Regarding Issurance of economic development revenue refunding bonds Regency Place Project

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(6) Certified copies of the Regulatory Agreement, Servicing Agreement and FHA insurance; (7) [Copies of the executed Tender Option Documents]; and (8) Such other documents, certificates and opinions of counsel as the Issuer and Bond Counsel have advised the Trustee that they have reasonably requested. Section 203. Execution. The Bonds shall be executed on behalf of the Issuer by the manual or facsimile signature of the [President]of the Issuer Council of the Issuer, attested by the manual or facsimile signature of the [Clerk-Treasurer or Assistant Clerk-Treasurer] of the Issuer under the corporate seal, or facsimile thereof, of the Issuer. Any facsimile signatures shall have the same force and effect as if said officers had manually signed the Bonds. Any reproduction of the official seal of the Issuer on the Bonds shall have the same force and effect as if the official seal of the Issuer had been impressed on the Bonds. In case any officer whose signature or facsimile of whose signature shall appear on any Bonds shall cease to be such officer before the delivery of such Bonds, such signature or such facsimile shall nevertheless be valid and sufficient for all purposes as if he had remained in office until delivery. Section 204. Authentication. Only such Bonds as shall have endorsed thereon a certificate of authentication substantially in the form set forth in Exhibit A hereto, as applicable, duly executed by the Trustee shall be entitled to any right or benefit under this Indenture. No Bond shall be valid or obligatory for any purpose unless and until such certificate of authentication shall have been duly executed by the Trustee, and such executed certificate upon any such Bond shall be conclusive evidence that such Bond has been authenticated and delivered under this Indenture. The Trustee's certificate of authentication on any Bond shall be deemed to have been executed by it if signed by an authorized representative of the Trustee, but it shall not be necessary that the same person sign the certificate of authentication on all the Bonds. Section 205. Mutilated. Lost, Stolen or Destroyed Bonds. In the event any Bond is mutilated, lost, stolen or destroyed, the Issuer may execute and the Trustee may authenticate and deliver a new Bond in lieu of such mutilated, lost, stolen or destroyed Bond, of like maturity and denomination as that mutilated, lost, stolen or destroyed. Any mutilated Bond shall first be surrendered to the Issuer, and in the case of any lost, stolen or destroyed Bond, there shall first be furnished to the Trustee by the person in whose name the Bond is registered evidence of such loss, theft or destruction satisfactory to it together with indemnity satisfactory to it. In the event any such Bond shall have matured, instead of issuing a duplicate Bond, upon the furnishing of evidence of such loss, theft or destruction together with indemnity satisfactory to it, by the person in whose name such Bond is registered, the Trustee may pay the same without surrender 3152.1 14