the Securities and Exchange Commission (the "Rule")under the Securities Exchange Act of 1934, as amended (the "R--rlel934 Act"), agrees to deliver to the Underwriter, at such addresses as the Underwriter shall specify, as many copies of the Final Official Statement as the Underwriter shall reasonably request as necessary to comply with paragraph(b)(4) of the Rule and with Rule G-32 and all other applicable rules of the Municipal Securities Rulemaking Board (the "MRSB"). The Borrower agrees to deliver such Final Official Statements within seven(7)business days after the execution hereof (c) The Underwriter shall give notice to the Issuer, the Borrower and any additional "issuer" on the date after which no participating underwriter, as such term is defined in the Rule, remains obligated to deliver Final Official Statements pursuant to paragraph(b)(4) of the Rule. (d) The Underwriter agrees that it shall send or cause to be sent no later than the next business day, by first class mail or other equally prompt means, to any potential customer, on request, one or more copies of the Official Statement, as most recently