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200510854 Payment Date Amount Due April 25, 2014 29,912.50 October 25,2014 814,912.50 April 25, 2015 15,390.00 October 25, 2015 825,390.00 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 City 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 V. Declaration of Third Party Beneficiarv. The parties hereto hereby expressly agree that the contractor under the Construction Contract is and is hereby declared to be a third party beneficiary of the provisions set forth in Section 4.03 of Article IV of the Original Lease Purchase Agreement. Section VI. Amendments to Lease Purchase A2reement as Amended bv Addendum. The Lease Purchase Agreement as amended by this Addendum may be amended only in accordance with the terms ofthe Indenture. Section VII. Assienment of Pavments~ Obli!mtions of City Unconditional. Under the Indenture the Payments have been assigned on an absolute and unconditional basis in order to effect the payment of principal and interest on the Bonds. The City hereby agrees that no amendment reducing the amount of the Payments or extending the time of payment thereof shall be made without the consent of the registered owners of each of the Bonds affected thereby. The Payments may be reduced in the event of any refunding of the Bonds, provided that no such reduction shall take effect so long as any of the Bonds remain outstanding under the terms of the Indenture. The City hereby agrees that the Trustee shall have the right to enforce any and all of its obligations with respect to the Payments under the Original Lease Purchase Agreement as amended by this Addendum. Section VIII. Payment for Rebates to the United States. In addition to the additional payments provided for in paragraph 2.02 of the Original Lease Purchase Agreement, the City agrees that it will make payment, as an additional payment due under the Agreement, of all amounts due to the Rebate Fund in order for the Bonds to comply with the requirements of Section I 48(f) of the Code. Section IX. Amendments to Terms of Original Lease Purchase Agreement. The following amendments to the terms of the Original Lease Purchase Agreement are hereby made and agreed to by the City and the Corporation: 3