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' LEASE AGREEMENT <br />LEASE AGREEMENT dated as of June 1, 1976, and entered <br />into by and between the City of South Bend, a body corporate <br />and politic organized under the Constitution and laws of the <br />State of Indiana, party of the first part, (hereinafter <br />sometimes called the "Lessor"), and McCormick & Company, Incor- <br />porated, a corporation duly organized and existing under the <br />laws of the State of Maryland, party of the second part, <br />(hereinafter sometimes called the "Lessee"), <br />WITNESSETH; <br />NOW, THEREFORE, in consideration of the respective <br />representations and agreements herein contained, the parties <br />hereto agree as follows (provided that any obligation of the <br />Lessor created by or arising out of this Lease shall not be <br />a general debt on its part but shall be payable solely out <br />of the proceeds derived from this Lease, the sale of the <br />Bonds referred to in Section 2.1(c) hereof, and any insurance <br />and condemnation awards as herein provided). <br />o - c <br />n c <br />N v � <br />C� <br />- 1 - <br />