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wAPPPENDIX D <br /> FINANCIAL GUARANTY INSURANCE POLICY <br /> MBIA Insurance Corporation <br /> Armonk,New York 10504 <br /> Policy No.[NUMBER] <br /> MBIA Insurance Corporation (the "Insuremt"), in consideration of the payment of the premium and subject to the terms of this policy, hereby <br /> unconditionally and irrevocably guarantees to any owner,as hereinafter defined,of the following described obligations,the full and complete payment <br /> required to be made by or on behalf of the Issuer to[PAYING AGENT/IRUSIFE]or its successor(the'Paying Agent")of an amount equal to(i)the <br /> principal of(either at the stated maturity or by any advancement of maturity pursuant to a <br /> Obligations(as that term is defined below)as suchmandatory-(except <br /> that fund payment)o and interest eler on,do thef <br /> the due date of such payments shall become due but shall not be so paid(except in the event of any acceleration of <br /> Principal by reason of mandatory or optional redemption or acceleration resulting from default or otherwise, any <br /> advancement ofmat city pursuant to a mandatory sinking fund payment,the payments guaranteed hereby shall be made in suchother than c <br /> times as such payments of principal would have been due had there not beanamounts and at such <br /> which is subsequently recovered flan any owner pursuant to a final' anys mp and uri the ion that <br /> p of any such payment <br /> avSdable preference to such owner within meaningthe judgment by a court w. amountjurisdiction redion that s claim <br /> (i) .n an <br /> of any applicable unts," "Obligations" <br /> �., The" mean teC4fQ1 to in clauses n and()of the <br /> pteoedmgsautatceshall besefea.odUohaertntxtllectiveiyas the"InnredAmamts." ^Ob' "hgations shall mean: <br /> [LEGAL N MEOFLSSUE] <br /> Upon receipt oftelephonicatelegraphicnotice,such notice subsequently confirmed in <br /> writing notice by registered aartifiedman,by the.Insurer fomtheero try the acemtintoed fanI, s rupon edA ount of forWic <br /> is than due,that such required payment has not beengAgentamytxeofsuc payObligment <br /> within <br /> payment business Insured <br /> of such nonpayment,whichever is later,will make�the offimdson the duec datewith St Paymenta Bank <br /> andnn one sm day aftA, New o , <br /> New York,or its successor,sufficient for the funds,man account t with State Street due. Trust Company,NA,in New York, <br /> payment of any such Insured Amounts which are then due. Upon f such <br /> Obligations or presentment of such other proof of ownership of the Obligations,together with'any appropriate instruments of assignment to and=render oevidence <br /> 'ssignmmem of the Insured Amounts due on the Obligations as are paid by the Insurer,and appropriate instturnetts to effect the <br /> .er as agent for such owners ofthe Obligations in any legal proceeding related to payment of Insured Amounts on the Obligations,appointment of the <br /> being in a font satisfactory to State Street Bank and Trust Company,NA,State Street Bank and Trustras urse to s,such ihtowners, <br /> s, <br /> a the <br /> p e t of the Insured Amounts due on such Obligations,less any amount held Company,paing Agent for payment of such <br /> witnrtspecttoanyndli ly tnaBablethaefor Ihispolicy does not icume against loss of any prgxiyrmartptensitmtwhichmayatanytimebe payable <br /> �.. <br /> Alused <br /> herein <br /> Issuer,or any,designeethe tam <br /> of thew Issuer"shall <br /> mean the registatd owner of any Obligation as indicated in the bootee maintained by the Paying Agent,the <br /> �o e tarn owner shall not include the Issuer or any party whose agreanem with the Issuerconstitutes the underlying security for the Oblig <br /> Any service of process on the Insurer may be made to the Insurer at its offices located at 113 King Street,Armonk,New York 10504 and such service <br /> of process shall be valid and binding. <br /> This policy is non-cancellable for any reason. The premhmm on this policy is not refundable for any reason including the payment prior to maturity of <br /> the Obligations. <br /> In the <br /> e event <br /> tUmswe Ince sty nsurer were on, <br /> legitAssociati any <br /> y claims arising under a policy of financial guaranty insurance are excluded from coverage by the <br /> the California Insurance Code. 1mua51martttoAuticle 142(commencing with Section 1063)ofChapter I of Part 2ofDivision I of <br /> IN WITNESS WHEREOF,the Insurer has caused this policy to be executed in facsimile on its behalf by its duly authorized officers,this[DAY]day of <br /> [MONTH;YEAR]. <br /> MBIA Insurance Corporation <br /> PreaQp <br /> Attest: e A <br /> Assistant Secretary fr i/'A <br /> STD-R-CA.6 C <br /> 495 <br /> D-1 <br />