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200403825
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Last modified
10/16/2011 3:00:44 PM
Creation date
10/21/2005 12:45:06 AM
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DEEDS
Inst Number
200403825
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200403825 <br />Section 7. Each of the Building and Equipment Bonds shall be executed on behalf of the <br />Corporation with the manual or facsimile signatures of the President and Secretary and shall have the <br />Corporation's seal affixed thereto or imprinted thereon. Subject to the provisions of Section 11 of this Article <br />I1, a supply of bond certificates for issuance upon subsequent transfers or in the event of partial redemption <br />shall also be so executed and delivered to the Trustee. In the event that such supply of bonds shall be <br />insufficient to meet the requirements of the Trustee for issuance of replacement Building and Equipment <br />Bonds upon transfer or partial redemption, the Corporation agrees to order printed an additional supply of <br />bond certificates and to direct their execution by manual or facsimile signature of its then duly qualified and <br />acting President and Secretary and by having affixed thereto or imprinted thereon the Corporation's seal. In <br />case any officer whose signature or facsimile thereof shall appear on any Building and Equipment Bond shall <br />cease to be such officer before the delivery of such Building and Equipment Bond (including any Building <br />and Equipment Bonds delivered to the Trustee for issuance upon transfer or partial redemption), such <br />signature or such facsimile signature shall nevertheless be valid and sufficient for all purposes the same as if <br />such officer or officers had remained in office until the delivery of such Building Bond. Upon execution, <br />registration and authentication of the Building and Equipment Bonds, they shall be delivered by the Trustee <br />to Ameritas Investment Corp, as initial purchaser thereof, upon receipt of $867,240 plus accrued interest <br />thereon to date of payment for the Building and Equipment Bonds. Said initial purchaser shall have the right <br />to direct the registration of the Building and Equipment Bonds and the denominations thereof within each <br />maturity, subject to the restrictions of this Indenture. <br />Section 8. Only such Building and Equipment Bonds as shall have endorsed thereon a <br />Certificate of Authentication substantially in the form hereinabove set forth, duly executed by the Trustee, <br />shall be entitled to any right or benefit under this Indenture. No Building and Equipment Bond shall be valid <br />or obligatory for any purpose unless and until such Certificate of Authentication shall have been duly <br />executed by the Trustee and such executed Certificate shall be conclusive evidence that such Building and <br />Equipment Bond has been authenticated under this Indenture. <br />Section 9. In case any Bond issued hereunder shall become mutilated or destroyed or lost, the <br />Corporation shall, if not then prohibited by law, cause to be executed, and the Trustee may authenticate and <br />deliver a new bond certificate of like series, date, number, maturity and tenor in exchange and substitution for <br />and upon cancellation of such mutilated bond certificate, or in lieu of and in substitution for such lost bond <br />certificate, upon the holder paying the reasonable expenses and charges of the Corporation and the Trustee in <br />connection therewith, and, in case of a bond certificate destroyed or lost, such owner's filing with the Trustee <br />evidence satisfactory to it that such bond certificate was destroyed or lost, and of such owner's ownership <br />thereof and furnishing the Corporation and the Trustee with indemnity satisfactory to them. <br />Section 10. Additional series of Bonds, including Bonds issued for refunding purposes, <br />having status and rank equal to any of the Building and Equipment Bonds which are to remain outstanding <br />after the issuance of such additional series of Bonds, may be issued only if the basic payments payable under <br />the Contract, as then amended, are and will be sufficient to meet the payments of principal and interest on all <br />Bonds to be outstanding under the Indenture, from and after the issuance of such additional series of Bonds, <br />as the same fall due. <br />Section 11. As initially issued the Building and Equipment Bonds shall be issued as "book - <br />entry-only bonds" using the services of the Depository Trust Company (the "Depository"), with one <br />typewritten bond per maturity being issued to the Depository. In such connection, the Corporation and the <br />Trustee agree to execute and deliver a Letter of Representations (the "Letter of Representations ") in the form <br />required by the Depository (which may be in the form of a blanket letter, including any such letter previously <br />executed and delivered), which shall govern certain matters with respect to registration, transfer, payment and <br />11 <br />
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