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1983-102
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1983-102
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Last modified
3/28/2023 3:08:25 PM
Creation date
3/28/2023 3:04:57 PM
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Resolutions
Resolution Number
1983-102
Approved Date
10/19/1983
Subject
Providing for the financing of the acquition construction & equipment of a
120 Bed Nursing Home Facility located on 37th Street, Providing for Industrial
Development Revenue Bonds (Florida Health Facilities Project)
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TABLE OF CONTE~TS (Continued) <br />Section 6.7. Insurance, Repairs and Taxes ..• , • • • 45 <br />Section 6.B. Performance of Covenants by Issuer and <br />Borrower. . . . . . . . <br />Section 6.9. Inspection of Projec~ Books <br />46 <br />46 <br />Section 6.10. No Vacancy in Office of Trustee 46 <br />Section 6.11. Issuer Will Not Extend Time of Payment of <br />Bonds Without Consent of Bondholders • • . 46 <br />ARTICLE VII <br />POSSESSION, USE, DESTRuc·rroN I\ND <br />CONDEMNATION OF PROJECT <br />Section 7.1. Indenture Subject to Rights of the <br />Borrower • , ♦ I ♦ • • I I ♦ ♦ <br />Section 7.2. Condemnation or Destruction of or Damage <br />to the Project <br />Section 7.3. No Liens ... . . . . <br />ARTICLE VI Ir <br />REDEMPTION o~-Bo:ms <br />Section 8.1. Exclusive Procedure <br />Section 8.2. Limitations <br />Section 8.3. Notice •. <br />Section 0.4. Redemption <br />ARTICLE: IX <br />DEFAULT PROVISIONS AND REMEDIES OF <br />TRUSTEE AND BONDHOLDERS <br />Section 9,1. Events of Default <br />Section 9.2. Remedies on Default <br />-iv- <br />, , , 4 7 <br />47 <br />• • 4 7 <br />48 <br />, , 40 <br />• 48 <br />49 <br />51 <br />51
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