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Agenda - Council - 07/12/2022
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Agenda - Council - 07/12/2022
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Last modified
3/14/2025 2:34:08 PM
Creation date
7/12/2022 9:10:31 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
07/12/2022
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Bonds; and (vi) pay the costs of issuing the Series 2022 Bonds (collectively, (i)-(vi) above shall <br /> be referred to as the "2022 Project"); and <br /> WHEREAS, the Project will be located on the property legally described in EXHIBIT A <br /> attached hereto and will be owned by the Mortgagor and leased to and operated by the School or <br /> any successor thereto, as a Kindergarten through twelve grade school facility; and <br /> WHEREAS, the Issuer's interests in the Loan Agreement, except for certain Unassigned <br /> Rights, have been assigned to the Trustee; and <br /> WHEREAS,under the terms of the Loan Agreement,the Company has covenanted,among <br /> other things, to make loan repayments sufficient to pay the principal of and interest on the Bonds <br /> when due; and <br /> NOW THEREFORE, the Mortgagor and the Mortgagee hereby agree as follows: <br /> (The remainder of this page is intentionally left blank.) <br /> 2 <br /> 73092175v4 <br />
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