81006059 - Laserfiche WebLink

Browse

$~-~ ~~~505°1 tte aeries A Bonds or interest coupons as they respectively become due. The pr? '.pal of the Series A Bonds, if registered, shall be payable to or upon the order of the registered owner, or his legal representative, upon presentation and surrender of the Bond at the principal office of the Paying Agent. Payment as aforesaid shall be made in lawful money of the United States of America. . Section 3. The S€ries A Bonds shall he executed on behalf of tl'ie Issuer with the facsimile of_ the official signature of one of the Designated Officers of issuer and with the official manual signatures of one of the Designated Officers of the Issuer an9 shall have affixed thereon the official corporate seal of the Issuer. The coupons attached to the Series A Bonds shall be executed by the facsimile of the official signatures of sai~9 Designated Officers of the Issuer. All such facsimiles shall have the same force and effect as if the sai9 Designated Officers of the Issuer had manually signed each of such Bonds and each of such coupons. The Series A Bonds, together with interest thereon, shall be limited obligations of the Issuer payable Pram the "Bond Fund," as hereinafter set forth, shall tie a valid clai~~ of t'~e respective hal3ers there=of only against such ~:-nd fund and ;ham reuenues and incams~ frc~~e the leaaina gf tt~e Fr?~eet aledtx?d Fa such end Cund tour In adalr~an shall secures ~y ~€ ~a£tie~p lien- vn the Frt'~e=t ac~u~re~ wt th th$ pr.sc~_F f ~.te ~~~i =_ Aonds) which Bond Fund shall be used for na ether purpose than k~; pay the principal of an9 interest an the Seriexs ?~ Bands, except as may be otherwise expressly authorized in this Mortgage that net';4 ing above shall limit ~ndholdees` or Truste+~`s rights under the Guaranty Agreement), The Series A Bonds and interest coupons shall never constitute an indebtedness of the tssuer within tree meaning of any state constitutional pravisian or statutory limits= tiara and shah never ce~nstitute or give rise to a pectaniary liabi- lity of the Issuer or a charge against its ven:~ral credit or taxing powers, In case any officer whose signature c>r facsi~aile oP whose signature shall appear on the Series A Bonds or coupons 2-b