Laserfiche WebLink
~~ <br />8~-~-- a~Cl2(3 <br />Section 1: Sections 245, 406, 247 and 211 of the> <br />original Mortgage are hereby incorporated by reference <br />and s;iall be ag~Zlicable to tkse Series B Bonds ire the same <br />manner as they apply to the: Series A Bands. <br />Section 8`. The Series B Bonds are issued on a <br />parity with the Series A Bonds pursuant to the provisions <br />of section 2 4 of the: origins Mortgage and-prior to the- <br />3elivery of the Series B Bonds, the items requred..by <br />said Section 2l4 shall be filed with the 'trustee. <br />Section. 9. Additional bonds of series other than.. <br />tile-Series A Bonds and-the Series B Bonds, payable-anal: <br />secured an a parity with the Series A-Bondscand Series B <br />Bonds, shall not be issued iss the future until. and: unless <br />there is compliance with the requirements of Seaton 214. <br />of tha original Mortgage and provided further, that there <br />is also compliance with each of the following:.: <br />a. The County has not been.. in default under <br />t2ae Mortgagee.. <br />b. C?~ief Industries, Inca `say not been in <br />default under the Lease and the issuance <br />of such additional bonds will not cause: <br />Ck:ief Ind'ustxies-, Incr. to tae in default <br />under the Lease or cause it,te not be in <br />compliance with. the fi~sancal covenants: <br />of said Company under the Lease. <br />c. Proceeds of cry bonds.. of` other series <br />shall he used only far the refunding of <br />any prior series of bends (if permitted <br />by the Mortgage or Supplement applicable <br />thereto? and the acquisition or construc- <br />tion of additions, extensions. or improve- <br />menu to the demised Premises. or a combi- <br />nationof such refunding, acquisition or <br />construction, a_nd only if all property so <br />acquired or constructed is tv be located <br />and used wir_hin ;loll County , *Iebras'ra. <br />~. The County and the Company shall, prior <br />to the issuance of such bonds of other <br />series, enter into amendments to the <br />Lease providing for ii; pamet:t of addi- <br />~y~„al busiv _ nral, sufficient to fully <br />cover all principal aced interest require <br />nsents of such bonds of other series; <br />(}Jr payment as additional rental o£ all.. <br />taxes, assessments, insurance premiums,. <br />exFF'nse or repairs one maintenance, arsd <br />fees and expens~:s of the Trustee bw <br />reason cfsuch acquisition, Constructions <br />and issuance of bends of other series; <br />and (ct acguisition at file Co~aoariy's, <br />~~~~ <br />