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� �� �� � N � m � � �� W W � � � � �� � � � .. , � . � 7 � � � C a'9 Z � � � � 2 g�� M �� � _ � (Trustee's Original) � � � � � � � � � � �, T { � { °, o r• �, � � rn �__. cc� :n -D n � �� o �L-.� � �: o �, ` � m � o s W u> S SECOND ADDENDUM TO LEASE PURCHASE AGREEMENT cz cn o --i c � z � m �o o � � � = m D � r � r z> � � D �.. �. Gn � This Second Addendum to Lease Purchase Agreement (the "Second Addendum") is dated as of the first day of May, 2011 by and between the CITY OF GRAND ISLAND, NEBRASKA, a city of the first class of the Sta.te of Nebraska ("City") and GRAND ISLAND FACILITIES CORPORATION, a Nebraska nonprofit corporation (the "Corporation"). RECITALS WHEREAS, the City and the Corporation have entered into a Lease Purchase Agreement dated as of Ju1y 12, 2005 (the "Original Lease Purchase Agreement") relating to the construction and acquisition of a library addition located on and with respect to the real estate described in E�ibit "A" hereto attached which the City proposed to lease and acquire for the benefit of the City and its inhabitants in accorda.nce with the authoriza.tion provided for in Section 19-2421, R.R.S. Neb. 2007, as amended; WHEREAS, Corporation has entered into a Trust Indenture and Security Agreement dated as of October 1, 2005, with Wells Fazgo Bank, National Association, as trustee (the "Trustee") under which the Corporation issued, on behalf of the City, the Corporation's Building Bonds (Library Project), Series 2005, in the original principal amount of Seven Million Dollazs ($7,000,000) (the "2005 Bonds"); WHEREAS, the City and the Corporation have entered into an Addendum to Lease Purchase Agreement dated as of October 1, 2005 (the "First Addendum"), which First Addendum finalized certain terms of the Original Lease Purchase Agreement relating to the issuance of the 2005 Bonds; WHEREAS, Corporation has entered into a Trust Indenture and Security Agreement dated as of May 1, 2011 (the "Indenture") �vith Wells Fargo Bank, National Association, as trustee (the "Trustee") under which the Corporation is issuing, on behalf of the City, the Corporation's Refunding Building Bonds (Library Project), Series 2011, in the principal amount of Three Million Seven Hundred Ninety-five Thousand Dollars ($3,795,000) (the "2011 Bonds") for the purpose of refunding the outstanding 2005 Bonds; O N 0 f --► � 0 C.�J -�] � CD s v ��a WHEREAS, in connection with the issuance of the 2011 Bonds, it is necessary and advisable for the City and the Corporation to enter into this Second Addendum of the Lease Purchase Agreement in order to modify certain provisions related to the 2011 Bonds;