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Pa ment Date I August 15, 2032 j February 15, 2033 August 15, 2033 February 15, 2034 2009C Pa ments I 2013 Payments I Total Due 9,270.00 I 16,350.00 j 25,620.00 184,270.00 556,350.00 I 740,620.00 4,763.75 I 8,250.00 I 13,013.75 (01304663 189,763.75 ! 558,250.00 748,013.75 All such payments (the "Payments ") shall be made without abatement or set -off and without regard to whether the Project has been completed and occupied. The College shall have the right to make prepayment of the Payments at any time and to cause such prepayments to be applied to the early redemption and/or satisfaction of the Bonds. Any amount of the Payments not required for the payment of principal and interest on the Bonds or the redemption and/or satisfaction thereof shall be considered satisfied in full upon any payment or redemption and/or satisfaction in full of the Bonds. Section IV. Deposit of Proceeds. The Corporation shall cause the net sale proceeds of the 2013 Bonds, including the full amount of accrued interest, if any, to be deposited in the 2013 Escrow Fund (as established in the Third Supplemental Indenture) and the 2013 Construction Fund (as established in the Third Supplemental Indenture) and applied to defease the Refunded Bonds and to pay costs of issuance on the 2013 Bonds, as more specifically provided in Article V of the Third Supplemental Indenture. Section V. Continuing Disclosure. In accordance with the requirements of Rule 15c2- 12 promulgated by the Securities and Exchange Commission, the College hereby agrees that it will provide continuing disclosure for the Bonds as required by the College's Omnibus Continuing Disclosure Undertaking, as amended. Section VI. Tax Levy. The College covenants that the rentals payable under the Lease Purchase Agreement do not exceed any limitation imposed by law. Until the Bonds and interest thereon are fully paid, the College covenants and agrees to make and continue to make for so long as permitted by law an annual levy on all the taxable property within its geographical area pursuant to Section 85 -1517, R.S.Supp. 2012, which will be sufficient, along with any other funds available for the purpose, to enable the College to pay all basic and additional rent as and when the same become due, and to take all action required to provide funds to make rental payments as herein required. The College hereby covenants and warrants with respect to the capital improvement and bond sinking fund as established under Section 85 -1515, R.R.S. Neb. 2008, that (a) it has no assumed or issued general obligation bonds outstanding payable from such fund; (b) that in each budget year it will provide for the purposes and programs described and referred to in Section 85 -1515 (2)(a), (2)(b) and (2)(c), R.R.S. Neb. 2008, in such manner as to leave remaining in each budget year available tax levy monies from the tax levy permitted under Section 85 -1517, R.S.Supp. 2012, amounts sufficient to pay all amounts due under the Lease Purchase Agreement (including lease - purchase rentals and all other required payments) as the same fall due; (c) that the College has and will have no other obligations outstanding, bonded or otherwise, for purchasing or purchasing on contract or for constructing or improving facilities during the term of the Lease Purchase Agreement which would cause the tax levy amounts required to be available for payments due under the Lease Purchase Agreement to be insufficient