1992-09-10 Resolution 64 - Laserfiche WebLink

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~ f pay the principal and all interest as it becomes due until all of the Bonds of this issue shall have been retired. The Bonds of this issue maturing on or after March 1, 2002, may be redeemed prior to maturity at the option of the Authority in whole or in part in whole multiples of $5,000, in inverse order of maturities and by lot within maturities, on any date not earlier than March 1, 2001, from any monies made available for that purpose, at face value plus accrued interest to the date fixed for redemption together with a premium of two percent (2%) if redeemed on March 1, 2001, or thereafter on or before February 28, 2002; one percent (1%) if redeemed on March 1, 2002, or thereafter on or before February 28, 2003, and without premium thereafter; provided notice has been given by first-class mail to the registered owners of all Bonds to be redeemed. If this Bond is so called for redemption, and payment is made to the Trustee in accordance with the terms of the Agreement, this Bond shall cease to bear interest or to be entitled to the lien of the Agreement from and after the date fixed for the redemption in the call. In case an event of default, as defined in the Agreement, occurs, the principal of this Bond may become or may be declared due and payable prior to the stated maturity hereof, in the manner, and with the effect, and subject to the conditions provided in the Agreement. This Bond is transferable by the registered owner hereof at the principal office of Norwest Bank Indiana, N.A., upon surrender and cancellation of this Bond and on presentation of a duly executed written instrument of transfer and thereupon a new Bond or Bonds of the same aggregate principal amount and maturity and in authorized denominations will be issued to the transferee or transferees in exchange therefor. This Bond may be exchanged upon surrender hereof at the principal office of Norwest Bank Indiana, N.A., duly endorsed by the owner for the same aggregate principal amount of Bonds of the same maturity in authorized denominations as the owner may request. The Authority and the Trustee may deem and treat the person in whose name this Bond is registered as the absolute owner hereof. The following abbreviations, when used in the inscription on the face of the within Bond, shall be construed as though. they were written out in full according to applicable laws or regulations. TEN COM - as tenants in common TEN ENT - as tenants by the entireties JT TEN - as joint tenants with right of survivorship and not as tenants in common UNIF GIFT MIN ACT - _ Custodian (Gust) under Uniform Gifts to Minors Ac (Minor) -9-