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1994-05-17 Resolution 91
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1994-05-17 Resolution 91
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1/29/2013 8:33:50 AM
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C7 <br />• <br />is <br />hereon. <br />REFERENCE IS MADE TO THE FURTHER PROVISIONS OF THIS BOND SET FORTH ON THE <br />REVERSE HEREOF WHICH SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF DULY SET <br />FORTH HEREIN. <br />IN WITNESS WHEREOF, the SOUTH BEND REDEVELOPMENT AUTHORITY has caused this <br />Bond to be executed in its name and on its behalf by the facsimile signature of <br />the President of its Board of Directors and attested by the facsimile signature <br />of the Secretary - Treasurer of its Board of Directors. <br />SOUTH BEND REDEVELOPMENT AUTHORITY <br />By (facsimile) <br />President, Board of Directors <br />ATTEST: <br />(facsimile) <br />Secretary- Treasurer, Board of <br />Directors <br />TRUSTEE'S CERTIFICATE <br />This Bond is one of the Bonds described in the within - mentioned Trust <br />Agreement. .. <br />, Trustee <br />By <br />Authorized Officer <br />(Reverse of Bond) <br />This Bond is one of an authorized issue of Bonds of the South Bend <br />Redevelopment Authority, all of like date, tenor and effect (except as to <br />numbering, denomination, interest rates and dates of maturity), in the aggregate <br />principal amount of and 00 /100 Dollars <br />($ .00), issued under and in accordance with, and all equally and ratably <br />entitled to the benefits of, and ratably secured by, a Trust Agreement <br />(hereinafter called the "Agreement "), dated as of May 1, 1994, executed by the <br />Authority and Norwest Bank Indiana, N.A., as Trustee, to which reference is <br />hereby made for a description of the rentals and other income (the "Pledged <br />Funds ") pledged as security for the payment of the Bonds and interest thereon <br />and the rights under said Agreement of the Authority, the holders of the Bonds <br />and the Trustee, to all of which the holders hereof, by the acceptance of this <br />Bond, agree. <br />The Authority covenants that one business day prior to August 1 and <br />February 1 in each year, beginning with February 1, 1995, it will pay to the <br />Trustee, prior to the due date, solely out of the Pledged Funds, an amount <br />sufficient to pay the principal and all interest as it becomes due until all of <br />the Bonds of this issue shall have been retired. <br />
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