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Ordinance 1858-92
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Ordinance 1858-92
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Ordinances
Ordinance Number
1858-92
Date
2/12/1992
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only and shall not control or affect the meaning or construction <br /> of any of the provisions hereof. <br /> Section 11. 07 . Counterparts. This Agreement may be executed <br /> in any number of counterparts, each of which when so executed and <br /> delivered shall be an original ; but such counterparts shall <br /> together constitute but one and the same instrument. <br /> Section 11. 08 . Title and Security Documents. The Underwriter <br /> shall cause this Agreement and title documents and/or a financing <br /> statement relating thereto under the Uniform Commercial Code of the <br /> State of Washington to be filed, as may be required by law fully <br /> to protect the right, title and interest of the Trustee in the <br /> Lease and in title to the Improvements held pursuant to this Agree- <br /> ment. The Underwriter, Lessor and the City shall upon the request <br /> of the Trustee, execute or cause to be executed any and all further <br /> instruments as may be required by law or as shall reasonably be <br /> requested by the Trustee for such protection of the interests of <br /> the Trustee and the Owners, and at the request of the Trustee. shall <br /> furnish satisfactory evidence to the Trustee of filing and refiling <br /> of such instruments and of every additional instrument which shall <br /> be necessary to preserve the lien of this Agreement upon the rights <br /> and interests assigned to the Trustee under this Agreement until <br /> the principal, or prepayment price of, and interest on the Lease <br /> Payments represented by the Certificates issued hereunder shall <br /> have been paid. The Trustee shall execute or join in the filing <br /> thereof at such time or times and in such place or places as it may <br /> be advised by an opinion of Counsel will preserve the lien of this <br /> Agreement upon the rights and interests assigned to the Trustee <br /> under this Agreement until the aforesaid principal shall have been <br /> paid. <br /> Section 11. 09. Information Under Commercial Code. The <br /> following information is stated in order to facilitate filings <br /> under the Uniform Commercial Code: <br /> The title holder (or secured party, if applicable) <br /> is Security Pacific Bank Washington, N.A. , Trustee. Its <br /> address from which information concerning the security <br /> interest may be obtained is 1301 Fifth Avenue, 15th <br /> Floor, Seattle, WA 98101, Attention: Corporate Trust <br /> Department. The debtor is the City of Everett, <br /> Washington. Its mailing address is 3002 Wetmore, <br /> Everett, Washington 98201. <br /> Section 11. 10. Payments Due on Saturdays, Sundays and Holi- <br /> days. In any case where the date of maturity of interest on or <br /> principal of the Lease Payments represented by the Certificates or <br /> the date fixed for prepayment of any or all of the Lease Payments <br /> represented by the Certificates shall be a Saturday, Sunday or date <br /> C-32 KR173 92/01/27 <br />
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