14-20 Cedar Glen Bond Ordinance Addendums

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EXHIBIT A FORM OF NOTE This Note has not been registered under the Securities Act of 1933. Its transferability is restricted by the Trust Indenture and the Loan Agreement referred to herein. $4,100,000 [April , 2020] MAH Cedar Glen, LP, a limited partnership duly organized and validly existing under the laws of the State of Indiana (the "Borrower"), for value received, promises to pay in installments to The Huntington National Bank, as Trustee (the "Trustee") under the Indenture hereinafter referred to, the principal sum of Four Million One Hundred Thousand Dollars ($4,100,000) and to pay interest on the unpaid balance of such principal sum from and after the date hereof at the rate of [ Vol per annum through and including the initial Mandatory Tender Date (as defined in the Indenture described below), and thereafter at the applicable Remarketing Rate (as defined in the Indenture) until the payment of such principal sum has been made or provided for. The principal sum stated above shall be paid on or before the fifth Business Day (as defined in the Indenture defined herein) immediately preceding November 1, 2022. Interest shall be calculated on the basis of a 360-day year of 12 equal months. Interest on this Note shall be paid in Federal Reserve funds on (a) the fifth Business Day next preceding May 1 and November 1, commencing November 1, 2020, (b) each Mandatory Tender Date, (c) the Maturity Date, and (d) the date of acceleration of the Bonds (the"Interest Payment Dates"). This Note has been executed and delivered by the Borrower to the Trustee pursuant to a certain Loan Agreement (the "Agreement") dated as of April 1, 2020, between the City of South Bend, Indiana (the "Issuer") and the Borrower. Terms used but not defined herein shall have the meanings ascribed to such terms in the Agreement and the Indenture, as defined below. Under the Agreement, the Issuer has loaned the Borrower the principal proceeds received from the sale of the Issuer's $4,100,000 Multifamily Housing Revenue Bonds, Series 2020A (Cedar Glen Apartments Project) dated as of April 1, 2020 (the "Bonds") to assist in the financing of the Project (as defined in the Agreement), and the Borrower has agreed to repay such loan by making payments ("Loan Payments") at the times and in the amounts set forth in this Note for application to the payment of Bond Service Charges on the Bonds as and when due. The Bonds have been issued, concurrently with the execution and delivery of this Note, pursuant to, and are secured by, the Trust Indenture (the "Indenture"), dated as of April 1, 2020, between the Issuer and the Trustee. To provide funds to pay the principal of and interest on the Bonds as and when due as specified herein, the Borrower hereby a ees to and shall make Loan Payments in Federal Reserve funds on the 5th Business Day immediately preceding each Interest Payment Date in an amount equal to the Bond Service Charges on the Bonds payable on the next succeeding Interest Payment Date. In addition, to provide funds to pay the Bond Service Charges on the Bonds as and when due at any other time, the Borrower hereby agrees to and shall make Loan Payments in A-1