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~~-- ~~v605~" ARTICLE Zi ISSUANCE AND EXECUTION OF BONDS Section 1. Series A Bongs in the aggregate principal anoint of Seven Hundred Thousand Dollars ($700,000) shall be issued by the Issuer as soon as practicable on or following the date of execution of this Mortgage, and the proceeds thereof shall be delivered to the Truster and deposited in the Bond Fund and Constriction Fund created by this Mortgage in the manner provide3 in Articles V and VI hereof. Section 2. The Series A Bonds shall be designated "Industrial Development Revenue Bonds (Wilson Concrete Project), aeries A," and shall be dated December 1, 1981. Series A Bonds shall be numbered in sequence from 1 to 140, inclusive, shall be issued in 9enaminations of $5,000 each, and shall bear basic interest from said date and become due and payable on December 1, of the years shown as follows: DUE ON DECF,MBER 1 INTERES'T' BOND NO. AMOUNT OF YEAR RA'Z'E 1 - 20 5100,000 1982 11.00 21 - 40 ifl0,000 1983 11.00 41 - 64 100,000 1984 11.25 31 ~- $0 100x000 1495 11.54 81 - 100 100,000 1986 1+.75 101 - 124 100,004 1987 1?.?5 121 - 140 104+040 1989 1~}44 In the event that interest on the Series A nda be~~,ea 3;uh~ect - to F~:deral income tax fir any reason (other th~i! 1~cuee ~,~ a=te held by a substantial user or related person) the interest rate o~~ ' the Bonds will be increased, effective as of the date of taxabii- ity of interest, to a rate equal to the average investment yield for 52 week United States Treasury bills at the cast auction pre- ceding the date of taxability, as determined by the 't`rustee. Such additional interest shall be paid to the holders of coupons pre- stinting such coupons for interest due after the effective date of kaxability. If any coupons are paid after such date of taxab~iTity without payment of any additional interest due hereunder: such additional interest shall be paid to the Bondholders entitled thereto upon establishing such right to the satin€aetian of the ' Trustee. Interest shall be payable June 1, 2982, and semiannuatly thereafter on-the first day of June and December of ~:ach year, such interest to be represented by coupons payable to bearer. The principal of the aeries A Bonds, unless registered, -and the interest coupons shall be payable to bearer upon presenta- Lion and surrender at the principal office of the Paying Agent of 2-a