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<br /> A;OR'1'GAGli Ai�D I :vllL•'N'1'UItP. Ul� 'l'ItUST
<br /> '1'lil:i PiORTGAGL' ArD LNUiiNTURL UF 7'ItUST (hcrei�t ca.l. led Cl�e "Diort };age " or " tlii:t
<br /> itortga�;e" ) , dated �ts nE t: he lse dav of. OcCober , 197G , by and bet�.eeu `P111i \� ].I.LAGI: Ui'
<br /> ' N.UA in the 5Cate of t�ebraslca (hereittaCCer sumetlmes cal_l.ed Llte " Lessor" ) , aud
<br /> TATIO�Ai. IlANh OP CUNML'RCIi TRUiT ANU SAViNGS AS50C1:A'tION , a national banlci.ng assucialiou ,
<br /> � or�anized and existiny, under tlie ].aw� uE Che Uui. Ce�l SCate� of America auct liavin�; iCr
<br /> uttice in the Cf. ty of Lincolu , Nebrasl:a , which i� aulhorized uucler su�.h lcaws to exercise
<br /> corporal:e trust pouers and is suU� ec� to r. xaminaCiutt by P'ederal authoritl; as trustee
<br /> � (ssid Crustee and any banlc or truct' compan,y becoming successor tcustee wtder Lliis Mortga�e
<br /> Ueing hereina[ ter someCimes called tlie "Trusl-ee" ) ,
<br /> r ; tdITNL' SSf, Ttl :
<br /> t I��HGRF.AS , tlie Lessor is authorized Up C}ie NeUraska Con:> titutiou aud ChapCer 1L� ,
<br /> �' Article 16 , Nebraska ltevised SL- atutes , 19 /i3 , as ameuded (hereinafter eomet- imes collectively
<br /> >
<br /> `; referred to as the "AcC " ) , Co acq�iire a leasehold interest in latid and co cunstruCt ur
<br /> ncyuire manufacturing and industrial plant buildings and related improvements aud machinerp ,
<br /> equipment , fisCures and otlier personcil. yroperCies der_med uece,sary in coune� tion Chereuith ,
<br /> and lo lease ehe r,ame as a pro.ject in order to provi.de Por the acquisition , pucchase , cou- -
<br /> strucCion , improvemenl , betLerment and exteusiun of industrial developmeuC in Ne6raalca , and ,
<br /> ��r �
<br /> a,
<br /> CJIIBAh:e15 , Che Lessor. is auChorized by the Act Ce issue reveuue bonds secur. ed by a
<br /> mortpagc on the YroJecC and payaUle so ].e .Ly from Clte revenues derit�ect Irom leasinK the
<br /> ' Pro,ject thus acyuired or constructed tttrouKh the issuauce ot such reve�iue bonds and from
<br /> the f. unds herein esLabliched , aud ,
<br /> ,; IVIICRL•'i1S , undcr 5ect :lon lU3 (c ) oC the lnternal Revenue Code of 1.954 , as amended ,
<br /> 2G USCA 103 (c ) , L' he interest on industrial developmeitt bond3 i.ssued b� a polilical subdi�• isfe�
<br /> of any atate in an aKgregate amounC iioC e :<ceeding [ he maximum amouuL ChereLn prescribed
<br /> for certain indusrr. ial development purposes , a5 provided i.0 su�h Code , is r_xempl [ rom
<br /> � ;j Cederal income taxes , ;� ubjecC , hotoever , Co Che limiCations a�id requisemenL-s uf sucli l.iw ,
<br /> and ,
<br /> lJl{1:RP�15 , Che Lessur itas neKotiated aud , pursuant to a Resolutiou of its Goeerniug
<br /> llody duly adopted aud appreved oti �.� ��. - � � , 197G , ha � enL- ered i.nto a I.ease and
<br /> ' Agreement ( l-l�e " Lease" ) �,� ith 'LV Time Poods , Iuc . , Huctt �'aLle�� , �larylattd , a �tart'.tand corunra-
<br /> Cion yualiLied to do Uusi.ue, s in �ebrar, ka , ( Cl�e "Cumpan�� " ) , pre�licaced upon t:he f. indintts and
<br /> " deCertninal- tuns bv Che Guverning l3udy uC , aid Lessor , e� , required by the ArC , whereu�tder ,
<br /> colely Irom the proceeds oi' , udt revenue lionds , Che Lessur will acyuire ll ) a11 of tl�e Corr
<br /> pant• rights , tit .Le and I.nteceaC iu certain real propert�� LucaCed near Che Village o [ ALda ,
<br /> Nebrsska , u�id more fully described in Lshibi. t e1 attached 1�ereCo and made a part hereoE ; ( '1. )
<br /> mi i.ndu:; lrial faciliCy 1.acaCed on said prepert �• te be useJ for lhe procese, ing , rturinK ,
<br /> � cleani.n}± , c- eceivins: , ,hi.ppiny, aud �aei �hi.�ik o [ popcoen aud a11 related equi�?ment and ni3chiner�•
<br /> 3 , ( c�aid land and facilil'y l�erei-n called Clie " Esistink Propert �• " ) and ( � ) ;iddiCions , Lutprove-
<br /> 't ments and extensiuns to the G:cisting Prepert � Co be fincmced ouC uE t: he proceeds of the
<br /> k l lfo!tdr, (all oE i;hich are cullecti��elY i-eterred te as the " PrvjecC " and h.i;; leased Clie 1' re,jecl-
<br /> Co Che Compam� in con.^, LdcraCion ol' renCals tc.� be p�iid into a Bond Fuud whi.ch wtli be su [ -
<br /> flcicnt to pa�+ Clie prLncipal of and Lhe inCeres [ on lhe revenue bonds issued b�• ehe l.esFur ,
<br /> � ':i and Co finance Che 1` ro,jecC , nc; I�erein recited , aattd ,
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<br /> W116RLr15 , Che acquisition and ].easi. ny, o [ Che Fro.j � ct .iud Che insuanr. e of reveuue
<br /> Uond �3 by the Lecisoc , ae hereLt reclCed �nd provided , �aili secve Che intended accompli�h-
<br /> mentH and i_n all respects conf. orm I: o the provic� ions and requiremeu� , et Lhe 1ct , aud ,
<br /> {�'liliRliAS , lhe Lessor ma�• , it` reyulred i❑ connecCion wit}t fuCure expc�nsien of or
<br /> improvementF to Che 1' roJert , deCermiue Cu issue addlCioual seriea uI bunds under and iu
<br /> � ' aCcordance ��� ith Che tcrms uf ChL; MarC �;af;e .
<br /> WIIIiItGAS , Che execuClou and dellvecy vt this MorCy;nf;e aml Che issu �nce aP Che
<br /> . '� Ihdu, l' ri.al I)evelupmenC Ilevanue ISondn wtder Uie AcC have been In al. l re , pects duty �n�
<br /> validly auChocized by .a Kesolution uP Chc l:overnin�; t)ociy of lhe Lessur , Jul�� adapCed and
<br /> npproved on --(> ! i " �' �' r 1 � , 197G , and ,
<br /> 1JIIGR[iA5 , it har bcen determiited Lhat tlie fulr n,lrlceC ��alue ut fhe lixictLnk �
<br /> Yroperty and .ill addiCions and improvemr.nts Co the Yro,jecC will be Jn excese oC Che �mouut "" ` � �
<br /> of. �such Uond ieccue , und , ev _.
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