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82002566
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Last modified
3/10/2009 6:29:56 AM
Creation date
2/28/2009 1:13:01 AM
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DEEDS
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82002566
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v_ ._ <br />82- c3 ~ 2 5 <br />PECtTNIARY LIABILITY ~QF TAE ISSt7ER -0R A CHARGE AGAINST THE <br />ISSUER'S GENERAL CREDIT OR TAXING POWERS. Neither the faith <br />and credit nor the taxing cower of the State bf Nebraska, or <br />any political subdivision thereof, is pledged to the payment <br />of the principal of the. Bonds or the interest Thereon or <br />.other-costs incidental thereto. Rental-payments saffisier.t <br />for the prompt payment, when due, of the principal of and <br />premium, f'any, and .interest on he 3onds are to be paid to <br />Trustee fore the account of Issuer and deposited in a special <br />account created by Lssuer ahd desgna ed'"The County of Hall, <br />Nebraska.Industcia Development Revenue Bond: Fund, Cornnu s, <br />Inc.. Proj`ect," and such rep a payments have been duly <br />pledged and assigned for that purpose, and in addition, the <br />rights of Issuer (other than-certain indemnification rights <br />and the paymen 'of certain expenses of<Issuer related to the <br />Project) under the Agreement have been as greed to Tru tee to <br />secure payment o€ such principaland premium, if any, and <br />interest" under the Indenture`. <br />@14) :The holder,of this Bond shall-have no right to <br />enforce the provisions of-the Indenture':br to institu e- <br />action to enfo~e t:e Govenant5 thetei[1r cr -to take.. aay <br />action wi h respect to any event of default under 'the <br />Indenture; or tb institute, .appear in or depend env suit er <br />other proceedings with'. respect thereto,`un ess an event`of <br />default as defined in the Indentrure shall have occurred: In <br />certain events,'oh..the condi ions, in tree manner and with the <br />effec set forth in the Indenture, the principal of all the <br />Bonds issued under the Indenture and then outstareding may <br />become or may be declared due and payable before the stated <br />maturity thereof, toge her with interest_accrued'thereon. <br />{15) All moneys deposited with Tr!~stee for the payment <br />of principal of premium, if any; or intere t on this Bond, <br />.are presumed abandoned unless, within seven,years after they <br />become payable or distributable,-the person in whose name' <br />this Bond-;is registered has increased or decreased the- <br />principal,,accepted payment of principal or ,income, corYes- <br />ponded in 'writing concerning the property, or'otherwise <br />indicated `an interest as evidenced oy a memorandum on file <br />with the Trustee: In 'such. event, Trustee shall comply with <br />the provisions of the'laws of the State of Nebraska as to the <br />disposition of ..such moneys and Zssuer:and Trustee shall be <br />celieued of all liability, to the ex ent of the`va ue of"such <br />moneys, for any.-claim which exists or may arise with respect <br />to such moneys. <br />(i6) The Indenture permits, with certain-exceptions as <br />therein ;provided, the'amend;nent thereof and the modification <br />of the rgh s and obiigatiohs of Issuer and the rights o€ the <br />C-6 <br /> <br />
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