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a . . . . . . ' . . . . . � s�'S:. �
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<br /> N� . , _ 7b_ oos5i2
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<br /> > Y; manner and on the terms set forth therein . In addition to the
<br /> ir� foregoing , there is herehy reserved to tne Lessee the rieht , and � he
<br /> " � Lessee is hereby authorized and permitted , at any tir„e and as oPten
<br /> , � as it may choose , to prepay all or any part of the rents payable
<br /> ' �,� under Section 3 . 3 hereof together witn such other a�ounts as shail
<br /> `�� be sufficient to redeem all or a portion of the Bonds in 2ccordance
<br /> 'x with the provisions oi" Article V of the Indenture , and the kuthority
<br /> -; agrees that the Trustee may accept such prepa�Iments of rents and other
<br /> �;# sums when the sar.ie are tendered by the Lessee . All rents and other
<br /> , � sums prepaid pursu2nt to this Section ; . 6 shall be apolied to the
<br /> r� redemntion of outstanding Bonds in tne manner and to the extent
<br /> ;g orovided for in Article V of the Indenture . In the event of ar.y
<br /> " re3emption of Sonds , the Sche3ule of Rents attached hereto as Exhibit
<br /> �;� B shall be ad� usted to reflect sucn reder�ation by an appropriate
<br /> � amend�cent to this Lease aporoved ir. writing b �� tne ^rustee prior
<br /> ;�
<br /> to the executlon thereof .
<br /> :,;�
<br /> , � Section 3_7 . Other Amounts ?ayable by the Lessee . `Phe
<br /> �� Lessee agrees to oay directly to the Trustee
<br /> �s#
<br /> � ( i ) £or deposit in the Construction Fuad :
<br /> �` ( x ) concurrently nith the ex.ecution and
<br /> idelivery of this Lease a sum eaual to the di �'�erence
<br /> s between ( a ) $ 1 , 466 , 000 and ( b ) ihe amounts expended
<br /> ti by the Lessee for the ProJecc after December 3 � , 1 ? 75
<br /> ,� ( including without limitation , exoenditures for site
<br /> ; � acouis2tion 2nd preparation ) , as certified by the
<br /> � President or any V1ce President of the Lessee , i *
<br /> ,._� being understood that 5700 , 000 of sucn amount will be
<br /> � derived f?�om a loan to be r,�ade bp the Sisters of St .
<br /> Francis of Colorado Snrings , Colorado ( the " Sisters " )
<br /> a'i pu^suant to a 5ubordinated Loan i;�reement dated as of
<br /> ;; October � , 1975 bet�een �ne L•essee end the Sisters ;
<br /> � � and ��
<br /> j
<br /> ;�i ( y ) kdditional su!�s a � �rec�ating $ 071 , 000 on or
<br /> +,,�
<br /> ; ,c prior to Seotember 30 , lc7g ;
<br /> ;.�
<br /> �: ( ii ) tne annual fee of the Trustee °or the ordi .^.a^v
<br /> � SPPV � C ? S Of t �':C `P^UStE2 � 35 T. :'llStee , rendered and �tS � , �
<br /> , ordinar*� er.oenses incurred under tne Innenture , as and
<br /> `� when the same becomes nue ;
<br /> . ,�
<br /> .;.,_ ( iii ) the reasonable fees , cnar�es ar.d er.nenses e .
<br /> :;;� the Trustee , 2s 3ond Registrar and payin;, ageni and an;t
<br /> " '`� o�her pavin� a�ent oz the Bonds for actir.g as paying
<br /> ; � 2gent as provided in the Indenture , as and wnen tne
<br /> '`" same become due ; and
<br /> i?f
<br /> ( iv ) the reasonabie fees , cha^ res and expenses o ''
<br /> '� the Trustee �or the necessary extraordinary services
<br /> ,h::�i
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