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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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!lllblic liability policies r-equired in Section 5,3 hereof, not. only <br />its ,.>..rn l l,:lbi lity in respect of the matters there mentioned but <br />also ~hd Liability herein assumed. The Issuer will not, without <br />:he ~ri.:ir ~r-itten consent of the Borrower, settle or consent to <br />t.he ~,et.tldment of any prospective or pending litigation for which <br />t.~,e ;J.:irr:iwt?r is obligated under the provisions of this Section to <br />inj~1nify t.he Issuer. <br />rhe Borrower shall defend, indemnify, and hold the Issuer <br />anJ ~~e rrustee harmless against any claim or claims for loss, <br />Ja~ages, or equitable relief of any kind, which may exist or arise <br />1.~ .:HI/ :~<1.nner . ...,hat.soever because of, in connect.ion with, or in any <br />·,iay ralat.in9 to, the participation of the Issuer or the Trustee in <br />th•;! fi:1anci:1g contemplated herein. <br />~he aorrower agrees to undertake and perform to the <br />d:<t~nt l,qally permissible on beh.:ilf of Issuer, all obligations <br />and .Jutias of Issuer under the Indenture, as may be from time to <br />t i..;ie .le le J~ted to the Borrower by the Issuer, <br />-28-
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