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NOW, THEREFORE,, in consideration of the premises and for other good and valuable consideration,, the receipt and sufficiency of which are hereby acknowledged, the Issuer and the Trustee hereby agree as follows.- I. Incorporation of Recitals. The foregoing Recitals are incorporated in this First Supplemental Indenture and made a part hereof by this reference to the same extent as if set forth herein in full. 2. Definitions. All capitalized terms used in this First Supplemental Indenture (including the Recitals hereto) and not otherwise defined herein shall have the meaning given such terms as set forth in the Indenture. 3. Amendments. The Indenture is hereby amended as follows.- (A) Section 3.4(b)( ii). Section 3.4(b)(ii) of the Indenture is hereby deleted in its entirety and the following is substituted in lieu thereof "(ii) Request for Conversion. The Servicing Agent has received a request for Conversion from the Borrower in the form attached hereto as Exhibit E. The Request for Conversion shall be submitted to the Servicing Agent no later than thirty (30) days prior to the Scheduled Conversion Date. The Borrower shall be permitted to extend the Scheduled Conversion Date monthly until the Outside Conversion Date of August 1,, 2011 by paying to the Servicing Agent a monthly extension fee equal to $,10,,000 (each, an "Extension Fee") on February 23, 2011 and on the first business day of each calendar month thereafter until the earlier to occur of (x) the Loan Equalization Payment Date, or (y) the Outside Conversion Date. The Scheduled Conversion Date may not be extended beyond the Outside Conversion Date. The Extension Fee shall not be applied to any Loan Equalization Payment required to be paid under the terms of Section 3.4 of this Indenture and Section 3.2(d) of the Financing Agreement". (B) Appendix I - Derinitions (Centennial Apartm . The following additions and modifications are hereby made to the Appendix I - Definitions attached to the Indenture.- (i) Modification of Definitions. The terms "Collateral", "Documents", "Scheduled Conversion Date",, and "Outside Conversion Date" are hereby deleted in their entirety and the following definitions of such terms are inserted in lieu thereof such that each term shall have the meaning given such term as set forth below.- �' 0; MR, (a) "Collateral" means the Letter of Credit and all of the security for the Loan described in the Security Instrument, the Replacement Reserve Agreement, the Pledge Agreement,, and in all of the other Documents,, together with all Proceeds and products thereof and Additions thereto. 0