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170-277
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7/8/2017 1:33:33 PM
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170-277
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O O 9 ! Additional' series of bonds may not -be retired <br />by maturities or sinking fund payments at a <br />more accelerated rate than priorseries of <br />bonds <br />Section 20T.--Additional-series of bonds may b e•fully <br />registered (or registrable) as to principal with interest cou- <br />pons, or bearer instruments -with interest coupons, and may be <br />issued in such denominations and may contain such provisions as <br />to redemption and call premium and.such other terms .(not incon- <br />sistent with the Act or this Mortgage) as the County may determine <br />and agree -to and as are set forth in a supplement to this Mort- <br />gage executed by -the County and the Trustee. i. <br />Section 208 This Mortgage -is given in order to secure <br />funds to pay for new construction and, by reason thereof,.it'is <br />intended that this Mortgage be superior to any laborers', mechanics' <br />or materialmen's liens which may be placed upon the Project <br />is <br />Section 209. In case -any bond issued•hereunder�shall become <br />mutilated or be.destroyed or lost,.the County shall, if notthen <br />prohibited by law, cause to be executed, and the Trustee may <br />authenticate and deliver,.a new bond of like date, number, maturity <br />and tenor in exchange and:substitution for and upon cancellation of <br />such mutilated, destroyed or lost bond and its -interest coupons, or <br />in lieu`*of and in substitution for. such bond and its coupons <br />destroyed or lost, upon the holder or owner paying the reasonable <br />expenses and charges of the County and the Trustee in connection <br />therewith and, in case of a bond destroyed or lost, his filing <br />with the Trustee evidence satisfactory to it that such bond;and <br />coupons'were destroyed or.lost, and of his ownership•thereof, and <br />furnishing the County, the.Trustee, the Lessee and the Guarantor <br />with indemnity'satisfactor.y to them; provided, that any bearer <br />bond with-unmatured interest coupons so mutilated, destroyed or <br />lost shall be replaced with a like bearer bond of like tenor with <br />interest coupons, and a registered bond shall be replaced by a <br />registered b•ond.of like tenor with interest' coupons. <br />Section 210. The County covenants and agrees that it will <br />use all reasonable efforts to cause such reissued bonds to be <br />registered with the Auditor of Public Accounts of Nebraska and <br />II -5 <br />Z77. - <br />_-_ - _—"�_•_ _.w.y._41�T-TRlr�1!2fe..v.?^wtT�.`�.'T++iTIT'l'.wrra.r�.+www.aawwrw.fwewrvvr'�[�_w. ✓wwiwra.. .r .r .- -.r. • ...•.. .•... ._�. <br />
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