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<br />e
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<br />(b) the price of the Securities expressed as a percentage of par amount of the Securities;
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<br />(c) the principal amount of Securities to be redeemed, and, if less than all outstanding Securities are to be
<br />redeemed, the identification (and, in case of partial redemption, the principal amounts) of the Securities to be
<br />redeemed;
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<br />(d) that on the date of redemption the principal of each of the Securities to be redeemed will become due
<br />and payable and that the interest thereon shall cease to accrue from and after said date; and
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<br />(e) that the Securities to be redeemed are to be surrendered for payment of the price stated in the notice of
<br />redemption at the designated principal payment office of the Bank, and the address of such office.
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<br />The Bank shall, at the expense of the Issuer, provide notice to designated securities depositories and
<br />information services based upon the then current guidelines of the Securities and Exchange Commission relating to
<br />redemptions and refundings of municipal bonds, including the Securities. The Bank, at the expense of the Issuer,
<br />shall also provide notice to any other addressees as the Issuer shall designate in writing.
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<br />ARTICLE V. THE BANK
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<br />Section 5.01. Duties of Bank. The Bank undertakes to perform the duties set forth herein and agrees to
<br />use reasonable care in the performance thereof.
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<br />Section 5.02. Reliance on Documents. Etc. (a) The Bank may conclusively rely, as to the truth of the
<br />statements and correctness of the opinions expressed therein, on certificates or opinions furnished to the Bank.
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<br />(b) The Bank shaH not be liable for any error of judgment made in good faith by a Responsible Officer,
<br />unless it shaH be proved that the Bank was negligent in ascertaining the pertinent facts.
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<br />(c) No provisions of this Agreement shall require the Bank to expend or risk its own funds or otherwise
<br />incur any fmancial liability for performance of any of its duties hereunder, or in the exercise of any of its rights or
<br />powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity
<br />satisfactory to it against such risks or liability is not assured to it.
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<br />(d) The Bank may rely and shall be protected in acting or refraining from acting upon any resolution,
<br />certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, note, security, or
<br />other paper or document believed by it to be genuine and to have been signed or presented by the proper party or
<br />parties. Without limiting the generality of the foregoing statement, the Bank need not examine the ownership of any
<br />Securities, but is protected in acting upon receipt of Securities containing an endorsement or instruction of transfer
<br />or power of transfer which appears on its face to be signed by the Holder or an agent of the Holder. The Bank shall
<br />not be bound to make any investigation into the facts or matters stated in a resolution, certificate, statement,
<br />instrument, opinion, report, notice, request, direction, consent, order, bond, note, security, or other paper or
<br />document supplied by Issuer.
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<br />(e) The Bank may consult with counsel, and the written advice of such counselor any opinion of counsel
<br />shall be fuH and complete authorization and protection with respect to any action taken, suffered, or omitted by it
<br />hereunder in good faith and in reliance thereon.
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<br />(t) The Bank may exercise any of the powers hereunder and perform any duties hereunder either directly or
<br />by or through agents or attorneys of the Bank.
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<br />Section 5.03. Recitals of Issuer. The recitals contained herein with respect to the Issuer and in the
<br />Securities shall be taken as the statements of the Issuer, and the Bank assumes no responsibility for their correctness.
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<br />A-5
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