1. MIDA Bond Hospice of Red River Valley

UBondholder" or uHolder" or UOwner" means the person in whose name a Bond shall be registered on books of the Issuer kept by the Trustee for that purpose in accordance with the terms of the Indenture. UBond Year" means the period ending on July 1 of each year or such other period selected for the computations required to comply with the arbitrage rebate provisions in accordance with Section 148(f) of the Code. UBusiness Day" means any day other than a Saturday, Sunday or other day on which banking institutions in the city in which the principal corporate trust office of the Trustee is located are not open for business. UCode" means the United States Internal Revenue Code of 1986, as amended, and all Treasury Regulations promulgated thereunder. uCompletion Date" means the date of completion of construction and equipping of the Project as that date shall be certified by the Corporation in accordance with Section 3.05 hereof. uContinuing DisclosureAgreement" means the Continuing Disclosure Agreement between the Corporation and the Trustee dated as of July 1, 2007, as the same may be amended and supplemented. UCorporate Representative" means the Executive Director, President or Vice President of the Board of Directors of the Corporation, or a successor designated by the Corporation, or any authorized representative of the Corporation designated from time to time to act on behalf of the Corporation by written certificate furnished to the Trustee containing a specimen signature( s) of such person(s) and signed on behalf of the Corpomtion by an authorized signature. uCorporation" means Hospice of the Red River Valley, a North Dakota nonprofit corporation, its successors and assigns and any resulting or transferee corporation under Section 7.04 hereof. UCosts" means all costs paid to construct, and equip the Project, including, but not limited to, capitalized interest on the Bonds, working capital, all costs of labor, material and services paid or incurred by the Corporation, all acceptance fees of the Trustee, brokerage fees, service fees, attorney fees (including attorneys for the Issuer, the Corporation, Bond Counsel and Underwriter's Counsel), title insurance premiums, rating agency fees, and charges and recording fees incurred by Corporation in the issuance of the Bonds. UCosts of Issuance" means all items of expense relating to the issuance, sale and delivery of the Bonds, including, but not limited to, Underwriter's discount or commission, all fees and expenses oflegal counsel, fees and expenses of underwriter's counsel, title insurance premiums, printing costs, costs of preparation and reproduction of documents, filing and recording fees, initial 1-2