EXHIBIT 1.2
Amendment to
Forward Certificate Purchase Agreement
This Amendment to Forward Certificate Purchase Agreement ("Amendment") is
executed as of March 24, 1997 by and among National Rural Utilities Cooperative
Finance Corporation ("CFC"), Kansas Electric Power Cooperative, Inc. (the
"Cooperative"), and Alex. Xxxxx & Sons Incorporated (the "Underwriter").
Reference is hereby made to the Forward Certificate Purchase Agreement (the
"Purchase Agreement") among CFC, the Cooperative and the Underwriter dated
December 20, 1996 relating to the purchase by the Underwriter and the sale by
CFC of $57,390,000 aggregate principal amount of Rural Electric Cooperative
Grantor Trust Certificates Series 1997.
It is hereby agreed that the date on the first line of subparagraph (i) of
paragraph (a) of Section 2 of the Purchase Agreement is changed from April 1,
1997 to April 11, 1997. The effect of this amendment will be to change the
definition of the term, "Targeted Filing Date," to April 11, 1997. Except as
amended hereby, the Purchase Agreement is hereby ratified and confirmed.
This Amendment may be executed in multiple counterparts, each being
regarded as an original, and will be valid and enforceable as of the date first
written above.
CFC: National Rural Utilities Cooperative Finance Corporation
By: /s/ Xxxxxx X. Xxxxxxx
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Its: Assistant Secretary-Treasurer
COOPERATIVE: Kansas Electric Power Cooperative, Inc.
By: /s/ Xxxxxxx X. Xxxx
-----------------------------------
Its: Executive Vice President & Chief Executive Officer
UNDERWRITER: Alex. Xxxxx & Sons Incorporated
By: /s/ J. Xxxx Xxxxxx
-----------------------------------
Its: Vice President
The undersigned hereby consents to the foregoing Amendment.
Rural Electric Cooperative Grantor Trust (KEPCO) Series 1997
By: The First National Bank of Chicago, as Trustee
By: /s/ Xxxxxxx X. Xxxxxxx
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Its: Vice President
