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THIS TRUST INDENTURE (the "Indenture"), dated as of June . 1, 1994, between the SOUTH BEND REDEVELOPMENT AUTHORITY, a public body, corporate and politic duly organized and validly existing under the laws of the State of Indiana (the "Authority"), and NORWEST BANK INDIANA, N.A., a national banking association,. as trustee (the "Trustee"), duly established, existing and authorized to accept and execute trusts of the character herein set out under and by virtue of the laws of the United States, with its principal corporate trust office, at South Bend, Indiana. WITNESSETH: WHEREAS, pursuant to the Indiana Code 36-7-14.5 (the "Act"), the Authority is authorized and empowered to issue its lease rental revenue bonds for the purpose of defraying the cost of constructing and equipping local public improvements for lease to the South Bend Redevelopment Commission; and WHEREAS, to accomplish the purposes of the Act the Authority has determined to (a) construct and equip a college football hall of fame (the "Project"); (b) pay certain expenses incurred in connection with the issuance of the Bonds (as hereinafter defined); and (c) pay a portion of interest to accrue on the Bonds during the period of construction of the Project and to fund certain reserves for the Bonds all as permitted under the Act; and WHEREAS, the Authority is authorized under the Act to issue its lease rental revenue bonds for the purposes aforesaid and the Authority has determined that the public interest will be best served and that the purposes of the Act can be more advantageously obtained by the Authority's issuance of bonds in order to obtain funds for the foregoing purposes; and WHEREAS, the execution and delivery of this Indenture and the issuance of the Bonds under the Act have been in all respects duly and validly authorized by a resolution duly passed and approved by the Authority; and WHEREAS, it has been determined that in order to accomplish such purposes the Authority will issue $ in aggregate principal amount of its Variable Rate Demand Lease Rental Revenue Bonds of 1994 (College Football Hall of Fame Project), to be issued under this Indenture (the "Bonds"); and WHEREAS, the Authority will lease the Project to the South Bend Redevelopment Commission (the "Commission) pursuant to a Lease dated as of November 1, 1993, as amended on June 3, 1994, and as further amended on June , 1994 (the "Lease"), between the Commission and the Authority, pursuant to which the Commission covenants to make the lease rental payments as provided in the Lease; and