Document:

Unassociated Document

    Exhibit
      4.6

    

    SECOND
      SUPPLEMENTAL INDENTURE

    

    KH
      FUNDING COMPANY, a Maryland corporation,

    as
      obligor

    

    

    Series
      3 Senior Secured Investment Debt Securities

    

    $220,000,000.00

    

    and

    

    Series
      4 Subordinated Unsecured Investment Debt Securities

    

    $30,000,000.00

    

    WELLS
      FARGO BANK, National Association, a National Banking
      Association,

    as
      trustee

    

    

    Dated
      as of _________, 2006

    

    

    Supplementing
      the Indenture

    Dated
      as of August 2, 2004

    as
      supplemented and amended by a 

    First
      Supplemental Indenture 

    Dated
      as of July 1, 2005

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    TABLE
      OF
      CONTENTS

     

    
      	
              ARTICLE
                I. DEFINITIONS AND INCORPORATION BY REFERENCE 

            	 	 	
              1

            	 
	
              Section
                1.5 Recitals; Duties of Trustee

            	 	 	
               2
                

            	 
	
              Section
                1.6 Relationship to Original Indenture and Additional Supplemental
                Indentures 

            	 	 	
              2

            	 
	 	 	 	 	 
	
              ARTICLE
                II. THE SECURITIES 

            	 	 	
              2

            	 
	
              Section
                2.1(B) Amount; Accounts; Interest; Maturity - Additional Securities
                

            	 	 	
              2

            	 
	 	 	 	 	 
	
              ARTICLE
                XI. MISCELLANEOUS 

            	 	 	
              3

            	 
	
              Section
                11.17 Incorporation of Second Supplemental Indenture into Indenture
                

            	 	 	
              3

            	 

    

     

    
      
        -
          -

        

        
        

      

      
        ii

        
          

        

      

      
        
        

      

    

    

    CROSS-REFERENCE
      TABLE*

     

    
      	
              Trust
                Indenture Act
Section 

            	 	 	
              Indenture
Section

            	 
	
               

            	 	 	 	 
	
              305(a)(1)
                

            	 	 	
              7.10

            	 
	
              (a)(2)
                

            	 	 	
              7.10

            	 
	
              (a)(3)
                

            	 	 	
              NA

            	 
	
              (a)(4)
                

            	 	 	
              NA

            	 
	
              (a)(5)
                

            	 	 	
              NA

            	 
	
              (b)
                

            	 	 	
              7.8,
                7.10

            	 
	
              (c)
                

            	 	 	
              NA

            	 
	
              311(a)
                

            	 	 	
              7.11

            	 
	
              (b)
                

            	 	 	
              7.11

            	 
	
              (c)
                

            	 	 	
              NA

            	 
	
              312(a)
                

            	 	 	
              2.5

            	 
	
              (b)
                

            	 	 	
              11.3

            	 
	
              (c)
                

            	 	 	
              11.3

            	 
	
              313(a)
                

            	 	 	
              7.6

            	 
	
              (b)(1)
                

            	 	 	
              NA

            	 
	
              (b)(2)
                

            	 	 	
              7.6

            	 
	
              (c)
                

            	 	 	
              7.6,
                11.2

            	 
	
              (d)
                

            	 	 	
              7.6

            	 
	
              314(a)
                

            	 	 	
              4.3,
                4.4, 11.2

            	 
	
              (b)
                

            	 	 	
              4.4

            	 
	
              (c)(1)
                

            	 	 	
              11.4

            	 
	
              (c)(2)
                

            	 	 	
              11.4

            	 
	
              (c)(3)
                

            	 	 	
              NA

            	 
	
              (d)
                

            	 	 	
              NA

            	 
	
              (e)
                

            	 	 	
              11.5

            	 
	
              (f)
                

            	 	 	
              NA

            	 
	
              315(a)
                

            	 	 	
              7.1(b

            	
              )

            
	
              (b)
                

            	 	 	
              7.5,
                11.2

            	 
	
              (c)
                

            	 	 	
              7.1(a

            	
              )

            
	
              (d)
                

            	 	 	
              7.1(c

            	
              )

            
	
              (e)
                

            	 	 	
              6.11

            	 
	
              316(a)(last
                sentence) 

            	 	 	
              2.10

            	 
	
              (a)(1)(A)
                

            	 	 	
              6.5

            	 
	
              (a)(1)(B)
                

            	 	 	
              6.4

            	 
	
              (a)(2)
                

            	 	 	
              NA

            	 
	
              (b)
                

            	 	 	
              6.7

            	 
	
              (c)
                

            	 	 	
              NA

            	 
	
              317(a)(1)
                

            	 	 	
              6.8

            	 
	
              (a)(2)
                

            	 	 	
              6.9

            	 
	
              (b)
                

            	 	 	
              2.4

            	 
	
              318(a)
                

            	 	 	
              11.1

            	 

    

     

    NA
      means
      not applicable

    *
      This
      Cross Reference Table is not part of the Indenture

    

    
      
        
        

      

      
        iii

        
          

        

      

      
        
        

      

    

     

    THIS
      SECOND SUPPLEMENTAL INDENTURE dated as of August 11, 2006 (the “Second
      Supplemental Indenture”) between KH Funding Company, a Maryland corporation, as
      issuer (the “Company”), and Wells Fargo Bank, National Association, a national
      banking association, as trustee (the “Trustee”), supplements and amends the
      Indenture dated as of August 2, 2004 (the “Indenture”), as supplemented and
      amended by a First Supplemental Indenture dated as of July 1, 2005 (the “First
      Supplemental Indenture”) (the Indenture, as supplemented and amended by the
      First Supplemental Indenture, is hereafter referred to as the ( “Original
      Indenture”).

    

    WITNESSETH
      THAT:

    

    WHEREAS,
      the Company and the Trustee have heretofore executed and delivered the Original
      Indenture to provide for the issuance of the Company’s debt securities to be
      issued in one or more series;

    

    WHEREAS,
      Section 2.1 of the Original Indenture provides, among other things, that the
      Company may issue, from time to time in accordance with the provisions of the
      Original Indenture, Additional Securities;

    

    WHEREAS,
      the Company desires to provide for the issuance of Additional Securities and
      to
      set forth the terms that will be applicable thereto;

    

    WHEREAS,
      all action on the part of the Company necessary to authorize the issuance of
      the
      Additional Securities under the Original Indenture and this Second Supplemental
      Indenture has been duly taken; and

    

    WHEREAS,
      all acts and things necessary to make the Additional Securities, when executed
      by the Company and authenticated and delivered by the Trustee as provided in
      the
      Original Indenture, the legal, valid and binding obligations of the Company,
      and
      to constitute these presents a valid and binding supplemental indenture
      according to its terms and binding on the Company, have been done and performed,
      and the Company in the exercise of the legal right and power vested in it,
      executes this Second Supplemental Indenture and proposes to create, execute,
      issue and deliver the Additional Securities. 

    

    NOW,
      THEREFORE, THIS SECOND SUPPLEMENTAL INDENTURE WITNESSETH: 

    

    That,
      in
      order to establish the terms and provisions of, and to authorize the
      authentication and delivery of, the Additional Securities, the Company and
      the
      Trustee agree to supplement the Original Indenture as follows for the benefit
      of
      each other and for the equal and ratable benefit of the Holders of the
      Additional Securities issued pursuant to the Company's registration statement
      on
      Form SB-2 declared effective by the Securities and Exchange Commission on or
      about August 11, 2006:

    

    ARTICLE
      I.

    DEFINITIONS
      AND INCORPORATION

    BY
      REFERENCE

    

    Article
      I
      is supplemented by deleting Sections 1.5 and 1.6 and substituting the following
      in their stead:

    

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

       

    

    Section
      1.5. Recitals; Duties of Trustee. 

    

    The
      recitals contained in this Second Supplemental Indenture are made by the Company
      and not by the Trustee; and all of the provisions contained in the Original
      Indenture in respect of the rights, privileges, immunities, powers and duties
      of
      the Trustee shall be applicable in respect hereof as fully and with like effect
      as if set forth herein in full.

    

    Section
      1.6. Relationship to Original Indenture and Additional Supplemental
      Indentures.

    

    (a) The
      Original Indenture and this Second Supplemental Indenture shall be read, taken,
      and construed as one and the same instrument. However, in the event of a
      conflict or a difference between the provisions of the Original Indenture and
      this Second Supplemental Indenture, the provisions of this Second Supplemental
      Indenture shall control. The provisions hereof shall remain in effect and shall
      be deemed a part of the Original Indenture for so long as the Investment Debt
      Securities remain outstanding. Except as amended and supplemented hereby, the
      provisions of the Original Indenture shall remain in full force and
      effect.

    

    (b) Additional
      indentures supplemental may be executed and delivered in accordance with the
      provisions of the Original Indenture. Nothing herein contained shall be deemed
      to relieve the Company from its obligations under any such indentures
      supplemental for so long as each remains in effect and, except as expressly
      provided in the Original Indenture, no provision of any such indentures
      supplemental shall be deemed to relieve the Company from its respective
      obligations under this Second Supplemental Indenture for so long as it remains
      in effect.

     

    ARTICLE
      II.

    THE
      SECURITIES

     

    Article
      II is supplemented to amend and restate Section 2.1(A) as follows:

    

    Section
      2.1(A). Amount; Accounts; Interest; Maturity - Additional
      Securities.

    

    The
      aggregate principal amount of Additional Securities that may be authenticated
      and delivered under this Indenture is $150,000,000 (the “Additional
      Securities”). The
      Additional Securities may be subject to notations, legends or endorsements
      required by law, applicable rules and regulations and agreements to which the
      Company is subject or usage. 

     

    The
      Company shall issue the Additional Securities as provided in Section 2.12 of
      the
      Original Indenture. The record of beneficial ownership of the Additional
      Securities shall be maintained and updated by the Company through the
      establishment and maintenance of Accounts. Each Additional Security shall be
      in
      such denominations as may be designated from time to time by the Company but
      in
      no event in an original denomination less than $5,000. This minimum amount
      may
      be increased or decreased from time to time by the Company and the Company,
      in
      its sole discretion, may accept a lesser amount from any Holder. The Investment
      Debt Securities shall be Fixed Term Notes and Demand Notes. The Fixed Term
      Notes
      shall have maturity dates of one year, three years and five years. The Demand
      Notes shall have demand periods of one day or thirty days. 

     

    Each
      Additional Security shall bear interest from and commencing on its Interest
      Accrual Date at such rate of interest as the Company shall determine from time
      to time; provided, however, that (i) the Series 3 Senior Secured Security One
      Year Fixed Term Notes, Three Year Fixed Term Notes and Five Year Fixed Term
      Notes shall pay interest at an annual interest rate fixed at the time of
      issuance with the initial interest rates being 7.00%, 7.35% and 7.6%
      respectively, (ii) the Series 3 Senior Secured Security One Day Demand Notes
      and
      the Thirty Day Demand Notes shall pay interest at a variable annual interest
      rate with the initial rates being 5.75% and 6.00% respectively, and (iii) the
      Series 4 Subordinated Unsecured Security One Year Fixed Term Notes, Three Year
      Fixed Term Notes and Five Year Fixed Term Notes shall pay interest at an annual
      interest rate fixed at the time of issuance with the initial interest rates
      being 7.75%, 8.00% and 8.50% respectively. The Company may change the interest
      rates from time to time by filing a supplement to the Company's prospectus.
      

    

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

       

    

    Interest
      on an Investment Debt Security will compound daily and will have interest paid,
      at the election of the Holder, either (i) monthly, quarterly, semi-annually
      or
      annually, or (ii) accrued and credited as principal to the Holder's Account.
      To
      the extent any applicable interest payment date is not a Business Day, then
      interest shall be paid instead on the next succeeding Business Day. All interest
      payments on the Investment Debt Securities shall be approved prior to payment
      by
      the Company's Treasurer. 

    

    The
      Company will give each Holder of a Fixed Term Note (existing as of the
      applicable Maturity Record Date) a written notice at least seven days prior
      to
      the Maturity Date of the Fixed Term Note held by such Holder reminding such
      Holder of the pending maturity of the Fixed Term Note and noticing the Holder
      of
      the Company's intention to repay, or if the Company does not intend to repay
      the
      Fixed Term Note, reminding the Holder that they must choose to either (i) redeem
      the Fixed Term Note, (ii) extend the Fixed Term Note, or (iii) transition the
      Fixed Term Note into a new Account. If the Company gives notice to a Holder
      of
      the Company's intention to repay a Fixed Term Note at maturity, no interest
      will
      accrue after the Maturity Date for such Fixed Term Note if payment is timely
      made. Otherwise, if a Holder requests repayment within seven days after the
      Maturity Date, the Company will pay interest on the Fixed Term Note during
      the
      period after the Fixed Term Note's Maturity Date and prior to redemption at
      the
      rate being paid on such Fixed Term Note immediately prior to its
      maturity.

    

    The
      terms
      and provisions contained in the Investment Debt Securities shall constitute,
      and
      are hereby expressly made a part of, this Second Supplemental Indenture and,
      to
      the extent applicable, the Company and the Trustee, by their execution and
      delivery of this Second Supplemental Indenture, and the Holders by accepting
      the
      Investment Debt Securities, expressly agree to such terms and provisions and
      to
      be bound thereby. In case of a conflict, the provisions of this Second
      Supplemental Indenture shall control. 

    

    ARTICLE
      XI

    MISCELLANEOUS

    

    Article
      XI is supplemented to add new Section 11.17 as follows:

    

    Section
      11.17. Incorporation of Second Supplemental Indenture into Indenture.

    

    This
      Second Supplemental Indenture is executed by the Company and the Trustee
      pursuant to the provisions of Section 2.1 of the Original Indenture, and the
      terms and conditions hereof shall be deemed to be a part thereof for all
      purposes upon the effectiveness of this Second Supplemental Indenture. The
      Original Indenture, as amended and supplemented by the First Supplemental
      Indenture and the Second Supplemental Indenture, is in all respects hereby
      adopted, ratified and confirmed.

    

    [Remainder
      of Page Intentionally Left Blank]

    

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

     

    SIGNATURES

    

    IN
      WITNESS WHEREOF, the parties hereto have caused this Second Supplemental
      Indenture to be duly executed as of the day and year first written
      above.

     

    
      
        	ATTEST:	 	 	KH
                FUNDING
                COMPANY
	 	 
	 
 	 
 	 	 
 
	 	 	 
	 	 	
                Robert
                  L. Harris

                President

              
	 	 	 
	 	 	 
	
                ATTEST

              	 	WELLS
                FARGO BANK,
                NATIONAL ASSOCIATION 
                as
                  Trustee

              
	 	 	 
	 	 	 
	 	 	
                Robert
                  L. Reynolds

                Vice
                  President

              
	 	 	 

      

    

     

    

      [SIGNATURE
        PAGE TO SECOND SUPPLEMENTAL INDENTURE]Exhibit
      4.7

    ACCOUNT
      CONTROL AGREEMENT

    (Security
      Entitlement)

    August
      __
      2006

    

    Wells
      Fargo Bank, N.A.,
      as
      Trustee, a national banking association, whose address is 213 Court Street,
      Suite 703, Middletown, CT 06457, Attn:
      Robert L. Reynolds, Vice President (“Creditor”);

    

    KH
      Funding Company,
      a
      Maryland corporation, whose address is 10801 Lockwood Drive, Suite 370 Silver
      Spring, MD 20901 Attn: Robert L. Harris, President (“Debtor”);
      and

    

    Lincoln
      Financial Advisors Corporation,
      whose
      address is PG Box 2239, Mail Stop lH-50, Fort Wayne, IN 4680 1-2239 (“Broker”);
      hereby agree as follows:

    

    RECITALS

    

    A. Broker
      and Debtor have entered into a customer agreement (as from time to time amended,
      modified, supplemented, or restated, the “Customer
      Agreement”),
      pursuant to which Broker has established its securities account number(s)
      ___________________________________ 
      in the
      name of Debtor (collectively, the “Account”).

    

    B. Debtor
      and Creditor have entered into a Trust Indenture dated August 4, 2004, as
      subsequently amended, and a Security Agreement dated May 18, 2005 (as both
      may
      be from time to time amended, modified, supplemented, or restated, collectively
      the “Security
      Instruments”),
      pursuant to which Debtor has granted Creditor a security interest in, among
      other things, the Account and the investment securities maintained in the
      Account.

    

    C. Creditor,
      Debtor and Broker are entering into this Agreement to provide for the control
      of
      the Account and to perfect the security interest of Creditor in the Account
      as
      more fully described in the Security Instruments.

    

    AGREEMENT

    

    1. The
      Account.
      Broker
      hereby represents and warrants to Creditor and Debtor that (i) the Account
      has
      been established in the name of Debtor as recited above, (ii) the Customer
      Agreement, the security entitlements ‘arising out of the financial assets
      carried in the Account and any free credit balances are valid and legally
      binding obligations of Broker, and (iii) except for the claims and interest
      of
      Creditor and of Debtor in the Account, Broker does not know of any claim to
      or
      interest in the Account or in any financial asset carried therein except a
      security interest held by National Financial Services, LLC, the clearing
      broker-dealer that executes and clears transactions for LFA and its customers
      and a security interest in favor of Broker to secure margin obligations on
      the
      Account. Creditor acknowledges that the Account is currently fully
      margined.

    

    2. Priority
      of Lien.
      Broker
      hereby acknowledges that it has received notice of the existence of the Security
      Instruments and of the security interest of Creditor in the Account and
      recognizes the security interest granted therein to Creditor by Debtor. Creditor
      hereby acknowledges that the Account is a margin account. Broker subordinates
      in
      favor of Creditor any security interest, lien, encumbrance, claim or right
      of
      setoff it may have, now or in the future, against the Account or any financial
      asset carried in the Account or any credit balance in the Account, except that
      Broker will retain its prior lien on property in the Account to secure payment
      for property purchased for the Account, margin obligations, and Broker’s
      commissions and fees for the Account. Broker will not agree with any third
      party
      that Broker will comply with entitlement orders concerning the Account
      originated by such third party without the prior written consent of Creditor
      and
      Debtor.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    3. Control.
      Broker
      will comply with entitlement orders originated by Creditor concerning the
      Account without further consent by Debtor. Except as otherwise provided in
      Section 2 above, Broker shall make trades of financial assets held in the
      Account at the instruction of Debtor, or its authorized representatives, and
      comply with entitlement orders concerning the Account from Debtor, or its
      authorized representatives, until such time as Creditor delivers a written
      notice to Broker which states that an Event of Default (as such term is defined
      in the Security Instruments) has occurred and is continuing and that Creditor
      is
      thereby exercising exclusive control over the Account. Such notice may be
      referred to herein as the “Notice of Exclusive Control.” No later than the
      opening of business two Business Days after the Business Day Broker receives
      a
      Notice of Exclusive Control from Creditor, Broker shall cease complying with
      instructions or entitlement orders given by Debtor. For purposes of this
      Agreement, a “Business Day” is any day other than a Saturday, Sunday, a legal
      holiday, or a day on which banks in the State of Indiana are authorized to
      be
      closed. Receipt of a Notice of Exclusive Control by Broker shall mean actual
      receipt by the person(s) and the department specified below:

    

    Lincoln
      Financial Advisors Corporation

    

    Director
      of Account Services, Mail Stop lH-50

    

    Attn: Susan
      Smethers

    

    P.O.
      Box
      2239

    

    Fort
      Wayne, Indiana 46801-2239

    

    4. Statements,
      Confirmations and Notices of Adverse Claims.
      Upon
      the request of Creditor, Broker will send copies of all statements,
      confirmations and other correspondence concerning the Account to Creditor at
      the
      address set forth in the heading of this Agreement. If Broker acquires knowledge
      that any person asserts any lien, encumbrance or adverse claim against the
      Account or in any financial asset carried therein, Broker will promptly notify
      Creditor and Debtor thereof.

    

    5. Responsibility
      of Broker.
      Except
      for permitting a withdrawal or payment in violation of Section 3 above Broker
      shall have no responsibility or liability to Creditor for making trades of
      financial assets held in the Account at the instruction of Debtor, or its
      authorized representatives, which are received by Broker before Broker receives
      a Notice of Exclusive Control. Broker shall have no responsibility or liability
      to Debtor for complying with a Notice of Exclusive Control or complying with
      entitlement orders concerning the Account originated by Creditor. Broker shall
      have no duty to investigate or make any determination as to whether an Event
      of
      Default exists and shall comply with a Notice of Exclusive Control even if
      it
      believes that an Event of Default does not exist. Neither this Agreement nor
      the
      Security Instruments impose or create any obligation or duty of Broker other
      than those expressly set forth herein. Creditor and Debtor hereby agree to
      indemnify, defend, and hold harmless Broker, its officers, directors, employees,
      and agents against claims, liabilities, and expenses arising out of this
      agreement (including reasonable attorneys’ fees and disbursements), except to
      the extent the claims, liabilities, or expenses are caused by Broker’s gross
      negligence or willful misconduct.

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

       

    

    6. Tax
      Reporting.
      All
      items of income, gain, expense and loss recognized in the Account shall be
      reported to the Internal Revenue Service and all state and local taxing
      authorities under the name and taxpayer identification number of
      Debtor.

    

    7. Customer
      Agreement.
      This
      Agreement supplements the Customer Agreement among the parties hereto. In the
      event of a conflict between this Agreement and the Customer Agreement, the
      terms
      of this Agreement will prevail.

    

    8. Termination.
      The
      rights and powers granted herein to Creditor have been granted in order to
      perfect its security interest in the Account, are powers coupled with an
      interest and will neither be affected by the death or bankruptcy of Debtor
      nor
      by the lapse of time. The obligations of Broker under Sections 3, 4,
      5 and
      6
      above shall continue in effect until the security interest of Creditor in the
      Account has been terminated pursuant to the terms of the Security Instruments
      and Creditor has notified Broker of such termination in writing. Upon receipt
      of
      such notice the obligations of Broker under Sections 3, 4, 5 and
      6
      above with respect to the operation and maintenance of the Account after the
      receipt of such notice shall terminate, Creditor shall have no further right
      to
      originate entitlement orders concerning the Account and Broker may take such
      steps as Debtor may request to vest full ownership and control of the Account
      in
      Debtor, including, but not limited to, removing the name of Creditor from the
      Account or transferring all of the financial assets and credit balances in
      the
      Account to another securities account in the name of Debtor or its
      designee.

    

    9. This
      Agreement.
      This
      Agreement, the schedules and exhibits hereto and the agreements and instruments
      required to be executed and delivered hereunder set forth the entire agreement
      of the parties with respect to the subject matter hereof and supersede and
      discharge all prior agreements (written or oral) and negotiations and all
      contemporaneous oral agreements concerning such subject matter and negotiations.
      There are no oral conditions precedent to the effectiveness of this
      Agreement.

    

    10. Amendments.
      No
      amendment, modification or termination of this Agreement or waiver of any right
      hereunder shall be binding on any party hereto unless it is in writing and
      is
      signed by the party to be charged.

    

    11. Severability.
      If any
      term or provision set forth in this Agreement shall be invalid or unenforceable,
      the remainder of this Agreement, or the application of such terms or provisions
      to persons or circumstances, other than those to which it is held invalid or
      unenforceable, shall be construed in all respects if such invalid or
      unenforceable term or provision were omitted.

    

    12. Successors.
      The
      terms of this Agreement shall be binding upon, and shall inure to the benefit
      of, the parties hereto and their respective corporate successors or heirs and
      personal representatives.

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

       

    

    13. Rules
      of Construction.
      In this
      Agreement, words in the singular number include the plural, and in the plural
      include the singular; words of the masculine gender include the feminine and
      the
      neuter, and when the sense so indicates words of the neuter gender may refer
      to
      any gender and the word “or” is disjunctive but not exclusive. The captions and
      section numbers appearing in this Agreement are inserted only as a matter of
      convenience. They do not define, limit or describe the scope or intent of the
      provisions of this Agreement.

    

    14. Notices.
      Any
      notice, request or other communication required or permitted to be given under
      this Agreement shall be in writing and deemed to have been properly given when
      delivered in person, or when sent by telecopy or other electronic means and
      electronic confirmation of error free receipt is received or two days after
      being sent by certified or registered United States mail, return receipt
      requested, postage prepaid, addressed to the party at the address set forth
      next
      to such parties’ name at the heading of this Agreement. Any party may change its
      address for notices in the manner set forth above.

    

    15. Choice
      of Law.
      The
      parties hereto agree that this Agreement shall be governed by the laws of the
      State of Indiana.

    

    16. Counterparts.
      This
      Agreement may be executed in any number counterparts, all of which shall
      constitute one and the same instrument, and any party hereto may execute this
      Agreement by signing and delivering one or more counterparts. Delivery of an
      executed counterpart of this Agreement by telefacsimile shall be equally as
      effective as delivery of an original executed counterpart of this Agreement.
      Any
      party delivering an executed counterpart of this Agreement by telefacsimile
      also
      shall deliver an original executed counterpart of this Agreement but the failure
      to deliver an original executed counterpart shall not affect the validity,
      enforceability, and binding effect of this Agreement.

    

    [SIGNATURE
      PAGE IMMEDIATELY FOLLOWS]

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    

    IN
      WITNESS WHEREOF, the parties hereto have caused this Agreement as of the date
      first above written.

     

    
      
        	 	Debtor:
	 	 
	 	 
	 
 	KH
                FUNDING
                COMPANY
 
	 	 
	 	By: 
                	 
	 	Name:
                	 
	 	Title:	 
	 	 	 
	 	Creditor:	 
	 	 	 
	 	 	 
	 	WELLS FARGO BANK, N.A.
	 	 
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	Broker:	 
	 	 	 
	 	
                LINCOLN
                  FINANCIAL ADVISORS

                CORPORATION

              
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	
              
	 	 

      

    

    

     

    
      
         

      

      
        5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00108-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00108-of-00352.parquet"}]]