Laserfiche WebLink
~a.~I~~~~ B <br />T7 <br />LEASE AGP,E£~IENT <br />between <br />HOSPITAL AUTHORITY NO. 1 <br />OF HALL COUNTY, NEBRASKA, as Lessor <br />and <br />REGION III FACILITIES CORPORATION <br />` as Lessee <br />Schedule of Basic Rent <br />Payable by Lessee <br />{All Basic Rent Payable <br />to Commercial National Bank 5 Trust Company, <br />Grand Island, Nebraska, as Trustee) <br />Amounts Due on June 20 and December 20 of each of the <br />yc8rs ~i,vwia below: <br />Year June 20 December 20 <br />1979 none $16,001.00 <br />1980 $16,810.20 $16,810.20 <br />1481 - $136,810.20 $7,905.00 <br />1982 $17,905.00 $7,567.50 <br />1983 $17,567.50 $7,230.00 <br />1984 $17,230.00 $6,890.00 <br />1985 $16,890.00 $6,550.00 <br />1986 $21,550.00 56,032.50 <br />1987 $21,032.50 $5,515.00 <br />1988 $20,515.00 $4,99.0.#10 <br />1989 $19,990.00 $4,465.00 <br />- 1990 $19,465.00 $3,932.50 <br />1991 $23,932.50 $3,212.50 <br />1992 $23,212.50 $2,472.50 <br />193 $22,472.50 $1,722.50 <br />1994 $21,722.50 $462.50 <br />19}5 $25,962,50 none <br />The initial rental payment due December Z0, 1979 shall <br />be credited to the Debt Service Reserve Fund. Thereafter monies <br />received by the Trustee whether from Lessee or P,egion III under <br />the Sublease shall in each period from July 2 to July 1 of the <br />following year {both dates inclusive) be credited to the Bond Fund <br />until there is on deposit in such fund an amount sufficient to pay <br />all principal and interest falling due during such period and <br />thereafter shall be credited to the Debt Service Reserve Fund. <br />For those rental payments due June 20, 1980, December 20, 1980 and <br />June 20, 1981. the Trustee shall be authorized to transfer monies <br />from the Debt Service Reserve Fund to the Bnnd Fund in the amount <br />of $10.20-for each of said payments provided that rentals paid <br />under the Sublease at such time are then current. <br />