1989-154 - Laserfiche WebLink

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all other payments required by the Resolution; and that such rates, rentals, fees and other charges will not be reduced so as to be insufficient to provide funds for such purposes. As provided in the Resolution, this Bond is exchangeable at the expense of the owner and holder hereof at any time, not more than 90 days after surrender of this Bond to the Clerk hereinafter mentioned, as Band Registrar, for an equal aggregate principal amount of fully registered Bonds stated to mature on September 1 of the years in the amounts and in denominations corresponding to the years and amounts of the unpaid installments of principal of this Bond. This Bond is subject to redemption prior to maturity, at the option of the Issuer, as a whole, on any date, upon payment of the outstanding principal amount hereof, together with accrued interest to the date fixed for redemption. The Issuer, at its option, from time to time, on any interest payment date, may redeem any part of the principal of this Bond by payment of the amount selected for such redemption, together with accrued interest on the amount selected for such redemption to the redemption date. Each partial redemption shall be applied against the installments of principal last (by date) due and payable and no partial redemption shall postpone or interrupt payments of future amortized installments which shall continue to be due and payable until payment hereof in full. It is hereby certified and recited that all acts, conditions, and things required to exist, to happen and to be performed precedent to and in the issuance of this Bond, exist, have happened and have been performed, in regular and due form and time as required by the laws and Constitution of the State of Florida applicable thereto; and that the issuance of this Bond does not violate any constitutional or statutory limitations or provisions.