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8448-93 Authorizing City of South Bend Economic Development Revenue Refunding Bonds (First Bank Center Project) $8,030,384.77
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8448-93 Authorizing City of South Bend Economic Development Revenue Refunding Bonds (First Bank Center Project) $8,030,384.77
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3/21/2013 4:22:24 PM
Creation date
10/1/2012 2:09:23 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
12/13/1993
Ord-Res Number
8443-93
Bill Number
108-93
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The invalidity of any one or more phrases, sentences, clauses or sections in this <br />Indenture contained shall not affect the remaining portions of this Indenture, or any part <br />thereof. <br />Section 1304. Notices. It shall be sufficient service of any notice, request, complaint, <br />demand or other paper on the Issuer, the Trustee or the Borrower if the same shall be duly <br />mailed by registered or certified mail, postage prepaid, addressed as follows: <br />If to the Issuer: City of South Bend, Indiana <br />County -City Building <br />South Bend, Indiana 46601 <br />Attention: Mayor <br />If to the Trustee: NBD Bank, N.A. <br />One Indiana Square <br />Indianapolis, Indiana 46266 <br />Attention: Corporate Trust Department <br />If to the Borrower: First Bank Center Limited Partnership <br />c/o Hunter, Keith, Marshall & Eaton, <br />Incorporated <br />5100 IDS Center <br />Minneapolis, Minnesota 55402 <br />Attention: Mr. Robert J. Keith <br />All notices given by the Issuer to the Trustee or by the Trustee to the Issuer shall also <br />be given to the Borrower and to each Bondholder and to FBT Bancorp, Inc., Post Office <br />Box 1602, South Bend, Indiana 46634, Attention: Treasurer. <br />Section 1305. Trustee as Paying Agent and Registrar. The Trustee is hereby <br />designated and agrees to act as principal paying agent and Bond Registrar for and in respect <br />to the Bonds. <br />Section 1306. Payment Due on Sundays and Holidays. In any case where the date of <br />maturity of interest on or principal of the Bonds or the date fixed for prepayment of any <br />Bonds shall be on a Sunday or a legal holiday or a day on which banking institutions are <br />authorized by law to close in the City of Indianapolis, Indiana, then payment of interest or <br />principal (and premium, if any) need not be made on such date in such city but may be made <br />on the next succeeding business day not a Sunday or a legal holiday or a day upon which <br />banking institutions are authorized by law to close with the same force and effect as if made <br />on the date of maturity or the date fixed for prepayment, and no interest shall accrue for the <br />period after such date. <br />Section 1307. Counterparts. This Indenture may be simultaneously executed in <br />several counterparts, each of which shall be an original and all of which shall constitute but <br />one and the same instrument. <br />-39- <br />
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