8448-93 Authorizing City of South Bend Economic Development Revenue Refunding Bonds (First Bank Center Project) $8,030,384.77

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Section 406. List of Bondholders. The Issuer will keep on file at the principal office of the Trustee a list of names and addresses of the registered owners of all Bonds. At reasonable times and under reasonable regulations established by the Trustee, said list may be inspected and copied by the Borrower or by owners (or a designated representative thereof) of ten percent in principal amount of Bonds then outstanding, such ownership and the authority of any such designated representative to be evidenced to the satisfaction of the Trustee. Section 407. Rights under Loan Agreement. The Loan Agreement, a duly executed counterpart of which has been filed with the Trustee, sets forth the covenants and obligations of the Issuer and the Borrower, including provisions that subsequent to the initial issuance of Bonds and prior to their payment in full or provision for payment thereof in accordance with the provisions hereof, the Loan Agreement and the Note may not be effectively amended, changed, modified, altered or terminated (other than as provided therein) without the concurring written consent of the Trustee and, in certain cases, the Bondholders as provided in Sections 1202 and 1203 hereof, and reference is hereby made to the Loan Agreement and the Note for a detailed statement of said covenants and obligations of the Borrower under the Loan Agreement and the Note, and the Issuer agrees that the Trustee in its name or in the name of the Issuer may enforce all rights of the Issuer and all obligations of the Borrower under and pursuant to the Loan Agreement and the Note for and on behalf of the Bondholders, whether or not the Issuer is in default hereunder. ARTICLE V BOND FUND Section 501. Source of Payment of Bonds. The Bonds herein authorized and all payments by the Issuer hereunder are not general obligations of the Issuer but are limited obligations payable solely from the Revenues and as authorized by the Act and provided herein. The Bonds are secured as provided herein. Section 502. Creation of the Bond Fund; Restoration Fund. There is hereby created by the Issuer and ordered established with the Trustee a trust fund to be designated "City of South Bend, Indiana, Economic Development Revenue Refunding Bonds (First Bank Center Project) Bond Fund" which shall be used to pay the principal of, premium, if any, and interest on the Bonds and the Taxable Note on a pari passu basis. There is also hereby created by the Issuer and ordered established with the Trustee a trust fund, to be a subaccount of the Bond Fund, designated the "Restoration Fund" which may be used to either (i) prepay the principal of, premium, if any, and interest on Bonds and the Taxable Note on a pari passu basis or (ii) pay for restoration of the premises (as defined in the Mortgage) in accordance with the terms of Sections 1.05 and 1.14 of the Mortgage. Section 503. Payments into the Bond Fund. There shall be deposited into the Bond Fund, as and when received: -22-