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CS __ e r. z N �� rn N 0 c\ ...rte RECITALS FOURTH ADDENDUM TO LEASE PURCHASE AGREEMENT co ry This Fourth Addendum to Lease Purchase Agreement (this "Fourth Addendum ") is executed and delivered as of the 5th day of April, 2017 by and between the CITY OF GRAND ISLAND, NEBRASKA, a city of the first class of the State of Nebraska (the "City ") and FONNER PARK EXPOSITION AND EVENTS CENTER, INC., a Nebraska nonprofit corporation (the "Corporation "). WHEREAS, the City and the Corporation have entered into a Lease Purchase Agreement dated October 9, 2001 (the "Original Lease Purchase Agreement ") which has been modified and amended by an Addendum to Lease Purchase Agreement dated August 26, 2003 also by and between said parties (the "First Addendum ") and which has been further modified and amended by a Second Addendum to Lease Purchase Agreement dated December 1, 2004 also by and between said parties (the "Second Addendum ") and which has been further modified and amended by a Third Addendum to Lease Purchase Agreement dated September 1, 2011 also by and between said parties (the "Third Addendum" and, together with the Original Lease Purchase Agreement, the First Addendum and the Second Addendum, the "Existing Lease Purchase Agreement ") all relating to the planning, designing, constructing and financing of an agricultural exposition and events center which the City proposes to lease and acquire for the benefit of the City and its inhabitants in accordance with the authorization provided for in Section 19 -2421, R.R.S. Neb. 2013, as amended; WHEREAS, the Corporation is concurrently entering into a Trust Indenture and Security Agreement dated as of April 5, 2017 (the "Indenture ") with BOKF, National Association, as trustee (the "Bond Trustee ") under which the Corporation is issuing, on behalf of the City, the Corporation's Refunding Building Bonds (Heartland Events Center Project), Series 2017, in the principal amount of Three Million Seven Hundred Twenty -eight Thousand Six Hundred Eighty -one Dollars ($3,728,681) (the "Bonds "); WHEREAS, in connection with the issuance of the Bonds, it is necessary and advisable for the City and the Corporation to amend and modify the Lease Purchase Agreement to include certain provisions for the benefit of the registered and beneficial owners of the Bonds;