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82001123
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Last modified
3/9/2009 11:26:49 PM
Creation date
2/27/2009 5:00:41 PM
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DEEDS
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82001123
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C°' <br />(as that term is defined in Section 21.5 of the Lease,. (a) <br />the variable azinual rate of interest on the-l4$2 Bands ot~~er- <br />wse hereinabove. provided for shall be forthwith increased, <br />for the semiannual period then. in effect, to an annual:.rats.... <br />o£ interestlo above +~he Prime Lending Rate in effect at the. <br />clone of business on tine preceding March l or September 1, as <br />the case may be, and (b) subsequent semiannual adjustments- <br />.(made in the manner hereinabove specified) shall likewise be. <br />to an annual rate of interest II above the Prime Lending Rate. <br />Interest an th•:: 1482 Bonds shall be payable semiannually, <br />commencing September 1, 3482 and continuing on each March 1 <br />and September I of each year thereafter through and including <br />t~farcr. 1, 1984 in the case of 1982 Band number i and March 1, <br />'x947 in the case of 2982 Bonds numbered 2 and 3. <br />The principal of the 1482 Bands shali be payable as fol- <br />lows: <br />Bond ;Io- 1 - in 3 install.zvents of $25,060 each on Sep- <br />tember i, 1982, `farc?-t 1, 1983 and Septem- <br />ber 1, 2483 and a final installment of <br />$205,606 on .March 1, 1484; <br />Bond ~o. 2 - in ?.5 installrsents of $5.,555.35 each, be- <br />ginning September 1, 1484 and continuing <br />on eac;:.~'iarch I <~nd September 1 of each <br />year thereafter, to and including Sep- <br />tember 1, 1996, and a final installment of <br />$61,116.25 an 4;arch 1, 1447; and <br />Bond ivo, 3 - in 25 installments of $4,499.65 each, be- <br />ginning September 1, 1984 and continuing <br />on each March I and September l of each <br />year thereafter to and including Septem- <br />bet 1, 399b, and a final installment of <br />$120,008.75 an March I, 1.997. <br />Payrxents of prinoipal and interest an the Bands sha11 be <br />made. by check or draft of the Trustee mailed or otherwise. de- <br />livered.to the registered owner thereof at its registered <br />address as shoes n on the books of registry maintained by the <br />Trx~stee in its capacity as iiegistrar and Paying Agent for the <br />1982 Bonds, <br />Past-due ins tailnents of principal anti interest shall, <br />fc:r awl periods when the variable rate of interest on the <br />9FS~ bo;;ds is calculated on the basis of 65 n of the Pxi*ne <br />i_er~d~n~ Rate, carry interest equal to 80 of the prime Lend- <br />r~'. hate as in effect on the d~w~e date of suci^ i:~staLment¢ <br />~:~s_ , <br />,.l_ 7,. <br />
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