82002566 - Laserfiche WebLink

Browse

I ~?~.~ (} l1-~ aJ 4,i ~3 'commercial prime lending rate-adjusted every six mo:~ths oa the .first day of the rnoh h beginning Su1y 1, 1984, provided the-rate shall never exceed a maximum late of fifteen percent (i5$) pexannum and the rate.: shall never be leas than ten percent {103) per.. annum, tt-~e-maximum and the minimum rates-of interest:. provided herein apply exclusive y'to the rates of interest per annum to be paid on the Bonds and sha11 not be applied to the national commercial prime rate of the:Omaha National Bank... {3) This Bond is one of an authorized issue of Bonds Limited, except as provided with respect to tlddtiorral Bond , in aggregate principal amount to $4, 250',OD-0 (the "Bonds"} issued for the purpose of providing funds to finance, .the acquisition,' construction, improving and equipping of land -:and certain industrial development facilities (which` and annd facilities ,are hereinafter re~erred to as `the,"Project") and paying necessary expenses incidental thereto. To provide for 'the payment'o£ the Bonds, .the Project has been leased by 'Issuer- o Cornnuts, Inc.',. a California corporation ("Company"), under the terms of a ~ease_Agreement, dated as of 3une'1,:1982 '{which agreement, as from time to time amended and' upplemented`, is herenaLt~'r refetrea to as the' "?,greement")-, under. which Company is obligated to pay amounts which are sufficient to, pay `(1) the principal of and premium, if any,:.:and interest on the Bonds 'as the same :shall ,become due in accordance with their terms and provisions and the terms and provisions of the Indenture _(as hereinafter defined), and (2) the. fees and expenses of Trustee and an-~ paying agents properly payaoie under the .Indenture-and:cer- tain'expenses of <Zssuer"related to the Project'. The Bonds are also secured.-b¢ a mortgage: lien in the Project.` Payment of principal, premium, if a,,v, and interest on this Bond is-unconditionally guaranteed by Cocnnuts'Inc., pursuant to a'Guaranty Agreement sated-June 1,'1982. {4) This Bond is ransferable by the registered holder hereof in person or by his at otney duly authorized in writs- ng at the principal corporate trust office of Trustee in -0maha Nebraska, but only-in the manner, subject to the limitations and upon 'payment of the charges provided in the Indenture,rand upon surrender 'and'cance2lation of'this Bond... Upon such transfer.:a new registered Bond, or Bonds of; the same series and the same maturity and'.of authorized denom:zation or denominations fbr the same aggregate principal amount will be issued to the transferee is exchange therefor. Sssuer, Trustee and any paying agents may deem and treat the regis- tered holder hereof 'as the absolute owner hereof {whether or not his Bond shall be overdue) for. the 'purpose of receiving' C-2