Corporation’s consent to lien on Trust Estate

Any pledge by the Corporation of the Trust Estate as security for the Bonds has the benefit of a consensual lien, perfected, effective, binding, and enforceable against creditors and all others asserting rights therein or having claims of any kind in tort, contract, or otherwise, irrespective of whether those parties have notice of the lien and without the need for any physical delivery, recordation, filing or further act of any kind. As it relates to the Bonds, the consensual lien on amounts on Matching Fund Receipts that constitute Residual Receipts is automatically released and discharged immediately upon any deposit by the Trustee of the Residual Receipts into the Residual Fund without further action, filing or authorization by the Corporation or any other entity, person, governmental authority, or officer.