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<br />82---~ul~:'
<br />variable annual rate of interest otherwise hereinabove pro-
<br />vided for shall be forthwith increased, for the semiannual
<br />period then in effect, to an annual rate of interest 1; aboz.Te
<br />the Prime Lending Rate in effect at the: close of business on
<br />the preceding March i or September 1, as the case may be,
<br />and (h} subsequent semiannual adjustments (made in the manner
<br />herenabove specified} shall likewise. be to an annual rate: of
<br />interest 11 above the mime Lending Rate.
<br />The interest hereon is payable semiannually commencing-
<br />September 1, 1482 and continuing on each March 1 and Septem-
<br />bet 1 of each year thereafter through and including {i:z Bone
<br /><~tc. insert: Piarch 1, 1984; anci in 3crsi .Ncs. 2 and 3 insert:
<br />March 1, 1997). The principal hereof shall be payable in
<br />din IIcnd h>o. 1 ar:sert: 3 installments of $25,000 each on Sep-
<br />tember 1, 1982, Mare: 1, 1983 and September 1, 1983 and a
<br />final installment of $205,000 on March 1, 1984, in. Brn~3 ,'t'o. 2
<br />in3ert: (a} 25 installments of $5,555.35 each, begin~ng Sep-
<br />tember 1, 1934 and co,~tinuing an each March 1 and September 1
<br />of each year thereafter, to and including September 1, 1995,
<br />and (b) a final installment of $bl,llb.25 an March 1, 1997;
<br />and °:n ~orrt ,~,-,-. 3 >n2ert: (a) 25 installments of $9,999.65
<br />each, beginning September 1, 1984 and continuing on each
<br />March 1 and September 1 of each year thereafter, to and includ-
<br />ing September 1> 1995, and (b} a final installment. of $110,008.75
<br />on ;March 1, 1997.] Fast due installtents of principal and
<br />interest shall, for all periods when the variable rate of
<br />interest hereon is calculated an the basis of SS/ of the Prime
<br />Lending Rate, carry interest at a rate equal to 8{7;0 of the
<br />Prime Lending Rate as in effect an the due date of such install-
<br />ment, until paid in full. During other periods, the same shall
<br />carry interest at a rate equal to 1101 of the Prime Lending
<br />Rate as ^n efface on- the due date of such installment, until
<br />paid in full.
<br />Payments of the principal of and. interest hereon shall
<br />be made by cheek or draft mailed by The t~verland National Bank
<br />of Grand Island, in the City of Grand Island, Nebraska, as
<br />Trustee, Registrar and Paying Agent (the '°Trustee'"} to the
<br />registered owner hereof. at i.ts address as it appears in the
<br />'books of registry kept pursuant to the Indenture trereinafter
<br />mentioned. Principal of, pre~..ium, if any, and interest an
<br />this Bond are payable in lawful coney of the l;nited States of
<br />;Kmerca,
<br />This Bond is one of an authorized issue of Bonds (herEin
<br />together coiled the "Bonds"} issuable in series without ex-
<br />press liFnit as to principal amount. The series of Bonds rep-
<br />resented hereby is designated Series 1982, and. has been issued
<br />far the puzpose of acquiring certain property located in Hali
<br />County, Nebraska (the "Project"). Said Bonds are all issued
<br />under and are a.ll ratably and equally secured and entitled to
<br />the protection given by an Indenture of Trust dated as of
<br />Marc!x 1, 1982, as from tisae to time amended and supplemented
<br />{the "'Indenture''), duly executed. and delivered by the Issuer
<br />to the Trustee., which Indenture alas been duly recorded in the
<br />o:~fice of the Register of €~eeds of Hall County, Nebraska, and
<br />reference is herby made. to the Indenture (inclusive of all
<br />supplements thereto,} for a description of the property cnort-
<br />gaged, the provisions.. among others, with respect to the
<br />nature and extent of th+e security, the rights, duties and
<br />abl~atiaz~s of the Issuer, the Trustee and the registered
<br />ow~zers and holders of the Bands and the terms upon which the
<br />Bonds are issued and secured.
<br />'t'his.. Bcsnx~ is subject to redemption. at the option of the
<br />;4t=,::s in ~?7©.'~ or in part on any interest payment date ;~t zi
<br />zc~.:er,<~ :c?r, air; ce equal to the principal asssount hereof to be
<br />sec:.=~m~~. p1~.4 accrued interest to the date of redemption.
<br />
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