No. 0189 authorizing sale, issuance, delivery of preliminary loan notes in the aggregate principal amount of $1,375,000, execution of requisition agreement No. 2, execution/delivery of project temp. loan note No. 3 (Project No. IND R-57)

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,b HUD -3080a (Cont 1d) (9 -66) and shall not be valid until. said statemept is duly executed on behalf of the Government. Said Project Tempora� oote -s gal d� livered by the Treasurer of fseph Count ex officio Treasur rz'T rw o the Government to b� e held an paid for by the Government in accordance with the terms and conditions contained in said New Requisition Agreement. Secti n 8. The proceeds derived from the sale of the'New Preliminary Loan Notes together with such amount of other appropriate funds of the Local Public Age cy as may be necessary, shall be applied, simultaneously with the receipt of said proceeds, as follows: First: To the payment and discharge of the principal of and interest on the following Project Temporary Loan Notes of the Local Public Agency issued pursuant to the Loan and Grant Contract and held or to be held by the Government for its own use and benefit on the date of the New Preliminary Loan.Notes herein authorized : - . .... _.. ... :: , Principal No. Date Amount None 3 econd: Pursuant to the provisions of the Outstanding , Requisition Agreement, the following amount shall be paid to the paying agent named below, for the sole and only purpose of paying the principal of and interest to maturity upon the designated Series of Outstanding Preliminary Loan Notes of the Local Public Agency: Amount !Paying Agent Series $1,24o,o61.46 St. Joseph Bank & Trust First Series C Company Michigan & Jefferson Strts. South Bend, Indiana i Any balance of such proceeds shall be deposited, in the appropriate account or fund established pursuant to the Loan and Grant Contract and shall be used only in accordance with the provisions of the Loan and Grant Contract. _5 -