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KUTAK ROCK LLP <br /> October 15, 2015 <br /> Page 3 <br /> This opinion may be relied upon solely by the addressee hereto in connection with the <br /> execution and delivery of the Loan Contract. This opinion may not be relied upon for any other <br /> purpose or by any person other than the addressee. <br /> Sincerely, <br /> Kutak Rock LLP <br /> JAM/Me '-‘41°4-661--ej- C-4 <br /> By: Saranne Maxwell, Partner <br /> cc: Peg Mason <br /> Contracts Manager, CWCB <br /> Joan Fritsche <br /> General Counsel to Borrower <br /> 4812-7150-3401.1 <br />