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principal of and interest on this Band, when due and payable, <br />shall be paid to the registered owner hereof by che~k or draft <br />mailed, or wire transfer made, to such person at his address last <br />appearing on the Bond Register. 1'he Trustee shall mai~tain <br />accurate records of the payment of the installments of the prin- <br />cipal of, premium, if any, and interest an this Bond. <br />This Bond is one of a duly authorized issue of Bonds of <br />the Issuer designated as "Industrial ,evelopment Revenue Bonds, <br />Series 1983 (Florida Health Facilities Project)," the "Bands," <br />issued in the aggregate principal amount of ~2,400,000 under and <br />pursuant to the Constitution and laws of the State of Florida, <br />particularly Chapter 159, Part II, rlorida Statutes, and other <br />applicable provisions of law, and a resolution duly adopted by <br />the Board of County Commissioners of the Issuer on <br />1983, as supplemented. The Bonds are issued under and equally <br />and ratably secured by a Trust Indenture by and between the <br />Issuer and the Trustee dated as of the date hereof (the <br />"Indenture"). The Oonds are issued for the purpose of financing <br />the cost of the acquisition, construction and equipment of a <br />120-bed nursing home, including any necessary utilities (the <br />"Project"), to be acquired by and at the ex p ense of Florida Health <br />Facilities Corp. (of Indian River County), a Florida corporation <br />(the "13orrower"), within the jurisdictional territorial limits of <br />the Issuer under and pursuant to a Loan Agreement, Mortgage and <br />Security Agreement between the Issuer and the Dorrower dated as <br />of the date hereof (the "Loan Agreement"). Subject to certain <br />conditions stated in the Indenture, additional bands may be <br />issued in one or more series for the purpose of financin.g the <br />cost of completion of the Project or the cost of additions and <br />improvements thereto. <br />Copies of the Indenture and the Loan Agreement are on <br />file at the Corporate Trust Office of the Trustee and reference <br />is made to the Indenture (and all indentures supplementary <br />thereto and amendatory thereof) and the Loan Agreement for the <br />provisions relating, among other things, to the terms and <br />security of the Bonds, the collection and disposition of the <br />revenues and receipts of the Issuer from or in connection with <br />the Loan Agr~ernent, the custody and application of the proceeds <br />of the 13o nds, the rights and remeJies of the holders of the <br />Bonds, the rights, d~ties and obligations of the Issuer, the <br />Bar.rower and the ·rrustee, an.cl the modification or amendment of <br />any of the foregoing documents. <br />The Oonds and any a<lditional bonds issued undar and se- <br />cured by the Indenture ~re anJ will be secured, to the extent <br />provided in the Indenture, by il pledge of m,d lien upon. the pro- <br />-4-