Indenture of Trust (1996) - Laserfiche WebLink

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(a) Federal Securities; (b)bonds, debentures, notes or other evidence of indebtedness issued or guaranteed by any of the following federal agencies and provided such obligations are backed by the full faith and credit of the United States of America (stripped securities are only permitted if they have been stripped by the agency itself): (i) certificates of beneficial ownership of the Farmers Home Administration; (ii) debentures of the Federal Housing Administration; (iii) participation certificates of the General Services Administration; (iv) guaranteed mortgage-backed bonds or guaranteed pass-through obligations (participation certificates) of the Government National Mortgage Association; (v) guaranteed Title XI financings of the U.S. Maritime Administration; and (vi) project notes and local authority bonds of the U.S. Department of Housing and Urban Development; (c) bonds, debentures,notes or other evidence of indebtedness issued or guaranteed by any of the following non-full faith and credit U.S. government agencies (stripped securities are only permitted if they have been stripped by the agency itself): (i) senior debt obligations (consolidated debt obligations) of the Federal Home Loan Bank System; (ii) participation certificates (mortgage-backed securities) of the Federal Home Loan Mortgage Corporation; (iii) mortgaged-backed securities and senior debt obligations of the Federal National Mortgage Association (excluding stripped mortgage securities which are valued greater than par on the portion of unpaid principal); (iv) senior debt obligations of the Student Loan Marketing Association; (v) obligations (but only the interest component of stripped obligations) of the Resolution Funding Corporation, and (v)consolidated systemwide bonds and notes of the Farm Credit System; (d) money market funds (including funds managed or advised by the trustee or its affiliates) registered under the Federal Investment Company Act of 1940, whose shares are registered under the Federal Securities Act of 1933,and having a rating by S&P of"AAAm-G," "AAAm" or "AAm" and, if rated by Moody's, having a rating by Moody's of"Aaa," "Aa1." or "Aa2"• (e) certificates of deposit secured at all times by collateral described in (a) or (b) above, which have a maturity of one year or less,which are issued by commercial banks, savings and loan associations or mutual savings banks whose short term obligations are rated "A-1+" or better by S&P and "Prime-1" by Moody's (such collateral must be held by a third party and Owners must have a perfected first security interest in such collateral; (f) certificates of deposit, savings accounts, deposit accounts or money market deposits which are fully insured by the Federal Deposit Insurance Corporation; (g)Investment agreements,including guaranteed investment contracts, acceptable to the Municipal Bond Insurer; (h) commercial paper rated, at the time of purchase, "Prime-1"by Moody's and "A-1+" or better by S&P; (i) bonds or notes issued by any state or municipality which are rated by Moody's and S&P in one of the two highest long term rating categories assigned by such agencies; (j) federal funds or bankers acceptances with a maximum term of one year of any bank which has an unsecured,uninsured and unguaranteed obligation rating of"Prime-1" or"A3" or better by Moody's and "A-1+" or better by S&P; 7