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<br /> � � � � „ `�ka�",�"�� �"� �
<br /> � T.�IS LEASE AND SE�URTTY AGREEMENT dated as o £ 3une 1 , `� ����¢��"��,,,""� ��";�l
<br /> 7977 , beCwe�ti Etcsspita�l Acathvrity I3o . �� 1� af Ha1I Gounty , ht�hras�Ca. , a � �w�„ �� a��k�����r+'� �'�+ �
<br /> public ' crrrporaCi.on ax�d bocl3r gcr iitic ihereinafter cal led '� the �����>"� `�;j;� ����� � °��+���
<br /> .�'y1 � �ui �t'Y ��y�
<br /> Issuer" ? , and Luthex�a Haspit � is a�cd Eir�mes fiocie? tp a £ Ar,�� cir a . -a ���q�"�`;`,�.����,������+�`��n� "�
<br /> Ttrrth Dakota �iconpiofrit corporatzon (heseinafter callad the s��,� ���r'����,4< ''�'��r
<br /> T�n�nt " ) presuir�es = _ ���p �`r�'��„?�+�¢���y' ��
<br /> � � ��K��`�p�� ��'�+, ` r�'�yr�` ��
<br /> RECITALB CF THE �SSUER ` ��,, ,�.�I x;'>o� � ` � �
<br /> � � � � � � ��ti �� �i �� ° �� ���
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<br /> �� . . . . . . .. 4' �+m e ;4t Yrlr ��q -d�,^sE^t� u Cb b
<br /> � � �O ��fLLY'dRC@ �}3£ 1It2 �.13�, COB � -. Of �S.'+QLii& 1t10R Q � �{ t�lE.' � . ��"yr� �,g'�)'�,'�7+v,re�k ��s '�' •�"""
<br /> .�t . . . . .. � � 'c '��,�.;i��V� , f�,�.
<br /> $roject. ( as her� ina€ rer deEined ) , tha Issuer has ilula aathari,ied ���f :,rK�„"��Y ,,� su����
<br /> tfie cr�aCion of iCs ' � �spital Pacility �-F3even�e Bonds ( Lutts�raa ��y��'s'������i�����
<br /> Haspikal � and HQffies St>ciety Gr,srid Islarad Project � 4hereivatter - ��"�w'������ ' ��' �°���� ��`� ��
<br /> called the `�Bonds " ) ; issusble in one or mare series uzider nnd upon S� �"�°s ����'�t� �"����`���
<br /> the terms set' forth iai " tkie Indenture " ( as herei.naft�r detined ) . � ��r+% �` ���' ��`'r"����
<br /> y "t s 4� �
<br /> ,''+''���¢�r"`�� (�������s"1�'��u���
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<br /> t A� 1 things have been done by the Issues that arti ����4����+�`�'' �ww,.�'�'a� �',,a�
<br /> necessary tc� malce this Lease , when executed and delivere8 by t�e '� �uµf �e���',W�r"��, ,�"'.��
<br /> 3ssuer , a valid Lease , in accordance with its tesms , to zuake the ��*'�'"���r" ���y ��`�" ��`
<br /> � ��e��� �
<br /> Bonds , .when execated i�y tt� e Issuer and authenticated and delivared �'��r r���"x��°�'< ������s'�&�" �
<br /> ucfder the Iudentare `and duly issued by Che Issuer , tize va3id � � �,�"���� t�s�����C�����
<br /> obligatians of the Issuer ' and to constitute the Tndentus� a valid ��''��"y�`� ? �&�`� A" ���''���'
<br /> contract for the security � of tFa: e' Bonds , in accordance wit�i their ���z��� ��;a����'���`�'i�"'��
<br /> � texms . �° ���"``�i;7�{���', ',�`��'���x
<br /> . . . . . � vus . .-`"'i�"'ja j'^�y�K�v"�°'a x �n
<br /> .. .. 4 '� �,w e w �ktb`mp'w �a �t' i
<br /> Thee Tssuer 7�as t3eretofore execated and deliverad th� ���,��,�� -z ` "�;R„�"�, �-�`��
<br /> fi"t �.����iACfY i� HS �
<br /> Indentuze , which has been revi�wed and . approved by .tl3e Tenant � . The �r� T ,;� ��; .,�f���'�ay��r,���€
<br /> ' � i,ssuer �fortlawieh czi11 cause " tk3s Ini.tiai Series Bonds " ( as �� � �,��yd�a""�r4y''��'. '���� �
<br /> hexeinafter defined )' to be executed by tne Issuer and aut�aentacated ��F' wi'� ������'� �`
<br /> �u � �u�,��s � , �'
<br /> „ and delivereii ' und+er tFae Itzdenture aad ' dzily isauec't by the ;Issuer > anci ��; `{'`k��`,��*t;��r xr��
<br /> , so3d to the purchasers theseof pursuant to the terms of tfiat s��u „ �n,r.�1���� +�� ^ ' �
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<br /> , certaiu .Bond Purchase Agreement :among tfie Issuer , the Tenant aad W . ����i���° �a������_�,� '�R�'`,���
<br /> H .. Morton & Co . , Division ofr A�erican E�cpress Co�pany ,, and Ge�win � �e;�n„ �4,, �SF ;��;��,,,,� U�.
<br /> Cam an date�el June 7 1977 . Ttre Issaer will cause the �� '�` ������"�"�" }w�� �
<br /> i P Y , > proceeds : of � �,.r ) � � � �,a�`
<br /> �
<br /> �� � �
<br /> the sale oP the initisl Series Bouds to be de osited as rovide8 za ��� °,k���� �> r� `'`�°�� �
<br /> , F P �r� , -�l.r��''��x�'� �t=
<br /> � tha End,entur�e :� ����;�x �:�r ��� �s��,��, ���"
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<br /> � RF.CITALS flF TFTE T.�iNANT :�� � �y�� ! a -�a +a � �a',�+b�'.$" n^D��^
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<br /> � L �A PL`:tAMOI�I 'C �9
<br /> Al l things tma�re been done by �the Tenan� that are i � ` '�r�, s "`��;*�F��°��"k��':��
<br /> ' �S 'D f � 5 4 �'` 't€ 1 AhS�1M Lj
<br /> , ,. , uecessaxy ta ;maka this Le�:se , wiien execr.�ted and delivered: by tkxe K� � , , ���a �'�..,�������
<br /> Te€�ant , ' s valid lease , in accordance wi �h its Cetms : �� �� yr � e �;rrr, ���� "� �,��
<br /> �� �� � � �d :,,�. �x�`ra��,'�'�'<�'����
<br /> . . . :. �`y s 4 s .� � r } Y>j2.:p,�,�:�
<br /> . �� 'Tt5£ .7'0L13IIt ': tYa38 C31330Cj. ::Gltle . CO t}lE' � -TE3.F. �.�� 8II� �D@rSO1183.. - }y'" t `t �N�ri�.'�'���t "�+�°x' C�yy�N;
<br /> property now caeisLitu� ing rhe Project eo be conv�yed to the lssuer ` 4 ' . ,^;�,s��y v���y' ��
<br /> � � �: f }�h' ra1�' i.,wL�S��QJw'�i�^
<br /> and hss ' a�ze�d to complete constxucCion of the Psoject , $ e � ,F ,.x,,
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