81006059 - Laserfiche WebLink

Browse

s1= ~,~,sos~ issuer will acquire the real estate described in Exhibit "A" hereto, the buildings and related improvements located thereon and to be constructed thereon, and certain equipment to be used in connection therewith, all to be purchased or paid for out of the bond proceeds (which property in the aggregate is herein referred to as the "Project"?. and has leased the Project to the Lessee in consideration of rentals to be paid into a Bond Fund which will be sufficient to pay the principal of and the interest on the revenue bonds issued by the Issuer, as herein recited; and WHEREAS, the acquisition and leasing of the Projer_t and the issuance of the revenue bonds by the Issuer, as herein recited and provided, will serve the intended accomplishments and in ail respects conform to the provisions and requirements of the Art; and WHEREAS, the execution and delivery of this Mortgage and Trust Indenture (hereinafter sometimes referred to as the "Mortgage" or the "Indenture") and the issuance of the lndustc~al Development Revenue Bonds under the Act have been in all respects duly and vali:33y suthoriged by the governing body «f the Issuer; and t4HERE~AS, it has been determined mat the a=imate ------ - - -~~RO-F3i4~- ne~~~~~ry_t8 ~ltl~-nrs ~h~ ~[?~t c]~ ~1C~sll~~~~.~±1 s~f h~ F[a21~at and to pay certain expenses of such bond issue vili reyur~ tr-at an issue of revenue bonds of the Issuer in the total s~cincipal amount as herein provided be sutharited for iaauanc~r, sale, an{# delivery as hereinafter provided; and WHEREAS, the Bonds and the firu:~t~e's ~ertifiaate to be endorsed thereon are all to be in substantially t'~+~ following f=mar with necessary and appropriate variations, omissions, anti inser- tions as permitted or required by this Mortgage, to :pit. fi