Laserfiche WebLink
3. The parties hereto acknowledge that all remaining <br />terms, covenants and conditions as set forth in the Lease between <br />the parties hereto shall remain in full force and effect. <br />4. This Addendum shall take effect as of the date (the <br />"Deposit Date ") when the Authority deposits or causes to be <br />deposited proceeds derived from the sale of its South Bend <br />Redevelopment Authority Taxable Lease Rental Acquisition and <br />Refunding Revenue Bonds of 1993 (Airport Economic Development Area <br />Public Improvement Project) into an escrow fund established <br />pursuant to an Irrevocable Escrow Deposit Agreement, such Agreement <br />to be dated as of July 1, 1993, between the Authority and Society <br />National Bank, Indiana, for the purpose of refunding the South Bend <br />Redevelopment Authority Taxable Lease Rental Revenue Bonds (Airport <br />Economic Development Area Public Improvement Project), dated <br />January 1, 1991. Such Deposit Date shall be endorsed on this <br />Addendum at the end hereof by the parties hereto as soon as the <br />same can be done after the deposit into the Escrow Fund and the <br />Addendum shall be recorded as so endorsed. <br />IN WITNESS WHEREOF, the undersigned have caused this <br />Addendum to be executed for and on their behalf on the day and year <br />first hereinabove written. <br />SOUTH BEND REDEVELOPMENT AUTHORITY, <br />as Lessor <br />By: W. K1 Xf taz <br />Vi_e_ph]W. Wroblewski, President <br />TTEST: <br />Donald K. Fewell, <br />Secretary- Treasurer <br />ATTEST: <br />-fKe6 F. Sh r , <br />Secretary` <br />SOUTH BEND REDEVELOPMENT COMMISSION, <br />as Le see <br />By <br />Paula N. Auburn, President <br />-3- <br />