1. MIDA Bond Oak Grove Lutheran School

SECfION 11.06. REOUIRED ApPROVALS. Consents and approvals required by this Loan Agreement to be obtained from the Corporation, the Issuer or the Lender shall be in writing and shall not be unreasonably withheld or delayed. SECTION 11.07. LIMITATION ON ISSUER LIABILITY. No agreements or provIsIOns contained in this Loan Agreement nor any agreement, covenant or undertaking by the Issuer contained in any doeument executed by the Issuer in connection with the Facilities shall give rise to any pecuniary liability of the Issuer or a charge against its general credit or taxing powers, or shall obligate the Issuer financially in any way except with respect to the Facilities and the application of revenue therefrom and the proceeds of the Bonds. No failure of the Issuer to eomply with any term, condition, covenant or agreement herein shall subject the Issuer to liability for any claim for damages, costs or other financial or pecuniary charge except to the extent that the same can be paid or recovered from the Facilities or revenues therefrom or proceeds of the Bonds; and no execution of any claim, demand, cause of action or judgment shall be levied upon or collected from the general credit, general funds or taxing powers of the Issuer. Nothing herein shall preclude a proper party in interest from seeking and obtaining speci fie performance against the Issuer for any failure to eomply with any term, condition, covenant or agreement herein; provided, that no costs, expenses or other monetary relief shall be recoverable from the Issuer except as may be payable from the Facilities or its revenues. SECfION 11.08. SURVIVORSHIP OF OBLIGATIONS. All obligations of the Corporation under Sections 7.03,7.07 and 9.04 shall survive payment of the Bonds or earlier termination of this Loan Agreement. (Remainder of this page intentionally left blank.) 11-2