Ordinance 1818-91 - Laserfiche WebLink

at the City of Everett, Washington. Reference to the Trust Agreement, Lease, Assignment and any and all amendments thereto is made for a description of the covenants of the City securing the Lease Payments, the nature, extent and manner of enforcement of such covenants, the rights and remedies of the Registered Owners of the Certificates with respect thereto and the other terms and conditions upon which the Certificates are delivered thereunder. The City has reserved the right to prepay the principal components of the Lease Payments maturing on and after in whole or in part (in inverse order of maturity and by lot within a maturity) , on any date on and after , at a price of par (expressed as a percentage of principal component of the Lease Payment) , plus accrued interest to the date of prepayment. Notice of such prepayment shall be given by first class mail no more than 45 nor less than 30 days prior to the date of prepayment. To the extent and in the manner permitted by the terms of the Trust Agreement, the provisions of the Trust Agreement may be amended by the parties thereto with the written consent of the Owners of Certificates representing at least a majority in principal amount of the Lease Payments then Outstanding. The ownership of this Certificate must be registered upon the books of the Trustee as provided in the Trust Agreement. The Trustee may treat the registered Owner hereof as the absolute Owner hereof for all purposes, and the Trustee shall not be affected by any notice to the contrary. The following abbreviations, when used in the inscription on the face of the within Certificate, shall be construed as though they were written out in full according to applicable laws or regulations. TEN COM - as tenants in common TEN ENT - as tenants by the entireties JT TEN - as joint tenants with right of survivorship and not as tenants in common UNIF GIFT (TRANSFER) MIN ACT - Custodian (Custodian) (Minor's Name) -29- D0T437 91/09/24