MUNICIPAL INVESTMENT TR FD INTERM TERM SER 414 DEF ASSET FDS
487, EX-99.C2, 2000-08-17
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                                                                     EXHIBIT 4.1

                           KENNY INFORMATION SYSTEMS,
                      A Division of J. J. Kenny Co., Inc.
                          55 Water Street, 45th Floor
                            New York, New York 10021
                            Telephone: 212-438-2000
                             Fax: 212-438-3985/3986
                             Frank A. Ciccotto, Jr.
                                 Vice President


                                                                 August 18, 2000


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<S>                                       <C>
Merrill Lynch Pierce Fenner & Smith
Incorporated
Defined Asset Funds
P.O. Box 9051
Princeton, NJ 08543-9051
The Bank of New York
101 Barclay Street, 17 W
New York, N.Y. 10286
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Re: MUNICIPAL INVESTMENT TRUST FUND,

    INTERMEDIATE TERM SERIES 414

    DEFINED ASSET FUNDS

Gentlemen:


    We have examined the Registration Statement File No. 333-38546 for the
above-captioned fund. We hereby acknowledge that Kenny Information Systems, a
Division of J. J. Kenny Co., Inc. is currently acting as the evaluator for the
fund. We hereby consent to the use in the Registration Statement of the
reference to Kenny Information Systems, a Division of J. J. Kenny Co., Inc. as
evaluator.


    In addition, we hereby confirm that the ratings indicated in the
Registration Statement for the respective bonds comprising the trust portfolio
are the ratings indicated in our KENNYBASE database as of the date of the
Evaluation Report.

    You are hereby authorized to file a copy of this letter with the Securities
and Exchange Commission.

                                          Sincerely,

                                          FRANK A. CICCOTTO, JR.
                                          VICE PRESIDENT


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