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81006059
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Last modified
1/14/2010 11:30:22 PM
Creation date
1/14/2010 11:28:11 PM
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DEEDS
Inst Number
81006059
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~Q~N ~~lfU~e3f3 <br />Rental payments sufficient for the prompt payment when <br />due of the interest on and principal of the Bands are to be paid <br />to the Trustee '_oc the account of the Issuer, and deposited in a <br />special Bond Fund created by the Issuer, which rentals have been <br />and are hereby duly pledged for that purpose. In addition, the <br />Bonds are secured by a mortgage an the Project acquired with the <br />proceeds of said Bonds. <br />This Bond may be registered as to principal alone and <br />may be discharged from such registration, in the manner, with the <br />effect and subject to the terms and conditions endorsed hereon and <br />set forth in the In,9enture. Subject to the provisions for regis- <br />tration endorsed hereon and cro ntained in the Indenture, this Bond <br />and all interest coupons pertaining hereto shall be construed as <br />negotiable instruments under the laws of the State of Nebraska« <br />IT IS HEREBY CERTIFIED, RECITED AND DF,CLARED that all. <br />acts, conditions and things required to exist, happen and to be <br />performed precedent to and in execution and delivery of the Inden- <br />ture and the issuance of this Bond do exist, have happened and <br />have been performed in due time, form and manner as required by <br />law; that the issuance of this Bond and the issue of .+hich it <br />forms a part, together with all othar obligations of the Issuer, <br />does not exceed or violate any constitutional gar stat~.~t•~ry li«~ita- <br />tion; and that the rents pledged to the payment of the principal <br />of and interest on this Bond and the issue of whi.:h it £orm3 a <br />part, as the same become due, are sufficient in amount for that <br />purpose. <br />IN WITNESS WHEREOF, the City of Grand Island, Nebraska: <br />has caused this Bond to be executed in its na,ne by the facsimile <br />of the official signature of its Mayor and the manual official <br />signature its City Clerk thereunto duly authorized, and its cor- <br />porate seal to be affixed hereto, anc~ has caused the interest <br />vii <br />s <br />
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