Common use of Issuance of the Preferred Securities Clause in Contracts

Issuance of the Preferred Securities. On January __, 1997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the Underwriter, Firm Securities Certificates, registered in the names requested by the Underwriter, in an aggregate amount of 880,000 Firm Securities having an aggregate Liquidation Amount of $22,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,000, by the Property Trustee. At the option of the Underwriter, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the Underwriter, Option Securities Certificates, registered in the names requested by the Underwriter, up to 132,000 Option Securities having an aggregate Liquidation Amount of $3,300,000, against receipt of the aggregate purchase price of such Option Securities of $3,300,000, by the Property Trustee.

Issuance of the Preferred Securities. On January __, 1997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the Underwriter, Firm Securities Certificates, registered in the names requested by the Underwriter, in an aggregate amount of 880,000 Firm Securities having an aggregate Liquidation Amount of $22,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,000, by the Property Trustee. At the option of the Underwriter, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the Underwriter, Option Securities Certificates, registered in the names requested by the Underwriter, up to 132,000 Option Securities having an aggregate Liquidation Amount of $3,300,000, against receipt of the aggregate purchase price of such Option Securities of $3,300,000, by the Property Trustee.

Issuance of the Preferred Securities. On January __, 19972002, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, in an aggregate amount of 880,000 Firm Securities having an aggregate Liquidation Amount of $22,000,000$ , against receipt of the aggregate purchase price of such Preferred Securities of $22,000,000$ , by the Property Trustee. At the option of the UnderwriterUnderwriters, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Option Preferred Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, representing up to 132,000 Option Securities having an aggregate Liquidation Amount of $3,300,000, up to $ against receipt of the aggregate purchase price of such Option Securities of $3,300,000, up to $ by the Property Trustee.

Issuance of the Preferred Securities. On January June __, 1997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the Underwriter, in an aggregate amount of 880,000 1,000,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00010,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00010,000,000, by the Property Trustee. At the option of the UnderwriterUnderwriters, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the Underwriter, Option Securities Certificates, registered in the names requested by the Underwriter, up to 132,000 150,000 Option Securities having an aggregate Liquidation Amount of $3,300,0001,500,000, against receipt of the aggregate purchase price of such Option Securities of $3,300,0001,500,000, by the Property Trustee.

Issuance of the Preferred Securities. On January __------------------------------------ July, 19971999, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, in an aggregate amount of 880,000 1,500,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00015,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00015,000,000, by the Property Trustee. At the option of the UnderwriterUnderwriters, at any time and from time to time within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Option Preferred Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, representing up to 132,000 225,000 Option Securities in the aggregate having an aggregate Liquidation Amount of up to $3,300,000, 2,250,000 against receipt of the aggregate purchase price of such Option Securities of up to $3,300,000, 2,250,000 by the Property Trustee.

Issuance of the Preferred Securities. On January ______ __, 19971998, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the Underwriter, Firm Securities Certificates, registered in the names requested by the Underwriter, in an aggregate amount of 880,000 1,500,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00015,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00015,000,000, by the Property Trustee. At the option of the Underwriter, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the Underwriter, Option Preferred Securities Certificates, registered in the names requested by the Underwriter, representing up to 132,000 225,000 Option Securities having an aggregate Liquidation Amount of up to $3,300,000, 2,250,000 against receipt of the aggregate purchase price of such Option Securities of up to $3,300,000, 2,250,000 by the Property Trustee.

Issuance of the Preferred Securities. On January ------------------------------------ ___________, 19971999, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, in an aggregate amount of 880,000 1,500,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00015,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00015,000,000, by the Property Trustee. At the option of the UnderwriterUnderwriters, at any time and from time to time within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Option Preferred Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, representing up to 132,000 225,000 Option Securities in the aggregate having an aggregate Liquidation Amount of up to $3,300,000, 2,250,000 against receipt of the aggregate purchase price of such Option Securities of up to $3,300,000, 2,250,000 by the Property Trustee.

Issuance of the Preferred Securities. On January __, 1997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the Underwriter, Firm Securities Certificates, registered in the names requested by the Underwriter, in an aggregate amount of 880,000 Firm Securities having an aggregate Liquidation Amount of $22,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,000, by the Property Trustee. At the option of the Underwriter, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the Underwriter, Option Securities Certificates, registered in the names requested by the Underwriter, up to 132,000 Option Securities having an aggregate Liquidation Amount of $3,300,000, against receipt of the aggregate purchase price of such Option Securities of $3,300,000, by the Property Trustee.

Issuance of the Preferred Securities. On January __June 18, 19972001, the Depositor, both on its own behalf Sponsor and on behalf of the Issuer Trust pursuant to the Original Trust Agreement executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administratora Regular Trustee, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.2 and deliver to or at the Underwriter, Firm direction of the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the names requested by the Underwriter, in an aggregate amount of 880,000 Firm 1,000,000 Preferred Securities having an aggregate Liquidation Amount of $22,000,00025,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00025,000,000, by which amount the Regular Trustees shall promptly deliver, or cause to be delivered, to the Property Trustee. At If the Underwriters exercise their over-allotment option granted pursuant to the Underwriting Agreement, then upon exercise of the Underwriter, within 30 days over-allotment option in accordance with the terms of the date of the ProspectusUnderwriting Agreement, and solely for the purpose of covering an over- allotment, if any, an Administratora Regular Trustee, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.2 and deliver to or at the Underwriter, Option direction of the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the names requested by the Underwriter, an aggregate amount of up to 132,000 Option 150,000 additional Preferred Securities having an aggregate Liquidation Amount of $3,300,0003,750,000, against receipt of the aggregate purchase price of such Option Preferred Securities of up to $3,300,0003,750,000, by which amount the Regular Trustees shall promptly deliver, or cause to be delivered, to the Property Trustee.

Issuance of the Preferred Securities. On January _________, 1997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, in an aggregate amount of 880,000 800,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00020,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00020,000,000, by the Property Trustee. At the option of the UnderwriterUnderwriters, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the UnderwriterUnderwriters, Option Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, up to 132,000 120,000 Option Securities having an aggregate Liquidation Amount of $3,300,0003,000,000, against receipt of the aggregate purchase price of such Option Securities of $3,300,0003,000,0000, by the Property Trustee.

Issuance of the Preferred Securities. On January __June 25, 1997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the Underwriter, in an aggregate amount of 880,000 1,000,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00010,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00010,000,000, by the Property Trustee. At the option of the UnderwriterUnderwriters, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the Underwriter, Option Securities Certificates, registered in the names requested by the Underwriter, up to 132,000 150,000 Option Securities having an aggregate Liquidation Amount of $3,300,0001,500,000, against receipt of the aggregate purchase price of such Option Securities of $3,300,0001,500,000, by the Property Trustee.

Issuance of the Preferred Securities. On January _____, 1997------------------------------------ __ 2001, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, in an aggregate amount of 880,000 1,200,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00030,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00030,000,000, by the Property Trustee. At the option of the UnderwriterUnderwriters, at any time and from time to time within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Option Preferred Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, representing up to 132,000 180,000 Option Securities in the aggregate having an aggregate Liquidation Amount of up to $3,300,000, 4,500,000 against receipt of the aggregate purchase price of such Option Securities of up to $3,300,000, 4,500,000 by the Property Trustee.

Issuance of the Preferred Securities. On January _______ __, 19971999, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, in an aggregate amount of 880,000 1,200,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00012,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00012,000,000, by the Property Trustee. At the option of the UnderwriterUnderwriters, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Option Preferred Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, up to 132,000 180,000 Option Preferred Securities having an aggregate Liquidation Amount of up to $3,300,0001,800,000, against receipt of the aggregate purchase price of such Option Securities of up to $3,300,0001,800,000, by the Property Trustee.

Issuance of the Preferred Securities. On January __May 2, 1997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the Underwriter, Firm Securities Certificates, registered in the names requested by the Underwriter, in an aggregate amount of 880,000 1,400,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00035,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00035,000,000, by the Property Trustee. At the option of the Underwriter, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the Underwriter, Option Securities Certificates, registered in the names requested by the Underwriter, up to 132,000 210,000 Option Securities having an aggregate Liquidation Amount of $3,300,0005,250,000, against receipt of the aggregate purchase price of such Option Securities of $3,300,0005,250,000, by the Property Trustee.

Issuance of the Preferred Securities. On January April ____, 1997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the Underwriter, in an aggregate amount of 880,000 1,000,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00010,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00010,000,000, by the Property Trustee. At the option of the UnderwriterUnderwriters, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the Underwriter, Option Securities Certificates, registered in the names requested by the Underwriter, up to 132,000 100,000 Option Securities having an aggregate Liquidation Amount of $3,300,0001,000,000, against receipt of the aggregate purchase price of such Option Securities of $3,300,0001,000,000, by the Property Trustee.

Issuance of the Preferred Securities. On January June __, 19972002, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, in an aggregate amount of 880,000 2,300,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00023,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00023,000,000, by the Property Trustee. At the option of the UnderwriterUnderwriters, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the UnderwriterUnderwriters, Option Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, up to 132,000 345,000 Option Securities having an aggregate Liquidation Amount of up to $3,300,0003,450,000, against receipt of the aggregate purchase price of such Option Securities of up to $3,300,0003,450,000, by the Property Trustee.

Issuance of the Preferred Securities. On January __May 2, 1997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the Underwriter, Firm Securities Certificates, registered in the names requested by the Underwriter, in an aggregate amount of 880,000 40,000 Firm Securities having an aggregate Liquidation Amount of $22,000,0001,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,0001,000,000, by the Property Trustee. At the option of the Underwriter, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the Underwriter, Option Securities Certificates, registered in the names requested by the Underwriter, up to 132,000 6,000 Option Securities having an aggregate Liquidation Amount of $3,300,000150,000, against receipt of the aggregate purchase price of such Option Securities of $3,300,000150,000, by the Property Trustee.

Issuance of the Preferred Securities. On January __________, 1997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, in an aggregate amount of 880,000 1,000,000 Firm Securities having an aggregate Liquidation Amount of $22,000,00025,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00025,000,000, by the Property Trustee. At the option of the UnderwriterUnderwriters, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 and deliver to the UnderwriterUnderwriters, Option Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, up to 132,000 150,000 Option Securities having an aggregate Liquidation Amount of $3,300,0003,750,000, against receipt of the aggregate purchase price of such Option Securities of $3,300,0003,750,000, by the Property Trustee.

Issuance of the Preferred Securities. On January ___________, 19971999, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Firm Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, in an aggregate amount of 880,000 ____________ Firm Securities having an aggregate Liquidation Amount of $22,000,00020,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $22,000,00020,000,000, by the Property Trustee. At the option of the UnderwriterUnderwriters, within 30 days of the date of the Prospectus, and solely for the purpose of covering an over- over-allotment, if any, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.4 5.3 and deliver to the UnderwriterUnderwriters, Option Preferred Securities Certificates, registered in the names requested by the UnderwriterUnderwriters, representing up to 132,000 __________ Option Securities having an aggregate Liquidation Amount of up to $3,300,000, 3,000,000 against receipt of the aggregate purchase price of such Option Securities of up to $3,300,000, 3,000,000 by the Property Trustee.