Regarding Issurance of economic development revenue refunding bonds Regency Place Project

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(e) Whether or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section. (f) The Trustee shall not be required to furnish any bond or surety for the performance of its obligations hereunder. Section 702. Notice of Default. Within 90 days after the Trustee is deemed to have notice under Section 703(j) of any default hereunder, the Trustee shall transmit by registered or certified mail, to the holders of all Bonds then Outstanding, notice of such default hereunder known to the Trustee, unless such default shall have been cured or waived; provided, however, that, except in the case of a default in the payment of the principal of (or premium, if any) or interest on any Bond when due, the Trustee shall be protected in withholding such notice if and so long as the Trustee in good faith determines that the withholding of such notice is in the interests of the holders of the Bonds. For the purpose of this Section, the term "default" means any event that is, or after notice or lapse of time or both would become, an event of default. Section 703. Certain Rights of Trustee. Except as otherwise provided in Section 1001: (a) the Trustee may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties; (b) any request or order of the Issuer shall be sufficiently evidenced by a request or an order signed by an authorized representative of the Issuer and any resolution of the Issuer may be sufficiently evidenced by a certificate of the President of the Board of Trustees of the Issuer; (c) any notice, request, direction, election, order or demand of the Developer mentioned herein shall be sufficiently evidenced by an instrument purporting to be signed in the name of the Developer by any general partner of the Developer (unless other evidence in respect thereof be herein specifically prescribed); (d) whenever in the administration of this Indenture the Trustee shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith on its part, rely upon a certificate signed by an authorized representative of the Issuer; (e) the Trustee may consult with counsel, architects and engineers and other experts, and the written advice of such counsel, architects or engineers and other experts 2975.1 45