2001-52 AUTHORIZING AND APPROVING THE CURRENT REFUNDING

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"Series 2001 Indenture" means that certain Bond Trust Indenture dated as of July l, 2001 between the Authority and the Series 2001 Trustee, as it may from time to time be amended or supplemented. I "Series 2001 Loan Agreement"means that certain Loan Agreement dated as of July 1, 2001 � between the Corporation and the Authority. ' "Series 2001 Trustee"means The First National Bank of Decatur,or any successor thereto under the Series 2001 Indenture. "Tax Exemption Agreement"means the Tax Exemption Agreement dated July_,2001 among the Authority, the Series 2001 Trustee and the Corporation. "United States Government Obligations" means (i)noncallable direct obligations of, or(ii) obligations the timely payment of the principal of and interest on which is fully guaranteed by,the United States of America,including without limitation the interest component of obligations issued by the Resolution Funding Corporation,and including in either case obligarions issued or held in book entry form on the books of the Department of the Treasury of the United States of America. • ARTICLE II THE CURRENT REFUNDING OF THE OUTSTANDING SERIES 1991A BONDS SecNon 201. The Authority will issue the Series 2001 Bonds and will apply a portion of the proceeds of the sale of the Series 2001 Bonds in accordance with Section 301 of the Series 2001 Indenture and this Second Supplemental Indenture. There is hereby established with the Series 1991 Trustee the Securities Trust Fund,to be held by the Series 1991 Trustee. Pursuant to the provisions of Section 301 of the Series 2001 Indenture,a portion of the proceeds of the sale of the Series 2001 Bonds in the amount of$ will be transferred to the Series 1991 Trustee for the account of the Municipality, and together with cash in the amount of $ transferred from the Series 1991 �Funds],shall be deposited in the Securities Trust Fund. The Series 1991 Trustee shall use the funds on deposit in the Securiries Trust Fund to purchase the Government Securities described on Ezhibit A attached hereto and shall leave$ in uninvested cash. Any amounts becoming available to the Series 1991 Trustee from earnings on the Series 1991 Interest Fund or Series 1991 Bond Sinking Fund representing accrued but unpaid interest on amounts on deposit in such funds and not required to be deposited in the Securities Trust Fund as aforesaid shall be paid by the Series 1991 Trustee to the Series 2001 Trustee and applied under the Series 2001 Indenture to pay interest on the Series 2001 Bonds. CH: 1169678v I os�s�9-oios2s 4 '