Common use of Description of the Bonds Clause in Contracts

Description of the Bonds. Bonds: $6,341,135 Enhanced Custody Receipts, Series 2008 CDB-2E, relating to $6,804,815 Unenhanced Custody Receipts, Series 2008 CDB-2U, evidencing an interest in Multifamily Mortgage Revenue Refunding Bonds 2001 Series I (Fairmont Oaks Apartments)3 Issuer: Florida Housing Finance Corporation Credit Enhancer (Principal Credit Source): Bank of America, N.A. Credit Enhancement: Irrevocable Direct Pay Letter of Credit No. 3094317, dated July 3, 2008. Custody Agreement: Enhancement Custodial Agreement, dated as of July 3, 2008, with respect to the Enhanced Custody Receipts, Series 2008 CDB-2E, among Deutsche Bank Trust Company Americas, as custodian, Bank of America, N.A., as administrator.4 Principal Coverage Factor: 100% Credit Enhancement Stated Expiration Date: July 2, 2009 (subject to extension)

Description of the Bonds. Bonds: $6,341,135 13,855,072 Enhanced Custody Receipts, Series 2008 CDB-2E, CDB-3E relating to $6,804,815 13,855,072 Unenhanced Custody Receipts, Series 2008 CDB-2UCDB-3U, evidencing an interest in Multifamily Mortgage Multi-Family Housing Revenue Refunding Bonds 2001 2000 Series I B (Fairmont Oaks Apartments)3 Iona Lakes Project)6 Issuer: Florida Housing Finance Corporation Credit Enhancer (Principal Credit Source): Bank of America, N.A. Credit Enhancement: Irrevocable Direct Pay Letter of Credit No. 30943173094318, dated July 3, 2008. Custody Agreement: Enhancement Custodial Agreement, dated as of July 3, 2008, with respect to the Enhanced Custody Receipts, Series 2008 CDB-2ECDB-3E, among Deutsche Bank Trust Company Americas, as custodian, Bank of America, N.A., as administrator.4 administrator.7 Principal Coverage Factor: 100% Credit Enhancement Stated Expiration Date: July 2, 2009 (subject to extension)

Description of the Bonds. Bonds: $6,341,135 9,109,094 Enhanced Custody Receipts, Series 2008 CDB-2ECDB-11E, relating to $6,804,815 9,109,094 Unenhanced Custody Receipts, Series 2008 CDB-2UCDB-11U, evidencing an interest in Multifamily Mortgage Multi-Family Housing Revenue Refunding Bonds 2001 Series I G (Fairmont Oaks Apartments)3 Lake Forest Apartments).1 Issuer: Florida Housing Finance Corporation Credit Enhancer (Principal Credit Source): Bank of America, N.A. Credit Enhancement: Irrevocable Direct Pay Letter of Credit No. 30943173094326, dated July 3, 2008. Custody Agreement: Enhancement Custodial Agreement, dated as of July 3, 2008, with respect to the Enhanced Custody Receipts, Series 2008 CDB-2ECDB-11E, among Deutsche Bank Trust Company Americas, as custodian, Bank of America, N.A., as administrator.4 administrator.2 Principal Coverage Factor: 100% Credit Enhancement Stated Expiration Date: July 2, 2009 (subject to extension)

Description of the Bonds. Bonds: $6,341,135 3,600,665 Enhanced Custody Receipts, Series 2008 CDB-2ECDB-6E, relating to $6,804,815 4,074,764 Unenhanced Custody Receipts, Series 2008 CDB-2UCDB-6U, evidencing an interest in Multifamily Mortgage Housing Revenue Refunding Bonds 2001 (Gardens of DxXxxxxxx Apartments) Series I (Fairmont Oaks Apartments)3 2007.4 Issuer: Florida Northwest Central Texas Housing Finance Corporation Credit Enhancer (Principal Credit Source): Bank of America, N.A. Credit Enhancement: Irrevocable Direct Pay Letter of Credit No. 30943173094321, dated July 3, 2008. Custody Agreement: Enhancement Custodial Agreement, dated as of July 3, 2008, with respect to the Enhanced Custody Receipts, Series 2008 CDB-2ECDB-6E, among Deutsche Bank Trust Company Americas, as custodian, Bank of America, N.A., as administrator.4 administrator.5 Principal Coverage Factor: 100% Credit Enhancement Stated Expiration Date: July 2, 2009 (subject to extension)