1983-102 - Laserfiche WebLink

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th.? ,.0a.n ,\:Jraement or shall be advanced to the Issuer for such ~ur~~se, 3nd the Issuer shall receive indemnity to its satis- faction: 1nJ {b) the Bonds shall not be or constitute general ~oliJations af the Issuer or a lien upon any propert~ owned by or ':litUilted ,,...ithin the jurisdictional territorial limits of the [ssuer, ~xcept upon the Trust Estate. 5ection 2.3 Description of 3onds. (a) The Bonds shall be issueu ..is fully registered Bonds in the denomination of $1,000 ~ac :1 •)~ lny integral multiple thereof including $2,400,000, and sh.11 l :le ..lated ,:is of the date of their authentication, The Bonds :;·n.1ll oe;ir interest from the latest interest payment date to ~hicn interest has been paid on the Bonds preceding the date of authdntication, unless such date of authentication is an interest pa1::1tc!nt fate on which interest is being paid on the Bonds, in which c3se the Bonds shall bear interest from such date of ~ut~~ntication; provided, that the Bonds authenticated prior to tht! ::irst. interest payment date shall bear interest from the date of ~utnentication. Interest on the Bonds shall accrue at a rate ~qu~l ~~ 781 of the Prime Rate in effect from time to time, com- putt!•l ~n the basis cf a 360-day year composed of twelve 30-day :;10:\t:1s. The i3on<ls shall mature 13 years from their date. ~eginning on -----------,--c--.,--• the principal of 3nJ i.~terest on the Bonds shall be ~ayable in equal consecutive 4uurt~rly installments aggregating ~75,147,94, on the first days .J!: --,------------' and the balance at the maturity of the Jond~. ,1 r.1.or to ---.------:--:------:-' interest only shall be ~~1J ?n the Bonds in consecutive quarterly installments on the first ,bys ".Jf The fin.il payment of principal of and redemption pr~miur.i, if any, on any Dond shall be payable upon maturity or reJe,~ption to the registered owner thereof or his assigns upon surr~nJor thereof at the Corporate Trust Office for such purpose. At ~11 other times, the installments of principal of and interest en any Bon<..l, when due and payable, shall be paid to the reyistare<..l owner thereof by check or draft mailed, or wire tr3nsfer ~ade, to such P~rson at his address last appearin~ on the i3onJ i~egister. All payments of principal, redemption prc1niu:n, Lf i.lny, and interest on the Donds shall be payable in an/ ,..:?i.n .Jr c1.u-rency of the United States of America which at the ti;:te of payment is legul tender for the payment of public and pri'l.:.tte debc.s. The •rrustee shall maintain accurate records of the tJ,-iyment of the installments of the principal of, redemption premiu~. if ~ny, and interest on t.he non<..Is. ( b) In the manner .1.nu with the effect provided in this In.Jcnt~re, the :3onds will be subject to mandatory reuemption -23-