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ARTICLE I Modification of Terms of Original Indenture Section 1.01. Article IV of the Original Indenture is hereby amended to include the following Section 408. "Section 408. Mandatory Redemption with Excess Original Proceeds After Completion Date. The Original Bonds shall be subject to redempt ion pr ior to maturity, in the amounts provided below, as a result of a deposit of Original Proceeds, in accordance with Subsections (d) and (e) of Section 3.3 of the Agreement, in the separate escrow account of the Debt Service Fund created by Section 602 of the Indenture. Within 10 days of any such deposit, the Trustee shall notify the User and the Corporation in writing of the principal amount of Original Bonds to be redeemed, which amount shall be (i) equal to the amount of Original Proceeds so deposited in the separate escrow account, unless such amount is not an integral multiple of $5,000, in which event the principal amount of Original Bonds to be redeemed shall be in the amount of the deposit rounded upward to the nearest multiple of $5,000, and (ii) notwithstanding the provisions of Section 407 of this Indenture to the contrary, be allocated pro rata to each outstanding maturity of Original Bonds. Redemption under this Section shall be at a redemption price equal to the unpaid principal amount of the Original Bonds being redeemed plus accrued interest, subject to the restriction of Section 602 of the Indenture to the redemption date (and, if the redemption date is other than an interest payment date, interest shall be calculated on the basis of a 360-day year), without premium, and may occur, subject to the limitations of Section 405 of this Indenture, on any date selected by the User; provided, however, if redemption of the specified amount of the Original Bonds at the redemption price and within the redemption period specified above would result in the payment of an amount of interest on the Original Bonds or interest on the Note (including, without limitation, interest on the Note pursuant to Section 4.1 of the Agreement together with any other costs that constitute inter- est under the applicable laws of the State which are contracted for, charged or received pursuant to the Agreement) which would result in the payment of interest at a rate in excess of the maximum rate of nonusurious interest allowable under the applicable laws of the State or applicable federal law, then, notwithstanding the foregoing, the date or dates on which the redemption shall occur and the redemption price shall become due and payable shall be delayed by the User until the earliest Banking Day that will result in the payment of interest on the Bonds and interest on the -2-