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 902. Acceleration. Upon the occurrence of an event of default the Trustee shall, upon the written request of Allstate, if and so long as Allstate is a holder of any Bonds, and otherwise the holders of a majority in aggregate principal amount of Bonds then outstanding shall, by notice in writing delivered to the Issuer, declare the principal of all Bonds then outstanding and the interest accrued thereon immediately due and payable, and such principal and interest shall thereupon become and be immediately due and payable. Upon any declaration of acceleration hereunder the Issuer and the Trustee shall declare the entire unpaid principal amount of the Note to be immediately due and payable in accordance with Section 6.2 of the Loan Agreement. Section 903. Remedies; Rights of Bondholders. Upon the occurrence of an Event of Default, if requested to do so by Allstate, if and so long as Allstate is the holder of any Bonds, and otherwise by the holders of a majority in aggregate principal amount of the Bonds then outstanding, the Trustee will pursue any available remedy by suit at law or in equity to enforce the payment of the principal of, premium, if any, and interest on the Bonds then outstanding, and will give any notices, if any, required to be given to the Borrower in Section 6.1 of the Loan Agreement or Section 4.01 of the Mortgage or Section 901 or Section 910 hereof. No remedy by the terms of this Indenture conferred upon or reserved to the Trustee (or to the Bondholders) is intended to be exclusive of any other remedy, but each and every such remedy shall be cumulative and, subject to Section 907 hereof, shall be in addition to any other remedy given to the Trustee or to the Bondholders hereunder or now or hereafter existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any default or event of default shall impair any such right or power or shall be construed to be a waiver of any such default or event of default or acquiescence therein; and every such right and power may be exercised from time to time and as often as may be deemed expedient. No waiver of any default or event of default hereunder, whether by the Trustee or by the Bondholders, shall extend to or shall affect any subsequent default or event of default or shall impair any rights or remedies consequent thereon. Section 904. Right of Bondholders to Direct Proceedings. Anything in this Indenture to the contrary notwithstanding, Allstate, if and so long as Allstate is the holder of any Bonds, and otherwise the holders of a majority in aggregate principal amount of Bonds then outstanding shall have the right, at any time, by an instrument or instruments in writing executed and delivered to the Trustee, to direct the time, the method and place of conducting all proceedings to be taken in connection with the enforcement of the terms and conditions of this Indenture, or for the appointment of a receiver or any other proceedings hereunder; provided that such direction shall not be otherwise than in accordance with the provisions of law and of this Indenture. Section 905. Application of Moneys. (a) Moneys Other Than from the Mortgage and the Assignment of Lease. All moneys received by the Trustee (except for any moneys -27-