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(4) Vich cif t h- lnvostw4mt Agreeetents will prow -ode for <br />t h< est Abl i shment_ (,t f i x -d x ate* of tutu= on aewnurts invvsted <br />with the respective Invest.ment Agvsgl t Provider. The Series <br />A Acquisition Ft;nd Investment ftmommt Provider will p=ry <br />interest cn the amounts invested under the Series A <br />Acquisition, Fund Investment Agreement at the rate of 5.49% T-er <br />annum until at least- August 1, 1997. The Serie; A General <br />Investme=nt Agreement Provider will pay interest on the <br />deposited in the accounts and subaccounts of the Bond Fund <br />(including thct Principal Account, the Interest Account and th^ <br />Reserve Account), the Oeneral Fund and the Rebate Fund related <br />solely to the Series A Btmde at the rate of 5.93% per annum <br />for the term of. the BCtldg. The obligation of each Investment <br />Agreement Provider to repay the amounts invested with interest <br />at the specified rates will be an absolute and unconditional <br />unsecured general obligation of such Investment Agreement <br />Provider. Failure of an Investment Agreement. Provider to <br />honor its obligations under it:; Investment Agreement would <br />materially adversely effect the ability of the Authority to <br />repay the Bonds. The Authority and the Underwriters make no <br />representation regarding the creditworthiness of any <br />Investment Agreement Frovider. <br />(5) All future expenses with respect to the Series A <br />Bonds, including the Trustee Fees, will be paid in full on a <br />timely basis from investment income on funds held by the <br />Trustee and a portion of the interest paid on the :series A <br />Mortgage Certificates. The fees of the Servicer and the GNMA <br />or Fannie Mae guarantee fetes, as applicable, will total 0.50% <br />per annum on the re>pective aggregate outstanding principal <br />amount of A Mortgage L{ an:. underlying the GN4A <br />Certificates or Fannie Mae Securities, as applicable. In <br />adlition, in certain circumstances where the Series A Mortgage <br />Loans bear interest at rates of 7.12% or 7.65% as described <br />under the heading "T1E PROGRAM Interest hates on the Series <br />A Niortgaye Loan.,,," the Servicer wil l i-tain a total of .17% or <br />1.00% poo at,taum, as applicablf which iri+-hides the applicable <br />Servicing :and i:xcwee Service Fee =.nd GHKA or Pannie Mae <br />Guaranty f—, -tach amounts will be paid from pro- -is of the <br />Series A M�)tt gage Loans and will not be paid with -eeds of <br />tate aerie!. A Mortgage Qsrtificatws. All Progra -e are <br />f heed. and , + ti. -r than the Servicing tree, the Ti rs and <br />the A+it t„,: ;i t :: no other e3Wenees will be paid tion the <br />Trust Eatatr. <br />(il itis statua hies of the serftee A loads bare been <br />est abl laird an tea beet" of sat tcipsted selndule0 pavomts an <br />the serisa A~�a Qsrtlftost". �aq tmove is so <br />pre"ywom d daasrios A 11art~ Loses, it is ma tc­d <br />hemretr.t , tam too §b w�s Loses will be past&A as <br />.:.t:DP Pet�sad a< t�ieetod Pros to UWif retspaetive <br />mat sorties Sts a roads of swaats seer as sale. <br />Mfisslt < 01014841RK bas Or cssralty logs - <br />is <br />to <br />o t h- <br />ang <br />