14-20 Cedar Glen Bond Ordinance Addendums

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Section 4.4. Obligations Unconditional. The obligations of the Borrower to make Loan Payments, Additional Payments and any payments required of the Borrower under Sections 5.10 and 6.03 of the Indenture shall be absolute and unconditional, and the Borrower shall make such payments without abatement, diminution or deduction regardless of any cause or circumstances whatsoever including, without limitation, any defense (other than actual payment or performance), set-off, recoupment or counterclaim which the Borrower may have or assert against the Issuer, the Trustee or any other Person. The Borrower maycontest or dispute the amount of anysuch obligation arisingunder P g Section 6.03 of the Indenture so long as such dispute or contest does not result in an Event of Default under the Indenture. Section 4.5. Assignment of Agreement and Pledged Revenues. To secure the payment of Bond Service Charges, the Issuer shall assign to the Trustee,by the Indenture, its rights under and interest in this Agreement (except for the Unassigned Issuer's Rights) and the Note. The Borrower hereby agrees and consents to those assignments. The Issuer shall not attempt to further assign, transfer or convey its interest in the Pledged Revenues or this Agreement or create any pledge or Lien of any form or nature with respect to the Pledged Revenues or Loan Payments hereunder. (End of Article IV) 13