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'Rt1S'i' INOt:N'fURt
~r:~•t'~ oF Florida ~ .
/l1NTY Ot St. Lt1C~@ ~ ~ -
~n~ •rrua[~ ~~f en~ m~o ~h~..~5~h... ~r o~. ..~k.~l~~.~.~.~~?....... bY sndamoo~~ '~~t
$}.~4.l'~~i.~1~R~~1;~.+ u~:. ~h~ ~@r ~tit~ rou iu u y anthoriscd representstives. het ~~te?
tilkd the lauct .~,~'~~C?,„~t1K~~:~ti~~~C;o1lC1 ,,,~e~tinat calkd' ust o tua=dss"r:Moe~icaw
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. iS.SUANCLt OF BONOB AND Sf.CURI~'Y. 1. 7~c ltwer has hento~ore aRrted. aad by~~rY~~~da~ bdeel? l
with the Bwke~-Desler that the issucr ~hall iaue boud= it~ the total amou~t of f.~ 3..~. .
id b~ src tu be xc~red by a coevey~nce to the 1'rwtee by [ked of 1Yust. Security . ar otber uatrmaest
nveyinR to the Trwtee ~h~e e+eal e:tate of the laue~ whkh is de~cr~ed ~ thr "Ihuription u~ hq~erty ConreY~d"
~ ttxbed as sn exhbit hereto. Ssid ins~rumeqt is hereinafter referrcd to as the "Seavnty tnstrument". and is re-
.xded ie the :forcsald Stste and Couoty in the office af the ~wblic atticial wheee instrumen~s coave~ri~ reai esute
~ecurity Iot debt are customarily recorded. .
1 DESCRIP'i' U(~ '~O NDS. 1. '11~t bo~ds which are ~o be iswcd hertunde~ shall be knows as Series ot_...,,.»......
ALl„~t18t 1~ 1~'r s~ad ahall be awed in thr denominations. at thc iatcrest rstt or rates, aad
..~•11 mature a~ suc~ i~d,ite or~~ aie~ a~ i
~ more (u Qy ~et furt h on t h e "
S c h e
d
uk of Ronds" ~huwn on Exhibit "A"
hicfi torn~s x pan af thu '1'rust tndenture: All of said bonds ~hall have equal riRha and lirns unde? th~ Trust In•
ntun aad the Security lastn~aunt. ~o ~hat each and every hord :haq be equally and prop~xtiw~ately serun~d
hercfiy. wilh.w~ preterente. p?iority or d'atiaction a~ ~u the lien ~ccurinR any ane baed over the lien securiuR any
~,~he~ b~u~l ar bonds. Said bund~ ~hall be substantially in the forn~ of t:hibit ••li•• whicb-a atta.i~ed heceto and
~ de a put i~ereot.
11. USE Ut 1lUNI) PROGEEDS. 1. Proceeds iwm the fale ot bands shall be receivcd by the '~Custo~dian" and ~han
x~ used by the Iswer tor the paymeat of the folbwiaR items qn the order and prcfercnce listed hcreiaa[ts~: -
(a) 7'o par thc fees due to the 8wkrr-liealer in t6e amount and for the serviccs descrif~ed in ParaRraph XVII
- y sutharize.
(bj 'fo pay all taxes and filir~ fees that may' bc chary~ed with re~pect to the tilirq~ and nc.-ordi~qt of all Ic~al
NH•ume~u reyuired to issue the bonds.
(r) 'l'n pYy existinR Ikns a~ainst tbe rcal cs~ate of the lasucr. '1'he Issuer certitirs thal ~hc cxisti~ liens. which are
o bc paid oul .~f thc bond proceeds and lhc a~?mximatc amaunt nquiml to ~~ay samc. ere a?s follaws:
(a) Satisfaction of Land Moa~tgage
(d) After thc parment ot tht aforesaid fecs. exp.~nses and licns. ~he tsauer shall disbu~se thr rrmaininR hond
Kuc-etds io thr urdcr and io~ the purpascs set forth as folbws: _
{a) Construction and furnishings of building
Y: PREPAYMENT UF UVI~TANDII~G BOI~US. 1. If thert is only unc issuc uf bonds w~tstandin~ l~ercunder, tl~t
ssuer sha11 havt ~hc ~rivile~e of repayi~q~ aq ut the bc~nds ot said issue in full bcfure maturity. If there is moro lhan
nc iswe of twnds outstanditq~ hertunder. the Iswer ~all have thr privilexc uf prq~ayi~ all n[ the boads of onc w
urc wch iswcs ie full before ma~urity. rrovidcd that. in each ins~anrc. wch pre{~ymem shall be ap~?lied fint to
hc oulstaudin~ issut beario~ the earlies~ issue datc. -
,•~7~e Iswcr shall also havc the pri~?ik~e ot putial prcpayment. i. e.. prcp~ymcn~ in full ix(ore mat~uily o[ aoe ar
' ure bonds of any outstsndi~ i~tue. but aot all tbe bnnds thereof. althou~h in ex-h ~nt~xnce such p?epayauats
~ all be applied in~a
ymct~t of the b~rxi (s) with tbc last maturities ~~f the ou~s~aixli~ issue beariaX the arlicst
~ e date. horided. howtver. that- if pulia! prepayment is de~ircd for the pur~wsc oi rcfimncinR a pwtioo oI
~ xistiaR indebttdn~r c~reatedpu rwanl to this Tnut Indenture. then wcb partial prcpa~mem maY app1Y to sncb
~ as awy be requirsd to be prepaid in order to ei(ect said rcCnancin~. ~
k .'fhc Iwuer will pay to the Rc~tnr-Payinx Asent. be(ore thc date fixed by the luuer tor such prcpayment. a su~a
fC~cient to pay the bonds beir~ catkd tor paymrnt and sll matured interest rnupons. '1'h~ Re~istru-hy~nR ~~~rnt
1 paq tAe bonds thw calkd fw prcpayme~e. includinR matund interrst.
: f~e lavtr ~hall ~ive notice ot ib ekction to call and prepsy a~y bo~ds as folluws:
At kau thirly (SO) diys prior to the date solected by the Iswer for wch caflir~ prepaymcnt. tt~e 1»uer sball
notily /be Trustee. te addition. the lauer shall Rive writleo nolicc uf tht proposed prepaymrnt to eaci~ oi the
purchasen o[ t6e bondt. to t4e extent knowa to thr Issuer. and likewise tu any transferee or sssiRnee ot
the ori~inal purchaur. ii knovim by the Inuer. Such notice ~all lx sufticient whe~ maikd to saidp~t~es la~
addross as ahown w~ records of tl~e tuuer by Uaited States mail. postxRe prepaid. a~ kut rr~K~ ~ si ) days prior to
th~ a~~~ ru~ta by th~ ~auer ra ,nch Pnwrmeat. ~
5. Ko bond or coupon ~hsll draw aay interest from and after tlie date called and established (or tbe prepay~aent
~ thereof. la tht evcnt the Rt~istpr-Payit~ Aaent should be una6k to ascertain the prq~cr holdcr or persoa la~+fully
rntitkd to receire any sufos paid to ii fw prepsymeM of any bood or bunds fw which the lssuer ha~ ~nade paysee
~ to the Re~trar-Payi~ A~eat in order to redeem bonds on a rc~ul~r payment date. or in thc erem the Re~strar-
6 Payin~ A~rnt has not teceived tht idrntity a~ed addre~ ot the ~xrwn or persu~ lawfully entided to wch proceeds
~ for a perwd oi us roontbs nr more. the Rqpstrsr-Payin~ A6ent st?a11 return wch proceeds to the Issuer and obtaia
; a receipl theretor from the Itwer. In wch event the ReRistrar-Payin~ ARent shall thercu~wn br iully and compktef~r
• d'+scharRed from aM? and all req~onsibility with reiQect to such tunds. .
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' V. MAIN7~NANC~ O~ PROPERTY. 1. At its own cost and expcnsc, t6e Iswer ~recs that it wit1: (1) Uta~tain sN
~ of its PwQertY co~?ered by the Security it~strumeat in Rood repair and candition: (2)Pay or dischar~e all tud and
- asreuments that are or may becane payabk with re~pect to wch pro~~y. by virtue of any law. ordioance or
re~vlation. ~
YI. tA3.4 UR UAMACE TU TN~ PREMlS~.4. 1. At its own cost and expense. the luuer a~rees that it r?iq secmrc ~
from an inwrance company licen~ed to do busines in the above named State. w a combination of c~o~eapanies w
licetned. and will at all ~imes main~ain full force and e(fec~ fire and eztended cmreraRe inwrance insurin~ thr
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~ooKz74 P~ 92? ~
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