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1989-139
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1989-139
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40 <br />approved by the officers of this County executing the Agreement, such officers' <br />execution and delivery of the Agreement with the form of the Note attached <br />thereto to constitute conclusive evidence of their approval of the form of the <br />Note. <br />Upon execution and delivery of the Note to this County by the <br />Company, this County shall endorse and transfer the Note to the Trustee as <br />further security for the Bonds as contemplated by the Indenture. Such <br />endorsement shall be substantially in the form attached to the form of the Note <br />herein approved. This County hereby authorizes and directs the Chalrman of the <br />Board to execute, and its Clerk to attest under seal of the County, such <br />endorsement of the Note and to transfer and deliver the Note to the Trustee. <br />SECTION 12, APPROVAL OF MORTC (;I,-' AND SECURITY AGREEMENT!AfXB_QVAL <br />AND AUTHOR S C F <br />,QLJq_TgV-=, This County shall <br />accept the Mortgage, when duly executed and delivered by the Company, as <br />security for the obligations of the Company to the County arising with respect <br />to the Bonds under the Note, the FInnticing Agreement and, as applicable, the <br />Indenture. The Mortgage shall be substantially in the form presented to the <br />Board at this meeting, which form is approved, together with such changes <br />therein as shall be approved by the officers of this County executing the <br />assigmTtent of the Mortgage hereinafter authorized and approved, such officers, <br />execution and delivery of such assignment to constitute conclusive evidence of <br />their acceptance of the Mortgage and approval of any changes therein made. <br />- 9 - <br />
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