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2014 Refunding (i.e., the R-5 Bonds) were previously designated by the <br /> Corporation in 2010 as "Qualified Tax-Exempt Obligations" Pursuant to and as <br /> defined in Section 265(b)(3) of the Code and were deemed designated by the Issuer <br /> as part of the 2012 Refunding. In accordance with Section 265(b) of the Code, the <br /> Reregistered Series 2010 Bonds will not be taken into account in determining <br /> whether the Issuer is a "qualified small issuer" in 2014 under Section 265(b)(3)(C) <br /> of the Code or taken into account in determining the limitation on amounts of <br /> obligations or loans which may be designated by the Issuer in 014 as "Qualified <br /> Tax-Exempt Obligations" under Section 265(b)(3)(D)(i) of the (ode. The portion <br /> of the Reregistered Series 2010 Bonds that constitute the 2014 kefunding (i.e., the <br /> R-4 bonds) are deemed designated as "Qualified Tax-Exempt Obligations"pursuant <br /> to Section 265(b)(3)(D)(ii) of the Code because (i) the amount of the portion of the <br /> Reregistered Series 2010 Bonds that constitute the 2014 Refunding does not exceed <br /> the outstanding amount of the portion of the Series 2010 Bds it is currently <br /> refunding, (ii) the average maturity date of the portion of the 7eregistered Series <br /> 2010 Bonds that constitute the 2014 Refunding is not late than the average <br /> maturity date of the Series 2010 Bonds to be currently refunded by the portion of <br /> the Reregistered Series 2010 Bonds that constitute the 2014 Refunding, and (iii) the <br /> portion of the Reregistered Series 2010 Bonds that constitute the 2014 Refunding <br /> have a maturity date which is not later than the date which is 301years after the date <br /> the Series 2010 Bonds were originally issued. <br /> 4. All other terms and conditions of the Tax Exemption Agri ement not hereby <br /> amended shall remain in full force and effect. This Amendment to Tax Exemption <br /> Agreement shall be appended to the Tax Exemption Agreement and become a part <br /> thereof. <br /> [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] <br /> 4 <br />