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Form of Fu1~y Registesed ~eriea A Bond Without Coupona~ Trustee's CertiScate and Guarantae ~
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~ ~ GENER~L DEVEL,QP'MEN`T UTlLII't~5, INC.
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i 1'1HST MORT(}AUE BOND~ ~ERIE$ A~ r1~fp~ DUB DECF.MHER 31~ 1979 j
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For value rec;eived~ GF.NEttAL DEVELOP1tEN'r UTILITIE9~ INC.~ A FIOtt(1A COtpOlattOri ~~iCt6lRttf~Ql'~ W1~t1 lE8 ?
~ auccessors and asaign~a, general~y catled the "Company"), hereby promises to ps~y t,o ~
or registered sssign$, on December 31, 1979, or earlier as hereinafter r+cierred to, the ~
sum of Dollana at the principal office in j
g` ; Miaani, Florida, OE ~'HE FIRBT NATIONAL BANFP OF MIAIi[I ~}ICfE1llAftE'.r~ with ite aucc~ssora in the trusts under ~
; the indenture mentioned belo~v, generally called t~e Tniatec:), or at the principal office of its auccessor in said
j~ truata, and to pay to said gayee, or regiatered assigi~s, intereat (computed on the basis of a 360-day year com- I
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posed of 12 months of 30 days each) thereon, fmm the date hereof~ at the ra,te of six percent (6°Jo) per annum, ;
at suid offico, $emiannually on Jan,uary 1 and July 1 in each year until the principal sum hereof ehall heve , ~
Uecome due aiid payable, and to pay intereet on any overdue principal and on any ovetdue inataltment of ' f
. interest at the rate of nine percent (fl%) per annum, so far as tIie sauie may be Iegatly enforceabte, fmm the ~
due dnte thereof until fuUy paid. . ~
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i: Thi~ bond is one of a dtily authorized issue of First Mortguge Bonds of the Company, the initial series
~ thereof (of which this bond is one) being designated rirst Mortgage Boncls, Series A, 6°J'a, due December 31, i
1979, atl sueh bonds of all series being issued or to be issued under and subject to the pmvisiona of a certain i
Indenture of Mortgage, dated as of December 1, 1964 (hereinafter .with all indentures supplemental thereto ~
~ to which the Trustee s1u~11 be a party generally called the "indenture"), by and between the Compaqy and i
~ The First National Bank of Miami, as Trustee, f,o which indentute, an ercecut~ecl counterpart of which is on j
_ ; file witIi the Trustee, reference ia hereby msde for a description of the pro~erty mortgaged, a st~?teme~it of #
~ the ~ature ~nd eatent of the security-thereby affarded, the terms and c~nditione upon whiah release of pmperty ~
~ covered by ~ the indenture may be made, the tern3s and conditiona upon which bonda of all serie~ ate or are ~
: to be issueci and eecured, the righY,e and remediea under the indenture of the holders of said bonda, the terms
~ and cor.ditions upon which the indenture may be modified or amended, and the righta and obligatiane uader ~
~ the indenture of the Corapany and of said Truatee,• but neither the iaregoing reference to th8 indenture, Aor . ~
~ any provision of thia bond or of the indenture, shall affect or permit the impairment of the absalute, uncondi- ~
~ tional and uualterable obligation of tha Comgany to pay~ at the nnaturity d~te herein- pmvided,~ the principal
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F of and interest on this bond aa herein provided. ~
~ The Company, the Tn~atee and all other peraons may for all purposea tteat the registered owner hereof
~ ~ for tAhe time being, ae the abaolute owner hereof, a~.d neither the Company nor the 'I'rustee shall be affected
bY any notice or knowledge to the contrary, whether any payment on this bond shai! bo overdue or not; und
f' the Company, atid every successive registered owner"and Aasignee of this bond, by aceeptwg or hdding the
~ ~ $ame, consenta and agtcea to the foregaing proviaiona and esch invites the others, and all persona, to rely thereon.
! ; In certain events, on the eonditions, in the manner, at the timc~, to the extent and with the effect eet forth
in the indentum, and all a$~ ~onore fully providecl therein, (1) the principnl oE this bond may be declared and
become due and puyable before th~ etmto~ m~t~rity hereof, and (2) this boad m~y be transferred or exchnnged
At the option of the register~:d owner tiereof, and (3~,xhis bond, either eingly or together with alI or Iese than all
_ p pal amount of thi~ bond i~ a multi
~~~1 other bands or if the rinai ~ ple af one tl~ausand dollars (=1,000), a~y part ot '
the principal umount hereof conetitutin~~~aid aum or ~any multiple thereof, mAy be calted for redempbion and •
~ payment on any intee~eat payment ~date'prior to`maturlty, on notiee given. ar waived ae provided in t,~`ie in-
t~', dentur~, at the principai amount oalled,tor x~demptiori if called through the operation of the einking iund
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