Laserfiche WebLink
-.,46 <br />.?' <br />! <br />? <br />;cj A.i origir,al executed cour.terparrt of tile Assigntnen?. of <br />irease, Rents an:i Autnori5:atiori to Coi.lect RenLs dateci <br />as of llece,nber 15, 1980 by and bc?tween the Co;nparzy and the <br />Original Purchaser; <br />(u) Written ticl,: e-vi.der;c?? tha` Lhe :3older, as Mortya<;,_.,t, <br />under the i•1or.kgag:.?, has a va_lid tirst mortgagg or? ??io <br />Project Si.te (as de:'t:i.ne?l in t:'ri- Ag?-,?,nerit} suhje^t only to <br />(L) taXF's c1T1d assc:sS1t1F'ittS Tl()t Cxc^.l"Lt1clUc?i"0:. a21d (11) 1.iens <br />a::d E.':iCai::'.`1Z'c,`?i1C:c'.S :eYtil]_tGi?ci t''.?:.' t?Y'f[1S c111d Tp:"OV1slOI1S C)i <br />t,'lE' i'%lor'CCjaqr-?. SIICn tltle eV1dr'C1C'' :ifld.Ll COI1S:St Ot a:1 I1L,`I'A <br />rC)Y'iii Oi lGafl jJOi1Cy G:?L7 rLtZF' 1t1S1:lY`i:2t1k-'E', Or CJ'tqCilt?T1F'ilt, <br />tn2Z'eiOr, 1:: tf12 C!alilt Oi Cric }{O1C.'ie';_, iCI at1 a7110Ui1L Of Ilot <br />less tnEirl ; 590, Ot)G, and is?::ied by a. title company selected <br />by the uompany an<i authori;:e(l t(-) tr_azsact business in the <br />State ot Onia; <br />(e) Opinions of 'r3oiid Couclsel, and cjunse1 ror the <br />Co,,pany. <br />Sect ion 15. Payment anc: L'1 SCi13l:'qee <br />pay and discharge or cause?to be palid and <br />Bond, thP covenarits, a,reements and other <br />TssuAc ilereunc:ier ancl in t'rie Projeet; Banc1, <br />Assiqn?.ientshai1 be discharged anca sat.iS?C <br />Zf t'ne Isstier_ shall. <br />discizaryed the Pr.oject <br />obl iqations of the <br />thf:, Agreum2nt unc3 the, <br />ietl. <br />Section 16. 5ubseq.!ent fippointment of_ Trustee. Th2 <br />2rojec4 3on:l is by i.`s terms trUnsferat>le^byi ?tlze itolder to <br />F'ina-.:cial lnstitutions, as selt forth in E:{nib.it A hereto. I L <br />r;^o Uriginal i'urchaser or any subsequent Holder desir`s to <br />transre:r the Project 3onc1, and in order to implement such <br />transfer the appointment af a trustee, paying agent or reg istrar <br />(hereinafter referred to as "trustee") is requir.ed, the Issuer <br />shall take whatever steps are necessary to appoint such trustee, <br />includiny entering into a trust indenture a.r similar instrument <br />and amending the Agreement and the Assignment, all subject to <br />the approval of the Company, which approval shall not be <br />Lanreasonably withheld, and at trie exgense of tne Company. <br />Section 17. Comp.liance wi.th Open Meeting_Requirements. <br />Tt is hereby found and cietermine:? that all ormal action:? of <br />tnis Leg:islative Authority concerning ana zelating to the <br />adoption of this Bond Legislation werz adopted in an open <br />meeting of this Legislative Authority and that all deliberations <br />o£ this LPgislative Author_ity and of its coriimittees that <br />resulted in such for_mal action w??e in meeti.ngs opan to thp- <br />pubiic, in compliance with all legal requirements, includinq <br />Section 121.22 of the Ohio Revisec? Code. <br />18