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81006059
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Last modified
1/14/2010 11:30:22 PM
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1/14/2010 11:28:11 PM
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DEEDS
Inst Number
81006059
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<br />(d) Th+e Issuer shall, r~rior to the issuance of <br />such Additional Bonds, enter into a~aendments to its <br />Lease and Agreement with the Lessee providing for pay- <br />~sent of a~"_ :ional basic rental sufficient to fully <br />cover all principal and interest requirements of such <br />Additional Bonds and payment as additional rental of all <br />taxes, assessments, insu=-ance premiums, expense of re- <br />pairs and maintenance, and fees and expenses of the <br />Trustee by reasor, of such acquisition, construction, and <br />issuance of such Additional Bonds. <br />(e} Additional Honds shall not be redeemable prior <br />to maturity unless all other Bonds outstanding at the <br />time of redemption shall also be redeemed concurrently <br />therewith. <br />(f) Each issue of Additional Bonds shall be desig- <br />nated by series, in alphabetical sequence, which desig- <br />nation shall be appropriately inscribed on each Bond. <br />(g) The issuance of such Additional Bonds will in <br />all respects comply with the Act and this Mortgage. <br />(h) A supplement to this Mortgage shall be entered <br />into under Rrticle XI hereof, under which sugplment the <br />Issuer shall mortgage the additional real estate and <br />improvements and property added to the Project out of <br />the proceeds of such Additional Bonds. <br />(i) The issuance of such Additional Bonds shall in <br />no manner affect adversely the exemption of interest on <br />Bonds then outstanding from federal income tax under <br />Section 103 of the Internal Revenue Code of. 1954, as <br />amended. <br />(j) The Guaranty Agreement shall have been amended <br />to include therein as guaranteed items the prompt pay- <br />ment when due of the principal of and interest an such <br />Additional Honds. <br />Section 10. Compliance with Section 9 hereof shall be <br />evidenced by (a) a certificate signed by the Designated Offieers <br />of the issuer as to compliance by the Issuer; (b} a certificate <br />___ __ <br />signed by the principal financial officer of Lessee as to compli- <br />once by Lessee; and (c) an opinion of the issuer's attorney or of <br />special counsel designated by the Issuer satisfactory to counsel <br />for the Trustee as to compliance with the legal tests for issuance <br />of Bonds of Other Series; provided that in giving such opinion the <br />Issuer's attorney or such special counsel may rely upon the afore- <br />said certificates as to the matters contained therein. Each such <br />certificate and opinion shall recite that the signer has read and <br />is familiar with Article II, Section 9, and the other provisions <br />of this Mortgage relative to issuance of Bonds of Other Series and <br />that in the opinion of the signer such conditions as he is re- <br />quired to certify to or give an opinion upon have been met and <br />complied with. <br />2-f <br />
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