14-20 Cedar Glen Bond Ordinance Addendums

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The Underwriter does not guarantee a secondary market for the Bonds and is not obligated to make any such market in the Bonds. No assurance can be made that such a market will develop or continue. Consequently, investors may not be able to resell Bonds should they need or wish to do so for emergency or other purposes. RATING It is a condition to the Underwriter's acceptance of the Bonds on the Closing Date that Moody's has assigned a rating of "MIG-1" to the Bonds up to the Initial Mandatory Tender Date. The rating reflects only the view of Moody's at the time the rating was issued and an explanation of the significance of such rating may be obtained from Moody's. The rating is not a recommendation to buy, sell or hold the Bonds. There is no assurance that any such rating will continue for any given period of time or that it will not be revised downward or withdrawn entirely by such rating agency if, in its judgment, circumstances so warrant. Any such downward revision or withdrawal of such rating can be expected to have an adverse effect on the market price of the Bonds. CERTAIN LEGAL MATTERS Certain legal matters relating to the authorization and validity of the Bonds will be subject to the approving opinion of Faegre Drinker Biddle & Reath LLP, Bond Counsel. Certain legal matters will be passed upon for the Underwriter by its counsel, Squire Patton Boggs (US) LLP, Cleveland, Ohio, and for the Borrower by its counsel, Kuhl & Grant, LLP. Compensation for certain of such counsel is contingent upon the issuance of the Bonds. ABSENCE OF LITIGATION It is a condition to the Underwriter's acceptance of the Bonds on the Closing Date that the Issuer and the Borrower deliver a certificate to the effect that, with regard to the Issuer, that its principal executive officer has received no notice of legal proceedings pending or threatened as described herein, - and to the Borrower's knowledge, there are no legal proceedings pending or threatened to restrain or enjoin the issuance, sale or delivery of the Bonds or the payment,collection or application of the proceeds thereof or of the revenues and other money and securities pledged or to be pledged under the Indenture or in any way contesting or affecting any authority for or the validity of the Bonds or the Indenture. CONTINUING DISCLOSURE The Borrower has undertaken responsibility for any continuing disclosure to Bondholders as described below, and the Issuer will have no liability to the Holders of the Bonds or any other person with respect to such disclosures. The Borrower will undertake, pursuant to the Continuing Disclosure Agreement by and between the Borrower and the Trustee(the"Continuing Disclosure Agreement"),to comply with the provisions of Rule 15c2-12 (the"Rule"), promulgated by the U.S. Securities and Exchange Commission, by providing certain financial information and operating data relating to the Project and event notices required by the Rule. See Appendix C for the proposed form of the Continuing Disclosure Agreement. In the event of any failure by the Borrower to provide the required continuing disclosure with respect to the Project or the Bonds, any Bondholder may bring an action seeking specific performance of the Borrower's obligations to provide continuing disclosure. No assurance can be given as to the outcome of any such proceeding. -32 -