Approving Revenue Bonds Ridgedale Nursing Home

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Section 6.3: The City, the Commission, and the Lessee covenant that they will cause this Indenture and any financing statements and continuation statements required by the Uniform Commerical Code in respect thereof to be filed, registered, and recorded as providcd by law, and shall provide for the continuation and perfection of security interests in Real property and the Leased Premises. The City, the Commission, and the Lessee shall perform, or cause to be performed, any other act as provide by law, and will execute, or cause to be executed, any and all further instruments that shall reasonably be requested by the Trustee for such protection of title and for the protection of the Bondholders as to the security of the Real Property and the Leased Promises, collateralizing the repayment and redemption of said Bonds and the interest due thereon. Section 6.4: The City, the Commission, and the Lessee further agree that in the event of any default whereby the Trustee deems it advisable and proper to have a receiver appointed for the Real Property and the Leased Premises, the City, the Commission, and the Lessee will join with the Trustee in agreeing to the appointment of a receiver to take over the operation of the said facility. Section 6.5: The City and the Commission agree that the Trustee shall be entitled to reasonable compensation for its services, and will reimburse and save harmless the Trustee from and against all expenses, liabilities, and damages incurred by the Trustee in connection with the execution of the trusts and powers hereunder, except expenses, liabilities, and damages which arise from the Trustee's own default or. negligence. Section 6.6: The City and the Commission covenant and agree that they are duly authorized under the laws of the State of Indiana and under all other applicable divisions of law to create and issue the Bonds, to execute and deliver this Indenture of Trust, and to mortgage the Leased Premises and to execute security agreements covering the equipmont, furnishings, and fixtures for and in the Facility. 1 -o-n -62-7: The City, the and the Lessee shill do and perform all matte.,, or thin;, nocessnry or expedlunt to be dote or porformed by reason or any lam Of the UNLY SMas of A'SACP or of tho State of Indiana for the purpose oi credLing, portorning, and mainvaining the Trust hereby created, any - 10 -