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$7,700,000 City of Little Canada Variable Rate <br />Demand Purchase Multifamily Housing Revenue Bonds, <br />Series 1985 (Cedars Lakeside Project) <br />REQUEST FOR EXTENSION <br />The undersigned is duly authorized to execute this request <br />for extension on behalf of Cedars Lakeside Limited Partnership <br />(the "Borrower "), and hereby requests, pursuant to Section 3 -1(8) <br />of that certain Indenture of Trust dated December 31, 1985, <br />by and between First Trust Company Inc. and the City of Little <br />Canada and Section 3.01(1) of that certain Loan Agreement dated <br />December 31, 1985, between the City and the Borrower, that the <br />date prior to which the Declaration of Restrictive Covenants <br />(as defined in the Indenture) be recorded against the Land (as <br />defined in the Indenture) on which the Project will be located <br />be extended from July 1, 1986 to December 1, 1986. Attached <br />hereto as Exhibit A is an opinion of Bond Counsel dated June <br />20, 1986, stating that such extension will not adversely affect <br />the tax - exempt status of the Bonds. <br />CEDARS LAKESIDE LIMITED PARTNERSHIP <br />By Brutger Companies, Inc., its <br />General Partner <br />0 <br />