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81006050
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Last modified
1/14/2010 11:27:18 PM
Creation date
1/14/2010 11:25:20 PM
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DEEDS
Inst Number
81006050
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<br />aA4 <br />8I-- ~4~ ~~35 . <br />17-21 25,000 11/15/89 11.85 59.25 83.22 <br />22-27 30,f00 11/;5/90 12.05 60.25 84.62 <br />28-34 35,000 i.l/t5/91 12.25 61.25 86.03 <br />35-42 40,000 11/15/92 12.5G 62.50 87.78 <br />43-51 45,000 11/15/93 12.75 63.75 89.54 <br />52-61 50,000 11/15/94 13.00 65.00 91.29 <br />62-72 .`3,000 11/15/95 13.25 66.25 93.05 <br />?3-85 65,000 11/15/96 13.45 67.25 94.45 <br />Each respective Bond shall bear interest at that rate <br />equal to the Initial Rate of Interest applicable to such <br />Brand, for a period of six months from their date, which rate <br />shall thereafter be adjusted on each Interest Adjustment <br />Date to equal one-third of the sum of (1) the product of the <br />Prime Rate, determined as of the Interest Adjustment Date, <br />multiplied by the applicable Prime Rate Multiplier, as set <br />forth in the above table; and (2) twice (2X) the product of <br />the Bond Buyer Revenue Indus determined as of the Interest <br />Adjustment Date, multiplied by the applicable Bond Buyer <br />Revenue Index Multiplier, as set forth in the above table, <br />grovided, however that the rate of interest determined for <br />any Bond issued under this Indenture shall be subject to a <br />maximum rate nat greater than two and one-half percent <br />(2.5%) in excess of the Initial Rate of Interest and shall <br />be subject to a minimum rate of not less than two and <br />one-half percent (2.5%) less than the Initial Rate of <br />Interest. The rate of interest hereunder shall be <br />calculated on the basis of 360 days and shall be paid for <br />the actual number of days elapsed. <br />The Bonds shall bear the facsimile signature of the <br />Chairman of the Governing Body of the Issuer and shall be <br />attested by the manual signature of the Issuer's Clerk, and <br />the official seal of the Issues shall be affixed on the <br />Bonds. In case any officer whose signature or a facsimile <br />of whose signature shall appear on any Bonds shall cease to <br />be such officer before the delivery of such Bonds, such <br />signature or such facsimile shall nevertheless be valid and <br />sufficient for all purposes the same as if he had remained <br />in office until such delivery, and, further, any Bond may <br />bear the facsimile signature or may be signed by such person <br />as at the actual time of the execution of such Bond shall be <br />the proper officers to sign such Bond although at the date <br />of such Bond, or at the date of its issuance, such parsons <br />may not have been such officers. <br />Both the principal of and the interest on the Bonds <br />shall be payable in any coin or currency of the United <br />States of America which, on the respective dates of payment <br />thereof, is legal tender for the payment of public and <br />grivate debts. The principal of the Bonds and the interest <br />accrued thereon shall be payable at The Overland National <br />Bank of Grand island, in the City of Grand Island, Nebraska, <br />hereby constituted and appointed as the Issuer's Paying <br />26 <br />(~ <br /> <br /> <br />
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