Approving Issuance of Bonds of the South Bend Redevelopment District

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If the Commission shall desire to obtain any such consent, it shall cause the Registrar to mail a notice, postage prepaid, to the addresses appearing on the Registration Record. Such notice shall briefly set forth the nature of the proposed supplemental resolution and shall state that a copy thereof is on file at the office of the Registrar for inspection by all owners of the 2014 Bonds. The Registrar shall not, however, be subject to any liability to any owners of the 2014 Bonds by reason of its failure to mail such notice, and any such failure shall not affect the validity of such supplemental resolution when consented to and approved as herein provided. Whenever at any time within one year after the date of the mailing of such notice, the Commission shall receive any instrument or instruments purporting to be executed by the owners of the 2014 Bonds of not less than sixty -six and two - thirds per cent (66 -2/3 %) in aggregate principal amount of the 2014 Bonds then outstanding, which instrument or instruments shall refer to the proposed supplemental resolution described in such notice, and shall specifically consent to and approve the adoption thereof in substantially the form of the copy thereof referred to in such notice as on file with the Registrar, thereupon, but not otherwise, the Commission may adopt such supplemental resolution in substantially such form, without liability or responsibility to any owners of the 2014 Bonds, whether or not such owners shall have consented thereto. No owner of any 2014 Bond shall have any right to object to the adoption of such supplemental resolution or to object to any of the terms and provisions contained therein or the operation thereof, or in any manner to question the propriety of the adoption thereof, or to enjoin or restrain the Commission or its officers from adopting the same, or from taking any action pursuant to the provisions thereof. Upon the adoption of any supplemental resolution pursuant to the provisions of this section, this resolution shall be, and shall be deemed, modified and amended in accordance therewith, and the respective rights, duties and obligations under this resolution of the Commission and the City and all owners of 2014 Bonds then outstanding shall thereafter be determined, exercised and enforced in accordance with this resolution, subject in all respects to such modifications and amendments. Notwithstanding anything contained in the foregoing provisions of this resolution, the rights, duties and obligations of the Commission and the City and of the owners of the 2014 Bonds, and the terms and provisions of the 2014 Bonds and this resolution, or any supplemental resolution, may be modified or amended in any respect with the consent of the Commission and the consent of the owners of all the 2014 Bonds then outstanding. Without notice to or consent of the owners of the 2014 Bonds, the Commission may from time to time and at any time, adopt such inconsistent with the terms and provisions thereafter form a part hereof), resolutions supplemental hereto as shall not be hereof (which supplemental resolutions shall (a) To -cure any ambiguity or formal defect or omission in this resolution or in any supplemental resolution; or (b) To grant to or confer upon the owners of the 2014 Bonds any additional rights, remedies, powers, authority or security that may lawfully be granted to or confer-red upon the owners of the 2014 Bonds; or W1