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<br />84- 005448
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<br />"Governing Body" means the Board of supervisors of the
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<br />Issuer.
<br />
<br />"Guaranty Agreement" means the Guaranty Agreementr
<br />dated as of October 1, 1984, given by the Company and accepted by
<br />the Bondholder, pursuant to which the Company uncondictionally
<br />guarantees completion of the Project and the timelyp.aymecnt of
<br />all principali premium; if any: and inter~st on the Bo~d~
<br />
<br />
<br />"Improvements" means all structures, buildings
<br />improvements of every kind and description now or at any time
<br />hereafter located upon the Premises I incluoinq all fixture"s
<br />incorporated therein, and any additions to, substitutions for,
<br />changes in or replacements of the whole or any part thereof,
<br />including such of the foregoing as may be used in connection with
<br />the generating or distributing of air, water, heat, electricity,
<br />light, fuel or refrigeration or for ventilation or sanitary
<br />purposes or for the exclusion of vermin or insects, or for the
<br />removal of dust, refuse or garbage, now or any time hereafter
<br />affixed to, attached to, placed upon or used in any way in
<br />connection with the use, enjoyment, occupancy or operation of the
<br />Project or any portion thereof.
<br />
<br />"Independent Counsel'" f:.5 any a'-::orney duly admitted
<br />to practice law before t.he high_ c l: court of any state and not an
<br />officer or a full time employee of the Issuer ore the Company.
<br />
<br />"Issuer" means the Coun-ty of Hall, Nebraska, a County
<br />organized and existing under the laws of the Stat~ of Nebraska,
<br />being a body corporate and politic, its successors and assigns.
<br />
<br />"Lease" means the Lease Agreement, dated as of October
<br />1, 1984, between the Issuer, as lessor, and the Company, as
<br />lessee, which provides for the leasing of the Project by the
<br />Issuer to the Company at Basic Rental payable in amounts and at
<br />times sufficient to pay the installments of principal, premium,
<br />if any, and interest on the Bond when due, as from time to time
<br />amended or supplemented.
<br />
<br />"Mortgaged Property" means any and all property or
<br />interest therein, whether real or personal or tangible or
<br />intangible, mortgaged or pledged to the Bondholder, or in which
<br />the Bondholder is granted a security interest, to secure the
<br />pay~ent of principal, premium, if any, and interest on the Bond
<br />and all other obligations of the Issuer under the Bond, the Bond
<br />Resolution, this Mortgage and the Assignment of Rents, including,
<br />but not limited to, the property described in paragraphs I, II,
<br />III, IV, V, VI, VII, VIII and IX of the granting clause of this
<br />Mortgage.
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